Sun.Oct 22, 2023

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Seattle voters to decide on $970M levy to fund affordable housing

Seattle Times Real Estate

Supporters say the levy marks a "critical investment" in the city's housing stock, while a sole prominent skeptic argues for other strategies to address the housing shortage.

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Top 10 Brooklyn Real Estate Listings: A Bed Stuy Brownstone, a Fort Greene Row House

Brownstoner

The most popular listings on Brownstoner this week include a Bushwick rental, a Park Slope co-op, and a Prospect Lefferts Gardens row house. Popular listings were dotted around the borough this week. The least expensive property on the list is a pricey Bushwick rental at $15,000 a month and the most… Read More > The post Top 10 Brooklyn Real Estate Listings: A Bed Stuy Brownstone, a Fort Greene Row House appeared first on Brownstoner.

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Fannie Mae’s 5% Down Payment Loan for Multi-Family Homes

Marco Santarelli

What is Fannie Mae's 5% down payment loan for multi-family homes? In a groundbreaking move, Fannie Mae has announced a new policy that is set to revolutionize the multi-family housing market. Starting from November 18, 2023, Fannie Mae will reduce the down payment requirement for owner-occupied 2-, 3-, and 4-unit homes to just 5%. This is a significant departure from the previous norm, which demanded down payments of 15-25% for duplexes, triplexes, and four-plexes.

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Methods to Find an Open House Nearby Your Location

Maximum Exposure Real Estate

The best way to start your home-buying process is by filtering listings based on your preferred number of beds and baths. There are many excellent websites for searching. Your friends and family might be looking for homes near great schools or specific amenities. Why not share this valuable information? Let them know about the fantastic […] The post Methods to Find an Open House Nearby Your Location appeared first on Maximum Real Estate Exposure.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Tax Planning Strategies for Real Estate Investors

Realty Biz

The smart individuals who put their capital into real estate can profit from rental income from their properties, as well as from the resale of the said properties. But, that is not all. There are also many neat ways to reduce taxes. In this piece today, we will show you many a splendid tax saving solution so that you can easily adapt to the changing market.

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Moving Etiquette: How Much to Tip Movers 2024

Maximum Exposure Real Estate

Navigating the complex world of moving etiquette can be as tricky as assembling that IKEA KALLAX shelf – without instructions! When your living room is brimming with boxes, and movers are expertly winding their way around an obstacle course strewn with last-minute packing chaos, it’s easy to overlook one simple but essential question: How much […] The post Moving Etiquette: How Much to Tip Movers 2024 appeared first on Maximum Real Estate Exposure.

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New Mortgage Report: Originations Plummet, Buying Power Wiped Out

Bigger Pockets

Mortgage demand has fallen off a cliff, according to Black Knight’s recent Mortgage Monitor Report.

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How to get a real estate license in Texas

Housing Wire

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. That’s a longer program than in most states. We estimate that it’ll take three to six months to get up and running as a licensed real estate agent in the Lone Star State. In this article, we’ll take you through the Texas real estate licensing process step-by-step, sharing the costs, time commitment and all the details you’ll need to launc

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How to Pull Yourself Out of Car, Student, or Credit Card Debt

Bigger Pockets

You want to retire, but you’ve got credit debt, auto loans, and student loans.

Loans 101
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Federal Reserve To Extend Interest-Rate Pause: Jerome Powell

Marco Santarelli

The Federal Reserve, led by Chair Jerome Powell, has sent a clear signal that they could maintain current interest rates at the upcoming policy meeting. The pause in hikes of interest rates can be extended. However, Powell also cautioned that inflation remains persistently high, leaving the door open for potential interest rate increases if the economy remains robust.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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What is Rental Beast?

Realtors Property Resource

Learn about our integration with Rental Beast. The post What is Rental Beast? appeared first on Realtors Property Resource (RPR).

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What Would Cause Housing Market to Crash?

Marco Santarelli

The housing market is one of the most important sectors of the economy, affecting millions of people's wealth, income, and well-being. However, it is also prone to cycles of boom and bust, as we have seen in the past. The last major housing market crash occurred in 2008, triggered by the subprime mortgage crisis and the global financial crisis. It took years for the market to recover, and some areas are still struggling to regain their pre-crisis levels.

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What is Risk Factor?

Realtors Property Resource

Learn about our partnership with Risk Factor. The post What is Risk Factor? appeared first on Realtors Property Resource (RPR).

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2023 Housing Market Predicted to Have Fewest Sales Since 2008

Marco Santarelli

The housing market is experiencing a significant slowdown , with economists predicting that 2023 will be the slowest year for home sales since the 2008 housing bubble burst. According to a recent report by Fox Business , the housing market is facing several challenges, including persistently high mortgage rates and low inventory, which are discouraging potential buyers.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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How to Start an Airbnb Business With No Money

Mashvisor

If you cannot allocate $100,000 to buy a short term rental, you should not get discouraged. There are ways to get into the Airbnb rental business with no money down.

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How 8% Mortgage Rates are Impacting the US Housing Market in 2023

Marco Santarelli

The housing market in 2023 is facing a perfect storm of challenges that is sending shockwaves throughout the industry. Housing prices have been soaring, supply is painfully tight, and to add to the chaos, the 30-year fixed mortgage rate has surged to a staggering 8%. According to a report by CNBC, this rate is the highest in decades, and it's causing distress among both buyers and sellers.

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Listing-Agent Review of Seller Disclosures

BubbleInfo

This topic came up in my 45 hours of continuing education, and Donna agreed that rarely do listing agents comment on their seller’s disclosures – do they even read them?

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Mortgage Rates Reach Historic Highs: 8% Marks a 23-Year Record

Marco Santarelli

Americans seeking to secure mortgages for their homes are now grappling with the highest mortgage rates in over two decades. The average interest rate for a standard 30-year fixed-rate home loan has surged to 8% for the first time since 2000. This data comes from Mortgage News Daily , a trusted source for tracking mortgage rates. The Mortgage News Daily Rate Index has officially hit 8.0% , marking the highest mortgage rates in 23 years.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.