Housing Wire
APRIL 25, 2022
In Spokane, Washington, a mortgage loan officer at a regional bank has seen five borrowers qualify for a mortgage for one amount, only to have that number slashed a few months later. “They were approved in December,” he said. “Now they’ve gone from $450,000 down to $325,000.”. The reason behind the change, he said, is not that they had a sudden reduction in income, or an emergency expense that drained their savings.
Keeping Current Matters
APRIL 25, 2022
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted.
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RIS Media
APRIL 28, 2022
Tomas Barrientos. Managing Broker. HomeSmart TuCasa Realty. Tulsa, Oklahoma. [link]. Region served: Oklahoma. Years in real estate: 17. Number of offices: 2. Number of agents: 59. How did you come to partner with HomeSmart, and how has that helped mold your brokerage? . During the pandemic, we tried to find a new way to present something fresh with technology that was simple enough that our agents would understand, while also offering 100% commission with a flat transaction-fee plan.
Sotheby's International Real Estate
APRIL 23, 2022
Whether classical or colorfully modern, a fountain brings the serene sounds of water to any estate. Each of these five homes—from the Connecticut to California—uses a fountain to turn an outdoor area into an oasis that is both eye-catching and calming. California Meets Bali. Shelton Wilder, Sotheby’s International Realty – Brentwood Brokerage.
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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.
Housing Wire
APRIL 26, 2022
A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints.
Keeping Current Matters
APRIL 28, 2022
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
GeekEstate
APRIL 25, 2022
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: LandOnEarth.]. Location, Location, Location. We hear it all the time in the real estate industry. Where a home is located is the most important factor in its value–both now and in the future. Each person’s personal value of a particular location is dependent on a variety of factors, such as age, interests and profession.
Housing Wire
APRIL 27, 2022
Michigan-based Flagstar Bancorp , Inc. , parent company of Flagstar Bank , has reduced its mortgage staff by 20% since the calendar turned to 2022, laying off 420 employees amid a significant drop in origination volumes and margins. Overall, the bank’s net income in the first quarter of 2022 dropped 60.4% from the prior quarter, to $53 million.
Keeping Current Matters
APRIL 26, 2022
If you’re following along with the news today, you’ve likely heard about rising inflation.
Sotheby's International Real Estate
APRIL 25, 2022
In a world of greater freedom and flexibility, primary residences have been redefined, along with workplaces and office spaces. So perhaps it’s time to reimagine the pied-à-terre and the possibilities it can hold. In the past, a pied-à-terre was generally a small, functional apartment that gave their owners a home base in the thick of the action—and that action was always happening in the center of the city, whether in the corner office by day or the restaurants and theaters by night.
Advertiser: Trellis
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.
GeekEstate
APRIL 26, 2022
The fifth and sixth event in the GEM Soirée series are coming up. One next week in San Francisco on Cinco de Mayo, followed by an event in Chicago on May 19th. Each an evening to mingle and celebrate the industry’s progress with real estate tech founders, execs, VCs, and practitioners. San Francisco: A gathering at Modernist (a members’ club) on May 5th from 4:30 to 6:30.
Housing Wire
APRIL 27, 2022
Interest in residential mortgage loans fell 8.3% for the week ending April 22, including a sharp decline in purchase applications, which indicates a potential weakness in home sales in the coming months, according to the Mortgage Bankers Association ‘s (MBA) latest survey. Mortgage rates are now firmly above the 5% mark , at the highest level since 2009, depressing both purchase and refinance applications.
Eye on Housing
APRIL 28, 2022
Housing’s share of the economy edged higher at the start of 2022 due in part to a surprise drop in growth. For the first quarter of 2022, overall GDP growth declined at a 1.4% annual rate, driven by increased inventories and a jump in imports. Housing’s share of GDP increased to 16.7%, somewhat off a 14-year high of 17.8% during.
Sotheby's International Real Estate
APRIL 29, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Okatie, South Carolina | Jack Huguley, Daniel Ravenel Sotheby’s International Realty . A sprawling southern estate on a private South Carolina island has come on the market for $10 million. Private Island Retreat in South Carolina Lists for $10 Million – Mansion Global.
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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.
GeekEstate
APRIL 27, 2022
We have a job opportunity to share from a member of the GEM, Condos.com, a new and pre-construction marketplace: CTO. The opportunity: Job Description – How Will You Make an Impact? Work with our CEO and leadership team to set the technical direction, strategy and execute our roadmap. Drive technical decisions to use modern technology to deliver the product to our customers quickly and efficiently.
Housing Wire
APRIL 25, 2022
Ohio-based CrossCountry Mortgage has entered into an agreement to acquire California-based retail lender LendUs , multiple sources familiar with the deal told HousingWire. . Founded in 2003 by mortgage broker Ron Leonhardt, CrossCountry originated $52 billion in mortgages in 2021, up 22% year-over-year, checking in as the 17th biggest lender in the country, according to Inside Mortgage Finance.
Eye on Housing
APRIL 25, 2022
The financial performance of any company is directly linked to the industry environment in which it operates. Factors such as the number and size of its competitors, barriers to enter or exit, capital requirements, economies of scale, or the bargaining power of customers and suppliers all play a role in the potential profitability of a company. Given this reality, one.
The Mortgage Report
APRIL 23, 2022
Today’s mortgage and refinance rates Average mortgage rates just inched higher yesterday. But they rose appreciably over the whole week. And Freddie Mac reported on Thursday that these rates have […].
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.
HomeLight
APRIL 28, 2022
When you’re selling a house, finding a buyer means you can start thinking about the next big step: actually moving. This includes packing up your stuff, booking a trustworthy mover, and getting everything to your new home. With houses on the market for an average of 18 days as of February 2022 (according to statistics from the National Association of Realtors®), you don’t have much time to sell , pack up the house, and go.
Housing Wire
APRIL 27, 2022
Better.com CEO Vishal Garg. Struggling to cope with the rising mortgage rate landscape, mortgage lender Better.com reported a loss of $303.8 million in 2021, a stark contrast to its profitable nonbank peers. According to an amended S-4 filed by its special purpose acquisition company Aurora Acquisition Corp. with the Securities and Exchange Commission (SEC) on Monday, the earnings deterioration resulted from increasing interest rates, higher costs to support purchase loans, and investments to ex
Eye on Housing
APRIL 27, 2022
The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 65.4% in the first quarter of 2022, which is statistically unchanged from the last quarter reading. The national homeowner vacancy rate slipped to a record low of 0.8%, while the rental vacancy rate increased to 5.8%. The covid-induced data collection restrictions have ended in all areas as.
Lighter Side of Real Estate
APRIL 26, 2022
If you’ve been thinking about selling and hesitating or simply waiting, you may want to start thinking about how you’ll feel if you miss out on the best time to sell your house in a long time. You never know when (or if) conditions will be like this in the real estate market again. It’s been a sellers’ market for quite some time now, and with rates going up significantly and home prices still historically high, there’s a lot of chatter about whether or not there’s a real estate “bubble” that’s a
Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.
In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.
Maximum Exposure Real Estate
APRIL 26, 2022
Tips For Finding Out if Someone Died in a House Searching for your ideal home can take time. Even when you think you’ve discovered the right house, it can be hiding secrets. The older the home is, the more likely something has happened inside that could affect whether you want to buy or not. Many […]. The post How to Know if Someone Died in a House appeared first on Maximum Real Estate Exposure.
Housing Wire
APRIL 29, 2022
Redfin must revamp its business – including eliminating a minimum home price for service – in order to serve more non-white homebuyers. That was but one prong of a multifaceted agreement that Redfin and 10 different fair housing advocacy groups filed at a Seattle federal courthouse Friday. The deal probably ends a lawsuit that the National Fair Housing Alliance and like-minded groups filed 18 months ago accusing the brokerage and popular real estate listings website of offering services in predo
Dwell Real Estate
APRIL 29, 2022
National moving company PODS has put Sarasota at the top of its rating of the country's most desirable locations. Sarasota had the highest ratio of move-ins verses move-outs of PODS customers from January 2021 to March 2022, beating out Dallas-Fort Worth, Nashville and Tampa, according to a news release on the PODS data. "Sarasota, Florida, saw the highest number of move-ins during 2021 and, so far, in 2022.
McKissock
APRIL 29, 2022
Engaging in online forums and social media groups for real estate appraisers can be a great way to keep up-to-date on industry news , ask questions, connect with other appraisers, and even get referrals. But with so many options out there, it may be difficult to determine which groups are worth joining. To help you narrow it down, we asked our appraisal community, “What’s the best Facebook Group for real estate appraisers?
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Fancy Pants Homes
APRIL 28, 2022
In 2019, after a lengthy seven-year development phase, critically acclaimed comedy-drama, Russian Doll , made its first appearance in our Netflix queues. Like many others, I immediately binged all eight episodes and fell head over heels down the stairs in love with the show. This wildly funny, morbidly intriguing tale of two strangers stuck in a deadly time loop had me hooked for so many reasons.
Housing Wire
APRIL 28, 2022
Homebuyers can secure a home mortgage using cryptocurrency as collateral through a new partnership between blockchain real estate platform Propy and crypto wallet service Abra. The Abra Borrow platform allows customers to use crypto as collateral to borrow U.S. dollars with flexible repayment terms and interest rates as low as 0%, Propy, a real estate blockchain startup headquartered in Palo Alto, California, said in a release.
Brownstoner
APRIL 27, 2022
With its eye-catching stepped side gables and broad front porch, this Prospect Park South standalone has some allure even before one gets to the detail-filled interior. For car owners, there is also the added attraction of a two-car garage with a Tesla charging station. In the Prospect Park South Historic District,… Read More > The post Prospect Park South Standalone With Garage, Tesla Charging Station Asks $2.8 Million appeared first on Brownstoner.
The American Genius for Real Estate
APRIL 25, 2022
Did you know that Fair Housing was inspired by a vet who volunteered his life to defend our nation, only to come home and be denied housing? What has happened since legislation was enacted and what is going on today? NAR CEO Bob Goldberg weighs in. The post When a WWII vet returned home and was denied fair housing, the course of history forever changed appeared first on The American Genius Real Estate.
Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group
Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.
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