Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And the company claims that there is already a waitlist for the product. According to Milo’s press release , clients who use the company’s services can pledge their Bitcoin to purchase a property. The company notes that this way, homebuyers can continue to own their Bitcoin and diversify into real estate, while potentially pocketing the price appreciation of both.

Mortgages 485

Mortgages Pre-qualification Pre-approval Lending 485

Keeping Current Matters

JANUARY 18, 2022

As you plan out your goals for the year, moving up to your dream home may top the list.

268

268

RIS Media

JANUARY 16, 2022

There is one common element to all real estate purchases. It would be best to make sure that the property you are interested in has a clear title. As obvious as this step seems, many seem to ignore it. However, always keep in mind that problems with the property titles generate most issues experienced during real estate transactions. Taking this home buying step seriously is critical.

Title search 120

Title search Title Inspection Agents 120

Better Dwelling

JANUARY 21, 2022

Canadian real estate is now some of the most expensive in the world. Home prices across the country, not in pricey hubs, are now comically overvalued. At this point, not even a major housing crash can restore affordability. Many think this is pandemic-related, but overvaluation has long been a concern. For at least a decade, […]. The post Canada’s Real Estate Bubble Is So Big Even The Mother of All Crashes Can’t Fix It appeared first on Better Dwelling.

Banks 145

Banks Mortgages 145

Advertisement

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.

Agents

Housing Wire

JANUARY 20, 2022

The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Most economists believe rates will continue to climb in the weeks and months ahead. “Mortgage rates moved up again as the 10-year U.S.

Fixed-rate mortgage 458

Fixed-rate mortgage Mortgages Lending Loans 458

Keeping Current Matters

JANUARY 17, 2022

Homeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing.

256

256

Sotheby's International Real Estate

JANUARY 15, 2022

With their effortless floor plans, superior appliances, and refined surfaces, these kitchens blend functionality, comfort, and style. El Molino. Montecito, California | Maureen McDermut & Maureen Martinez, Sotheby’s International Realty – Montecito – Coast Village Road Brokerage. Originally an olive-crushing mill, this elegant estate in the desirable Golden Quadrangle is one of Montecito’s oldest homes.

Brokerage 144

Brokerage 144

Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents. FinCEN’s proposed regulation, outlined in an “advanced notice of proposed rulemaking” published in the Federal Register , seeks to create general recordkeeping and reporting mandates — n

Agents 441

Agents Title Residential Finance 441

Keeping Current Matters

JANUARY 19, 2022

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%.

Mortgages 263

Mortgages Marketing 263

Better Dwelling

JANUARY 18, 2022

Canada’s central bank has been going Brrr, and it’s not because of the frigid winters in Ottawa. Bank of Canada (BoC) data shows that the money supply is still expanding rapidly in October. The M2++ money supply hit peak annual growth last year, reaching the highest level since the 1980s. The latest numbers show over […]. The post Over 1 In 5 Canadian Dollars Created Didn’t Exist Two Years Ago appeared first on Better Dwelling.

Banks 144

Banks Mortgages 144

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.

Loans

Eye on Housing

JANUARY 20, 2022

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). However, supply has continued to lag due to ongoing supply-chain disruptions and inventory fell to lowest level since January 1999, keeping home prices elevated and pricing out first-time and young buyers.

Sales 131

Sales Mortgages 131

Housing Wire

JANUARY 20, 2022

In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to a report by the National Association of Realtors , published on Tuesday. NAR Research has tracked the number of homes viewed since 1987 and eight is the lowest number on record. Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful.

Technology 421

Technology Sales As-is Agents 421

Keeping Current Matters

JANUARY 20, 2022

One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy?

Marketing 247

Marketing 247

Better Dwelling

JANUARY 20, 2022

Canada’s central bank is preparing to raise rates, and everyone is trying to guess what this means. The BC Real Estate Association (BCREA) is the latest to forecast the impact of a rising overnight rate. If the Bank of Canada (BoC) hikes as expected, BC home sales will see a modest decline. Home sales are […]. The post Bank of Canada Raising Rates Can Drop Real Estate Sales Over 50%: BCREA appeared first on Better Dwelling.

Banks 143

Banks Sales As-is 143

Advertisement

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.

Sales

The Mortgage Report

JANUARY 18, 2022

Is it cheaper to build or buy a house? Endless variables can change the answer. But this article can help you weigh the costs and benefits of both options.

140

140

Housing Wire

JANUARY 20, 2022

Hosted by Mortgage Capital Trading. Collateral valuation is a critical component of mortgage lending and the home sales process. During the Interest rates, origination volume and profit margins are constantly shifting based on a variety of factors, and it takes an efficient and intelligent operation to stay on top of it all. Most lenders react, rather than act, to changes in the environment.

Mortgages 410

Mortgages Marketing Lending Technology 410

Realtor.com

JANUARY 20, 2022

Getty Images So far, the start of 2022 has given us a heavy dose of deja vu. The COVID-19 pandemic continues to rage on. Mask mandates have returned. “Joe Millionaire” is back on TV. (We did a double take, too.). With everything seeming bleakly the same, it makes sense that you might want to make something in your life look different—even if the world outside continues to feel rote.

Design 128

Design New Construction As-is Construction 128

Better Dwelling

JANUARY 18, 2022

Canada’s central bank is quickly losing credibility, according to its survey. The Bank of Canada (BoC) Business Outlook Survey (BOS) for Q4 2021 shows businesses expect high inflation for years. Elevated expectations show they don’t see the BoC in control of its inflation mandate. As a result, most businesses are preparing to raise wages higher […].

Banks 138

Banks As-is Mortgages 138

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.

Agents

Sotheby's International Real Estate

JANUARY 18, 2022

Provenance can infuse a home with a special magic. In a neighborhood of stately old brownstones lies this charming, cheerful bijou with its own unique story: American petroleum executive, entrepreneur, and bon vivant Armand Hammer bought these two structures—a 19th-century carriage house and an early-20th-century artist’s studio—transforming them into one enchanting residence.

128

128

Housing Wire

JANUARY 18, 2022

Anthony Hsieh, the CEO of loanDepot , has been buying some pricey real estate in Florida, pushing his portfolio of properties to over $150 million. As was first reported by the The Real Deal , Hsieh has dropped approximately $50 million dollars on two properties located in Miami since the start of this year. He paid $30 million for a waterfront mansion on Star Island — a man-made island in Biscayne Bay, infamous for attracting rich and famous homebuyers — and $19.5 million for a condo in Miami.

Residential 387

Residential Investor Loans Mortgages 387

Realty Biz

JANUARY 17, 2022

It’s no secret that houses with great landscaping have a more attractive curbside appeal. When it comes to increasing the value of your home, revamping your landscaping and hardscaping can make a bigger difference than you might think. When looking at ideal homes, 90% of Americans would like a home that has lush landscaping. In the real estate market, houses with landscaping are not only more attractive to potential buyers because of the curbside appeal, but also because they offer outdoor

Renovation 128

Renovation Design As-is Marketing 128

Better Dwelling

JANUARY 19, 2022

Canadian real estate prices are likely to get a bit of a chill by the end of the year. BMO believes the surge in home prices at the end of 2021 was due to a low overnight rate, which failed to move with the bond market. As a result, rising fixed income mortgages showed little […]. The post Canadian Real Estate Prices Will Have A Hard Time With Higher Mortgage Rates: BMO appeared first on Better Dwelling.

Mortgages 129

Mortgages Marketing Banks 129

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.

Agents

Eye on Housing

JANUARY 21, 2022

According to the U.S. Census Bureau, the of the United States increased by 393,000 to an estimated 332 million from the previous year. In 2021, the estimated population growth rate of 0.12 percent was the lowest since the Bureau began collecting this data beginning in 1900.

122

122

Housing Wire

JANUARY 21, 2022

The United States Court of Appeals for the Fourth Circuit ruled on Wednesday that borrowers can pursue a class action lawsuit against Carrington Mortgage Services regarding the fees it applied when collecting payments online or by phone. The plaintiffs – Ashly Alexander and Cedric Bishop – brought the case in September 2020, alleging that the mortgage servicer violated Maryland’s debt collection and consumer protection statutes by illegally charging $5 for monthly payments online or by pho

Mortgages 408

Mortgages Loans Design Industrial 408

Brownstoner

JANUARY 19, 2022

Roll the credits! The Court Street Regal Cinema has permanently closed after more than two decades, leaving nostalgic Brooklynites devastated at the loss of the quasi-historic movie house. Former Brooklyn Paper scribe Ben Verde, who described himself simply as a “devastated moviegoer,” shared on social media that he would “physically… Read More > The post Brooklyn Heights Movie Theater Court Street Regal Cinema Shutters appeared first on Brownstoner.

Closing 122

Closing 122

Better Dwelling

JANUARY 19, 2022

Canadians are hoarding mortgage debt like it’s toilet paper and a pandemic just broke out. Bank of Canada (BoC) data shows seasonally adjusted mortgage credit hit a new high in November. That statement may not be as impactful as it used to be — it has printed a record high for more than 250 consecutive […]. The post Canadian Mortgage Debt Has Hit A New All-Time High For 261 Consecutive Months appeared first on Better Dwelling.

Mortgages 121

Mortgages Banks 121

Advertisement

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.

Agents

Realty Biz

JANUARY 19, 2022

Ubiquitous Energy is making headlines after raising a substantial amount of cash that it will use to transform skyscraper windows into electricity generators. The company has just closed on $30 million worth of funding from the consumer window and door manufacturer Andersen Corp., bringing its total amount raised to date to $70 million. Ubiquitous Energy has created a transparent coating for windows that works similarly to solar panels, transforming the sunlight that hits the glass into solar po

Technology 117

Technology Residential Development Closing 117

Housing Wire

JANUARY 18, 2022

Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in December from 1.67% in November , according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 51 basis points to 3.43%.

Loans 410

Loans Staging Mortgages Industrial 410

Eye on Housing

JANUARY 18, 2022

Over the first eleven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 1,029,208. On a year-over-year (YoY) basis, this is a 15.9% increase over the November 2020 level of 888,217. Year-to-date ending in November, single-family permits increased in all four regions. Southern region reported the strongest increase of 17.6%, followed by Northeast (+15.8%), West.

Construction 116

Construction Marketing 116

Maximum Exposure Real Estate

JANUARY 17, 2022

Comparing a Townhouse to a Condominium Do you know the difference between a condo and a townhouse? If you are shaking your head, no, you’re not alone. The condo vs. townhouse topic is confusing, even for some real estate agents who don’t know the key differences. While these property types hold some similarities, there are […]. The post Townhouses vs.

Agents 112

Agents Marketing 112

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.

Sales