Housing Wire

SEPTEMBER 7, 2021

One year ago this month, I coined the term forbearance crash bros , an updated name for the housing bubble boys who never got their housing crash in 2020 so they moved the collapse of housing to 2021. Many other articles were written in tribute to this wonderfully talented group of internet crash callers. As we are in September 2021, we can safely say the housing crash has been moved once again to next year.

As-is 544

As-is Marketing 544

Keeping Current Matters

SEPTEMBER 7, 2021

If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later. 1. Your House Will Likely Sell Quickly. According to the Realtors Confidence Index released by the National Association of Realtors (NAR), homes continue to sell quickly – on average, t

Equity 256

Equity Days on market Mortgages Sales 256

Better Dwelling

SEPTEMBER 10, 2021

Either the Canadian real estate bubble is now a bubble on a bubble, or old enough it should be in school. The US Federal Reserve (the Fed) released its quarterly exuberance index for Q1 2021. The index, used to determine country-level housing bubbles, shows Canada is well into one. The unusual circumstances make it unclear […]. The post Canadian Real Estate Is Now A Bubble On Top of A Bubble: US Federal Reserve appeared first on Better Dwelling.

143

143

Lighter Side of Real Estate

SEPTEMBER 8, 2021

You need a new car. You need a new home. But will buying the former impact your ability to buy the latter? A recent article from realtor.com outlined the ways taking out a car loan could impact your ability to get a mortgage (and to get the best rate on that mortgage), including: Changing your credit score. When you apply for a car loan, it’ll show up as a hard inquiry on your credit report.

Debt-to-income ratio 134

Debt-to-income ratio Loans Finance Mortgages 134

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

SEPTEMBER 10, 2021

Wells Fargo has been slapped with a $250 million civil money penalty by the Office of the Comptroller of the Currency for “unsafe or unsound practices” pertaining to their home lending loss mitigation program this week. According to the OCC, the fine is also a result of the bank violating the terms of a 2018 compliance consent order , which alleged that Wells Fargo did not implement or maintain a compliance risk management program proportionate with the bank’s size, complexity and risk pro

Lending 450

Lending Banks Loans Mortgages 450

Keeping Current Matters

SEPTEMBER 10, 2021

Some Highlights. When it comes to the current housing market , there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly understand the real estate market and separate fact from fiction. Trust the pros. Reach out to an agent today to see why it’s still a good time to buy.

Agents 228

Agents Marketing 228

Fancy Pants Homes

SEPTEMBER 10, 2021

Home Alone, the cult classic comedy which turned Macaulay Culkin into one of the most recognizable child actors ever, is as present on our TV screens now as it was when it was first released in November 1990. The story of eight-year-old Kevin McCallister — who, accidentally left behind by his family during the holidays, is forced to defend his home from two dimwit burglars — is arguably the best Christmas movie of all time.

As-is 130

As-is Land Sales Design 130

Housing Wire

SEPTEMBER 9, 2021

United Wholesale Mortgage (UWM) announced today that it will no longer require its brokers to use appraisal management companies to complete appraisals. The Pontiac, Michigan-based wholesale lender will instead coordinate appraisals in-house, contracting with appraisers directly, offering appraisers and brokers a way to bypass AMCs altogether, which UWM CEO Mat Ishbia characterizes as “middlemen.”.

Mortgages 442

Mortgages Industrial Technology Loans 442

Keeping Current Matters

SEPTEMBER 8, 2021

Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time ( see graph below ), that’s little comfort to those individuals who are facing challenges today.

Equity 208

Equity Short sale Loans Sales 208

Sotheby's International Real Estate

SEPTEMBER 7, 2021

As entwined in the history of the Napa Valley as the abundant vines cultivated there, this stone and shingle residence—sitting at the heart of an enchanting half-acre—represents the opportunity to own a piece of wine country yore. Constructed in the 1890s to house the Esmeralda Winery, which supplied the landmark Palace Hotel, the building was tastefully redesigned in 2007 by the highly acclaimed firm of Fisher Weisman.

Construction 129

Construction 129

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

Realty Biz

SEPTEMBER 10, 2021

If you’re looking for proven ways to beat inflation and generate wealth, real estate is likely your best bet. According to the Federal Reserve Bank of San Francisco , real estate investing offers many advantages over other investments — including stocks. Over time, the Fed says, real estate values appreciate more, and real estate investments enjoy unique tax advantages.

Property Management 128

Property Management Investor Equity Mortgages 128

Housing Wire

SEPTEMBER 8, 2021

Mortgage application volume declined by 1.9% as of Sept. 3, falling to its lowest level since mid-July, according to the Mortgage Bankers Association’s weekly survey published on Wednesday. On an unadjusted basis, MBA’s index decreased by 3% compared to the previous week. Pushing the decline was the refinance index, which dipped by 3% from the previous week and was 4% lower than the same week year-over-year, the MBA said.

Fixed-rate mortgage 413

Fixed-rate mortgage Mortgages Loans As-is 413

Eye on Housing

SEPTEMBER 9, 2021

According to the most recent release of the Bureau of Labor Statistics Producer Price Index (PPI), the prices of goods used as inputs to residential construction including and excluding energy have risen 19.0% and 12.0%, respectively, year-to-date (YTD). In contrast, the index for final demand goods has climbed 7.2% and that for final demand goods less food and energy is.

Construction 126

Construction Residential As-is 126

The American Genius for Real Estate

SEPTEMBER 6, 2021

(REAL ESTATE) After years of hearing how millennials delay homeownership, it's refreshing to hear Gen Z has a totally different perspective. The post Gen Z is far more open to homeownership than millennials [study] appeared first on The American Genius Real Estate.

123

123

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

Sotheby's International Real Estate

SEPTEMBER 4, 2021

More than mere introductions, the front porches of these homes are destinations in their own right, perfect for relaxing and appreciating their settings and the best of every season. Colonial Charm in Greenwich. Greenwich, Connecticut | Carol Clarke, Sotheby’s International Realty – Greenwich Brokerage. Just minutes from the restaurants and shops of Greenwich Avenue, this delightful historic townhouse begins with a breezy classic front porch.

Brokerage 122

Brokerage 122

Housing Wire

SEPTEMBER 9, 2021

When it comes to consumers’ growing desire for a seamless, fully digital home-buying experience, coupled with COVID-19’s influence on buying behaviors, it’s safe to say there truly is “no turning back.”. The pandemic had a profound impact on the home-buying experience. Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers.

Mortgages 411

Mortgages Technology Inspection Closing 411

Better Dwelling

SEPTEMBER 7, 2021

Canada’s household savings rate soared, as generous benefits met few places to spend. At least, that was the narrative. Statistics Canada (Stat Can) data shows most households saved very little in 2020. The top two-fifths of incomes are responsible for Canada’s elevated savings rate. The bottom two-fifths of households didn’t save anything at all, but […].

121

121

BubbleInfo

SEPTEMBER 6, 2021

The number of pendings has increased in each of the last four weeks, and by next week could exceed the number of active listings again. The rest of the year should be exciting! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC (La Jolla to Carlsbad) Under $1,000,000 Market Date NSDCC Active Listings Avg. LP/sf Avg. DOM # of Pendings Jan 6, […].

Marketing 115

Marketing 115

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

The American Genius for Real Estate

SEPTEMBER 6, 2021

(TECH) Whether WordPress or Google Ads are part of your business, their battle could impact how you market and/or make money. The post If you use WordPress or Google Ads, you need to know a battle’s brewing appeared first on The American Genius Real Estate.

Marketing 110

Marketing 110

Housing Wire

SEPTEMBER 7, 2021

Last week, the Biden administration unveiled a multi-pronged proposal for federal agencies to address the lack of housing inventory, ahead of action from Congress. While the announcements didn’t include any major new programs, federal agencies will restart programs that previously lapsed, such as the U.S. Treasury and the Department of Housing and Urban Development ’s risk-based sharing program, and increase funding to existing programs.

Industrial 408

Industrial Construction Finance Development 408

Better Dwelling

SEPTEMBER 9, 2021

Canadian politicians promise to “fix” housing affordability if elected this year. Just one problem — all of their plans will increase home prices, not make them more affordable. That’s the take from Finder‘s 15-person monetary policy panel. The Fintech regularly polls Canada’s top economists for their take on monetary policy.

114

114

BubbleInfo

SEPTEMBER 7, 2021

Hat tip to Rob Dawg for sending in the second forecast that is predicting our home prices will continue to rise: While home price changes on the local level vary, July gains across all of the top 10 metros surpassed their 2020 levels. However, metro areas where affordability constraints are prevalent continue to persist as prices […].

As-is 111

As-is 111

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

Afford Anything

SEPTEMBER 8, 2021

F.I.R.E. holds four pillars: Financial psychology, Investing, Real estate, and Entrepreneurship. This September, we’re running four weeks of episodes focusing on each of these four pillars. Each episode is curated from the best interviews out of the 335+ episodes within our archives. Today, we kick off with an episode focused on financial psychology.

HR 109

HR Design 109

Housing Wire

SEPTEMBER 10, 2021

Orchard , which operates a home-buying and selling platform, announced it has raised $100 million in Series D funding at over a $1 billion valuation. Accomplice led the round with participation from repeat Orchard investors FirstMark , Revolution Growth , First American , Juxtapose and a syndicate of new investors. Last year, the company completed a $69 million series C funding round.

Lending 399

Lending Title Investor Equity 399

RIS Media

SEPTEMBER 9, 2021

The first 100 days of any new venture, especially a real estate career, can say a lot about the result. These early days lay the groundwork for what’s to come—and can even predict ultimate success or failure. As a new agent, what you do in the first 100 days will make or break your business. Real estate is the greatest business in the world, but it’s not always easy.

Agents 104

Agents Industrial Design As-is 104

BubbleInfo

SEPTEMBER 9, 2021

The YoY change in the San Diego Case-Shiller Index in June was 31% higher than the national 10-city index. If we apply the same 31% to next year’s national forecast of roughly +5%, the San Diego home-appreciation rate in 2022 should be around 6.55% – though, if you ask me, it will more likely be […].

Marketing 105

Marketing 105

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

Sotheby's International Real Estate

SEPTEMBER 9, 2021

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Atlanta, Georgia | Allen Snow, Atlanta Fine Homes Sotheby’s International Realty . The Moderns, located in Atlanta’s burgeoning Memorial corridor, is a community of 62 sleek, modern townhomes designed by TSW Architects.

Development 104

Development Construction Design 104

Housing Wire

SEPTEMBER 8, 2021

The Office of the Comptroller of Currency announced today that it is moving to gut the controversial Community Reinvestment Act (CRA) rule issued in 2020. Instead, the agency is proposing to replace the federal anti-redlining rule with rules adopted jointly by the OCC, Federal Deposit Insurance Corporation , and the Board of Governors of the Federal Reserve System in 1995.

Banks 386

Banks Lending Mortgages Development 386

RIS Media

SEPTEMBER 8, 2021

Far from an apocalypse of the living dead, the U.S. actually saw a decrease in so-called “zombie foreclosures,” which dropped this quarter after rising through much of the pandemic—though the “dawn of the dead” could still be around the corner as federal protections for struggling homeowners recently expired. The new report from ATTOM Data Solutions found only one out of every 13,060 properties currently qualify as “zombie foreclosures,” which are homes that have been vacated and foreclosed on.

Banks 103

Banks Loans As-is Marketing 103

BubbleInfo

SEPTEMBER 10, 2021

Great thoughts from Ryan at www.sacramentoappraisalblog.com: Now let’s talk about slowing. I’ve had a number of emails lately critiquing my use of the word “slowing,” so I wanted to talk about this openly. I hope that’s cool. If this isn’t your thing, just scroll down. By the way, I’m always good with constructive critique too. […].

Marketing 105

Marketing Construction 105

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