Keeping Current Matters

APRIL 7, 2022

Many consumers are wondering what will happen with home values over the next few years.

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Marketing 277

Housing Wire

APRIL 7, 2022

Better.com CEO Vishal Garg. After becoming the poster child for callous mass layoffs, mortgage originator Better.com has adopted a new approach to reducing its workforce: the company is now asking staff if they want to leave voluntarily with benefits. The New-York based lender, which has laid off 4,000 workers since December, launched a voluntary separation program, with a two-month severance payment and health insurance for those who leave their jobs, according to an email sent on Wednesday aft

Mortgages 418

Mortgages Industrial Investor Development 418

Eye on Housing

APRIL 7, 2022

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in February after an increase of 1.1% in January. Spending stood at a seasonally adjusted annual rate of $850.6 billion. Total private residential construction spending was 16.6% higher than a year ago. These monthly gains are attributed to the strong growth of spending on.

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Residential Construction 116

Housing Wire

APRIL 7, 2022

Purchase mortgage rates have risen faster in the last three months than at any time since May 1994, climbing ever closer to the 5% mark due to a combination of rising inflation , the war in Ukraine, and disruptions to the supply chain. And bad news for homebuyers: there’s no sign that they’ll fall anytime soon. The latest weekly Freddie Mac PMMS mortgage survey, released Thursday, showed that the average purchase mortgage rate touched 4.72%, up five basis points from the week prior.

Mortgages 397

Mortgages Fixed-rate mortgage Loans Residential 397

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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The Mortgage Report

APRIL 7, 2022

Today’s mortgage and refinance rates Average mortgage rates rose moderately yesterday. A sharper increase had looked likely earlier that day but sentiment changed during the afternoon. Still, they’re now perilously […].

Mortgages 111

Mortgages 111

Housing Wire

APRIL 7, 2022

Fannie Mae is marketing its 25th sale of reperforming loans since its first offering six years ago and its second sale so far in 2022. The offering is comprised of 7,600 mortgages with total unpaid principal balance of $1.49 billion. The sale of reperforming loans (RPLs) is being marketed in collaboration with Citigroup Global Markets , with bids due by May 3, 2022.

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Loans Sales Due diligence Principal 370

Housing Wire

APRIL 7, 2022

Remote Online Notarization is a hot topic in the real estate title industry for good reason. An ALTA Vendor Survey showed that RON transactions increased by 547% from 2019 to 2020. While the pandemic thrust RON into the mainstream of the industry, many are still wondering how the technology can benefit them and the closing process going forward. Even those who want to buy in are wondering where to start.

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Title Technology Closing Industrial 370

Brownstoner

APRIL 7, 2022

This year marks the 200th anniversary of the birth of landscape design great Frederick Law Olmsted, and the Prospect Park Alliance is celebrating his legacy with a mix of in-person and virtual events this spring. The talks, tours and exhibits are all in partnership with Olmsted 200, a nationwide collaboration organized… Read More > The post Celebrate Landscape Architect Frederick Law Olmsted With a Series of Prospect Park Events appeared first on Brownstoner.

Design 105

Design 105

Housing Wire

APRIL 7, 2022

Mortgage credit availability dropped in March, a sign that lenders tightened credit standards amid insufficient inventory of homes for sale and rising mortgage rates. The monthly Mortgage Credit Availability Index fell by 0.7% to 125.1 last month, according to the Mortgage Bankers Association. A decline of the index, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase suggests loosening credit.

Mortgages 370

Mortgages Lending Loans Industrial 370

RIS Media

APRIL 7, 2022

Realogy Holdings Corp. has announced it was named one of LinkedIn’s Top Companies in 2022 for setting a foundation for professional growth and demonstrating a continued commitment to attracting and retaining exceptional talent. The list features just 50 leading companies across America who focus on creating an enriching environment for employees to build their career, a release from the company stated. “I am incredibly proud that Realogy has again been recognized by LinkedIn as one o

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Development Agents Industrial As-is 98

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Brownstoner

APRIL 7, 2022

When it was built in the mid-19th century, this four-story row house was an elegant one-family dwelling. As time went on, it was chopped up into apartments and denuded of nearly all historic detail, inside and out. New homeowners hired The Brooklyn Studio to reverse the degradation and restore the… Read More > The post The Insider: Cobble Hill Italianate Regains Original Polish in Painstaking High-End Reno appeared first on Brownstoner.

Renovation 98

Renovation 98

RIS Media

APRIL 7, 2022

A brief filed by the National Association of REALTORS® (NAR) with the Supreme Court and co-signed by a variety of other housing industry heavyweights is warning that a recent decision by a federal circuit court could have dire ramifications for both consumers and anyone involved in listing or appraising homes. The court case in question involves the copyright of floor plans, with 8th Circuit Judge Morris Arnold ruling last August that drawings or representations—even those created by a homeowner

Design 98

Design Industrial Brokerage MLS 98

Brownstoner

APRIL 7, 2022

In the News Here’s How Slowly New York City Is Moving on Electric Vehicles [NYT] BQE Encampment May Be Gone, But Unhoused Residents Stick Around [amNY] Clean Energy Grids Come to Brooklyn to Prevent Blackouts [BK Reader] Greenpoint’s Newest Superfund Site Is Very Residential [Curbed] Pedestrians Injured as Car Crashes Into Crown Heights Building [Gothamist] Brooklyn… Read More > The post Daily Links: Construction Begins on Resilient Energy Facility in East Williamsburg appeared first o

Construction 98

Construction Residential As-is 98

RIS Media

APRIL 7, 2022

Berkshire Hathaway HomeServices has announced that Gulf Harbour Properties, LLC has joined BHHS Florida Realty. This transaction expands BHHS Florida Realty’s Lee County presence and adds Gulf Harbour’s REALTORS® including the Broker/Owners, Greg and Jo Callaway, and staff to the statewide company. Terms of the deal were not disclosed. “The impressive status and sound integrity of Gulf Harbour Properties including their emphasis on providing outstanding customer service are in perfect alignment

Branding 98

Branding Sales Industrial Agents 98

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

Brownstoner

APRIL 7, 2022

The city on Tuesday released the findings from this year’s “NYC Speaks” survey, detailing both the citywide priorities of a broad spectrum of New Yorkers and the community-level concerns of Brooklynites. The findings come after six months of community engagement, including a broad-based online survey answered by over 43,000 New Yorkers,… Read More > The post Brooklynites ID Priorities for the Borough in ‘NYC Speaks’ Survey appeared first on Brownstoner.

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RIS Media

APRIL 7, 2022

As the price tags for homes and mortgage rates climb, the housing affordability crisis has reached levels not seen in more than a decade, according to ATTOM’s first-quarter 2022 U.S. Home Affordability Report. The April 7 report showed that the average price for single-family homes was less affordable in 79% of counties nationwide in the first three months of the year.

Debt-to-income ratio 98

Debt-to-income ratio Marketing Mortgages Loans 98

Realty Biz

APRIL 7, 2022

The spring home buying season is getting into full swing but many thousands of aspiring home buyers have unfortunately found themselves priced out of the market. With scant home listings available, rising prices, interest rates on the up and bidding wars still commonplace, it’s no wonder many feel like they’re unable to compete. Still, housing market analysts say they’re optimistic that people in that situation will soon get a reprieve and a possible way into the market as conditions change.

Marketing 97

Marketing Mortgages Sales Industrial 97

RIS Media

APRIL 7, 2022

The Institute’s Luxury Market Report is your guide to an analysis of the trends and comparative data on the top-residential markets throughout Canada and the United States. March’s report reviews the current statistics for the luxury market in North America month over month and the 13-month trend. Over the last 18 months, the real estate market has been a hot topic, with luxury properties being the focus of many a news bulletin.

Marketing 98

Marketing Residential As-is Industrial 98

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

BubbleInfo

APRIL 7, 2022

Let’s take a look at the covid history of one of our frenzy measuring sticks: NSDCC Sales-Price-to-List-Price Ratio: Month # of Sales Median List Price Median Sales Price SP:LP Ratio March 2020 206 $1,492,500 $1,445,000 96.8% Apr 156 $1,424,499 $1,390,000 97.6% May 143 $1,399,900 $1,395,000 99.6% Jun 274 $1,362,500 $1,363,700 100% Jul 351 $1,450,000 $1,423,350 […].

Sales 86

Sales 86

RIS Media

APRIL 7, 2022

Nick Firios. Principal Broker. United Real Estate | Preferred. Lake Mary, Florida. www.UnitedRealEstatePreferred.com. Region served: Central Florida. Years in real estate: 20. Number of offices: 1. Number of agents: 100. Tell us about how you got into real estate and how you transitioned to a broker. . I got into real estate in 2002 with an interest to flip properties while working full-time as an advertising sales rep.

Agents 98

Agents Brokerage Technology Principal 98

Tom Ferry

APRIL 7, 2022

If you’ve been keeping up with This Week in Marketing (which you should be!), you’ll remember that a few weeks ago, Jason Pantana talked about Pinterest as one of the best underutilized marketing channels for real estate agents. As Jason said, it’s not exactly social media or a search engine – Pinterest is a discovery […]. The post The Power of Pinterest for Real Estate Agents: 8 Tips to Get Started appeared first on Tom Ferry.

Agents 84

Agents Marketing As-is 84

RIS Media

APRIL 7, 2022

Coming into 2022, experts predicted we could see interest rates reach upwards of 4%. That number was already eclipsed and now rates are quickly on the rise towards 5%, according to the latest Freddie Mac Primary Mortgage Survey (PMMS), released this week. Key findings: 30-year-fixed-rate mortgages averaged 4.72% with an average 0.8 point for the week ending April 7, 2022.

Mortgages 98

Mortgages Fixed-rate mortgage Banks Finance 98

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Realty Biz

APRIL 7, 2022

Cottage announced on Wednesday it closed on $15 million in a Series A funding round. According to the press release , Fifth Wall led the round, and among the investors, there were 1Sharpe Ventures, DivcoWest, Susa Ventures, and Base10 Partners. Cottage is a San Francisco-based startup that unites homeowners and contractors to build ADUs – accessory dwelling units located on the same lot as a stand-alone house.

Closing 83

Closing Residential Land Design 83

RIS Media

APRIL 7, 2022

When discussing the issue of racial income and wealth inequality as it relates to the U.S. housing market, Housing & Urban Development (HUD) Secretary, Marcia Fudge recently noted that the homeownership gap between Black and white households has actually increased in the U.S. since landmark Civil Rights victories in the late 1960s. Today experts say the COVID-19 pandemic has only further exacerbated the issue.

Banks 98

Banks Development As-is Mortgages 98

Real Trends

APRIL 7, 2022

Artificial intelligence is becoming a must-have technology for real estate professionals in today’s market. Finding listings is like finding a needle in a haystack. TKI , a software development company, now has a quarterly “Selling Persona Report” that showcases which home selling sectors may be most active in the next 6-12 months. The AI-powered predictive analytics platform, called nSkope , predicts that families with school-aged children will make up more than 20% of U.S. home sales in

Technology 78

Technology Sales Development As-is 78

RIS Media

APRIL 7, 2022

Mortgage credit availability decreased in March according to the latest Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. Key findings: The MCAI fell by 0.7% to 125.1 in March. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.

Mortgages 98

Mortgages Lending Loans Technology 98

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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.

Sales

RISMedia

APRIL 7, 2022

By Brooke Chaplan Both the intense summer heat and the frigid winter air will often target your house. While it may seem hopeless to defend your home from the fluctuating weather conditions, doing so will help you minimize your energy bill. Below are several tips to keep your home comfortable regardless of the external temperature. […]. The post Keeping Up With Your Home’s Temperature No Matter the Weather appeared first on RISMedia's Housecall.

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RIS Media

APRIL 7, 2022

Berkshire Hathaway HomeServices Nevada Properties has announced that sales executive Scott Emerson has been named president of the Las Vegas Chapter of the LGBTQ+ Real Estate Alliance. “We are pleased to support Scott in his pursuit towards expanding diversity and equality efforts within our local real estate community,” said Gordon Miles, president and COO of BHHS Nevada Properties.

Agents 98

Agents Equity Development As-is 98

Sotheby's International Real Estate

APRIL 7, 2022

Shutterstock. To own a spacious property anywhere in the densely-packed boroughs of New York City is a feat; to own an authentic brownstone is a true New York achievement. These buildings are iconic landmarks that preserve the social, cultural, artistic, and architectural heritage of the city, and in doing so, they’re inimitable. Some people may use “brownstone” as a shorthand for any of the city’s historic townhouses or row houses, but the term has its roots in a very particular style.

As-is 71

As-is 71

RIS Media

APRIL 7, 2022

Al Becker, president and COO of Jack Conway, a LeadingRE member, was recently elected to the Board of Directors of the MLS Property Information Network (MLS PIN), a multi-state multiple listing service with a subscriber base of nearly 40,000 licensed real estate professionals, the company has announced. Becker, who has been with the company for 15 years most recently as executive vice president/COO, has provided leadership that has contributed to recent year-over-year breaking sales records, the

MLS 98

MLS Development Agents Industrial 98

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