Keeping Current Matters

APRIL 7, 2022

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

Marketing 246

Marketing 246

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 395

Mortgages Industrial Investor Development 395

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.

Residential 112

Residential Construction 112

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 384

Mortgages Fixed-rate mortgage Loans Banks 384

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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 105

Sales 105

Housing Wire

APRIL 7, 2022

Nima Ghamsari, CEO and founder of mortgage fintech Blend Labs. Blend Labs CEO Nima Ghamsari is a betting man. In his early 20s, he bet that online poker could cover his tuition at Stanford and then some. He was right. In 2008, as the financial crisis was unfolding, he landed a job at secretive big data startup Palantir , where he learned that the $10 trillion mortgage industry was still in the Stone Age technologically.

Mortgages 375

Mortgages Title Technology Loans 375

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.

Loans 364

Loans Sales Due diligence Principal 364

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 99

Mortgages 99

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.

Title 361

Title Technology Closing Industrial 361

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 98

Marketing Mortgages Sales Industrial 98

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

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 356

Mortgages Lending Loans Industrial 356

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

Development 98

Development Agents Industrial As-is 98

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 95

Design 95

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

Industrial 97

Industrial Brokerage Design MLS 97

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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

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 86

Renovation 86

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 97

Branding Sales Industrial Agents 97

Realty Biz

APRIL 7, 2022

If you’re looking for a way to reach your financial goals, house hacking may be the answer. By definition, house hacking is when you live in a part of your investment property and rent out the other units to cover expenses. While it sounds simple in theory, there are a few things to keep in mind if you want to succeed at house hacking. This blog post will give you an overview of how to get started with this versatile way to invest in real estate and what you need to do to make it work for

Equity 86

Equity As-is Mortgages Marketing 86

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 96

Marketing Residential As-is Industrial 96

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

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 86

Construction Residential As-is 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 94

Agents Brokerage Technology Principal 94

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 80

Agents Marketing As-is 80

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 94

Mortgages Fixed-rate mortgage Banks Investor 94

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

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.

79

79

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 91

Banks Development As-is Mortgages 91

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

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 91

Mortgages Lending Loans Technology 91

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Agents

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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97

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 88

Agents Equity Development As-is 88

REM Online

APRIL 7, 2022

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Understanding the consumer decision process. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The goal of any good promoter or sales representative is to persuade the consumer to choose their product or service.

Sales 66

Sales Marketing 66

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 83

MLS Development Agents Industrial 83

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales