Thu.May 12, 2022

Almost 45% of homeowners are now equity rich

Housing Wire

Soaring home prices continue to serve existing homeowners, with nearly 45% of all property owners now considered equity rich, a year-over-year jump that boosted 13% more homeowners into the prime position.

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What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

Keeping Current Matters

While you may have seen recent stories about the volume of foreclosures today, context is important. Distressed Properties Foreclosures Housing Market Updates Content Hub

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Blend: We plan to outperform the decline in origination volume

Housing Wire

Blend Labs reported a $73.5 million loss in the first quarter, but pointed to the performance of its mortgage banking and title sectors as a positive sign for the rest of the year. The company’s revenue rose to $71.5 million, up 124% year over year, driven by $38.7

Banks 314

Building Materials Prices Move Higher, Up 19% Year-over-Year

Eyes on Housing

According to the latest Producer Price Index (PPI) report released today by the Bureau of Labor Statistics, the prices of goods used in residential construction ex-energy (not seasonally adjusted) climbed 0.5% in April, following upwardly revised increases of 1.9% and 2.4%

Kick-Off Your Summer With Never-Ending Prospects

Speaker: Kevin Smullin, Founder, 2Q Lead Generation Strategies

In this webinar, Kevin Smullen will demonstrate a methodology that will help you create a pipeline with continuous prospects.

Pros and cons of buying out-of-state rental property in 2022

Housing Wire

Not everyone can afford to invest in rental property in the area they live in. In some regions, housing prices are so high that it may be difficult to add to your real estate portfolio.

More Trending

MSR sales played a key role in nonbank profits in Q1

Housing Wire

An ebullient m ark et for mortgage-servicing rights (MSRs) helped to buoy the profitability of at least three major nonbank lenders that are publicly traded and abated losses for a fourth, based on their recently announced first-quarter financial results. Those lenders are UWM Holdings Corp.,

The Slow Unwind

BubbleInfo

Even though real estate is local, the homebuyer psychology tends to be similar across the country – mostly because people are people, and have similar reactions to every variable. When they see mortgage rates go from 3% to 5.5%

Purchase mortgage rates increase to 5.30%

Housing Wire

Purchase mortgage rates this week averaged 5.30%, up three basis points from a week ago , causing homeowners’ monthly payments to increase by about one-third year-over-year, according to the latest Freddie Mac PMMS.

15 Descriptive Words to Use When Selling a Luxury Home

RIS Media

As a luxury real estate professional, you know that even the most incredible homes don’t sell themselves. Many components go into the listing, marketing, and selling of a property in the luxury market, such as furniture staging, adequate lighting, and high-quality photos and videos.

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

Homepoint profits $12M in Q1 after selling operations and assets

Housing Wire

Home Point Capital , the parent company of wholesale lender Homepoint , continues to turn profits based on the selling of operations and assets as management adjusts the company to the shrinking mortgage market.

Coldwell Banker CEO Speaks at 2022 LGBTQ+ Housing Policy Symposium

RIS Media

Coldwell Banker CEO M. Ryan Gorman took to the stage at the 2022 LGBTQ+ Housing Policy Symposium , where he received a standing ovation for his panel on supporting those who lead by example in serving the underserved.

Opinion: Is the lending market overcorrecting toward tech? Maybe

Housing Wire

Rates are rising. Refinances are falling. Inventory is contracting. Application fallouts are worsening. It’s getting harder out there.

Realogy’s Name Change Matters Not At All

Notorious ROB

Just a fun little observation about a fun little piece of news making its rounds in the real estate space. Realogy, the real estate conglomerate, is changing its name to Anywhere Real Estate, Inc. Yes, I’ve already heard the jokes about how this logo is like WalMart and FedEx had a baby.

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

The Four Pillars of Risk Management for Top Real Estate Pros in Hot Markets

RIS Media

Even when you think you’ve done everything right, things can still go wrong. In this breakneck market, everything moves faster than normal. Despite your best efforts, this can open you up to complaints and lawsuits, which can hurt your reputation and income.

Arkansas First-Time Home Buyer: 2022 Programs and Grants

The Mortgage Report

Everything you need to know as an Arkansas first-time home buyer, from home prices to loan options and down payment assistance grants.

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How Important Is Your Real Estate Database

Realty Biz

Real estate agents have no end of tools they can use to help manage their business. One of them is your database, but how powerful a tool is it, really? The truth may surprise you. Here’s why maintaining a real estate database is so crucial to the success of your real estate career.

Using DiSC Profiles to Boost Your Conversion Skills

Tom Ferry

Since the dawn of civilization (I love when I get to start off like that), whenever people have talked about homes, they were talking about people. Real estate is a people business, maybe more so than any other type of sales.

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The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

U.S. Foreclosure Activity in April 2022 Declines Slightly

RIS Media

There were a total of 30,674 U.S. properties with foreclosure filings last month—default notices, scheduled auctions or bank repossessions—down 8% from a month ago but up 160% from a year ago, according to ATTOM’s April 2022 U.S. Foreclosure Market Report , released this week.

Americans fear inflation will stop them from achieving homeownership

Realty Biz

With inflation running at a 40 year high and the cost of everyday living and goods on the rise, it’s perhaps not surprising to learn that Americans have become increasingly concerned.

Handheld Business Growth: There’s an App for That

RIS Media

Mobile-based technology has helped streamline virtually every aspect of real estate for both the agent and customer. Whether it’s searching for a home or setting up a time to chat with a prospective client, there’s an app-based solution for every part of the homebuying or selling process.

Mortgage and refinance rates today, May 12, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates just inched higher yesterday. That counts as a win after inflation data that morning came in hotter than expected. Mortgage rates today […]. Mortgage Rates Now

#Trending: How to Leverage Instagram’s Algorithm to Build Your Pipeline

Speaker: Eric Simon, Founder of The Broke Agent Media | Matt Lionetti, Real Estate Salesperson at The Agency

In this session, The Broke Agent and Matt Lionetti will break down the strategies they utilize to grow their Instagram accounts to over 360,000 and 40,000 followers. They will also discuss vertical video, podcasting, and the importance of producing consistent content!

Spend Less on Client Acquisition, Boost Loyalty and Referrals

RIS Media

The real estate industry spends way too much money finding new clients. Approximately 20% of all marketing dollars go toward adding new clients, only to lose them as they leave the closing table.

Top Agents in the Flint/Saginaw Region of Michigan

Realty Biz

This week our Top Rated Agents series focuses on the Flint/Saginaw, Michigan area.

Weichert Real Estate Affiliates Hold Leadership Academy for New Franchisees

RIS Media

Weichert Real Estate Affiliates, Inc. held its April Leadership Academy for new franchise managers from April 4 to April 8, the company has announced. There were more than 30 attendees from 14 states, including California, Montana, Rhode Island, Ohio and Georgia.

Canada’s Real Estate Bubble Is So Big A $91k Price Drop Only Wipes Out 3 Months

Better Dwelling

Just how big is Canada’s real estate bubble? Canadians, especially in the real estate industry, are already warning rate hikes are damaging the economy. While large price drops sound scary, no one had realized how scary large price gains had become.

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!