Mon.Oct 04, 2021

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What Do Property Encroachments Mean?

Realty Biz

Have you heard about encroachments in real estate and wondered what exactly that meant? You might think that you’ve found your perfect home, but a dispute with your neighbors can ruin the dream. Neighbor problems can occur for many reasons, but one source of problems can be encroachments. Perhaps you have a neighbor that either doesn’t realize or care that something they own is infringing on your lot.

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When will mortgage rates get over 4%?

Housing Wire

In several previous articles I have opined that an increase in mortgage rates may be our only hope for slowing the escalation of home prices that we’ve been experiencing for the past year. With mortgage rates hitting above 3% last week for the first time since June, it’s a good time to revisit this conversation and what we should expect next for mortgage rates.

Mortgages 527
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People Are Fleeing Ontario For A Better Quality of Life In Atlantic Canada: RBC

Better Dwelling

Canada’s biggest bank found more people are trading life in the big city for Atlantic living. RBC economist Carrie Freestone crunched the numbers of interprovincial migration for Q2 2021. She found prime demographics are finding their way to Atlantic Canada. The migration was mostly from expensive provinces like Ontario and Alberta. Atlantic Canada Just Saw […].

Banks 145
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Realtors still get most of their leads from Facebook

Housing Wire

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. The most popular social media app among the random sample of Realtors surveyed was Facebook , with 90% of respondents reporting they used the app, followed by Instagram at 52% and LinkedIn at 48%.

MLS 473
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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A Wakeup Call for Famous Agents Asleep On Instagram

Realty Biz

A couple of years ago I spotlighted a dime’s worth of top agencies/agents using Instagram. Today, I thought it would be interesting to see how those past stars have either progressed or flopped in their social media marketing efforts. This will be fun for some, and a wakeup call for a few agents who had a shot at social media marketing success, but just blew it. .

Agents 112
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GSE forbearance rate now at just 1.38%

Housing Wire

Servicers’ forbearance portfolio volume declined at a faster pace last week, as mortgage holders exit COVID-19 plans, according to the Mortgage Bankers Association (MBA). And exits are expected to pick up the pace even more over the next few weeks. The total number of loans in forbearance decreased by seven basis points to 2.89% as of Sept. 26. In the previous week, the rate dropped four basis points to 2.96%, hitting pre-pandemic levels.

Loans 441

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Still many refi opportunities out there, new report claims

Housing Wire

There is still ample opportunity in the market for lenders to rope in refi business, according to a quarterly report published Monday by Sales Boomerang. And the reason for this is two-fold. The report – which is compiled using data sourced from more than 150 residential mortgage lenders – found that one in 12 borrowers saw “significant home equity growth” in the third quarter.

Equity 421
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11 Ways to Get Your Home Ready to Sell

Realty Biz

We’re in a historically hot real estate market right now, so it’s a great time to be a seller. Maybe you want to move to a warmer climate, or maybe you want to upgrade your investments — but you shouldn’t have much trouble finding a buyer, even if you’re selling a dilapidated property. But just because you could sell your home with no effort , doesn’t mean you should sell your home with no effort.

Staging 109
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Market for MSRs revs up as year-end approaches

Housing Wire

The secondary market for mortgage servicing rights, or MSRs, has been heating up recently as interest rates tick up, increasing the value of MSR assets, and as other revenue streams for lenders begin to slow — such as loan refinancing. It’s also the time of year that many nondepository lenders, also called nonbanks, typically will look to sell off some of the MSR assets on their books to bolster liquidity for future endeavors.

Marketing 384
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New mortgage proposed for low-income, first-time homebuyers

The Mortgage Report

A new bill in Congress aims to provide a hugely valuable boost to low-income first-time homebuyers. Find out if you might benefit.

Mortgages 131
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Increase Email Engagement Through Visual Storytelling

Jason Fox

Increase Email Engagement Through Visual Storytelling. Email marketing is all about building relationships with your subscribers. Once the interaction stops - especially with your real estate leads - everything falls apart, no matter how big your email list is. In fact, low or non-existent engagement can take place even if you're still actively sending them emails.

Marketing 106
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Inventory Watch

BubbleInfo

There is nothing normal about the number of homes for sale today: Date # of NSDCC Active Listings # of Pendings Oct 8, 2018 999 307 Oct 7, 2019 964 305 Oct 5, 2020 619 462 Oct 4, 2021 301 276 We have almost the same number of pendings as we did when there were […].

Sales 105
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Costly Mistakes When Selling a House and How To Avoid Them

Agent Drive

Selling a house can be one of the most stressful things you will ever do. It’s not just about selling your house but also getting it ready to sell and finding potential buyers who are willing to pay top dollar for what you have to offer. Many mistakes can be made along this process, costing […]. The post Costly Mistakes When Selling a House and How To Avoid Them appeared first on AgentDrive.

Marketing 105
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Zillow Forecast By Area

BubbleInfo

Here are the latest guesses from Zillow that they’ve sent me over the last month. They agree with me that next year will be rip-roaring! In parentheses are the percentage increases for the last year: NW Carlsbad 92008 (+28%) SE Carlsbad 92009 (+30%) NE Carlsbad 92010 (+28%) SW Carlsbad 92011 (+28%) Carmel Valley 92130 (+26%) […].

Marketing 104
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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New & Notable Luxury Homes For Sale Over $16m | October 2021

Sotheby's International Real Estate

From an equestrian compound in Ridgefield, Connecticut to timeless Georgian estate in England, these are this month’s four featured notable properties for sale over $16 million. Ridgefield, Connecticut | Krissy Blake, Sotheby’s International Realty – Greenwich Brokerage. Double H Farm is an extraordinary one of a kind equestrian compound on 87 acres of lush landscaping.

Sales 103
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Strength and Savvy Keep John L. Scott Legacy Going Strong

RIS Media

J. Lennox Scott shares how a steadfast commitment to excellence has powered John L. Scott Real Estate for 90 years . Seattle in the 1930s was a youthful city on Puget Sound on the western edge of the nation—a friendly city with tree-lined streets, a burgeoning city center, and 350,000 hard-working residents largely connected to the lumber and fishing industries.

Brokerage 103
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Mortgage and refinance rates today, Oct. 4, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell again last Friday. But we’re only back to rises and falls more or less canceling each other out. And it’s too […].

Mortgages 102
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The Final Walkthrough Before Closing: Checklist and Tips

RIS Media

(TNS)—As you prepare to finalize a home purchase, there’s an important step to take before the closing: the final walkthrough. This personal inspection helps ensure that the home you committed to on paper is in relatively identical condition to when you first visited, and that the seller is compliant with the terms of your real estate contract. What Is the Final Walkthrough Before Closing?

Closing 103
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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How Functional Obsolescence in Real Estate Impacts Home Values

Maximum Exposure Real Estate

Being functionally obsolete can happen in all walks of life. A few examples would be a payphone, a heavy-tube television, and a cassette tape. At one time these things were useful but now have been replaced by better new technology. Their economic life has come to an end. If you are considering investing in property, […]. The post How Functional Obsolescence in Real Estate Impacts Home Values appeared first on Massachusetts Real Estate Exposure.

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Condos Are Back! Here Are the Cities Where They’ve Become the Hottest Thing in Real Estate

Realtor.com

Condo and townhouse prices are exploding across the country, especially in beachfront areas or ski destinations. This is where they are rising the most. The post Condos Are Back! Here Are the Cities Where They’ve Become the Hottest Thing in Real Estate appeared first on Real Estate News & Insights | realtor.com®.

Sales 106
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How Anthony Lamacchia Turned a Vision Into Reality

RIS Media

Lamacchia. This month, we had the opportunity to sit down with Anthony Lamacchia—CEO of Lamacchia Companies and broker/owner of Lamacchia Realty—to learn about what motivates him to continue pushing forward and why agents and brokers need to do a better job of paying attention to the market. Paige Tepping: Tell me a little bit about your history in the industry and what you’ve done to get where you are today.

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Green-Wood Cemetery Tries Sleeker, More Subdued Design for Modern Visitor Center

Brownstoner

While the restoration of Green-Wood Cemetery's historic Weir Greenhouse got a thumbs up from the Landmarks Preservation Commission in 2015, a plan for a new, modern visitor's center, designed by architecture firm Page Ayres Cowley, was not approved. Now Green-Wood is set to go before the LPC Tuesday with a… Read More > The post Green-Wood Cemetery Tries Sleeker, More Subdued Design for Modern Visitor Center appeared first on Brownstoner.

Design 98
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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It’s Always the Right Time for Right Tools, Right Now

RIS Media

Created to support REALTORS® through difficult times, Right Tools, Right Now (RTRN) is now a permanent program of the National Association of REALTORS® (NAR) and a significant member benefit. Each month, RTRN provides members the opportunity to save on products, services and resources that are carefully vetted to provide value for agents and their businesses.

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Readers Return for a Sunny in-Person Brooklyn Book Festival (Photos)

Brownstoner

Summer weather reemerged for a hot and sunny day at the Brooklyn Book Festival on Sunday. Vendors, publishers, authors and readers gathered in person in Columbus Park for the festival for the first time since 2019. Proof of vaccination wrist bands for author events were a new addition and masks… Read More > The post Readers Return for a Sunny in-Person Brooklyn Book Festival (Photos) appeared first on Brownstoner.

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Could the Race to Space Create New Housing Opportunities?

RIS Media

What do outer space and real estate have in common? These days, more than you’d think. With billionaires like Richard Branson, Elon Musk and now Jeff Bezos taking an interest in space travel, space tech companies like SpaceX and Blue Origin are taking notice—and according to the National Association of REALTORS® (NAR), they and other private aerospace companies will likely expand to accommodate the budding interest in private rides to space.

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Pumpkin Patches And Fall Activities

Waterfront Properties

Fall has officially begun which means its officially pumpkin patch season. Halloween is still a few weeks away to pick out the perfect costume to go trick o’ treating but local pumpkin patches are open now for you to grab a perfect round bright orange or white pumpkin to celebrate Fall. Here is a list of some of the best Pumpkin Patches in our area.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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HGTV Urban Oasis 2021 Giveaway Open for Entries

RIS Media

Beginning at 9 a.m. Oct. 1, 2021, through 5 p.m. ET on Mon., Nov. 22, 2021, fans can enter for their chance to win the HGTV Urban Oasis® 2021 located in Indianapolis, Indiana. The prize package, valued at over $600,000, includes the newly built, fully furnished home and $50,000 from LendingTree. Eligible entrants can enter twice per day at HGTV.com/Urban , where they can also find additional sweepstakes details and the official rules.

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5-Star Rated Float Therapy – Palm Beach Gardens

Waterfront Properties

TrueRest Float Spa located at 5360 Donald Ross Road, Suite 105, Palm Beach Gardens, in the Alton Community is a Yelp 5-Star rated float studio. Float therapy involves relaxing in an environment free of sensory input, while laying weightless in a private sea of high-density Epsom Salt solution. This allows ideal conditions for mental and physical rest and healing.

97
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Zillow Closes ShowingTime Acquisition

RIS Media

Zillow Group announced the closing of its acquisition of ShowingTime , an online scheduling platform for home showings. Under the Zillow Group umbrella, Zillow Group will adhere to ShowingTime’s existing privacy policy, and it will continue to operate as an individual brand and open platform for its existing and new clients. Zillow Group entered into a definitive agreement to acquire ShowingTime in February 2021 for $500 million.

Closing 95
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Palm Beach County Observes Pizza Month

Waterfront Properties

October is the official month of National Pizza Month. Pizza Today Magazine decided to dedicate a month to pizza and chose October. Most everyone in Palm Beach County must enjoy pizza by the number of pizza places in the county. Folks observe National Pizza Month without even knowing it by consuming various types of pizza and toppings. Modern pizza evolved from similar flatbread dishes in Naples, Italy, in the 18th or early 19th century.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.