Sat.Oct 01, 2022

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Another lender settles redlining accusations with DOJ

Housing Wire

The Department of Justice reached a $12 million-plus settlement with Lakeland Bank over claims the lender engaged in redlining in the Newark, New Jersey metropolitan area. The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark.

Lending 435
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Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.

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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

The real estate market has shifted, and we are in a new housing paradigm. Mortgage interest rates have risen quickly in the past few months further eroding affordability. However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. .

Marketing 418
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Top 10 Coldwell Banker Stories of the Month – September 2022

Coldwell Banker

Extra, extra! Read the top 10 news items that ran in September about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – September 2022 appeared first on Coldwell Banker Blue Matter.

Agents 111
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The 2025 Real Estate Roadmap to Success

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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Appraisers voice opinions on AMCs, appraisal delays

Housing Wire

If discrimination is committed by appraisers – as the news headlines would suggest – fellow appraisers and real estate agents say they rarely witness or experience it. A survey of appraiser members and non-appraiser members conducted by the National Association of Realtors found that only 3% of the 2,353 respondents reported witnessing or experiencing discrimination in an appraisal.

MLS 418
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NAHB Builders’ Businesses Showed Significant Growth in 2021

Eye on Housing

The business of the typical NAHB (National Association of Home Builders) builder grew significantly between 2020 and 2021, according to results from NAHB’s latest member census. The 2021 NAHB census shows that the median gross revenue of an NAHB builder in 2021 was $3.3 million, up 26.9 percent from the previous year. NAHB reinstated its member census during the industry-wide.

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How to Sell a House By Owner in Ohio: A Buckeye State FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in Ohio are eager to take over the reins of their home sale and figure out how to sell a house by owner. A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment.

MLS 111
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Homepoint hits the ‘reset’ button

Housing Wire

Willie Newman, president and CEO of wholesale lender Homepoint. Michigan-based lender Homepoint leadership effectively “reset the organization” amid the mortgage downturn, Willie Newman, the CEO and president, told HousingWire in an interview on Friday. However, the company remains fully committed to the wholesale channel, a decision made around four years ago, even with competitors exiting the space and margins sinking like a stone. “In an environment like this, there’s

Finance 418
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The Definitive Real Estate TikTok Guide

Agent Fire

Learn how to market real estate on TikTok and generate valuable leads with this comprehensive guide, complete with tips and examples. The Definitive Real Estate TikTok Guide is just one of many great real estate strategies on The Spark.

Marketing 110
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We can’t wait to see you at HW Annual Oct. 3-5

Housing Wire

The road to HousingWire Annual has been filled with a lot of excitement and strategic planning. After months of preparing and anticipation, the week is nearly here. Everyone on the HW team is so excited to see our friends and colleagues from across the industry in Scottsdale, Arizona. . This year’s HW Annual will feature dozens of industry experts and leaders from all corners of the housing ecosystem.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Luxury Real Estate Headlines: Final Week in September 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Palos Verdes Estates, California | Vista Sotheby’s International Realty. The home is majestically perched in one of the most exclusive neighborhoods in Palos Verdes Estates. Cliffside Contemporary Home Frames Los Angeles and the Coastline From Wall-to-Wall Windows – Mansion Global.

Sales 110
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The importance of loan quality debt monitoring

Housing Wire

In the mortgage industry, the time between when a hopeful borrower submits their loan application and the loan actually closing is 50 days on average, according to the Origination Insight Report by ICE Mortgage Technology. During this period, a borrower’s credit profile may change drastically. From taking on additional debt and late payments to being sent to collections, a borrower who qualified for a loan just a few months ago may no longer be eligible.

Loans 413
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These 14 States Are Facing Higher Real Estate Insurance Premiums—Is Your State On The List?

Bigger Pockets

A significant challenge for landlords is to find the right affordable insurance coverage for their rental properties. In addition to fulfilling the requirements to obtain a mortgage, landlords also want […].

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Telling A Story To A Storyteller

Toronto Realty Blog

TorontoRealtyBlog. I mentioned in an Instagram video earlier this week that I have been writing on Toronto Realty Blog for fifteen years. June of 2007, folks. That’s when this started. And some three-thousand blog posts later, the number-one question I’ve always been asked and continue to be asked is this: “How do you come up with topics to write three times per week?

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Want to Know the Easiest Way to Buy a Million-Dollar Property? Fractional Investing

Bigger Pockets

This article is presented by Arrived. Read our editorial guidelines for more information. While real estate ownership has been one of the most consistent ways to build wealth in America, it has […].

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Easy To Show

BubbleInfo

Available to realtors in the on-going market shift is the chance to elevate their game from the frenzy era. My observations don’t come from being an old veteran because we are far removed from fax machines and the one-page contract (“press hard, there are four copies”). Instead, just basic common sense can reveal changes that […].

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8 Risk Factors to Consider Before Investing in Real Estate

Realty Biz

It is said that with great risk comes great reward. All sorts of investments come with some degree of risk. And to ensure the highest success, all investors need to realize the risk versus the return rate, and so is investing in real estate. If you are thinking about investing in real estate, do not be allured by a building’s magnificent structure or great projected returns.

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Reverse Offer

BubbleInfo

The local market conditions appear to be getting worse every day, mostly because the headline writers and social-media experts are piling on now. What can listing agents do? When most agents are content to show their listings and then go wait by the phone, there are alternatives. Hat tip to our manager Steve Salinas for […].

Agents 94
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Rookie Reply: The One Mistake That Almost Got My House Foreclosed

Bigger Pockets

A rental property falling into foreclosure is a sad sign. “What happened to that landlord?” you might ask. Did a tenant do extensive damage, leaving them with a too burdensome […].

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Sam Mizrahi: A Great City Needs a Dynamic, Graceful and Inspiring Center

Realty Biz

As an admirer of architecture, Canadian developer Sam Mizrahi knows that the great cities of the past were centered around thriving urban cores. The central city was a showcase, often for the power and majesty of an empire. Its panorama was a statement for the ages, the living embodiment of a civilization’s appreciation for art, design and beauty. Great civilizations did not believe in letting central urban areas decay.

Design 88
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Finance Friday: When Rental Property Investing Doesn’t Make Sense

Bigger Pockets

Over the past two years, short-term rental investing has become a financial lifeline for those that are trying to make extra income. A small one or two-bedroom basement, garage apartment, […].

Finance 94
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5 Rules for Appraising Barndominiums

McKissock

B arndominium properties are typically found in more rural areas. They could be existing barns that were converted into homes or brand-n ew m etal pole buildings that are finished to create a residence. During the appraisal and appraisal report review processes, barndominiums require special consideration, given that they are typically unique to a subject neighborhood.

Design 85
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Embrace Frank Lloyd Wright’s Usonian Vision in Westchester County for $1.5 Million

Brownstoner

For those whose tastes run to the mid 20th century, the Usonian community in Pleasantville, N.Y., offers a feast of Frank Lloyd Wright-inspired homes nestled in a woodland setting. One of the houses, designed by an architect for his own family, is on the market and offers up an interior… Read More > The post Embrace Frank Lloyd Wright’s Usonian Vision in Westchester County for $1.5 Million appeared first on Brownstoner.

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How to Improve Insulation in Your Home After Moving In

RISMedia

By Emma Sturgis It's no secret that insulation is important. A good insulation system can help regulate the temperature in your home, making it more comfortable for you and your family. It can also save you money on your energy bills. But what if you've just moved into a new home and the insulation isn't […]. The post How to Improve Insulation in Your Home After Moving In appeared first on RISMedia's Housecall.

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Daily Links: Starting in Gowanus, NYU Builds Flood Sensing Network Across City

Brownstoner

In the News In a Reversal, New York City Tightens Admissions to Some Top Schools [NYT] Inside JJ Redick’s Gorgeous Brooklyn Penthouse Now Listed for $7 Million [NYP] 900 Apply for NYS First Licenses to Sell Recreational Pot [Eagle] NYC EDC Abruptly Evicts Beloved Red Hook Playground [The City] How a South Brooklyn Synagogue Became… Read More > The post Daily Links: Starting in Gowanus, NYU Builds Flood Sensing Network Across City appeared first on Brownstoner.

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First National Realty Partners: Invest or Avoid?

Realty Biz

Accredited investors have many different options to choose from once they decide to invest in real estate. Some opportunities are commercial; others are residential, and some may be a mixture of both property types. First National Realty Partners is a real estate private equity firm that allows accredited investors to invest in various commercial properties.

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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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A Shipshape Park Slope Brownstone and Three More to See, Starting at $2.4 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Fort Greene, Park Slope and Crown Heights. They range in price from $2.4 million to $6.125 million. In the Fort Greene Historic District, a classic Italianate brownstone has grand proportions, marble mantels, arched openings and recent updates. In… Read More > The post A Shipshape Park Slope Brownstone and Three More to See, Starting at $2.4 Million appeared first on Brownstoner.

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“Back on the market:” How agents are navigating the uptick in contract cancellations

Real Trends

Buyers – and sellers – are blowing up deals as the housing market cools. Thebe Warren has received some interesting messages in her inbox of late. “I have seen a lot of emails coming to me that say ‘back on the market,’” Warren, a Houston-based Compass agent, said. “I have not had anyone back out of a deal, but more and more buyers are clearly backing out now.”.

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Top 5 Stories on Brownstoner This Week: Kings County Nurseries to Make Way for Housing

Brownstoner

A Bed Stuy Brownstone With Original Stove and Three More to See, Starting at $1.582 Million Our picks for open houses to check out last weekend were found in Bed Stuy and Sunset Park. They range in price from $1.582 million to $2.275 million. -- Grand Carroll Gardens Brownstone Asking $13.995 Million Could… Read More > The post Top 5 Stories on Brownstoner This Week: Kings County Nurseries to Make Way for Housing appeared first on Brownstoner.

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Everything You Need to Know About Apartment Key Fobs

Redfin

Maybe you just moved into a new high rise in Philadelphia, PA or a studio apartment in Columbus, OH , and you just got your new keys. When you go to unlock your apartment, you may notice that there isn’t a hole for a key but instead, there’s a small box next to your door. Don’t worry, you haven’t been scammed. Most likely, your building is just set up to use key fobs instead of keys.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.