Housing Wire

SEPTEMBER 9, 2020

Telecommuting is growing in popularity as more companies establish work-from-home protocols. With this new flexibility, nearly 2 million renter households could become homeowners , according to Zillow. Renters who are employed with a job that could be done remotely and might be priced out of their current market could afford to buy the typical starter home elsewhere in the U.S. “If remote work becomes a bona fide long-term option especially with the pandemic, that could reshape the U.S. ho

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Keeping Current Matters

SEPTEMBER 9, 2020

Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. Though it is tough to look at this as great news when millions of Americans are still without work, the number of unemployed is currently much lower than most experts had projected it would be just a few months ago.

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As-is Marketing 212

Housing Wire

SEPTEMBER 9, 2020

As the world continues to grapple with COVID-19, industry leaders are watching closely to determine long-term effects on their businesses and to understand how to best shift their priorities to ensure continued success. The mortgage industry is no exception. The pandemic has propelled every mortgage company into uncharted territory, and without quick action, many mortgage providers will be unprepared to manage what’s to come.

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Equity Mortgages Industrial Closing 443

Homes.com

SEPTEMBER 9, 2020

Looking to turn your house into a healthy haven to protect your family from COVID-19? Try these six products to transform your space. *Cover image sourced from Home Depot. The post 6 Products You Need to Keep Your Home Germ-free and Sanitized in 2020 appeared first on Homes.com.

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Agents

Housing Wire

SEPTEMBER 9, 2020

Prior to the deadline for public commentary on Tuesday, housing industry trade groups, companies and organizations responded to the Consumer Financial Protection Bureau’s proposed rulemaking for the general qualified mortgage definition and the expiration of the QM patch in January 2021. In June, the bureau released two proposals regarding the QM Patch, which allows loans sold to Fannie Mae or Freddie Mac to exceed the 43% debt-to-income ratio the Bureau had established in its Ability to Repay/Q

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Debt-to-income ratio Loans Industrial Mortgages 433

The American Genius for Real Estate

SEPTEMBER 9, 2020

(OPINION EDITORIAL) HGTV has long been a fan favorite for renovations and home searches, but is the information they portray accurate? What influence does this really have on consumers? The post 5 ‘lies’ HGTV tells viewers that impact the housing market appeared first on The American Genius Real Estate.

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Marketing Renovation 128

Realtor.com

SEPTEMBER 9, 2020

Wayne Capili for Sotheby’s International Realty | Hulton Archive/Getty Images The actress and singer Doris Day , star of “The Doris Day Show” from 1968 to 1973, was known for being an activist for animal welfare. The sunny star, who memorably sang “Que Sera Sera” in the Alfred Hitchcock film “The Man Who Knew Too Much,” died last year at the age of 97.

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Housing Wire

SEPTEMBER 9, 2020

Zillow launched its iBuying solution, Zillow Offers in its 25th market Wednesday morning: Homeowners in Jacksonville, Florida can now sell their home directly to Zillow. In early March, Zillow said it had plans to expand in Jacksonville and Oklahoma City this year. It looks like despite the pandemic, it’s still on track. The last market Zillow Offers launched in was Cincinnati on March 2, right before the pandemic caused it to pause on March 23.

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Realtor.com

SEPTEMBER 9, 2020

realtor.com Is it too soon in the season for a ghost story? The Victorian home in a small town in Massachusetts where the infamous Lizzie Borden lived after her time in jail until her death can be yours for $890,000. The legend of Lizzie Borden has gripped the town of Fall River since the gruesome ax murders of Borden’s father and stepmother in the house where they lived on Aug. 4, 1892.

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Housing Wire

SEPTEMBER 9, 2020

A partnership between Realogy Title Group and Notarize that has sought to accelerate the adoption of remote online notarizations hit a milestone in the first half of 2020. Spurred by the impact of the coronavirus, the partnership closed more than 1,600 RON transactions in the first half of 2020, a more than 200% increase over the 500 RON transactions that they closed in all of 2019, the companies told HousingWire.

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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

The Mortgage Report

SEPTEMBER 9, 2020

Learn how mortgage rates are determined, what causes lenders to offer you a higher or lower rate, and why mortgage rates rise and fall daily.

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Mortgages 124

BubbleInfo

SEPTEMBER 9, 2020

With our unemployment rate being higher than it was during the Great Recession, it would be prudent to worry about homeowners defaulting on their mortgages… except we didn’t even make this list: Those who do go into default should find their lenders being very accommodating even after the moratoriums expire… unless the homeowner has a load of […].

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Mortgages Marketing 106

Brownstoner

SEPTEMBER 9, 2020

An affordable housing lottery — although the word affordable here is questionable — has opened for 108 newly constructed units in a 30-story building at 37 Commercial Street in Greenpoint. The building’s moniker, One Blue Slip, derives from the property’s alternate addresses, which include 1 Blue Slip. It is part of… Read More > The post Affordable Housing Lottery Opens for 108 Units in Greenpoint, Starting at $2,370 a Month appeared first on Brownstoner.

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Eye on Housing

SEPTEMBER 9, 2020

After an accelerated pace of layoffs in March and April, construction hiring roared back in May, increasing the count of open jobs in July per data from the BLS Job Openings and Labor Turnover Survey (JOLTS). The rebound for construction is concentrated in the residential building sector. The pace of construction rehiring increased the open jobs rate to 4.4% in.

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Brownstoner

SEPTEMBER 9, 2020

While carriage house living might evoke visions of charming but cramped quarters, this Clinton Hill specimen offers all the curb appeal with unexpected spaciousness. That's because it's actually two carriage houses combined into one at 375 Vanderbilt Avenue in the Clinton Hill Historic District. The designation report doesn't provide any… Read More > The post Clinton Hill Romanesque Revival Carriage House With Garage, Garden Asks $4.6 Million appeared first on Brownstoner.

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Eye on Housing

SEPTEMBER 9, 2020

The latest results from the Mortgage Bankers Association’s (MBA) Weekly Application Survey for the week ending September 4 show an increase of 2.9% in the Market Composite Index from the previous week on a seasonally adjusted basis. Purchasing and refinancing activity increased from the previous week by 2.6% and 3%, respectively. MBA’s tracked contract rate of the 30-year fixed-rate mortgage.

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Fixed-rate mortgage Mortgages Marketing 103

Realtor.com

SEPTEMBER 9, 2020

realtor.com A former monastery on 22 riverfront acres is Maryland’s most expensive listing, at $24.9 million. This price is actually a steep discount from the $32 million it was listed for in 2012, when it initially came on the market. The 22,000-square-foot home on Winchester Road in Annapolis, MD, has sheltered monks, a smuggler, and now a leader in the seafood industry.

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Lending Design Banks As-is 102

HomeLight

SEPTEMBER 9, 2020

You’ve piled up a large sum of cash, and now you want to use the money to purchase a home. Buying a house with cash has plenty of benefits — for one thing, you’ll be mortgage-free, which means you won’t be beholden to a monthly mortgage payment (sounds pretty nice!). You’ll also avoid the additional expense of mortgage insurance , and you’ll save thousands (often tens of thousands) of dollars on interest; the average homeowner can easily pay over $100,000 in interest over the life of a 30 year m

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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

Realtor.com

SEPTEMBER 9, 2020

Jae Young Ju/Getty Images With cooler temperatures in the forecast and the continued threat of the coronavirus , it looks like more homeowners than ever will be staying inside this fall. And because we’ve been stuck staring at the same four walls, tackling improvement projects has become a priority, from finally organizing the garage to putting in a backyard pool.

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RIS Media

SEPTEMBER 9, 2020

The Board of Managers of the National Broker Portal, a joint venture between Broker Public Portal (BPP) and Homesnap , recently announced that Joseph “Joe” Rand of Better Homes and Gardens Real Estate (BHGRE) Rand Realty, has been named executive director of the Broker Public Portal (BPP). Rand will also remain the chief creative officer for BHGRE Rand Realty, one of the largest brokerages in the New York tri-state region according to RISMedia’s 2020 Power Broker Report ,

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Realtor.com

SEPTEMBER 9, 2020

Handout / Handout / Getty Images “Property Brothers” stars Drew and Jonathan Scott are among the most recognized home renovation experts in America. These twins have a whole bunch of ongoing HGTV shows under their tool belts, plus a number of bestselling books, a successful home furnishings line, and much more. So, assuming they weren’t born with hammers in hand, how did they get where they are today?

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Point2Homes

SEPTEMBER 9, 2020

Image: ronstik / Shutterstock.com. Whether you’ve just moved into a new home , or plan to sell your old one, you might be thinking about painting the exterior. It’s not only a great way to freshen things up, but can also help you make your home your own. But doing it right requires a little know-how, otherwise you risk making mistakes that could cost a lot to fix.

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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

Waterfront Properties

SEPTEMBER 9, 2020

Photo by Kevin C. Cox/Getty Images It was the evening before the final round of the PGA Championship and everything seemed to be aligning for Brooks Koepka to win an unprecedented third PGA Championship in a row. Brooks was just 2 shots off the lead and it appeared that the confidence was oozing. He even took a little jab at the other players he was battling at the top of the leaderboard, including Dustin Johnson.

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RIS Media

SEPTEMBER 9, 2020

House-call services are more popular than ever before, especially among luxury homeowners. If you’re looking for a new residence where you can stay at home and let the service come to you, you’ll probably want to make sure it’s equipped with a few specific features. Here are several amenities to look for in a home that allows you to take full advantage of this new trend.

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Design 96

Fancy Pants Homes

SEPTEMBER 9, 2020

Did you know that the air quality inside your own home can be more harmful than the air outside if it isn’t filtered properly? Sure, while inside you might not be exposed to passing cars, fumes or gas leaks, but the static nature of the air inside our homes (even when recirculated by the air conditioning system) makes it a potential health hazard for your family.

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RIS Media

SEPTEMBER 9, 2020

When the weather permits, everyone loves having a luxurious outdoor living area. However, once the seasons change, it’s not always possible to make use of this space. If you’re worried about being stuck inside all winter long, it might be time to make a few backyard additions that you can enjoy year-round. Here are several such features that can be put to good use from the dog days of summer to the depths of winter.

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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.

Agents

Waterfront Properties

SEPTEMBER 9, 2020

The Gardens Mall is a popular destination for those who live and visit Palm Beach County. The luxurious shopping mall features more than 1.4 million square feet of shopping, entertainment, events, and dining options. Scattered around the enclosed two-story shopping mall is more than 160 shops and restaurants with more to come. The mall features five anchor stores, Nordstrom’s Bloomingdales, Sears, Saks Fifth Avenue, and Macy’s.

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RIS Media

SEPTEMBER 9, 2020

The kitchen and bathrooms are always a good place to make upgrades when you want to add value to your home, but a few improvements to your landscaping can go a long way, as well. Doing so can simultaneously boost curb appeal and make your outdoor living space feel more scenic—and what’s not to love about that? Following are a few landscaping ideas to help transform the exterior of your property.

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Sotheby's International Real Estate

SEPTEMBER 9, 2020

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. Chalfont St. Giles, England | John Fisher , United Kingdom Sotheby’s International Realty . Chalfont Manor is a Tudor style mansion manor house estate with an outstanding specification. The property has undergone a £5 million new build refurbishment to an exceptionally high standard, involving multi-award-winning designers.

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RIS Media

SEPTEMBER 9, 2020

When the snow starts falling, there’s nothing better than having your own luxurious ski home in the mountains. It provides the perfect place to get away and enjoy the outdoors with the family all winter long. If you’re in the market for a property that makes this possible, here are a few things to look for in a ski home. Mountain Access. It probably goes without saying, but the most important factor for most buyers is proximity to the slopes.

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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