Tue.Apr 20, 2021

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Homes in Black neighborhoods undervalued by $46,000

Housing Wire

In analyzing more than 7 million homes sold between 2013 and the beginning of 2021, Redfin found homes in Black neighborhoods are undervalued by an average of $46,000 compared to homes in primarily white neighborhoods, the company said. The report accounts for the fundamental factors contributing to a home’s value, such as size, condition, neighborhood amenities and schools.

Equity 473
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82,338 Great Reasons to Buy a Home Today

Keeping Current Matters

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price Expectation Survey , a survey of over one hundred economists, real estate experts, and investment and market strategists, expects home appreciation to increase as follows: 2021: 6%. 202

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Frustrated homebuyers turn to fixer-uppers

Housing Wire

Patrick, a 25-year old tech worker, had his heart set on buying a home in the Reading, Massachusetts area, where he grew up. He wasn’t looking for a fixer-upper. That turned out to be nearly impossible as home prices in the small town north of Boston accelerated. The first house he submitted in an offer for fetched $70,000 more than the asking price, only to be flipped for another $60,000.

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Petition For Bank of Canada To Consider Home Prices and Stop QE Enters Parliament

Better Dwelling

The Government of Canada (GoC) is facing mounting pressure to do more about home prices. BC-based housing activist Raymond Wong launched an e-petition last week. The petition calls for the Bank of Canada (BoC) to consider home prices when setting rate policy. In less than a week, the petition has enough signatures to be certified […]. The post Petition For Bank of Canada To Consider Home Prices and Stop QE Enters Parliament appeared first on Better Dwelling.

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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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How good is your real estate or mortgage CRM software?

Housing Wire

In the past year, among the many challenges and difficulties brought on by the COVID-19 pandemic, the real estate and mortgage industries enjoyed a wave of success with low interest rates, refinance opportunities and etc. More recently, the buzz surrounds bidding wars due to extremely low inventory, purchase over refinance and the fluctuation of mortgage rates.

Mortgages 410
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U.S. Real Estate Markets See Mortgage Fraud Soar, and Fast Rising Prices Are A Red Flag

Better Dwelling

U.S. home prices are rising very quickly, and so is fraud to obtain mortgages to buy homes. The CoreLogic National Mortgage Application Fraud Risk Index made a big jump Q1 2021. The rapid increase of the index means more red flags are being found in the application process. Hot markets with a sudden surge in […]. The post U.S. Real Estate Markets See Mortgage Fraud Soar, and Fast Rising Prices Are A Red Flag appeared first on Better Dwelling.

Mortgages 133

More Trending

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Meet The Real Estate Tech Entrepreneur: Will Armstrong from Ivan AI

GeekEstate

This week, we interviewed Will Armstrong from Ivan AI. Without further ado… Who are you and what do you do? I’m Will Armstrong and I am the founder & CEO of Ivan AI, a property management software built on artificial intelligence and machine learning. As a former project manager, I oversee the design and development of the software to ensure peak performance and operational readiness before entering the market.

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AppraisalWorks integrates with ICE Mortgage Tech Platform

Housing Wire

Appraisal-management tech provider AppraisalWorks is now available through the ICE Mortgage Technology Platform , the company announced Tuesday. ICE Mortgage Technology, formerly known as Ellie Mae , is a cloud-based loan origination platform provider for the mortgage industry. With this integration, lenders can now order, assign, monitor, and review real estate valuations from a marketplace of AMCs and appraisers directly through the ICE platform.

Mortgages 350
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VA construction loan guide: Requirements and process

The Mortgage Report

A VA construction loan lets you buy land, build a home, and finance the mortgage with 0% down. But these loans can be hard to find. Learn more here.

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Success Follows Training, Support and the Right Business Model

RIS Media

John and Jeff Finn. Broker/Owners. United Real Estate Richmond. Richmond, Virginia. www.UnitedRealEstateRichmond.com . Region served: Greater Richmond and Virginia Beach, Virginia. Years in real estate: John, 44; Jeff, 17. Number of offices: 2, with a third opening in September. Number of agents: 240. When did you join United Real Estate? . Jan. 20, 2015 was the day we signed our agreement with United Real Estate.

Brokerage 109
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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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VA construction loan guide: Requirements and process

The Mortgage Report

A VA construction loan lets you buy land, build a home, and finance the mortgage with 0% down. But these loans can be hard to find. Learn more here.

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4 Hacks for Finding the Best Designs for Quartz Countertops

Realty Biz

Most people want the main parts of their kitchen to match and look well put together. This means your cabinets, flooring, and countertops should be within the same color scheme to keep your kitchen looking stylish and modern. . Any feature in your kitchen that is expensive and more permanent should be given a lot of thought before choosing and installing.

Design 109
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Why Hire a Professional Interior Designer? Here are 6 Top Reasons

Fancy Pants Homes

With so many home design shows and online resources available nowadays, polishing your interiors yourself has never been more accessible. Pinterest alone has about a quarter of its boards dedicated to home design, and there are so many blogs offering step-by-step instructions on how to recreate a look that all you need is a dedicated budget and the patience to follow through.

Design 105
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Celebrate Earth Day This Thursday

Waterfront Properties

April 22nd marks the annual celebration of Earth Day. More than 1 billion people in 192 countries now participate in Earth Day events and activities each year, making Earth Day the largest civic observance in the world. Everyone is invited to participate in Earth Day events and help make our climate better. The 2021 Theme for Earth Day this year is “Restore Our Earth”, which focuses on natural processes, emerging green technologies, and innovated thinking that can help restore the world’s ecosys

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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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Why Hire a Professional Interior Designer? Here are 6 Top Reasons

Fancy Pants Homes

With so many home design shows and online resources available nowadays, polishing your interiors yourself has never been more accessible. Pinterest alone has about a quarter of its boards dedicated to home design, and there are so many blogs offering step-by-step instructions on how to recreate a look that all you need is a dedicated budget and the patience to follow through.

Design 105
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Minutes of the Monetary Policy Meeting of the Reserve Bank Board

Real Estate Investar

International economic developments. Members commenced their discussion of international developments with a cross-country review of economic activity and developments in labour markets during the pandemic. A recurring theme was that Australia had fared relatively well in terms of output levels and labour market outcomes. The December quarter 2020 national accounts showed that GDP in Australia had recovered to close to pre-pandemic levels, whereas GDP was still considerably below pre-pandemic le

Banks 105
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Home Building Employment across States and Congressional Districts in 2019

Eye on Housing

According to the latest 2019 ACS, over 11 million people, including self-employed workers, worked in construction in 2019. NAHB Economics estimates that out of this total, 4.4 million people worked in residential construction, accounting for 2.8% of the US employed civilian labor force. Home building in Florida, Vermont and multiple states in the Mountain Division stand out for generating a.

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Mortgage and refinance rates today, April 20, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher again yesterday. It was the second consecutive working day of rises. But followed weeks of falls. There was very little […].

Mortgages 104
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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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Commemorate Fair Housing Month

RIS Media

NAR PULSE—Get the vetted tools your agents need to boost business from Right Tools, Right Now. In observance of Fair Housing Month, the National Association of REALTORS® (NAR) prepared special resources to reinvigorate your brokerage’s commitment to fair housing and become a strong advocate. Check out this month’s free and discounted offers here.

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Mortgage and refinance rates today, April 20, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher again yesterday. It was the second consecutive working day of rises. But followed weeks of falls. There was very little […].

Mortgages 104
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U.S. Senator Sherrod Brown and Congresswoman Angie Craig to keynote LGBTQ+ Real Estate Alliance Housing Symposium

Realty Biz

The LGBTQ+ Real Estate Alliance will hold its first LGBTQ+ Housing Symposium on April 28 and 29. The virtual event will feature U.S. Senator Sherrod Brown (Ohio) and U.S. Representative Angie Craig (Minn.) as two of nearly 40 speakers who will tackle critical LBGTQ+ and real estate industry topics such as Fair Housing, the Equality Act, LGBTQ+ homeownership rates, the housing needs of the aging LBGTQ+ community and the diversity, equity and inclusion (DEI) movement.

Banks 104
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What Is a Keyhole Garden? The Hottest Trend Since Victory Gardens, Explained

Realtor.com

K. Latham / Flickr Planting a victory garden may have been last spring’s big trend, but if you’re looking to take your gardening to the next level, try the newest craze: a keyhole garden. What is a keyhole garden? It’s a circular raised garden bed standing 2 to 3 feet tall, with a keyhole-shaped cutout on one side (hence the name).

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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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What Is a Second Mortgage and How Does It Work?

Point2Homes

Image: Inna Kot / Shutterstock.com. If you’re a homeowner looking to unlock the equity you’ve built up in your home, you might have heard about second mortgages. But, amid a wealth of other options, it’s difficult to know whether it’s the right choice for you. So, let’s see exactly what a second mortgage is, how it works and what the pros and cons are.

Mortgages 100
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Debt Collectors Looking to Evict Renters Must Notify Them of CDC Eviction Moratorium, Regulator Says

Realtor.com

John Moore/Getty Images Federal regulators are working to provide more protection to tenants who continue to face the threat of eviction amid the coronavirus pandemic. The Consumer Financial Protection Bureau issued an interim final rule on Monday that aims to provide more backing for the nationwide eviction moratorium from the Centers for Disease Control and Prevention.

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Keeping the Focus on Clients

RIS Media

Tyler Coon. Founder. Haven Homes at Fathom Realty. Asheville, North Carolina. www.discoverashevillehomesforsale.com. Region served: Asheville and the surrounding Western North Carolina market. Years in real estate: 2. Number of offices: 1. Number of agents: 4 and 2 team leads. Top tip for staying in touch with clients: We’ve transitioned to Zoom and FaceTime calls to keep in touch with our clients, show them properties as soon as they hit the market and try to give some “face time

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Why More Latinos Became Homeowners During the Pandemic

Realtor.com

Getty Images Even in a pandemic that resulted in steep job losses, economic turmoil, and a cutthroat housing market, more Hispanic buyers successfully purchased homes last year. More than 600,000 Latinos bought a home with a mortgage last year—a 13% jump from 2019, according to a recent report by the National Association of Hispanic Real Estate Professionals.

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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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Will a Part-Time Real Estate Agent Salary Be Enough for You?

McKissock

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Industry veterans may also find that working for a part-time real estate agent salary provides an alternate or transition to retirement or a way to balance work and family life.

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Brooklyn Real Estate Six Months Later: One Sold, Two in Contract, One Still Available

Brownstoner

Our look back at four of our featured listings from six months ago focuses on homes in Brooklyn Heights, Manhattan Beach and Bay Ridge. How did they fare? First up, we have a one-bedroom apartment that offers an alluring brownstone view, an appealing layout and a location steps away from the… Read More > The post Brooklyn Real Estate Six Months Later: One Sold, Two in Contract, One Still Available appeared first on Brownstoner.

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What Household Items Can and Can’t Be Recycled

Point2Homes

Image: 9dream studio / Shutterstock.com. We all want to do our part to help the planet. And we know that recycling helps reduce waste and redirects non-biodegradable items from already full landfills. But with so many different products and materials out there, it can be tricky to know what can and cannot be recycled. . While restrictions and recycling capabilities will vary in different regions, there are some common rules when it comes to recycling.

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City Planning Certifies Gowanus Rezoning, Kicking Off ULURP Process

Brownstoner

The Gowanus rezoning has officially entered the city’s ULURP process. “Today is such an important and utterly exciting day, and one that the department and Brooklyn’s Gowanus community has been working toward for years,” DCP Chair Marisa Lago said at the beginning of a City Planning public hearing Monday afternoon. The… Read More > The post City Planning Certifies Gowanus Rezoning, Kicking Off ULURP Process appeared first on Brownstoner.

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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.