Fri.Sep 09, 2022

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Who will survive the fintech winter of 2022?

Housing Wire

As a financial technologist specializing in mortgage since long before “fintech” was a thing, I appreciate how tough market cycles force us to focus. For some individuals and companies, this is your first mortgage down cycle. For others, it’s just a new chapter in your journey. But one thing is certain for all of us: without technical expertise, fintech is just a buzzword, and markets like this are when we earn our place serving America’s consumers.

Mortgages 431
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A GEM/Proptech Soiree in the OC, co-hosted with Greg Robertson

GeekEstate

iOi is September 28th and 29th in downtown Los Angeles ( grab your discounted ticket here ). The evening before, in a special collaboration with the one and only Greg Robertson , the seventh GEM Soirée is taking place in Orange Country. Join us for cocktails and conversation to kick off the week of iOi! Mingle and enjoy time with real estate tech founders, execs, VCs, and practitioners.

Closing 117
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Homepoint has shed about 75% of its workforce in a year

Housing Wire

Following the latest round of layoffs, Homepoint has shrunk its workforce from about 4,000 workers in summer of 2021 to about 1,000 in fall of 2022. The wholesale lender last week laid off 913 employees, according to a review of Worker Adjustment and Retraining Notification notices filed in Arizona, Florida, Michigan and Texas. Over the last year it has also sold off large chunks of the business – including servicing to ServiceMac and delegated correspondent to Planet Home Lending – which accoun

Finance 410
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Tips for Paying your Mortgage Early

Realty Biz

Buying a house is a dream come true for many people. Still, getting a massive debt representing a significant amount prevents you from saving money. It can also affect your retirement plan or even keep an emergency fund. . Like other debts, paying an early mortgage lets you secure a better financial future. You can go on planned vacation, begin budgeting for your kid’s college fund, or even purchase things you’ve been putting off.

Mortgages 102
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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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Pennymac the latest lender to raise conforming loan limits

Housing Wire

Pennymac followed the tracks of Rocket Pro TPO and United Wholesale Mortgage in raising conforming loan limits ahead of the Federal Housing Finance Agency ‘s (FHFA) decision to do so in November. The country’s third-largest purchase mortgage lender, according to Inside Mortgage Finance , will be increasing conventional loan limits to $715,000 across all channels, Pennymac said Thursday. . “At Pennymac, we continue to support our customers and partners by providing them with the best

Loans 407
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JPAR® – REAL ESTATE GROWS MARKET PRESENCE IN SOUTHERN MARYLAND Celebrates with Office Grand Opening

Realty Biz

JPAR® – Real Estate, America’s #1 fastest-growing, 100% commission brokerage, is pleased to announce the grand opening of its newest franchise, JPAR® Real Estate Professionals serving home buyers and sellers throughout in Southern Maryland. The newly formed real estate franchise recently celebrated its grand opening at their offices located at 8303 Old Leonardtown Road, Hughesville, MD 20637.

Marketing 101

More Trending

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A Top Agent Roundup for Knoxville, Tennessee

Realty Biz

This week’s agent focus takes us to Knoxville, Tennessee, and one of America’s most preferred zip codes. As in the past, we use a variety of tools to narrow down the field of best digital marketers among real estate pros. Like other smaller markets, Knoxville reveals how brick-and-mortar marketing and sales strategies seem to continue to dominate.

Agents 98
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Private-label MBS market facing strong headwinds

Housing Wire

The pace of mortgage-backed securities (MBS) issuance in the nonagency market slowed considerably in July and August as rising interest rates and Federal Reserve MBS-purchase policy have combined to dampen the momentum exhibited in the private-label space in 2021 and over the first half of this year. In July and August of this year, there was a total of 25 residential mortgage-backed securities (RMBS) deals secured by mortgage pools valued at $8.3 billion, according to nonagency RMBS offerings,

Marketing 373
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Washington State Housing Market Forecast 2022 & 2023

Marco Santarelli

According to Redfin, Washington home prices were up 5.1% year-over-year in July. The number of homes sold fell 31.3% and the number of homes for sale rose 20.4% as compared to last year. The median price of homes in Washington was $608,700. There were 9,617 homes sold in July this year, down from 14,000 homes sold in July last year. The median days on the market was 12 days, up 3 days year over year.

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20 Foolproof Tips For Success At Every Real Estate Networking Event

Agent Fire

Real estate networking events don't have to be a crapshoot. With the right techniques and prep, you can build awesome professional relationships every time. 20 Foolproof Tips For Success At Every Real Estate Networking Event is just one of many great real estate strategies on The Spark.

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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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4 Real Estate Tax Strategies That Can Protect You From Inflation

Bigger Pockets

Did you know that inflation and taxes are two of the biggest killers of wealth? During inflationary times, the dollar is worth less. Spending more money on everyday things like […].

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Dress code evolution: The new rules of work attire

The American Genius for Real Estate

Post-pandemic means comfort is of upmost important. Whether working from home or at the office, let's take a look at the new dress code.

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Could Build-to-Rent Investing Deliver a Deathblow to Multifamily?

Bigger Pockets

It’s a little strange how long it took build-to-rent real estate investing to catch on. For decades, landlords were used to buying older homes, many without renovations, and renting them […].

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San Diego County Inventory Very Low

BubbleInfo

Above, Bill shows how the number of new listings is dropping off in San Diego. Yes, in the top chart, there were 20.7% more active listings YoY because you can wrongly price a listing today. Last year, just about everything was selling, which is very unusual! In August, 2019, there were 3,007 detached homes listed […].

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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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Finance Friday: The 5 Questions to Ask if You Want to Fast-Track FI

Bigger Pockets

If someone told you that financial freedom could be achieved by traveling the world, you probably wouldn’t believe them. How can going on a work vacation to Europe make you […].

Finance 81
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Daily Links: Harlem, Crown Heights Clergy Took $2 Million in Payments From Developers, AG Finds

Brownstoner

In the News Crown Heights Homeless Shelter Officer Suspended After Hitting Resident [NYT] Brooklyn Rabbi Yehuda Weinstock Victim of Deadly Crash [NYP] ‘Burg Woman Blasts Landlord for $800 Rent Hike on Rat-Ridden Unit [NYP] Brooklyn Has Lowest Polio Vaccination Rates in the City [BP] Clergy Took Secret Cash While Selling Harlem, Brooklyn Churches: AG [Patch] Beloved… Read More > The post Daily Links: Harlem, Crown Heights Clergy Took $2 Million in Payments From Developers, AG Finds appe

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5 Best Iowa Real Estate Schools for 2022

The Close

Are you thinking of diving into a real estate career in Iowa? If so, you’ll need to find a great real estate school to complete the required 96-hour prelicensing course. That’s why we’ve reviewed every feature of the top Iowa real estate schools so you can get started on a path to success. We picked our top five favorite Iowa real estate schools based on course design, ease of use, affordability, class schedules, and more.

Design 59
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Plateau City in 2023

BubbleInfo

I said: 0% appreciation for NSDCC (La Jolla to Carlsbad) in 2023. Zillow says: -1.5% to -1.9% for NSDCC. Goldman Sachs says: -1% for San Diego. What do you say? Hat tip to shadash for sending this in: [link].

Sales 59
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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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Top Agent Q&A: Sotheby’s rainmaker Nikki Field

Real Trends

Like many agents of her generation, real estate was not Nikki Field’s first career. “Many of us old guards started with something else and evolved into real estate,” said Field, who leads a team at Sotheby’s International Realty in Manhattan. “I am sure you have heard this story so many times before: We had a career, then we went off to raise some children, then, once the children reached a certain age, we went back into what at the time was deemed socially acceptable part-time work.

Agents 64
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A West Midwood Edwardian With Parking and Three Others to See, Starting at $1.75 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Park Slope, Fort Greene, Bed Stuy and West Midwood. They range in price from $1.75 million to $3.2 million. In Park Slope, a well-preserved brick row house combines elements of the Queen Anne and Neo-Grec style. Although the… Read More > The post A West Midwood Edwardian With Parking and Three Others to See, Starting at $1.75 Million appeared first on Brownstoner.

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Real estate agents are in danger: Avoid being a predator’s target

The American Genius for Real Estate

Real estate safety is an elusive topic, as most think they're being safe. Add victim blaming when someone is attacked, and we have a crisis.

Agents 64
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Should You Invest in Vacation Rentals for Sale in St George, Utah?

Mashvisor

Finding vacation rentals for sale in St George Utah can be the start of a lucrative venture for any beginner investor, so let’s talk about it.

Sales 68
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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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How to respond to criticism to improve your business, not break it

The American Genius for Real Estate

You can go ahead and add criticism to that list of certainties in life. How you respond to criticism can make or break your career though.

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Friday Flash: When no one cares

1000Watt

“The Internet-Empowered Consumer.”. There were lots of people throwing that one around in the late ‘90s. It was a thing. . Real estate leaders who “got it” would drop this on conference panels and such. We would all nod. . We were told that this newly-powerful person craved transparency and access, and once they got it, well… anything could happen — up to and including another term of the time: “ disintermediation.” .

Agents 52
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Essential Real Estate Advice in 6 Steps

Louisville Homes

When you decide to buy real estate, because it’s a high-ticket item, you want to get it right. Once you understand how it works, then you can simplify the entire process. From looking for homes to buy to financing and more, there is a lot to learn. The real estate market is growing, but you can simplify the process by making sure that you know how to spend time searching for the best houses for sale for you.

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Oregon Housing Market Forecast 2022 & 2023

Marco Santarelli

According to Redfin, in July 2022, home prices in Oregon were up 8.7% compared to last year, selling for a median price of $520,000. On average, the number of homes sold was down 27.5% year over year and there were 5,052 homes sold in July this year, down from 6,927 homes sold in July last year. The median days on the market was 16 days, up 5 days year over year.

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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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How Technology Can Improve the Maintenance Experience

App Folio

Managing rentals, renewals, and prospects is only part of property management. Tying it all together is maintenance. And not having.

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The 6 Fastest-Growing Cities in South Carolina

Redfin

From its rich history to its pristine beaches, South Carolina has it all. Known as “The Palmetto State,” you’ll be sure to find a number of distinct cities with their own unique personalities. It’s no surprise that more than 5 million people call this state home. If you’re looking to make the move to South Carolina but don’t know where to start, you’re in luck.

Sales 56
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Abstract Expressionist Nicolas Carone’s Artistic Retreat in Springs, Yours for $1.745 Million

Brownstoner

A circa-1838 home once owned by renowned Abstract Expressionist artist Nicolas Carone is on the market. Located on Three Mile Harbor-Hog Creek Road in Springs and across from Three Mile Harbor, the one-acre property includes a 1,400-square-foot three-bedroom, 3.5-bathroom cottage and an accessory structure, which Carone used as a studio. Though the… Read More > The post Abstract Expressionist Nicolas Carone’s Artistic Retreat in Springs, Yours for $1.745 Million appeared first on

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The 7 Fastest-Growing Cities in Alabama

Redfin

From the college city, Tuscaloosa, AL , to the capital, Montgomery, AL , Alabama is home to wonderful cities that make the state unique and full of charm. Known as “The Heart of Dixie,” about 4.9 million people call Alabama home. If you are looking to move and are considering Alabama as your next destination, we’ve got a list for you. We compiled the 7 fastest-growing cities in Alabama that saw the most significant population increase over 5 years, from 2017 to 2021.

Sales 55
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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.