Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Acra Lending is doing what it can to help free up inventory. The company specializes in non-QM products, a sector that serves many borrowers who might not fit agency loans. By working with borrowers in unusual circumstances, Acra is helping create opportunities for inventory to open up. 3-month bank statement.

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Marketing Banks Lending Loans 432

Keeping Current Matters

JULY 23, 2021

Some Highlights. The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity , which sellers can use to fuel a move up.

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Marketing Equity Mortgages 231

Housing Wire

JULY 23, 2021

The following Q&A comes from the HW+ exclusive Slack channel, where HousingWire Senior Real Estate Reporter Matthew Blake answered questions about his latest coverage on the impact of the DOJ’s decision and how the industry is gearing up to respond. During the Q&A, Blake discussed the ramifications of previous DOJ investigations into NAR and conversations he has had with top-level agents on how they’re feeling about this news.

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Agents Brokerage Industrial Marketing 421

Better Dwelling

JULY 23, 2021

Canadian real estate markets are losing some steam after its record year. Canadian Real Estate Association (CREA) data shows just over half of markets saw price growth slow in June. Looking more closely at recent numbers reveals this trend is about to become more common. All but a few markets are currently on track for […]. The post Nearly 3 In 4 Canadian Real Estate Markets Have Seen Price Growth Slow appeared first on Better Dwelling.

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Agents

Housing Wire

JULY 23, 2021

Three of the “Big Four” title insurers — First American Financial , Old Republic and Stewart Title — released their second-quarter earnings this week. Fidelity National will release its second-quarter earnings on Aug. 3. First American reported $2.3 billion in total revenue for the second quarter, a 41% increase year over year and up from $2 billion in the first quarter of 2021.

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Title Equity Closing Marketing 397

Sotheby's International Real Estate

JULY 23, 2021

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Big Pine Key, Florida | Ally Kelley, Ocean Sotheby’s International Realty . An oceanfront house listed for $5.49 million on West Cahill Court on Florida’s Big Pine Key offers a private place to witness aquatic life up close. $5.5M Florida Keys Home Features an Aquarium Big Enough for Snorkeling – Realtor.com. 7 Stylish Homes With Sophisticated Drinking Lounges on Property – Archite

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Renovation Development Design Sales 128

Better Dwelling

JULY 23, 2021

Canadians have been begging for housing costs to have a greater influence on inflation. They’re going to finally get what they’ve been asking for… but it’s going to work against them. The consumer price index (CPI) basket weights got an update from Statistics Canada (Stat Can). One of the biggest changes to the index is […].

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Mortgages 124

BubbleInfo

JULY 23, 2021

The prognostications are coming in about the direction of home prices. It’s easy to predict that the market won’t be as hot as it’s been (or will it?). The Burns forecast will be as good any of the guesses, and don’t be surprised if all of them end up predicting a goose egg over the […].

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Marketing 119

Eye on Housing

JULY 23, 2021

The share of prospective home buyers looking to buy a newly-built home peaked at 42% in the fourth quarter of 2020, before falling to 38% and 33%, respectively, in the first two quarters of 2021. The drop is most likely the direct result of strong gains in new home prices in 2021, which have been driven by double-digit growth in.

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New Construction Construction 110

HomeLight

JULY 23, 2021

Every industry has its own lexicon, and real estate is no exception. From the terms for different types of houses to the lingo associated with lending, there’s plenty of terminologies that can feel overwhelming for a buyer to keep up with. One term you’ll likely hear often during the homebuying process is “MLS,” which stands for multiple listing service.

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MLS Backup offer Agents Purchase and sale agreement 108

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

JULY 23, 2021

Today’s mortgage and refinance rates Average mortgage rates fell yesterday. At least this time we have a pretty good idea why. It was probably that morning’s disappointing weekly unemployment data. […].

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Mortgages 108

Realty Biz

JULY 23, 2021

Existing home sales rose by 1.4% in June to a seasonally adjusted rate of 5.86 million units, following four months of declining sales. The sales numbers are based on transactions closed in the month, so they could be contracts signed in April or May, the National Association of Realtors reported. Sales are still up massively on an annual basis. Compared to June 2020, the number of existing homes sold was up 22.9%.

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Sales Purchase and sale agreement Investor New Construction 104

Brownstoner

JULY 23, 2021

A French-Japanese cafe with locations around the world is opening its latest spot right in the heart of Boerum Hill. Cafe? Kitsune? will soon take over a currently empty space at 112 Bond Street, at the corner of Pacific Street. It was previously occupied by the beloved local bistro Building… Read More > The post Café Kitsuné Will Soon Replace Former Building On Bond Space in Boerum Hill appeared first on Brownstoner.

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McKissock

JULY 23, 2021

Every real estate appraiser is familiar with the terms “marketing time” and “exposure time,” but it’s not always clear why and how these are developed in everyday assignments when developing an opinion of market value. Below, we provide a basic overview of exposure time vs. marketing time and sources that can be used to support an opinion of reasonable exposure time.

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Marketing Days on market Development Lending 99

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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.

Sales

Lab Coat Agents

JULY 23, 2021

According to the National Association of REALTORS® Home Buyers and Sellers Generational Trends Report 2021, millennials made up 37% of the buyers share last year, making this audience of prime interest to today’s agents. In our latest webinar with Lab Coat Agents, Mark Rader, Associate with Keller Williams, shares his best practice approach to reaching this valued audience and how technology tools from Chime have made all the difference.

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RIS Media

JULY 23, 2021

Freddie Mac announced that Jerry Mauricio will serve as the company’s senior vice president and chief compliance officer (CCO). Mauricio brings with him over two decades of managing compliance programs in the global financial services industry. Mauricio has been serving in the role of Interim CCO at Freddie Mac since January 2021 and will fully transition to the position of CCO effective immediately.

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Industrial Closing Marketing 98

Waterfront Properties

JULY 23, 2021

Harbourside Place located at 200 North U.S. Highway One, Jupiter is hosting a classic car show on July 24, 2021, at 2:00 p.m. Check out some of the world’s most unique cars at the classic car show, hosted by Southeast Classics. A classic car is an older car, typically 20 years or older. The shared premise is of an older car of sufficient historical interest to be collectible and worth restoring or preserving rather than scrapping.

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As-is 98

RIS Media

JULY 23, 2021

Yes, we’re still below the inventory threshold necessary for filling the supply shortage gap; however, there’s been improvement in the real estate markets for the week ending July 17, according to the latest Weekly Housing Trends report from realtor.com®. By the numbers: – New listings are up 9%. More new sellers hit the market compared to a year ago in 14 of the last 17 weeks. – Total active inventory continues to decline, but it’s only 33% lower YoY. – Median list

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Marketing Days on market Mortgages Sales 98

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

Waterfront Properties

JULY 23, 2021

Boca Raton has some of the finest dining venues around and Chloe’s Bistro is one of those delicious restaurants. Chloe’s Bistro always uses the freshest ingredients because you simply cannot fake freshness. There is no compromising in quality when preparing delicacies such as Lobster Ravioli, Shrimp Scampi, Chicken Marsala, Burrata and more Look at the menu and see.

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As-is 98

Point2Homes

JULY 23, 2021

Image: Pixel-Shot / Shutterstock.com. The kitchen is the one room in the house that can be a little trickier to decorate than all the others. This is because it’s a room designed for function and where we spend most of our time cooking, cleaning and getting things done. But no rule says your kitchen can’t be both beautiful and functional. Since the counter is the largest piece of real estate in the kitchen , we’ve got six great tips on how to decorate kitchen counters.

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Design As-is Sales 98

RIS Media

JULY 23, 2021

Realty ONE Group has sold the franchise rights to an owner in Costa Rica who will bring the company’s business model and proprietary systems to Central America. Sergio E. Gonzalez, an entrepreneur with more than two decades in real estate and a 30-year resident of the country, is opening doors to new offices in Costa Rica, a strategic gateway for Realty ONE Group to expand into South America. “We’ve found another passionate and dynamic owner who believes, like we do, in opening

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Branding Brokerage Industrial 98

Brownstoner

JULY 23, 2021

This Greene County cottage takes the 19th century picturesque country house ideal to the extreme with bargeboards so elongated that the dwelling has earned the moniker "The Icicle House." Adding to the charm, the house on the market at 47 Oak Hill Road in Durham, N.Y. has bright red board-and-batten siding… Read More > The post Grab Some Charm With Greene County’s Quirky ‘Icicle House,’ Yours for $295K appeared first on Brownstoner.

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Marketing 98

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

RIS Media

JULY 23, 2021

The Association Health Plans Act introduced at the House of Representatives on July 20 could be good news for real estate professionals looking to lower their health care costs. U.S. Rep. Tim Walberg, R-MI, introduced the House bill, and Senator John Kennedy, R-La, introduced similar legislation within the Senate in March 2021. The breakdown: – The bill would permit short-term, limited-duration plans to provide coverage for a period of fewer than 12 months, not including extensions. ̵

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Industrial As-is Marketing 98

Toronto Realty Blog

JULY 23, 2021

TorontoRealtyBlog. I’m not a designer. I’m not an architect. I’m not a builder. I’m not an interior designer. I’m not a city planner. There are a lot things that I am not, in the context of designing and building houses. However, I know enough to opine that the “conceptual drawing” of this house simply has green magic marker scribbled in place of the trees: Tell me I’m wrong.

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Design MLS Agents Land 98

RIS Media

JULY 23, 2021

It’s no secret that buyers have had it rough these last couple of years, with skyrocketing demand raising prices and creating a competitive environment that makes it near-impossible to win a bid on a home. There are certain areas, however, in which first-time buyers will have it much easier, according to a new LendingTree report. LendingTree considered the following: – Average down payment amount. – Average down payment percentage. – Share of buyers using an FHA loan. 

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FHA loan Loans Industrial Marketing 98

Agent Fire

JULY 23, 2021

In this article, we go over the 5 biggest real estate marketing opportunities for 2021 and beyond. If you aren't taking advantage of them yet, now is your chance. The Top 5 Digital Real Estate Opportunities in 2021 (LIVE EXAMPLES) is just one of many great real estate strategies on The Spark.

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Marketing 98

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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

RIS Media

JULY 23, 2021

Freddie Mac posted the results of its Primary Mortgage Market Survey® (PMMS®). The 30-year fixed-rate mortgage (FRM) averaged 2.78% in July. By the numbers: – 30-Year Fixed-Rate Mortgage : Averaged 2.78% with an average 0.7 point for the week ending July 22, 2021, down from last week when it averaged 2.88%. A year ago at this time, the 30-year FRM averaged 3.01%. – 15-Year Fixed-Rate Mortgage : Averaged 2.12% with an average 0.7 point, down from last week when it averaged 2.22%.

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Fixed-rate mortgage Mortgages Marketing Industrial 98

Brownstoner

JULY 23, 2021

In the News Is the City Doing Enough to Slow a Third Virus Wave? [NYT] New York’s ‘Homecoming’ to Feature a Free Concert in Every Borough [NYT] Rogue Building Demo Stirs Furor and Questions in PLG [The City] Van Driver Kills Moped Rider in Kensington [Streetsblog] G Train Service Extended Between LIC and Coney Island… Read More > The post Daily Links: Brooklyn Will Get a Free Concert as Part of City’s ‘Homecoming’ Celebration in August appeared first on Brownstoner.

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RIS Media

JULY 23, 2021

For centuries, historians have debated whether the American Revolution was driven more by ideas or economics. I’m fully in the “ideas” camp, but it would be disingenuous to believe that an economic crisis doesn’t lead to grandiose ideas. Currently, real estate prices are climbing at unprecedented rates. More companies are focusing on consumer experiences and behavior than ever before.

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Brownstoner

JULY 23, 2021

Inventory is low and prices are high in Brooklyn -- the same thing we've been reading about on the national level. To be fair, though, low inventory is not unusual in late July in Brooklyn. Of the dozens of houses having open houses this weekend, we found three worth a… Read More > The post A Quirky Brooklyn Trinity With a Warm Modern Reno in the Slope and Two More, Starting at $799K appeared first on Brownstoner.

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Marketing 98

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