Fri.Jul 22, 2022

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Marcia Davies to speak at HW Annual Oct. 3-5

Housing Wire

Women are not only dominating in the mortgage and real estate industry, but also they are making room at the table for a new generation of women to do the same. To help fuel this growth for future and current women, HousingWire is thrilled to have Marcia Davies, a HousingWire Women of Influence and the founder of mPower — an organization that helps women in the real estate finance industry expand their reach — at the Women of Influence Forum.

Lending 459
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Great News About Housing Inventory [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams. Connect with a local real estate advisor so you have the latest information on available homes in your area.

Sales 248
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GSEs bolster diversity with senior hires

Housing Wire

Both Fannie Mae and Freddie Mac this week made two senior hires that increase diversity in leadership at the enterprises, where the leadership skews toward white and male. At Freddie Mac, Dennis Hermonstyne Jr., who previously worked at Santander Bank , will assume the role of senior vice president and chief compliance officer. Starting Sept. 19, he will report directly to Freddie Mac CEO Michael DeVito, and work closely with Anil Hinduja, Freddie Mac’s chief risk officer.

Banks 448
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The Share of Wood-Framed Homes Increased in 2021

Eye on Housing

Lumber prices have been on a roller-coaster ride over the past two years and reached to an all-time high price of $1,515 per thousand board feed in the week ending May 21, 2021, as reported by Random Lengths. However, despite higher lumber prices and ongoing supply-chain issues, wood framing remains the most dominant construction method for single-family homes in the.

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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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Guaranteed Rate moves beyond mortgage

Housing Wire

Guaranteed Rate is looking to diversify its product mix amid the mortgage downturn. The mortgage lender has rolled out its first personal loan product. Customers can apply for personal loans in 10 minutes and receive funds between $4,000 and $50,000 within hours, the firm said Tuesday. The unsecured loan, which doesn’t have origination fees, late fees, nor non-sufficient funds fees, has flexible repayment options from one to five years, according to Guaranteed Rate.

Mortgages 418
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Bed Stuy’s Jacob Dangler Mansion Demolished in Hours. Now a Stop Work Order Has Been Issued

Brownstoner

There were tears on Willoughby Avenue Thursday night as a crowd gathered to watch the demolition of Bed Stuy’s beloved Jacob Dangler mansion. "I'm sad, I'm hurt," longtime Willoughby Avenue resident Michael Williams told Brownstoner. Williams wasn't alone; others described the day as gut wrenching, demoralizing, deflating -- and many were… Read More > The post Bed Stuy’s Jacob Dangler Mansion Demolished in Hours.

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Old-House Addict Wanted for an Evocatively Crumbling Finger Lakes Federal, Asking $275K

Brownstoner

There's no pretending that this historic Tompkins County property is anything other than a major project, but the Federal stone house offers an amazing level of period detail, a protected landscape and a location near a state park with miles of hiking trails. The seller for the house on the market… Read More > The post Old-House Addict Wanted for an Evocatively Crumbling Finger Lakes Federal, Asking $275K appeared first on Brownstoner.

Marketing 111
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Movement’s Casey Crawford joins board of Live Oak

Housing Wire

Live Oak Bancshares and its subsidiary Live Oak Bank have appointed Casey Crawford, the co-founder and chief executive officer of Movement Mortgage , to its board of directors. North Carolina-based Live Oak Bank’s goal is to be “America’s small business bank,” its chairman and CEO, James S. “Chip” Mahan, said in a statement. He added Crawford’s “depth of executive experience, including lending expertise, will be an excellent addition” to the board.

Banks 397
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What It’s Like Being a Real Estate Agent (Judging by Stock Photos)

Lighter Side of Real Estate

There are lots of misperceptions about what it’s like to be a real estate agent. People often mistakenly picture agents working a few hours a day, showing some houses, and raking in tons of money. While most agents love what they do and wouldn’t trade it for the world, it’s definitely not as easy as that! But it’s easy to see why people would have a skewed view of an agent’s life when you look at it through the lens of stock photos.

Agents 109
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Flyhomes lays off 20% of its employees as housing demand falls

Housing Wire

Flyhomes is the venture capital-fueled real estate company to fall victim to the slowdown in the housing market, opting to lay off 20% of its staff this week. To operate in a fiscally “prudent and sustainable” manner in the face of uncertain economic conditions, Flyhomes said it made the “difficult decision to reduce the size of our team,” in a LinkedIn post on Thursday. . “The past few months have brought the largest interest rate hike in nearly 30 years, and that has im

Brokerage 397
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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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7 ways to be proactive about your productivity

The American Genius for Real Estate

We often get stuck in a time-management-pickle while in the midst of overwhelming work. Try these tips to better prepare for productivity. The post 7 ways to be proactive about your productivity appeared first on The American Genius Real Estate.

Brokerage 108
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HW+ Member Spotlight: Omar Ennabe

Housing Wire

This week’s HW+ member spotlight features Omar Ennabe, who serves as president at Ennkar , a reverse mortgage lender. Below, Ennabe answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? Omar Ennabe: I enjoy reading anything Chris Clow writes. Chris Clow helps keep me apprised of what’s going on in my unique niche of the mortgage markets.

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9 Steps to Writing a Real Estate Business Plan (+ Templates)

The Close

A real estate business plan is an essential strategy document that every agent, team, and broker needs to ensure that their business is equipped to grow. Having a well-defined real estate business plan ensures that your time, energy, and cash are being spent efficiently in pursuit of your goals. However, unless you went to business school or are an experienced entrepreneur, it can be hard to know where to begin writing your business plan.

Brokerage 105
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Last call for Vanguard Nominations

Housing Wire

HousingWire’s Vanguard award program honors executives in housing who have become leaders in their respective fields and are moving markets forward, each and every day. And today marks the last day of the 2022 nomination period for this prestigious award. We encourage a wide range of leaders to apply for consideration for this unique and powerful recognition, one of the only of its kind in the industry.

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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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A Prospect Lefferts Gardens Limestone and Three Others to See, Starting at $1.299 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Boerum Hill, Windsor Terrace, Prospect Lefferts Gardens and Bay Ridge. They range in price from $1.299 million to $2.825 million. In Boerum Hill, this 19th century brick row house sports a bright green cornice for some curb appeal.… Read More > The post A Prospect Lefferts Gardens Limestone and Three Others to See, Starting at $1.299 Million appeared first on Brownstoner.

Marketing 105
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Fannie Mae notches two more CIRT deals  

Housing Wire

Fannie Mae has executed two new Credit Insurance Risk Transfer (CIRT) deals — the seventh and eighth of 2022 — dubbed CIRT 2022-7 and CIRT 2022-8. The two transactions convey a combined $1 billion in mortgage credit risk to private insurers and re-insurers as part of the agency’s ongoing effort to share risk with the private sector. Since the CIRT program ’s inception in 2013 to date, Fannie Mae has acquired some $21 billion in insurance coverage on a total of $709 billion of single-family loans

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Interview With Mortgage Broker, Tony Della Sciucca (Part 2)

Toronto Realty Blog

TorontoRealtyBlog. I’ve never been accused of being “brief” when writing blogs, so why would a video be any different? Hope you enjoy the second half of the interview with Tony Della Sciucca, where he answered your mortgage questions! Oh, and in case you missed it, check out part 1 of the interview with Tony. TRB Readers’ Questions For Tony: .

Mortgages 105
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Homes are finally taking longer to sell

Real Trends

For the first time in two years, the median time a home spends on the market has increased. During the four-week period ending on July 17, typical homes sold spent 19 days in the market, up one day from a year prior, according to a report from Redfin published on Thursday. In addition, 41% of homes that went under contract had an accepted offer within the first two weeks the market, down from 46% a year ago, and 28% of homes that went under contract had an accepted offer within the first week, d

Equity 104
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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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Coldwell Banker Realty Welcomes Telemundo Hosts And Latin American Homeownership Advocates Dora Omana And Marian Sasson-Albornoz

Coldwell Banker

Omana and Sasson-Albornoz will be affiliated with Tenafly, N.J. office. The post Coldwell Banker Realty Welcomes Telemundo Hosts And Latin American Homeownership Advocates Dora Omana And Marian Sasson-Albornoz appeared first on Coldwell Banker Blue Matter.

98
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Sean’s Ultimate Real Estate Listing Marketing Plan (PDF Checklist)

The Close

Your listing marketing plan is the most important thing to a seller. It’s an essential guide that lays out where, how, why, and when you will promote your client’s home for sale. I’m sharing my 43-point Ultimate Real Estate Listing Marketing Plan that I’ve developed over 27 years as a top-producing agent, broker-owner, and coach. With this plan, you can confidently list any property—including luxury ones—and convince any seller that you’re the agent to get their house sold.

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16-Story Mixed-Use Project to Replace Il Panificio

Dwell Real Estate

A new 16-story building is coming to downtown Sarasota in a space that’s currently home to Il Panificio pizzeria. It will have 120 hotel rooms, 35 residential units and 126 parking spaces, and the ground floor will include a two-level restaurant open to the public. The project will sit on nearly half an acre on the corner of Goodrich Avenue and Main Street—land that is currently home to three single-story buildings: Il Panificio, Main Street Shoe Repair and Fringe Spa Salon.

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Daily Links: As Rates Rise, City Council Approves the Appointment of a Utility Advocate

Brownstoner

In the News Holding Out for the Right Fit in Brooklyn [NYT] Family of Baby Apolline Sues City for Failing to Take Driver Off the Road [BP] Meet the Singing Reverend Who Takes His Gospel to Brooklyn’s Bars [BK Reader] Apple Store Near Barclays Closes Temporarily Amid 'Improvements' [Patch] The Look Book Goes to a… Read More > The post Daily Links: As Rates Rise, City Council Approves the Appointment of a Utility Advocate appeared first on Brownstoner.

Closing 98
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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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June Sarasota home sales down 26.9%!

Dwell Real Estate

June 2022 Real Estate Market Statistics Sarasota county single family homes June 2022. Sarasota county condo/townhome June 2022. Manatee county single family homes June 2022. Manatee county condo/townhome June 2022. Pinellas county single family homes June 2022. Pinellas county condo/townhomes June 2022. Hillsborough county single family homes June 2022.

Sales 98
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Cooling Centers, Pools Set to Help Brooklynites Cool Off as Heat Wave Continues

Brownstoner

With a heat advisory in effect in Kings County at least through Sunday evening, the city has opened dozens of free, publicly available cooling centers where Brooklynites can stay cool and out of the sun. With temperatures expected to stay in the 90s through the weekend and heat indexes climbing above… Read More > The post Cooling Centers, Pools Set to Help Brooklynites Cool Off as Heat Wave Continues appeared first on Brownstoner.

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Luxury Real Estate Headlines: Third Week in July 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Ancram, New York | Raj Kumar, Four Season Sotheby’s International Realty . This unique, ultra-modern home, dubbed the “Sleeve House,” is officially on the market. Listed by the Lillie K. Team at Four Seasons Sotheby’s International Realty, the home offers three bedrooms, three bathrooms, and 2,400 square feet of living space.

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SB 1105

BubbleInfo

SB 1105 has already passed in the state senate, and is being debated in the assembly. According to C.A.R., it will ‘grant vast, unchecked, taxing and bonding authority to an unelected Housing Agency Board in San Diego which would consist of 6 appointed representatives’ Huh? Anything that resembles a property tax is supposed to be […].

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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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Build a World-Class Real Estate Team in 9 Steps

Agent Fire

Planning to build a real estate team? Check out this guide! From being financially prepared to hiring the right team members at the right time, our guide covers all the essentials you need to put together a solid and successful real estate team. Build a World-Class Real Estate Team in 9 Steps is just one of many great real estate strategies on The Spark.

90
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Why Multifamily Values are Down 10%-20%

A Student of the Real Estate Game

As I’ve noted many times before, I view this blog as a tool to clarify my thinking, vet ideas, and share my views at specific points in time. Given the volatility and uncertainty in the current market, I’ve spent more time reading, thinking and writing recently. The multifamily market today is particularly interesting. I wrote a general update back in June , where I provided an overview of inflation and rates, the single-family housing market, the strength of the consumer, and multifamily supply

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4 Ways To Unclog A Shower Drain

RISMedia

By Lizzie Weakley When you are taking a shower, the last thing you want to notice is water that is ponding up around your feet. Unfortunately, this means you have a clogged shower drain. Though this is a problem that always seems to occur at the most inopportune time, the good news is that you […]. The post 4 Ways To Unclog A Shower Drain appeared first on RISMedia's Housecall.

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Fifth Wall invests $500M to decarbonize the real estate industry

Realty Biz

The real estate and property tech-focused venture capital firm Fifth Wall has announced the completion of its inaugural $500 million Climate Fund that aims to decarbonize the real estate industry. Having first launched with $116 million in August 2021, the fund is aimed at promoting environmentally-friendly technologies in the renewable energy, energy storage, smart buildings and carbon sequestration spaces.

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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.