Housing Wire

JULY 22, 2022

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.

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Brownstoner

JULY 22, 2022

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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Development 116

Housing Wire

JULY 22, 2022

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.

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BubbleInfo

JULY 22, 2022

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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Agents

Housing Wire

JULY 22, 2022

Non-QM lender First Guaranty Mortgage Corp. (FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Sprout Mortgage imploded in early July, leaving its employees out in the cold. The lender so suddenly shuttered its doors it failed to file advanced notice of the layoffs, as required under federal law.

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Lending Banks Bankruptcy Loans 384

Real Trends

JULY 22, 2022

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

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Brownstoner

JULY 22, 2022

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.

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Marketing 104

Housing Wire

JULY 22, 2022

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

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Brokerage Investor Mortgages Closing 384

The American Genius for Real Estate

JULY 22, 2022

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.

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Brokerage 98

Housing Wire

JULY 22, 2022

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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Technology Investor Mortgages As-is 384

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

Brownstoner

JULY 22, 2022

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.

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Marketing 99

Housing Wire

JULY 22, 2022

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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Industrial Marketing 383

Coldwell Banker

JULY 22, 2022

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.

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Sotheby's International Real Estate

JULY 22, 2022

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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Marketing 95

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Sales

Toronto Realty Blog

JULY 22, 2022

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: .

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Mortgages Principal Banks Closing 87

Brownstoner

JULY 22, 2022

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.

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Closing 88

Lighter Side of Real Estate

JULY 22, 2022

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.

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Agents Banks Closing As-is 86

Brownstoner

JULY 22, 2022

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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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

Agent Fire

JULY 22, 2022

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.

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RISMedia

JULY 22, 2022

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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Lab Coat Agents

JULY 22, 2022

As a real estate agent, it’s important to have a strong online presence. In addition to having a well-designed website, it’s also important to have a robust social media strategy. However, one of the most important tools in your digital arsenal is your smartphone. These days, there are literally thousands of real estate apps available for iOS and Android devices.

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Technology Agents Branding Development 59

Fancy Pants Homes

JULY 22, 2022

In the ritzy residential enclave of Bel Air, a new listing dazzles with its striking contemporary design, 360-degree views of the city, and highly ambitious asking price. Owned by George Ruan, co-founder of online coupon-clipping company Honey (now part of Paypal), the nearly 21,000-square-foot manse is looking to fetch $150 million. The price point makes it the third most expensive home for sale in L.A.

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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

Housing Wire

JULY 22, 2022

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.

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The Close

JULY 22, 2022

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.

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Housing Wire

JULY 22, 2022

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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Mashvisor

JULY 22, 2022

If you wish to learn more about how to find multifamily investment properties and add them to your investment portfolio, here’s a guide.

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Investor 69

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Agents

Housing Wire

JULY 22, 2022

Three alleged charlatans from Houston have been nabbed by federal authorities and taken into custody on charges related to mortgage fraud, credit repair and government loan fraud, the Department of Justice said on Friday. The DOJ claims that Heather Ann Campos , David Lewis Best Jr. and Stephen Laverne Crabtree were evading law enforcement for “several months.

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The Close

JULY 22, 2022

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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A Student of the Real Estate Game

JULY 22, 2022

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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Dwell Real Estate

JULY 22, 2022

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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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