Housing Wire

DECEMBER 14, 2022

On the heels of the central bank’s announcement to raise the federal funds rate by 50 basis points to 4.25%-4.50% on Wednesday, most economists and industry experts were on the same page about the housing outlook and which direction mortgage rates would be headed. . Growing concerns of a recession, led by the Federal Reserve ’s continued interest rate hikes next year, will prompt mortgage rates to trend lower in 2023, according to numerous experts.

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Mortgages Residential Principal Lending 448

Keeping Current Matters

DECEMBER 14, 2022

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold?

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Marketing 275

Housing Wire

DECEMBER 14, 2022

After inflation slowed more rapidly than expected in November, the Federal Reserve raised the federal funds rate by 50 basis points on Wednesday to 4.25%-4.50%, a smaller interest rate hike than the 75 bps per meeting the Fed policymakers have stuck to since June. This slowdown is good news for the housing industry as it may lead to a decline in mortgage rates.

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Mortgages Banks Land Investor 418

Maximum Exposure Real Estate

DECEMBER 14, 2022

Do sexual offenders near me have to be disclosed when selling a home? That is a very good question! As a seller or a seller’s agent, you must understand the rules surrounding disclosure before you start speaking to potential buyers. Whether there are sexual predators nearby is certainly a question that could come up when […]. The post Disclosing Sexual Predators and Offenders Near Me in Real Estate Sales appeared first on Maximum Real Estate Exposure.

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Sales Agents As-is Marketing 133

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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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Housing Wire

DECEMBER 14, 2022

Slower housing market conditions , mortgage rate volatility and rising affordability challenges took their toll on the title insurance industry during the third quarter of 2022. During the quarter, the title insurance industry generated $5.4 billion in title insurance premiums, down 20.6% year over year , according to the American Land Title Association’s Market Share Analysis released Tuesday.

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Title Land Industrial Mortgages 418

Eye on Housing

DECEMBER 14, 2022

Per the Mortgage Bankers Association’s (MBA) survey through the week ending December 9th, total mortgage activity increased 3.2% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate rose one basis points to 6.42%. The FRM rate has fallen 48 basis points over the past month. The Market Composite Index, a measure of mortgage loan application volume, rose.

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Fixed-rate mortgage Mortgages Loans Marketing 116

Better Dwelling

DECEMBER 14, 2022

Canadian real estate just saw one of the biggest shopping sprees on record, and the bill isn’t pretty. Statistics Canada (Stat Can) data shows household mortgage debt service ratio (DSR) hit a record high in Q3 2022. Interest rates contributed to the recent spike, but the size of debt is the primary issue. Mortgage Debt […]. The post Canadian Mortgage Payments Are Consuming A Record Share of Income appeared first on Better Dwelling.

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Mortgages Banks 115

Housing Wire

DECEMBER 14, 2022

It’s no secret that since the beginning of the COVID-19 pandemic almost three years ago, the property preservation industry has been forced to adapt and adjust to continue to preserve and protect property assets across the country. Throughout forbearance and the foreclosure moratorium, volume has declined to unprecedented levels not seen in the past decades.

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Inspection Technology Equity Investor 417

Eye on Housing

DECEMBER 14, 2022

Downshifting its pace of tightening of monetary policy, the Federal Reserve’s monetary policy committee raised the federal funds target rate by 50 basis points, increasing that target to an upper bound of 4.5%. This marked a relatively smaller increase after four previous 75 basis point hikes. The Fed has clearly communicated it will continue to tighten monetary policy however, raising.

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Housing Wire

DECEMBER 14, 2022

DocVu.AI from Visionet. DocVu.AI uses the power of OCR, Computer Vision (CV), and Ai to transform information on Mortgage documents (paper and digital) into data and improve mortgage operations’ efficiency by enhancing speed and accuracy. DocVu.AI is designed to cater to the unique and critical requirements of the US mortgage industry. Product Fast Facts. #1.

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Banks Development Design Mortgages 408

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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The Close

DECEMBER 14, 2022

When I worked in real estate in Manhattan, I noticed a pattern among my fellow agents: The people who complained about working 80-hour weeks weren’t closing very many deals. There’s a simple reason why: They never learned proper time management techniques for Realtors. Time management is one of those soft skills that most agents put off learning until they realize that the more stressed they are, the harder it is to sell real estate.

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Agents Closing As-is Design 111

Housing Wire

DECEMBER 14, 2022

Let’s face it, mortgage sales is not for the weak. It takes tenacity, thick skin and a hustle-hard mentality. As an introvert, when I first started in the operations side of the mortgage world I dreaded the weekly pipeline calls with the sales manager I supported. They were abrasive, fast-talking and expected the world of my team members on a daily basis.

Sales 397

Sales Mortgages Lending Branding 397

Sotheby's International Real Estate

DECEMBER 14, 2022

Sotheby’s International Realty today announced the opening of Vashon Island Sotheby’s International Realty, signifying the brand’s continued expansion in the United States and its seventh affiliated office in the state of Washington. The firm is owned and operated by Nicole Donnelly-Martin, Linda Bianchi, and Richard Bianchi who bring a collective 85 years of real estate experience.

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Branding 111

Housing Wire

DECEMBER 14, 2022

CARE. CARE is Sagent’s consumer platform that links a modern, bank-on-your-phone experience for borrowers with seamless human care from servicers. Borrowers can manage payments and escrows, plus monitor home equity, new offers, and tax matters. They can also quickly apply for and resolve forbearances and loan mods during hardships. Product Fast Facts. #1.

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Equity Branding Banks Design 397

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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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Real Trends

DECEMBER 14, 2022

A Marine’s best weapon may be their rifle, but a real estate agent ’s best weapon is knowledge. . Vetted VA’s Chris Griffith says, ‘tap, rack, bang,’ is a statement all Marines know by heart. It is a muscle memory reaction to an unfiring rifle. In the housing industry, agents need to develop their own muscle memory reaction to changing circumstances, new obstacles and shifting markets in order to stay in the fight.

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VA loan Loans Lending Loan Officer 107

Housing Wire

DECEMBER 14, 2022

U.S. Mortgage Insurers (USMI), the association that represents the nation’s leading private mortgage insurance companies, announced on Wednesday that it has named Seth Appleton, current president of the Mortgage Industry Standards Maintenance Organization (MISMO), as USMI’s new president. Appleton will assume the new role in January 2023. “With a deep knowledge of the mortgage industry and a proven record of bipartisan advocacy, Seth is the right leader to promote the mission of the privat

Finance 397

Finance Loans Mortgages Industrial 397

The Mortgage Report

DECEMBER 14, 2022

Will mortgage rates go down in 2023? Experts are split on how high rates could go next year. See their 2023 mortgage rate predictions here.

Mortgages 105

Mortgages 105

Housing Wire

DECEMBER 14, 2022

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s TECH100 award are open now through Friday, December 23, 2022. Click here to nominate your organization. Tech innovation in housing has come a long way over the last decade as antiquated processes have made way for digitization and streamlined workflows.

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Title Loans Industrial Closing 396

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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.

Agents

App Folio

DECEMBER 14, 2022

2022 has been quite the year for the U.S. economy, and residential real estate as a result. Inflation is at.

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Residential As-is 104

Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Davis has served as the VP of operations and associate vice president of industry standards at MISMO and MBA for more than a decade.

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Principal Development Finance Industrial 369

Realty Biz

DECEMBER 14, 2022

For months, we’ve explored ways to scrutinize the best real estate professionals objectively across the country. After dozens of reports, the system we use, is the system we recommend potential buyers or sellers use. Do your own five-minute Google, Zillow, social media, and branding diligence to narrow your agency choices. The bottom line is there is no boxed toolset yet, for weighting, which agents beat out their competition.

Agents 103

Agents Branding Sales As-is 103

Housing Wire

DECEMBER 14, 2022

Salesforce Customer 360 for Mortgage and Lending. Customer 360 for Mortgage and Lending helps lenders reduce operational costs and drive efficiency, while improving the borrower and employee experience. Lenders can streamline processes through automation with purpose-built lending and mortgage out of the box capabilities and lending industry expertise.

Lending 319

Lending Mortgages Industrial 319

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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.

Agents

Realtor.com

DECEMBER 14, 2022

Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and 30-year mortgages aren’t exciting. But what they lack in style, they make up for in stability.

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Fixed-rate mortgage Mortgages Loans VA loan 102

Housing Wire

DECEMBER 14, 2022

Jaro. The Jaro Suite is a full set of valuation management and products. JaroDesk was shown today and is an appraisal management platform designed for appraisal desks, appraisal management companies and appraisers and staff offices. Product Fast Facts. #1. Jaro has proven effective in reducing turn times by 30% within 2 months of being implemented. #2.

Design 305

Design Marketing 305

Maximum Exposure Real Estate

DECEMBER 14, 2022

Key Questions To Ask At An Open House Anyone who is an avid reader of my blog probably knows that I am not a big fan of open houses. My perspective on the importance of an open house comes from what’s important when representing a seller. Frankly, open houses aren’t necessary to sell a home. […]. The post 27 Critical Questions to Ask During an Open House appeared first on Maximum Real Estate Exposure.

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Housing Wire

DECEMBER 14, 2022

Velma Connector. Velma Connector adds automation to your LOS! Alerts, reports, compliance emails, and postal mailings happen seamlessly. Interactive emails allow remote actions without the need to login. Connectors’ rules-based engine allows the automation of prebuilt and custom workflows! Connector auto-updates your LOS and sends out critical communications keeping you compliant.

Closing 305

Closing Marketing 305

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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

Realtor.com

DECEMBER 14, 2022

Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and 30-year mortgages aren’t exciting. But what they lack in style, they make up for in stability.

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Fixed-rate mortgage Mortgages Loans VA loan 99

Lighter Side of Real Estate

DECEMBER 14, 2022

Potato, potahto, tomato, tomahto—just a couple of examples of words that people have different ways of pronouncing. It’s not like anyone won’t know what you’re talking about if you say either variation, but it might hurt their ears to hear it said differently than they pronounce it. “REALTOR®” is another one of those words that people pronounce differently.

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Agents As-is 98

Realtor.com

DECEMBER 14, 2022

Realtor.com A house designed specifically for sports fans who want to have a wee bit of fun is soon to be under contract. The quirky home in a great location of Ferndale, MI , had a list price of $165,000. The place quickly found internet fame, thanks to its two urinals in the kitchen. Yes, the kitchen—built into the wet bar. Really. The buzzy party pad, which was built in 1958, became the most popular home on Realtor.com®. “The urinals seem to be the biggest hit on the internet right now,

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Design As-is Agents 98

Brownstoner

DECEMBER 14, 2022

This grand Clinton Hill manse has plenty of living space, some impressive interior details and the architectural pedigree of a renovation by noted 19th century architects the Parfitt Brothers. That last is according to the Clinton Hill Historic District designation report, which notes that 315 Washington Avenue may have earlier… Read More > The post Altered by the Parfitt Brothers, Clinton Hill Manse With Crown Molding, Parking Asks $5.9 Million appeared first on Brownstoner.

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Renovation Design Marketing 98

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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.

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