Tue.Jan 12, 2021

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4 Reasons People Are Buying Homes in 2021

Keeping Current Matters

According to many experts , the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one going forward. Here are 4 reasons people are reconsidering where they live and why they’re expecting to buy a home this year. . 1.

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Compass files for IPO

Housing Wire

SoftBank -backed residential brokerage Compass filed paperwork with the Securities and Exchanges Commission on Monday to go public. Compass filed an S-1 document with the SEC, suggesting it would go public through a traditional offering. The document does not indicate how much money Compass plans to raise in a public offering, nor does it disclose price per share on common stock up for sale.

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Good Riddance to Open Floor Plans and Cabinets Galore: Top Kitchen Trends of 2021

Realtor.com

Becki Peckham © Houzz Homeowners forced by the coronavirus pandemic to hole up in their homes for much of the past year are changing a few things about their homes. For starters, COVID-19 exposed the flaws of the open floor plans touted on HGTV and other design shows—finding a quiet space to jump on that Zoom meeting with the boss while the kids are remote learning a few feet away can be a logistical nightmare.

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Reggora gets Series B funding, eyes 2-day appraisals

Housing Wire

Appraisal software company Reggora today announced the completion of a $30 million Series B funding round, led by returning investor Spark Capital. Other investors included Shine Capital , Greenpoint Partners , Boston Seed and 1984. The company snagged $10 million in a February Series A funding round, bringing the company’s total capital to $45 billion.

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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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4 DIY Hacks That Make Projects Easier

Homes.com

Wanting to try out a little DIY? Brooke Cribbs shares her favorite DIY hacks to help take all your projects from drab to fab with ease! The post 4 DIY Hacks That Make Projects Easier appeared first on Homes.com.

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Mortgage Tech Demo Day: Finance of America Mortgage

Housing Wire

Finance of America Mortgage. Finance of America Mortgage has served the rigorous demands and long-term needs of our customers for more than a quarter-century. We’re dedicated to helping our clients achieve the dream of homeownership. And with the support of a leading global asset manager, we’ll continue to serve our customers with the foundation and stability of a national financial institution.

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How one lender is tackling demand for jumbo loans in 2021

Housing Wire

Following its rebrand from Citadel Servicing Corp. to Acra Lending, the company has also launched a new jumbo prime program. HousingWire recently spoke with Keith Lind, Acra executive chairman and president, and Acra CEO Kyle Gunderlock, about the new program and how it will help borrowers in 2021 and beyond. HousingWire: Why did you develop the Jumbo Prime program?

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5 Myths About Transitioning From Renter to Homeowner

Realtor.com

Cavan Images/Getty Images Making the leap from being a renter to becoming a homeowner is a process that includes taking stock of your financial situation and determining whether you’re ready for such a massive responsibility. For most people, the primary question is affordability. Do you have enough cash in the bank to fund a down payment, or do you have a credit score high enough to qualify you for a home loan?

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Mortgage Tech Demo Day: Sales Boomerang

Housing Wire

Borrower Intelligence System. Sales Boomerang notifies a Lender when their borrower needs a loan. This demo will present a new suite of alert products. Prescriptive Scenarios enable loan officers to connect a borrower with the right type of loan at the right time based on the borrower’s needs and qualifications. Product Fast Facts: #1. In 3 years our lenders produced $18B in new loan originations from Sales Boomerang alerts, and had an average of 24X ROI. #2.

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Martha’s Vineyard Estate From 1688 Tops This Week’s List of the 10 Oldest Homes for Sale

Realtor.com

realtor.com There’s something soothing about looking at things that have withstood the test of time. Perhaps that’s why our regular peeks at the oldest homes on the market are so darn popular. The 10 oldest homes available for sale this week date all the way to the establishment of the 13 ragtag Colonies. Each represents a long-standing commitment to the stories they have to tell and to all the people who took care of these homes through the years.

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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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Mortgage Tech Demo Day: Teraverde

Housing Wire

Coheus OS. The most powerful and innovative solution that works in harmony with your LOS to streamline workflow, automate time-consuming processes, and crunch data. Merge all data platforms, visualizes it, and illuminate every facet of your lending process, improve data decision making to increase profits and to gain a competitive advantage in the marketplace.

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Lizzie Borden’s Former “Maplecroft” Home for Sale for $890K

Homes.com

The infamous home of Lizzie Borden where she lived after the tragic murder of her parents has hit the market for $890,000. The post Lizzie Borden’s Former “Maplecroft” Home for Sale for $890K appeared first on Homes.com.

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Mortgage Tech Demo Day: Nomis

Housing Wire

Nomis Mortgage. Helping pricing from start to finish, Nomis Mortgage is a comprehensive, powerful analytics suite for banks and lenders. Nomis Mortgage expands the efficiency frontier by increasing both margins and volume, giving teams real-time competitive and pricing analytics and margin management abilities to turbocharge their business. Product Fast Facts: #1.

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Can a Home Seller Under Contract Still Accept a Higher Offer?

Realtor.com

BrianAJackson / Getty Images Congratulations, you sold your house! The buyers fell in love and made an offer, and you let out a great, big sigh of relief when the contract was signed. Then it happens—another offer comes in, and a better one at that. What now? Can you take the highest bid? Here’s what home sellers need to know. When is a sale a sale?

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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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Brace picks up $15.7 million in Series B funding round

Housing Wire

Digital mortgage-servicing platform Brace announced snagged $15.7 million in a Series B funding round, the company revealed on Tuesday. The round closed just 10 months after its Series A funding in February , which brings the three-year-old startup’s funding total to just over $30 million. The company’s Series B was led primarily by Canvas Ventures , a San Francisco-based venture capital firm that had previously invested in real estate startup Flyhomes in 2019, and Siri (yes that Siri) before it

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Real Estate Rockstars: Empowering Women to Claim Their Seat at the Table

RIS Media

Above: Malinda Howell and Carolyn Rosson, vice presidents of Brokerage for the Ebby Halliday Companies. This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. Johnson. With 20 years of experience in real estate, Sherri Johnson—CEO and founder of Sherri Johnson Coaching & Consulting—knows a rockstar leader when she sees one. “They’re the ones out front,” says Johnson, “helping those around th

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SitusAMC enters wholesale tech channel with ReadyPrice acquisition

Housing Wire

Real estate services and technology firm SitusAMC has acquired mortgage tech software developer ReadyPrice – bumping the New York-based firm’s acquisition tally to three in just under a year. Though terms of the deal were not disclosed, in a release on Monday, SitusAMC said it plans to retain the management team of ReadyPrice, with ReadyPrice CEO Rick Soukoulis continuing to run day-to-day operations.

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How Much Does it Cost to Rent a U-Haul Truck

Realty Biz

The Guide to U-Haul Rental Prices. Are you wondering what it costs to rent a U-Haul truck? U-Haul is often the first company people think of when they need to rent a moving truck. They offer a great range of trucks for most sizes of move, from pick-ups to 26-feet trucks. They advertise prices of just $19.95 for their trucks, but is that what you will really pay for U-Haul rentals?

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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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Orchard expands to Houston, East Coast

Housing Wire

Orchard announced Tuesday its immediate availability to consumers in Houston, as well as future expansion into Charlotte, Raleigh-Durham, and the Washington, D.C. suburbs in the upcoming months. Court Cunningham, chief executive officer and co-founder, said he’s excited for Orchard to help consumers in the new markets, where demand has outpaced inventory. “We’ll make it easier for home buyers in these markets to secure their dream home as soon as they see it, while still selling thei

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A Leap of Faith

RIS Media

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. Leveraging the gifts we are given as women is something we need to celebrate. We are nurturing. We are natural dealmakers. Picture talking that five-year-old out of taking the last cookie and avoiding a fight with his sister all while cooking dinner, folding laundry, organizing the PTA meeting and cleaning the house.

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Mortgage Tech Demo Day: iEmergent

Housing Wire

iEmergent. iEmergent’s Mortgage MarketSmart and DIVERSIFi solutions provide accurate market opportunity forecasts, current listing/agent data, and critical competitor data that drill down from national to local levels of detail. With powerful analytical and visualization tools, our insight enables lenders to grow originations, market share and profitability – by revealing the opportunities they are missing and helping them take action today for capturing more loans tomorrow.

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Debt-to-income ratio, taxes, and insurance: How your DTI is calculated

The Mortgage Report

DTI, your 'debt-to-income ratio,' includes taxes and insurance as part of your mortgage payment. Here's how to find your DTI with taxes and insurance.

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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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Mortgage Tech Demo Day: Insellerate

Housing Wire

Insellerate Customer Experience Platform. Experience Insellerate’s award-winning Customer Experience Platform featuring lead management, CRM, call routing, sales enablement, marketing automation, borrower engagement, and data intelligence through innovative use of Multi-channel Marketing: text, social media, email, Direct mail, phone, ringless voicemail, retargeting and so much more.

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Keep Moving Costs Down with These Easy Tips

Point2Homes

Image: Nebojsa Tatomirov / Shutterstock.com. Moving can be a very costly affair, whether you chose to do it all yourself, or hire a professional company. And since you’ll need to have money set aside for after you’ve relocated, keeping your moving costs low is crucial. Here are some easy tips to make sure that moving to your new home won’t break the bank.

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Mortgage Tech Demo Day: Capacity

Housing Wire

Capacity. Capacity is a mortgage automation platform, powered by AI, that empowers mortgage professionals with instant knowledge and automated workflows. Thanks to 24/7 service, clients receive a superior experience throughout the entire loan process. Capacity connects apps, mines documents, captures tacit knowledge, and automates processes through a mobile-friendly chat interface.

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CoreLogic: Mortgage Delinquencies Continue to Rise but Pace Moderating in October

RIS Media

CoreLogic® recently released its monthly Loan Performance Insights Report for October 2020. On a national level, 6.1 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.4-percentage point increase in the overall delinquency rate compared to October 2019, when it was 3.7 percent.

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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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Outdoor Fitness Series At Downtown Palm Beach Gardens

Waterfront Properties

Downtown Palm Beach Gardens has added a new outdoor fitness program that offers a fun, calorie burning ways to stay healthy. The outdoor shopping and lifestyle center is hosting two fitness classes this January as part of their Downtown Collective X Fitness class series. Head to the Downtown Park starting today, Tuesday, January 12th for outdoor Zumba with Jeanne.

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Mortgage and refinance rates today, January 12, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. And that was a pleasant surprise because they’d looked likely to rise again first thing — and also because […].

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7 Common Water Pump Problems You May Experience At Home

Realty Biz

Water is one of our basic instinctive needs. Our body cannot function well, live, and survive without it. It is also a vital substance that we use in our daily lives. We use it in taking a bath, washing clothes and dishes, preparing food, etc. Thus, it is essential to have a source of water at home. There are three primary sources of water that you may have at home, including groundwater, surface water, and rainwater.

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Bicycle House From ‘Fixer Upper’ Season 1 on the Market for $550K

Realtor.com

realtor.com A charming cottage renovated on the HGTV home improvement show “Fixer Upper” is now on the market for $550,000. Known as the “Bicycle House” and built in 1910, the dilapidated home in Waco, TX, underwent a top-to-bottom renovation by Chip and Joanna Gaines back on Season 1 of their hit show. After the makeover, the home was put on the market by its owners in July 2017, at $375,000.

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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.