Housing Wire

SEPTEMBER 14, 2021

Real estate startup Pacaso announced Tuesday that it has raised $125 million in its recent Series C funding round, giving it a $1.5 billion valuation. This announcement comes less than six months after the company raised $75 million , bringing its total amount of capital raised to $215 million. Earlier this year it secured $1 billion in debt financing, making it the fastest U.S. company to achieve unicorn status.

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Property Management Brokerage Finance Investor 432

Keeping Current Matters

SEPTEMBER 14, 2021

When it comes to the latest news in real estate , there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect that buying or selling a home is a major life decision, and we offer advice based on what the data shows. Despite what you may have read, the housing market is still undeniably strong.

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Housing Wire

SEPTEMBER 14, 2021

Nationwide Title Clearing , one of the country’s largest mortgage document prep companies , is to be acquired by settlement services firm Covius Holdings. Terms of the deal, which is expected to close in the fourth quarter of 2021, were not disclosed. In acquiring NTC, Covius is beefing up its offerings in lien release and various document production services.

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The Mortgage Report

SEPTEMBER 14, 2021

Here are 7 things you should never do before buying a house. Follow these best practices to give yourself the best shot at mortgage approval and a low rate.

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Mortgages 144

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Housing Wire

SEPTEMBER 14, 2021

Black Knight is looking to hook mortgage brokers with a new loan origination system designed specifically for them. The Florida-based mortgage tech and analytics behemoth on Wednesday unveiled “LoanCatcher” to mortgage brokers, which it described as an “end-to-end” solution that is integrated into its Surefire CRM and mortgage marketing engine.

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Housing Wire

SEPTEMBER 14, 2021

Point, a shared equity reverse mortgage firm that gives homeowners the ability to sell a small fraction of their equity, recently announced that it has raised over $1 billion in new capital commitments from real estate and mortgage-backed securities (MBS) investors. These companies include Atalaya Capital Management (which made a prior investment in 2018), Kingsbridge Wealth Management, Palisades Group, and Redwood Trust.

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Equity Mortgages Finance Industrial 239

Eye on Housing

SEPTEMBER 14, 2021

In August, consumer prices increased at its slowest pace since February 2021. Prices for several travel-related categories declined in August, as the delta variant spreads. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.3% in August on a seasonally adjusted basis, following an increase of 0.5% in July. Excluding the volatile food and.

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Better Dwelling

SEPTEMBER 14, 2021

Canadian housing supply plays a role in home price growth, but doesn’t explain all of it. The Bank of Canada (BoC) published a paper on Canadian Housing Supply Elasticities. In it the researchers explain supply plays a big role, but not to the extent we’ve seen. Over the short-term, it fails to explain the extreme […]. The post Supplies!

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Banks 132

Realty Biz

SEPTEMBER 14, 2021

What is Active Under Contract? In some places, active under contract indicates that a contract has been signed but is contingent on certain conditions being met before the sale is finalized. In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS). You need to know some things when you are considering a property that is active under contract, and we will clarify them here.

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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.

Development

Point2Homes

SEPTEMBER 14, 2021

Image: Francesco Scatena / Shutterstock.com. Buying a home is often more complicated than you expect. Even if you’re not a first-time homebuyer, it may involve more than you remember, especially if it’s been a while since you last purchased. One potential complication could be the requirement to have the land surveyed before closing on the property.

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Title Land Construction Development 125

RIS Media

SEPTEMBER 14, 2021

When you’re searching for your dream house, you’ll likely spend a good chunk of time touring open houses—and while you may have a list of ‘must-haves’ or ‘no-no’s’ in mind, it’s easy to be distracted by color and/or other cosmetic touches that keep you from noticing more critical factors. Experienced real estate agents know what to look for. But if you’re touring on your own, here are eight things you should definitely be alert to.

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Agents 117

Better Dwelling

SEPTEMBER 14, 2021

Young Canadians aren’t interested in joining the trades, and it’s a big problem. RBC Economics took a look at skilled workers, and the anticipated shortage. The labor shortage isn’t just due to a large demographic cliff though. Not enough young adults are attracted to the field, nor are new immigrants. This squeeze can result in […].

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Realty Biz

SEPTEMBER 14, 2021

For most people, a house is the most expensive investment they will ever make. Obviously, as with every investment, there are always hurdles to negotiate before final decisions are made. And some hurdles can seem unsurmountable, real deal breakers. Take structural problems, for instance. Fundamental problems that affect safety and value can torpedo seller-owner negotiations before they ever get off the ground.

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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.

Industrial

Fancy Pants Homes

SEPTEMBER 14, 2021

A part of Philadelphia’s history is now on the market — and it comes with major Ghostbusters vibes. Recently converted into a light-filled, modern family home, the building at 808 Morris St. in Philadelphia, PA has a rich backstory, having served as a firehouse for close to 80 years. Built in 1874, the former Engine 10 firehouse pays tribute to its public-serving past, retaining its original brick façade — which was lovingly restored by the current owner, a real estate agent sk

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Renovation Design As-is Closing 105

The American Genius for Real Estate

SEPTEMBER 14, 2021

(MENTAL HEALTH) When your system is constantly in a state of unknown, you're in a state of high emotion. After an extended period, exhaustion and burnout set in. The post Living through a pandemic has us ALL on high alert, causing exhaustion appeared first on The American Genius Real Estate.

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RIS Media

SEPTEMBER 14, 2021

What happens when a large segment of the workforce goes virtual for over a year and half? Employee preferences change, and perhaps for the long term. According to a new Zillow report , the work-from-home life is fueling a “Great Reshuffling,” allowing homebuyers to prioritize affordability and space instead of a short commute and shifting moving patterns.

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As-is Industrial Marketing 105

Brownstoner

SEPTEMBER 14, 2021

Council Member Laurie Cumbo agreed to support a proposed development in Prospect Heights after the developers behind the project agreed to shrink the structure’s size -- but members of the local community board still voted no on the proposal, which would bring more than 250 apartments to the site that… Read More > The post Community Board Rejects Proposed 18-Story Tower at McDonald’s Site in Prospect Heights appeared first on Brownstoner.

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Development 105

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Brokerage

The Mortgage Report

SEPTEMBER 14, 2021

Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. So they remain close to the all-time low. Judging from early activity in markets, mortgage rates today may ease […].

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Mortgages Closing Marketing 105

RIS Media

SEPTEMBER 14, 2021

Time is almost up! Your chance to enter a worthy candidate for RISMedia’s 2022 Real Estate Newsmakers ends tonight, Sept. 15 at 11:59 p.m. ET. You still have time to tell us about the fearless leaders and bold practitioners you know who make a difference every day—not only professionally but within your communities. Don’t wait another minute; submit your nominations now!

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Commercial Residential Title Industrial 105

BubbleInfo

SEPTEMBER 14, 2021

They will get some flak in the tony areas but it’s a great way to make 12% commissions on expensive luxury properties ($2,000,000+ minimum) plus management fees. An excerpt: Pacaso announced today that annualized revenue run rate has hit $330 million. In the second quarter of this year, Pacaso drew 1.8 million visits to its […].

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RIS Media

SEPTEMBER 14, 2021

The post 5 Trendy Paint Colors for Your Home Design appeared first on RISMedia.

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Design 103

Advertisement

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

First Team Real Estate

SEPTEMBER 14, 2021

LAGUNA BEACH, CA – Meital Taub and Jill Lockhart of the Meital Taub Luxury Group represented the sellers of 2679 Victoria Dr, closing sale for $9,750,000 on the iconic oceanfront estate overlooking Laguna’s Victoria Beach. As the number one luxury real estate team by sales volume for all of First Team/Christie’s International Real Estate, Meital and Jill were perfectly suited to creatively drive organic exposure to this awe-inspiring home.

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RIS Media

SEPTEMBER 14, 2021

As summer gives way to shorter days and cooler evenings, there is a universal yen to cozy up, hunker down and look for comfy pieces and deeper hues for your home. Decorators offer a palette of ideas for doing a little autumn re-shuffling. Bauhaus Retro – Paying homage to the Bauhaus, a German design school that boomed during the 1920s, this warming look brings in geometric shapes and bold block color.

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Design As-is 101

Brownstoner

SEPTEMBER 14, 2021

This week, our look back at four of our featured listings from six months ago focuses on homes in Flatbush, Dyker Heights, Gowanus and Brooklyn Heights. How did they fare? First up is a third-floor unit in a six-story Flatbush building. The apartment includes multiple exposures, a generous number of closets… Read More > The post Brooklyn Real Estate Six Months Later: Three Sold, One Off the Market appeared first on Brownstoner.

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Marketing 98

RIS Media

SEPTEMBER 14, 2021

It has been fascinating to watch how people have responded to and continue to respond to how COVID-19 has changed the real estate landscape. As a professional speaker, I have always valued myself by the number of events I was hired to speak for. But when the events were in limbo, this became the moment where I decided to use my time to serve others until speaking gigs came back.

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Agents As-is Marketing 98

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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

Brownstoner

SEPTEMBER 14, 2021

This one-bedroom duplex loft unit that once belonged to Brooklyn rapper Biggie Smalls is large, attractively renovated, and boasts a shelf-lined library as well as a wood-burning fireplace, but there's a catch. (Several, actually.) Billed as a two-bedroom in the listing, the unit at 159 Carlton Avenue appears to have… Read More > The post Biggie Smalls’ Loft With Library in Historic Fort Greene Stable Asks $1.7 Million After Reno appeared first on Brownstoner.

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RIS Media

SEPTEMBER 14, 2021

We coach real estate teams of all sizes and production volumes, but they all ask me the same question, “Sherri, how do I grow and scale my team for greater success?” After 26 years of training and coaching hundreds of teams, I can tell you that the difference between a team that is thriving with year-after-year growth versus a team that is stagnate and plateauing (at the same production numbers) boils down to three leadership strategies and a different mindset of trust.

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BubbleInfo

SEPTEMBER 14, 2021

Mike sent out a comparison of mortgage lenders and their quest to disrupt the real-estate-selling business. Here he shows how Rocket is the dominant mortgage lender in the country, and their press release describes their ambition – they think being the jack-of-all-trades will cause them to dominate the space, and now every real estate company […].

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Mortgages 98