RIS Media

APRIL 28, 2022

Tomas Barrientos. Managing Broker. HomeSmart TuCasa Realty. Tulsa, Oklahoma. [link]. Region served: Oklahoma. Years in real estate: 17. Number of offices: 2. Number of agents: 59. How did you come to partner with HomeSmart, and how has that helped mold your brokerage? . During the pandemic, we tried to find a new way to present something fresh with technology that was simple enough that our agents would understand, while also offering 100% commission with a flat transaction-fee plan.

Agents 98

Agents Brokerage Technology Inspection 98

Housing Wire

APRIL 28, 2022

Homebuyers can secure a home mortgage using cryptocurrency as collateral through a new partnership between blockchain real estate platform Propy and crypto wallet service Abra. The Abra Borrow platform allows customers to use crypto as collateral to borrow U.S. dollars with flexible repayment terms and interest rates as low as 0%, Propy, a real estate blockchain startup headquartered in Palo Alto, California, said in a release.

Mortgages 372

Mortgages Equity Technology Investor 372

Keeping Current Matters

APRIL 28, 2022

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market.

Marketing 227

Marketing 227

Housing Wire

APRIL 28, 2022

builder confidence, housing starts, homebuilder, builder, lumber, construction costs. D.R. Horton , the nation’s largest homebuilder by gross revenue and total closings, this week released its second quarter earnings for the fiscal year, which executives deemed “outstanding,” despite ongoing supply chain challenges , “a very tight labor market ,” and the massive uptick in mortgage rates.

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Construction Closing Sales Investor 359

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Agents

Eye on Housing

APRIL 28, 2022

Housing’s share of the economy edged higher at the start of 2022 due in part to a surprise drop in growth. For the first quarter of 2022, overall GDP growth declined at a 1.4% annual rate, driven by increased inventories and a jump in imports. Housing’s share of GDP increased to 16.7%, somewhat off a 14-year high of 17.8% during.

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Housing Wire

APRIL 28, 2022

A combination of home price appreciation, inflation, and low housing inventory continued to dent homebuyers’ ability to buy homes in March. The trend of a decrease in homebuyer affordability is forecast to persist in the coming months, hitting first-time buyers the most. . The national median monthly mortgage payment settled in loan applications rose 5% to $1,736 in March from $1,653 the previous month, according to a survey published Thursday by the Mortgage Bankers Association.

FHA loan 358

FHA loan Loans Mortgages Marketing 358

Housing Wire

APRIL 28, 2022

After a record breaking year in 2021 , 2022 is off to a slow start for “big four” title insurer First American Financial. The firm generated $2 billion in total revenue during the first quarter of 2022, unchanged from a year ago. Net income, however, was a different story. During the first quarter of 2022 , First American saw $98 million in net income compared to $234 million a year ago.

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Title Commercial Closing Loans 356

Fancy Pants Homes

APRIL 28, 2022

In 2019, after a lengthy seven-year development phase, critically acclaimed comedy-drama, Russian Doll , made its first appearance in our Netflix queues. Like many others, I immediately binged all eight episodes and fell head over heels down the stairs in love with the show. This wildly funny, morbidly intriguing tale of two strangers stuck in a deadly time loop had me hooked for so many reasons.

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Title Construction As-is Development 105

Housing Wire

APRIL 28, 2022

Nonbank mortgage lender and servicer Mr. Cooper Group reported net income of $658 million in the first quarter of 2022, increasing its profits by a factor of four compared to the $155 million recorded in the previous quarter. The performance reflects gains with mortgage servicing rights (MSR) and a deal with the fintech Sagent , which offset lower profitability related to originations, according to the quarterly earnings filing with the Securities and Exchange Commission (SEC) on Thursday.

Principal 350

Principal Mortgages Equity Closing 350

The Close

APRIL 28, 2022

In today’s tight inventory market, trying to help buyers with financing and limited funds feels a little like getting into a boxing match with Mike Tyson. While losing a deal to a cash offer might not hurt as much as getting punched by Mike Tyson, it’s still frustrating for your buyers, and more work for you. After getting punched in the face a few times, you have to decide to either quit or come up with another strategy.

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Rent back Closing costs Finance Agents 104

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

Housing Wire

APRIL 28, 2022

Ryan Schneider, CEO of Realogy. Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. That seemed to be the message of Realogy Holding Corp.’s quarter one earnings just as the stock markets opened early Thursday morning. The Madison, New Jersey-based conglomerate whose name brands include Corcoran , Sotheby’s International Realty , and Coldwell Banker , among others, posted $23 million in net income for the first three months of 2022.

Mortgages 348

Mortgages Brokerage Investor Agents 348

Eye on Housing

APRIL 28, 2022

In the first quarter of 2022, real GDP declined for the first time since the pandemic recession, as inflation surged to a 40-year high and supply chain disruptions remain persistent. This quarter’s decrease reflected a deceleration in private inventory investment, decreases in exports and government spending and an increase in imports. According to the “advance” estimate released by the Bureau.

Residential 101

Residential 101

Housing Wire

APRIL 28, 2022

As the first quarter unfolded, macroeconomic risks created strong headwinds for mortgage companies. The greatest concern is quickly rising mortgage rates, resulting in overall margin compression and essentially a nonexistent market for refinances. Fannie Mae forecasted in early March that mortgage rates would approximate between 3.7% and 3.9% this year, but by April 7, the national average for a 30-year mortgage had already reached 4.72%.

Industrial 341

Industrial Mortgages Loans Equity 341

The Close

APRIL 28, 2022

There’s just something about door knocking for real estate that strikes fear into the hearts of new agents. “What if they slam the door in my face?” “I don’t want to bother anybody…” “What if they don’t like me??!!!”. We hear you, really we do. Nobody wants to feel humiliated just to get leads. But what if I told you rock star Beverly Hills agent Ben Bacal used door knocking to land clients like Leonardo DiCaprio and even knocked on Keanu Reeve’s and Grant Cardone’s doors?

Agents 98

Agents As-is Closing Marketing 98

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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

Housing Wire

APRIL 28, 2022

Colorado Springs, Colorado. The original uploader was Postoak at English Wikipedia., CC BY 2.0 <[link] via Wikimedia Commons. Due to rising mortgage rates, soaring home prices and low inventory, the title insurance industry is falling precipitously from the record highs achieved during the pandemic. But Stewart Information Services Corporation , the smallest of the nation’s “Big Four” title insurers, has planned for this inevitability.

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Title Commercial Technology Marketing 338

First Team Real Estate

APRIL 28, 2022

Dana Point is one of the most well-known California beach cities. This idyllic city in southern Orange County is replete with many gorgeous beaches, luxurious amenities, sweeping ocean views, and laid-back surf culture. If you’re new to this city or looking to buy a Dana Point home, you’ll be in the midst of plenty of amazing beaches in Dana Point to go to on a warm summer day.

As-is 98

As-is Sales 98

Housing Wire

APRIL 28, 2022

Ohio-based Union Home Mortgage is the latest in a string of lenders this week to institute workforce reductions. “The residential housing market has turned quickly due to historically low inventory of homes for sale and a rapid rise in interest rates due to inflation,” Cindy Flynn, chief marketing and communications officer, said in a statement. “We, like other companies in our industry, are temporarily adjusting staffing levels to accommodate rapidly changing marketplace conditions and business

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Mortgages Loan Officer Residential Loans 316

RIS Media

APRIL 28, 2022

A new survey shows that many Americans are having a tough time getting along with a neighbor, whether it’s vibes, noise or rudeness. In fact, 23% of Americans have called the police because of their neighbors, according to the newest LendingTree survey. But on the bright side, even though 73% of Americans dislike at least one of their neighbors, 74% are friends with at least some of them, the survey shows.

Marketing 97

Marketing Industrial Agents 97

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

Housing Wire

APRIL 28, 2022

Nonbank mortgage lender and servicer Ocwen Financial Corporation reported a $58 million profit in the first quarter, according to preliminary quarterly results released Thursday. The company greatly bettered the $2 million loss in the fourth quarter of 2021 and increased its profits by a factor of six compared to the $8.5 million in net income reported in the first quarter of 2021.

Principal 301

Principal Mortgages Industrial 301

Brownstoner

APRIL 28, 2022

A garden two-bedroom has white walls, parquet floors and a variety of perks, including a dishwasher, in-unit laundry and backyard with horizontal fence. It's on the first floor of a four-story, four-unit 1890s brownstone at 161 Pulaski Street in the north center of Bed Stuy near the G train. A… Read More > The post Bed Stuy Two-Bedroom With Laundry, Garden, Horizontal Fence Asks $3,000 a Month appeared first on Brownstoner.

Marketing 97

Marketing 97

RIS Media

APRIL 28, 2022

The first three months of the year proved to be a boon for Realogy Holdings Corp, which was able to carry some of its momentum from last year in the first quarter of 2021 and tally significant revenue growth in Q1 2022. According to its latest earnings report, the company earned $1.6 billion in revenue in Q1 2022, tallying a 6% increase from the same period last year and a company record for first-quarter performance to boot. “Realogy demonstrated continued momentum in our strategic transf

Title 96

Title Lending Equity Industrial 96

Brownstoner

APRIL 28, 2022

The chic yet relaxed interior of this townhouse triplex began with a unique concept. New homeowners, a couple with a young child, came to Gowanus-based design firm General Assembly wanting to capture "how New York felt in the '50s and '60s, when the area had a Bohemian vibe, not as… Read More > The post The Insider: Boerum Hill Townhouse Refresh Evokes an Arty Era With Deep Color appeared first on Brownstoner.

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Design Renovation 97

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

REM Online

APRIL 28, 2022

The following content may have been republished here without the author's permission. The original post can be found at the following URL: REM suspends publication, regular updates to RealEstateMagazine.ca. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. We will be suspending regular updates to our website and email newsletters, starting today.

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Realty Biz

APRIL 28, 2022

Founded in 1977, Crye-Leike is a full-service real estate company that expanded from humble beginnings in Memphis, to occupy over 130 branches throughout the Southeast region. Founded by Harold Crye and Dick Leike, the company offers clients expertise in buying, selling, renting, international resettlement, property management, commercial, insurance, mortgage, title, auction, and corporate relocation services.

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Commercial Property Management Title Sales 94

RIS Media

APRIL 28, 2022

Mortgage rates edged down this week, but only slightly and remaining above the 5% mark, according to the results of this week’s Primary Mortgage Market Survey ® (PMMS ® ) from Freddie Mac, released Thursday. The survey shows the 30-year fixed-rate mortgage (FRM) averaged 5.10% this week. Key findings: 30-year fixed-rate mortgage averaged 5.10% with an average 0.8 point as of April 28, 2022, down slightly from last week when it averaged 5.11%.

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Fixed-rate mortgage Mortgages Banks Investor 94

Brownstoner

APRIL 28, 2022

In the News Adams Offers Vision for NYC Recovery in ‘State of the City’ Speech [NYT] Downtown Brooklyn Celebrates Car-Free Earth Day [Eagle]. Mental Health First Responders Program Coming to Central Brooklyn [BP] Mexican Bistro Xolo Opens in 'Burg [Greenpointers] The Bed Stuy Olympian Paving the Way for Today’s Young Runners [BK Reader] MTA to… Read More > The post Daily Links: MTA to Make Up for Lost Ridership Revenue by Reducing Fare Evasion appeared first on Brownstoner.

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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.

Agents

The Mortgage Report

APRIL 28, 2022

You don't need a perfect credit score to refinance. Here are the credit scores needed to refinance with each major loan type.

Loans 112

Loans Mortgages 112

RIS Media

APRIL 28, 2022

Editor’s Note: This is part of a monthly video series from the NATIONAL ASSOCIATION OF REALTORS ® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily News. The REALTOR® L.E.A.D. (Learn, Elevate, Accelerate, Deliver) Courses were created by NAR thought leaders to inspire, motivate, train and educate aspiring leaders at every level of the association.

Technology 92

Technology Industrial Agents 92

Brownstoner

APRIL 28, 2022

Ten new car-free Open Streets are headed to Brooklyn by this summer, bringing miles of streets open to bikers, pedestrians, and community life to the borough’s already-thriving Open Streets program. “This weekend, we will celebrate Car-Free Earth Day in New York City, but I want to thank the dozens of community… Read More > The post Brooklyn’s Open Streets Total Reaches 47 With New Car-Free Zones Announced appeared first on Brownstoner.

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Realty Biz

APRIL 28, 2022

Do you own a real estate business that isn’t getting the volume of customers you had hoped for? Do you want to work on building brand awareness in the hopes that can turn things around? One of the best ways to market any company right now is through social media, in particular Instagram. When used properly, Instagram marketing can prove to be an effective tool that your real estate business was missing out on.

Marketing 89

Marketing Branding Design As-is 89

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