Housing Wire
APRIL 3, 2023
Last week was relatively calm for the housing market after the fiasco of the banking crisis. Housing demand grew and inventory levels fell again while mortgage rates rose. Here’s a quick rundown of the last week: The 10-year yield battle continues as bond yields rose early in the week only to close below 3.50% on Friday. Mortgage rates rose to 6.57%.
Real Estate News
APRIL 3, 2023
Apart from an early-pandemic spike in moves, mobility has continued to decline for decades, particularly among young renters.
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Housing Wire
APRIL 3, 2023
Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., put more pressure on home prices. According to the Black Knight’s mortgage monitor report, home prices rose 0.16% nationally in February compared to the month prior, marking the first monthly increase after seven months of declines.
Real Estate News
APRIL 3, 2023
If you're not investing in cybersecurity, your business may be vulnerable to a breach. Preventive measures are key to protecting your data and your firm.
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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.
Housing Wire
APRIL 3, 2023
Rocket Mortgage is throwing a big incentive at spring homebuyers, offering them up to $10,000 in closing cost credits if they work with a real estate agent through its affiliate, Rocket Homes. Through Rocket’s new “BUY+” program, clients who obtain purchase financing from Rocket Mortgage and find a home with a Rocket Homes partner real estate agent, will receive a credit equal to 1.5% of their loan amount to put toward closing costs, helping defray upfront costs.
Keeping Current Matters
APRIL 3, 2023
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Inman
APRIL 3, 2023
As a luxury agent, how can you deliver the personalized service that ensures your clients will never want to work with anyone else? Here are my thoughts.
Housing Wire
APRIL 3, 2023
The tumult in the banking industry set off by the failure of Silicon Valley Bank (SVB) on March 10, followed two days later by the collapse of Signature Bank , has sparked fear in the markets over a potential broader contagion infecting the entire financial industry — and ultimately the U.S. economy. For independent mortgage banks [IMBs], the uncertainty of the direction the banking calamity will take and its impact on the housing-finance market remains an open question.
Inman
APRIL 3, 2023
The lender's new "BUY+" program provides closing credit of up to $10,000 to homebuyers working with one of more than 20,000 Rocket Homes Partner Agents, it was announced Monday.
Housing Wire
APRIL 3, 2023
Cornerstone Servicing , a division of recently formed Cornerstone Capital Bank , has launched a subservicing business, the company announced Monday. “Our goal is to ensure every homeowner has the support they need to make informed decisions and manage their mortgage with ease,” Toby Wells, president of Cornerstone Servicing said in a statement. “With proactive engagement and intuitive technologies , our customizable subservicing solutions are uniquely designed to eliminate common pain points for
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.
Inman
APRIL 3, 2023
Coldwell Banker embraces a diverse network of agents and broker-owners. Liz Geringher recently connected with several of them as part of her mission to continue to humbly learn and uplift voices.
Housing Wire
APRIL 3, 2023
SoFi Technologies announced Monday that it had acquired fellow digital lender Wyndham Capital Mortgage in an all-cash transaction. The acquisition will allow SoFi to broaden its suite of mortgage products available to members, enhance unit economics, and take ownership of a scalable digital mortgage platform, the company said in a statement. In doing so, SoFi will rely less on third-party partners and processes.
Inman
APRIL 3, 2023
The National Association of Realtors' 2023 Profile of Home Staging reveals a quarter of all staging efforts yield additional profits of up to $18,935 for a median-priced home.
Housing Wire
APRIL 3, 2023
The mortgage industry still faces the same cyber security threats as it did over the last 10 years. In turn, efforts to strengthen infrastructure and security are becoming even more important, experts emphasized on Monday at the Mortgage Bankers Association (MBA) Technology Solutions Conference Expo in San Jose, California. Phishing — a form of social engineering where attackers deceive people into revealing sensitive information installing malware — still remains one of the most common ways t
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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.
Inman
APRIL 3, 2023
This first wave of expansion will include Florida, Pennsylvania, New Jersey, North Carolina, South Carolina and Connecticut. SERHANT. has also brought on local teams across those states.
Housing Wire
APRIL 3, 2023
With Congress deadlocked on multiple high-profile issues, including raising the “debt ceiling,” it’s unlikely that any legislation that could help close the homeownership gap for Black Americans will be passed. In turn, Lydia Pope, president of the National Association of Real Estate Brokers (NAREB), is urging mortgage lenders to accelerate special purpose credit programs (SPCPs) to boost Black homeownership rates and help close the wealth gap between Black and white Americans.
Inman
APRIL 3, 2023
Natalie Cariola joins Stake after serving as a C-level executive at Zumper for the past 6 years, the company exclusively told Inman. "I am excited to bring Stake’s win-win solution to communities and renters across the country.
Housing Wire
APRIL 3, 2023
Mortgage lenders are fighting brutal market conditions, but lenders shouldn’t be pulling back on tech investments. That was the message mortgage and solutions executives emphasized on Sunday during the Mortgage Bankers Association ’s (MBA’s) Technology Solutions Conference & Expo in San Jose, California. Consumers’ demand for a digitized mortgage experience that cuts time and costs is growing, even if it’s tough sledding for lenders right now.
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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.
GeekEstate
APRIL 3, 2023
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Fractional] A collaborative community-driven real estate investing marketplace, Fractional allows for friends and investing communities to share knowledge and collaborate on co-owning real estate together. Providing a path to becoming a real estate investor for a minimum investment of $5,000, its social platform includes built-in tools for discovering partners, mortgage financing
Real Trends
APRIL 3, 2023
Over half of buyers’ agents (58%) report that staging a home has an effect on most buyers’ view of the home most of the time, according to the National Association of Realtors ’ 2023 Profile of Home Staging report. Another 31% of respondents reported that home stage has an effect on buyers but not always. The report is based on a survey sent out to a random sample of 43,176 active NAR agents in January 2023.
Coldwell Banker
APRIL 3, 2023
Buying a house on the links means more than just enjoying acres of lush greens, sparkling ponds and well-manicured hills in your own backyard. There are other important factors to take into consideration before making the decision to join a golf course community. Environment Remember that the beautiful surroundings come with their own unique inhabitants […] The post Score a Hole in One When Choosing a Golf Course Home appeared first on Coldwell Banker Blue Matter.
Maximum Exposure Real Estate
APRIL 3, 2023
Mortgage Mistakes to Avoid When Buying a Home A mortgage is one of the most significant financial responsibilities you’ll acquire. Despite this, there are still some major mortgage mistakes many people make every day. To buy a house, you should do your best to avoid these pitfalls. Your mortgage will be with you for probably […] The post 11 Mortgage Mistakes To Avoid When Buying a House appeared first on Maximum Real Estate Exposure.
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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.
Lab Coat Agents
APRIL 3, 2023
The spring season is one of the busiest times for real estate agents. Homes are more likely to sell during this time of year due to the changing weather and the end of the school year. Take advantage of this peak season by focusing on engaging with potential clients. Even if you’ve been in the business for decades, there are always new ways to build your client base and improve your business strategies.
Broke Agent Media
APRIL 3, 2023
BAM Key Details: Restb.ai has launched its AI-powered Property Descriptions technology to make it easier than ever for U.S. and Canadian real estate agents to automate the creation of property listing descriptions. As a key part of Restb.ai’s MLS Suite , Property Descriptions uses computer vision technology to detect over 300 property details to create detailed descriptions in seconds.
Fancy Pants Homes
APRIL 3, 2023
Adam Sandler might be known as the king of laid-back fashion but when it comes to his real estate portfolio, this funnyman does not play around. The 56-year-old actor, best known for his comedic roles in timeless flicks like Big Daddy, The Waterboy, Happy Gilmore , Mr Deeds, The Longest Yard, Grown Ups, is now starring in the hyped Netflix-made action-comedy Murder Mystery 2 , which reunited him with his co-star, former FRIENDS actress Jennifer Aniston.
Broke Agent Media
APRIL 3, 2023
In 2022, social media (specifically TikTok) become the preferred search method for Gen Z, surpassing the ever-mighty Google. It’s a trend that will likely grow stronger this year. According to HubSpot’s 2023 Social Media Trends Report : 87% of social media marketers think consumers will search for brands on social media more often than on search engines in 2023 24% of consumers aged 18-54 already use social first when searching for brands 36% of Gen Z consumers use social media to search for bra
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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.
Bigger Pockets
APRIL 3, 2023
Managing real estate rentals from a distance used to be a daunting task. With the advent of technology, it has become much easier to manage your properties from afar. Technology has revolutionized the way we do business, and real estate is no exception. Today, there are many tools and software available to help you manage your properties and tenants remotely.
Real Trends
APRIL 3, 2023
It has been three years since the COVID-19 pandemic lockdown and three years since I started this video series. At the time, Altos published the videos because we assumed the housing market was about to crater. There were massive layoffs, businesses were shut down and the onset of the COVID-19 pandemic so I wanted to make sure everyone had the real data to keep track of what was actually happening.
Bigger Pockets
APRIL 3, 2023
A preschool teacher turned rental property millionaire!? You wouldn’t believe it at first.
HomeLight
APRIL 3, 2023
Enjoying this episode? Be sure to follow The Walkthrough : Apple Podcasts/iTunes | Spotify | YouTube About This Episode In this unpredictable market, there are things you can still do right now to predict a successful 2023. This week on The Walkthrough, Master Coach Verl Workman of Workman Success Systems shares the strategies and systems that will grow your business and increase your profits in 2023.
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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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