Realty Biz

JANUARY 25, 2022

In 2021 the average home buyer viewed a median of eight homes before purchasing one, the lowest number on record. That’s according to new research from the National Association of Realtors vice president of demographics and behavioral insights. She said in 2009 and 2011, the average buyer viewed a median of 12 homes before setting on one to buy. At that time, of course, buyers had far more housing inventory to choose from.

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Technology As-is 79

Housing Wire

JANUARY 25, 2022

The Community Home Lenders Association (CHLA), which represents small and mid-sized IMBs, just sent a letter to the Federal Housing Finance Authority (FHFA) , asking for tweaks to FHFA’s recently announced fee hikes on second home and high balance Fannie Mae and Freddie Mac loans. CHLA asked FHFA for targeted adjustments to the fee hikes to protect middle income borrowers.

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Marketing Fixed-rate mortgage Banks Loans 370

Keeping Current Matters

JANUARY 25, 2022

Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home.

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Housing Wire

JANUARY 25, 2022

By all accounts, most mortgage companies enjoyed a solid 2021 and likely generated decent cash over the last two years. But how that cash was conserved will dictate a company’s long-term viability. As we move forward into 2022, I believe cash will truly be king in the mortgage industry. There’s already been widespread margin compression with agency conventional products due to the declines in refinances, while government margins will likely start compressing soon as well.

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Mortgages Loans Loan Officer Industrial 370

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Agents

Eye on Housing

JANUARY 25, 2022

Only 15% of buyers were looking for a newly-built home at the start of 2018, but that share shot up to 42% by the final quarter of 2020 (after the start of the pandemic). Since then, however, interest for new construction has fallen steadily, as costs for building materials – especially lumber – have experienced double-digit growth. By the final.

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New Construction Construction 129

Housing Wire

JANUARY 25, 2022

With the recent news about desktop appraisals, appraisal technology is top of mind for many. HousingWire recently spoke with Reggora co-founder and CTO Will Denslow about the role of technology in appraisal innovation. HousingWire: The FHFA announced late last year that desktop appraisals will become permanent, and Fannie Mae also just released guidelines regarding the change.

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Technology Industrial Development Inspection 370

Housing Wire

JANUARY 25, 2022

Another week, another sign of consolidation in the housing title industry. Old Republic Title announced Monday that its subsidiary, Old Republic National Title Insurance Company , acquired the operating assets of Mountain View Title & Escrow, Inc. on Friday. The financial terms of the deal were not disclosed. This acquisition adds nine office locations and 86 employees to Old Republic’s existing network that includes more than 270 branch and subsidiary office locations nationwide.

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Title Land Industrial Marketing 369

The American Genius for Real Estate

JANUARY 25, 2022

Seller safety is an overlooked topic that the industry should focus on to create an overall secure transaction for all, from meeting to closing. The post Safety concerns are top of mind for realtors, but what about our clients? appeared first on The American Genius Real Estate.

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Coldwell Banker

JANUARY 25, 2022

Grab your board, sunscreen, beach towel and a floppy hat! Surf is up in this coastal paradise called Dominical, Costa Rica. Dominical has a refreshingly relaxed vibe with incredible surf, local craft breweries, and some of the most amazing local artisanal coffee products. The sleepy but vibrant coastal town of Dominical is the beach-lover’s hidden gem in Costa Rica.

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As-is 105

Brownstoner

JANUARY 25, 2022

Four dogs have reportedly died after contracting a fatal bacterial disease, and many canine owners are frantically speculating that they all contracted the infection while visiting the McCarren Park dog run in Williamsburg. North Brooklynites raised the alarm on social media early last week after three dogs had been diagnosed… Read More > The post Locals On Alert After Deaths of Dogs Who May Have Been Sickened by Rats in McCarren Park appeared first on Brownstoner.

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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

RIS Media

JANUARY 25, 2022

Editor’s Note: The following is a commentary by Carlos Martin, project director for the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University. The Remodeling Futures Program seeks to produce a better understanding of the home improvement industry and its relationship to the broader residential construction industry.

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Construction Industrial Residential As-is 98

Brownstoner

JANUARY 25, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Prospect Heights, Bay Ridge, Bed Stuy and Prospect Park South. How did they fare? For those who prefer clean, modern finishes, this Prospect Heights co-op seems more thoughtfully converted than the typical… Read More > The post Brooklyn Real Estate Six Months Later: Two Sold, Two in Contract appeared first on Brownstoner.

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Marketing 105

RIS Media

JANUARY 25, 2022

Despite reports of a deceleration, experts indicated that November’s busy housing market continued to drive up price-tags homes by double digits, according to the most recent S&P CoreLogic/Case-Shiller Indices. The organization reported that home prices climbed 18.8% in November, down from 19.0% the prior month. The 10-City Composite increased by 16.8%—down from 17.2% in the previous month— while the 20-City Composite recorded an 18.3% price gain compared with the 18.5% seen in October.

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Marketing Mortgages Industrial As-is 98

The Close

JANUARY 25, 2022

According to Salary.com and Indeed.com, the average real estate broker salary in the United States is $68,256. In addition to a base salary, managing real estate brokers in the U.S. earn an average of $42,000 in commission income, making their total average compensation reach $110,256. California brokers lead the nation, earning a median income of $127,556, inclusive of both salary and commissions.

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Brokerage Closing Agents Sales 98

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Sales

RIS Media

JANUARY 25, 2022

The housing market has surged in the past year or so, and it shows no signs of slowing down. Homes are disappearing off the market faster than they have in years, and they are selling for more than before. According to a recent Realtor.com study , October 2021’s median listing price was $380,000. That’s a 22% increase since the start of the COVID-19 pandemic.

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Marketing As-is Industrial Agents 98

The Close

JANUARY 25, 2022

Want to work with all-cash buyers who scoop up multiple properties per year, close fast, and won’t drag you to open houses every Sunday? As long as you’re willing to learn some new skills, then working with real estate investors might just be the best career move you’ll ever make as a realtor. Don’t get me wrong—this is not a get-rich-quick scheme for new agents and it certainly isn’t for everyone.

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RIS Media

JANUARY 25, 2022

If you’ve ever met a farmer, particularly one from a dry part of the world, you know they always keep at least one eye on the sky. They are constantly watching the weather, divining from even the slightest change in wind direction or temperature what the chances of rain might be. Farmers like these get to be pretty good at reading the weather. They have to, otherwise they might make unwise decisions about what crops to plant and when to plant them.

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Development Agents Marketing As-is 98

Louisville Homes

JANUARY 25, 2022

A common question many homeowners have is, “Can I put a fence on my property?” And rightly so, there’s the old adage, “ Good fences make good neighbors. ” So, before you start digging or calling a fence company to do the work for you, there are a few things you should know about fencing and your property line. The American Dream suggests having a white picket fence is a must. | Photo by Scott Webb.

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Principal Land As-is Residential 98

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

RIS Media

JANUARY 25, 2022

Above: Asa Fleming. Photo by AJ Canaria of MoxiWorks. The term “affordable housing” often carries a negative connotation with it, one typically rooted in racist stereotypes. Changing that starts by changing consumers’ perspectives through education, says Asa Fleming, a REALTOR® with Allen Tate REALTORS® in North Carolina. We sat down with Fleming back in November during the National Association of REALTORS® (NAR) 2021 Conference & Expo, where he discussed his position at th

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Waterfront Properties

JANUARY 25, 2022

If you enjoy international coastal cuisine you must try Lola 41 Palm Beach. Lola 41Palm Beach is a Nantucket favorite restaurant which also has a Palm Beach address. It offers avant-garde seafood and other dishes at the award-winning boutique hotel, White Elephant, 280 Sunset Avenue, Palm Beach. Indulge in innovative dining and feed your senses with refreshing cocktails, meals, and poolside offerings.

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RIS Media

JANUARY 25, 2022

Fathom Realty has announced the launch of intelliAgent 2.0, the company’s next-generation proprietary, all-in-one technology platform designed to simplify all aspects of brokerage operations and agent transaction management. Accessible anytime, anywhere and on any device, intelliAgent 2.0. features an enhanced CRM system that intuitively allows agents to better serve existing and prospective clients, as well as a host of new marketing resources for building and customizing personalized web

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Technology Brokerage Agents Property Management 98

The Mortgage Report

JANUARY 25, 2022

Learn about the upfront costs of buying a home so you know exactly what you need to save for as a first-time home buyer.

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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

RIS Media

JANUARY 25, 2022

On average, 48.59% of people seeking a home equity loan or HELOC across the nation’s 50 largest metros cited making home improvements as their primary reason. This is according to a new report by LendingTree that analyzed home equity loan (HELOC) offers made by lenders to LendingTree users through the entirety of 2021. When a homeowner uses the LendingTree platform to look for a home equity loan or HELOC lender, the company asks the user to select one of five reasons why they’re seeking the mone

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Equity Loans As-is Industrial 98

Realtor.com

JANUARY 25, 2022

Getty Images Buying a home is very likely the largest and most important purchase you will ever make—and the prospect may seem more daunting today than ever. Odds are, you’ve heard that the housing market is blazingly hot right now. People are picking up and moving in record numbers, yet with the number of listings down 27% from a year earlier, buyers are caught up in bidding wars and ballooning prices.

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RIS Media

JANUARY 25, 2022

The Consumer Financial Protection Bureau (CFPB) announced last week that it will begin examining the operations of post-secondary schools, such as for-profit colleges, that extend private loans directly to students. The CFPB is issuing an update to its exam procedures including a new section on institutional student loans, the organization reported.

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Lending Loans Banks Industrial 98

Fancy Pants Homes

JANUARY 25, 2022

Located between Riverside and Central Park, the Upper West Side of Manhattan in New York City is known for its ample green space and popular attractions like the Natural History Museum and Lincoln Center. But this chic uptown neighborhood is also home to one of NYC’s longtime landmarks: the Dakota Building. Often dubbed “the most famous apartment building in New York City,” the Victorian-era German Renaissance co-op apartment is located on the northwest corner of 72nd Street an

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Land Design As-is Construction 98

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Agents

RIS Media

JANUARY 25, 2022

When it comes to ancient ruins worth seeing, you might think of the Parthenon in Greece, the Great Wall of China or Machu Picchu in Peru. But it may surprise you to know you can see some pretty amazing ruins right here in the United States. If you’d like to go exploring without going too far, consider a few of these destinations. Bighorn Medicine Wheel, Wyoming – In summer, after the snow melts, visit the state’s Bighorn National Forest, where you can see limestone rocks mysteriously scatt

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Construction Design As-is 98

Waterfront Properties

JANUARY 25, 2022

The Florida Renaissance Festival in Deerfield Beach, just 3 miles from Boca Raton, offers an opportunity to immerse yourself in another world. This fair is filled with artisans, performers, and lots of family fun activities inspired by another place and time. This popular event is scheduled for weekends from February 5 - March 20, 2022, at Quiet Waters Park, 401 South Powerline Road in Deerfield Beach.

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RIS Media

JANUARY 25, 2022

Homeowners insurance applies to a house that’s occupied. If you will be away from home for an extended period of time, you should get in touch with your insurance company before you leave the house empty. You may need to modify your insurance coverage so you will be covered if a loss occurs. An Unoccupied or Vacant House Is Riskier for Insurers. If your house is empty for a significant amount of time, there is a greater likelihood that you will file a claim.

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Realtor.com

JANUARY 25, 2022

Realtor.com Simply delicious! A classic Georgian Colonial built in 1710, with a beehive fireplace in the kitchen, takes the title of this week’s oldest home on Realtor.com®. In need of a “minor refresh,” this historic gem awaits a buyer who desires a great big helping of Rhode Island history. With its beautiful, deep-red exterior, the residence is located on thriving Thames Street, just steps along the cobblestone streets to downtown Newport and the waterfront.

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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