Easy Agent Pro

FEBRUARY 22, 2022

The media love to tell us that housing is unaffordable to the average Joe or Mary. Two groups of Americans know this first-hand: Real estate buyers’ agents and Millennials. A recent Clever Real Estate report takes stock of the state of the housing market for the latter and found that “Millennials are willing to make rash decisions to afford a home in a competitive market, including buying a home sight unseen (90%), purchasing a fixer-upper that needs major repairs (82%), and offering over asking

Inspection 106

Inspection Renovation Loans Agents 106

Housing Wire

FEBRUARY 22, 2022

The S&P CoreLogic Case-Shiller 20-city price index posted a 18.6% year-over-year gain in December, up marginally from 18.3% the previous month. The index increased 1.5% from November 2021. The national home price index showed similar helium, with an 18.8% growth rate between December 2021 and December 2020, basically in line with price growth in November.

Finance 421

Finance Mortgages As-is Marketing 421

Keeping Current Matters

FEBRUARY 22, 2022

Many things have changed over the past couple of years, and real estate is no exception.

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Marketing 229

Housing Wire

FEBRUARY 22, 2022

The residential construction industry is facing a crisis as builders manage the critical shortage of building materials and labor. Explosive supply and labor costs are forcing long delays and leaving builders out of pocket, as the United States’ property fervor drives insatiable demand. . Many people are referring to this time as a ‘profitless boom’ for the building industry.

Construction 410

Construction Residential Industrial As-is 410

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Agents

Eye on Housing

FEBRUARY 22, 2022

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. Recent data confirms this impact on the market continues to occur. According to fourth quarter 2021 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area increased.

Residential 142

Residential Design As-is Marketing 142

Housing Wire

FEBRUARY 22, 2022

Servicers’ forbearance portfolio volume continued to drop in January, but some borrowers exiting plans are still facing financial challenges. The total number of loans in forbearance decreased by 11 basis points, from 1.41% in December to 1.30% in January, according to the Mortgage Bankers Association (MBA). In total, about 650,000 homeowners were in forbearance plans as of January 31.

Loans 409

Loans Staging Mortgages Industrial 409

Housing Wire

FEBRUARY 22, 2022

With rising interest rates and compressed margins, many lenders are looking to their servicing business to grow revenue. However, working with borrowers exiting forbearance programs adds another layer to an already complex process which could raise costs. Lenders who want to thread the needle between the different interests of borrowers, investors and regulators need smart, efficient mortgage software solutions to meet their servicing goals.

Commercial 392

Commercial Investor Loans Mortgages 392

Brownstoner

FEBRUARY 22, 2022

Construction workers are preparing to begin work tearing down the Brooklyn Detention Complex in Boerum Hill, which comes as the latest step in the the long-term plan to close Rikers Island. North Star, the demolition company contracted to tear down the jail and build an interim secure entry point known as… Read More > The post Workers Will Remove Asbestos Before Demo of Brookyn Detention Complex in Boerum Hill appeared first on Brownstoner.

Construction 111

Construction Closing Development 111

Housing Wire

FEBRUARY 22, 2022

Nonbank mortgage servicer Ocwen agreed to pay $1.5 million to settle a class action lawsuit regarding alleged phone conversations recorded without clients’ consent. Plaintiff Gregory Franklin filed the lawsuit in the United States District Court for the Northern District of California in 2018. He claimed that the company violated California’s Invasion of Privacy Act by recording outgoing calls to his cell phone without authorization.

Mortgages 384

Mortgages Staging Loans Finance 384

The Mortgage Report

FEBRUARY 22, 2022

Can you get preapproved for a mortgage multiple times? You bet! In fact, in today's market, you may need to do so many times.

Loans 120

Loans Mortgages Marketing 120

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

FEBRUARY 22, 2022

Federal finance and housing regulators today issued a statement to assure lenders they are on the same page when it comes to special purpose credit programs. The missive from the Federal Reserve , the Federal Deposit Insurance Corporation , the Office of the Comptroller of the Currency , the Consumer Financial Protection Bureau , the Department of Housing and Urban Development , the Department of Justice and the Federal Housing Finance Agency urged creditors to “explore opportunities to develop

Lending 378

Lending Finance Development Mortgages 378

RIS Media

FEBRUARY 22, 2022

Change is in the air. That message came through loud and clear at Massachusetts-based Broker/Owner Anthony Lamacchia’s “Crush It In Real Estate” kickoff event, as both Lamacchia and another consummate real estate expert, billion-dollar mortgage broker Shant Banosian of Guaranteed Rate, urged real estate professionals to begin preparing for a very different kind of market sometime in the next couple years.

Marketing 98

Marketing Pre-approval Mortgages Agents 98

Housing Wire

FEBRUARY 22, 2022

CoStar continues to grow and make money, and if you don’t like it – tough. “Like any company we have people who decide the demands of the environment are not for them and that’s fine,” said Andy Florance, CoStar’s CEO, on the company’s earnings call Tuesday. . Florance was alluding to a Business Insider article that claimed CoStar is overbearing in keeping tabs on employees who work remotely amid the Covid-19 pandemic.

Residential 329

Residential MLS Commercial Brokerage 329

Brownstoner

FEBRUARY 22, 2022

For about the price of a townhouse, here's a 19th century apartment up to modern snuff that doesn't stint on convenience, comfort or historic details. Built in 1897, it's been modernized with an open kitchen, arches and some fun bathroom tile, but the woodwork and floors remain -- as does the… Read More > The post Big, Airy Three-Bedroom With Two Baths in 1897 Clinton Hill Elevator Building Asks $1.899 Million appeared first on Brownstoner.

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Sales

RIS Media

FEBRUARY 22, 2022

JPAR Real Estate announced the launch of a new marketing and technology platform, created in partnership with kvCORE. This new platform will include several components, including: JPAR – Connect, Powered by kvCORE: Designed for both mobile and desktop usage. The system is modeled on kvCORE’s own Customer Relationship Manager (CRM) system and will permit seamless data transition for prior kvCORE users.

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MLS Technology Development Design 98

Brownstoner

FEBRUARY 22, 2022

In the News MTA Plans G Train Upgrades to Aid Queens, Brooklyn Commutes [NYDN] Roll-N-Roaster Changes Iconic Fries, Leaving Locals Fuming [BP] Comfort Food to Go, at Zaza Lazagna in Cobble Hill [New Yorker] New Mexican Eatery Ensenada Opens in Williamsburg [Greenpointers] Literary Tastemaker Who Saved Brooklyn’s Oldest Indy Bookstore Retires [JTA] New Map Highlights 400-Plus… Read More > The post Daily Links: MTA Set to Bring Upgrades to the G Train appeared first on Brownstoner.

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RIS Media

FEBRUARY 22, 2022

NAR PULSE—REALTORS® are community advocates who commit to a code of ethics. Get the updated 2022 Code of Ethics materials today at Your REALTOR® Store! Save 10% when you buy the 2022 Code of Ethics Bundle. Share with your agents ! Social & Digital Media Survey Results. RPR® has released its latest survey results on how REALTORS® use social and digital media.

Brokerage 98

Brokerage Agents Industrial 98

Brownstoner

FEBRUARY 22, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Brooklyn Heights, Midwood and Clinton Hill. How did they fare? First, this two-bedroom prewar apartment on one of Brooklyn Heights’ fruit streets has a sunken living room, recently renovated kitchen and windows… Read More > The post Brooklyn Real Estate Six Months Later: Two Sold, One in Contract, One Still Available appeared first on Brownstoner.

Renovation 98

Renovation Marketing 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

FEBRUARY 22, 2022

Network with fellow managing brokers (independent and franchised) and learn new concepts to benefit your business, agents and clients from industry insiders in beautiful, sunny downtown Phoenix, Arizona, April 5 – April 6, 2022! Learn more and hurry to register. Seats are filling up: www.nar.realtor/brokersummit. The post Register Today for the REALTOR® Broker Summit!

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Industrial Agents 98

REM Online

FEBRUARY 22, 2022

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Realtor Janet Ellerbeck retires, then raises millions of dollars for Hudson community. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction.

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Lighter Side of Real Estate

FEBRUARY 22, 2022

Being a landlord hasn’t been easy over the past couple of years. Not that it’s ever entirely easy, but local and federal pandemic mandates and eviction moratorium made it harder to even collect rents, let alone raise them. But according to recent survey data highlighted in this Realtor Magazine article , landlords plan to substantially raise rents this year, and all signs point to tenants being willing and able to pay higher rents.

Mortgages 96

Mortgages Marketing Sales As-is 96

REM Online

FEBRUARY 22, 2022

The following content may have been republished here without the author's permission. The original post can be found at the following URL: 9 ways owners can grow their home’s value without degrading their wellness. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. It’s essential for homeowners to learn how to turn their home into a wealth accumulation tool.

Banks 96

Banks Renovation 96

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

Real Trends

FEBRUARY 22, 2022

Bluffton, South Carolina has historically been known for being a place between here and there. Located on the banks of the May River, it has largely been overshadowed by Savannah, Georgia, about a 30 minute drive, and Hilton Head Island, the Lowcountry tourist mecca replete with beaches and natural splendor. “Pre-COVID, the majority of the people that I worked with were either local or else they were planning retirement,” said Beth Drake, a local Keller Williams agent.

Agents 94

Agents Marketing Banks Finance 94

Sotheby's International Real Estate

FEBRUARY 22, 2022

Sotheby’s International Realty is pleased to announce that its global network achieved a record US$204 billion in 2021 global sales volume, a 36% increase in sales growth year over year, as U.S. cities saw a resurgence of interest following the pandemic and sales activity in secondary and resort markets around the world remained strong. The brand’s U.S. sales volume grew by 33.8% year over year, significantly outpacing NAR’s national increase of 20.6% from the prior year,¹ underscoring the brand

Sales 89

Sales Marketing As-is Branding 89

Fancy Pants Homes

FEBRUARY 22, 2022

A two-home compound in La Crescenta, Calif. has recently hit the market — and it has so many interesting elements to it that we don’t even know where to start. From its distinctive, futuristic architecture to its famous rock star owner, all the way down to a Richard Neutra connection that anchors it firmly in the past, one thing’s for sure: there’s nothing ordinary about this $9.8 million property.

Design 88

Design Renovation As-is Closing 88

Realty Biz

FEBRUARY 22, 2022

Institutional investors in the U.S. are snapping up as many homes as they can possibly find, but even then, it’s not enough, as high demand continues to outpace supply. A report from Redfin shows that investors bought up 18.4% of all homes for sale in the U.S. in the fourth quarter, amounting to a record high share of the market. Investors see a big opportunity to turn homes for sale into rentals amid sky-high demand.

Investor 87

Investor Sales As-is Marketing 87

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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

FEBRUARY 22, 2022

Today’s mortgage and refinance rates Average mortgage rates inched lower last Friday. But they closed that day a little higher than they had seven days earlier. Still, we’re having a […].

Mortgages 86

Mortgages Closing 86

McKissock

FEBRUARY 22, 2022

Did you know? McKissock’s Unlimited Learning Members enjoy 24/7 access to online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources covering a wide range of topics—such as completing the URAR, mastering appraisal math, adopting new technologies, and appraising specific kinds of properties, to name a few. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your career.

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Residential Sales Technology As-is 78

Realty Biz

FEBRUARY 22, 2022

ERA ® Real Estate , a global franchising leader within the Realogy family of brands, today announced the affiliation of ERA Real Estate Modo. The company is based in Myrtle Beach, S.C., and serves the “Grand Strand,” which consists of Myrtle Beach, North Myrtle Beach, Surfside, Garden City, Murrells Inlet, Litchfield and Pawleys Island. Broker/Owner Brian Piercy started his real estate career in 2003, specializing in new development and oceanfront condominiums.

Branding 77

Branding Technology Agents Residential 77

BubbleInfo

FEBRUARY 22, 2022

San Diego had the fifth highest year-over-year gain in 2021, behind metros with much lower price points (Phoenix, Tampa, Miami, and Dallas). Our month-over-month gain in December was #1 nationwide (tied with Miami). San Diego Non-Seasonally-Adjusted CSI changes Observation Month SD CSI M-o-M chg Y-o-Y chg Jan ’20 264.04 +0.2% +5.1% Feb 265.34 +0.5% +4.6% […].

Sales 81

Sales 81

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