Housing Wire

NOVEMBER 3, 2022

One mortgage M&A expert believes that of the 130 or so IMBs that did $1 billion to $2 billion for production in 2021, 17% of them will not even be able to do $500 million over the 12 months ending June 30, 2023. Up to 30% of the 1,000 largest independent mortgage banks are projected to disappear by the end of 2023 via sales, mergers or failures in the wake of the double whammy of still-rising inflation and interest rates.

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Banks Mortgages Loans Equity 418

Keeping Current Matters

NOVEMBER 3, 2022

It turns out, millennials aren’t the renter generation after all.

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Housing Wire

NOVEMBER 3, 2022

Retail lender and servicer Mr. Cooper has dropped the ax on approximately 800 staffers, roughly a week after hinting that job cuts were coming due to lower origination production. “In the face of market volatility and economic uncertainty, Mr. Cooper Group has taken a disciplined and proactive step to scale back the Originations business, including the elimination of approximately 800 positions,” the company said in a statement. “By aligning our originations operations to the s

Loan Officer 482

Loan Officer Loans Mortgages As-is 482

Eye on Housing

NOVEMBER 3, 2022

The Census Bureau’s latest Survey of Construction (SOC) shows slight changes in the number of full and half bathrooms for new single-family homes started in 2021 compared to 2020. The current data shows that 3.1% of new single-family homes started had one full bathroom or less, 62.6% had 2 full bathrooms, 27.0% had 3 full bathrooms and 7.3% had 4.

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Construction 118

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Development

Housing Wire

NOVEMBER 3, 2022

Rocket Companies , the parent of Rocket Mortgage , lost money in the third quarter and also appears to have lost its title as America’s largest mortgage originator. Rocket originated $25.6 billion in mortgage volume in the third quarter , which was 71% lower than the $88 billion in volume it produced in the same period last year, when refinancing business was still plentiful.

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Principal Mortgages Closing costs Title 397

Brownstoner

NOVEMBER 3, 2022

Over the past six months, 76-year-old Park Place tenant Francis Roberts says he has had sewage bubbling up through his kitchen sink due to broken plumbing and more leaking in front of his bedroom windows from two portable toilets set up outside. He alleges drug deals have taken place in… Read More > The post Crown Heights Landlord Harassment, ‘A Living Hell,’ Includes Sewage, Drug Deals: Lawsuit appeared first on Brownstoner.

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Marketing 111

The Close

NOVEMBER 3, 2022

Zillow Flex is a lead generation option for Zillow Premier Agents that allows them to receive Zillow leads without paying any upfront cost and only paying Zillow after a transaction successfully closes. However, participating agents report Zillow Flex costing anywhere from 25% to 40% of the gross commission. So is it worth it? Zillow Flex is not the first program to offer this referral-style lead generation option, but the major difference is that Zillow has unprecedented traffic and user adopti

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Brokerage Closing Agents Staging 111

Coldwell Banker

NOVEMBER 3, 2022

MarCom Awards recognize outstanding achievement by creative professionals involved in the concept, direction, design and production of marketing and communication materials and programs. The post Coldwell Banker Dream Campaign Wins 2022 Marcom Platinum Award appeared first on Coldwell Banker Blue Matter.

Design 111

Design Marketing 111

Real Trends

NOVEMBER 3, 2022

Casting a wide net in real estate can be a smart strategy. However, in a tight housing market, going broad means stiff competition with everyone vying for the same customers. Niche markets, on the other hand, may not be as competitive, especially if you’re targeting a niche in your specific region. . While some niches, such as luxury real estate, draw in a fair amount of competition, lesser-known niches might not.

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Short sale Real-estate owned Construction Brokerage 111

Tom Ferry

NOVEMBER 3, 2022

With the year we’ve just had, it’s understandable why anyone in this industry would be tired. But instead of slowing down, we know that now’s the time to be getting serious, crafting our business plans and putting in the work to have business lined up for the new year. Question is, where are you going […]. The post Clear Your Space; Clear Your Path appeared first on Tom Ferry.

Industrial 100

Industrial 100

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

Lighter Side of Real Estate

NOVEMBER 3, 2022

If you’ve been wondering if you can start out as a real estate agent part-time until you can get enough business to go full time, the short answer is yes you can. However, you’ll probably also hear that you can’t (or shouldn’t) from people within the industry. Real estate brokers, managers, trainers, gurus, and agents alike will invariably tell you that in order to succeed, you really need to do it full-time.

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Agents Branding As-is MLS 98

HomeLight

NOVEMBER 3, 2022

Disclaimer: This post is meant to be used for educational purposes. Links and mentions of North Carolina flat fee MLS companies in this post do not constitute an endorsement. Individual program details can change — please visit a provider’s website for the most current information on rate packages, fees, service areas, and more. HomeLight always recommends doing your own research to determine which selling option is best for your situation.

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MLS Purchase and sale agreement Agents Sales 98

Real Trends

NOVEMBER 3, 2022

Just three months after officially launching Opendoor Exclusives , an online platform for homebuyers to browse and buy properties being sold by the iBuyer, the company has announced that it will be opening the platform to home sellers as well. As the platform functions now, the homes being sold by Opendoor are available to any consumer through the Opendoor Exclusives platform 14 days prior to the home being listed on the local multiple listing service.

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Earnest money deposit Closing Design As-is 97

Bigger Pockets

NOVEMBER 3, 2022

Landlords got used to rent prices growing every month. As home prices rose and affordability shrank, more landlords took steps to secure their cash flow by increasing rents by sometimes […].

Marketing 95

Marketing 95

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BubbleInfo

NOVEMBER 3, 2022

Of course the current conditions look worse when comparing to the hottest real estate market ever. Having bidding wars on 21% of homes for sale sounds great to me. The discouraging part about Bill’s post today is how the realtors have bought into the negativity. This is the first downturn to be affected by amateurs […].

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Marketing Sales 95

Bigger Pockets

NOVEMBER 3, 2022

By now, you’ve heard about how real estate is a great way to build wealth. I don’t disagree with that. However, before getting started, you should also consider the downsides […].

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RISMedia

NOVEMBER 3, 2022

By Hannah Whittenly When you move into a home that has been previously occupied, some of the items and equipment may be outdated, or in need of repair or replacement. To ensure your home is safe and running smoothly, and guarantee you don’t end up in a money pit, here is some of the equipment […]. The post Moving Into a Previously Owned Home? Here’s Some Equipment You May Need to Replace appeared first on RISMedia's Housecall.

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Bigger Pockets

NOVEMBER 3, 2022

Margin loans, medium-term rentals, and potential mortgage rate mistakes summarize what Carl and Mindy have been up to over the past couple of months. It’s been a minute since we’ve […].

Mortgages 85

Mortgages Loans 85

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Agents

Brownstoner

NOVEMBER 3, 2022

You will get your steps in reaching this fifth floor walk-up, and when you reach the photogenic abode another flight up leads to a private roof deck. In the self-managed co-op at 846 President Street, the one-bedroom unit was renovated with an all-white kitchen, a skylight to bring in more… Read More > The post Renovated Park Slope Rental With in-Unit Laundry, Private Roof Deck Asks $3,250 a Month appeared first on Brownstoner.

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Renovation Marketing 76

Sotheby's International Real Estate

NOVEMBER 3, 2022

Scott Carvill – Carvill Sotheby’s International Realty. Located about 2,500 miles from the U.S. mainland, Hawaii’s remote location makes it the ideal escape from the pace and pressures of ordinary life. Each year, tourists clamor at the chance to experience the verdant landscape, vibrant flowers, white-sand beaches, and balmy temperatures in efforts to replenish the mind, body, and soul.

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Brownstoner

NOVEMBER 3, 2022

Bushwick could be in for its first historic district following a unanimous vote by the Landmarks Preservation Commission to calendar a row of 32 brick and brownstone houses lining Linden Street, between Broadway and Bushwick Avenue. At a Tuesday meeting, commissioners heard from LPC researcher Marianne Hurley how the “remarkably intact… Read More > The post Bushwick’s Linden Street Could Be Area’s First Historic District Following LPC Vote appeared first on Brownstoner.

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Mashvisor

NOVEMBER 3, 2022

If you’re not yet aware of recent market news, home prices are cooling down. As a result, homebuilders expect a similar market slowdown in 2023.

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Marketing Investor Finance Mortgages 73

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Agents

Brownstoner

NOVEMBER 3, 2022

In the News As Housing Costs Soar, Co-Living Makes a Comeback [NYT] These Cakes Have Thorns [NYT] Mackenzie Scott Gives $11 Million to a Brooklyn School [BK Mag] 15th Annual Bushwick Film Festival Returns [BK Reader] Good News for Bushwick Vegans [Bushwick Daily] A Prospect Heights Barbecue Joint Reopens After Burning Down [Eater] Go Inside Flatbush’s Famous… Read More > The post Daily Links: Stretch of Northwest Brooklyn May Get Thousands of New Trees in the Next Four Years appeared f

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Redfin

NOVEMBER 3, 2022

The first thing that probably pops into your mind when you hear the word “corporate housing” is a businessperson decked out in their professional suit, briefcase in one hand and a plain black suitcase in the other, obviously on a business trip and checking into an apartment. . Corporate housing isn’t just for working professionals, it also provides those looking for a short-term rental, whether you’re exploring a new location before moving, taking an internship for a few months

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Design As-is Agents 71

Brownstoner

NOVEMBER 3, 2022

This generously sized duplex penthouse in the heart of Bushwick occupies the third and fourth floors of the recently built boutique condominium at 483 Hart Street. The lower floor of the duplex makes the most of the space with an open-plan living room, dining room and kitchen. It has Brazilian… Read More > The post Modern Bushwick Duplex Penthouse With Private Roof Deck, Balconies Asks $1.295 Million appeared first on Brownstoner.

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Redfin

NOVEMBER 3, 2022

Whether you’re renting an apartment in Baltimore or saving for your first house in Tacoma, WA , sharing a house or apartment with roommates is a great way to mitigate living costs. However, choosing the wrong roommates can make you question if the savings are worth the headache. To prevent a dreadful situation, keep these tips in mind when choosing a roommate. 1.

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Property Management As-is Finance 69

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Sales

The Close

NOVEMBER 3, 2022

Are you curious to know more about Nebraska real estate schools? You can become a licensed real estate agent in Nebraska in less than six months. Just start by completing the 66-hour prelicensing course required to launch your real estate business. You can use our list of the top Nebraska real estate schools to explore everything that’s most important to you, including cost, quality of instruction, convenience, exam preparation, and more.

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Finance Closing Agents Staging 69

Mashvisor

NOVEMBER 3, 2022

As a real estate investor, do you wonder about looking for rental rates by zip code? Read on to learn how to find rent rates by zip code.

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Investor 69

GeekEstate

NOVEMBER 3, 2022

[Editor’s note: Originally published here.]. It’s a common misconception that Building Information Modeling (BIM) is synonymous with the term Digital Twins. In many cases, BIM is considered a part of the construction process, while the concept of Digital Twins suggests real-time data visualization of maintenance and operations. Digital Twin has become a buzzword for any type of digital representation, but this is not entirely true.

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Construction Technology Design Staging 64

The Close

NOVEMBER 3, 2022

Are you ready to launch a real estate career in Mississippi? If so, you’ll start by completing a 60-hour prelicensing course from one of the many accredited real estate schools in Mississippi. You’ll be ready to sit for your license exam in as little as three weeks! Before long, you’ll be exploring a new career in the Magnolia state.

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Agents Closing Design As-is 59

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