RIS Media
MAY 11, 2022
Mortgage credit availability decreased in April according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. Key stats: The MCAI fell by 3.2% to 121.1 in April. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.
Housing Wire
MAY 11, 2022
Prospective homebuyers aren’t deterred by the skyrocketing mortgage rates amid a slow start to the spring home-buying season this year. The Market Composite Index, a measure of loan application volume, rose 2 percent on a seasonally adjusted basis for the week ending May 6, from the previous week, according to the Mortgage Bankers Association. Conventional, Federal Housing Administration (FHA) and Veterans Affairs (VA) purchase loan application volume led the gain in mortgage application volume
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Keeping Current Matters
MAY 11, 2022
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs.
Housing Wire
MAY 11, 2022
Texas-based multichannel lender Caliber Home Loans is accusing Ohio-based CrossCountry Mortgage of executing an “illegal scheme of unfair competition” by targeting its employees, stealing trade secrets and diverting customers. The accusations are part of a lawsuit filed in May in the U.S. District Court for the Western District of Washington in Seattle.
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Realty Biz
MAY 11, 2022
An interesting listing description is likely to get more attention from a buyer than one that is not. When you’re selling a home, the description of your property is very important. In fact, the description is of equal importance to the listing photos. You want to make sure that people see what they’re looking for and that you’re portrayed in the best light possible.
Housing Wire
MAY 11, 2022
In this hot housing market, Michigan-based wholesale lender Homepoint understands the key to originating more home loans is ensuring more sellers accept offers made by its buyers. To do that it relies on the two words sellers increasingly want to hear: “All cash.” But how does an all-cash offer benefit a mortgage lender? Dubbed the “Homepoint Cash Compete,” the fintech platform provides home shoppers with the cash needed to compete with investors and other more attractive
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MAY 11, 2022
Title insurers big and small can’t seem to escape rapidly deflating refinance volume, but Fidelity National Financial still pulled out the second-best quarter ever for title revenue in Q1 2022. Fidelity ‘s title sector saw the number of refinance orders opened per day during the first quarter of 2022 drop by 57% compared to Q1 2021. The number of purchase orders opened per day dropped 1% year over year, while the number of commercial orders opened per day rose 6% compared to a year p
The American Genius for Real Estate
MAY 11, 2022
After two rounds of layoffs, a restructure to join MLSs, and swirling rumors regarding leadership, staffers tell us the company has crumbled. The post Has REX Homes finally ceased operations? appeared first on The American Genius Real Estate.
Housing Wire
MAY 11, 2022
Qualia Connect. Qualia Connect enables lenders to deliver better borrower experiences by giving them control and transparency over the title & escrow process. With Qualia, you can now move loans through the title process faster by automating otherwise manual steps such as order placement as well as standard requests for documents and information.
Lighter Side of Real Estate
MAY 11, 2022
If you’ve been considering buying a house — or if you’re actually in the process — you’ve probably heard two things quite a bit lately: Interest rates are on the rise. They’re still historically low. Yes, they are still historically low, but that doesn’t change the fact that they’re higher than if you’d just bought a house a little while ago. Kind of painful to hear, huh?
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.
Housing Wire
MAY 11, 2022
BeSmartee Mortgage Marketplace. Lenders can leverage BeSmartee’s Mortgage Marketplace to solve for automation challenges by providing anonymous rate search tools for their loan officers, increasing online application conversion rates and offering borrowers an easier, faster and more transparent mortgage experience. Product Fast Facts. #1. The borrower can get live rates before they fill out the application. #2.
Realty Biz
MAY 11, 2022
Smart home technologies are revolutionizing real estate. According to a recent study, about 69% of U.S. households have a smart home device. Out of the 83 million households with smart devices, 22 million homes have more than one smart home gadget. Homeowners are not the only people benefiting from smart home technologies. Realtors are also trying to capitalize on the emergence and development of this technology.
Housing Wire
MAY 11, 2022
After record-breaking volumes in 2020 and 2021, lenders are now feeling a pinch once again. As profit margins tighten, lending professionals are seeking out solutions to increase efficiencies wherever possible. HousingWire Content Solutions Managing Editor Maleesa Smith had the chance to talk with Bob Jennings, executive of underwriting solutions for CoreLogic, who shared what lenders should prioritize in this environment.
Sotheby's International Real Estate
MAY 11, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ?. McLean, Virginia | Mark Lowham, TTR Sotheby’s International Realty. Rugged granite cliffs and panoramic views of the Potomac River set the stage for this exceptional estate which has been described as one of the most beautiful homes on the East Coast.
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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.
Housing Wire
MAY 11, 2022
Customer Intelligence. Customer Intelligence is the only all-in-one sales and marketing platform purpose built for modern lenders and banks. Key customer insights trigger customizable workflows, allowing lenders to take action with messaging based on a customers unique financial situation at that moment in time, allowing you to deliver the right message, to the right customer, at the right time.
BubbleInfo
MAY 11, 2022
The smoke stack and the rest of the Encina Power Station have been demolished. What does this mean for Carlsbad? Before agreeing to support the approval of the new plant, the city negotiated an agreement with NRG and SDG&E to help ensure the project would provide the greatest local community benefit possible. Some of the […].
Housing Wire
MAY 11, 2022
Accounting Automation. CoreLogic Complete Collateral technology platforms include a comprehensive accounting automation solution designed to streamline the borrower’s experience and improve relationships with appraisers. By eliminating distractions in your collateral-related accounting process, your lending organization can spend less on invoice processing, avoid accounts payable overhead, and simplify tax record management.
Maximum Exposure Real Estate
MAY 11, 2022
Container homes are becoming more and more popular. Many people want to know how much a container home costs. There are many reasons why people are building shipping container homes. These homes can be inexpensive to create and provide a comfortable living space while being portable. The architecture of the building is unique and appeals […]. The post What Will Building a Container Home Cost?
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.
Housing Wire
MAY 11, 2022
Total eClose with AutoPrep solution. Total eClose has everything you need for a paperless eMortgage in one, comprehensive, eClosing solution. Via our AutoPrep solution, we can absorb data and documents, from any source and in any format, and e-enable those documents for eSignature, eDelivery, and other digital processes. AutoPrep opens the door to an efficient, end-to-end eClosing workflow.
Real Trends
MAY 11, 2022
Fired man employee hiding behind box with personal items, layoff. REX Homes , which has claimed that a conspiracy between the National Association of Realtors and brokerages prevents true competition in real estate, is perhaps adding evidence to its own legal analysis. Last Friday, the brokerage that lets home sellers pay less than the 5-6% of the typical home sale price commission, announced over Zoom that the vast majority of its 180 workers would be laid off, according to phone interviews wit
The Mortgage Report
MAY 11, 2022
Today’s mortgage and refinance rates Average mortgage rates fell again yesterday, bringing worthwhile gains that were similar to Monday’s. You now have to go back to the final days of […].
Eye on Housing
MAY 11, 2022
Consumer prices increased at a somewhat slower pace in April, the smallest monthly increase since August 2021, though inflation remains near a 40-year high. The food at home and shelter index rose at their fastest pace since November 1980 and April 1991. Though gas prices have fallen from their March highs, the pace of inflation will likely stay high in.
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.
Realty Biz
MAY 11, 2022
In the business world, retargeting is a digital marketing technique that uses sophisticated methods for increasing your brand exposure to anyone who has visited your website in the past. Thanks to a combination of web coding and related automated technologies, retargeting tracks visitors once they leave your site and then serves targeted ads to those visitors that relate back to your website.
RIS Media
MAY 11, 2022
Editor’s Note: The following insights are from RISMedia’s latest Premier exclusive report, “ Social Media & Digital Trends for 2022 ,” and include excerpts from Section 1: Setting Yourself Up for Success & Section 4: Where to Spend Social Media Marketing Dollars. In today’s real estate landscape, it is crucial for real estate agents, brokers and brands to have a strong presence in the digital space.
Toronto Realty Blog
MAY 11, 2022
TorontoRealtyBlog. I can already hear the complaints about this blog post on the real estate Facebook groups. For the record, I’m not a part of any of these groups. Thousands of agents are, and there are some big groups! But I find them to be inherently negative, often in denial, and they often want to ignore market truths. Every so often, a colleague will say, “You should see what so-and-so said about you on this-that Facebook group!
RIS Media
MAY 11, 2022
The runup on home prices and mortgage rates continues to weigh on the minds of aspiring homebuyers as buyer sentiment took another dip in the last month, according to recent data from Fannie Mae. The organization’s Home Purchase Sentiment Index (HPSI) decreased by 4.7 points to 68.5 in April, its lowest level since May 2020, as surveyed consumers expressed heightened concerns about housing affordability and rising mortgage rates.
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The Mortgage Report
MAY 11, 2022
Everything you need to know as a Kansas first-time home buyer, from home prices to loan options and down payment assistance.
RIS Media
MAY 11, 2022
The most common time to list a home is during the spring selling season. However, timing doesn’t always work out as expected. If you’re considering selling your home during the summer instead, it comes with its own pros and cons. Explore the benefits and drawbacks of selling your home during the summertime. Pros of Selling Your Home During the Summer: Capitalize on a Low Inventory Market.
Brownstoner
MAY 11, 2022
In the News Mayor Adams Aims to Build 30,000 Affordable Housing Units [NYDN] Park Slope's The Bagel Shop With Famed ‘Rainbow Bagel’ Closes [BK Paper] Brooklyn District First in City to Release Its Own Climate Plan [Gothamist] $27 Million Ida Fund for Immigrants Gives Less Than $2 Million [City Limits] Dave & Buster's at… Read More > The post Daily Links: Mayor Pledges to Create 30,000 Affordable Apartments a Year appeared first on Brownstoner.
RIS Media
MAY 11, 2022
Mortgage Applications increased for the second consecutive week, according to the Mortgage Bankers Association’s (MBA) most recent Weekly Mortgage Applications Survey. The 2% increase in mortgage applications builds on the 2.5% climb from the previous week after continuous decreases for the prior eight weeks. Key findings: The market Composite Index increased 2.0% on a seasonally adjusted basis from one week earlier.
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.
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