Housing Wire
OCTOBER 29, 2021
The housing market continues to be hot in most of the country, but there are signs that the party may be coming to an end. To help better understand what the latest data means for the industry, HousingWire Lead Analyst Logan Mohtashami answered questions about what it all means. The Q&A was hosted in the HW+ Slack channel, which is exclusively available to members.
Keeping Current Matters
OCTOBER 29, 2021
Some Highlights. Applying for a mortgage is a big step towards homeownership , but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different.
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Housing Wire
OCTOBER 29, 2021
Uday Devalla, EVP, Chief Technology Officer at Sagent. Until recently, mortgage servicing was more about cash-flow math than consumer experience. Finally, customer expectations for both push-button simplicity and smart human advice are changing the game. Consumer-first lifetime retention is now our prevailing theme in servicing, which increases both MSR values and lifetime customer value.
Better Dwelling
OCTOBER 29, 2021
Canadian real estate is very overvalued, according to a massive credit rating agency. Moody’s Analytics released its Canadian real estate model this week. The firm’s model shows markets are overvalued by up to 91% across the country. As disastrous as that sounds, the firm isn’t expecting a big housing crash. The baseline model shows low […].
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Housing Wire
OCTOBER 29, 2021
The Consumer Financial Protection Bureau (CFPB) has appointed two veteran regulators to lead enforcement and supervision, the latest indication that Director Rohit Chopra will heavily prioritize fair lending and racial equity issues. The agency announced on Friday that Eric Halperin will be joining the agency as assistant director for the office of enforcement.
GeekEstate
OCTOBER 29, 2021
[Note from the editor: Originally published on Thomvest’s Blog ]. I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This is the third update to the market map and includes over 100 additional companies — a testament to the pace of entrepreneurship in this segment.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
OCTOBER 29, 2021
Spring represents a time of renewal, which is probably the reason why it’s famous for spring cleaning. Spring cleaning is not only limited to family but it’s the time when businesses also make it their mission to clean their offices and buildings to maintain hygiene. One of the most overlooked yet crucial aspects of commercial cleaning is cleaning coils in your commercial HVAC.
Housing Wire
OCTOBER 29, 2021
Reggora. The future of appraisal management is here. Reggora’s appraisal platform for lenders and appraisal vendors delivers unprecedented efficiency and scalability across the entire appraisal process. Leveraging smart automation, powerful integrations, and unique workflows, Reggora customers can quickly scale up or down with demand, while simultaneously driving faster, easier appraisals.
Sotheby's International Real Estate
OCTOBER 29, 2021
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. New York, New York | Stan Ponte, Joshua Judge, & Philip McCarthy, Sotheby’s International Realty – East Side Manhattan Brokerage. The 792-foot skyscraper in downtown Manhattan was built in 1913 by architect Cass Gilbert for entrepreneur Frank Woolworth, and is instantly recognizable for its Gothic façade.
Housing Wire
OCTOBER 29, 2021
JPMorgan Chase recently donated $3 million to the Appraiser Diversity Initiative , putting its financial support behind a growing movement to bring more diversity to the residential appraisal field. The initiative , which is part of a collaboration between the Appraisal Institute , National Urban League , Fannie Mae and Freddie Mac , is intended to attract diverse new entrants into the residential appraisal field, overcome barriers to entry (such as education, training, and experience requiremen
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The Mortgage Report
OCTOBER 29, 2021
Here's how to use a cash-out refinance to buy investment property or a second home in %%currentyear%%. See cash-out refinance rates, rules and lenders.
Housing Wire
OCTOBER 29, 2021
This post originally appeared in HousingWire’s LendingLife newsletter. LendingLife is a daily digest of the most important news and commentary edited and curated exclusively for mortgage loan originators. Join the community ! Hello, LOs! How would you like to be questioned by Congress on Day 13 of your new job? That’s what happened to Consumer Financial Protection Bureau Director Rohit Chopra on Wednesday.
The Mortgage Report
OCTOBER 29, 2021
Today’s mortgage and refinance rates Average mortgage rates rose yesterday, ending a two-day run of falls. That rise wasn’t huge. But it wiped out nearly half Tuesday’s and Wednesday’s combined […].
Housing Wire
OCTOBER 29, 2021
Today, borrowers expect to close fast. A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. HousingWire recently spoke with Dave Steinmetz, Division President of Origination Services for ServiceLink, on what tools lenders should leverage to streamline home equity title and closing.
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Brownstoner
OCTOBER 29, 2021
By Suzanne Spellen (aka Montrose Morris) One of the finest Queen Anne buildings in the Clinton Hill Historic District, 396 Washington Street, along with its twin neighbor at No. 398, were built in the eclectic style in red brick and brownstone as speculative housing for the wealthy. The pair were designed… Read More > The post 396 Washington Avenue: A Brief History of a Fine Queen Anne Townhouse in Clinton Hill appeared first on Brownstoner.
The Mortgage Report
OCTOBER 29, 2021
Is the Freddie Mac CHOICERenovation loan right for you? Here's how the CHOICERenovation loan is different to the HomeStyle and FHA 203 (k) loans.
Realtor.com
OCTOBER 29, 2021
If the idea of ghosts strikes fear in your heart and sends chills down your spine, it's probably best that you avoid these five reportedly haunted homes. The post 5 Haunted Houses You Can Buy Right Now—If You Ain’t Afraid of No Ghosts appeared first on Real Estate News & Insights | realtor.com®.
Eye on Housing
OCTOBER 29, 2021
NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that conventional loans financed 75.7% of new home sales in the third quarter of 2021—the largest share since the beginning of the Great Recession in 2008. The share increased 1.7 percentage points over Q2 2021 (revised) and has risen each of.
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.
Brownstoner
OCTOBER 29, 2021
Elected officials cut the ribbon on the Major R. Owens Health and Wellness Center on October 27, marking the official opening of the recreational facility in the Bedford Union Armory building in Crown Heights. The project, mired in controversy since it was first pitched to Crown Heights residents, is thought… Read More > The post Major R. Owens Health and Wellness Community Center Officially Opens in Bedford Union Armory appeared first on Brownstoner.
Realty Biz
OCTOBER 29, 2021
The time has come for you to move elsewhere and just the thought of searching and finding the right place might cause you anxiety. But, don’t worry, with the right guide you’ll be on your way for a more relaxing and informative journey of finding the right apartment for you and your family. Texas has become one of the fastest population-growing states since 2017, and the cost of living and job opportunities have been quite convenient for many.
Brownstoner
OCTOBER 29, 2021
A one-bedroom for rent on the garden floor of an 1890s Bed Stuy brownstone is well preserved, plus it has outdoor space and modern conveniences. The latter include air conditioning and in-unit laundry. A private entrance leads to the attractive front room, whose original details include woodwork, paneling, a decorative… Read More > The post No-Fee Bed Stuy One-Bedroom With Plentiful Original Details, Patio, Central Air Wants $2,300 appeared first on Brownstoner.
McKissock
OCTOBER 29, 2021
Are you just starting your real estate appraisal career? Last month we asked our appraisal community, “If you could give ONE piece of advice to a new appraiser, what would it be?” Thank you to the large number of appraisers who shared their top tips for new appraisers! Keep reading for a summary of the most common answers we received, as well as quotes from many of the experienced appraisers who were willing to share their wisdom with newcomers to the profession.
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.
HomeLight
OCTOBER 29, 2021
If you’ve been following the real estate market with even a modicum of interest over the last, oh, say, year-and-a-half, it probably hasn’t escaped you that home prices are only getting higher. Many prospective buyers are eyeballing low mortgage interest rates and wondering if now is the time to go ahead and purchase a home — but what if you don’t have a solid down payment saved up yet?
Eye on Housing
OCTOBER 29, 2021
The most recent data release from the Bureau of Economic Analysis (BEA) showed that personal income slumped 1% in September to a seasonally adjusted annual rate (SAAR) of $20.49 billion. This decrease in personal income was largely due to declines in the government social benefits, including economic impact payments and the pandemic unemployment compensation.
Toronto Realty Blog
OCTOBER 29, 2021
TorontoRealtyBlog. I was in the car with clients today and one of them asked, “Do you think the end of quantitative easing by the government is going to have an effect on the market?” I’m going to have to answer that question a lot in the coming days. The words “quantitative easing” appeared in a multitude of newspaper headlines this week, for example: In the Globe & Mail: “Bank Of Canada Ends Quantitative Easing Program, Moves Forward Timeline For Rate
HomeLight
OCTOBER 29, 2021
You’ve found the perfect house, and the seller has accepted your terms. Congratulations — but don’t break out the champagne just yet! You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. The closing process fills several weeks as you navigate through multiple steps to make it to the closing table.
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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.
Eye on Housing
OCTOBER 29, 2021
In the first quarter of 2018, the starting point of the Housing Trends Report, only 16% of buyers expected easier availability for a home in the months ahead. The share soared to 36% by the final quarter of 2020 (during the COVID-19 pandemic), only to drop throughout 2021, reaching 25% by the third quarter. Now, 66% expect that finding the.
Realtor.com
OCTOBER 29, 2021
Not ready to say farewell to your summer garden? Lucky for us, more gardening is joyfully possible. We just need a little help to keep our plants cozy. The post Not Ready To Bid Farewell to Your Garden? 5 Must-Have Fixes To Extend Your Grow Season appeared first on Real Estate News & Insights | realtor.com®.
BubbleInfo
OCTOBER 29, 2021
You know there are agents out there thinking, “Jim, you sniveling little baby – why don’t you just get your buyers to offer more money so they can win the bidding war?” First off, a bidding war is when participants are bidding against each other. What is practiced around here is blind bidding, where buyers […].
Realtor.com
OCTOBER 29, 2021
Ready to fully embrace fall and bring a fresh feel to your outdoor space? Then you’re going to love this week’s Instagram-inspired outdoor trends. The post Autumn on Instagram: 5 Hauntingly Beautiful Outdoor Decor Trends We’re Falling For appeared first on Real Estate News & Insights | realtor.com®.
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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