Housing Wire
MAY 25, 2022
Despite a decline in mortgage rates last week, mortgage application volume was down 1.2% on a seasonally adjusted basis for the week ending May 20. The decline, as measured by the Mortgage Bankers Association ’s (MBA’s) Market Composite Index, continued to be led by a drop in the refinance share of mortgage activity, which has been consistent for more than two months. .
Keeping Current Matters
MAY 25, 2022
If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life.
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Housing Wire
MAY 25, 2022
The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms. As a result, there are a growing number of tech-driven companies racing to meet the growing demand.
Eye on Housing
MAY 25, 2022
An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. According to first quarter 2022 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area inched down to 2,310 square feet. Average (mean) square footage for new.
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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.
Housing Wire
MAY 25, 2022
The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan. Effective immediately, lenders no longer must send such loan applications to the VA for guaranty approval prior to closing, which should speed up the loan closing process.
Realty Biz
MAY 25, 2022
Virtual reality is often the subject of lots of science-fiction speculation. Today, VR is often in entertainment news thanks to commercially available products, but these are often seen as little more than expensive toys. Yet more and more evidence is pointing towards how VR may intersect with the real estate industry, and not in decades or years, either.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Trends
MAY 25, 2022
Top performing Mesa, Arizona-based Impact Real Estate Team is making the leap from Keller Williams to eXp Realty. The team of roughly 50 agents was the No. 16 ranked mega team in Arizona in 2021, according to RealTrends data , recording nearly $64 million in sales volume. Matt Chick and Jeremy Fuhst are Impact Real Estate’s team leaders and founders.
Housing Wire
MAY 25, 2022
There’s no question that 2022 has seen serious changes to the housing market. Between significantly fewer refinances, rising mortgage rates and housing inventory nearly cut in half since 2020, loan officers (LOs) and brokers face a pivotal time where adaptation is a must for success. In a housing market vastly different from the pre-pandemic period, how can industry professionals position themselves to achieve growth despite these current obstacles?
Brownstoner
MAY 25, 2022
The scaffolding is down, the new windows are in, the extension is complete and the bricks are bright. It’s almost time for Powerhouse Arts to take over its new location at Gowanus’ famed Batcave. The years-in-the-making transformation of the 118-year-old coal-burning MTA powerhouse has been closely followed by the local community… Read More > The post Long Blighted, Newly Revamped Batcave Gets Ready for Debut as Gowanus Arts Center appeared first on Brownstoner.
BubbleInfo
MAY 25, 2022
While the pandemic and world war are raging, the stock market is diving into bear territory, and all media is burying the real estate market, I put two listings on the open market for four days and get three offers on each and sell them both for over list at a time when people are […].
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Sotheby's International Real Estate
MAY 25, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ?. New Canaan, Connecticut | Fatou Niang, William Pitt Sotheby’s International Realty. In Connecticut, a modern farmhouse meets SOHO loft. On 2.65 secluded acres at the end of a long tree-lined driveway sits this stunning modern/contemporary home.
BubbleInfo
MAY 25, 2022
Last week, reader TOB talked about a buyer he knew who walked away from a deal over the Rampart fireplace. Here’s a list of other issues that might be deal-killers, but we try to find a way to solve them before giving up! [link].
Brownstoner
MAY 25, 2022
There are so many endearing details at 386 State Street. Located in Brooklyn's leafy Boerum Hill neighborhood, the townhouse features exposed brick, a central staircase that winds from the ground floor to the top floor, exposed wooden beams, and two wood-burning fireplaces, both with carved marble mantels. The heart of 386… Read More > The post Boerum Hill Townhouse With Wood-Burning Fireplaces, Winding Stair, Deck Asks $2.85 Million appeared first on Brownstoner.
Norada Real Estate
MAY 25, 2022
If you are thinking of buying Birmingham Investment Properties in 2022 , you might be wondering whether it is the right decision or not. Well, for a start let us know a little bit about this beautiful city of Birmingham. It is in no doubt the most populous city in the state of Alabama. Several factors have led to the truth of this statement. It is 330 square kilometers of land and 5.2 square kilometers of water.
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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.
Brownstoner
MAY 25, 2022
With the arrival of warm weather and the surge of in-person events, you can put on your walking shoes and explore Brooklyn history with guided wanders through four neighborhoods this month. The Municipal Art Society has tour offerings in Prospect Heights, Crown Heights North, Red Hook and Gowanus in June. On… Read More > The post Take a Stroll Through Brooklyn History With Four Municipal Art Society Walking Tours in June appeared first on Brownstoner.
The Mortgage Report
MAY 25, 2022
Today’s mortgage and refinance rates Average mortgage rates fell by a worthwhile amount yesterday. And you have to go back to the last week of April to find lower ones. […].
Brownstoner
MAY 25, 2022
In the News The Suspect in a Fatal Subway Shooting Is in Police Custody [NYT] Eric Adams Faces Pressure on New York’s Housing Crisis as Rents Rise [NYT] Viral Video Shows Large Crowd Swarm Greenpoint Open House [NYP] Green Options Come to Brooklyn’s Wedding Industry [Eagle] New Supermarket to Debut on Bed Stuy’s Tompkins Avenue… Read More > The post Daily Links: Luxury Apartments at East New York’s Empire Dairy Move Ahead appeared first on Brownstoner.
The Mortgage Report
MAY 25, 2022
Why is housing inventory so low right now, and what will it take to bounce back? Learn more on The Mortgage Reports Podcast.
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.
Realty Biz
MAY 25, 2022
Challenged to find a suitable home for sale, an increasing number of buyers are looking instead towards more rundown abodes with “good bones” that could potentially be given a lick of paint and a new lease of life. Buyers today are struggling to find good homes for sale. According to the most recent data from the National Association of Realtors, home inventories are at record lows and continue to fall.
The American Genius for Real Estate
MAY 25, 2022
(EDITORIAL) Multi-generational living and landlord co-living has seen a rise in popularity. How are builders keeping up? The post How home builders have adapted to the rise in multi-generational co-living appeared first on The American Genius Real Estate.
Realty Biz
MAY 25, 2022
A Miami-based real estate technology startup is providing new transparency in the process of selecting an agent to help buy or sell a home with the launch of AgentStory , a platform where consumers can access formerly unavailable information about real estate agents in their market. AgentStory’s beta has been so successful that the startup is “putting its money where its mouth is” and virtually guaranteeing the performance of the agents recommended in its MatchIndex score, offering $1,000 to use
The American Genius for Real Estate
MAY 25, 2022
(EDITORIAL) How can you know who your true business friends are? In the cutthroat world of real estate, can you even have people that you can depend on? The post How to tell if your friends in the real estate world are true and genuine appeared first on The American Genius Real Estate.
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 25, 2022
A Home Equity Loan and a Home Equity Line of Credit (HELOC) are not the same thing. In general, a home equity loan is a better financial tool for most consumers. Both are ways to finance large expenses by borrowing against the equity in your home minus closing costs. Equity is the difference between what you owe on your mortgage and what your home is worth.
Mashvisor
MAY 25, 2022
Homeowners list their properties as short sale homes when their values drop below the amount of mortgage owed and they can’t pay it back.
Realtor.com
MAY 25, 2022
Realtor.com. “ House Party” is the official Realtor.com® podcast about the overlapping worlds of home and pop culture, hosted by Rachel Stults and Natalie Way. Click the player above to hear our take on this week’s hot topics. Real Simple senior editor Katie Holdefehr joins us for a deep dive into one of the most pervasive home design trends ever, modern farmhouse.
Mashvisor
MAY 25, 2022
Irvine CA – Leading global property information, analytics, and data solutions company CoreLogic recently released its latest rent prices report.
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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.
Windemere Buying
MAY 25, 2022
There’s a factor of the home buying process that can often be the catalyst for everything that follows. That factor is timing. Much of the dialogue—rightfully so—around buying a home is focused on the “what.” However, it’s often the case that the “when” is just as important. So, when is the best time to buy a house? The answer is simple: the best time to buy is the right time for you.
Mashvisor
MAY 25, 2022
Scared of investing in ugly homes? “Unsellable Houses” reminds us that even the seemingly hopeless properties can be turned into buyer magnets.
Keller Williams
MAY 25, 2022
A consistent social media presence is a critical tool that agents everywhere can use to build their business and maximize leads. Developing content takes time and creativity, but with our calendar of prompts combined with Designs in Command, KW’s library of customizable graphics, you can make having an engaging social media presence feel effortless.
Brownstoner
MAY 25, 2022
Brooklyn’s economic recovery has outpaced that of the rest of the city, with the borough having added more than 100,000 new jobs since the apex of the pandemic in April 2020. But Brooklyn still has a ways to go to fully recover economically from the devastation wrought by Covid-19. The findings… Read More > The post Economic Report Shows Brooklyn Added More Jobs Than Other Boroughs Since the Pandemic appeared first on Brownstoner.
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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