Tue.Jun 08, 2021

Regions Bank places $1B bet on home renovation market

Housing Wire

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. EnerBank, a Utah-based subsidiary of publicly traded CMS Energy , has loan balances totaling $2.8

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

Keeping Current Matters

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

It’s time to put Computer Vision tech on your valuation radar

Housing Wire

Nearly 200 years ago, one of the great scientists of his time, Charles Lyell, published, “The Principles of Geology.” In this influential work, Lyell extended the notion that changes in the geological record were gradual over time, giving credence to the notion of “uniformitarianism.”.

Count of Open Construction Jobs Near Two-Year High

Eyes on Housing

The count of open construction jobs increased in April to 357,000 unfilled positions, according to data from the BLS Job Openings and Labor Turnover Survey (JOLTS). The housing market remains hot and requires additional labor, lots and lumber and building materials to add inventory.

Non-QM shop Angel Oak Mortgage prepares IPO

Housing Wire

It was barely a year ago that Angel Oak Mortgage and the rest of the non-QM lenders were holding on for dear life. Now, the Atlanta-based lender is looking to raise $165 million as part of an independent public offering.

Home Maintenance: 11 Things You Should Address Immediately

Redfin

Your home is your sanctuary and maintaining it is paramount, especially if you ever plan on selling your home in the future you’ll be sure to want top dollar for it.

99

More Trending

The New Normal for listings is endless evolution

Inman

Over the past 20 years, listings have gone from a single photo in a newspaper to having dozens of images, interactive features and 3D tours. The only constant now is change. Read the latest in our New Normal series, and join us next week at Inman Connect when we take the conversation live.

MLS 135

Verus Title plants roots in Dallas-Fort Worth

Housing Wire

North Carolina-based Verus Title , a subsidiary of Fathom Holdings , has added offices in the Lone Star State.

Title 208

I Need to Sell My House Fast, What Are My Options?

HomeLight

In a big hurry to sell your home? Even in today’s hot seller’s market where homes attract offers in as few as 16 days , it takes around 2-plus months to sell a house from list to close. And that doesn’t account for the weeks needed to clean, paint, and tidy up the property for its market debut.

How tech can improve the title experience without removing the human element

Housing Wire

One of the biggest challenges facing title services is the rapidly changing landscape. Historically, title has been slow to adapt to technology – however, COVID-19 drove the adoption and implementation of digital solutions.

Title 208

How Are Sellers In The Current Market REALLY Doing?

Homes.com

Just how much are sellers in the current market REALLY reaping hefty benefits? Homes.com surveyed 1,600 respondents from across the country to find out. . The post How Are Sellers In The Current Market REALLY Doing? appeared first on Homes.com.

Content specialist Neel Dhingra to speak at engage June 17

Housing Wire

Growing your personal brand is an important skill in a purchase market, which is why we’ve invited Neel Dhingra, a top producing manager at All Western Mortgage , to speak at HousingWire’s annual engage.marketing on June 17.

7 reasons you don’t want to miss Inman Connect next week

Inman

CEOs of KW, Opendoor, Compass, Realogy, The Agency, RE/MAX and more will speak at the virtual Inman Connect next week. Join us!

How fix’n’flip loans could help expand housing inventory

Housing Wire

With tightened housing stock supply, the competition for home buyers is fierce this year. Low rates and increased demand mean prices are soaring on what stock is available – and what’s available isn’t staying on the market for long. One issue is that among the low inventory, there are even fewer homes that are move-in ready, said Keith Lind, executive chairman and president of Acra Lending. “We We actually have a lower inventory of homes that people really want to live in turnkey,” Lind said.

Loans 176

4 Maintenance Tasks to Perform on Your Home Before You Sell

RISMedia

By Meghan Belnap There are important repairs you need to take care of to ensure you sell your home. Although the housing market is extremely hot right now, a house that has been poorly maintained may lower your sale price drastically.

The Silent Agony of Selling a Home That Feels Like, Well, Home

Realtor.com

Christina Vercelletto I was pregnant with our second child when my husband and I started looking for our forever home. At the time, we were in a small apartment we’d long outgrown, and wanted all the suburban trappings of family life.

97

Exchange now helps financial advisers find clients a mortgage

Inman

Financial advisers should be experts not just on investing but borrowing, and real estate financing is likely to be their clients' greatest need, the Envestment Credit Exchange's backers say.

Built in 1687, Red Farm on Martha’s Vineyard Is the Week’s Oldest Home

Realtor.com

realtor.com Serene, secluded, and stylish, Red Farm on Martha’s Vineyard dates to the 1600s and is the oldest listing of the week on Realtor.com®. The gorgeous 21-acre farm on the desirable isle features a main house built in 1687.

Pair of condos on Billionaires’ Row in Manhattan sells for $157.5M

Inman

A mystery buyer bought two condos at 220 Central Park South, one for $82.5 million and another for $75 million, in one of the biggest sales in the city's history. Lifestyle Listings Luxury Luxury Lens 220 Central Park South Igor Tulchinsky Olshan Realty Robert A.M.

Sales 93

FAA eases rules on drone use, creating more opportunities for real estate marketing

Realty Biz

Some tech-savvy real estate agents have already been using drones to create aerial videos and photos that enhance their listings. Now, their use could be expanded by new Federal Aviation Administration rules, the National Association of Realtors reported last week.

Mortgage delinquency rates continue to improve: CoreLogic

Inman

After an uncertain year amid the pandemic, mortgage delinquency rates are just now starting to recover. Markets & Economy Mortgage News Brief corelogic CoreLogic Loan Performance Insights report Dr. Frank Nothaft frank martell mortgage delinquency

Can stipend income be used to qualify for a mortgage?

The Mortgage Report

Stipend income typically doesn't count as income for a mortgage. But it might still help you qualify. Here's what to know before you apply. About Mortgages Buying a home Mortgage Strategy

NAR, Updater partner to provide real-time relocation data to Realtors

Inman

The trade group will be able to use "pre-move" data to inform reports on migration patterns and housing demand. MLS & Associations Select Technology David Greenberg great reshuffling homeownership lawrence yun moving NAR national association of realtors relocation rentals updater

MLS 88

Summer real estate blog topics every agent should consider

Easy Agent Pro

Getting sick of hearing that one? Especially in the real estate industry it seems that all the SEO in the world won’t get the average agent to the front page of the Google search results. A coveted spot, for sure, but one that most agents will never reach by using the most popular real estate terms.

Compass shows up in Missouri with offices in Kansas City, St. Louis

Inman

Compass has launched its first markets in Missouri with 40 agents across Kansas City and St. Louis. This is Compass' eighth new market since its IPO. Brokerage Industry News Select Uncategorized Billy Schmidt compass Compass expansion Kansas City real estate market expansions Missouri St.

Minimalist Home Interior: Designing a Space that Promotes Living with Less

Redfin

Now that it’s summer, you may have forgotten about your New Year’s resolutions to keep your home organized and embrace a more minimalist home interior.

Norman Flynn, former NAR president, dies at 79

Inman

As president of NAR, Flynn focused much of his efforts on tackling housing affordability, supporting bills to reinstate a housing policy in order to further the American dream of homeownership.

Maywood Park: A City within a City

The Living Room

With a population of only 995 residents, the City of Maywood Park is nestled in a corner of the world that was once on the outer edge of Portland.

Land 56

California Regional MLS gets closer to statewide goal

Inman

The High Desert Association of Realtors will no longer operate its own MLS and its 1,700 members are now CRMLS subscribers. MLS & Associations Select art carter California Regional MLS crmls hdaor hdmls high desert association of realtors high desert mls larry mason mls consolidation

MLS 88

A Five Year Journey to Becoming a Homeowner

The Living Room

My super special buyer Ta’ Neshia contacted me in early April to see if I could help her complete her long journey of buying her first home.

10 of the most luxurious log cabins on the market

Inman

While many of us still associate log cabins with going off the grid, the modern reality is often much more luxurious and expensive. Design Listings Luxury Luxury Lens Becky Bracken log cabins log mansions realtor.com

Who Pays Whom? Find out who pays the real estate agents, after all!

The Living Room

It is not uncommon for a buyer or seller to be confused about real estate agent fees, who pays them, and when. Let’s find out: Who pays the commissions? For homebuyers, you will luckily not need to pay either agent. The seller pays both the listing agent and the buyer’s agent at the settlement table.

Out-of-town movers head for cheaper areas with larger homes

Inman

A greater share of movers than usual left the suburbs for more rural neighborhoods in 2020, according to a new study released Tuesday by Zillow. Markets & Economy Select Jeff Tucker moving North American Van Lines rural suburban urban urban exodus Zillow

What Makes Pinterest a Powerful Platform for Real Estate Marketing

RIS Media

If you look over any real estate agent’s social media marketing plan, you will likely see a strong focus on Facebook, LinkedIn, Instagram and Twitter. However, these aren’t the only platforms where you can attract more prospects.