Housing Wire
APRIL 27, 2021
Last year, during the throes of COVID-19, I expended many words arguing that the U.S. economy would be OK despite the dark period we were in. We just needed patience. We aren’t in a housing bubble. Today we are enjoying the most remarkable comeback of the U.S. economy, which almost no one saw coming. The America is Back Economic Model and the 10-year yield should share the Oscar for best performance.
Realtor.com
APRIL 27, 2021
iStock One of the biggest hurdles in buying a home is coming up with a down payment—the large chunk of cash that’s typically required to secure a mortgage for a house. Fortunately, most lenders today offer a wide range of down payment options for 5%, 10%, 15%, or 20% of the price of the house. For many first-time home buyers , a government-backed FHA loan can be obtained for as little as 3.5% down.
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Housing Wire
APRIL 27, 2021
A homebuyer report from Bank of America shows that 51% of young homebuyers aged 18 to 43 value community and friendly neighbors when deciding whether or not to pull the trigger on a new home. Also in the survey, which polled 2,000 adult homeowners and prospective homebuyers, just 33% of older generations (defined as ages 57 to 75) said community had become more important over the past year. “Along with a desire for more space and smart home technology, individuals are looking for a sense o
The Mortgage Report
APRIL 27, 2021
Buying a house can take anywhere from a couple months to half a year or longer. It depends on local markets and how prepared you are. Here's what to expect.
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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
APRIL 27, 2021
Better, faster, cheaper has long been the promise of technology in the mortgage industry. Some may argue whether today’s technology is that much better than the tools we used in the past, particularly in the servicing business where many still use platforms designed and first built decades ago. Likewise, others will argue over whether today’s tools are cheaper, given the high cost of loan origination.
Point2Homes
APRIL 27, 2021
Image: Photographee.eu / Shutterstock.com. When it comes to decor, you don’t have to be an expert to have a home that looks well put together. But there are a few basic rules that designers follow that make a room feel balanced and cohesive. These designer secrets aren’t hard to apply and will take a space from merely functional to absolutely fabulous.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realtor.com
APRIL 27, 2021
Getty Images Everyone wants to get in early on the next big thing, whether it’s the latest electronic gadget or an online currency that’s about to take off. And real estate is no different. All across the country, prices are rising to new heights as the number of homes for sale has dwindled to new lows. While offers of over asking price have become practically standard in this turbocharged market—one in which the COVID-19 pandemic has led many folks to seek out larger homes with more
Housing Wire
APRIL 27, 2021
Home prices continue to increase across the country, as the latest S&P CoreLogic Case-Shiller Home Price Index report showed a 12% annual gain in February — up from 11.2% in January. It’s the ninth straight month of increasing prices. The 12% home price gain is the highest recorded increase since February of 2006. The 10-city composite annual increase came in at 11.7%, up from 10.9% in the previous month.
Realtor.com
APRIL 27, 2021
Getty Images If you’re fortunate enough to have a home with a patio, you’ve probably been using it more than ever. Since the COVID-19 pandemic forced many of us to spend more time at home, outdoor living areas have afforded homeowners and renters a measure of freedom. Patios have become a place where we can relax, exercise, meet with friends, or start a new hobby like gardening.
Housing Wire
APRIL 27, 2021
Legislation in Congress would try to solve for inconsistencies in appraisal underwriting, a lack of diversity in the profession, and the legacy of property valuation discrimination. Rep. Emanuel Cleaver (D-MO) and Rep. Ritchie Torres (D-NY) last week introduced the “Real Estate Valuation Fairness and Improvement Act of 2021,” to root out discrimination in appraising and correct the legacy of redlining.
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.
Sotheby's International Real Estate
APRIL 27, 2021
Perched on the banks of Long Island Sound, this stately stone Georgian home is the very picture of quintessential waterfront living on America’s East Coast. The residence sits on 2.46 acres, looking out over the water, 340 feet of shoreline, a private beach, and an electric-powered deep-water dock protected by a 180-foot stone jetty. Greenwich, Connecticut | Joseph Barbieri & Leslie McElwreath, Sotheby’s International Realty – Greenwich Brokerage.
Housing Wire
APRIL 27, 2021
The controversial ultimatum United Wholesale Mortgage (UWM) issued to brokers in March constituted a violation of the Sherman Act and a series of anti-competition laws in the state of Florida, a St. Augustine-based mortgage broker alleges in a new lawsuit that seeks class-action status. Dan O’Kavage, president and founder of the O’Kavage Group , is the lead plaintiff in a lawsuit that claims UWM’s gambit was anticompetitive and illegal.
Jason Fox
APRIL 27, 2021
13 Tried and Tested Google Ads Strategies for Real Estate. Pay Per Click (PPC) is one of the best ways to generate instant traffic to your real estate listing or website. You only need the right strategies to win. In theory, there’s nothing more fascinating than advertising on the first page of Google -- reaching consumers who are searching for a new home.
Housing Wire
APRIL 27, 2021
Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. It’s the latest in a string of big M&A deals in the mortgage lending space – and the growing wholesale channel in particular – over the past six months. The deal, which is expected to close in the second quarter, will boost Finance of America’s third-party origination coverage by more than 1,000 broke
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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.
GeekEstate
APRIL 27, 2021
This week, we interviewed Chris Pawlick from EPR^2. Without further ado… Who are you and what do you do? My name is Chris Pawlik and I’m the Founder/CEO of EPR^2. Our Company develops existing energy rights on behalf of property owners by utilizing solar and other cleantech to increase property-level NOI and value. Our Company funds the construction of the solar panels, ongoing maintenance, and future upgrades.
Housing Wire
APRIL 27, 2021
Another partnership of asset management giants has announced a major investment in single-family rental homes. Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. The companies entered into a joint venture that puts $250 million of equity into single-family rental homes.
Eye on Housing
APRIL 27, 2021
The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate dipped to 65.6% in the first quarter of 2021. The national homeowner vacancy rate declined to a record low of 0.9%, while the rental vacancy rate increased to 6.8%. The data collections were still affected by the pandemic, although to a much less degree than previous three quarters.
Housing Wire
APRIL 27, 2021
Wholesale lender Kind Lending has brought on mortgage veteran Suzy Lindblom as its chief operating officer, the company said Tuesday. Lindblom has 40 years of experience in the mortgage space, most recently serving as the COO of Planet Home Lending for three and half years. Prior to that, Lindblom served as the managing director of national fulfillment and operations at Stearns Lending — the first brainchild of Glenn Stearns, who happens to be the founder and CEO of her latest employer, Kind Len
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.
The Mortgage Report
APRIL 27, 2021
Today’s mortgage and refinance rates Average mortgage rates inched higher yesterday. It was only the third rise in April. But also the third over the last seven working days. Still, […].
Better Dwelling
APRIL 27, 2021
Canadian real estate is such a big part of the economy, just its spin-off economic activity is now a huge deal. The Canadian Real Estate Association (CREA) has forecast big 2021 home sales, but the second half will be slower than the first. Next year they see a less exciting, but more typical year for […]. The post Canadian Real Estate Sales Are Forecast To Slow, and It’s Going To Drag The Economy appeared first on Better Dwelling.
The American Genius for Real Estate
APRIL 27, 2021
(HOMEOWNERSHIP) It’s a seller’s market with housing supply at an all-time low. Here’s what buyers are doing to increase their chances of buying a home. The post How buyers are competing in a tight home buyers market appeared first on The American Genius Real Estate.
RIS Media
APRIL 27, 2021
As a real estate agent, you’re accustomed to helping people find and purchase the perfect home or investment property. From commercial real estate to residential properties, to undeveloped land—you’re the expert in your market. You know that real estate is one of the best investments for creating long term financial stability. What if you could use your expertise to grow your retirement savings?
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.
Better Dwelling
APRIL 27, 2021
Canadians are now so used to large home price gains, that frothy returns just look normal. BMO senior economist Douglas Porter gave a little perspective, by looking across Lake Erie. In Cleveland, home prices are rising rapidly and beginning to look a little frothy for the market. On the Canadian side, prices in St. Thomas […]. The post To Put Canada’s Frothy Home Price Growth In Perspective, Look Across The Lake: BMO appeared first on Better Dwelling.
Waterfront Properties
APRIL 27, 2021
The Town of Jupiter has decided to continue to bring Jupiter U to the residents and community by going virtual this year. Jupiter U includes a series of short films and tours of Jupiter’s landmarks and areas throughout Jupiter. The tours highlight the important facts and aim to educate the residents about their local government and our unique beach town.
Notorious ROB
APRIL 27, 2021
I saw a Facebook post talking about a common problem with real estate agents — buyer disloyalty. That got me wondering, why aren’t we moving towards agents getting paid by the hour? It would solve so many problems. The way that real estate agents are getting paid leads to a lot of issues, one of. Read more. The post The Notorious POD Ep 15: Why Not Hourly?
RIS Media
APRIL 27, 2021
A hurricane can cause severe damage to your home and may even completely destroy it. A standard homeowners insurance policy won’t cover all hurricane-related damage, and there is no such thing as a “hurricane insurance policy.” Your homeowners insurance may cover some types of damage, but you may have to purchase additional insurance to be fully covered.
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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.
Point2Homes
APRIL 27, 2021
Image: Vitalii Vodolazskyi / Shutterstock.com. Renting out property can be a fantastic way to earn a little (almost) passive income. But before you jump in, landlord insurance is well worth taking a look at. Below, we’ll go over the basics and discuss why it’s worth getting. What is Landlord Insurance? Landlord insurance is a policy that is specifically designed to protect owners of rental properties.
Coldwell Banker
APRIL 27, 2021
Cabinet and Countertop Ideas for a Distinctive Design. The post Heavenly Kitchen Creations appeared first on Coldwell Banker Blue Matter.
RIS Media
APRIL 27, 2021
If your home suffered significant damage due to a storm, a fire or another covered peril, the process of filing a claim with your homeowners insurance company can be complicated. You may not have all the knowledge and experience necessary to fill out insurance forms accurately and completely, or you may not have time to deal with the insurance company with so many other things on your plate.
Realty Biz
APRIL 27, 2021
Better Homes and Gardens Real Estate LLC announced today that Nathan Bell Realtors ® based in Paris, Texas, has affiliated with the BHGRE ® brand to become Better Homes and Gardens Real Estate The Bell Group. The company serves communities throughout Lamar County, as well as Red River, Delta and Fannin counties. The family-owned brokerage, which celebrates its 70 th anniversary this year, was founded in 1951 by Nathan Bell III and is currently owned and led by his son, Nathan ‘Jim’ Bell IV.
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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