Wed.Apr 14, 2021

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RON isn’t the miracle answer to all our questions

Housing Wire

The push to further digitize the mortgage process gained added traction amid the COVID-19 pandemic, with lockdowns forcing the mortgage industry to adopt new technologies it has otherwise been slow to embrace. Remote Online Notarizations form part of that digital transformation, naturally. However, the role RON will play in the end-to-end digital mortgage process is somewhat overblown.

Closing 386
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93% of Americans Believe a Home Is a Better Investment Than Stocks

Keeping Current Matters

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment than stocks? In a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York notes that 93.3% of Americans believe buying a home is definitely or pro

Banks 239
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Sprout Mortgage shakes up executive suite

Housing Wire

Non-QM lender Sprout Mortgage has brought on Infosys ‘s chief information officer and global director of real estate finance solutions, Henry Santos , as its own CIO and executive vice president, the company announced Tuesday. Santos had served at Infosys for two years before his latest appointment, and previously served as the North American lending executive for IBM.

Mortgages 339
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Questions to Ask When Renting a Room

Realty Biz

Considerations When Renting a Room in Someone’s House. Are you considering renting a room in someone’s house? You are not alone as sharing space in a home has become more popular. Owning a home can be expensive. That’s why many people are opting to rent a room in their home so they can help cut down housing costs. Some owners have found themselves in a financial squeeze that has forced them to do things they otherwise would not.

Principal 145
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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Weather, disaster protection costing homeowners

Housing Wire

Homeowners are spending money to battle the effects of weather and climate change on their properties, a new Redfin survey showed, with some allocating more than $5,000 to protect against events like extreme temperatures and flooding. Approximately 60% of 1,200 surveyed homeowners said they have invested in making their homes more resilient to at least one weather-related risk, with more than 36% spending $5,000 or more.

Equity 316
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Canada’s Property Bubble Is Now So Large, A Soft Landing Would Take 19 Years

Better Dwelling

Canadian real estate prices are now beyond frothy, and the government says that’s fine. They believe they can prevent home prices from falling, and let incomes catch up. If you’re in government or banking, you may have already seen me explain how impossible this is. If you haven’t, this is known as the “soft landing” […].

Land 145

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Sellers and Buyers Are Both Feeling More Optimistic In Today’s Market

Lighter Side of Real Estate

There’s no denying that the real estate market has had its ups and downs over the past year. But how are buyers and sellers feeling about the market today? In March, the Fannie Mae Home Purchase Sentiment Index (HPSI) was 81.7, up 5.2 points from February—which means more consumers are feeling optimistic about the real estate market. According to the HPSI: 61 percent of consumers surveyed said that now was a good time to sell (up from 55 percent in February). 53 percent of consumers surveyed sai

Marketing 145
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This underwriting solution improved lending satisfaction from the inside out

Housing Wire

When COVID-19 first rocked the U.S. economy in March 2020, mortgage lenders had to be nimble in a variety of areas. Mortgage interest rates hit record lows and origination volume surged. At the same time, a number of individuals were facing job losses. This meant that lenders were having to adapt the method in which they evaluated borrower income while simultaneously handling an influx in refinance and purchase demand.

Lending 280
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BMO Sees Soaring Lumber Prices Crashing Soon, Which May Lower New Home Costs

Better Dwelling

North American lumber prices are soaring, sending homebuilding costs higher with it. The good news is, relief may be just around the corner. BMO Capital Markets updated its Benchmark Western Spruce-Pine-Fir (SPF) lumber forecast for April. The bank sees lumber prices dropping in the second half of the year. By 2022, they expect lumber prices […].

Banks 143
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Everything You Need to Know About Bill Gates’ Extraordinary House, Xanadu 2.0

Fancy Pants Homes

Not many houses have their own Wikipedia page. But then again, few residences have owners with a net worth greater than the GDP of over 100 countries. Once the richest man in the world, the Microsoft co-founder is now #4 on the list of wealthiest people, surpassed only by Elon Musk, Jeff Bezos , and French LVMH founder, Bernard Arnault. Bill Gates’ net worth is a mind-boggling $130 billion, though in recent years he’s stepped aside from most of his business endeavors to run the Bill

Design 119
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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10 Gardening Hacks That Save Money, Time, Messes, and More

Realtor.com

Getty Images Think you’ve got a black thumb, and no amount of gardening advice can help keep your plants from meeting untimely demises? We’re here to say that growing flowers and veggies is definitely an art, but it’s one you can learn fast with a few shortcuts—aka gardening hacks. Here are some of the best gardening tricks of the trade approved by experts who say they really work.

As-is 119
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Everything You Need to Know About Bill Gates’ Extraordinary House, Xanadu 2.0

Fancy Pants Homes

Not many houses have their own Wikipedia page. But then again, few residences have owners with a net worth greater than the GDP of over 100 countries. Once the richest man in the world, the Microsoft co-founder is now #4 on the list of wealthiest people, surpassed only by Elon Musk, Jeff Bezos , and French LVMH founder, Bernard Arnault. Bill Gates’ net worth is a mind-boggling $130 billion, though in recent years he’s stepped aside from most of his business endeavors to run the Bill

Design 119
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NSDCC 1Q Sales

BubbleInfo

While it feels like the inventory-less frenzy, there have been enough houses coming to market to set a new record for the number of 1Q sales: NSDCC Sales, First Quarter Year New Listings Closed Sales, 1Q Median Sales Price Median DOM 2012 479 230 $811,750 76 2013 1,290 422 $842,950 39 2014 1,234 576 $1,008,750 […].

Sales 118
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Strong Single-Family Permit Gains in February

Eye on Housing

Over the first two months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 164,901. On a year-over-year (YoY) basis, this is a 16.6% increase over the February 2020 level of 141,467. Year-to-date ending in February, single-family permits showed increases in all four regions. The relatively more affordable Midwest reported the strongest increase of 24.0%, followed.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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How to Build a Real Estate Marketing Campaign Step-by-Step

Jason Fox

How to Build a Real Estate Marketing Campaign Step-by-Step. How to Build a Real Estate Marketing Campaign Step-by-Step Step #1: Set Your Goals Step #2: Define Your Audience Define Your Target Market Understand Your Audience Step #3: Create a “Lead Magnet” Identify a Content Topic Figure Out the Best Way to Present Your Content Step #4: Build a Marketing List Choose Your Amplification Platform.

Marketing 116
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3 Best Passive Real Estate Investment Strategies

Realty Biz

Real estate investment can be a smart move if you’re doing it right. For instance, real estate can become a passive source of income to keep you afloat in case you lose your job or decide to change companies. In addition, it can also be a nice way to retire without worrying too much about money. . However, many people stay away from such an investment because they think it requires time and money for a property to start generating income.

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Here’s What Your Mortgage Lender Wants You To Know About Buying a House Right Now

Realtor.com

Getty Images Even during the COVID-19 pandemic, people want—and need—to buy homes. The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. “There is a shortage of houses in many markets. This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at Homebridge Financial Services.

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Mortgage and refinance rates today, April 14, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower again yesterday. And that means we haven’t seen a rise since the end of March. Mortgage-backed securities (the bonds that […].

Mortgages 111
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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‘Focus on the Opportunities’: Industry Powerhouses Talk Hispanic Homeownership at NAHREP National Convention

RIS Media

The National Association of Hispanic Real Estate Professionals (NAHREP) recently held its 2021 National Convention. The three-day event wraps up today, after hosting numerous industry practitioners who provided comprehensive insights regarding the Hispanic community’s homeownership needs and trends. On April 13, NAHREP kicked things off with an opening general session—”The Latino Factor: The Key to Homeownership Growth in America”—featuring the following speakers: – Moder

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Mortgage and refinance rates today, April 14, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower again yesterday. And that means we haven’t seen a rise since the end of March. Mortgage-backed securities (the bonds that […].

Mortgages 111
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Storage Units Near Me Including Pricing and Video

Maximum Exposure Real Estate

How to Compare Local Self-Storage Facilities and Pricing Are you looking to find self-storage nearby? Maybe you are planning for an imminent move? Storage units near me is a heavily searched term and with good reason. When you are prepping to move to a new home, it can be helpful to know where you can […]. The post Storage Units Near Me Including Pricing and Video appeared first on Massachusetts Real Estate Exposure.

Marketing 109
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Chic Gowanus Row House With Sleek Finishes, Marble Mantels Asks $3.095 Million

Brownstoner

Back on the market with new photos, some slight design changes and a price drop, this Italianate brick home in Gowanus still has its contemporary style on display. Renovated and decorated by the designer couple of Merrill Lyons of Lyons Design Studio and Charles Brill of Rich Brilliant Willing lighting,… Read More > The post Chic Gowanus Row House With Sleek Finishes, Marble Mantels Asks $3.095 Million appeared first on Brownstoner.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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7 Ways to Make House Chores More Fun

Point2Homes

Image: Syda Productions / Shutterstock.com. Now that we’re at home most of the time, it seems like there are a lot more chores to be done. Whether it’s all the dishes that go along with eating three meals a day at home or the clutter that accumulates when your office, school and gym are in the house, it feels like we’re always doing housework. And all that work can get a little dull and repetitive.

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Wildlife Sanctuaries in Palm Beach County

Waterfront Properties

Here are three wildlife sanctuaries you can visit in Palm Beach County. The Busch Wildlife Sanctuary, 2500 Park Drive in Jupiter is a great place to visit. Here, there are nature trails where you may spot deer. The enclosed sanctuary areas contain otters, alligators, turkeys, turtles, panthers, bald eagles and more. The sanctuary also rehabilitates wild animals and cares for those that have injuries too severe to be reintroduced back into the wild.

Closing 105
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FHA construction loans: Requirements and process for 2021

The Mortgage Report

An FHA construction loan lets you buy land, build a house, and finance a mortgage — all with one loan. But the process and requirements can be complicated.

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Chip and Joanna Gaines to Turn Waco Newspaper Building Into Headquarters

RIS Media

(TNS)—Chip and Joanna Gaines are taking over another building in downtown Waco, this time to house a new headquarters for their expanding Magnolia lifestyle brand. Magnolia told city officials last week that it will move into The Waco Tribune-Herald building at 900 Franklin Ave., just a few blocks from the company’s Magnolia at the Silos shopping district, the city’s biggest tourist attraction.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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FHA construction loans: Requirements and process for 2021

The Mortgage Report

An FHA construction loan lets you buy land, build a house, and finance a mortgage — all with one loan. But the process and requirements can be complicated.

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6 Keys to Earning Agent Loyalty

RIS Media

Long-Lasting Relationships Are Built on These Key Areas of Management Engagement. Real estate agents affiliate with companies, brokers and managers—either because that is where they will have the best opportunity for success or because that is where they feel most comfortable. Oftentimes, it is for both reasons. But sometimes, agents leave companies or offices for similar reasons.

Agents 98
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Al Fresco Drinks and Dining at Guanabanas – Jupiter

Waterfront Properties

Fresh outdoor dining is one of the things that makes living in Palm Beach County so fun and you can find some of the best of it at Guanabana’s in Jupiter. All seating is “al fresco” and in a tropical tiki-themed waterfront venue. Sitting directly on the Intracoastal Waterway enjoy everything from fresh seafood to awesome live music. Guanabanas, 960 North Highway A1A, Jupiter is truly a taste of paradise.

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Women in Real Estate: The Potential – and the Pitfalls – for Women Leaders

RIS Media

The journey to leadership for women in the real estate business has been both daunting and deeply fulfilling. In an industry historically dominated by men among the higher ranks, women have had to overcome unique hurdles and persistent stereotypes in order to secure their seat at the proverbial table. The topic was candidly discussed during RISMedia’s recent “ Spring Into Action ” virtual event, co-presented by the National Association of REALTORS?

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.