Keeping Current Matters

NOVEMBER 8, 2021

With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do rates above 3% really mean? Today’s Average Mortgage Rate Still Presents Buyers with a Great Opportunity.

Mortgages 230

Mortgages As-is Marketing 230

Housing Wire

NOVEMBER 8, 2021

Forbearance predictably declined across the board last week as exits accelerated, but more borrowers are going into plan modifications because they are still struggling to recover their pre-pandemic income. The total number of loans in forbearance decreased by nine basis points to 2.06% as of Oct. 31, according to the latest report from the Mortgage Bankers Association (MBA).

Loans 504

Loans Staging Mortgages Banks 504

Realty Biz

NOVEMBER 8, 2021

The real estate market in the United States is creating untold opportunities at the moment, with current sales in 2021 easily over $150 billion. This incredible boom means that real estate agents are keeping quite busy at the moment, and that goes true whether agents specialize in first-time home buyers, companies shopping for commercial sites to expand their business, or investors looking to grow their portfolios.

Marketing 127

Marketing Commercial Agents Land 127

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. “This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained.

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VA loan Agents Pre-approval Debt-to-income ratio 397

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Agents

Better Dwelling

NOVEMBER 8, 2021

The Canadian real estate market is forecast to be busy next Spring, but a hurdle just appeared. RBC Economics updated its forecast for the Bank of Canada (BoC) overnight rate in 2022. Canada’s largest bank sees inflation forcing the BoC to hike rates in April. In just five months, this would increase mortgage rates at […]. The post RBC Sees The Bank of Canada Hiking Rates During The Busy Spring Real Estate Market appeared first on Better Dwelling.

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Banks Marketing Mortgages 120

Housing Wire

NOVEMBER 8, 2021

While the total number of reverse mortgage industry professionals present at HW Annual in Frisco, Tex. this past September was minimal in comparison with the numbers of forward mortgage lenders and vendors, on c-level executive of a major mortgage company devoted some of her time on a panel at the event to discussing the importance of reverse mortgages to a fully and diverse product suite.

Finance 370

Finance Mortgages Lending Equity 370

Housing Wire

NOVEMBER 8, 2021

Nonbank mortgage lender and originator Ocwen Financial Corporation generated a $21.5 million profit in the third quarter, reversing the $9.4 million loss in the same period of 2020. In the previous quarter, the company had reported a loss of $10.3 million. Total revenues increased 13% year-over-year to $282.1 million. Meanwhile, operating expenses declined 2.74% to $145.4 million.

Lending 348

Lending Banks Equity Loans 348

Brownstoner

NOVEMBER 8, 2021

Trader Joe's is really coming to Williamsburg. Bright red signage is up outside on the building at 200 Kent Avenue, between North 3rd Street and Metropolitan Avenue. The interior is being built out, and they are taking deliveries, according to a sign in the lobby. Rumors of opening dates online… Read More > The post Trader Joe’s Signage Up, Prepping to Open Soon in Williamsburg appeared first on Brownstoner.

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Realtor.com

NOVEMBER 8, 2021

Homebuying starts with a dream, which can escalate into pure fantasy. Here are some reality checks to some delusions you may harbor when buying a home. The post 6 First-Time Homebuyer Hopes and Dreams That Are Completely Delusional Today appeared first on Real Estate News & Insights | realtor.com®.

Mortgages 110

Mortgages 110

Realty Biz

NOVEMBER 8, 2021

The LGBTQ+ Real Estate Alliance has announced its newly elected officers for the 2022 term, effective January 3. Anita Blue has been elected by the Chapter Delegate Board and will serve as National Vice President, Tommie Wehrle will serve as National Secretary and Rodney Mason as National Treasurer. They join Dave Gervase who was previously elected as President for 2022.

Industrial 99

Industrial Title Lending Equity 99

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.

Loans

Hank Miller Team

NOVEMBER 8, 2021

Trying to predict any market; stock, bond, mortgage, real estate or other type is a measured guess at best. Toss in a global pandemic, global supply chain issues along with global inflation and the challenge is exacerbated. But in this maelstrom comes a confident 2022 housing market forecast from Goldman Sachs; they predict home prices will appreciate 16 during 2022.

New Construction 98

New Construction Mortgages Construction Loans 98

REM Online

NOVEMBER 8, 2021

The following content may have been republished here without the author's permission. The original post can be found at the following URL: The real estate industry in 5 years: More agents, fewer brokerages. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Looking for a better work-life balance and control of their own destiny, many of those leaving long-time careers in other fields are looking at real estate as a

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Brokerage Industrial Agents 98

Brownstoner

NOVEMBER 8, 2021

After shooting portions of "Eternal Sunshine of the Spotless Mind" in a 19th century house on this East Williamsburg block, director Michel Gondry bought his own spot on Orient Avenue in 2008 and his wood frame offers up some of the colorful and eclectic details one might expect. At 15… Read More > The post Director Michel Gondry Puts His East Williamsburg Italianate House on the Market for $2.295 Million appeared first on Brownstoner.

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Marketing 98

Waterfront Properties

NOVEMBER 8, 2021

Looking for the best place to host a birthday party in Wellington? Consider Urban Air Adventure Park. located at 10560 Forest Hill BoulevardTake your next party into the stratosphere with the birthday party experts at Urban Air Adventure Park. They handle everything from setup and hosting to entertainment and cleanup. Leave the work up to the party specialists.

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Sales

Realty Biz

NOVEMBER 8, 2021

REAL ESTATE INVESTORS IDENTIFY THE MOST LIKELY HOME SELLERS. RealtyTrac ® , the largest online marketplace for foreclosure and distressed properties and TKI , a software development company with more than 20 years of real estate experience announced a partnership today to market nSkope , an AI-powered sales enablement platform that identifies properties likely to be listed for sale, to real estate investors and Realtors ® across the country. nSkope utilizes proprietary algorithms enhanced by art

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Investor Commercial Development Branding 96

The Mortgage Report

NOVEMBER 8, 2021

Believe it or not, there's no minimum income to qualify for a home loan. But there are certain income requirements. Learn what lenders look for.

Loans 107

Loans Mortgages 107

Brownstoner

NOVEMBER 8, 2021

Curious about whether the rehab work on your Bed Stuy home might be eligible for a tax credit? An online info session with the New York State Office of Parks, Recreation and Historic Preservation (SHPO) and the Bedford Historic District Organization will provide homeowners full details on what type of… Read More > The post Learn About Historic Rehab Tax Credit Opportunities With a Bed Stuy Workshop appeared first on Brownstoner.

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Toronto Realty Blog

NOVEMBER 8, 2021

TorontoRealtyBlog. Last week was a big moment for myself and my family: it was the first time we all went trick-or-treating. Actually, that’s not quite true. The dog stayed home. But for myself, my wife, and my 5-year-old and 20-month-old, the experience was beautiful! Save for a fall here, and a scraped knee there, I’d say the evening went off without a hitch!

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Sales MLS Marketing As-is 92

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.

Agents

Realtor.com

NOVEMBER 8, 2021

Interested in getting a little more breathing room? We broke down some of the typical costs associated with additions—and their return on investment. The post Raise the Roof (or Build Out Back): Home Addition Costs by Room appeared first on Real Estate News & Insights | realtor.com®.

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Renovation 97

RISMedia

NOVEMBER 8, 2021

Shopping for a new home can be an exhausting and overwhelming experience, but it's worth it when you find your dream property. After you make a formal offer on your potential new home, however, you'll end up reading pages and pages of documents written in frustrating legalese that can be tedious. Related: 4 Things Everyone […]. The post What to Look for in Your Home-Buying Contract appeared first on RISMedia's Housecall.

Industrial 124

Industrial 124

The Mortgage Report

NOVEMBER 8, 2021

Today’s mortgage and refinance rates Average mortgage rates fell last Friday. And last week was an undeniably good one for those rates. However, there are signs that those good times […].

Mortgages 89

Mortgages 89

Better Dwelling

NOVEMBER 8, 2021

Still think the Canadian economy isn’t ready for a rate hike? A new analysis from BMO helps to make a convincing argument otherwise. The Bank of Canada (BoC) last hiked the overnight rate when unemployment fell to the current rate. That was back in 2017, when the country’s interest rates were also double the current […]. The post Canadian Interest Rates Started To Rise At This Rate of Unemployment Last Cycle: BMO appeared first on Better Dwelling.

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Banks Mortgages 87

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.

Agents

Point2Homes

NOVEMBER 8, 2021

Located in the boutique building called Shangri-La Co-op, this stunning Miami Beach micro-condo offers a little slice of paradise in the very desirable South of Fifth neighborhood. The space has everything you need, from a great kitchen to a cozy sleeping area, all beautifully lit with natural light from the large main window. The open design provides a great flow, and the professionally decorated space is so inviting.

Design 87

Design As-is Sales 87

Brownstoner

NOVEMBER 8, 2021

In the News Dining Sheds Saved NYC. Could They Destroy It? [NYT] NYC Rats: They’re in the Park, on Your Block and Even at Your Table [NYT] Pilot Says Chopper Landing, Takeoff on Crown Heights Lot Is Legal [NYDN] Owner of St. Anthony’s Bakery Reflects on its History and Closing [Eagle] Hidden Meadow in Downtown… Read More > The post Daily Links: Brooklyn Landlord Reaches Settlement on Lead Paint Violations appeared first on Brownstoner.

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Land Closing 85

Realtor.com

NOVEMBER 8, 2021

Green is cool and inviting—and it's also red-hot. Here's why so many Colors of the Year are verdant and how to use this shade in your home. The post This Is Decor’s Hottest Color Right Now—Can You Guess? appeared first on Real Estate News & Insights | realtor.com®.

Design 89

Design 89

REM Online

NOVEMBER 8, 2021

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Town’s offer of $500 serviced lots boosts population. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The progressive town of Smooth Rock Falls in northern Ontario came up with a plan to offer $500 serviced lots as a way to draw residents and reverse its declining population.

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Agents

Realtor.com

NOVEMBER 8, 2021

Rock legend John Mellencamp is selling his Santa Barbara, CA, home. Styled by interior designer Trevor Goff, the residence is available for $4.5 million. The post John Mellencamp Selling His Santa Barbara Spread for $4.5M appeared first on Real Estate News & Insights | realtor.com®.

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Design 73

REM Online

NOVEMBER 8, 2021

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Staging to Sell course set for November 15. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The next Staging To Sell, What Every Agent Should Know class is scheduled for Monday November 15.

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Staging Agents 68

Eye on Housing

NOVEMBER 8, 2021

In the third quarter of 2021, non-real estate-secured consumer credit increased at a seasonally adjusted annual rate by 5.6%, with revolving debt1 increasing by 7.4% and nonrevolving debt2 increasing by 5.1%. Consumer credit totaled $4.4 trillion on a seasonally adjusted annual basis, with $1 trillion comprised of revolving debt and $3.4 trillion in nonrevolving debt.

Loans 62

Loans 62

Mashvisor

NOVEMBER 8, 2021

Find Top-Performing Investment Properties Quickly and Easily start your 3-month free trial Get 3 months free on industry-leading real estate data and analytics Mashvisor is a one-stop real estate investment…

Industrial 67

Industrial Land 67

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.

Sales