Thu.Apr 08, 2021

Looser mortgage credit may give first-time buyers a chance

Housing Wire

Mortgage credit showed signs of loosening up in March, and with it, more availability for lower credit scores and high LTV products to enter the housing market, the Mortgage Bankers Association said in a report on Thursday. The group’s Mortgage Credit Availability Index rose.6% to 125.4

Homeownership Is Full of Financial Benefits

Keeping Current Matters

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market.

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As prices rise, Utah housing market less of a bargain

Housing Wire

As movers flock to secondary cities in search of more land for less cash, the Utah housing market – land of ski slopes and mountain trails – has become a popular destination, especially for those leaving California.

The NAR’s top 10 places for millennials to move to (a 2020 reflection)

The American Genius for Real Estate

(REAL ESTATE BIG DATA) If you're a millennial, and wondering where you should move that can get you ahead even during this pandemic, here's the top 10 cities for millennials.

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Mortgage rates drop slightly to 3.13%

Housing Wire

The average U.S. mortgage rate dropped five basis points last week to 3.13%, according to Freddie Mac’s Primary Mortgage Market Survey. It’s the first decline in mortgage rates in two months.

Top 10 Coldwell Banker Stories of the Month – March 2021

Coldwell Banker

Extra, extra! Read the top 10 news items that ran in March about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – March 2021 appeared first on Coldwell Banker Blue Matter.

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Getting Reviews for Your Real Estate Business

RIS Media

As a real estate agent, you have several important tools in your arsenal. But there is one in particular that you should focus on: reviews. Most real estate agents generate their business from either someone they have previously worked with or by searching for local agents online.

Developing a lending strategy for rising mortgage rates

Housing Wire

As we enter the second quarter of 2021, it’s time for the mortgage industry to reflect on the past 12 months and think about how to plan for the same period ahead.

Gift letter for mortgage: How to give or receive a down payment gift

The Mortgage Report

Use these step-by-step instructions for accepting a cash downpayment gift on a home, including a ready-to-use mortgage gift letter template. Mortgage Strategy Gifts Housing Mortgage mortgage rates Real Estate

How to negotiate your home purchase offer

Housing Wire

When you’re trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. According to industry experts, there is more to a home offer than just the price you are willing to pay.

Keller Williams Partners With the LGBTQ+ Real Estate Alliance

RIS Media

Keller Williams (KW) is the latest real estate brand to partner with the new LGBTQ+ Real Estate Alliance. Jason Abrams, head of industry, Keller Williams, recently made the announcement to the brand’s KW Rainbow Network.

A transparent foreclosure marketplace reveals hidden equity

Housing Wire

Over the past five years, more than $1.2 billion in potential home equity has been uncovered for distressed homeowners facing foreclosure. That $1.2 billion is the amount of surplus funds generated by foreclosure sales on the Auction.com platform between 2016 and 2020.

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Embracing Technology to Meet the Demands of Today’s Challenges

RIS Media

Propertybase Drives Business Forward for Boutique New York Real Estate Brokerage. Coming from a background in the arts, having been an actress in New York, Teresa Stephenson decided to transition into real estate about a decade ago.

JPMorgan Chase adds exec to correspondent team

Housing Wire

JPMorgan Chase has appointed Bhavesh Patel to lead client management for the bank’s correspondent lending channel.

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Local Bakeries To Try: Northern Palm Beach County

Waterfront Properties

Palm Beach County is home to many indoor and outdoor activities, luxury hotels and spas, great shopping, numerous water sport activities, and many award-winning restaurants. When it comes to local bakeries, the area is no different.

The housing boom juices Home Depot’s bottom line

Housing Wire

Millions of Americans transitioned to remote work in 2020, reconfiguring homes to be makeshift classrooms and offices. One of the big beneficiaries of the new live/work/play setup has been home goods retailer Home Depot. A recent report from TradingPlatforms noted that Home Depot’s net sales increased by over $20 billion in 2020 to $132 billion at year’s end – nearly a 20% increase year-over-year.

The 4 Broker Best Practices Needed to Prep Your Agents for Success

RIS Media

This past year has seen its share of volatility in the housing market. Many agents and brokers are experiencing the squeeze. But you are not alone. The housing market is seeing a boom in demand.

Mortgage Tech Demo Day: First American Docutech

Housing Wire

Solex® eClosing. Trusted by the nation’s leading lenders, Solex eClosing has enabled over 350,000 digital loan closings.

How to Use Your Sphere of Influence to Build the Ultimate Real Estate Referral Machine

Lab Coat Agents

What’s the first advice given to new real estate agents? Start with your sphere of influence. But how many agents actually take that advice? Truth is, most agents are terrified to start working their spheres of influence (SOIs).

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Mortgage Tech Demo Day: WFG

Housing Wire

WFG’s MyHome®. WFG MyHome® brings resale transaction participants together within a single, easy-to-use ecosystem, enhancing communication, transparency and the consumer experience.

Thinking of Changing Brokerages? Consider These 4 Things

RIS Media

Know what to look for, what your worth is and what you value most in your new brokerage search. There are many important and different reasons why you may consider a change of scenery in your day-to-day real estate business.

Mortgage Tech Demo Day: DocMagic

Housing Wire

Total eClose with RON capabilities. Total eClose is a single-source platform with everything you need for a 100% paperless eMortgage in a single, comprehensive, eClosing solution.

Budgeting Tips for a Larger Purchase

American Lifestyle

The post Budgeting Tips for a Larger Purchase appeared first on American Lifestyle Magazine. Family & Pets Finances Budget Budgeting Culture Family Finance Tips Financial Advice Staying Home

Mortgage Tech Demo Day: ICE Mortgage Technology

Housing Wire

eClose. eClose is a true digital closing process that’s more than getting documents electronically signed. Digital “lift” can continue past the closing table through automated quality control, electronic recording and registration as well as streamlined trailing document return, creating ROI on all loans – from all ink to full eClose. Product Fast Facts. #1. One Workflow – whether you eClose or paper a loan, the process will be the same, no bifurcating your operational processes. #2.

What’s Causing California’s Housing Inventory Crisis?

First Team Real Estate

The U.S. is experiencing a housing shortage, and one of the real estate markets feeling the squeeze most is California. Across Southern California in fact, housing inventory has dropped 62.9% year-over-year according to March 2021 data, with only 0.7 months of inventory.

Mortgage Tech Demo Day: Sourcepoint

Housing Wire

Title Closing COBOT. Mortgage automation solution for title closing that is pre-built and tested and quick to deploy. Product Fast Facts. #1. Pre-built and tested mortgage title closing automation solution. #2. Quick to deploy on any application or software being used for title closing. #3.

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Massive ‘Spring Into Action’ Virtual Event Equips Real Estate’s Brokers and Agents for Success

RIS Media

RISMedia just closed up its most successful virtual event yet, “ Spring Into Action ,” co-presented by the National Association of REALTORS® (NAR). The virtual event was held on April 8 from 11 a.m. to 5 p.m.

Mortgage Tech Demo Day: eOriginal

Housing Wire

ClosingCenter. ClosingCenter is a complete eClosing solution for lenders, borrowers and settlement agents. ClosingCenter delivers a simple, efficient and secure eClosing process – from pre-closing to secondary market delivery. ClosingCenter includes: Pre-Close: Secure access to eligible closing package documents for review and eSignature execution. eClosing Room: Intuitive settlement agent software enabling execution of eClosings and instant eNote vaulting.

Columbia River Retreat

The Living Room

Columbia River Retreat. 330 NE Bridgeton Rd | Portland, Ore 97211. Offered at $439,900 | ML #21628205. 3 Bedrooms | 3 1/2 Baths | 2,144 SF. Enchanting retreat on the Columbia River. Views of Mt St Helens, wildlife, seasonal parades & fireworks.

Mortgage Tech Demo Day: FundingShield

Housing Wire

Guardian Service. Transaction level certification that leverages live source data to confirm documents are valid, compliant closing agents, insurance coverage and wire accounts are verified on every transaction with $2-$5mm per transaction coverage. Clients exceed risk and compliance requirements while freeing up time for back office and closing teams reducing operating costs. Product Fast Facts. #1.

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