Keeping Current Matters

SEPTEMBER 7, 2022

If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year.

Mortgages 297

Mortgages Marketing 297

Housing Wire

SEPTEMBER 7, 2022

The wholesale arm of Rocket Mortgage on Tuesday raised anticipated agency conforming loan limits to $715,000, a sign that the nation’s largest mortgage lender is confident the maximum loan limit set by the federal government will rise by at least 10% in 2023. The increased loan limits for mortgage brokers apply to new registrations and locks effective Sept. 6, the lender said Tuesday.

Loans 488

Loans Mortgages Lending Equity 488

Eye on Housing

SEPTEMBER 7, 2022

Despite the pandemic-triggered suburban flight and presumed shifts in preferences towards more spacious living, a rising share of new for-sale homes were built on smaller lots. According to the latest Survey of Construction (SOC), more than two thirds of new single-family detached homes sold in 2021 were built on lots smaller than one-fifth of an acre.

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Construction Sales 126

Housing Wire

SEPTEMBER 7, 2022

Top mortgage lender NewRez has added to its line of “Smart Series” non-QM products, launching a 40-year fixed-rate interest-only mortgage loan. With the 40-year IO mortgage, borrowers make interest-only payments for the first 10 years, which NewRez says increases their purchasing power and allows for more affordable monthly payments. (It also slows the amount of equity borrowers have in the property.).

Mortgages 468

Mortgages Loans Equity Finance 468

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Lighter Side of Real Estate

SEPTEMBER 7, 2022

You’ve probably been hearing in the news lately that the real estate market is “shifting.” Well, according to this realtor.com article , many economists feel that we’ve moved from shifting into a “balanced” market. In other words, it’s not really a sellers’ market or a buyers’ market. That may have you thinking that it’s not as favorable for sellers as it has been, and you missed out on the opportunity to get a historically high price for your house.

Equity 106

Equity Marketing As-is 106

Housing Wire

SEPTEMBER 7, 2022

Price corrections are coming to housing markets across the United States, Black Knight said following July’s home price decline from June. Relatedly, tappable home equity is expected to pull back in the third quarter as equity-rich markets already saw declines in July. . Home prices in July slipped 0.77% from June, marking the largest single-month decline since January 2011, Black Knight said in its monthly mortgage monitor report.

Equity 459

Equity Marketing Lending Loans 459

Housing Wire

SEPTEMBER 7, 2022

Miami-based fintech Milo has started to diversify its portfolio for investors with digital holdings by offering its first crypto-mortgage refinancing product, the company announced on Tuesday. The new offering comes five months after the fintech’s 30-year crypto-mortgage purchase product came to market and reached $10 million in origination volume.

Mortgages 459

Mortgages Equity Loans Finance 459

Sotheby's International Real Estate

SEPTEMBER 7, 2022

A familiar verdant sight along the storied thoroughfares of Palm Beach, tall manicured hedges ring the perimeter of this magnificent property just steps from the town’s waterfront. Within those confines is an enviable estate comprising two oversized lots—one of which is dedicated to a formal jardín that reflects the influence of classically designed gardens the world over.

Design 91

Design 91

Housing Wire

SEPTEMBER 7, 2022

Demand for mortgage loans declined last week as the markets continue to exert pressure on rates. With the 30-year fixed-rate hovering above the 6% level again , there’s no sign of a rebound in applications yet, despite a robust job market and growing housing inventory. The market composite index, a measure of mortgage loan application volume, fell 0.8% for the week ending Sep. 2, compared to the previous week, according to the Mortgage Bankers Association (MBA).

Mortgages 435

Mortgages Fixed-rate mortgage Loans Residential 435

Brownstoner

SEPTEMBER 7, 2022

After a pandemic delay, the third Brooklyn Heights Designer Showhouse will debut this month. Designers are busy putting finishing touches on the Greek Revival townhouse at 145 Columbia Heights before the transformed spaces are unveiled to the public on September 23. The showhouse serves as a fundraiser for the Brooklyn… Read More > The post Third Brooklyn Heights Designer Showhouse Set to Open This Month appeared first on Brownstoner.

Design 89

Design Renovation 89

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Housing Wire

SEPTEMBER 7, 2022

Annual home price growth slowed for the third consecutive month in July but remained historically high at 15.8%, according to the latest report by CoreLogic. The data and analytics firm singled out mortgage rates, which were around 5.5% in July, chilled interest in home purchases and helped ease overheated and unsustainable price growth. Home prices actually declined by 0.3% from June to July, which hasn’t happened in over a decade, CoreLogic said.

Mortgages 435

Mortgages Marketing As-is 435

Realty Biz

SEPTEMBER 7, 2022

ERA ® Real Estate , a global franchising leader within the Anywhere SM portfolio of brands, announced today that PowerMark Properties based in Biloxi, Mississippi, has affiliated with the ERA ® brand. Now known as PowerMark Properties ERA Powered, the firm serves military personnel, retirees, investors and first-time home buyers in the greater Mississippi Gulf Coast region from Louisiana to Alabama.

Branding 83

Branding Brokerage Technology Industrial 83

Housing Wire

SEPTEMBER 7, 2022

Setting your sights on the future is important for any business owner, agent or loan officer looking to find success in the ever-changing housing market. At HousingWire Annual , plenty of speakers and panels will be looking ahead to 2023 and discussing the trends and changes that all industry professionals should be anticipating. . The Future of Marketing panel on Oct. 3rd will feature Rick Webster , Lender Price , Amy Moses, Escrow Tab , Sara Holtz, ICE Mortgage Technology and Cory Jo Vasquez,

Loan Officer 435

Loan Officer Title Technology Lending 435

Real Trends

SEPTEMBER 7, 2022

In recent years, more women have been making serious strides in commercial real estate, and women-owned businesses are on the rise. According to a 2020 Commercial Real Estate Women (CREW) report , women made up just 36% of the industry, while women holding executive positions only amounted to 9%. Additionally, a number of organizations in the commercial real estate (CRE) industry have been formed, such as CREW, to support women in the industry and promote diversity.

Commercial 81

Commercial Equity Industrial Finance 81

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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

Housing Wire

SEPTEMBER 7, 2022

Fast-rising rates. A staggering drop in mortgage applications. Skyrocketing inflationary costs. Falling stocks and layoffs making headlines for mortgage giants across the industry. The entire mortgage market is in flux like few times in history. As the lending arm of mortgage companies can no longer depend on new loans or the rate-based refinancing that’s kept them afloat throughout the pandemic, the value of mortgage servicing rights is serving as a lifeline.

Mortgages 435

Mortgages Loans Lending As-is 435

Brownstoner

SEPTEMBER 7, 2022

In the News You’ve Seen a Bodega Cat. How About a Barber Shop Rooster? [NYT] New York’s Communal Summer Ritual: Grilling [NYT] Canarsie Bishop Sues Men Who Claimed He’s a Scammer [NYP] Fixing NYC’s 50K Illegal Homes Would Cost $14 Billion: City [NYP] Portraits of Brooklynites Beating the Late Summer Heat [BK Mag] Red Hook Deli… Read More > The post Daily Links: Private Equity Big Names Snap Up Unregulated Buildings in Brooklyn appeared first on Brownstoner.

Equity 76

Equity 76

Housing Wire

SEPTEMBER 7, 2022

Tokyo-based Lead Real Estate Co. Ltd., a developer of luxury single-family homes and condominiums, which also has residential leasing operations in Dallas, is looking to raise up to $30 million via the U.S. stock market. The company has filed a Form F-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a planned initial public offering of 2 million American Depository Shares (ADS) valued in the range of $12 to $15 a share — $24 million to $30 million. .

Development 397

Development Land Residential Construction 397

Brownstoner

SEPTEMBER 7, 2022

This 1890s brownstone offers an abundance of space, period details in fine condition and modern amenities like central air and updated wet rooms. In the Prospect Heights Historic District and just a short walk from Grand Army Plaza, 294 Park Place is unusually well preserved and recently renovated. The row… Read More > The post Prospect Heights Brownstone With Six Fireplaces, Dumbwaiter, Central Air Asks $4.85 Million appeared first on Brownstoner.

Renovation 75

Renovation Marketing 75

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

The American Genius for Real Estate

SEPTEMBER 7, 2022

There tends to be two camps of leaders, those who lead from strength and those from weakness. But who says you can't do both?

Brokerage 72

Brokerage 72

Redfin

SEPTEMBER 7, 2022

San Antonio is a large yet charming city that offers something for everyone, whether you’re a foodie, art lover, an outdoor enthusiast, or something in between. There are so many unique and lively neighborhoods that make up the city – so if you’ve just moved into an apartment in downtown San Antonio or just bought a house in the San Antonio suburbs , be sure to get out and explore all that the city has to offer. .

Marketing 69

Marketing As-is Closing 69

Mashvisor

SEPTEMBER 7, 2022

North Carolina is one of the most pleasant places on the East Coast. But is buying vacation rentals for sale in North Carolina a sound investment?

Sales 68

Sales Investor 68

Redfin

SEPTEMBER 7, 2022

A guest bathroom should be a place where your guests can feel comfortable and relaxed. If your guest bathroom looks a bit dull, there are many simple things you can do to take your space to the next level and impress your visitors. So, whether you’re buying a home in Houston, TX , or remodeling a house in Brooklyn, NY , here are some stunning guest bathroom ideas to get you started on your home improvement project. .

Design 69

Design Renovation Construction As-is 69

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Sotheby's International Real Estate

SEPTEMBER 7, 2022

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ???. St. Helena, California | Carole Sauers, Healdsburg Sotheby’s International Realty. A modern statement in luxury and design. Architect Regan Bice sited this masterpiece to take advantage of 360-degree views which include Spring Mountain’s vineyards, the Napa Valley floor, Mt.

Design 67

Design 67

Redfin

SEPTEMBER 7, 2022

Home to the Liberty Bell, the Declaration of Independence, and Philly cheesesteaks – there’s much to love about the City of Brotherly Love. That said, big city living isn’t for everyone. And if that’s you, we can help you find the right city near Philadelphia to move to instead. . Check out these four cities near Philadelphia, each with its own features and charm and within easy commuting distance of Philly. . #1: Upper Darby, PA.

Sales 66

Sales Residential Banks 66

The American Genius for Real Estate

SEPTEMBER 7, 2022

Gen Z will have more purchasing power, be prone to spending, and will be at a homebuying age before you know it - it's time to adapt.

Marketing 64

Marketing 64

Redfin

SEPTEMBER 7, 2022

There are many things to take into account if you’re thinking of moving to Arizona. From the natural beauty of the Grand Canyon to the bustling city life of Phoenix, there’s something for everyone in this southwestern state. That said, just like any other state, there are drawbacks to Arizona as well. So if you’re considering buying a home in Mesa , renting an apartment in Scottsdale, or moving to another one of Arizona’s unique cities, here’s what you need to know about the p

Land 63

Land As-is Development Design 63

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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.

Sales

The American Genius for Real Estate

SEPTEMBER 7, 2022

Chrome is the most widely used browser, and with availability on Mac, Windows, and Linux, there's no shortage of users and neat updates.

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Redfin

SEPTEMBER 7, 2022

Indianapolis is known for hosting amazing events like the Indy 500, but there is so much more that makes this city great. From beautiful parks and waterways to memorials and historical landmarks, there is something for everyone to enjoy in Indy. That said, Indianapolis isn’t for everyone. Luckily, there are numerous cities near Indianapolis that may better fit your budget and needs while still keeping you within commuting distance of the city.

Sales 63

Sales Land As-is Industrial 63

Realtors Property Resource

SEPTEMBER 7, 2022

See how to create a custom search area, view traffic counts, research schools, and more! The post RPR app: Map Actions Menu appeared first on Realtors Property Resource (RPR).

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Redfin

SEPTEMBER 7, 2022

New York City, NY , “The Big Apple,” “The City that Never Sleeps,” or whatever you’d like to call it, is one of the most iconic cities in the US. A cultural, financial, and media capital that significantly influences commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports, New York City is unparalleled. .

Sales 59

Sales Banks As-is Technology 59

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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

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