Tue.Dec 07, 2021

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How did the pandemic change the state of the appraisal market?

Housing Wire

The HousingWire award spotlight series highlights the companies that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Tech100 award are now open through next Friday, December 17, 2021. To submit your company, go here. If there’s anything that lenders and borrowers have learned from the current purchase market it’s that speed and efficiency are key to a smooth closing.

Marketing 479
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Why It Just Became Much Easier To Buy a Home

Keeping Current Matters

Since the pandemic began, Americans have reevaluated the meaning of the word home. That’s led some renters to realize the many benefits of homeownership, including the feelings of security and stability and the financial benefits that come with rising home equity. At the same time, many current homeowners have decided their house no longer meets their needs, so they moved into homes with more space inside and out, including a home office for remote work.

FHA loan 247
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All-cash transactions under scrutiny of Biden administration

Housing Wire

The Biden administration announced on Monday that it is looking to expand reporting requirements on all-cash real estate transactions. The announcement came via a U.S. Treasury Department notice seeking public comment on this potential regulation. According to the Biden administration, the aim of this regulation would be to crack down of individuals using the U.S. real estate market to launder money made through illicit activities, which the administration views as a vulnerability in the real es

Title 458
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Canada’s Highly Indebted Households Are About To Feel The Pinch From Rising Rates

Better Dwelling

One of the world’s largest economies is handcuffed to over-leveraged home buyers. An analysis from Oxford Economics looks at two rate hike scenarios in Canada. Tony Stillo, the firm’s chief economist, expects the Bank of Canada (BoC) to hike interest rates slowly. If the central bank takes this path, all households will bear the burden […]. The post Canada’s Highly Indebted Households Are About To Feel The Pinch From Rising Rates appeared first on Better Dwelling.

Banks 131
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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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More renters and homeowners are missing payments

Housing Wire

More than five million households failed to make their rent or mortgage payments in October, an increase compared to the same period of 2020, and a concern for mortgage servicers. According to the Mortgage Bankers Association ‘s Research Institute for Housing America (RIHA), the number of households missing rent or mortgage payments increased from 5.33 million to 5.43 million between October of 2020 and October 2021.

Mortgages 458
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How the “Great Resignation” is Driving the “Real Estate Renaissance”

Coldwell Banker

Latest Coldwell Banker explores where Americans are moving, unveiling what the “Great Resignation” means for real estate markets across the nation. The post How the “Great Resignation” is Driving the “Real Estate Renaissance” appeared first on Coldwell Banker Blue Matter.

Marketing 112

More Trending

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Canadians Are More Indebted; Low Rates Did Not Improve Real Estate Affordability: BoC

Better Dwelling

After decades of telling the public that low rates make housing affordable, Canada’s central bank is declaring, whoops! Bank of Canada (BoC) research shows decades of low rates did not make housing affordable. In fact, it had the opposite effect — increasing the size of mortgage debt. Real estate markets absorbed the increased debt capacity […].

Banks 106
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HUD ends silence on targeted lending programs

Housing Wire

The Department of Housing and Urban Development (HUD) on Tuesday resolved uncertainty around special purpose credit programs, 45 years after Congress allowed lenders to tailor products to groups that have historically been excluded from homeownership. In a legal memo, HUD stated that SPCPs are allowed under the Fair Housing Act. “Despite SPCPs’ being specifically authorized under [the Equal Credit Opportunity Act], for too long banks have expressed reticence to establish these programs, so

Lending 441
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Fall has brought record rent prices and they’re not slowing down

The American Genius for Real Estate

(REAL ESTATE DATA) A market saturated with buyers and fewer homes, along with current job growth, is causing just as much demand for rent as to own. The post Fall has brought record rent prices and they’re not slowing down appeared first on The American Genius Real Estate.

As-is 105
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Fed pulling back from the MBS market cautiously

Housing Wire

The Federal Reserve Bank of New York later this week plans to sell up to $90 million in agency mortgage-backed securities (MBS) now held in portfolio, a small sale, but still an interesting move in the current economic climate. . The MBS asset sale is not indicative of a change in monetary policy on the part of the Federal Reserve, the announcement of the sale states.

Marketing 431
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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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Introducing… Font Picker!

Easy Agent Pro

LeadSites have always been real estate websites that strive to bridge the gap between customizable and easy to use, and I’m proud to say our newest update gives users more control than ever before. Now, users can customize the various fonts of their website to fit their needs with the new Font Picker tool. For LeadSites users, this tool can be found under the Settings tab.

Agents 106
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The Impact of Brand Awareness

Housing Wire

Every company has different goals and objectives when it comes to marketing. In my last post, I started to break down HW Media’s findings from a recent survey conducted with SOAR Performance Group to analyze companies’ marketing priorities, tactics and budget allocations for 2022 to get a better insight into other companies and how their organizations compare to their peers.

Branding 397
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Inside a Cliffside Architectural Landmark in Santa Barbara

Sotheby's International Real Estate

In the exclusive private community of Hope Ranch, impressive estates and charming family homes on peaceful tree-lined streets enjoy a private beach and tennis courts, a members-only golf club, idyllic picnic grounds, and miles of equestrian trails—but most of all, outstanding views of the mountains and the ocean. This sophisticated residence perched on a lofty ocean bluff was designed by 20th-century architect Wallace Neff—revered as the father of California-style architecture—and is one of the

Design 103
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Master Class: How to become an experience architect

Housing Wire

In this fun and informative master class exclusively for HW+ members, Experience.com ’s Chief Experience Officer, Brittany Hodak , shares a simple framework every marketing and sales leader can use to design intentional customer journeys, elevating every customer interaction into an experience. No matter what part of the housing industry you fall into, this mastermind will equip you with the information you need to become an experience architect.

Design 393
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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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Landlords and the COVID-19 Vaccine: Can or Should They Require It?

Realty Biz

As COVID-19 vaccine mandates become increasingly widespread and controversial, many landlords around the country are feeling pressure to address the issue. This topic is particularly pressing for landlords with multi-unit housing, where common spaces, shared facilities, and on-property amenities like gyms and pools can make vaccination status a critical issue for tenants.

As-is 100
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First Team’s 2nd Annual Team Kids Charity Golf Tournament Raises $400k

First Team Real Estate

Held at the Monarch Beach Golf Links in Dana Point, our second annual Team Kids Charity Golf Tournament this week raised $400,000 for the local non-profit thanks to the additional generosity of Team Kids Board Members Charles Glorioso, Joe Selby, and the Macquarie Group Foundation matching the total revenue raised. An Orange County-based charity organization whose mission is to empower youth to change the world, Team Kids and First Team share a purpose to serve and better our Southern California

Agents 98
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Built in 1704, a Building in the Heart of Newport, RI, Is the Week’s Oldest Home

Realtor.com

Realtor.com Located right in the heart of Newport, RI, this week’s oldest home on Realtor.com® comes with a (relatively) low price tag and a wealth of opportunities. Just blocks from the water, this mixed-use building dating back to 1704 could use a little love. But for the right buyer, it’s a thrilling chance to create a retail, artist, or rental space out of this antique building.

Design 98
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Dreaming about moving? You’re not alone. How the “Great Resignation” is sparking real estate dreams across America

Coldwell Banker

Coldwell Banker survey reveals how the “Great Resignation” is creating new real estate dreams across the country. The post Dreaming about moving? You’re not alone. How the “Great Resignation” is sparking real estate dreams across America appeared first on Coldwell Banker Blue Matter.

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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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A Look Inside JoJo Siwa’s $3.5 Million Mediterranean-Style Mansion

Fancy Pants Homes

At the tender age of 18, JoJo Siwa already has a net worth estimated to be over $20 million. Joelle Joanie “JoJo” Siwa became a reality star at just 9 years old when she competed on the Dance Moms spinoff Abby’s Ultimate Dance Competition. And that was just the beginning. Building on her rising popularity, JoJo branched out, conquering TV, music, and merchandising, while also launching her a wildly popular YouTube channel which now has well over 12 million subscribers.

Title 97
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Barndominium Raising: How Much Does It Cost To Build This Trendy Home?

Realtor.com

Photo via Houzz by Buildmax House Plans The COVID-19 pandemic has many of us longing to escape to wide-open spaces where we could live on a farm and sit on our front porch sipping a steaming cup of java as the sun rises. But, alas, buying a new home in the exurbs these days can be pricey and competitive to boot. Fortunately, there’s a sweet alternative to a traditional country house: the barndominium. “We’ve seen a massive rise in demand as people look for … economical wa

Land 95
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Bed Stuy Historic District Property Owners Can Learn About Grants, Permits With Virtual Session

Brownstoner

Have questions about the landmarks process or what grant opportunities there might be to help preserve your historic Bed Stuy property? Property owners in the Bedford, Stuyvesant Heights and Bedford Stuyvesant/Expanded Stuyvesant Heights and Alice and Agate Courts historic districts are invited to take part in a virtual presentation by… Read More > The post Bed Stuy Historic District Property Owners Can Learn About Grants, Permits With Virtual Session appeared first on Brownstoner.

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Mortgage and refinance rates today, Dec. 7, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday. But such a small increase is unlikely to bother you much. Don’t let tiny movements on Monday and last […].

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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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I am Looking for a New Life. Where Should I Move to Start Over?

HomeLight

Life can be messy and the allure of newness often makes moving a path for those seeking a fresh start. A complete change of scenery, new friends, house, job, community and weekend hangout spots, can bring a sense of excitement for those who’ve come to associate their current city with a feeling of malaise. Then there are others who’ve fallen on hard times and want to break the cycle with a change of environment.

Agents 93
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How to cash-out on the record-high equity in your home

The Mortgage Report

Home equity ascended to a new peak in the third quarter and mortgage borrowers should weigh their options before tapping into it.

Equity 110
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Daily Links: Brooklyn Heights Neighbors Sleuth Source of Disruptive, Puzzling Noise

Brownstoner

In the News Search for Brooklyn Heights Noise Turns Into Crowdsourced Investigation [Eagle] BPL Celebrates 125th Anniversary With Unveiling of Two New Facilities [BP]. Grand Street Food Drive Runs Through December 19 [Greenpointers] Greenpoint Home Tour: House of Mirrors [Greenpointers] Top 10 Secrets of Bushwick [Untapped] A Former Win Son Chef Steps Out on His… Read More > The post Daily Links: Brooklyn Heights Neighbors Sleuth Source of Disruptive, Puzzling Noise appeared first on B

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Conventional refinance rates and guidelines for 2021

The Mortgage Report

A conventional refinance can lower your rate, pay off any loan, remove mortgage insurance, and more. Conventional refinance rates for %%currentyear%%.

Loans 98
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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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Rookie Kootenay Realtor Jennifer King joins eXp Realty

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Rookie Kootenay Realtor Jennifer King joins eXp Realty. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Jennifer King of Sparwood, B.C. recently joined eXp Realty.

Land 89
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Treasure House in West Texas Has Booty Built Right Into the Walls

Realtor.com

Realtor.com The walls of this West Texas house are a scavenger hunt of sorts. “The Treasure House is what I call it. Everywhere you turn, there’s something to see, and you could make a game of it. A game of ‘I Spy’ would be really fun in there,” says the listing agent, Skye Farris with Legacy Real Estate. Located way down in Terlingua, TX , the residence measures a modest 1,209 square feet, but nearly every bit of it is covered with stone and other treasures—inside and out.

Land 85
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Cash-out refinance to pay off debt: Is it worth it?

The Mortgage Report

Many homeowners use a cash-out refinance to pay off debt. But is this form of debt consolidation a good idea for you? Find out here.

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Williamsburg Duplex Condo Loft With Handcrafted Wood Kitchen, Exposed Brick Asks $1.495 Million

Brownstoner

This duplex condo loft for sale in south Williamsburg offers gritty industrial authenticity and a stunning handcrafted kitchen in the vein of sculptor JB Blunk. Located at 330 Wythe Avenue in a former shoe polish factory now known as the Esquire Building, the unit is spacious but has only one… Read More > The post Williamsburg Duplex Condo Loft With Handcrafted Wood Kitchen, Exposed Brick Asks $1.495 Million appeared first on Brownstoner.

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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.