Wed.Mar 03, 2021

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Mortgage applications recover as winter storms pass

Housing Wire

Mortgage applications recovered slightly from last week , increasing 0.5% for the week ending Feb. 26, 2021 according to the latest report from the Mortgage Bankers Association. A giant dip in applications was reported following the devastating winter storms in Texas the week of Feb. 8, but a week of normalized weather brought numbers back up, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting.

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How Smart Is It to Buy a Home Today?

Keeping Current Matters

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move. However, there’s one category that provides a simple answer.

Equity 348
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MAXEX unveils green energy home improvement loans

Housing Wire

MAXEX , a digital exchange platform for buying and selling residential loans, announced on Wednesday the launch of two new lending programs in collaboration with JPMorgan Chase for green energy home improvements. The programs include MAXEX Sustainable, which allows borrowers to finance green energy renovations into their 30-year fixed mortgage, and allows for residential solar panels and geothermal units to be amortized in the loan at the point of purchase or refinance.

Loans 451
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8 Bad Reasons for Not Making an Offer on a House You Like

Lighter Side of Real Estate

Buying a home can be a nerve-racking experience, no matter what price range you’re in. Spending (or borrowing) hundreds of thousands of dollars, uprooting all of your belongings, and stepping into the semi-unknown can stress even the most level headed people, causing second thoughts and doubts. There are plenty of legitimate reasons not to make an offer on a house, like: structural issues, it’s over your budget, or the location isn’t ideal, to name a few.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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Appraisal Foundation: Appraisers must take course on bias

Housing Wire

Reacting to headlines pointing to racial bias in some home appraisals, the Appraisal Foundation this week said that it would require all appraisers to take a seven-hour course focused on fair housing laws and bias. The move is in response to a series of well-publicized instances over the past year in which white appraisers were accused of valuing homes for minorities at lower values than whites in the same neighborhood.

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Compass rivals question path to profitability

Housing Wire

Compass ’s S-1, a disclosure the company filed Monday as a shareholder pitch, runs over 250 pages long. But nowhere in the voluminous filing , observers say, is a lucid argument as how Compass might become profitable. “They showed a $270 million loss in an insanely booming housing market,” noted Jonathan Miller, a real estate appraiser at Miller Samuel.

Brokerage 395
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Nearly 90 Percent of Builders Have Trouble Getting Appliances

Eye on Housing

In the survey results described in one of last week’s posts, prices of building material ranked as the number one problem among NAHB’s single-family builders, and availability of building materials ranked second. These concerns are not surprising, given the surge in building material prices reported in the latest Producer Price Index data from the Bureau of Labor Statistics.

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Canadian Non-Bank Lender Data Shows Insured Mortgages Defaulting At A Higher Rate

Better Dwelling

Canada’s mortgage lenders have seen the arrears rate fall down to pre-pandemic levels. The composition of that rate is now totally different though. Statistics Canada (Stat Can) data shows us the number of mortgages in arrears over 90 days at non-bank lenders for Q3 2020. The rate of arrears is now back to where it […]. The post Canadian Non-Bank Lender Data Shows Insured Mortgages Defaulting At A Higher Rate appeared first on Better Dwelling.

Banks 127
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How long does underwriting take? Is ‘no news good news’?

The Mortgage Report

Mortgage underwriting can take days or weeks depending on your lender and application. Here's what to expect from underwriting and what to do about delays.

Mortgages 116
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The 2025 Real Estate Roadmap to Success

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.

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8 Ways to Optimize Your Site for Lead Generation in Minutes

Jason Fox

8 Ways to Optimize Your Site for Lead Generation in Minutes. What if you could improve the amount of leads generated by your real estate website without increasing traffic numbers? You’re probably investing time and money on promoting your site in the attempt to see traffic improvements month to month. If you’re not also maximizing ways to optimize the website for lead flow, then you’re most.

Marketing 116
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Coldwell Banker Real Estate Announces 2020 Year-End Award Winners

Coldwell Banker

The awards recognize Coldwell Banker-affiliated real estate professionals who demonstrated exceptional sales production and leadership throughout the past year. The post Coldwell Banker Real Estate Announces 2020 Year-End Award Winners appeared first on Coldwell Banker Blue Matter.

Sales 114
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Toronto Real Estate Prices Rip Higher, With Detached Homes Rising $62,000 Last Month

Better Dwelling

For Greater Toronto real estate, detached homes are living in 2017, while condos are stuck in 2009. Toronto Regional Real Estate Board (TRREB) data shows home prices increased in February. When looked at in aggregate, the whole market is on fire. Breaking it down, there’s two distinct markets. Detached homes are adding multiple years of […].

Marketing 113
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Ken Jenny: ‘Visionary, Change Agent and Champion’ for Real Estate

RIS Media

For more than 35 years, Ken Jenny was a stalwart ambassador of the residential real estate community—always at the ready with a strategic idea, an honest opinion or an incisive quip. Now, the industry mourns his untimely passing earlier this week. According to reports, Jenny succumbed to heart failure in Reno, Nevada, on March 1. He was 66. “It is impossible to describe Ken in a few sentences—there is just too much to be told about a person who loved life and had so many different groups o

Agents 111
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Mortgage and refinance rates today, March 3, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell yesterday — further than looked likely first thing. Remember last Thursday’s big rise? Well, movements since then have pretty much eliminated […].

Mortgages 111
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Who Are Millennial Home Buyers in 2021?

Realty Biz

First-time homebuyers during the COVID-19 pandemics face unique challenges to acquire a home in today’s market. New house inventories are limited across the nation, existing homeowners are reluctant to sell in this period of uncertainty, and lenders are raising credit and underwriting standards for new loans. Millennials — those born between 1981 and 1996 — are the largest generation group in America, about one in five of the population.

Finance 107
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Brownstone Boys: How to Maximize Natural Light in a Brooklyn Townhouse

Brownstoner

Editor’s note: Welcome to the Brownstone Boys Reno, a reader renovation diary about renovating a brownstone in Bed Stuy. See the first one here. They also blog at www.thebrownstoneboys.com. Most brownstones or townhouses are narrow and long. Widths of 20 feet and lengths of 45 feet are typical. For row houses… Read More > The post Brownstone Boys: How to Maximize Natural Light in a Brooklyn Townhouse appeared first on Brownstoner.

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Automated Scheduling of Showings

BubbleInfo

The industry has been abuzz over Zillow buying ShowingTime, our appointment-scheduling service. Wouldn’t it be great if Zillow published the number of showings publicly? The intel that could be gathered would be of great interest to buyers, and help enhance the home-selling transparency. The data is already available. Buyer-agents who book their appointments to show […].

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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The Japanese Tradition of Wabi-sabi

American Lifestyle

The post The Japanese Tradition of Wabi-sabi appeared first on American Lifestyle Magazine.

Design 105
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Leadership to Survive…or Thrive

RIS Media

“Pivoting,” “unprecedented,” “new normal,” “stay safe.” These are all words or phrases that quickly became a part of our everyday conversations last March. Business leaders across the country were scrambling to chart new courses in a changed world. At HomeSmart International, we decided to take a different path.

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Bryan Cranston’s ‘Remarkable’ Green Beach House Is Listed for $5M

Realtor.com

Bruce Glikas/WireImage Bryan Cranston shot the TV series “Breaking Bad” in New Mexico, but he also lived the good life on the California coast during his down time when he was done. The acclaimed actor was actively involved in the construction of a net-zero carbon-footprint beach house, designated LEED Platinum, in Ventura, CA. He’s now ready to sell the cutting-edge dwelling he dubbed “Three Palms.” It’s on the market for $4,995,000.

Land 102
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A Platform for Agent Training and Increased Value

RIS Media

A Branded Company Platform Will Launch Agents, Grow Sales and Increase Retention. Depending on the size of your brokerage, you may or may not already have an internal learning platform for training new and experienced agents. Even if you do, that training may be through a national corporate site, so it may not address local training needs specific to your office.

Agents 102
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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LeBron James Lists Brentwood Mansion for $20.5M

Realtor.com

realtor.com, Getty Images The NBA superstar LeBron James is dribbling away from one of his Brentwood homes, the New York Post reports. The posh property is available for a cool $20.5 million. The owner of multiple properties around L.A. and beyond, the Los Angeles Lakers star scooped up this place in 2015 for $20,986,500, slightly more than he’s asking now.

Branding 101
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How to Reduce Clutter in Your Kitchen

RIS Media

The kitchen is likely a place where members of your family spend a significant amount of time. It’s used for cooking and eating, and sometimes for working and doing homework. The kitchen therefore tends to attract and accumulate a lot of clutter. Here are some tips to help you tidy your kitchen and keep things organized. Ask Yourself What Is Truly Necessary.

Design 100
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Own a Rental Property? Why Filing Your Taxes This Year Rules

Realtor.com

Leonardo Patrizi/iStock My husband and I recently purchased our first rental property. Over the past few months, we’ve repaired and renovated the 1930s-era home, and are starting to look for tenants. And it turns out, our timing couldn’t be better: The Tax Cuts and Jobs Act made several changes for rental property owners that portend a more profitable enterprise than it used to be.

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Ornate Stuy Heights Limestone With Wood-Filled Interior, Working Dumbwaiter Asks $2.75 Million

Brownstoner

Practically bursting at the seams with details, this 1890s Stuyvesant Heights beauty is sure to appeal to lovers of Gilded Age interiors. Elaborate woodwork, pier mirrors, a columned divider with stained glass, mantels, pocket doors, built-ins and a working dumbwaiter are just a few of the details to be found… Read More > The post Ornate Stuy Heights Limestone With Wood-Filled Interior, Working Dumbwaiter Asks $2.75 Million appeared first on Brownstoner.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Behind The Scenes: The Other Side

Toronto Realty Blog

TorontoRealtyBlog. Do you know how to access the dark web ? I don’t. But they talk about it a lot in Mr. Robot, and who can forget the movie War Dogs with Jonah Hill? A reader emailed me on Tuesday morning and said, “You’re trending on Reddit right now,” and that was, for a guy like myself, my dark web moment. Reddit? Okay, I’m 40-years-old, and like most people my age, I believe I was the first person that any of you have ever met to download an MP3 from Napst

Agents 98
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6 Creative Ways to Declutter Your Home

Point2Homes

Image: Kostikova Natalia / Shutterstock.com. We all start the decluttering process with the best intentions. But sometimes, the sheer size of the job can become discouraging. If you’re working your way through decluttering your home, but have hit a wall, don’t worry! This is actually a pretty common decluttering problem. But there are plenty of ways to make the process more fun and help keep you motivated.

As-is 98
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Thinking of Moving to New Jersey? Watch This Brownstoner Webinar Video First

Brownstoner

New Yorkers looking to make the move to New Jersey got valuable insights into Maplewood, South Orange, Montclair, West Orange and surrounding towns during "Thinking of Moving to New Jersey?" on February 25. The free webinar, part of the Brownstoner Home Events series, can be viewed here. [link]. The webinar featured Allison Ziefert and… Read More > The post Thinking of Moving to New Jersey?

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