Mon.Jan 11, 2021

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LoanDepot files paperwork to go public in 2021

Housing Wire

The moment has finally arrived: California-based lender loanDepot has filed an updated S-1 with the Securities and Exchanges Commission and plans to go public in 2021. The company, founded by billionaire entrepreneur Anthony Hsieh, said Monday that its affiliate loanDepot Inc. had confidentially filed paperwork, but it hasn’t determined how much stock will be sold or at what price.

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What Does 2021 Have in Store for Home Values?

Keeping Current Matters

According to the latest CoreLogic Home Price Insights Report , nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained : “Home price growth remained consistently elevated throughout 2020.

Sales 345
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Forbearance rate falls to mid-April levels

Housing Wire

The U.S. forbearance rate fell seven basis points last week to 5.46% of servicer’s portfolio volume, according to a survey from the Mortgage Bankers Association on Monday. As of last week’s data set, forbearance portfolio share is now below numbers Black Knight reported in mid-April of 2020. Every investor class managed to see a decline in rate, with Fannie Mae and Freddie Mac once again claiming the smallest forbearance rate at 3.19%.

Loans 432
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Significant Sales | 2020 Highlights

Sotheby's International Real Estate

From the sale of the highest-priced home in the history of Vail, Colorado, to that of an architectural masterpiece in Las Lomas, Mexico, highlighted here are 10 Significant Sales from 2020 represented by the Sotheby’s International Realty® global network. Vail, Colorado. Sold for $57,250,000 | Tye Stockton, LIV Sotheby’s International Realty.

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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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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials. Syndicated columnist Lew Sichelman reported Sunday that Dmitry Shkipin of HomeOpenly.com alleged that Rocket Homes was receiving what amounted to illegal kickbacks while vi

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People movers: Wyndham Capital, CBC Mortgage

Housing Wire

With so many new hires in the industry, we’re adding our weekly people mover announcement list to the beginning of the week. Wyndham Capital Mortgage appointed Mike Ciambotti as chief information officer, bringing more than 17 years of financial technology experience to the position. Ciambotti joins the company from Wells Fargo where he most recently served as chief technology officer for Home Lending Servicing Technology.

Mortgages 314
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Canadian Seniors Are The Only Demographic Seeing Higher Mortgage Delinquencies

Better Dwelling

Canadian mortgage delinquencies are fairly boring these days, until you drill down and look at the demographic shift. Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies were flat in Q3 2020. When looking at their age breakdown though, it shows delinquencies on mortgages held by seniors is soaring. Balancing out the statistic is […].

Mortgages 128
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Non-QM lending is making a comeback

Housing Wire

Even with total credit risk transfers (CRT) and non-QM lending trending down due to seasonality, some observers are predicting a strong beginning to 2021. Officials with dvo1, a lending markets analytics company , remain encouraged by low levels of new impairments, which reached pre-pandemic levels in both CRT and non-QM. Vadim Verkhoglyad, dv01 vice president and co-head of research and publication, said modifications should conclude in the upcoming months and the industry shouldn’t expec

Lending 293
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As Boomers downsize, heirlooms are being rejected

The American Genius for Real Estate

(HOMEOWNERSHIP) As baby boomers downsize and capitalize on senior management, heirlooms and antiques are falling to the wayside (they just don't spark joy). The post As Boomers downsize, heirlooms are being rejected appeared first on The American Genius Real Estate.

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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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Converting a mobile or manufactured home to real property

The Mortgage Report

You can finance a manufactured home, but only if it's considered 'real property'. Learn about converting a manufactured home to real property here.

Finance 116
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Wild on the Waterfront: This Custom-Built Florida Mansion Is So Totally ’80s

Realtor.com

Rafal Wazio/ Cary John Photography A custom-built waterfront house with serious “Miami Vice” vibes is on the market for $3.2 million. Built in 1986, this throwback house on Belle Isle Avenue in Belleair Beach, FL, is on the Intracoastal Waterway. Located near the warm waters of the Gulf, it sits on a key just outside the city of Clearwater.

Design 114
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Mortgage and refinance rates today, January 11, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher again last Friday. So they’re appreciably higher than they were this time last week. But, even so, they remain within […].

Mortgages 111
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Brooklyn Public Housing Could Finally Get Urgently Needed Repairs, Due to Fed Shift

Brownstoner

Brooklyn Rep. Nydia Velazquez introduced legislation this week that would provide $70 billion in federal funding for public housing repairs across the country, as Democrats are set to take control of all three chambers of government in Washington. The bill, dubbed the Public Housing Emergency Response Act, would increase funding… Read More > The post Brooklyn Public Housing Could Finally Get Urgently Needed Repairs, Due to Fed Shift appeared first on Brownstoner.

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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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Enough, is Enough: how much minimalism do you need to succeed?

The American Genius for Real Estate

(EDITORIAL) Nobody starts a business praying for failure and debt. But, if we don’t identify what is enough for us, we can have a hard time pulling ourselves out. The post Enough, is Enough: how much minimalism do you need to succeed? appeared first on The American Genius Real Estate.

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How to Build a Healthy Smoothie + Three Healthy Smoothie Recipes

American Lifestyle

The post How to Build a Healthy Smoothie + Three Healthy Smoothie Recipes appeared first on American Lifestyle Magazine.

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Influential Brooklyn Retailer Bird Shuts Up Shop

Brownstoner

The pandemic has killed another Brooklyn retailer. Bird, the men's and women's clothing store known for its interiors by Brooklyn architect Ole Sondresen and fashions by such as Rachel Comey and Dries Van Noten -- and which at its height had four stores in Brooklyn and one in Los Angeles,… Read More > The post Influential Brooklyn Retailer Bird Shuts Up Shop appeared first on Brownstoner.

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Put Your Oxygen Mask on First

RIS Media

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. I often see articles about juggling all of the things that we as women have to do these days. Take care of lead generation, get deals negotiated, ensure we have a deal pipeline, be present with our spouse or significant other, be a parent or caretaker, keep our home clean, pay our bills…the list goes on.

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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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Sharp Rebound in Real GDP in All States and D.C. in the Third Quarter of 2020

Eye on Housing

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia, in the third quarter of 2020 compared to the previous quarter. The U.S. Bureau of Economic Analysis reported real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 52.2% in Nevada to 19.2% in the District of Columbia. Nationwide, real GDP growth.

Marketing 104
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How Do Single Female Buyers Differ From Other Homebuyers?

RIS Media

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. Each year, when the National Association of REALTORS® (NAR) research team releases its annual Profile of Home Buyers and Sellers report, brokers have an exceptional opportunity to gain valuable market insights. What stories can the data tell us, and how can the research help agents be more effective in serving homebuyers?

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Family Adventure Day At The Lighthouse This Weekend

Waterfront Properties

This weekend, the Jupiter Inlet Lighthouse and Museum is hosting their annual Family Adventure Day. The fun filled day has been redesigned to create socially distant and funs ways to visit the Lighthouse grounds with activities and adventures. Each child will receive a Youth Explorer Goodie Bag to begin the family adventure. The bag includes a pair of binoculars, coloring pages, a Lighthouse pencil, a ship-making kit, and clues to a special mystery scavenger hunt.

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Teach Your Team About Business Profitability

RIS Media

Smart Management of Revenue and Expenses Will Improve Agents’ Income and Performance. You and your team have likely already set new goals for 2021. If you are like most real estate agents, those goals will include sales goals such as closed volume, closed units and gross commissions. An often-overlooked part of real estate goals, however, is the net profit that your agents will earn after expenses.

Agents 105
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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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Best Pods Moving and Storage Container Companies

Maximum Exposure Real Estate

Who Are The Best Pods Storage Companies? Are you looking to find out who are the best moving storage container companies? When you are moving and have storage needs, there are many options and companies to choose from. Moving Pods are big business now. For those that don’t know, PODS stands for portable on-demand storage. […]. The post Best Pods Moving and Storage Container Companies appeared first on Massachusetts Real Estate Exposure.

Marketing 103
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Recruiting for Long-Term Growth

RIS Media

When recruiting, the goal is to have agents find a home in your team—it’s much more than just a place to be hired. And if it isn’t, then your agents are likely to be picked up by a team that provides better incentives to stay. Recruitment is only half about bringing new agents on board. The other half is about keeping them. Therefore, recruitment and retention must happen simultaneously if you’re going to create a place where agents can thrive and remain thriving.

Agents 105
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Spacious, Gut-Renovated Bed Stuy Brownstone With Roof Deck Asks $2.15 Million

Brownstoner

Here’s a gut-renovated five-bedroom brownstone in Bed Stuy that has a number of desirable features, most notably a roof deck big enough for outdoor dining and socially distanced gatherings. Located at 586 Quincy Street, the home is currently configured as a spacious owner’s duplex above a garden level apartment. High ceilings,… Read More > The post Spacious, Gut-Renovated Bed Stuy Brownstone With Roof Deck Asks $2.15 Million appeared first on Brownstoner.

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Ruth Bader Ginsburg: Paving the Way for Women in Real Estate

RIS Media

This article first appeared in Real Estate magazine’s special-edition Women in Real Estate issue. View the entire issue here. As 2020 bid a final farewell to Supreme Court Justice Ruth Bader Ginsburg, we’re looking back at Ginsburg’s legacy and the impact she had within the real estate industry. Before rising to the position of Supreme Court Justice, Ginsburg faced her own experiences with sexism.

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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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New Places to Look for Your Next Home

American Lifestyle

The post New Places to Look for Your Next Home appeared first on American Lifestyle Magazine.

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Building Your Career as a New Real Estate Agent

RIS Media

It’s no secret that 2020 was a tough year for many. At the end of last year, 12.6 million Americans were out of work due to the COVID-19 pandemic, leaving folks to wonder how they’d pay the monthly mortgage and other essential bills. The financial uncertainty has pushed many toward a career change, and since people will always need a roof over their heads, real estate has become the place to be. .

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Coldwell Banker Global Luxury Establishes Exclusive Benefits with JamesEdition for Luxury Property Marketplace

Coldwell Banker

Coldwell Banker is the only national real estate brand with full access to the suite of offerings, promotion tools on the premier luxury listings platform. The post Coldwell Banker Global Luxury Establishes Exclusive Benefits with JamesEdition for Luxury Property Marketplace appeared first on Coldwell Banker Blue Matter.