Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of rea

Mortgages 522

Mortgages Marketing Lending Loans 522

Keeping Current Matters

APRIL 14, 2022

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes.

Marketing 252

Marketing 252

Housing Wire

APRIL 14, 2022

The 5% threshold has been crossed, and given all the headwinds in the U.S. economy, it doesn’t appear that mortgage rates will be dropping below that mark anytime soon. Purchase mortgages this week averaged 5%, up 28 basis points from 4.72% a week ago , according to the latest Freddie Mac PMMS. A year ago at this time, rates were at 3.13%. The GSE’s index accounts for just purchase mortgages reported by lenders over the past three days. “This week mortgage rates averaged 5% for the f

Mortgages 421

Mortgages Fixed-rate mortgage Banks Equity 421

Real Trends

APRIL 14, 2022

Home buyers looking for a home in 2022 will have to look for properties that are roughly $40,000 cheaper, according to a report released by the National Association of Realtors on Wednesday. According to NAR, rising inflation is to blame for the smaller home buying budgets. In March, inflation accelerated to 8.5% , the strongest pace of inflation in 40 years.

Mortgages 122

Mortgages Sales As-is Agents 122

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Agents

Housing Wire

APRIL 14, 2022

Federal Reserve in Washington, D.C. What happens when the Federal Reserve begins pulling back in a serious way from the mortgage-backed securities (MBS) market that it has helped to prop up through billions of dollars in bond purchases since the start of the pandemic in 2020 — to the point where it now holds a $2.7 trillion agency MBS portfolio?

Marketing 409

Marketing Purchase and sale agreement Investor Banks 409

Miller Samuel INC

APRIL 14, 2022

For each issue of Elliman Magazine produced by Douglas Elliman , the same company that publishes most of our U.S. market research , I write a brief column and create a graphic to illustrate an important issue facing the luxury housing market. Of course, the graphic I create is then supercharged by their very talented graphics staff. Listing inventory has essentially collapsed in most U.S. housing markets as unusually low rates against the backdrop of robust economic conditions have burned off su

Sales 110

Sales Closing Marketing As-is 110

Sotheby's International Real Estate

APRIL 14, 2022

What does the word “neighborhood” conjure for you? Perhaps you picture a quaint, tree-lined street with children playing in front yards, or a high-energy downtown enclave where the best cafés, clubs, and artist studios are located within blocks of each other. In truth, neighborhoods come in many forms and can fulfill many passions, pastimes, and personal pursuits.

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Housing Wire

APRIL 14, 2022

As automation continues to make a sizable impact on the real estate industry, finding the smartest ways to utilize it can help lenders sharpen their competitive edge. HousingWire recently spoke with Erin Wilson, Senior Vice President of Client Services at DataVerify, about how automating customizable workflows can help lenders save time, enabling them to focus more on building relationships with borrowers.

Loans 397

Loans As-is Investor Development 397

Brownstoner

APRIL 14, 2022

Once in a rare while, a Brownstoner reader submits photos of a house looking so polished and all-of-a-piece that we can't pass it up for The Insider. Such was the case with this Civil War-era brownstone, whose homeowners Jen Laughlin and Ghislain Thierry brought to our attention after their long, drawn-out… Read More > The post The Insider: Fort Greene Family Unveils Townhouse Reno With Chic Global Decor appeared first on Brownstoner.

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Design Renovation 105

Housing Wire

APRIL 14, 2022

Fannie Mae generated some buzz last week when it announced it would be accepting written attorney opinion letters in lieu of a title insurance policy “in limited circumstances.”. HousingWire wondered: just what were those limited circumstances? According to the government sponsored entity, the only transactions ineligible for an attorney title opinion letter are those that involve loans secured by a unit in a condo project, co-op share loans, loans secured by a dwelling on a leasehold estate, in

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Title Loans Land Industrial 397

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Loans

The Mortgage Report

APRIL 14, 2022

Today’s mortgage and refinance rates Average mortgage rates fell again yesterday. That made two consecutive days of appreciable falls. And those made a worthwhile difference to those rates. So far […].

Mortgages 105

Mortgages 105

RIS Media

APRIL 14, 2022

Coming off the red-hot real estate market of 2021, Power Brokers are regrouping and preparing for what lies ahead, unpredictable as that may be. Their outlook and their approach are grounded in market realities and the proven methods that have carried their firms through many a challenge. Here, Power Brokers provide insights on the biggest issues at hand—from inventory to inflation—and the strategies they’re deploying to ensure another successful year in 2022…no matter how the next c

Agents 102

Agents Brokerage Industrial Technology 102

Eye on Housing

APRIL 14, 2022

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter of 2002 posted a reading of 86, unchanged from the first quarter of 2021. The RMI and all of its components and subcomponents were all 80 or higher (on a scale of 0 to 100) indicating of positive residential remodeler sentiment. The RMI is based on a survey that asks.

Marketing 99

Marketing Residential 99

Brownstoner

APRIL 14, 2022

A two-bedroom apartment on the penultimate floor of a four-story brownstone in the Expanded Stuyvesant Heights Historic District has some old-school flair as well as decent closet space. The apartment has a good amount of original detail as well as some updates. It is mostly painted white and has wood… Read More > The post Apartment in Bed Stuy Brownstone With Mantel, Clawfoot Tub, Marble Sink Asks $2,700 appeared first on Brownstoner.

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As-is Marketing 98

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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

RIS Media

APRIL 14, 2022

The national remodeling industry remains strong this year, however there are signs of supply-chain fatigue starting to show on the part of consumers, according to a new report from the National Association of Home Builders (NAHB) released this week. The NAHB/Westlake Royal Remodeling Market Index (RMI) for the first quarter posted a reading of 86, which remained unchanged compared to the first quarter of 2021.

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Marketing Industrial Residential As-is 98

Brownstoner

APRIL 14, 2022

In the News How the Brooklyn Subway Shooting Unfolded [NYT] Heroic Transit Workers Evacuated Riders Fleeing Subway Shooting [AmNY]. St. Joseph’s College in Clinton Hill Becomes St. Joseph’s University [BP] Industry City Brings New Life to Beloved St. Mark’s Comics [BK Reader] The Mallard Drake to Open in Former Diamond Bar Space [Greenpointers]… Read More > The post Daily Links: City’s Housing Voucher Discrimination Unit Loses Its Last Employee appeared first on Brownstoner.

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Industrial 98

RIS Media

APRIL 14, 2022

According to the latest data from Freddie Mac released Thursday, April 14, mortgage rates have climbed to levels not seen in more than a decade. The results of its Primary Mortgage Market Survey® (PMMS®) show that the 30-year fixed-rate mortgage (FRM) averaged 5% this week, up from 4.72% last week. The last time that mortgage rates reached this level was in 2011.

Fixed-rate mortgage 98

Fixed-rate mortgage Mortgages Investor Loans 98

Tom Ferry

APRIL 14, 2022

The curse of knowledge is a hindsight bias, likened to an intellectual form of monolingualism. By using insider colloquialism, an orator is perceived as insensitively obtuse and alienating towards their audience. Well, that’s that! Good job, me! Hope you learned a lot and have a great day! Oh, was I not making sense? Sorry… Sometimes […]. The post Could Your Expertise be Hurting Your Communication?

As-is 86

As-is Sales Marketing Agents 86

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.

Agents

RIS Media

APRIL 14, 2022

If you’re thinking about purchasing a house that gets water from a well, you should have tests conducted before making a final decision. You need to make sure that the water is safe to use and that the well will be able to provide enough water for your family. Why Testing Is So Important. Water that comes from a public source is treated and tested for safety.

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Inspection Construction As-is Closing 98

Realty Biz

APRIL 14, 2022

When the COVID-19 pandemic was in full force, vacation homes suddenly became extremely popular and were some of the hottest properties on the market. However, as the pandemic abates that trend now appears to be on the wane. With life returning to normal, higher mortgage rates and an increase in loan fees for second homes now a reality, the second home market is experiencing a slowdown, housing analysts say.

Fixed-rate mortgage 81

Fixed-rate mortgage Marketing Loans Finance 81

RIS Media

APRIL 14, 2022

As the industry has had to adapt to a new real estate landscape, brokerages have had to find new avenues for growth. Once considered taboo, mergers and acquisitions are steadily becoming one of the most strategic ways a broker/owner can invest in their growth and business. Whether your business has been approached for a potential merger or acquisition, or you’re considering ways to deepen your foothold in your market, a merger or acquisition may be an option for your brokerage’s grow

Brokerage 98

Brokerage Title Lending Equity 98

Realty Biz

APRIL 14, 2022

In the aftermath of the global pandemic, commercial real estate is experiencing a resurgence. The real estate market is developing confidence to build once more. However, we are now in a different world than the one we left behind before COVID-19. There are greater security considerations to fully safeguard your building. Here we detail the key security trends penetrating commercial real estate.

Commercial 78

Commercial Agents Technology Development 78

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.

Agents

RIS Media

APRIL 14, 2022

April is Earth Month, and since sustainability is top of mind, it’s the perfect time to highlight the National Association of REALTORS® (NAR) newly updated Green Designation course. Learning about the latest high-performance trends will not only help you help your clients make more informed real estate choices, but it could also increase your earning potential.

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Branding Design Technology Development 98

Real Trends

APRIL 14, 2022

Despite rising inflation , interest rate growth, ongoing supply chain issues and material and labor shortages , home remodeling remains stable. The National Association of Home Builder/Westlake Royal Remodeling Market Index (RMI) reported a reading of 86 during the first quarter of 2022, the same as a year ago. The NAHB views this as a sign of residential remodelers’ confidence in their market for projects of all sizes.

Marketing 76

Marketing Residential Industrial As-is 76

RIS Media

APRIL 14, 2022

As a luxury real estate professional, you’re always looking for ways to differentiate yourself and stand out to potential clients, which requires you to understand the fundamentals of sales, the needs of your affluent clients, and the ability to motivate yourself towards success. While staying up-to-date with the latest news and guidance is a good starting point, you’ll find these valuable insights from the following authors that we’ve compiled for you.

Staging 98

Staging Marketing Residential As-is 98

BubbleInfo

APRIL 14, 2022

What a wild ride lately! It’s safe to say we’ll never see a March like this again: NSDCC March Sales & Pricing Year March Closings Median List Price Median Sales Price Median Days-On-Market 2015 300 $1,195,000 $1,115,000 48 2016 252 $1,162,500 $1,143,665 50 2017 258 $1,096,500 $1,074,000 45 2018 258 $1,399,000 $1,396,250 16 2019 211 […].

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Sales Days on market Closing Marketing 81

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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.

Agents

RIS Media

APRIL 14, 2022

If you fail to pay a bill, a company or government can place a lien on your property. You might have a lien related to an outstanding bill from a contractor for work that you had done on your house, or you might owe money to your homeowners association for dues you didn’t pay or a fee that you were assessed for violating a rule. You also might have a lien for unpaid taxes.

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Title search Title Closing As-is 98

Mandrona Group

APRIL 14, 2022

You’ve bought your first home—congratulations! It’s a huge milestone you finally accomplished after what could be years of saving up. Read More.

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RIS Media

APRIL 14, 2022

Your home’s exterior makes an impression on your neighbors, your guests and anyone else who visits or passes by. Curb appeal is particularly important if you’re thinking about selling your house. It won’t matter how beautiful your home is on the inside if buyers are so turned off by the exterior that they don’t bother walking through the front door.

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Mashvisor

APRIL 14, 2022

If you‘ve ever sold or bought a property, you most probably know what an MLS (Multiple Listing Service) is. Table of Contents What Is MLS? How Does It Work?

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MLS Investor Agents 74

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.

Sales