Housing Wire
NOVEMBER 24, 2021
Mortgage rates remained at 3.10% in the week ending Nov. 24, according to the latest Freddie Mac PMMS mortgage report. A year ago at this time, the average 30-year fixed-rate loan averaged just 2.72%. Sam Khater, Freddie Mac’s chief economist, said interest rate volatility has been low, despite the noise around the economy, inflation, and monetary policy.
Keeping Current Matters
NOVEMBER 24, 2021
Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the year and reach 3.0%, rising to 3.5% for full year 2022.”.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
NOVEMBER 24, 2021
Mortgage applications increased 1.8% for the week ending Nov. 19, despite higher rates, according to the Mortgage Bankers Association (MBA) survey published on Wednesday. The increase was mainly driven by the purchase index growing by 4.7% from the previous week, on a seasonally adjusted basis. Concurrently, the refinance index grew by 0.4% from the week prior.
GeekEstate
NOVEMBER 24, 2021
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Knock.]. A platform combining Sharon, a conversational AI bot, with a self touring experience for landlords looking to fill vacant apartment units, Knock handles the listing marketing to maximize the number of potential leads and conversions.
Advertisement
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.
Housing Wire
NOVEMBER 24, 2021
This week’s HW+ member spotlight features American Pacific Mortgage CEO Bill Lowman. Joining the company in 2002, American Pacific Mortgage named him president in 2004, and in 2016 he became CEO. Leading one of the largest independent mortgage banks in the country, Lowman is active in the industry, serving as immediate past chairman/treasurer at the California Mortgage Bankers Association , along with serving on the Mortgage Bankers Association’s Residential Board of Governors.
Realtor.com
NOVEMBER 24, 2021
Realtor.com Summers on Cape Cod are about to get a whole lot nicer for a buyer with an itch for waterfront living—and serious dough. You really can’t get any closer to the water than these three cabins on a private pier located at 99 Commercial St. in Provincetown, MA. On the market for $1.75 million, the rustic compound is a turnkey opportunity to create a private camping trifecta.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realtor.com
NOVEMBER 24, 2021
Getty Images / Realtor.com Dave Ramsey , the personal finance whiz, has sold his Franklin, TN, estate for $10.2 million—over $5 million less than he had initially hoped to snag. He placed his palatial residence on the market in February for $15.45 million. A deal closed at 34% off Ramsey’s asking price in August, according to property records.
Housing Wire
NOVEMBER 24, 2021
Anthony Hsieh, founder and CEO of loandepot. A former loanDepot employee has filed a lawsuit against the company and its CEO, Anthony Hsieh, for allegedly discriminating against him due to his physical disabilities and his sexual orientation. This is the second lawsuit filed this year that alleges a toxic, masculine culture at the California-based nonbank lender.
BubbleInfo
NOVEMBER 24, 2021
Going into Thanksgiving. let’s summarize the current market conditions…… San Diego’s -51.5% (above) is still #1 on Bill’s list of local housing markets for the largest decline in active inventory in October. The active inventory reflects the velocity of new listings coming to market to replace those going pending every month.
Housing Wire
NOVEMBER 24, 2021
The state of New York recently adopted legislation applying the Community Reinvestment Act (CRA) to nonbank mortgage lenders, also known as independent mortgage banks (IMBs). This comes after similar action by Illinois. While driven by good intentions, these new requirements are likely to be ineffective and counterproductive — and there are better ways to achieve those intentions.
Advertiser: Trellis
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.
Brownstoner
NOVEMBER 24, 2021
The latest tower to go up in the long-in-the-works Pacific Park (Atlantic Yards) mega-development is a market rate one on the corner of Pacific and 6th Avenue in Prospect Heights, once known as B5. The developer, The Brodsky Organization, has applied for a tax break under the state's 421-a program and as a result, the building… Read More > The post Don’t Call It Affordable Housing: Lottery Opens for Pacific Park Tower in Prospect Heights appeared first on Brownstoner.
Housing Wire
NOVEMBER 24, 2021
If you added up the impact that HousingWire ’s Vanguard winners have had on the industry, you’d likely have a comprehensive list of the initiatives that have moved markets forward. These are the leaders who have dreamt, shaped and molded a better way to execute the home-buying journey. From injecting technology into the mortgage process to redefining the real estate agent and home shopper relationship, these leaders have laid the foundations for millions of homeowners.
The American Genius for Real Estate
NOVEMBER 24, 2021
(REAL ESTATE BIG DATA) Even though the national eviction ban has lapsed, 7 states and over 20 cities still have policies in place for renters eviction protection. The post Cities and states where renters eviction protection policies are still in place appeared first on The American Genius Real Estate.
Realty Biz
NOVEMBER 24, 2021
As 3D house construction becomes reality, early indications are these houses might be built in half the time and for half the cost. The 3D-printed housing industry is still very early in its development. Although new 3D houses are coming on the market and being sold, you should expect a lot of future experimenting with new techniques, materials, methods, and hardware.
Advertisement
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.
Lab Coat Agents
NOVEMBER 24, 2021
Do you feel UNCOMFORTABLE on VIDEO? I used to feel pretty awkward when I set up my video camera, but not anymore! All those worries about how I look and sound, or the concerns about my viewers judging me went away once I realized I was focusing on the WRONG thing… myself! Well, here is the hard truth. WE NEED TO GET OVER OURSELVES. GET OVER OUR EGOS.
Waterfront Properties
NOVEMBER 24, 2021
As temperatures cool in Palm Beach County, it provides the ultimate opportunity to meet one of our most-loved residents, the Florida manatee. Our beloved “sea cows” are massive marine mammals that live in the coastal waters of Florida. Manatees have earned the reputation as gentle giants. They are large, slow-moving marine mammal with an elongated, round body and paddle-shaped flippers and tail.
The Mortgage Report
NOVEMBER 24, 2021
Today’s mortgage and refinance rates Average mortgage rates nudged higher yesterday, taking them to their highest point in several months. Still, they remain incredibly low by pre-pandemic standards. It’s looking […].
Realtor.com
NOVEMBER 24, 2021
Getty Images When it comes to having houseguests, most people fall into one of two camps. There are those who adore hosting guests, and set up a sweet sanctuary complete with lovely linens, scented candles, and a guest bathroom stocked with fancy soaps, toothbrushes, and travel-size toiletries. At the other end of the spectrum are the people who would rather deal with an invasion of locusts than have their personal space invaded by guests.
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.
Brownstoner
NOVEMBER 24, 2021
In the News New York Targets Affluent Neighborhoods in Push for Affordable Housing [NYT] Dumbo’s Downstairs Retail Tenants Suffer Rainstorm Woes [Eagle] Greenpointers Chip in to Deck Out Manhattan Avenue for the Holidays [BP] Google, Amex Reveal Bushwick Mural of Items From Black-Owned Biz [BP] Malcolm X's Daughter Malikah Shabazz Found Dead in Brooklyn Home… Read More > The post Daily Links: Three FRESH Supermarkets Coming to Bushwick Under City Program appeared first on Brownstoner.
Better Dwelling
NOVEMBER 24, 2021
Canada prides itself on being an ideal environment for entrepreneurs but stats disagree. Statistics Canada (Stat Can) employment data shows self-employment is shrinking. These individuals now represent the smallest share of employment since the early 1980s. At the same time, the public sector has been hiring roughly two people per self-employed job lost.
Toronto Realty Blog
NOVEMBER 24, 2021
TorontoRealtyBlog. Did you happen to buy or sell real estate in 2020? If so, and this wasn’t your first rodeo, I’m sure you noticed a few differences between your previous experiences and that of 2020! Everything changed in 2020 as the pandemic threw us all for a loop, and the real estate industry was most certainly not exempt. What began on March 17th, 2020, when the government ordered a lockdown changed the face of Toronto real estate forever.
Point2Homes
NOVEMBER 24, 2021
This incredible micro-condo in The Monarch high-rise is located in Waikiki, near all the major attractions. Fully renovated and furnished, the Honolulu condo is a perfect investment opportunity for short-term rental. Or why not enjoy everything it has to offer yourself? The home’s large windows provide incredible views of the surrounding city and beaches, and the building includes a large rooftop swimming pool and lounge area.
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.
Brownstoner
NOVEMBER 24, 2021
The holiday season is in full swing in Brooklyn, starting off last week with the annual tree lighting at Downtown’s Albee Square. Don’t fret if you missed it — the next few weeks are chock-full of lights, singing and cheer in every corner of the borough. Saturday, November 27 Small Business Saturday… Read More > The post Brooklyn Christmas Tree Lightings and Other Holiday Festivities to Enjoy This Season appeared first on Brownstoner.
The Mortgage Report
NOVEMBER 24, 2021
Here's what to know if you're a Connecticut first-time home buyer: Loan programs, grants, interest rates, and more.
Realtor.com
NOVEMBER 24, 2021
Getty Images The numbers: U.S. new home sales rose 0.4% to a seasonally-adjusted annual rate of 745,000 in October from 742,000 in the prior month, the Commerce Department said Wednesday. Because of a small sampling size, the sales data are often revised sharply. Sales in September were originally estimated at 800,000. Analysts polled by The Wall Street Journal had forecast new-home sales in October to remain steady at an 800,000 rate.
The Mortgage Report
NOVEMBER 24, 2021
Everything you should know as a first-time home buyer in Wisconsin, including loan programs, grants, and home buyer assistance.
Advertisement
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.
Brownstoner
NOVEMBER 24, 2021
Recently renovated in parts but needing work in others, this Crown Heights semi-detached offers some original interior details, a bit of an architectural pedigree and a project for those looking for an old house reno. The Colonial Revival-style two-family at 817 Prospect Place, just a short stroll from Brower Park,… Read More > The post Crown Heights Colonial Revival Townhouse With Jaunty Exterior, Lush Woodwork Asks $2 Million appeared first on Brownstoner.
Realtor.com
NOVEMBER 24, 2021
Realtor.com. One of the largest homes in Macon, GA , is on the market for $2.5 million. For a buyer in search of a one-of-a-kind backyard, this mansion delivers. Known locally as the former Barnes estate, the near 17,000-square-foot grande dame located at 1386 Waverland Drive sits on nearly 16 acres of private land. It comes with a storied history nearly as lavish as the gatherings that were once hosted here.
REM Online
NOVEMBER 24, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Some important tips for rural and cottage property buyers. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. The market for recreational properties continues to boom.
Realtor.com
NOVEMBER 24, 2021
HGTV On “Call the Closer,” it’s clear that real estate agent Lauren Risley knows the market is tough for homebuyers right now. Yet she also knows that buyers make things much harder for themselves in one key way: by expecting the house they buy to be perfect. Why not renovate to perfection instead? This is the important lesson imparted in the latest Season 1 episode, “The Investors,” where Risley meets Kalen and Alexis , a St.
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.
Expert insights. Personalized for you.
436 
Let's personalize your content