Housing Wire

AUGUST 12, 2020

Mortgage applications were back up 6.8% last week, according to a report from the Mortgage Bankers Association , further evidence that, thanks to the pandemic, August is the new May for home-buying. Consumers responded to mortgage rates that fell to new low last week , with the refinance index jumping 9% from the previous week to its highest level since April, said Joel Kan, MBA’s associate vice president of economic and industry forecasting.

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Keeping Current Matters

AUGUST 12, 2020

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures as a result of the current crisis? Thankfully, research shows the number of foreclosures is expected to be much lower than what this country experienced during the last recession.

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Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 billion, making it officially a unicorn. Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception.

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Realtor.com

AUGUST 12, 2020

Aaron Rapoport / Contributor / Getty Images On “Good Bones,” Mina Starsiak and her mother, Karen Laine , are always experimenting with new designs—and in their latest Indianapolis renovation, they reveal a clever alternative to open floor plans that could catch on fast. In the episode “The Boho Bungalow,” Starsiak and Laine take on a dilapidated home in a neighborhood that’s known for its growing artists community.

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Housing Wire

AUGUST 12, 2020

The mortgage borrowers most in need of information about relief options provided by the CARES Act, such as forbearance, are the ones who are least likely to know about it, according to a Fannie Mae report. “Among all mortgage borrowers surveyed, those with lower incomes were more likely to be concerned about paying bills and were less familiar with relief options,” said Doug Duncan, Fannie Mae’s chief economist.

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Realty Biz

AUGUST 12, 2020

Getting a Mortgage With Bad Credit. Are you wanting to buy a house but have bad credit? If you are a first-time buyer with lousy credit, getting a mortgage can seem a distant goal. However, it is normal for first-time buyers to have worse credit than those who have purchased a few homes in their lifetime. As a result, there are some options to help you buy your first home.

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Better Dwelling

AUGUST 12, 2020

Canadian real estate markets are about to see an explosion in rental inventory if Toronto is a sign. Toronto Regional Real Estate Board (TRREB) data prepared by real estate agent Daniel Foch shows an explosion of new listings for rental units in July. The number of new listings has reached a multi-year high, with a […]. The post Toronto Real Estate’s Latest Problem Is Soaring Rental Inventory appeared first on Better Dwelling.

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Housing Wire

AUGUST 12, 2020

HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. The HousingStack is exclusively for HW+ members. To join the HW+ community, go here. I’ve been looking forward to talking about this segment for a while, especially since we released the lead generation segment of HousingStack.

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Realtor.com

AUGUST 12, 2020

Lisa Brennen /LB Photography We’ve found one way for kids to learn virtually from home and be at school at the same time. What was once Perry Elementary School in Mount Morris, PA, is now for sale as a private home. Listed for $2,375,000, the converted school at 145 School Road measures in at a whopping 14,716 square feet and combines the feel of a school with modern architecture. “It’s a once-in-a-lifetime project, and it’s cool to live in a school,” says owner Crystal Smith.

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Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Stay tuned for updates. Qualia announced Wednesday that it has extended the capabilities of its real estate closing platform with the launch of a remote online notarization product.

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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.

Loans

Realtor.com

AUGUST 12, 2020

Sarah Blesener/Bloomberg via Getty Images It seems like it was only yesterday when America’s downtown business districts thrummed with life—rivers of people making their way to and from their offices, queueing up for hot lunch places, meeting for après-work drinks. Memories! Since onset of the coronavirus pandemic, though, the pulse of those once-thriving districts has subsided to a faint quiver.

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Eye on Housing

AUGUST 12, 2020

Over the last two weeks, the Mortgage Bankers Association’s tracked 30-year fixed-rate mortgage average rate fell by 14 basis points to 3.06%, a new record low in the series. At the same time, the results from its Weekly Application Survey show both weekly and year-over-year percentage increases in purchasing and refinancing activities. On a seasonally adjusted basis, purchasing activity increased.

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Realtor.com

AUGUST 12, 2020

CrackerClips / iStock Affordable homes, and plenty of them—isn’t that the dream real estate market for buyers these days? As unlikely as it may seem, these places do exist, if you know where to look. The realtor.com® economics team has identified the top markets where buyers can have their pick of homes that won’t bust their budget. For the most part, the pandemic that has shut down wide swaths of the country and ravaged the economy has not led to bargain-basement deals on real estat

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Realty Biz

AUGUST 12, 2020

Tracy McLaughlin – One of America’s most successful agents. The coronavirus pandemic has set the world on its ear. No person or business remains unscathed by now, least of all real estate professionals and the buyers and sellers they represent. If ever there was a time for innovating thinking and marketing, today is that time. With all this in mind, I was happy for an opportunity to connect with San Francisco real estate icon Tracy McLaughlin last week.

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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.

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Fancy Pants Homes

AUGUST 12, 2020

While Tom Ellis’ Lucifer has been back to living in hell as of late –interrupting his long-lasting vacation on Earth — fans are eagerly awaiting for the next season to come out and hopefully see the charming devil return to his crime-fighting life in Los Angeles. And naturally, to resume his tenure as the deal-making owner of Lux. And while we’re pretty good at separating facts from fiction — especially when it comes to celestial beings and Hell-raised demons —

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Realtor.com

AUGUST 12, 2020

realtor.com, Jim Spellman/Getty Images “Sopranos” star Michael Imperioli is selling his Santa Barbara, CA, home for $1,995,000. The European-style “sanctuary” dubbed Villa La Cima last changed hands just two years ago for $1,525,000. Built in 1980, the home features four bedrooms and three bathrooms, on 2,060 square feet. . Lavishly decorated, the interiors include draped fabric on the ceilings, opulent chandeliers, and large picture windows.

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BubbleInfo

AUGUST 12, 2020

Toll Brothers is wrapping up in Carmel Valley’s Pacific Highlands Ranch. They listed this model home for $4,098,000 and it went pending in the first seven days on market (currently pending). I did end up selling lot #218 seen at the end: Are you looking for something similar for about half the price? Stay tuned! The post Palomar Carmel Valley appeared first on bubbleinfo.com.

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Realtor.com

AUGUST 12, 2020

ThamKC/Getty Images Health nuts rave about the powers of apple cider vinegar, also known to its fans as ACV. This pantry staple has been used to do everything from treating a sore throat to managing weight. But did you know it also has multiple uses for your entire home? “Apple cider vinegar is a great, low-cost cleaning product for your home,” says Dr.

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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

Waterfront Properties

AUGUST 12, 2020

The Royal Poinciana Plaza is back open and is ready for your next visit. The Palm Beach Island outdoor shopping and lifestyle center have recently added a calendar list of events and next shops and restaurants to their directory. The Royal is hosting an outdoor fitness series that will give you a chance to stay fit and healthy seven days a week. Every Monday through Sunday, the outdoor fitness class will get your moving, stretching, and sweating in their new fitness series.

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The American Genius for Real Estate

AUGUST 12, 2020

(REAL ESTATE ASSOCIATIONS) NAR is running a four-part series to help real estate professionals be part of the solution to prevent building abandonment and vacancies. The post New webinars on preventing property abandonment and vacancies appeared first on The American Genius Real Estate.

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First Team Real Estate

AUGUST 12, 2020

Guest post by G. Brian Davis at SparkRental. I was 23 when I first realized I didn’t have to work until the ripe age of 65. At the time, I worked for a lender and specialized in loans for real estate investors. After issuing my hundredth rental property mortgage, it finally dawned on me: these investors are building enough income from rental properties to live on.

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RIS Media

AUGUST 12, 2020

Homesnap recently announced that it has ranked No. 510 on the 39th annual 2020 Inc. 5000 list of the nation’s fastest-growing private companies. This is the third year in a row that Homesnap has been named to the Inc. 5000 list. Companies named to the 2020 Inc. 5000 achieved a three-year average growth of over 500 percent, and a median rate of 165 percent.

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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

The Mortgage Report

AUGUST 12, 2020

One lender is offering mortgage rates below 2%. But there's a cost to get such a low rate. Learn more about who can get today's record-breaking rates.

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Mortgages 111

Boom Town

AUGUST 12, 2020

The data continues to show a promising rebound for the housing market. After a massive halt in March and April due to COVID-19, pending home sales, listings, and solds have continued to increase month-over-month, showing that buyers are back in the market. There is demand out there in the housing market. Agents need to continue monitoring the data, keeping an eye on the trends, and working hard to stay on top of their goals.

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Waterfront Properties

AUGUST 12, 2020

Tequesta, a small quite village located in northern Palm Beach County surrounded by the blue waters of the intracoastal waterway and the Loxahatchee River. Tequesta is located just north of Jupiter along US Highway One and to the west of the Jupiter Inlet Colony. The village was named Tequesta after the Tequesta Indians and in the 1950’s was formed as part of one mans dream.

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RIS Media

AUGUST 12, 2020

Collaborative Recruiting Is a Win-Win for Management and Agents. As a manager or broker, you always have your recruiting antennae up, searching for new agents. You engage people in your town, reach out to co-brokes and host recruiting events to attract your next wave of agents. All of these are valuable and should continue to be part of your recruiting repertoire.

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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

Agent Drive

AUGUST 12, 2020

Marketing and real estate agents have always gone hand in hand. From bus benches to Instagram, agents are trying to stay on top of trends for successful sales. As the world has shifted digital (especially to mobile phones) there has been a void in marketing tools for agents. That’s what Block Party is solving. Their […]. The post The Block Party Real Estate Marketing App Changing the Way Agents Do Open Houses appeared first on AgentDrive.

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GeekEstate

AUGUST 12, 2020

In lieu of the ability to network face-to-face, we’ve been facilitating virtual speed networking amongst the GEM membership : a series of five minute one-on-ones using Icebreaker. In thirty minutes, participants will meet six individuals. ??Make valuable connections. ??Learn what others in the community are up to. The next GEMbreaker is tomorrow, August 13th, at 12 PM EST / 9 AM PST and we have 10 slots for “guests.” If you’re a founder, exec or tech forward team-leader/

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Point2Homes

AUGUST 12, 2020

Image: Afshin Sadeghi Lavasani / Shutterstock.com. An uptick in Canada’s home prices might seem unlikely amid the COVID-19 crisis, particularly when the economy is facing significant job losses and a record-high number of bankruptcie s. But as CBC’s Don Pittis notes in a recent article , nothing about the pandemic’s impact seems straightforward: “We may be observing a powerful economic force exacerbated by the promise of a long stretch of low-interest loans.”.

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Sotheby's International Real Estate

AUGUST 12, 2020

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. Brooklyn, New York | Michael Kawochka , Avenue Sotheby’s International Realty. On this quiet side street in the middle of everything – townhouse living meets bespoke, boutique condo ownership. Previously featured on Million Dollar Listing, this AIA award-winning trophy home is ready to welcome its next owner with Effebiquattro doors featuring custom, imported handles – som

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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.

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