Key Factors That Impact Affordability Today
Keeping Current Matters
MARCH 9, 2022
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face.
Keeping Current Matters
MARCH 9, 2022
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face.
Housing Wire
MARCH 9, 2022
International governance, risk and compliance giant Wolters Kluwer has inked a deal to acquire International Document Services (IDS) for $70 million in cash. IDS, currently owned by the Reynolds and Reynolds Company , is among the top providers of compliance and document generation software solutions for the mortgage and real estate industry. In a statement on Wednesday, Wolters Kluwer said IDS will become an integral part of its governance, compliance, risk (GRC) division, which provides soluti
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Eye on Housing
MARCH 9, 2022
The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs increased for the month to 380,000 unfilled positions in January. The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019. The housing market remains underbuilt and requires.
Housing Wire
MARCH 9, 2022
Mortgage applications jumped 8.5% for the week ending March 4, as mortgage rates dropped for the first time in three months as a result of Russia’s war in Ukraine, the Mortgage Bankers Association (MBA) reported on Wednesday. Borrowers’ demand for mortgages increased across the board. The MBA‘s seasonally adjusted refi index rose 8.5% from the previous week, with a larger gain in government refinances.
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Sotheby's International Real Estate
MARCH 9, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ?. Dubai, United Arab Emirates | Leigh Williamson, LUXHABITAT Sotheby’s International Realty. What started as a true passion project has evolved into a one-of-a-kind, ultra-chic mansion villa. Forged from the genius of Italian architect Frederico Spagnulo, no expense has been spared and no detail has been overlooked in curating this breath-takingly impressive family ho
Housing Wire
MARCH 9, 2022
Mortgage servicing software provider Sagent announced on Wednesday that it has extended its software partnership with Freedom Mortgage for another five years, the latest in a string of deals it has struck with some of America’s largest mortgage servicers. Freedom, the largest FHA and VA lender in America, will continue to use Sagent’s cloud-based technologies, including LoanServ (core servicing), Tempo (default management) and CARE (homeowner management).
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
MARCH 9, 2022
Fathom Holdings Inc. , the M&A-hungry parent of cloud-based real estate brokerage Fathom Realty , achieved supercharged growth in 2021. But it still has a bit of work to do to turn a profit, not that executives seem to be in a rush. In its quarterly earnings report on Tuesday, the company revealed a $12.5 million GAAP net loss for 2021, despite having increased revenue 87% to $330.2 million.
Brownstoner
MARCH 9, 2022
Housing prices are once again climbing to record highs in New York City after seeing substantial decreases during the pandemic, and many tenants renewing leases are being left on the hook for enormous increases in rent that they did not foresee when renting their apartment at the height of Covid-19’s… Read More > The post Housing Costs Heading Toward Record Highs After Pandemic Decreases appeared first on Brownstoner.
Housing Wire
MARCH 9, 2022
Incenter is adding a third-party due diligence review firm to its umbrella of companies. Edgemac , which Incenter acquired at the end of last year, does due diligencing for mostly non-QM and jumbo loans, as well as private label reverse mortgages that could eventually be securitized. The firm, founded in 2008, also provides document management services for closing, purchase, sale and securitization of residential and business-purpose mortgage loans.
Real Trends
MARCH 9, 2022
As we approach the beginning of home-buying season, with many buyers deciding on the purchase of their largest investment yet, title insurance is essential, giving homebuyers peace of mind and confidence that their property rights are protected. The COVID-19 pandemic fundamentally changed the way we view our homes. Practically overnight, our homes became our workplaces, schools and gyms.
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.
RIS Media
MARCH 9, 2022
Real estate farming seems straightforward at first. If you can stay on top of outreach tasks, then you’ll be successful—right? How hard can it be to regularly send postcards and call prospects? The truth is a little more complicated. All the tasks from project management and marketing know-how required to successfully farm a territory can become overwhelming.
Coldwell Banker
MARCH 9, 2022
Latest Coldwell Banker survey to understand the ways Americans view their real estate dreams and what support they value during the selling process. The post Americans Dare to Dream: Coldwell Banker’s Seller Strategy Tackles Today’s Business Challenges appeared first on Coldwell Banker Blue Matter.
RIS Media
MARCH 9, 2022
Wealth and income inequality are moving in the wrong direction, and have been for some time. The highest-income individuals are controlling more and more wealth as lower-income people find their piece of the pie shrinking. This might be most evident in wages, as high-earners have seen pay increases across the board while low-paying jobs suffered through decades of stagnation.
Fancy Pants Homes
MARCH 9, 2022
Viva Las Vegas! There’s a hot new listing in the city that never sleeps. And it was once home to music royalty. Located on the west side of Las Vegas, the mansion that Michael Jackson used to rent (for a rather large monthly fee) is up for sale. Surrounded by a 10-foot wall — to protect its residents from prying eyes and paparazzi lenses — the King of Pop loved the home’s privacy and its many luxurious features.
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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.
RIS Media
MARCH 9, 2022
A downward trend in mortgage applications changed course this week. According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 4, 2022, Mortgage applications increased 8.5% from one week earlier. Key findings: On an unadjusted basis, the Index increased 10% compared with the previous week, rising from 480.9 to 528.99.
Brownstoner
MARCH 9, 2022
The golden brick exterior provides an immediate "wow factor" at this 1890s townhouse in the Park Slope Historic District. Enlivened with a cornucopia of detail, including Romanesque brick arches, limestone pilasters and a red tile roof, 859 Carroll Street has plenty of curb appeal, and the interior isn't exactly lacking… Read More > The post Park Slope Townhouse Near Prospect Park With Seven Mantels, Wainscoting Asks $4.95 Million appeared first on Brownstoner.
RIS Media
MARCH 9, 2022
Tech-focused brokerage Fathom Realty reported impressive growth in its Q4 and full-year 2021 earnings call yesterday, beating its Q3 projections with $95.5 million in total revenue last quarter for a year-over-year increase of 79%, and growing its agent count by 48% to 8,100. The company reported an overall net loss of $3.6 million for Q4, up from $1.9 million in Q4 2020.
1000Watt
MARCH 9, 2022
We all have problems in our businesses. Maybe we need more leads. We might have plenty, but need those leads to convert better. Maybe we’re losing people left and right. Or we simply can’t keep up with demand. Maybe our marketing efforts aren’t working. Or those content marketing pieces are creating a lot of action and attention, but aren’t moving the needle on sales.
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.
RIS Media
MARCH 9, 2022
It may not be the Build Back Better Bill, but the housing market could be in for some legislative assistance thanks to a recent deal hashed out by top lawmakers. Congressional leaders unveiled a $1.5 trillion omnibus spending package on March 8th that would keep the cash flowing in the government until late September 2022 and allocate billions of dollars to several initiatives, including affordable housing and aid for Ukraine amid the Russian invasion.
Coldwell Banker
MARCH 9, 2022
Coldwell Banker survey reveals that nearly half of American homeowners are unsure of the current value of their home; the brand addresses this disconnect with its 2022 Seller Strategy to provide resources amid a low-inventory market. The post The Pursuit of Home is Happening Now: With Gen Z and Millennials Ready to Make Their Dreams a Reality, Coldwell Banker Helps Home Sellers List Confidently appeared first on Coldwell Banker Blue Matter.
RIS Media
MARCH 9, 2022
With record-low-housing inventory fueling homes selling at breakneck speed and often above the initial listing price, Charlotte, North Carolina homeowners who are ready to sell are discovering new ways to maximize their profit. The sellers’ market also makes it difficult for many home buyers to compete with multiple offers. What’s different now versus past seller markets, according to Helen Adams Realty, is that sellers and buyers have more choices than ever.
REM Online
MARCH 9, 2022
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Flips and rental are out, land development in says Darcy Marler. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Land development and new construction will be the next big things in real estate investing, as regular investors become tired of the flip and rental world, says Cal
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.
RIS Media
MARCH 9, 2022
More than 35 years into her real estate career, Kathy Connelly, senior vice president of corporate services at Berkshire Hathaway HomeServices Georgia Properties, has no regrets about her chosen industry. In 1986, after a stint as a stay-at-home mom, Connelly took the dive and started working at the corporate offices of a real estate franchisor. After being exposed to the “behind the scenes” of real estate, she quickly transitioned to the relocation side of the franchisor’s sis
Brownstoner
MARCH 9, 2022
Editor’s note: This story is an update of one that ran in 2013. Read the original here. Those of us who love old houses in all of their different styles and architectural variations are often confronted with what can be difficult choices when furnishing and decorating our homes. Some people feel… Read More > The post From Practical to Ornamental: The History of Dressing Windows appeared first on Brownstoner.
RIS Media
MARCH 9, 2022
NAR PULSE—Your agents can speed up their learning curve while they’re in the car with the new Drive With NAR podcast. Have them listen in for invaluable insights and solid business solutions from their fellow REALTORS® they can implement immediately. Make their time on the road fly by; tune in at magazine.realtor/drive or subscribe wherever you get your podcasts!
Realty Biz
MARCH 9, 2022
Gone are the days when smart home tech is reserved for only the luxurious lifestyle. Nowadays, smart home tech is a common feature that home buyers are also considering when purchasing their home. Statista estimates that there are over 52.2 million smart homes across the United States in 2021, a 10% increase from 2020. As smart homes become fully integrated and connected, homeowners can enjoy a seamless and holistic experience in a snap.
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RIS Media
MARCH 9, 2022
With the ongoing surge in home prices over the last couple of years, it may be tempting to assume that a larger share of people are moving in with family to share housing costs. But newly released analysis of the most recent U.S. Census Bureau American Community Survey by LendingTree, shows these rising home prices may not be causing an increase in the share of multigenerational households (in which three or more generations live under the same roof).
Realty Biz
MARCH 9, 2022
Russia’s attack on Ukraine has led to lots of speculation that the U.S. housing market could suffer negative impacts. But a new report from the National Association of Realtors said that any direct impact is highly unlikely. “Any decline in international real estate transactions will have little direct impact on the U.S. housing market,” Gay Cororaton, a research economist for NAR, wrote on the association’s blog.
RIS Media
MARCH 9, 2022
With more than 50 million daily U.S. users, TikTok has caught the attention of many real estate agents looking to capitalize on a growing audience of potential buyers scouring the platform for trending videos. In recent years, agents have found ways to incorporate the video-centric platform into their social media repertoire. While the app has its own set of tools and features to learn, it’s also provided a few gems for marketing tactics that agents may find helpful across their other accounts.
Brownstoner
MARCH 9, 2022
In the News What Young New Yorkers Think About the End of the School Mask Mandate [NYT] Raccoon Hunts for Snack in Bushwick Apartment, Terrifying Occupants [NYP] Hundreds of SUNY, CUNY Supporters Stop Traffic on Brooklyn Bridge [BP] 15 Bed Stuy Buildings Named 'Most Distressed' in NYC: HPD [Patch] Crown Heights Design Shop Began… Read More > The post Daily Links: Marchers in Support of CUNY and SUNY Funding Stop Traffic on the Brooklyn Bridge appeared first on Brownstoner.
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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