Housing Wire
MARCH 25, 2022
Home Mortgage Disclosure Act (HMDA) data, released Thursday by the Consumer Financial Protection Bureau, showed a reshuffle in the top 10 lenders by volume for 2021. According to an analysis of the HMDA data by Polygon Research application HMDAVision, the top 10 lenders by volume are: Rocket Mortgage United Wholesale Mortgage Wells Fargo LoanDepot JPMorgan Chase New Residential Investment Corp.
Realty Biz
MARCH 25, 2022
When you think of Nashville, you generally think of Music City, Broadway, and honkey-tonks. Unless you’ve been paying close attention over the past few years, you probably wouldn’t think of Nashville as one of the top real estate markets in the US. Believe it or not, Nashville experienced the 6th largest increase in median home price out of the top 100 metros over the past year.
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Housing Wire
MARCH 25, 2022
A rule making its way through the New York Senate could significantly shorten the time allotted for a lender to initiate a foreclosure action. This may have ramifications on all lenders operating in the state of New York. A bill, dubbed the Foreclosure Abuse Prevention Act, sponsored by James Sanders Jr. (D) from the 10th Senate District, stipulates that once a lender has initiated a foreclosure action and accelerated the loan, they only have six years to complete a foreclosure.
Maximum Exposure Real Estate
MARCH 25, 2022
How to Deal With a Real Estate Bidding War Bidding wars on houses are happening all around the country. When real estate markets heavily favor home sellers, bidding wars on homes is not uncommon. In fact, not having a bidding war can be unusual in some circumstances. Wanting to know how to deal with a […]. The post Bidding Wars in Real Estate: How to Handle Multiple Offers on a Home appeared first on Maximum Real Estate Exposure.
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Housing Wire
MARCH 25, 2022
California-based Pennymac Financial Services will lay off more than two hundred employees in the coming months, according to notices sent to the state’s Employment Development Department on March 7. Pink slips will arrive for 236 employees at six different offices in five California cities, with the expected date of separation on May 6, the Worker Adjustment Retraining Notifications show.
Eye on Housing
MARCH 25, 2022
Much like other home buyers, those buying their first homes rate double sinks and walk-in pantries as the most popular of 30 kitchen features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. In the study, first-time (and other) home buyers rated over 200 home features—including 30 in the kitchen—on the following, four-tier scale (which emphasizes.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Brownstoner
MARCH 25, 2022
A developer is seeking to build an affordable housing and commercial hub, including residential towers up to 24 stories tall, at Broadway Junction, a major transit hub in East New York long recognized as blighted and underutilized. But some longtime residents are sounding an alarm at what they see as a… Read More > The post Developer Presents Plans for Broadway Junction Towers During a Virtual Town Hall appeared first on Brownstoner.
Housing Wire
MARCH 25, 2022
This week’s HW+ member spotlight features Arjun Dhingra, who serves as sales and business development at All Western Mortgage. Dhingra has over 20 years of experience helping homebuyers and real estate agents and is an expert when it comes to harnessing the power of social media to help educate and inform people on the home-buying process. Creating a large following on Instagram , he offers updates on the housing market, tips on the home-buying process and so much more.
Fancy Pants Homes
MARCH 25, 2022
Grammy Award-winning singer and songwriter Nile Rodgers is ready to part ways with his longtime home in Westport, Connecticut. The legendary musician, whose long list of credits include Sister Sledge’s We Are Family and Get Lucky by Daft Punk has long been living in the waterfront home — which includes a recording studio where music history has been written.
BubbleInfo
MARCH 25, 2022
Alternative headline: “Four areas so affluent that home prices and incomes are completely disconnected.” Comparing the median sale price to house-buying power in all top 50 markets reveals that 4 markets are considered “overvalued” “Overvalued” is defined by a market where the median sale price > house-buying power.
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.
Fancy Pants Homes
MARCH 25, 2022
Ranked as the most-visited privately owned home in the United States, Graceland attracts 650,000 visitors a year. Rivaling other famous homes such as the Biltmore Estate in North Carolina , Hearst Castle in California and the White House in Washington, D.C., Graceland is a mansion on a 13.8-acre estate in Memphis, Tennessee. . So what’s all the fuss about?
BubbleInfo
MARCH 25, 2022
Before announcing their shocking divorce, Bill and Melinda Gates reportedly shelled out a whopping $43 million for an oceanfront estate in San Diego — the latest hot spot in California. But it looks like Gates, 66, is the one to snag the idyllic property for his own use — and he’s customizing it to a T, local sources […].
Agent Drive
MARCH 25, 2022
The best way to build wealth and accomplish your long-term financial goals is by investing, but what should you invest in? It will be your next question. There is no definitive answer to this question. However, there is a principle that will help make your investment decision; the diversification principle. You might have heard the […]. The post 4 Strategies To Make Money In Real Estate appeared first on AgentDrive.
Brownstoner
MARCH 25, 2022
Our picks for open houses to check out this weekend are found in Crown Heights and Bay Ridge. They range in price from $1.299 million to $2.1 million. If you fancy a modern interior and a well-preserved historic exterior, this one comes guilt free. Already stripped before its recent renovation, the… Read More > The post A Bay Ridge House With Stained-Glass Accents and Two More to See, Starting at $1.299 Million appeared first on Brownstoner.
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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 25, 2022
RE/MAX sold over 1,000 franchises and renewed more than 1,100 brokerages in 2021, the company has announced. In an especially active fourth quarter, nearly 450 of the 1,000 new franchises were sold between October and December. The company also announced during the recent 2022 RE/MAX R4® Convention in Las Vegas, RE/MAX agents closed more than 2 million total transaction sides last year.
1000Watt
MARCH 25, 2022
2 years ago this week, the real estate market was dead in the water, and the floor had fallen out beneath us. County recording offices in many markets had closed down, which meant, in the most understandable way possible, that real estate transactions could not be consummated. . People were sheltering in place, not looking for a place. . I’m re-publishing the post I wrote at this moment below.
RIS Media
MARCH 25, 2022
Shawna Alt. CEO. First Weber, Inc., a member of Leading Real Estate Companies of the World®. Madison, Wisconsin | www.firstweber.com. Region served: Wisconsin and portions of Michigan’s upper peninsula. Years in real estate: 28. Number of offices: 60. Number of agents: 1,400. What’s your secret to staying relevant in today’s ever-changing real estate landscape?
Sotheby's International Real Estate
MARCH 25, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Wappingers Falls, New York | Rachel Hyman-Rouse and Matthew Carey, Four Seasons Sotheby’s International Realty. The 1870s building—recently renovated by an artist—comes with a fire pit, outdoor gathering area, and detached red barn with a lofted level.
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 25, 2022
A watershed moment is defined as “an event marking a unique or important change of course.” The Federal Reserve is tapering and the discount rate is rising, which will continue to put upward pressure on mortgage interest rates, shrinking housing affordability. During the last week of January, we experienced an interesting occurrence, and it went almost unnoticed.
Brownstoner
MARCH 25, 2022
In the News Call for an Uber, Get a Yellow Taxi [NYT] Is America’s Economy Entering a New Normal? [NYT] Potbellied Pigs Found in Red Hook Warehouse During Morning Blaze [amNY] Brooklyn's Most-Beloved Orgs to Celebrate 'Festival of New York' [BP] Embrace Winter Festival Shows Off the Artistic Beauty in Bay Ridge [BP] How… Read More > The post Daily Links: Cuts in Distribution Lead to Shortages at City Food Pantries appeared first on Brownstoner.
RIS Media
MARCH 25, 2022
Better Homes and Gardens Real Estate LLC (BHGRE) is thinking spring—spring selling season that is. A recent roundtable discussion with several BHGRE brokers revealed that historic seasonality patterns have been affected by today’s market conditions. Most notably, record low inventory levels could provide an impact on this year’s spring selling season, the company reported.
Realty Biz
MARCH 25, 2022
Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate First Choice based in Bemidji, Minn., which expands the brand’s service area into Northern Minnesota. Originally founded in 1958, the company is led by Doug and Jeri Fuller, who became owners in 2006. Doug Fuller entered real estate in 2000 after working for the American Cancer Society and serving three terms as a state representative in the Minnesota Legislature.
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 25, 2022
The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2021 is now available on the Federal Financial Institutions Examination Council’s HMDA Platform for approximately 4,316 HMDA filers, the Consumer Financial Protection Bureau announced this week. The published data contain loan-level information filed by financial institutions, modified to protect consumer privacy.
Realty Biz
MARCH 25, 2022
Many people believe that having pets in the home may be off-putting for prospective buyers, but in actual fact, the opposite appears to be true. Some home shoppers may even find a home more appealing if pets are living there, a new study from Quicken Loans has revealed. According to the study, 79% of home buyers who have made an offer on a home say that seeing signs of a pet didn’t deter them from putting in a bid.
RIS Media
MARCH 25, 2022
ERA Real Estate has announced the five outstanding real estate professionals inducted into its ERA Hall of Fame Class of 2021. Established in 2013, the ERA Hall of Fame honors affiliated individuals and companies who have consistently earned high levels of recognition and made exceptional contributions to the culture and history of the ERA brand over the decades.
The Mortgage Report
MARCH 25, 2022
Today’s mortgage and refinance rates Average mortgage rates edged modestly higher yesterday. We’ve seen only three falls over the last three weeks (15 business days). And there’s no disguising how […].
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RIS Media
MARCH 25, 2022
Catch Up on This Week's Biggest Stories. [link]. RISMedia Associate Online Editor Jordan Grice delivers this week's Headliners, a video recap of the week's top stories in real estate. Share on Facebook Share on Twitter. Read This Week's Top Stories. What Does Restarting Student Loan Payments Mean for Your Buyers? By Jordan Grice March 25, 2022. It may be a scary thought for millions of people nationwide, but the resumption of student loan payments is on.
Real Trends
MARCH 25, 2022
Pending home sales continue to slide, dropping 4.1% in February to mark the fourth consecutive month of losses, according to data released by the National Association of Realtors on Friday. The Pending Home Sales Index (PHSI) fell to 104.9 in February from 109.5 in Januar y. February’s reading is 5.4% lower than a year ago and marks the ninth consecutive month of year-over-year declines.
RIS Media
MARCH 25, 2022
Despite a strong demand in the housing market, persisting inventory constraints weighed down contract signings in February, marking the fourth consecutive month of declines, according to recent data from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, dropped by 4.1% last month, falling to 104.9.
Realty Biz
MARCH 25, 2022
Unless you’re paying for your new home in cash, you’re going to need a mortgage. You will need to find the best lender and the best type of mortgage that aligns with your budget. Finding the right mortgage lender isn’t an easy thing to do. It’s especially difficult when you aren’t very clued up on the subject. You’ve probably got several questions that need answering before you can even begin to search for a mortgage lender.
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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