Mon.May 10, 2021

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How real estate agents can alleviate consumer pain points in a tight market

Housing Wire

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing. HousingWire: What are some common consumer pain points in the home buying and selling process?

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3 Graphs Showing Why You Should Sell Your House Now

Keeping Current Matters

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer demand may give you the leverage you need to negotiate the best contract terms on the sale of your house.

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Mortgage forbearance drops to 4.36%, exits pick up steam

Housing Wire

The downward trend of borrowers in forbearance picked up speed in the last week of April, falling 11 basis points to 4.36% of servicers’ portfolio volume, according to the Mortgage Bankers Association. This 10th consecutive week of decreases reflects a faster rate of exits and a steady, low level of new requests. Given forbearance numbers typically decline towards the beginning and end of the month, nearly all investor types experienced some type of drop in forbearance as of May 2.

Mortgages 441
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Achieving Balanced Social Media Content

RIS Media

Employ a Purposeful and Productive Strategy Through 4 Main Content Categories. No matter what social media platforms you engage in…and hopefully there are several…you likely face the same dilemma that most other teams face: What should you post, and how often should you do it? First, let’s acknowledge that this isn’t math, and there isn’t necessarily one right answer.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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Top CFPB official “hates” QM rules, jeopardizing safe harbor

Housing Wire

In 2013, George Ralph Elliott applied to refinance his Ohio home ahead of a separation from his fourth wife, claiming both his monthly rental income and the spousal support he would soon receive. He didn’t know it at the time, but Elliott’s application would later test a relatively obscure banking law — the CFPB’s Ability To Repay rule — and strike fear into the hearts of mortgage industry executives across the country. .

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Finance of America now offers renovation loans

Housing Wire

Lending and services platform Finance of America Inc. announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Finance of America’s new division offers the “Benji” portal, which gives contractors tools to expand their business. Homeowners can also use it to access financing solutions through their contractor.

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How to Price Your Home in an Extreme Market

Homes.com

Even in a seller's market, how you price your home can make or break your plans. These steps will help ensure you have an accurate list price! The post How to Price Your Home in an Extreme Market appeared first on Homes.com.

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HG Holdings acquires National Consumer Title

Housing Wire

North Carolina-based HG Holdings Inc agreed last week to acquire 100% of the equity of Florida-based National Consumer Title Insurance Company — owned by Southern Fidelity — and 100% of the interest in National Consumer Title Group LLC. HG Holdings will pay Southern Fidelity $5.5 million, according to a statement put out by the company. Steve Hale, HG Holdings CEO and chairman, said the deal marks HG’s first entry into the insurance business after dealing in real estate investment and management

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Bidding Wars Are Most Common Reason Active Buyers Can’t Make Purchase

Eye on Housing

An earlier post revealed that 64% of buyers who were actively engaged in the process of finding a home in the first quarter of 2021 have spent upwards of 3 months searching for a home without success. For the second time in this series history, the most common reason long-time searchers haven’t pulled the trigger is not because they can’t.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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How to apply for a VA home loan: Process and requirements

The Mortgage Report

Learn how to apply for a VA home loan. Follow this step-by-step process to access your VA home loan benefits and buy or refinance a house at a low rate.

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Canadian Real Estate Prices Unlikely to See Drastic Price Growth From Here: Desjardins

Better Dwelling

Canadian home prices are going to have a difficult time moving higher from here. Desjardins, the country’s largest cooperative financial group, updated its affordability index for Q1 2021. At the national level, the index plunged to the worst level of affordability in over a decade. Their model indicates a substantial price increase would be difficult […].

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Gates Portfolio

BubbleInfo

Their fascinating collection of real estate is reviewed here, including their two local properties: [link].

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Innovation Week Video Series

Coldwell Banker

At Coldwell Banker, we have a storied legacy of innovation behind us that produces meaningful results for our agents and their customers. The post Innovation Week Video Series appeared first on Coldwell Banker Blue Matter.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Boost Your Online Reputation With These 5 Tips

RIS Media

Your reputation as a real estate professional isn’t just built by word-of-mouth anymore. Potential clients are often checking you out online before they even get in touch with you. If you want to boost your online reputation, follow these five tips. 1. Monitor your online presence. A general Google search can be a decent way to keep tabs on your name and your business online, but it’s time-consuming and bypasses social media sites.

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The Life Aquatic | 4 More Homes With Architectural Water Features

Sotheby's International Real Estate

Water features have the ability to transform an ordinary property into something extraordinary—they become a locus for both drama and history. From idyllic ponds to antique fountains to entrancing infinity pools, an architectural water feature sets a striking scene, no matter if you’re in California or Paris. These four exceptional listings prove that a water statement is a powerful—and memorable—architectural move to make.

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Canadian Home Prices Grew Faster When Located Further From City Center

Better Dwelling

Canadian real estate markets are placing a big premium on living further from the city. Bank of Canada (BoC) found city centers showed the smallest annual price growth in Q4 2020. Home prices generally saw larger growth further from the city, as people flee the centers for more space. Greater Toronto Real Estate Prices Climbed […]. The post Canadian Home Prices Grew Faster When Located Further From City Center appeared first on Better Dwelling.

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Pros and Cons: What Exactly Does a Buyer’s Agent Do, And Should I Hire One?

HomeLight

Let’s be honest: If you’re a first-time buyer or relatively new to the real estate game, the whole thing can feel totally confusing (no, it’s not just you!). For instance, an agent is an agent, right? Sort of. To further complicate the landscape, there are actually multiple terms for the type of agent who helps you through a transaction : a listing agent or seller’s agent is a real estate professional who works on the seller’s side, and a buyer’s agent works on your behalf as the buyer throughou

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Wallpaper-Filled Park Slope Brownstone in Estate Condition With Marble Mantels Asks $2.35 Million

Brownstoner

Filled with some statement-making wallpaper, this 1870s Neo-Grec has some design flair on display in its estate-condition interior. There are also marble mantels, pocket doors, wood floors and a stair among the many original details. Located in the Park Slope Historic District, 35 Prospect Place is one of a row of… Read More > The post Wallpaper-Filled Park Slope Brownstone in Estate Condition With Marble Mantels Asks $2.35 Million appeared first on Brownstoner.

Design 105
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Pet-Friendly Flowers and Herbs To Safely Grow in Your Garden (and What To Avoid)

Realtor.com

Getty Images Selecting plants for your garden requires a certain amount of planning, but if you’re a dog or cat owner, you may have to dig a bit deeper. Since many four-legged friends are known to enjoy running freely through your outdoor space, digging around in gardens or sampling the plants, you’ll want to make sure your yard is filled with pet-friendly flowers, herbs, and other types of foliage.

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Affordable Housing Lottery Opens for Nine Units in Flatbush, Starting at $1,950 a Month

Brownstoner

An affordable housing lottery has opened for nine units in a six-story building at 2337 Bedford Avenue, at the corner of Tilden Avenue, in Flatbush. The building is one block away from the famous King’s Theatre. Of the affordable apartments, there are six one-bedroom units and three two-bedrooms available. Monthly… Read More > The post Affordable Housing Lottery Opens for Nine Units in Flatbush, Starting at $1,950 a Month appeared first on Brownstoner.

Marketing 105
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Stainless steel: everything you need to know

Realty Biz

Stainless steel is known for its excellent resistance to corrosion. It is used in many aspects of our day-to-day life such as heavy industry, architecture, real estate, automobile manufacturing, surgery and dentistry and the list goes on. But what exactly is stainless steel? It is a type of steel that is highly resistant to atmospheric corrosion. Its composition is created in such a way that when they are alloyed with other metals such as chromium and nickel, they are less reactive and achieve g

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Which Famous Movie House Gets a Makeover in ‘Home Town Takeover’? Find Out Here

Realtor.com

HGTV After five seasons of renovations in Laurel, MS, “Home Town” hosts Erin and Ben Napier are in Wetumpka, AL, for their new show, “Home Town Takeover.”. In the second episode, “The Mayor Is Also the Barber,” Erin and Ben renovate a town treasure: a big, white house used in the 2003 Tim Burton film “Big Fish.” However, since this 1874 house was used (inside and out) as a movie set, it has a lot of unfinished features and needs more than the typical update.

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Real Estate Professionals and the MLS: Key Players of a Pro-Consumer, Pro-Competitive Market

RIS Media

Here is something real estate brokers know well: A home is the single largest, most complex purchase most people make in a lifetime. From the legal and financial analyses to contract negotiations, mandatory disclosures, inspections and more—there are a lot of layers to navigate from search to sale. These nuanced details and the voluminous information can be overwhelming for any consumer, but homeownership is absolutely achievable with the guidance, expertise and services of professional real est

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Kayak Tour This Week In Jupiter

Waterfront Properties

Jupiter’s River Center is hosting their Paddle with a Partner Public Kayak Tour this Thursday, May 13th. The tour will begin from Lainhart Dam and travel through the freshwater swamp for a chance to see wildlife. Bring your addle buddy and join in on the fun with your local neighbors. The cost is $20 dollars per person and registration is required due to limited space.

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Coney Island Steps Back in Time for the Filming of ‘Marvelous Mrs. Maisel’

Brownstoner

Coney Island was transported back in time this week as stars of “The Marvelous Mrs. Maisel” took to the historic Riegelmann Boardwalk to film scenes for the show’s upcoming fourth season. Set in the late 1950s and '60s, the Amazon smash hit centers around Miriam “Midge” Maisel (played by Rachel Brosnahan)… Read More > The post Coney Island Steps Back in Time for the Filming of ‘Marvelous Mrs.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Mortgage and refinance rates today, May 10, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell appreciably last Friday. The drop was a result of that morning’s disappointing jobs report. And, first thing, market movements suggested that […].

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Daily Links: Gowanus Rezoning Paused Again, in-Person Hearing Planned for June

Brownstoner

In the News The Stealth Campaign to Expose Brooklyn’s History of Slavery [NYT] Bay Ridge Residents Demand Discounted Rent for Months With No Gas [BP] State Lawmakers Extend Eviction Moratorium to August 31 [Demo & Chron] Bodies of Hundreds of COVID Victims Still on Brooklyn Pier [The City] Bensonhurst Senior Run Down and Killed, Driver… Read More > The post Daily Links: Gowanus Rezoning Paused Again, in-Person Hearing Planned for June appeared first on Brownstoner.

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Lighthouse Sunset Tours This May

Waterfront Properties

The Jupiter Inlet Lighthouse and Museum is hosting three Lighthouse Sunset Tours this May. At Sunset, climb to the top of the iconic red lighthouse and take in the spectacular sunset views over Jupiter. During the Lighthouse Sunset Tour, guests will get a sneak peek inside the Lighthouse Watchroom to see how everything works. Guests will even be able to witness the light turn on and illuminate the sky during the tour.

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