Housing Wire

FEBRUARY 23, 2021

We may never again see a year like 2020. That’s somewhat somber news for the lenders who benefited from a series of downright strange conditions to generate more refi business than anyone in March could have imagined. Both Fannie Mae and Freddie Mac reported that refis made up about 70% of their mortgage activity in 2020, and, driven by weeks upon weeks of record low mortgage rates, refis accounted for 51% of all the volume LO’s funded in Q4, soaring 158% from the same period in 2019.

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Keeping Current Matters

FEBRUARY 23, 2021

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer.

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Housing Wire

FEBRUARY 23, 2021

Rocket Mortgage will receive a tax subsidy worth up to $9.6 million to add hundreds of full-time jobs to Cleveland. The 600-plus new jobs will added over the course of a year. Ohio Lt. Governor Jon Husted on Monday said the Ohio Tax Credit Authority approved an expansion project for tax credit assistance for Rocket Mortgage, whose parent company made over $6.6 billion in profits through the first three quarters of 2020.

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Realtor.com

FEBRUARY 23, 2021

HGTV “Home Town” stars Erin and Ben Napier know that sometimes a little goes a long way. In fact, that’s how they approach the renovation of their latest midcentury build. They want to modernize it, but not too much. On the Season 5 episode “Closer to Mom,” the Napiers meet Brach and Ashley Robinson. These two live in New Orleans but started shopping for a home in Laurel, MS, so that they’d have a comfortable place to stay when they visit Ashley’s mom.

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Housing Wire

FEBRUARY 23, 2021

CoreLogic announced last week the launch of a title and closing product, a digital platform designed to help lenders by automating dozens of manual steps. It’s another push by CoreLogic toward an end-to-end digital mortgage workflow, and to simplify the entire collateral underwriting process. Typically, underwriting takes hours of manual document processing with dozens of steps.

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Realtor.com

FEBRUARY 23, 2021

realtor.com, Anna Webber/Getty Images It’s no surprise that the massive estate of the prominent radio host Dave Ramsey , in Franklin, TN, has turned out to be a great investment—that is, if he can sell it for anywhere near his $15.45 million asking price. Ramsey bought the main portion of the property back in 2008 for a mere $1,552,000. He paid cash back then, as he advises all his listeners to do if they can afford it.

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Realtor.com

FEBRUARY 23, 2021

iStock Of all the tax breaks available, the home office tax deduction is among the murkiest and most misunderstood. And the passage of the 2018 Tax Cuts and Jobs Act has made things even more complicated. So if you work at home, what should you do? Allow us to explain exactly who can take the home office tax deduction these days—and who can’t—as well as how to do it right.

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Principal Design As-is Finance 121

Coldwell Banker

FEBRUARY 23, 2021

The following guest post was co-written by Lynn Kaiser Conrad, Brand Ambassador, and Kaitlin McMurdo, International Affiliate Service Director, for Coldwell Banker Real Estate LLC At Coldwell Banker Around the World, we make the world a little more friendly and intimate by showcasing our global franchises. Perhaps you, like many people, are in need of […].

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Branding 104

Realtor.com

FEBRUARY 23, 2021

Rocco Spaziani/Mondadori Portfolio via Getty Images The actor John Travolta is selling his massive, oceanfront Maine mansion for $5 million. The star had owned the longtime retreat with his wife, the actress Kelly Preston , who died last year at the age of 57 of breast cancer. The couple purchased the 30-room estate, on the north end of Islesboro Island , in the early 1990s, according to a spread about the vacation getaway in Architectural Digest.

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App Folio

FEBRUARY 23, 2021

COVID-19 has changed the way society thinks about the spaces where we work and live. What was nowhere near top of mind one year ago is now at the forefront. For multifamily operators who depend on satisfied residents to keep vacancy low, there has never been a greater need to adapt to change — changing preferences and changing times. One way that you can adapt is by considering some new and timely capital improvement ideas, just in time for leasing season. .

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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

FEBRUARY 23, 2021

Thomas De Wever/iStock The numbers: Home prices rose at the fastest pace in seven years, according to the leading barometer released Tuesday. The S&P CoreLogic Case-Shiller 20-city price index posted a 10.1% year-over-year gain in December, up from 9.2% the previous month. On a monthly basis, the index increased 0.8% between November and December.

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RIS Media

FEBRUARY 23, 2021

In the last five years, Generation Y—more commonly known as millennials—have become the majority of today’s homebuyers. Whether you are a new agent or a seasoned broker, marketing to this group is vital for success. The first step to appealing to this generation is understanding their place in the current market. According to the National Association of REALTORS® Home Buyers and Sellers Generational Trends Report 2020 , millennials made up 36% of the buyers share last year.

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First Team Real Estate

FEBRUARY 23, 2021

Many U.S. households have had a chance to create healthy savings for 2021, which is expected to help fuel the economic recovery from the Coronavirus. To date, there have been two federal Covid-19 aid packages including a $1,200 check last spring, and $600 in December. Sent to households in need of relief, up next, the House will be voting on a new $1.9 trillion relief package, which could be as soon as later this week.

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RIS Media

FEBRUARY 23, 2021

In December, home prices saw an increase of 10.4%, up from 9.5% in November, according to the most recent S&P CoreLogic /Case-Shiller Indices. Year-over-year, the 10-City Composite increased 9.8%, while the 20-City Composite increased 10.1%. The following cities experienced the highest YoY gains: Phoenix (+14.4%), Seattle (+13.6%) and San Diego (+13.0%).

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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.

Sales

Brownstoner

FEBRUARY 23, 2021

On the architecturally scenic Clinton Avenue, this condo in an 1870s brownstone offers up some attractive details like high ceilings and mantels as well as the bonus of private outdoor space and in-unit laundry. One of a row of seven Second Empire-style houses, 338 Clinton Avenue was built by the speculator… Read More > The post Clinton Hill Condo With Mantels, Private Outdoor Space, In-Unit Laundry Asks $1.195 Million appeared first on Brownstoner.

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RIS Media

FEBRUARY 23, 2021

Here are four tips for creating a home office that feels fresh and modern. . Make it Minimalist. A minimalist aesthetic can change the energy of the room and help to keep things more organized, as well as make it easier to stay focused. Up the Energy. Try brightening the room up a bit with a pop of color and allowing in more natural light. Update the Decor.

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Design 97

The Mortgage Report

FEBRUARY 23, 2021

Today’s mortgage and refinance rates Average mortgage rates rose again yesterday. And the rise was sharper than looked likely first thing that morning. When we say that markets can turn […].

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RIS Media

FEBRUARY 23, 2021

Survey closing at midnight – there’s still time to be included in the rankings. Here’s your chance to showcase a recognition-worthy year of business. Today is the deadline to complete RISMedia’s 33rd annual Power Broker Survey, the industry’s longest-running, preeminent ranking by residential sales volume and transactions. The survey will be closing at midnight tonight.

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Closing Branding Residential Industrial 95

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

GeekEstate

FEBRUARY 23, 2021

This week, we interviewed Vincent-Charles Hodder from Local Logic. Without further ado… Who are you and what do you do? I’m Vincent-Charles Hodder, Co-Founder & CEO of Local Logic. We are a location intelligence platform that provides powerful insights on not just properties, but the broader built environment in which they exist. We are passionate about the future of our cities, and we believe our platform has the power to make them work better for the people that live in them.

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RIS Media

FEBRUARY 23, 2021

Leading Real Estate Companies of the World® (LeadingRE) recently named Curbio to its Solutions Group, a collection of preferred business resources. Curbio, a national home improvement company for REALTORS®, partners with agents and their clients to make repairs and updates to get homes ready for market, with no payment due until the home is sold. As the licensed and insured general contractor, Curbio offers a one-stop solution, from permitting, to project administration, to punch-list for proje

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Waterfront Properties

FEBRUARY 23, 2021

Spring is just around the corner and the end of February means the return of baseball for many fans. Baseball’s Spring Training brings new players, new goals, and new expectations for the upcoming MLB Season. In Palm Beach County, four professional teams play their Spring Training games at two local baseball stadiums. The Roger Dean Chevrolet Stadium in Jupiter is home to the Miami Marlins and the St.

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RIS Media

FEBRUARY 23, 2021

Realogy Holdings Corp. recently reported financial results for the fourth quarter and full year ended Dec. 31, 2020. “Realogy had an outstanding 2020, delivering $726 million in Operating EBITDA, $555 million in free cash flow, 13% home sale transaction volume growth, and substantial capital structure improvements,” said Ryan Schneider, Realogy’s chief executive officer and president. “In an extraordinary year, we were able to capitalize on the dynamic housing market, acc

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Title Brokerage Mortgages Closing 94

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

Better Dwelling

FEBRUARY 23, 2021

Canada might be in the middle of a pandemic with a shuttered economy, but it hasn’t slowed mortgage growth. Bank of Canada (BoC) data shows residential mortgage credit hit a new record high in December. The rate at which mortgage debt was the shocking part though. Mortgage debt is now growing at the fastest pace […]. The post Canadian Mortgage Debt Grows At Fastest Pace Since 2010, Adding Over 6% of GDP appeared first on Better Dwelling.

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RIS Media

FEBRUARY 23, 2021

If you want to turn your closet into a luxury boutique, here are a few tips to make it happen. Focus on Presentation. You can create visual appeal with display cases and glass cabinet doors that make it easy to admire your perfectly folded wardrobe. . Decorate With Intention. At least one floor-to-ceiling mirror is essential. You can also hang a few paintings or curate objects on the shelves, such as antiques, books and flowers. .

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Sotheby's International Real Estate

FEBRUARY 23, 2021

Nestled amid the villages of Sagaponack, East Hampton, Sag Harbor, and Bridgehampton is the charming hamlet of Wainscott, home to farm fields, ocean beaches, and serene, sophisticated coastal escapes. Notable among these glamorous getaways is this gated 1.93-acre estate, which combines a feeling of countryside seclusion with the relaxed refinement for which the Hamptons are known and beloved.

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Construction Brokerage 90

RIS Media

FEBRUARY 23, 2021

NAR PULSE—Don’t let the newest members of your team go it alone. Give them access to best practices and proven success strategies by becoming a mentor for Buffini & Company’s 100 Days to Greatness® program. Brokers save $100 on certification through NAR’s REALTOR Benefits® Program. Ends March 31. NAR’s 2021 Code of Ethics Materials Now Available.

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Agents Industrial 89

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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

Mandrona Group

FEBRUARY 23, 2021

Most WA State Parks Have Opened As Of February 2021. Be sure to double check before you head out. If. Read More. Content provided by: John L. Scott Ballard | Madrona Group.

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RIS Media

FEBRUARY 23, 2021

You counted on the National Association of REALTORS® for extra support through Right Tools, Right Now when the pandemic hit and took advantage of dozens of free and discounted products, resources and services over the past year. Moving forward, your brokerage and your agents can continue to look to us for support as Right Tools, Right Now is now a permanent program offering vetted tools updated monthly to match what’s happening in the real estate market.

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Waterfront Properties

FEBRUARY 23, 2021

Palm Beach County is Florida’s biggest farming county In fact, it is not the first thing that comes to mind when you think of Palm Beach County. The southeast coast of Florida conjures up ideas of beaches, great shopping, innovative restaurants, laid back luxury, gorgeous homes, miles of navigable waterways and the Atlantic Ocean. But farming? As it turns out the United States Department of Agriculture conducts a poll every five years.

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The Mortgage Report

FEBRUARY 23, 2021

You may be able to use a 203k loan for an investment property. But only in certain circumstances. Learn about 203k loan rules for investors here.

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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.

Sales