App Folio

JUNE 22, 2022

With the rise of digital technology across all industries, consumer expectations have risen — and property management is no different.

Property Management 105

Property Management Technology Industrial 105

Housing Wire

JUNE 22, 2022

JPMorgan Chase , the nation’s largest bank, has started a workforce reduction of its mortgage lending business this week after having been struck by a tightening monetary policy that drove mortgage rates to over 6%. “Our staffing decision this week was a result of cyclical changes in the mortgage market ,” a spokeswoman for JPMorgan wrote in a statement on Wednesday.

Mortgages 514

Mortgages Lending Banks Industrial 514

Keeping Current Matters

JUNE 22, 2022

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind.

Loans 306

Loans Mortgages 306

Housing Wire

JUNE 22, 2022

United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, wants to beat rival lenders by offering competitive pricing to brokers, a move designed to navigate a shrinking mortgage market with compressed margins. UWM dropped rates by 50 to 100 basis points across all loan types, the company said in a release. The new program follows UWM’s two-month price-match trial that ends June 30.

Loans 459

Loans Loan Officer Banks Mortgages 459

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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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The Mortgage Report

JUNE 22, 2022

Learn how rising mortgage rates impact home buyers and what you can do to improve your home buying odds in today's market.

Mortgages 122

Mortgages Marketing 122

Housing Wire

JUNE 22, 2022

Hackers stole the personal information of 1,547,169 clients of Michigan-based Flagstar Bank in December, according to a document sent by the financial institution to the Office of the Maine Attorney General. The cyberattack occurred on Dec. 3 and Dec. 4, 2021, but the company discovered it on June 2, 2022, the document shows. The external data breach resulted in hackers accessing customers’ social security numbers. .

Banks 435

Banks Residential Mortgages Marketing 435

Housing Wire

JUNE 22, 2022

A congressional watchdog determined a federal agency responsible for overseeing national banks — the Office of the Comptroller of the Currency (OCC) — has followed procedures “inconsistently” and used “outdated” and “unclear” guidance when examining banks for potential instances of redlining. Democratic lawmakers Rep. Joyce Beatty of Ohio, Rep.

Lending 418

Lending Banks Development Finance 418

The Mortgage Report

JUNE 22, 2022

Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday. Since last Wednesday, they’ve barely moved, which is a relief. However, those for conventional, 30-year, fixed-rate mortgages have remained […].

Fixed-rate mortgage 116

Fixed-rate mortgage Mortgages 116

Eye on Housing

JUNE 22, 2022

Nonfarm payroll employment increased in 32 states and the District of Columbia in May compared to the previous month while 18 states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 390,000 in May, following a gain of 436,000 jobs in April. On a month-over-month basis, employment data was strong in Texas, which.

Construction 115

Construction Marketing 115

The Close

JUNE 22, 2022

Although it may seem a bit dated in the age of TikTok, your real estate agent Facebook page is still one of the most important elements of your online brand. While Facebook (now Meta ) traffic has taken a small hit recently, one group still uses Facebook more than any other platform—Baby Boomers — the very demographic who are statistically most likely to buy and sell real estate.

Agents 111

Agents Branding As-is Design 111

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.

Industrial

Lighter Side of Real Estate

JUNE 22, 2022

Question: Have you seen the postcards most agents send out? BOOOR-ING! I’m pretty sure they make the prospects sleep-walk on their way back inside the house. It’s not your fault, though. There’s simply not much to choose from if you’re an agent…. …at least not if you want to give your prospects a punch of personality (and actually keep them awake and attentive to your message).

Agents 109

Agents Marketing As-is Mortgages 109

Toronto Realty Blog

JUNE 22, 2022

TorontoRealtyBlog. I recently conducted a survey and I wanted to share the results with you. I asked two people in the parking lot at my company if they like soccer, and both said no. I have therefore concluded that 0% of people in Canada like soccer. Wait, what? Oh, sorry, I’m just proving a point about sample size and selective data analysis.

As-is 105

As-is Marketing Sales Brokerage 105

Real Trends

JUNE 22, 2022

They say, “As California goes, so goes the nation,” but when it comes to 21 st Century U.S. real estate, perhaps the bellwether is Phoenix. The Arizona metropolis was ground zero for the housing bubble and the subsequent foreclosure crisis — after which institutional investors began gobbling up distressed properties there. More recently, Phoenix was the hub of iBuying and the fastest rising home prices in the country.

Investor 98

Investor MLS Lending Sales 98

Brownstoner

JUNE 22, 2022

Confirming a preliminary vote in May, the New York City Rent Guideline Board voted Tuesday to approve a range of increases in rent-stabilized buildings affecting more than 2 million tenants across the city. Renters with one-year leases can expect a 3.25% jump in their rents, while those with two-year leases will… Read More > The post Tenants and Landlords Decry Rent Board Hike of Up to 5 Percent for Stabilized Apartments appeared first on Brownstoner.

Marketing 98

Marketing 98

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Real Trends

JUNE 22, 2022

Top-performing agents David Mayer, Michael Hania and Raphael Sitruk are joining forces at The Corcoran Group to form The MHS Team , according to a recent announcement. The new team will be based out of The Corcoran Group’s Soho office and it will be led by senior managing directors Paula Manikowski and Brennan Zahler. Sitruk also will be associated with Corcoran’s Bal Harbour office in Florida.

Agents 98

Agents Brokerage Development Sales 98

Brownstoner

JUNE 22, 2022

In the News The Black Oysterman Taking Half Shells From the Bar to the Block [NYT] Four EMTs Hospitalized After Two FDNY Ambulances Collide in Park Slope [NYP] Is That Bridge Really Falling Down? [The City] First Responders Ready to Work as Lifeguards, But City Says No [The City] BPL Honors Jon Batiste, Other Notables… Read More > The post Daily Links: Stalled Hotel Tower Site Next to Weylin in ‘Burg to Be Auctioned in Bankruptcy Sale appeared first on Brownstoner.

Bankruptcy 98

Bankruptcy Sales As-is 98

Norada Real Estate

JUNE 22, 2022

Over the last few years, more and more investors have taken to rental property investment. Demand for rental property has increased with real estate dealers reeking in millions from sales. This rush for property ownership is quite understandable. Rental property investment is one with very promising returns. Do you know about buying rental property with no money down?

Hard money loan 98

Hard money loan Purchase and sale agreement Loans Banks 98

Realty Biz

JUNE 22, 2022

Mortgage rates continue to increase nationwide; inventory is increasing slightly as buyers back off, and the extremely hot seller’s market we saw during the peak of COVID-19 is cooling down. We see terms like “bubble,” “buyer remorse,” and “recession” thrown around, sparking emotion and even fear in some. Is the sky falling? . In May of this year, NAR’s Chief Economist Lawrence Yun referred to the real estate market as uncertain.

Marketing 95

Marketing Staging Branding As-is 95

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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.

Agents

Norada Real Estate

JUNE 22, 2022

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. We all know that in a real estate investment “cash-is-king.” But, if an investor does not have that much cash in hand, finance is required to meet the purchase price of an investment property. There are many options available to finance turnkey rental properties.

Finance 96

Finance FHA loan Investor Loans 96

BubbleInfo

JUNE 22, 2022

Hat tip to long-time reader Todd who we saw at the game last night – we did bug out early, but it was only to pick up Kayla at the airport. The Padres walked it off in the 11th inning! Meanwhile, people are wondering where the local real estate market is going to end up. […].

Marketing 91

Marketing 91

Norada Real Estate

JUNE 22, 2022

When it comes to real estate , you'll find widely divergent opinions about its importance in an investment portfolio of an individual. Investing in a turnkey rental property is among the best investments you could make today in the US real estate market. The value of your turnkey rental property may increase to make it profitable for you to flip it in the future.

Purchase and sale agreement 94

Purchase and sale agreement Inspection Property Management Title 94

Real Trends

JUNE 22, 2022

Home sellers across the country — including those in formerly scorching hot pandemic-fueled markets — have had to adjust expectations and drop prices as home buyers lose purchase power to rising mortgage rates. More than 40% of home sellers in Salt Lake City; Boise, Idaho; Sacramento, California, and other areas where home price appreciation ballooned during the height of Covid-19 were forced to drop prices in May, according to a Tuesday report from Redfin.

Mortgages 82

Mortgages Marketing Sales Agents 82

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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.

Agents

Realty Biz

JUNE 22, 2022

ERA PETKUS WEISS. ERA ® Real Estate , a global franchising leader within the Anywhere SM family of brands, today announced the affiliation of ERA Petkus Weiss. The company is based in Vandalia, Ohio, and serves the Dayton Metro and Greater Miami Valley areas. The full-service company’s affiliated agents work with clients on residential sales, investments and relocation, as well as mortgage and title services.

Branding 79

Branding Residential Technology Agents 79

Real Trends

JUNE 22, 2022

Whether you’re working with buyers or sellers, there are more opportunities than ever to add value and empower clients in today’s market. One of the beliefs that successful agents must embrace is that every market offers opportunities if you know where to look. Over the past couple of years, many agents have been holding on for dear life with multiple offers and lightning-fast turnaround times.

Marketing 80

Marketing Development Agents Staging 80

Realty Biz

JUNE 22, 2022

The best real estate agent marketing tools are the ones that will help you generate the most leads and convert the most leads into clients. There is no one-size-fits-all solution, so the best approach is to use a mix of real estate agent marketing tools that will work best for your business. Converting leads into clients is the aim of every real estate agent, and when you’re trying to figure out which real estate agent marketing ideas are effective, consider how each of these five best rea

Agents 77

Agents Marketing Technology Closing 77

Brownstoner

JUNE 22, 2022

In the leafy Fiske Terrace-Midwood Park Historic District, this early 20th century standalone has gotten an interior brush up that left period details intact while giving the kitchen a more modern flair. Built in the section originally developed as Midwood Park, the brick and stucco house at 695 East 17th… Read More > The post Midwood Park Standalone With Wood Burning Fireplace, Central Air, Parking Asks $2.2 Million appeared first on Brownstoner.

Development 75

Development Marketing 75

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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

Realty Biz

JUNE 22, 2022

Existing home sales declined again in May, falling by 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to new data from the National Association of Realtors. On a yearly basis, existing home sales were down 8.6% compared to May 2021. The NAR said the market is now at its weakest reading since June 2020, during the early months of the COVID-19 pandemic when a lot of activity was temporarily paused.

Sales 77

Sales Mortgages Closing Marketing 77

Brownstoner

JUNE 22, 2022

… Read More > The post appeared first on Brownstoner.

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75

BubbleInfo

JUNE 22, 2022

After she took five listings at the same price, I joked with the listing agent here that maybe every house was worth $3,200,000 now!

Closing 69

Closing Agents 69

Mashvisor

JUNE 22, 2022

As a short-term rental owner in 2022, you can use VRBO Florida rentals to succeed in your business. But what is VRBO and how does it really work?

As-is 69

As-is Investor 69

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