Thu.Aug 04, 2022

A Real Estate Case Of “Know When To Fold ‘Em”

Toronto Realty Blog

TorontoRealtyBlog. The date was July 17th, 2007. Toronto Mayor, David Miller, had been pushing for a municipal land transfer tax, even though residents of the city already paid a provincial land transfer tax upon the purchase of real estate, and this was to be Mayor Miller’s baby!

Land 71

Fannie Mae to accept lender-funded down payment assistance

Housing Wire

Fannie Mae will now buy mortgage loans with lender-funded grants, including down payment assistance, closing costs or financial reserves. The change could give nonbank lenders a way to guard against redlining accusations.

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Why It’s Still a Sellers’ Market

Keeping Current Matters

As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. For Sellers Housing Market Updates Selling Myths

Rocket’s profits drop dramatically to $60M in Q2 2022

Housing Wire

Rocket Companies , the parent of America’s top mortgage lender Rocket Mortgage , reported a $60 million profit in the second quarter, down from $1 billion in profits just the previous quarter.

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In this webinar, Keller Williams Team Leader Trey Willard will teach you how to create a winning tech stack, and how to leverage apps for real estate success.

High Home Prices Is Main Reason Active Buyers Can’t Seal the Deal

Eyes on Housing

An earlier post revealed that 63% of buyers who were actively engaged in the process of finding a home in the 2nd quarter of 2022 have spent 3+ months searching for a home without success.

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More Trending

Housing Share of GDP Edges Lower in the Second Quarter of 2022

Eyes on Housing

Housing’s share of the economy edged lower at the end of the first half of 2022. For the second quarter of 2022, overall GDP declined at a 0.9% annual rate, following a 1.6% decrease in the first quarter. Housing’s share of GDP decreased to 16.6%, slightly below the first quarter share of 16.7%.

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Cheer up, at least purchase mortgage rates are now below 5%

Housing Wire

Purchase mortgage rates dropped for the third consecutive week and are now below the 5% level, reflecting a Federal Reserve monetary policy that has led to a “technical recession” in the U.S. economy.

How to Sell Your Home With a Rent-Back Agreement

HomeLight

Accepting a good offer on your home from the right buyer should be celebrated. But if you’ve sold your home before you’ve found a new one – or maybe your new one isn’t ready, or perhaps you want to stay put until the end of the school year – you may not be ready to pop the champagne cork.

Unpacking the top housing regulations to watch at HW Annual on Oct. 4

Housing Wire

The current administration has been in office for over a year and a half, and with that tenure, a lot of the new housing officials have had time to create and announce their core initiatives.

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

In this webinar, Mary Maloney will demonstrate a methodology that will help you create a pipeline with continuous prospects.

As Mortgage Demand Hits New Lows, Here’s What’s In Store For The Housing Market

Realty Biz

The housing market has its ups and downs in any economic era, but today we face lower demand for mortgages than has been seen for over two decades. This is a tricky state of affairs for various reasons, so let’s discuss how we’ve reached this point and where we go from here.

Finance of America eliminates big chunk of workforce as losses mount

Housing Wire

Finance of America posted steep losses in the second quarter and has pledged to eliminate a significant percentage of its workforce to contain the financial fallout.

The Best-Kept Hidden Gems in Tucson According to Locals

Redfin

As Arizona’s second-largest city, Tucson has something to offer everyone who calls this vibrant city home. If you’re wondering what it’s like living in Tucson , the sun shines over 350 days a year, perfect for those who love summer weather and outdoor activities.

Land 79

Veros acquires appraisal management company Valligent

Housing Wire

The parent company of appraisal software firm Veros Real Estate Solutions has acquired California-based appraisal management company Valligent Technologies.

The Complete Realtor: Tools to Successfully Manage Your Personal Life, Career, and Health

Speaker: Marki Lemons Ryhal, REALTOR, Keynote Speaker, 4X International Best Selling Author, and Podcaster at ReMarkiTable, LLC

In this webinar, Marki Lemons Ryhal will teach you how you can pivot and succeed as a real estate agent in the face of adversity!

How Marketing to Buyers and Sellers Has Changed

Realty Biz

Q&A with Robyn Erlenbush, Broker/Owner ERA Landmark Realty, Bozeman , M.T. Realty Biz News : The housing market of the last few years has been characterized by a frenzy of activity and a cauldron of emotions. How have you responded, particularly in your conversations with buyers and sellers?

Freedom Mortgage agrees to sell RoundPoint Mortgage Servicing 

Housing Wire

Two years after acquiring RoundPoint Mortgage Servicing , Freedom Mortgage Corp. has inked a deal to sell the nonbank mortgage servicer to Matrix Financial Services Corp. another leading mortgage servicer and a wholly owned subsidiary of real estate investment trust Two Harbors Investment Corp.

??The Top 10 Fastest-Growing Cities in California

Redfin

California is home to beautiful beaches, a vibrant arts and entertainment scene, and stunning nature. It’s no surprise that California is the most populous state in the United States, with around 39 million people calling it home.

Sales 75

Black Knight reports slowing organic growth

Housing Wire

Ahead of a potential merger with rival Intercontinental Exchange Inc. mortgage tech giant Black Knight reported slimmer profits in the second quarter and slowing organic growth. The company’s profit dropped nearly 90% from the previous quarter’s $364.6

Database Restoration: How to Revive Dead Leads and Generate New Ones

Speaker: Rivers Pearce, CEO of W8LESS

In this session Rivers Pierce, CEO of W8LESS, will teach you how winning agents restore and revive their database to continue to gain market share!

Tips for Working Best with Marketing Directors

Realty Biz

A Conversation with Lucinda Brasington Chief Operating Officer, ERA Wilder Realty, Columbia and Charleston, S.C. Lucinda Brasington has worn many hats during her real estate management career, including that of Marketing Director.

Ocwen earnings down amid higher rates, spreads

Housing Wire

Florida-based mortgage servicing company Ocwen Financial — the parent company of entities including PHH Mortgage Corp. and Liberty Reverse Mortgage — recorded a pre-tax loss of $26 million in Q2 2022 compared to income of $6 million one year prior.

??The Top 10 Fastest-Growing Cities in Arizona

Redfin

Thinking of moving to Arizona? Best known as “The Grand Canyon State,” over 7 million people call this state home. And it’s no surprise with easy access to nature, great weather, and lively cities.

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Chime can now automate online marketing with Social Studio

Realty Biz

The customer relationship management focused proptech startup Chime has announced a new social media tool called Social Studio.

MLS 70

The Real Estate Pulse: Analyzing the 2022 Housing Market

Speaker: Grier Allen, CEO and Co-Founder of BoomTown

In this session, Grier Allen, CEO and Co-Founder of BoomTown, will breakdown the top housing trends for 2022, and help you navigate the constant changes in the market so that you can achieve success!

The Ultimate Guide to Rent Increase Notices

Redfin

If you rent, chances are good that you’ve received a rent increase notice before.

TruAmerica Multifamily snaps up 1,500 apartment units via three acquisitions

Realty Biz

Multifamily investment giant TruAmerica has said it has acquired five suburban apartment communities that together comprise almost 1,500 units in Florida, Phoenix and Ohio.

8 Most Affordable Pittsburgh Suburbs to Live In

Redfin

Pittsburgh, also known as “the Steel City,” is quickly becoming home for many Pennsylvanians and out-of-staters alike. There are countless things to do in the city, including visiting the Andy Warhol Museum, the Carnegie Science Center, and the Phipps Conservatory and Botanical Gardens.

Sales 68

Homebuyers are paying a premium in fire, flood-prone areas

Real Trends

More people have moved into high fire risk and high flood risk areas in recent years than out of them, according to research from Redfin.

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Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!