Housing Wire
APRIL 8, 2022
It’s a depressing combination. A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Fannie Mae ‘s Home Purchase Sentiment Index, which tracks the housing market and consumer confidence to sell or buy a home, dropped by 2.1 points to 73.2 in March from the previous month.
RIS Media
APRIL 8, 2022
Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers.
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Housing Wire
APRIL 8, 2022
This week’s HW+ member spotlight features Eric Lapin, who was recently appointed chief strategy officer at FormFree. Tapping into more than 25 years of experience, Lapin will strategically identify and execute growth opportunities at FormFree to drive the company forward. Prior to joining FormFree, Lapin served as first vice president of corporate development, national agency services, at Old Republic Title , and has also held leadership positions at Altisource , Black Knight , First American an
Eye on Housing
APRIL 8, 2022
According to the latest May 2021 Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $49,070 and the top 25% make at least $75,820. In comparison, the U.S. median wage is $45,760, while the top quartile (top 25%) makes.
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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.
Housing Wire
APRIL 8, 2022
The Consumer Financial Protection Bureau ’s attempt to revive a mortgage servicing misconduct lawsuit against Ocwen Financial Corp. is in choppy waters. On Wednesday, the U.S. Court of Appeals for the Eleventh Circuit ruled that most of the watchdog’s complaints against Ocwen that occurred from January 2014 to Feb. 26, 2017, are prohibited because of a 2014 consent order.
Realty Biz
APRIL 8, 2022
With many advantages to renting, like having fewer responsibilities and more flexibility, it is an obvious choice for many people. But even with fewer things to worry about, there are some considerations before renting a home that you need to be aware of. Research and due diligence are essential after jumping on the best website for rentals. Understanding how to find a house to rent is critical, but you don’t want to make mistakes.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Sotheby's International Real Estate
APRIL 8, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Mendham, New Jersey | Liane Dobson, Kienlen Lattmann Sotheby’s International Realty . Whitney Houston’s legacy continues to live on and now, a piece of her history in New Jersey is on the market for $1.599 million. Whitney Houston’s Former Guest House Is for Sale – Apartment Therapy.
Housing Wire
APRIL 8, 2022
Deephaven Mortgage hired Anthony Gulotta to lead wholesale sales on the East Coast, the non-QM lender announced this week. Gulatta, based in Charlotte, will work to build the lender’s presence with mortgage brokers on non-agency products. “Anthony combines a strong understanding of the business opportunities for mortgage brokers with a dedicated focus on education and client support,” John Keratsis, president and CEO of Deephaven Mortgage, said in a statement.
RIS Media
APRIL 8, 2022
Homeownership continues to be one of the most important means of wealth building in the U.S. Unfortunately, the number of housing units for sale is at its lowest in almost 50 years given the vast scale of underbuilding and the lack of residential investment over the past 15 years. The lack of investment in housing in our country has made buying a home much more expensive and out of reach for many credit-worthy Americans.
1000Watt
APRIL 8, 2022
I spent three days this week driving across the wide-open spaces of Montana with my daughter. . Interstate and backroad, mountain and plain, “city” and town. We ditched Spotify and listened to radio — country radio — the whole time. . I am 50. Gen X. I grew up on radio. Casey Kasem and Rick Dees were totems in my teenage world. Their shows were events.
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.
RIS Media
APRIL 8, 2022
Many buyers are waiving the home inspection in today’s market but even after closing, your clients can reap the benefits of having a professional, thorough home inspection. First, the home inspection allows the buyer to learn about any major defects or damage that may not have been disclosed. Things like a new roof or repairing a foundation are costly and will need to be budgeted for, on top of all the usual costs of homeownership.
Brownstoner
APRIL 8, 2022
Our picks for open houses to check out this weekend are found in Bed Stuy and Crown Heights. They range in price from $1.949 million to $2.5 million. In Bed Stuy, an 1870s brick Italianate in the Bedford Stuyvesant/Expanded Stuyvesant Heights Historic District has some original interior details remaining, including six… Read More > The post A Bed Stuy Italianate With Mantels and Two More to See, Starting at $1.949 Million appeared first on Brownstoner.
RIS Media
APRIL 8, 2022
Being a real estate agent could put you in some risky situations, so make sure you have a safety plan ready to go. Is being a real estate agent a dangerous job? Though not an inherently dangerous job, the National Association of REALTORS ® (NAR) 2020 Member Safety Report found that about 5% of agents have been the victim of a crime while working. To ensure your safety and peace of mind, it’s best to be prepared for anything.
Toronto Realty Blog
APRIL 8, 2022
TorontoRealtyBlog. I don’t know David from high school, nor did I play baseball on his team… talk about a boys club, right? But not to worry, I worked in the heavy equipment industry for four years so I’m very well versed in what it means to voice the only female perspective in the room. So, I guess it’s my turn now. . Hello, I’m Tara Amina, also known as the most positive agent on the team!
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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
APRIL 8, 2022
With years of experience in the property industry, the team at Capital Homes International is well positioned to find their clients the best properties available at any given time. Here, Carlo Nasti and Jonny Keightley—the firm’s directors—provide a glimpse into the burgeoning London market. Nasti and Keightley. Please tell us about your firm.
Realty Biz
APRIL 8, 2022
Physician mortgage loans are a particular loan class exclusively available for physicians and medical residents. A few factors can make home loans more difficult than you would expect for a person who works as a doctor. If you’re a physician or a dentist, you may have a high student loan balance as a newly graduated medical practitioner. Or, you might be still in and out of training.
RIS Media
APRIL 8, 2022
While their collective sales volume was a staggering $2.4 trillion-plus in 2021, the Top 1,000 brokers ranked in RISMedia’s 2022 Power Broker Report are facing a very different landscape as this year progresses. According to the results of RISMedia’s annual Power Broker Survey, total sales volume for the top 1,000 firms in 2021 increased by nearly $800B YoY, with the average transaction amount soaring from $394,043 in 2020 to $492,857 in 2021.
Brownstoner
APRIL 8, 2022
The voting period for the five Brooklyn City Council districts taking part in this year’s participatory budgeting cycle is coming to a close this Sunday, April 10. Here are the districts participating and the projects proposed for each one. What is participatory budgeting? Every spring, the mayor and the City Council work… Read More > The post Cast Your Ballot: Voting for Participatory Budgeting in Five Brooklyn Districts Ends This Weekend appeared first on Brownstoner.
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
APRIL 8, 2022
The next step in Howard Hanna Real Estate Services’ forward-looking growth strategy was realized this week with the announcement of its merger with HER, REALTORS®. The deal adds roughly 1,200 agents and 90 offices to Howard Hanna’s portfolio and expands its footprint in Ohio, Michigan and northern Kentucky. “We are excited to welcome HER, REALTORS® to the Hanna Family of Companies,” said Helen Hanna Casey, chief executive officer of Howard Hanna Real Estate Services.
The Mortgage Report
APRIL 8, 2022
Today’s mortgage and refinance rates Average mortgage rates fell appreciably yesterday. But even that worthwhile fall didn’t make much of a dent in recent rises. And mortgage rates start this […].
RIS Media
APRIL 8, 2022
The U.S. Department of Housing and Urban Development (HUD) has announced that it is making an additional $3,285,353 in American Rescue Plan (ARP) funding available to help HUD’s Fair Housing Initiatives Program (FHIP) agencies combat housing discrimination related to the COVID-19 pandemic. Organizations that qualify for the funding, which is being awarded through FHIP’s Private Enforcement Initiative (PEI) component, will be able to use the money to conduct a range of fair housing enforcement an
HomeLight
APRIL 8, 2022
Homeowner Domingo Gutierrez and his wife, Teresa, faced a common dilemma: They needed a larger home to accommodate their family and pets, but lenders kept insisting that they would have to sell their home first in order to get approved for a new mortgage. “For a couple of years, this actually stopped us from getting into a new home,” says Gutierrez.
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
APRIL 8, 2022
The National Association of REALTORS® on Thursday announced the promotion of Jon Waclawski to vice president of political advocacy from his role as senior political compliance counsel & director of legal affairs. In his new role, Waclawski will lead strategy for all of NAR’s federal, state and local political programs while continuing to advise on political law and federal and state campaign finance, according to the company.
Realty Biz
APRIL 8, 2022
MeetElise is a New York City-based tech company that aims to modernize the apartment leasing experience through artificial intelligence. The company aims to streamline the leasing process for multifamily units across the US. For this purpose, it offers an AI leasing assistant with advanced conversational capabilities, unique in its field: Elise “talks to people like people.” Elise “talks to people like people.” Unlike human leasing agents, who need time off, Elise is avai
RIS Media
APRIL 8, 2022
Previous. Next. Introducing the Diamond Villa. Situated on one of the many scenic Croatian islands in the Adriatic, this estate conveys modish opulence in a natural landscape seemingly untouched by time. This property is marketed by Concierge Auctions and will list as a no reserve auction property, wherein buyers will have the opportunity to bid at no set or expected opening bid virtually from anywhere in the world through the firm’s online auction platform.
Real Trends
APRIL 8, 2022
The share of home sellers dropping their asking prices in March reached the highest level recorded since early December, according to a Redfin report published on Thursday. Soaring mortgage rates are largely to blame, according to Redfin’s economists. The report examined housing market data in over 400 U.S. metropolitan areas during the four weeks ending on April 3.
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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.
Brownstoner
APRIL 8, 2022
In the News How to Get a Free Covid Test in New York City [NYT] Artist as Healer: Guadalupe Maravilla's Sculptures at the Brooklyn Museum [NYT] New York Aquarium’s New Imaginative Exhibit, the Playquarium, Opens [BP]. Dumbo Open Studios Returns in Person [BK Reader] Brooklyn Company Ordered to Give $900K to Underpaid NYCHA Workers… Read More > The post Daily Links: To-Go Cocktails May Still Have a Future in NYC appeared first on Brownstoner.
RIS Media
APRIL 8, 2022
In sales, talent is everything. This was the Corcoran Group’s perspective when it hired Jason Zeller, previously a member of the Wilder Team at Compass. Along with Zeller, the company also onboarded his associate Joseph Marcus and assistant David Chikovani. At Corcoran, Zeller will launch the JZ Team, based out of the firm’s Westside Columbus office.; This office will be led by Senior Managing Director, Eric Hamm, and Managing Director, Kimberly Pickard.
Realty Biz
APRIL 8, 2022
In the early morning hours of June 24, 2021, the Champlain Towers South in the Miami Beach area collapsed killing 98 people. It was headline news for days as rescuers searched for survivors. After the dust settled, federal investigators pulled together evidence showing the 12-story, 136-unit oceanfront condo building had substantial concrete structural damage to its pool deck area that was long overdue for repairs.
Redfin
APRIL 8, 2022
Replacing or installing windows can be stressful for many homeowners. Whether it’s deciding which type of windows are best for you, choosing the right kind of glazing, or even considering if you need to replace your windows at all, there are a lot of factors to consider. . So, how do you know if you need to replace windows in your home? Perhaps you recently noticed that one or more of your windows have become difficult to open – a common problem, especially with wood windows.
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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