Housing Wire

NOVEMBER 22, 2022

Prepayment activity fell to another record low in October amid mortgage rates topping 7% and refis drying up. Black Knight expects that the steep declines in rate lock volume and seasonality factors point to further declines in prepayment activity. Prepayment dropped 16.5% to a single-month mortality rate of 0.48%, well below the previous record of 0.55%, according to Black Knight’s October mortgage performance statistics report.

Mortgages 396

Mortgages Loans Closing Marketing 396

Keeping Current Matters

NOVEMBER 22, 2022

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you.

Marketing 216

Marketing 216

Housing Wire

NOVEMBER 22, 2022

Movement Mortgage CEO Casey Crawford and President Mike Brennan. Movement Mortgage’s deal to acquire top indie retail lender Mortgage Network marks a shift in the South Carolina-based company’s strategy. “Over the years, we’ve been more focused on organic growth, one loan officer at a time,” said Mike Brennan, who became Movement’s president in January 2021. “But that’s changed: we’re now attracting bigger groups, bigger producers.” .

Mortgages 384

Mortgages Loan Officer Loans Brokerage 384

Better Dwelling

NOVEMBER 22, 2022

Canada’s got ninety-nine problems and mortgage debt is…. Over two trillion of them. Bank of Canada (BoC) senior deputy governor Carolyn Rogers addressed concerns about financial stability earlier today. She boiled it down to two major concerns that have been present for a long time, but are building up — household debt and housing. She […]. The post Canada Needs Lower Home Prices & Economic Stability Requires “Pain”: Bank of Canada appeared first on Better Dwelling.

Banks 138

Banks Mortgages 138

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

Housing Wire

NOVEMBER 22, 2022

U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge will be the first sitting HUD secretary to visit Japan when she arrives in Tokyo next week. According to an announcement, Tokyo’s Governor Yuriko Koike will hold a joint news conference with Fudge on November 30 to “learn more about [Japan’s] policies regarding public housing, affordable housing models, and aging in place.” Secretary Fudge is also slated to meet with the Minister of Land, Infrastructure, Transpor

Land 382

Land Development As-is 382

BubbleInfo

NOVEMBER 22, 2022

The Spring Selling Season could get a real boost if mortgage rates stay in the 5s. The Fed has been telegraphing their intentions for months now, and at this point, there can’t be anyone who thinks the Fed won’t keep raising their Fed Funds rate – at least for their next two meetings. Mortgage lenders […].

Mortgages 105

Mortgages Loans 105

Real Trends

NOVEMBER 22, 2022

Employees at power buying firm Ribbon are the latest to feel the sting of the housing market slowdown. On Monday, the Shaival Shah-helmed firm laid off 170 employees, or 85% of its staff. According to an emailed statement by a Ribbon spokesperson, the firm will now “be led by a lean and focused team of just under 30 people.”. The impacted staffers were notified via individual emails sent Monday.

Brokerage 103

Brokerage Agents Marketing Investor 103

Maximum Exposure Real Estate

NOVEMBER 22, 2022

The Ultimate Guide to Covenants, Conditions, and Restrictions (CC&Rs) Have you heard of restrictive covenants or house covenants? While you might have a checklist of things you want from your next home, you might also need to consider what you are and aren’t allowed to do when you own it. If you buy a home […]. The post What Are House Covenants, Conditions, and Restrictions: CC&R’s Explained appeared first on Maximum Real Estate Exposure.

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101

Real Trends

NOVEMBER 22, 2022

Along with the holidays come those predictable holiday objections. Your sellers want to ‘take a break’ and your buyers are constantly rescheduling. It’s a busy time of year for everyone. How can you take a breath, enjoy the merrymaking and still keep your momentum ? Below, you’ll find our top ways to do just that. Respect the wishes of your clients.

Agents 99

Agents Marketing Staging 99

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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

Realtor.com

NOVEMBER 22, 2022

Property brothers Jonathan and Drew Scott have worked with many a film, TV, and pop star on their show “ Celebrity IOU.” But this is the first time they’ve ever been able to help a Broadway legend. In the episode “Idina Menzel’s Slam Dunk,” they meet Idina Menzel , who has starred in “Wicked” and “Frozen,” among many other musicals and shows. “She is known as the Queen of Broadway, and I am known as the King of Construction,”

Renovation 98

Renovation Construction As-is Design 98

Eye on Housing

NOVEMBER 22, 2022

According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts remained elevated during the third quarter of 2022. At 141,000 units started, this was the largest quarter for rental multifamily construction since the second quarter of 1986. The market share of rental units of multifamily construction starts increased to 97% as the already small condo.

Construction 98

Construction Marketing 98

Realtor.com

NOVEMBER 22, 2022

Photo-Illustration by Realtor.com / Getty Images (4) For the past several years, venture capital–backed investment behemoths and mom and pop newbies alike have poured money into real estate. With mortgage interest rates at historically low levels and stimulus cash sloshing through the economy, real estate investment went from vigorous to full-on feverish.

Investor 95

Investor Mortgages Marketing Finance 95

Sotheby's International Real Estate

NOVEMBER 22, 2022

North of Santa Fe, where the Sangre de Cristo Mountains begin to roll toward the historic downtown, an incomparable estate stretches gracefully across a 3.7-acre hilltop amid the piñon- and juniper-strewn terrain. Unparalleled in the area for its scope, self-sufficiency, security, and superior construction and finishes, it features four distinct residences, spa and fitness facilities, a chicken coop, a greenhouse, a resort-caliber swimming pool and spa, a veritable outdoor cinema, and numerous o

Construction 92

Construction 92

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

Realtor.com

NOVEMBER 22, 2022

Getty Images If you own an abundance of appliances and tech gadgets, chances are you can’t live without power strips and extension cords. They allow you to power multiple electrical devices at once and can be neatly tucked out of sight. But magical as they are, power strips and extension cords can hold only so much. If you overload them, you can run the risk of their overheating or even catching fire.

Design 94

Design As-is 94

Realty Biz

NOVEMBER 22, 2022

Buying a home is a huge accomplishment but in today’s market, you don’t always get the home that you dreamed of. You may need to make some changes and upgrades after achieving the initial purchase. Two or four years down the road might be when you look into a cash-out refinance. After saving for years for the down payment, it can be difficult to keep saving to make improvements to the house you were finally able to buy.

Mortgages 90

Mortgages Debt-to-income ratio Loans Equity 90

Realtor.com

NOVEMBER 22, 2022

Realtor.com The fulfillment of one family’s dream is now the most expensive home for sale in Ohio. The sprawling estate—known as Ravencrest , in Hunting Valley —is on the market for $15 million. “It’s 153 acres in the most coveted section of Northeast Ohio, so to be able to buy a piece of land like this is really extraordinary,” says listing agent Adam Kaufman , with Howard Hanna. “On top of that, the house itself is just unbelievable,”.

Land 85

Land Agents Design Staging 85

Realty Biz

NOVEMBER 22, 2022

When it comes to real estate ads, it's important to keep up with the latest trends in marketing and to make sure your ads are reaching the right audience. A well-written real estate ad that includes the right information can go a long way toward landing potential clients while minimizing wasted time and money on ineffective campaigns. Whether you're an experienced real estate agent or just starting out, this guide will walk you through creating an effective real estate ads campaign.

Agents 79

Agents Renovation New Construction Branding 79

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

Realtor.com

NOVEMBER 22, 2022

Getty Images / Realtor.com That was fast. A-list celebrity couple Sophie Turner and Joe Jonas just listed their Miami waterfront estate for $16,995,000—after purchasing it a little more than a year ago for $11 million. The duo reportedly moved into the 10,416-square-foot home with their two children before deciding to sell—and after remodeling it. The “Game of Thrones” actress and her popster husband hired interior designer Sarah Ivory to redesign the deluxe digs, according to a Wal

Agents 75

Agents Design Marketing As-is 75

RISMedia

NOVEMBER 22, 2022

By Hannah Whittenly Finding the best roofing contractor for your needs can be a daunting task. There are so many types of materials and shingles that you may need help figuring out where to start. It can be difficult to decipher which contractor will give you the best quality materials, service, and price for your […]. The post What to Look for When Searching for a Roofing Contractor appeared first on RISMedia's Housecall.

Industrial 99

Industrial 99

Bigger Pockets

NOVEMBER 22, 2022

The beautiful thing about building wealth is there’s not just one way to reach your financial goals. This is where your creativity and ambition come into play. Today’s guest, Daniel Schiermeyer, built his residential portfolio and then leveraged […].

Residential 76

Residential 76

Brownstoner

NOVEMBER 22, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Downtown Brooklyn, Ditmas Park, Prospect Heights and Windsor Terrace. How did they fare? While not huge, this one-bedroom loft in an early 20th century Downtown Brooklyn commercial building has high ceilings and… Read More > The post Brooklyn Real Estate Listings Six Months Later: One Sold, Three off the Market appeared first on Brownstoner.

Marketing 75

Marketing Commercial 75

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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

Realtor.com

NOVEMBER 22, 2022

Realtor.com Historic Spanish style meets modern luxury at a remodeled estate known as The Spanish Castle , in St. Petersburg, FL. On the market for $3,326,000, the four-bedroom home sits on almost an acre—just blocks from the water. “This property is located in a metro area. But because of the size of the property and the fact that it’s surrounded by walls, you have a real sense of peace and serenity,” says listing agent Glen Richardson , of Smith & Associates Real Estate.

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Renovation Marketing Agents As-is 67

Brownstoner

NOVEMBER 22, 2022

A spacious one-bedroom on the fifth floor of a six-story elevator building in Prospect Heights was recently renovated to make the most of the apartment's charming prewar features. The winding layout includes a large foyer, dressing room and dining area with built-in banquette. Described as neo-Classical in an early brochure and… Read More > The post Giant Prospect Heights Prewar One-Bedroom With Banquette, Dressing Room, Foyer Asks $995K appeared first on Brownstoner.

Renovation 72

Renovation 72

RISMedia

NOVEMBER 22, 2022

By Anica Oaks Selling a home is easy, but maximizing your profit is hard. The key to selling strategy in real estate is to invest in improvements that improve the property's value for a relatively low cost. Sometimes this value translates directly into a higher sales price or as a way to sell it faster […]. The post 3 Updates to Complete Before Placing Your Home on the Market appeared first on RISMedia's Housecall.

Marketing 93

Marketing Sales As-is Industrial 93

Brownstoner

NOVEMBER 22, 2022

Commissioners on the city’s Landmark Preservation Commission unanimously voted to landmark the Park Slope headquarters of the Lesbian Herstory Archives in a public meeting today. The vote followed an October 25 public hearing where six people testified in support of landmarking the building at 484 14th Street due to its cultural… Read More > The post Brooklyn Gets First LGBTQ+ Landmark With Designation of Lesbian Herstory Archives appeared first on Brownstoner.

Design 70

Design 70

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