Mon.Mar 29, 2021

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Forbearance falls below 5% for the first time in a year

Housing Wire

The U.S. forbearance rate is officially below 5% for the first time in a year. Servicers’ forbearance portfolio volume fell nine basis points last week to 4.96%, according to a survey from the Mortgage Bankers Association. Since October, the percentage of portfolio loans in forbearance hovered between 5% and 6%, the longest a percentage range had held since the survey’s beginning as continuous extensions gave homeowners more time to postpone payments.

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What It Means To Be in a Sellers’ Market

Keeping Current Matters

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase. The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 2-month supply a

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Pandemic ushers in a new era of digital lending

Housing Wire

Amid this global pandemic, mortgage rates have been at historically low levels, borrower demand has increased, refis have broken records and lenders have had to shift in many instances to a remote workforce. In addition to moving to a remote workforce, most face-to-face interaction with borrowers has either not been allowed to occur, or the borrower’s willingness to meet has declined dramatically.

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8 Things you should know before investing In Real Estate

Realty Biz

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. House flipping indicates that buyers strongly believe they can earn without prior information in the real estate sector. Though the media has been at the forefront to spread real estate information, the bottom line is you need the right personality and resources to make money without engaging in long-term rental property.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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Keller Williams’ KWx announces new executive team

Housing Wire

KWx , the holding company of Keller Williams , announced on Monday several executive appointments. The announcement named Stacie Herron as KWx chief legal officer; Dave Smith as president of Keller Home Financial Services; TV Kumaresh as head of strategy planning and integration; and Paige Gorman as vice president of integration. These follow the appointment of Carl Liebert as chief executive officer in October 2020, who said Monday’s appointments provide Keller Williams agents with a R

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5 Simple Ways to Secure Your New Home

Realty Biz

Buying your first home is one of the most adult purchases you will ever make in your entire life. It is a daunting yet magical experience to have a home to finally call your own, not to mention being able to do what you like to it without having to first get permission from your landlord. The first thing you need to do after purchasing your new home is to make sure it is safe and secure before you move into it.

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Did The Canadian Property Bubble Start In 2004 Or 2016? Yes

Better Dwelling

Bears have been calling a real estate bubble in Canada for 20 years, and we’re totally wrong. That’s a comment I keep receiving, about an alleged call I made 20 years ago. First of all, I don’t think I spoke to you 20 years ago about housing. Second, if you took advice from a high […]. The post Did The Canadian Property Bubble Start In 2004 Or 2016?

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PHH hires Andy Peach to lead correspondent channel

Housing Wire

PHH Mortgage , a nonbank mortgage servicer, originator and subsidiary of Ocwen Financial Corp., named Andy Peach as the company’s senior vice president, correspondent lending on Monday. Peach will be responsible for leading PHH’s growing correspondent lending business and will report directly to George Henley, Ocwen’s chief growth officer. Prior to his recent move, Peach served as senior vice president, correspondent sales at Mr.

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What is Covered Under a Builder Warranty in New Construction Homes?

Realty Biz

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty. Some of these warranties are backed by the builder and others the builder may purchase the warranty from a third-party company for you. .

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Self-Storage Facilities: Best Companies Reviewed

Maximum Exposure Real Estate

Who Are The Best Storage Companies? Are you looking for one of the best storage facilities? If you are moving or decluttering your home, using the services of a storage facility can be very useful. It gives you somewhere to put your possessions and keep them safe. Renting a storage unit has become commonplace among […]. The post Self-Storage Facilities: Best Companies Reviewed appeared first on Massachusetts Real Estate Exposure.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Inventory Watch

BubbleInfo

We’re at the point where any of the year-over-year comparisons will be hampered by the initial shock of the pandemic in March-May of 2020. But the number of active listings was steady through March, 2020, so let’s compare the $$/sf on the list prices to see how much they’ve gone up in 12 months: NSDCC […].

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Ask Brian: Answers to Some Tough Real Estate Investing Questions

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Josie in AZ: Hi Brian, I’m 58 and have three rental houses. I’m also convinced that real estate still offers the best financial security as I enter the last phase of preparing for retirement.

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These 5 Cities Have the Most Beautiful Parks for Spring

Homes.com

If spring is your season, look no further! These cities have the most beautiful parks for vibrant spring flowers and lush greenery. Which one is YOUR favorite? The post These 5 Cities Have the Most Beautiful Parks for Spring appeared first on Homes.com.

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4 Landscaping Tips for a Peaceful Outdoor Area This Spring

RIS Media

Luxury homeowners who seek a respite from their busy, modern lives are placing more importance on a well-designed outdoor area than ever before. If you want to create a tranquil setting outside your home, here are a few tips for a true oasis in your backyard. Attract the Birds. If you want to relax to the calls of a songbird, or perhaps lure in a swarm of butterflies, it all starts with choosing the right plants.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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The Power of Influencer Marketing

Lab Coat Agents

Ever wondered why social media marketers are so obsessed with all 72.1 million millennials? This demographic represents 38% of homebuyers in the U.S.—and not to mention, these wealthy millennials are attracted to large properties! With funds derived from finances and tech-fueled new wealth creation (as well as inheritance), this generation is purchasing later in life, and they’re purchasing big!

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A Look at the Latest Luxury Living Trends: Which Ones Are Here to Stay?

RIS Media

The way that we view and value our homes has radically shifted over the last year. For luxury homeowners in particular, new priorities and preferences have quickly emerged, but it’s only fair to wonder which ones are here to stay? With this in mind, let’s take a closer look at a few of the most popular trends to recently emerge in the high-end sector. .

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Easter Activities This Week In Jupiter and Palm Beach Gardens

Waterfront Properties

From Easter Egg Hunts to religious celebrations, there is a lot of to do this Easter weekend in Palm Beach County. This Sunday, April 4th is Easter and for most the day is filled with family, candy, colorful eggs, and bright and cheerful patterns and pastels. Some of Palm Beach County’s popular attractions are hosting Easter events for kids and the entire family this week to celebrate the upcoming holiday.

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6 Easter Basket Items That Are Sweeter Than Sugar

RIS Media

While marshmallow bunnies, chocolate eggs and other sugary sweets are a tradition for the Easter bunny to leave in a basket, there are many other gifts that children can enjoy—especially that won’t rot their teeth or keep them on an all-day sugar high. From indoor toys to outdoor activities, an Easter basket is a great opportunity to introduce new hobbies and screen-free fun.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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With Swags and a Window Seat, Dahlander-Designed Bed Stuy Brownstone Asks $2.36 Million

Brownstoner

Located on a landmarked block known for elaborate townhouses, this Stuyvesant Heights brownstone was designed in 1894 by noted 19th century architect Magnus Dahlander in the Romanesque and Renaissance Revival styles. The eye-catching exterior of 260 Decatur Street has an unusual oriel window and a mix of stripes and swag… Read More > The post With Swags and a Window Seat, Dahlander-Designed Bed Stuy Brownstone Asks $2.36 Million appeared first on Brownstoner.

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4 Outdoor Features for the Wellness Enthusiast

RIS Media

Many of today’s luxury homebuyers want their next property to come with a myriad of wellness features, such as spa-like bathrooms where they can pamper themselves or a massage room where they can receive treatments. Some of the best wellness features, however, aren’t necessarily located inside the house. For those who want to immerse themselves in nature while taking care of the mind and body, here are a few exciting outdoor features to do just that.

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Address Scoop what to know Before Venturing Into House Flipping

Realty Biz

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. House flipping indicates that buyers strongly believe they can earn without prior information in the real estate sector. Though the media has been at the forefront to spread real estate information, the bottom line is you need the right personality and resources to make money without engaging in long-term rental property.

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Out of Stock: Generating Listings in a Low Inventory Market

RIS Media

Since the start of the pandemic, real estate inventory has been low, causing higher home prices, more bidding wars and increased buyer stress. However, we have seen home sales stay constant. So how do we do our part as real estate agents to help increase the inventory of homes to help generate listings in a low inventory market? First, why do we want to generate more listings?

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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 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.

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In-N-Out Heiress Lynsi Snyder Puts SoCal Mansion Back on the Market

Realtor.com

realtor.com The billionaire Lynsi Snyder , president and owner of In-N-Out Burger, has put her mansion in Bradbury, CA, on the market once again. It’s a little cheaper this time around—the enormous estate in Southern California is now available for $16.8 million. She previously entertained the idea of selling in 2017 and 2018—with an asking price of $19,799,000.

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Strategies for Reducing Stress During a Busy Work Week

RIS Media

We’ve all been there: never-ending tasks, meetings scheduled back to back and you never quite feel like there is enough time in the day to get everything done. A stressful workweek is a common occurrence for all professionals, especially in real estate. Having the right strategies to help reduce stress during a busy week is essential to staying on track and achieving all the goals you’ve set.

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Three Novel Visual Real Estate Marketing Ideas to Stand Out from the Crowd

Realty Biz

Brokers and real estate agents spare no effort to keep ahead of their competitors. Using SEO, Google local business pages, listings on niche sites and power networks like Zillow and Trulia, and employing social media creatively are common marketing tactics that help the process. But there are also more advanced strategies that will appeal to homebuyers, all while setting apart any real estate business.

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April Showers and Leaks: The Most Common Springtime Plumbing Issues

RIS Media

Spring brings warm weather, sunshine and an abundance of flowers, but it also brings about a few unique plumbing problems. While spring showers help your flowers and other plants to grow, rain can also cause plumbing issues. As the weather warms up, be on the lookout for these four springtime plumbing problems. Catching them early can save you a lot of headaches!

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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Daily Links: South Williamsburg, Dumbo Ferry Stops Will Close for Over 2 Months Starting April 5

Brownstoner

In the News It May Soon Be Easier to Sue the NYPD for Misconduct [NYT] A Passover Tradition: Making Matzo in a Borough Park Backyard [NYT] Brighton Beach Shelter Changes Service Provider After Pushback [BP] Crown Heights Grocer Sued Over Campaign to Save Supermarket [The City] Two Brooklyn Ferry Stops to Close for Months for… Read More > The post Daily Links: South Williamsburg, Dumbo Ferry Stops Will Close for Over 2 Months Starting April 5 appeared first on Brownstoner.

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How Generational Trends Have Changed in Social Media

RIS Media

There was a time when social media was more of choice than a necessity in real estate. Now, it’s crystal clear that it’s critical to sourcing leads, engaging clients and building or maintaining your brand. From Facebook and LinkedIn to YouTube and Instagram, the list of social media platforms continues to grow. Agents across different generations have embraced social media as another tool, but how they employ their digital platforms differs across the board.

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‘Home Town’ Reveals 5 Cheap Decor Tricks That Designers Adore

Realtor.com

HGTV Erin and Ben Napier of “Home Town” have designed some lovely homes in Laurel, MS. But the pressure’s on in their latest project since the property is owned by a designer—and it’s her very first house. In the episode “Design for Living,” Erin and Ben meet up with Whitney , who says she loves designing for other people but has a hard time making decisions for herself.

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Register Now: Spring Into Action With These Steps to Success

RIS Media

The name for RISMedia’s latest virtual event, “ Spring Into Action ,” co-presented by the National Association of REALTORS®, wasn’t chosen for just any reason. We want the industry’s practitioners to be able to leverage best practices and action items that they can implement in their own businesses. So don’t forget to sign up for the event, being hosted on April 8 from 11 a.m. to 5:30 p.m.

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

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.