Fri.May 20, 2022

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Fannie Mae chalks up another Credit Insurance Risk Transfer deal 

Housing Wire

Fannie Mae has executed its fifth Credit Insurance Risk Transfer (CIRT) deal of 2022, providing up to $733.3 million in mortgage-risk coverage for the private market. The transaction, CIRT 2022-5 involved a covered loan pool of 67,700 single-family mortgages with a total unpaid principal balance of about $21 billion. The loans in the pool are fixed-rate mortgages with mostly 30-year terms and loan-to-value ratios ranging from 80.1% to 97%, according to Fannie’s statement announcing the deal.

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Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents. Experts say owning a home is historically a good hedge against inflation.

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Need to sell your house fast? Here are 7 great options

Housing Wire

Sometimes you buy a house only to have to sell it sooner than you thought. Whether the property didn’t perform the way you thought it would or something else happens in your life that makes it impossible to afford the home, if you’re in a hurry to sell, you need to think outside the box. The traditional way to sell a home may take longer than you have to solve your financial issues, or you may just be in a hurry to sell and move on with your life.

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Gains for Custom Home Building

Eye on Housing

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building posted a year-over-years gain for the first quarter of 2022. There were 46,000 total custom building starts during the first quarter of the year. This marks a 28% increase from the first quarter of 2021. Over the last four quarters, custom housing.

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The 2025 Real Estate Roadmap to Success

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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An inside look at local housing markets across the country

Housing Wire

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Bluffton, South Carolina. Historically viewed as a place to drive through on the way to Savannah, Georgia or the popular vacation destination of Hilton Head, Bluff ton has really come into its own over the past 10 years.

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Mortgage and refinance rates today, May 20, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell by a worthwhile amount yesterday. And Mortgage News Daily says they’re at a three-week low. Already this morning, those rates have […].

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More Trending

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Luxury Real Estate Headlines: Third Week in May 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Malibu, California | Eric Lavey, Sotheby’s International Realty – Beverly Hills Brokerage. The dreamy three-bedroom property is a perfect beach spot, painted bright white both inside and out. Emma Stone Is Listing Her Malibu Midcentury Modern Ranch for $4.3 Million – Architectural Digest. 6 elegant homes in Vermont – The Week.

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Five things to look for when partnering with a third-party review provider

Housing Wire

The residential mortgage origination process is very complex and origination and underwriting mistakes can be very costly, so lenders need to make sure they’re mitigating every possible risk related to the borrower and property. That’s why due diligence is a critical element of every mortgage transaction. The purpose of due diligence is to protect lenders by reviewing and verifying all information provided by borrowers to eliminate fraud and other concerns.

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With Covid Cases on the Rise, Brooklyn Is Back on High Alert

Brownstoner

Brooklyn is once again on “high alert” for community spread of Covid-19, officials announced this week, with health experts strongly urging — but not requiring — folks to again don masks indoors. City Health Commissioner Ashwin Vasan officially proclaimed New York City on “high alert” on Tuesday, meaning there is “high… Read More > The post With Covid Cases on the Rise, Brooklyn Is Back on High Alert appeared first on Brownstoner.

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Have A Great Long Weekend!

Toronto Realty Blog

TorontoRealtyBlog. The post Have A Great Long Weekend! appeared first on Toronto Realty Blog.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Daily Links: City Drops Costly Consultant Plan That May Have Sparked Violence at Jails

Brownstoner

In the News The Unlikely Ascent of New York’s Compost Champion [NYT] Williamsburg Hotel Owners Moved Funds to Stay Afloat: Finance Director [WSJ] French Bakery L’Appartement 4F Opens in Brooklyn Heights [Eagle] Coney Island Supermarket Accused of Price Gouging [BK Paper] With Manhattan’s Century 21 Reopening, Will Brooklyn Be Next? [BK Reporter] The One Rule in… Read More > The post Daily Links: City Drops Costly Consultant Plan That May Have Sparked Violence at Jails appeared first on

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2022 is the Year for Social Media Immersion for Your Marketing Push

Properties Online

With more and more buyers going virtual when it comes to checking out homes for sale, social media is the key to having a successful year as a real estate agent. Building your presence on social media sites gives you a powerful way to attract the attention of prospective buyers and sellers alike. Here’s what… Read More » 2022 is the Year for Social Media Immersion for Your Marketing Push.

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Everyday Tools and Software Realtors Need to Use

Realty Biz

Real estate professionals lead busy lives, so finding better and more efficient ways to do everything you do on a daily basis is always important. Without a doubt, some of the best methods for injecting lots of more organization and effectiveness into how you do business involve leveraging many of the great software tools that are available today that are ideal for that purpose.

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Ask Jim

BubbleInfo

The Other Bob (TOB) suggested a blog post where he and others could ask questions. Let’s do it! Leave your questions in the comment section, and I’ll do my best to answer promptly. The comment section is moderated, so you will see your comment once I have a chance to review and approve. We are […].

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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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Four Turnkey Historic District Townhouses to See This Weekend, Starting at $2.195 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Park Slope, Carroll Gardens and Bed Stuy. They range in price from $2.195 million to $5.5 million. A grand brownstone on a prominent block in the Park Slope Historic District dazzles with 1890s finery and its scale. Technically… Read More > The post Four Turnkey Historic District Townhouses to See This Weekend, Starting at $2.195 Million appeared first on Brownstoner.

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365 Marine Street, La Jolla

BubbleInfo

It is a true honor to have listed for sale my favorite home of all-time! 365 Marine St., La Jolla 3 br/3.5 ba, 2,894sf YB: 2018 LP = $6,950,000 This custom contemporary was designed and carefully-crafted for over three years to be the ultimate beach house just 100 yards from the sand! The main living […].

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Should You Add Commercial Appliances to Your Home?

RISMedia

By Anica Oaks If you eye the huge oven at your favorite pizza shop with envy or long to take home one of those laundromat washers or dryers, you may want to buy a commercial appliance. To find out whether it will benefit your home and lifestyle due to growth or expansion, here are some […]. The post Should You Add Commercial Appliances to Your Home?

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What’s New in Appraisal Membership: May 2022

McKissock

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide array of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership?

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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The State of the US Real Estate Housing Market in 2022 (So Far)

Mashvisor

Investing can be a tricky business at times. That’s why it is important to keep up to date with the real estate housing market trends throughout the year.

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If a true AI takeover is on the horizon, this is what you must do to survive

The American Genius for Real Estate

(MARKETING) Quality marketers are constantly evolving, but getting your head around AI can be a challenge - let's boil it down to necessary skills. The post If a true AI takeover is on the horizon, this is what you must do to survive appeared first on The American Genius Real Estate.

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What Real Estate Data Do You Need to Analyze Investment Properties?

Mashvisor

If you’re looking to invest in a property, a proper analysis with accurate real estate data is an absolute must for investment success.

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Newly Built $32.5M Oceanfront House in La Jolla, San Diego Could Set a New Record for the Area

Fancy Pants Homes

In the hilly, seaside neighborhood of La Jolla in San Diego, a new cliffside mansion has recently hit the market. And it’s holding headlines with its ambitious asking price and endless list of customizations. Priced at $32.5 million, the custom-built house has the potential to earn a top spot in the list of San Diego’s priciest home sales — and set a new record for La Jolla.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Don’t just set and forget your succession plan – update it regularly!

The American Genius for Real Estate

(EDITORIAL) You may think that once you have a succession plan in place, you're set for life, however, it's recommended to continually update them! The post Don’t just set and forget your succession plan – update it regularly! appeared first on The American Genius Real Estate.

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Architectural Marvel

BubbleInfo

I went around with my Nikon (the one with the lousy auto-focus) to highlight as many of the fine features of our La Jolla listing that I could – there are many more!

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3 Simple Tricks To Get More Leads From Your Facebook Ads

Lab Coat Agents

Listing inventory is at an all time low. Even with rising interest rates demand is outstripping supply. As a result many home sellers are afraid of listing their home and ending up homeless. So they are starting their journey with a home search. That’s why buyer ads are turning into a great way to find and attract new home sellers. We see this all the time at StreetText.

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How Important is Flooring When Selling a House?

HomeLight

There are a million competing priorities when you’re preparing to list your home on the real estate market. For example, does your home have adequate curb appeal? Is it worth replacing the worn-out windows in your guest bedroom? How essential are appliances and countertops in the kitchen? How important is flooring? At the end of the day, your buyers may simply have different tastes than you do — and they might choose to redo the floors regardless of what investments you’ve decided to make.

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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.