Wed.Dec 08, 2021

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Struggling To Find a Home To Buy? New Construction May Be an Option.

Keeping Current Matters

There’s no question that the financial benefits of selling a house are outstanding today. Now is truly a great time to list if you’re ready to make a change. But if you do sell your house right now, you may be wondering where you’ll go when you move. With so few homes available to buy right now, you might be considering building a new home as one of your options.

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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. 2 million , we could be at risk of housing inventory falling to such low levels that I would have to categorize this housing market as unhealthy. 2020 and 2021 easily each have over 6.2 million new and existing home sales combined.

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Making History: A Community Writing Project Brings Together a Brooklyn Neighborhood

Brownstoner

Browsing Greenlight Bookstore on Flatbush Avenue in Prospect Lefferts Gardens not far from Prospect Park, you may happen upon a remarkable journal of memoir, oral history and photography by and about locals and the neighborhood, “Voices of Lefferts.” The community writing, photography and history project documents the “life of the… Read More > The post Making History: A Community Writing Project Brings Together a Brooklyn Neighborhood appeared first on Brownstoner.

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Mortgage applications are up, on the strength of FHA refis

Housing Wire

Mortgage applications increased 2% for the week ending Dec. 3, driven by a surge in government refinancings according to the Mortgage Bankers Association (MBA) survey published on Wednesday. The increase was mainly driven by the refinance index up 9% from the previous week on a seasonally adjusted basis. Concurrently, the purchase index decreased 5% from the week prior.

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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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‘Call the Closer’ Reveals One Bathroom Upgrade You’ll Warm Up to This Winter

Realtor.com

HGTV On “Call the Closer,” real estate agent Lauren Risley knows that the trick to loving a home you buy often boils down to renovating it to your tastes. And on the latest episode, she focuses on one area of the home that nearly all buyers hope is top-notch: the master suite. In the Season 1 episode “The First Timers,” Risley meets Dan and Nicole , parents of two who buy a gorgeous St.

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Better.com’s CEO apologizes, but the fallout continues

Housing Wire

Vishal Garg, CEO of Better.com. In the span of three minutes, 900 Better.com employees were fired via Zoom by the company’s CEO Vishal Garg last week. “If you’re on this call, you are part of the unlucky group,” Garg said nonchalantly in a video that was leaked to the internet. “Your employment is terminated effective immediately.”. A day after the layoffs, the CEO publicly claimed that the company’s former employees were “stealing” from the company and its customers by being unproductive.

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Pension fund withdraws insider trading lawsuit against Dan Gilbert

Housing Wire

A pension fund in Detroit has withdrawn a lawsuit filed only two weeks ago that accused Rocket Companies Chairman Dan Gilbert of insider trading. On Wednesday, the Police and Fire Retirement System of the City of Detroit said that the lawsuit was filed due to a “miscommunication” with a third-party law firm. “The firm was authorized to review the case and do fact-finding but not authorized to file a lawsuit,” the pension fund said in a statement.

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Construction Job Openings Surge

Eye on Housing

The labor market continues to tighten, especially for the construction industry. The count of open construction jobs increased to 410,000 unfilled positions in October, the highest measure in the history of the data series (going back to late 2000). The housing market remains underbuilt and requires additional labor, lots and lumber and building materials to add inventory.

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December 2021 Demo Day: NTC

Housing Wire

PerfectDocs. PerfectDocs, created by NTC, is the first complete web-based solution that provides both NTC and client users a “share the work” solution. This solution enables the creation and tracking necessary to complete lien release and assignment documents, review, execute, notarize those documents and send those documents to counties for recordation.

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Renting with Pets: Pet Rent, Pet Fees & Pet Deposits Explained

Point2Homes

Image: Prystai / Shutterstock.com. Many tenants are pet owners, especially in recent years, in which pet ownership has skyrocketed due to the pandemic. However, the rules regarding pets can sometimes be difficult for both landlords and tenants to grasp. In this quick guide, we’ll cover the basics for both parties involved and clear up some of the confusion regarding pet rent, pet fees and pet deposits.

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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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December 2021 Demo Day: Sagent

Housing Wire

CARE. Sagent’s CARE consumer platform links a bank-on-your-phone experience for borrowers with seamless human care from servicers. With CARE, Sagent brings the same modern experience borrowers get in the origination space to servicing, where lifetime customer relationships are managed and grown. Product Fast Facts. #1. 84% of servicers on Sagent said they can service more loans with Sagent than another platform. #2. 82% of servicers on Sagent believe Sagent’s truly real-time data (the only major

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All the Best Cold-Weather Plants You Can Still Get In the Ground

Realtor.com

Photos via Instagram by farmingwithfaith / waysidegardens / mostardinursery Don’t let the early sunsets and chilly temperatures fool you—the gardening season isn’t quite over yet. That’s what I keep telling myself when I stare down at the plethora of plants I’ve yet to put in the ground. Because despite the Christmas music blasting in all the stores, winter doesn’t officially start until Dec. 21.

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December 2021 Demo Day: Clear Capital

Housing Wire

ClearCollateral ® Review. ClearCollateral Review is a review system that automates collateral underwriting in compliance with internal credit policies and GSE guidelines. The system centralizes all analytical tools and data required to review an appraisal and leverages machine learning to eliminate manual tasks, improving review quality and reducing the review effort by 50%.

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6 Irresistible Instagram-Inspired Holiday Decor Looks That Will Make You Want To Start Decorating Right Now

Realtor.com

Photos via Instagram by jpipermenell / simplysoutherncottage / reserve_home For some people, decorating for the holidays is a no-brainer—it’s simply the thing you do after Thanksgiving. But for the rest of us? It can be hard to muster the motivation and harder still to know where to even begin with such an overwhelming task. So let us give you a motivational helping hand.

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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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December 2021 Demo Day: Freddie Mac

Housing Wire

Resolve. An integrated default management platform that delivers real-time workout decisions to Servicers. The tool provides a user interface and direct connection via API technology. Automation and a rules-based decision engine enable less data entry and rep and warrant relief to help determine proper loss mitigation as well as transparent reporting.

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Inside Julia Child’s Former House—and Kitchen—and How Much It’s Worth Today

Realtor.com

Getty Images / Realtor.com What’s cooking, you say? Fans of Julia Child are no doubt salivating over the news that the home where the legendary chef whipped up many of her most famous recipes is now for sale for $3.5 million. That’s a lot of clams! Child lived in this 1870 Federal-style townhome in Washington, DC, from 1948 until 1959—which means she got her start behind the stove in this very location after a several-year stay in Paris, where her husband was posted at the American E

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December 2021 Demo Day : Incenter Appraisal Management

Housing Wire

RemoteVal. RemoteVal is a powerful new remote appraisal inspection tool takes all the time and labor-saving promise of remote valuations and makes it real. Appraisers maintain full control so they can deliver USPAP compliant appraisal reports that meet their professional standards while lenders benefit from turn-times cut from weeks to days. Product Fast Facts. #1.

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A Big Bank Sent Traders A Christmas Poem About The Bank of Canada’s Inaction

Better Dwelling

No, you didn’t accidentally eat the wrong brownie from the freezer. One of Canada’s biggest banks actually sent traders a Christmas poem about the Bank of Canada (BoC) governor’s management. It turns out it’s actually a tradition at the National Bank of Canada (NBC), who really should be teaching a Masterclass on throwing shade. They’ve […]. The post A Big Bank Sent Traders A Christmas Poem About The Bank of Canada’s Inaction appeared first on Better Dwelling.

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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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December 2021 Demo Day: Avanze

Housing Wire

STACX. STACX- our in-house post-closing solution that simplifies and fast-tracks the entire process to help you move loans more confidently to the secondary market. STACX is a SaaS solution that leverages AI, OCR and ML to support mortgage lenders and servicers by creating an automated workflow solution and customized checklists that enables you to have an improved auditing process and sell more loan packages with higher accuracy at ease.

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Renovated Bed Stuy Brownstone With Plasterwork, Five Mantels Asks $1.695 Million

Brownstoner

While it comes in a petite package, this Bed Stuy two-family offers attractive details like plasterwork, moldings and mantels along with renovated kitchens and baths. The 18-foot-wide row house at 595 MacDonough Street likely dates to 1890 or 1891 when builders and owners such as J.R. Pitt and Thomas… Read More > The post Renovated Bed Stuy Brownstone With Plasterwork, Five Mantels Asks $1.695 Million appeared first on Brownstoner.

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Top 10 Coldwell Banker Stories of the Month – November 2021

Coldwell Banker

Extra, extra! Read the top 10 news items that ran in October about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – November 2021 appeared first on Coldwell Banker Blue Matter.

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How much income do I need for a $200K mortgage?

The Mortgage Report

How much income do you need for a $200K mortgage? That will depend on several personal factors. Here's how you can find the answer.

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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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New Year’s Bargains! 10 Median-Priced Homes in 2022’s Hottest Real Estate Markets

Realtor.com

Realtor.com Over the past 20 months, we’ve seen wild gyrations in the realm of real estate. One huge shift? A migration away from big, expensive cities, with remote workers and retirees alike ending up in newly minted tech hubs and burgeoning industrial centers far from crowds and congestion. But what do the next 12 months have in store? The Realtor.com® data gurus have crunched the numbers to forecast which housing markets will generate the most heat in 2022.

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Mortgage and refinance rates today, Dec. 8, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher again yesterday. And they’re creeping up to their highest level over the last month. Mortgage rates today look likely to […].

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Sandra Bullock Selling One of Her West Hollywood Condos for $4.5M

Realtor.com

Getty Images / Realtor.com The A-lister Sandra Bullock has decided to sell one of her West Hollywood condos in the Sierra Towers , the website Dirt reported. The upscale apartment is on the market for $4,495,000. Located on a high floor of the building, which is a favorite of celebrities, the apartment had last been owned by the actor Matthew Perry , star of “Friends.

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Sales-To-New-Listings Ratios Are Off The Charts!

Toronto Realty Blog

TorontoRealtyBlog. Are you tired of the stats blogs yet? Longing for some funny photos or something less serious that you can casually peruse from the cozy confines of the TTC streetcar or office toilet stall? Well, hang in there. My year-end “MLS Musings” is due Friday, and I’ll dump out everything I have left from 2021. But in the meantime, yes, we’re going to look at more stats today.

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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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Record Morganville Sale Shows Continued NYC Buyer Demand for Luxury Properties in Monmouth County, N.J.

Coldwell Banker

New York City buyers are continuing to compete heavily for luxury homes in Monmouth County. The post Record Morganville Sale Shows Continued NYC Buyer Demand for Luxury Properties in Monmouth County, N.J. appeared first on Coldwell Banker Blue Matter.

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Daily Links: NYS Property Owners Hurt by Pandemic Eligible to Apply for Assistance Fund

Brownstoner

In the News Basking in a Vegan Caribbean at Aunts et Uncles in Brooklyn [NYT] Homeowners Eligible for $539 Million Program Fueled by COVID Funds [NYP] Coney Island Nonprofit Seeks Artist for New 150-Foot-Long Mural [BP] Report: City Must Foster Black-and-Latino-Owned Businesses [BK Reader] Brooklyn Public Library Checks Out Its Billionth Book [Patch] Mil Mundos en… Read More > The post Daily Links: NYS Property Owners Hurt by Pandemic Eligible to Apply for Assistance Fund appeared firs

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Jim Belushi’s Luxe L.A. Mansion Sells for $30M

Realtor.com

Getty Images / Realtor.com After four years and multiple price cuts, the Los Angeles home of Jim Belushi , the actor turned cannabis farmer, has sold for $30 million, the website Dirt reported. The star of “According to Jim,” who has since decamped to an Oregon farm, had first publicly placed the Mediterranean mansion on the market in 2017, for the high-flying amount of $38.5 million.

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Why Is Anybody Buying Mortgage Backed Securities?

Notorious ROB

This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh Monthly Subscription $ 20 Monthly Subscribe Now Annual Subscription $ 200 Annually (Save $40) Subscribe Now. The post Why Is Anybody Buying Mortgage Backed Securities? appeared first on NotoriousROB.

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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.