Housing Wire
AUGUST 11, 2021
“We think it’s mainstream,” Opendoor CEO Eric Wu said of his company’s instant homebuying platform. “All the homeowners crave what we’re offering.”. “Over the long haul,” Wu added, regarding iBuying. “We think it will be the majority of transactions.”. That could be the future, but in the present iBuying is about.5% of U.S. home sales , per a Redfin report in June.
Keeping Current Matters
AUGUST 11, 2021
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens if we go all the way back to 1985? Or even 1975?
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Housing Wire
AUGUST 11, 2021
Rocket Homes has plans to start iBuying – and discount real estate. The Detroit-based company – and no. 1 mortgage lender in the U.S. by volume – fired off a 1,490-word press release Tuesday declaring its intention to “combine every aspect of home selling and buying into one simple, customizable platform.”. Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass.
Better Dwelling
AUGUST 11, 2021
Canada’s massive multi-billion dollar program to create affordable housing will only have a “limited” impact. That’s the take from the non-partisan Parliamentary Budget Officer (PBO), tasked with explaining the numbers behind policies, to lawmakers. They found the federal program is billed as a “$70+ billion plan,” but failed to find a significant impact.
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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
AUGUST 11, 2021
Mortgage applications increased 2.8% for the week ending Aug. 6, and there are signs that at least some first-time homebuyers are finding opportunities despite high home prices. Ten-year Treasury yields rose slightly at the end of last week after the July jobs report exceeded expectations. That was enough to drive mortgage rates up slightly to 3.08%, according to the latest report from the Mortgage Bankers Association.
Realty Biz
AUGUST 11, 2021
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 Kevin in KY: Hey Brian. The deck outside our back door isn’t huge but we use it a lot during the summer months. I’m not sure how old the deck is but we’ve been in our home for a little over six years and the house is 14 years old.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
The Mortgage Report
AUGUST 11, 2021
Down payment assistance can help put you in a home if you're short on cash savings. Learn about 4 kinds of down payment assistance and how they work.
Housing Wire
AUGUST 11, 2021
Tavant FinXperience Broker. Tavant’s FinXperience Broker Platform is powered by V?LOX, an AI-powered TPO lending platform, that brings Loan Originators and TPO Brokers together, providing real-time data exchange and data-driven processes to ensure a more fluid experience for brokers, boosting productivity and reducing loan cycle times. Product Fast Facts. #1.
Brownstoner
AUGUST 11, 2021
With rustic pine floors and white walls, this apartment on the top floor of a four-story brownstone appears serene and considered. Fitted white Roman shades, vintage-style pendant lighting and a row of coat hooks by the front door add to the vibe. The unit, located at 486 Willoughby Avenue, has… Read More > The post No-Fee Bed Stuy Brownstone Apartment With Farmhouse Feel, Office Asks $2,500 a Month appeared first on Brownstoner.
Housing Wire
AUGUST 11, 2021
The Consumer Financial Protection Bureau (CFPB) is fulfilling its promise to scrutinize mortgage servicers, and some servicers are riding the forbearance exit wave better than others. In a new report, which drew on data from 16 mortgage servicers from December 2020 to April 2021, the CFPB found a marked increase in the share of borrowers exiting forbearance and becoming delinquent without any loss mitigation in place.
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.
GeekEstate
AUGUST 11, 2021
[Editor’s note: Originally published as a Radar entry for members of the GEM.]. Public is a new demonstration website by CityBldr to show cities “how many additional people could be housed on all available public land within the city limits,” according to GeekWire. The data, covering 100 U.S. cities and 255 different zoning standards, “can show everything from land valuation, parcel size, current zoning, what currently is on the land, and how many people could be hous
Housing Wire
AUGUST 11, 2021
Insellerate Customer Experience Platform. Insellerate helps lenders close more loans through better borrower engagement. The mortgage industry’s most innovative Customer Experience Platform (CEP) which delivers Lead Management, Sales Enablement, Engagement, a Robust Mortgage Specific Content Library, and Data Intelligence all in one comprehensive and highly scalable platform.
Realty Biz
AUGUST 11, 2021
This past year and a half hasn’t been easy for most of us. In the tumultuous times that befell us in this time, almost every aspect of our lives has been upturned and completely restructured, leaving us scrambling to adapt at risk of being left behind. Our work lives were turned upside down, as were our personal lives. The world of real estate wasn’t left unscathed; throughout the country, local and regional real estate markets were severely affected by the pandemic and its associated repercussi
Housing Wire
AUGUST 11, 2021
Coheus. Coheus is a solution that quickly exploits the oceans of data trapped in your LOS by transforming that data into actionable intelligence. Coheus provides ‘treasure maps’ that show you how to increase profit, increase efficiency and increase productivity while reducing revenue leakage, and improving data integrity. Product Fast Facts. #1. Coheus is an easy to use point and click solution designed with the thought leadership of 300 mortgage executives. #2.
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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.
Realty Biz
AUGUST 11, 2021
The rapid spread of the coronavirus delta has led to pandemic precautions returning. They’re impacting the hot housing market too, and experts say it likely will continue to serve as the industry’s wild card over the next few months. The delta variant has led to volatile financial markets and some economic uncertainty. Recently, that has prompted mortgage rates to drop, opening another door for home buyers to snag record low mortgage rates.
Housing Wire
AUGUST 11, 2021
Capacity. Capacity is an AI-powered mortgage support automation platform that connects your entire tech stack to answer questions, automate repetitive support tasks, and build solutions to any business challenge. Capacity provides everything you need to support your borrowers, sellers, and support staff in one powerful platform. Product Fast Facts. #1.
Toronto Realty Blog
AUGUST 11, 2021
TorontoRealtyBlog. The Toronto market is kind of funny right now! Funny, like “ha-ha” or funny like “quirky,” you ask? Not so funny for those prospective tenants who keep submitting offers only to find they’re competing with six or eight other candidates, that’s for sure! And not so funny for those buyers who targeted the typically-slow August real estate market, only to find that prices have risen over the last several months and they’re right back wh
Housing Wire
AUGUST 11, 2021
Candor. Candor’s Loan Engineering System enables a 1 underwriter touch loan on 70% of loans. Get massive ROI from reduced fallout, zero repurchase risk, and improved hedge. Learn how you can move from Intent to Proceed to Approved with Conditions in 8 hours with one button click. Product Fast Facts. #1. Enables 1 underwriter touch on 70% of loans. #2.
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.
Sotheby's International Real Estate
AUGUST 11, 2021
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??. Lafayette, California | Cary Amo, Golden Gate Sotheby’s International Realty . Gated home on a ¾ acre lot with soaring redwood trees bordering the front. The formal entry flows into the dining room with a wall of glass and French doors looking out over the sparkling pool/spa and decking.
Housing Wire
AUGUST 11, 2021
Borrower Intelligence. To date, Sales Boomerang alerts have enabled lenders to close more than $30 billion in additional loan volume that would have otherwise been overlooked and achieve customer retention rates that outperform industry norms by an average of 3-5X. Join Mike Spotten, VP of Product, as he unveils the newly designed Sales Boomerang dashboard and shows the power of each alert type.
RIS Media
AUGUST 11, 2021
How an Insurance Business Utilized MoveEasy to Increase Client Conversions. MoveEasy touts itself as a platform that “allows brokers and agents to give their customers a truly personalized and pain-free moving experience, backed by powerful technology—and a human touch.” That was exactly what Rajeev Sajja was looking for as he was weighing options for his team at Berkshire Hathaway HomeServices Fox & Roach, REALTORS® – The Trident Group.
The Mortgage Report
AUGUST 11, 2021
Today’s mortgage and refinance rates Average mortgage rates moved higher again yesterday. Each recent rise has been moderate or modest. But they’re beginning to add up. Still, those rates remain […].
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
AUGUST 11, 2021
Mortgage applications increased 2.8% for the week ending Aug. 6, 2021, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The Market Composite Index, a measure of mortgage loan application volume, increased 2.8% on a seasonally adjusted basis from one week earlier. The details: – Unadjusted, the Index increased 3% compared with the previous week. – The Refinance Index increased 3% from the previous week—8% lower YoY. – The seasonal
REM Online
AUGUST 11, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: 3 ways to find new business this week. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. There are always so many options available for where you can find new business.
RIS Media
AUGUST 11, 2021
Sixty-six-year-old Michael Alderson of Anaheim, California, was shot and killed on Aug. 7 amid an alleged dispute involving siblings and their home’s sale. “Based upon the preliminary investigation, it is believed that the shooting was related to a family dispute pertaining to the upcoming sale of the residence,” Huntington Beach Police Capt.
Realtor.com
AUGUST 11, 2021
With hurricanes, heat waves, and other extreme weather disasters on the horizon, having a solid homeowners insurance policy can help. Are you prepared? The post Is Your Home (and Home Insurance) Ready for Extreme Weather? appeared first on Real Estate News & Insights | realtor.com®.
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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.
RIS Media
AUGUST 11, 2021
Commercial and multifamily mortgage bankers are expected to close $578 billion of loans backed by income-producing properties in 2021, a 31% increase from 2020’s volume of $442 billion, according to a new forecast released by the Mortgage Bankers Association (MBA). Total multifamily lending alone, which includes some loans made by small and midsize banks not captured in the overall total, is forecast to rise to $409 billion in 2021—a new record and a 13% increase from last year’s tot
Realtor.com
AUGUST 11, 2021
Country music star Kenny Chesney is strumming a goodbye tune to his estate in Franklin, TN. The Mediterranean villa is available for $14 million. The post Kenny Chesney Selling $14M Tennessee Mansion Known as Bella Luce appeared first on Real Estate News & Insights | realtor.com®.
RIS Media
AUGUST 11, 2021
(TNS)—The dog days of summer have officially arrived. But while temperatures are likely to soar higher across much of the country in the coming weeks, mortgage interest rates probably won’t. That’s good news for many buyer candidates and homeowners seeking a purchase loan or refi, of course. Mortgage rates remain near historic lows, dropping recently to their lowest levels since last winter.
RISMedia
AUGUST 11, 2021
By Anita Ginsburg Summer is here, and you may have finally decided it's time to install a pool. That's the easy part. Now you must make preparations for your pool. You can make the process go more smoothly by planning carefully and keeping the following tips in mind: Choose a Site There is more to […]. The post Thinking About Building a Pool? 4 Ways to Help the Process Go Smoothly appeared first on RISMedia's Housecall.
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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