Housing Wire

SEPTEMBER 15, 2020

Fannie Mae , the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 trillion. The dollar-volume record will be boosted by $2.4 trillion in refinancings, the highest level since 2003 and more than double the level seen in 2019, the mortgage giant said in a forecast on Tuesday. “We continue to believe that a low-rate environment will support refinance demand over the forecast horizon,” Fannie Mae said in the forecast.

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Keeping Current Matters

SEPTEMBER 15, 2020

How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That’s a long time to time to be in one place, considering the average length of time homeowners used to stay put hovered closer to 6 years.

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Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Register for the FinLedger Daily Newsletter. The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans.

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BubbleInfo

SEPTEMBER 15, 2020

The 2021 selling season should be the craziest market in the history of the world. My theory: The covid-19 pandemic has jumbled the usual timing of the elective movers, and we are experiencing a not-natural compression of reasons to move. We will have our Big Three (death, divorce, and job transfer) causing their usual sales. […]. The post 2021 = Market Compression appeared first on bubbleinfo.com.

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Housing Wire

SEPTEMBER 15, 2020

Last spring, the housing industry was forced to pivot its traditionally in-person processes and harness available technology resources amid the spread of COVID-19. Now, the industry will need to take a step back to figure out which fintech solutions can provide long-term solutions, according to Andy Crisenbery , Black Knight Senior Vice President of eLending Solutions and 2019 HousingWire Tech Trendsetter.

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Better Dwelling

SEPTEMBER 15, 2020

Canadian immigration numbers have resumed massive drops, after briefly showing improvement in June. Government of Canada (GoC) data shows permanent resident arrivals made big declines in July. The previous month had briefly seen the declines shrink in size, providing optimism to real estate markets. However, the month proved to be an anomaly, with the latest […].

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Realtor.com

SEPTEMBER 15, 2020

Westend61/Getty Images Fact: Not all homeowners insurance policies are created equal. When it comes time to file a claim, many homeowners find that their policy covers only certain types of damage. “As a homeowner, you should thoroughly read your policy before you need it. Review your declarations page in order to fully understand what your policy covers and what your deductible will be for various types of losses,” says Raymond Plante , vice president of account services at Rainbow

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Housing Wire

SEPTEMBER 15, 2020

Residential sell and lease-back company EasyKnock has added another product to its portfolio. ReLEASE provides homeowners with the option to sell their home and rent it back from EasyKnock as long as they would like, the company said. “We’re launching this product today because Americans need options now,” EasyKnock CEO Jarred Kessler said in a statement.

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Eye on Housing

SEPTEMBER 15, 2020

Over the first seven months of 2020, total single-family permits issued year-to-date (YTD) nationwide reached 525,623. On a year-over-year (YoY) basis, this is an 5.8% increase over the July 2019 level of 496,726. Year-to-date ending in July, single-family permits across the four regions ranged from an increase of 8.6% in the South to a decline of 1.7% in the Northeast.

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Housing Wire

SEPTEMBER 15, 2020

In early March, as everyone started to prepare for a virus that they knew so little about, the Veterans United Foundation’s Erik Morse was working with other leaders in the community on what would eventually become the beginning strategy for how Central Missouri would battle the COVID-19 pandemic. As board president for the Veterans United Foundation, the nonprofit charitable organization created and driven by the employees of Veterans United Home Loans, Morse found himself in conversation

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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.

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RIS Media

SEPTEMBER 15, 2020

(TNS)—One day Jimmy Love of Wichita Falls, Texas, received a phone call that his grandson was in trouble. He didn’t think twice about sending $9,000 to help but soon realized he had been swindled. “I thought my grandson was really in trouble,” Love, 81, says. “(The caller) said he had a car wreck, hit a lady, broke his nose, was in jail and needed money to get out.” He was the victim of what’s called a grandparent scam, one of dozens of schemes that prey on pe

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Housing Wire

SEPTEMBER 15, 2020

For the first time since the pandemic began making an impact on the real estate industry, Redfin ’s iBuying solution RedfinNow is now available in a brand new market – Palm Springs, California. Palm Springs is a “natural place” for RedfinNow to expand given the business’ growth in other Southern California markets and the age and type of homes in the area, according to Orlando Jimenez-Ford, regional manager for RedfinNow in Southern California. “Palm Springs is a popular second home

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Afford Anything

SEPTEMBER 15, 2020

It’s September! I’m on round two of what I’ve dubbed my September Sabbatical, otherwise known as my yearly time to take a one-month recess from podcast production. Throughout September, we’re airing some of the most insightful, inspiring interviews from the archives. You’ll hear from experts discussing topics like habits, happiness, focus, digital minimalism, classic financial lessons and easy-to-make financial mistakes.

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Housing Wire

SEPTEMBER 15, 2020

iBuying platform Opendoor said it will merge with Social Capital Hedosophia Holdings Corp. II. to become a public company using the special purchase acquisition company in a deal that values Opendoor at $4.8 billion and provides it with up to $1 billion in cash proceeds. The transaction announced on Tuesday is also supported by a $600 million so-called private investment in public equity, or PIPE, at $10 per share, with $200 million from entities affiliated with Social Capital, including $100 mi

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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.

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Realtor.com

SEPTEMBER 15, 2020

realtor.com, Nathan Congleton/NBCU/Getty Shaquille O’Neal’s sprawling, 31,000-square-foot mansion in Windermere, FL, is unlike any other home in the country. However, the tropical estate—known as Shaq-apulco, thanks to its resortlike waterfront setting—has not been an easy sell. The big man put the 12-bedroom estate on the market a couple of years ago for $28 million and has relisted it at lower prices ever since.

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Housing Wire

SEPTEMBER 15, 2020

Real estate services and technology firm SitusAMC just acquired the parent company of compliance technology provider ComplianceEase , the latest in a series of mergers and acquisitions that are shaking up the mortgage tech space in the last year. ComplianceEase will operate as a wholly owned subsidiary of SitusAMC with no planned changes to existing staff or operations, SitusAMC said in a news release on Tuesday.

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Realty Biz

SEPTEMBER 15, 2020

Inside Real Estate’s CEO Ned Stringham. The real estate world was turned on its end by emerging technologies in of the last decade. The digital revolution forced real estate agents to radically change their strategies and businesses accordingly. Today, another paradigm shift is taking place because of the coronavirus pandemic effects on the economy, and on the ways people are reacting as well.

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Housing Wire

SEPTEMBER 15, 2020

Mortgage tech firm Docutech became First American Docutech on Tuesday as First American , one of the biggest U.S. title insurance companies, completed the rebranding of the company it agreed to purchase for $350 million in February. For First American, the acquisition expands its suite of digital products as the industry moves toward a paperless mortgage , an idea that has been talked about for more than two decades but has not yet been offered as a mainstream option.

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Title Technology Loans Mortgages 307

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

First Team Real Estate

SEPTEMBER 15, 2020

With homeowners spending more time at home than ever before because of the coronavirus pandemic, it’s no surprise that people are focusing their time and effort on home improvement projects. In fact, according to a study from Porch.com , 76% of homeowners in the U.S. have carried out at least one home project since the start of the pandemic. And even more (78%) plan to undertake at least one home improvement project in the next 12 months.

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RIS Media

SEPTEMBER 15, 2020

When I entered the real estate industry, I saw a gap widening between the commission split a traditional brokerage charged their agent on each sale and the value that agent received compared to what that agent could now get on their own in this new technology-driven era. I recognized that there was a real value to affiliating with a large brokerage, but I did not and do not believe that value is worth 30 percent or even 20 percent of the agent’s commission.

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The American Genius for Real Estate

SEPTEMBER 15, 2020

(MARKETING) Narakeet is a new software presentation tool that uses AI to simplify adding narration, subtitles, and more in your presentations. The post This AI tool turns your powerpoint into a narrated presentation appeared first on The American Genius Real Estate.

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Marketing 103

The Mortgage Report

SEPTEMBER 15, 2020

Today’s mortgage and refinance rates Average mortgage rates yesterday inched up by the smallest measurable amount. But they’re still comfortably close to the all-time low. And conventional loans today start […].

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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

Sotheby's International Real Estate

SEPTEMBER 15, 2020

An aura of timeless refinement and glamour fills this marvelous estate in Beverly Hills. Hidden at the end of a private gated drive, the unparalleled three-acre retreat comprises a four-bedroom main residence, a two-bedroom guesthouse, a conservatory, a championship tennis court, an entertainer’s lounge, a pool and pool house, and spectacularly vibrant and colorful park-like grounds—all with views of the city skyline, the canyon, and the majestic Pacific Ocean.

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Realty Biz

SEPTEMBER 15, 2020

Realtor.com said in its latest Weekly Recovery Report that the housing market is still outperforming historical standards, with average home prices rising to new highs and homes selling faster. Danielle Hale, chief economist at Realtor.com, said sellers continue to call the shots in the housing market today, with new inventory vanishing almost as soon as it appears on the market.

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Marketing Mortgages As-is 98

Point2Homes

SEPTEMBER 15, 2020

Image: Stock-Asso / Shutterstock.com. A successful renovation project requires a good amount of planning and flexibility. But besides that, there are some things that you really should decide on early. This will ensure the project runs smoothly and prevents you having to make rushed, last-minute decisions that you end up regretting. Scale. Will you just freshen up the walls with a coat of paint, or are you going for structural changes?

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Waterfront Properties

SEPTEMBER 15, 2020

One of the most popular and favorite foods in the world is a hamburger. The first hamburger and sandwich invention in America is believed to come from Louis’ Lunch in New Haven, Connecticut in 1900. The sandwich was made as a fast and simple on the go meal. Now the sandwich is one of the most popular and loved foods around the world. Many have their favorite burgers around town but here is a list of just some of the best burgers in Palm Beach County.

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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

SEPTEMBER 15, 2020

In the year 1690, the Massachusetts Bay Colony issued its first paper money, the first, in fact, in North America. Possibly, someone used a bunch of those crisp, new bills to build themselves a house in Wareham, MA. Today, a home that was built in that year is the first on our list of the 10 oldest homes to hit the market this week. For those who enjoy antiquing, perusing listings of vintage homes is the ultimate in window shopping.

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Waterfront Properties

SEPTEMBER 15, 2020

This September, several restaurants along PGA Boulevard in Palm Beach Gardens are offering special dining deals and specials for the entire month. The month-long event is called Savor September and the menu offer three-course meals for a certain price depending on each restaurant. The idea was formed when the popular Favor Palm Beach dining event was cancelled this year and restaurants around the area wanted to give diners the opportunity to dine at their restaurants with special dining deals an

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The Mortgage Report

SEPTEMBER 15, 2020

Does it matter who your mortgage servicing company is? Learn what mortgage loan servicers do and when you'll interact with yours.

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RISMedia

SEPTEMBER 15, 2020

By Anita Ginsburg Just when you think it's going to be the best day ever, you're stopped dead in your tracks. You need to use your sink, toilet or shower but you notice that something isn't right. There is a horrible odor, and it won't drain. Related: Is It Time to Call a Plumber? Be […]. The post Homeowner Tips: Why Plumbers Prefer Hydro Jetting Over Using Chemicals appeared first on RISMedia's Housecall.

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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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