Housing Wire
NOVEMBER 5, 2021
J.P. Morgan , through its private label conduit , J.P. Morgan Mortgage Trust , so far this year has sponsored 13 private-label securitization offerings backed by jumbo loans valued at $13.8 billion. Those offerings, current through the end of October, involved more than 14,000 jumbo mortgages, according to bond-rating agency presale reports. The data show that J.P.
Keeping Current Matters
NOVEMBER 5, 2021
Some Highlights. Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight , meaning it could sell quickly – and for more than you’d expect.
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Housing Wire
NOVEMBER 5, 2021
Instant homebuyer Opendoor has acquired “tech”-focused mortgage brokerage RedDoor , the companies announced Friday. The purchase comes amid questions of whether iBuying is a viable business model following Zillow’s announcement Tuesday that the company is winding down its iBuying arm. Founded in 2018 and headquartered in Sacramento, RedDoor calls itself a “digital first mortgage brokerage” that can preapprove a loan applicant “within 60 seconds,” likely what was appealing to the iBuy
Easy Agent Pro
NOVEMBER 5, 2021
The folks at EAP like to keep you updated on the social media scene and, a lot has happened since our last update. Social media tends to evolve slowly over time, but recently the evolution has quickened. It’s important for agents to understand that just because a certain platform may be popular, it may not be popular among your target audience. What good does it do you to advertise or even participate on a platform where the chances of consistently generating leads on it are dinky?
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Housing Wire
NOVEMBER 5, 2021
This session unpacks the importance of innovation in the housing industry as our panelists dwell on the possibilities of unstructured data for mortgage technology. Learn more about the future of technology as these three panelists brainstorm and highlight some of the ways their companies are taking a step forward into the future. Watch the full session below.
Sotheby's International Real Estate
NOVEMBER 5, 2021
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Hillsborough, California | Jennifer Gilson, Golden Gate Sotheby’s International Realty . ‘The ‘Western White House,’ and former home of William Randolph Hearst, is currently on the market for $25 million. Inside William Randolph Hearst’s ‘Western White House’ in California – Cottages & Gardens.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Waterfront Properties
NOVEMBER 5, 2021
Native Yoga Center located in Juno Beach is way more than a yoga studio. You could consider the Yoga center a Palm Beach County area destination. The Native Yoga Center is a place where authentic yoga classes are offered and yogis of all ages and levels are welcome. Trained and certified yoga instructors offer hands-on workshops and welcome all ages come to practice.
Housing Wire
NOVEMBER 5, 2021
Redfin CEO Glenn Kelman doesn’t believe that iBuying is going away, but he does believe that his brokerage needs to be smart in how it incorporates iBuying into its larger suite of real estate services. “Since the sustainability of this business has gotten so much attention this week, you may wonder if Redfin’s hopes to compete as an iBuyer depend on being smarter, luckier, grittier, or just more cautious,” Kelman said during the company’s third quarter earnings call on Thursday.
Brownstoner
NOVEMBER 5, 2021
Our picks for open houses to check out this weekend and Monday are found in Park Slope, Midwood and Flatbush. They range in price from $1.299 million to $2.9 million. In Park Slope, a Neo-Grec brick row house with a sharply angled bay has attractive original details as well as recent… Read More > The post A Bow-Fronted Limestone in Landmarked Flatbush and Two More to See, Starting at $1.299 Million appeared first on Brownstoner.
Housing Wire
NOVEMBER 5, 2021
This week’s HW+ member spotlight features Rich DeNicola, chief operating officer at Realogy Expansion Brands , which includes Better Homes and Gardens Real Estate and ERA. In his role, he is responsible for domestic and international business operations, financial management, franchise performance consulting, network engagement and brand growth strategy for the portfolio.
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.
Brownstoner
NOVEMBER 5, 2021
Community activists looking to bring some attention to their preservation efforts have an opportunity to get the assistance of the Historic Districts Council via its annual "Six to Celebrate" program. The initiative launched in 2011 and each year six preservation projects receive hands-on assistance from HDC on strategic planning, advocacy and… Read More > The post Get Your Neighborhood Some Preservation Assistance by Applying for HDC’s ‘Six to Celebrate’ appeared fir
Housing Wire
NOVEMBER 5, 2021
After a big leap ahead in 2020, are eClosings stalling? Panelists will look at where we are with RON legislation , where hybrid closings are proving useful and what lenders should expect over the next year. Watch the full session below. To go back to the full HousingWire Annual 2021 on-demand page, go here. Panelists: Andria Lightfoot, Chief Customer Officer, SimpleNexus Bill Burding, Executive Vice President And General Counsel, Orange Coast Title Company Sarah Wheeler, Editor In Chief, Housing
Brownstoner
NOVEMBER 5, 2021
In the News U.S. Sets January Vaccination Deadline for Big Private Employers [NYT] They Wanted a Balcony in Brooklyn on a Budget [NYT] ‘You’ Star Penn Badgley Buys $1.83 Million Park Slope Flat [NYP] New Williamsburg Mural Celebrates the Power of Saying ‘No’ [BK Reader] The Bushwick Clothier That Has Dressed Obama and ‘The Joker’… Read More > The post Daily Links: January Vaccination Deadline Set for Employees of Large Private Companies appeared first on Brownstoner.
Housing Wire
NOVEMBER 5, 2021
This year has seen an unprecedented number of cyberattacks against financial institutions, prompting Federal Reserve Chair Jerome Powell to list cybersecurity attacks as one of the gravest risks to the financial industry and the overall economy. That’s why we’ve invited cybersecurity expert Selim Aissi, former senior vice president and chief security officer at ICE Mortgage Technology (formerly Ellie Mae), to keynote our event.
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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.
Brownstoner
NOVEMBER 5, 2021
This Sunday marks the triumphant return of the New York City marathon to the streets of Brooklyn and the lesser boroughs surrounding it, bringing with it thousands of elite athletes, lots of sweat and street closures. Organizers expect roughly 33,000 participants to pound pavement across the city, starting on the… Read More > The post Here Are the Brooklyn Streets That Will Be Closed for the Return of the NYC Marathon Sunday appeared first on Brownstoner.
Housing Wire
NOVEMBER 5, 2021
The money Fannie Mae and Freddie Mac earned from the adverse market fee paid for nearly the entire cost of the agencies’ Covid relief options, according to a Federal Housing Finance Agency inspector general report. The March 2020 CARES Act was meant to blunt the impact of Covid’s economic toll on homeowners, by letting them defer mortgage payments for an initial year without penalty.
The Mortgage Report
NOVEMBER 5, 2021
There are ways to handle your mortgage during a divorce. These "divorce mortgage" options will help both parties to come to a mutually-agreeable solution.
Housing Wire
NOVEMBER 5, 2021
Following a less than stellar report in September , total 531,000 non-farm jobs were added in October, bringing the unemployment rate down to 4.6%, according to the U.S. jobs report released on Friday. Despite 10 consecutive months of net payroll gain, the U.S. economy is still more than 4 million jobs short of its pre-pandemic level. For the second month in a row the construction sector added jobs, rising by 44,000 jobs in October.
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.
Waterfront Properties
NOVEMBER 5, 2021
After a long work week, it is now time to kick back and chill. Stop by any of the West Palm Beach hotspots to have a drink and listen to live music. Check out each respective venues website for more details. Whether you’re jamming out to reggae on Monday night or gathering up your friends to discover a new band, E.R. Bradley’s is known for offering live music every night of the week.
Housing Wire
NOVEMBER 5, 2021
HW Media CEO Clayton Collins will sit down with Blend President Timothy Mayopoulos to discuss the digital mortgage landscape and the innovations that will define the next year of originations. Blend is a Silicon Valley technology company backed by Greylock Partners , Emergence Capital , Founders Fund , Andreessen Horowitz , 8VC , Lightspeed Venture Partners , and other leading venture investors.
The Mortgage Report
NOVEMBER 5, 2021
Today’s mortgage and refinance rates Average mortgage rates fell by a worthwhile amount yesterday, confounding my prediction. Once again, markets began the day signaling one thing and then changed their […].
Housing Wire
NOVEMBER 5, 2021
There are two significant issues in our industry right now — appraisal bias and origination volume. Both of these issues accelerate the importance of appraisal modernization. What is appraisal modernization? And how can it help with both of these topics? Join this session to hear how leading lenders are using the latest technology to help make an impact on fair housing, and close loans faster.
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.
The Mortgage Report
NOVEMBER 5, 2021
Is it okay to apply with two or more mortgage lenders? To make sure you get approved, or to lock in the best interest rate? There are pros and cons to this strategy.
Housing Wire
NOVEMBER 5, 2021
Knowing where borrowers are at in their home-buying journey is key to any successful mortgage lending strategy, but it’s often overlooked in the busy operations of an origination shop. This session will explore how to make it easy to keep borrowers on your radar, and in your pipeline. Watch the full session below. To go back to the full HousingWire Annual 2021 on-demand page, go here.
Eye on Housing
NOVEMBER 5, 2021
Job gains picked up in October after two consecutive months of a slowdown. Total payroll employment rose by 531,000 and the unemployment rate dropped to 4.6% in October. Construction industry employment (both residential and non-residential) totaled 7.5 million, with 44,000 construction jobs added in October. Both residential construction (+10,900) and non-residential construction (+33,000) had job gains for the month.
Housing Wire
NOVEMBER 5, 2021
The consolidation of real estate brokerage and mortgage services continues as both seek out ways to combine services to offer more to consumers. Real estate brokerages have long added core services to increase profitability. Now, mortgage firms such as Rocket and Better are adding real estate brokerage services. In this panel, we talk to real estate brokerage leaders about this evolution, competition from the mortgage side and what the industry will look like going forward.
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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.
Toronto Realty Blog
NOVEMBER 5, 2021
TorontoRealtyBlog. Did you know that attendees of the Humber Real Estate Education Program are referred to as “learners”? What’s that about? Is the word “student” not progressive enough anymore? What the hell is a “learner?” I kid you, not. A learner himself forwarded me an email last week from Humber College about the rampant cheating, er, “misconduct” that’s going on among the learners in the “college” right now.
American Lifestyle
NOVEMBER 5, 2021
The post 5 Smart Upgrades that Increase Your Home’s Appeal appeared first on American Lifestyle Magazine.
Better Dwelling
NOVEMBER 5, 2021
Canadian real estate has a rock-solid reputation with consumers but institutions are warning each other to be careful. Global credit rating agency Moody’s shared their latest Canadian mortgage market assessment. After stress testing portfolios, the agency warns mortgages are “riskier” for lenders. Big lenders are now more concentrated in BC and Ontario, where home prices […].
Realty Biz
NOVEMBER 5, 2021
There is no secret formula to achieving a perfect credit score in 30-days or less. A perfect score takes a couple of years with good spending habits, paying bills on time, and learning what the credit bureaus are looking for in a perfect borrower. One of those rules is keeping credit card balances close to 30% of your limit while continuing to periodically use the credit card.
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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