How Remote Work Expands Your Homebuying Horizons
Keeping Current Matters
JULY 13, 2023
Even as some companies transition back into the office, remote work remains a popular choice for many professionals.
Keeping Current Matters
JULY 13, 2023
Even as some companies transition back into the office, remote work remains a popular choice for many professionals.
Housing Wire
JULY 13, 2023
Non-qualified mortgage (non-QM) lender NewFi Lending has launched a correspondent lending channel at a time when originators are fighting to grab production volume. “Non-QM product offerings are critical to any mortgage bankers’ offerings in today’s market. Newfi is leading the way in terms of innovation and service for these originations,” Dan Bayer, SVP of non-QM development and strategy, said in a statement.
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Real Estate News
JULY 13, 2023
Prefab homes don't have the sexiest reputation, but modern styles mimic traditional homes — and could make homeownership more attainable.
Housing Wire
JULY 13, 2023
Mortgage rates continued rising for the third consecutive week, increasing to 6.96%, the highest level since November 2022. The uptick in mortgage rates came amid positive inflation news – the consumer price index rate showed cooling prices in June, rising just 3.0% from a year ago, the smallest annual increase since March 2021. However, it is unlikely to be enough to prevent an additional rate hike at the next Federal Open Markets Committee meeting on July 25-26.
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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.
Real Estate News
JULY 13, 2023
Mortgage rates jumped for the third week in a row and are hovering near 7%, but lower-than-expected inflation could mean the economy is normalizing.
Housing Wire
JULY 13, 2023
CoreLogic , a provider of real estate data, analytics, and solutions, unveiled this week an upgrade to its CoreLogic Discovery Platform, offering users streamlined access to data-driven business analysis. The recent enhancement introduces pre-designed solutions tailored to assist mortgage lenders in transforming data into valuable insights. With this update, users can make faster decisions and achieve improved business outcomes, gaining immediate access to actionable insights. “Discovery P
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JULY 13, 2023
New York City-based title insurance agency Kensington Vanguard National Land Services, LLC. is the latest title firm to come under fire from New York Attorney General Letitia James for business practices that “reduce competition and negatively impact wages and opportunities for workers,” according to an announcement on Wednesday. An investigation by James’ office found that Kensington had entered into illegal no-poach agreements with several of its title underwriters, who also independently sell
Inman
JULY 13, 2023
Find out how this Florida broker learned that getting your license is the easiest part of the real estate business.
Housing Wire
JULY 13, 2023
Argyle , a rising player in the digital income and employment verification industry, announced the appointment of Anaid Chacón as its new senior vice president of product. Chacón brings with her over a decade of leadership experience in product management and technology to her new role. At her new company, her primary goal will be to optimize the utilization and adoption of Argyle’s products across various sectors, including mortgage, lending, banking, and background checks.
Inman
JULY 13, 2023
It doesn't matter that there are fewer buyers to compete against. Rising mortgage rates and depleted inventory continue to erode options.
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.
Housing Wire
JULY 13, 2023
AG Mortgage Investment Trust, Inc. entered into a dispute with Terra Property Trust, Inc. for Western Asset Mortgage Capital Corp., the company announced on Thursday. AG Mortgage, a pure-play residential mortgage REIT controlled by Angelo Gordon & Co. and owner of mortgage lender ARC Home , made a stock-and-cash offer for its peer Western Asset, managed by Franklin Resources, Inc.
Inman
JULY 13, 2023
The power of the HOA may be over in some areas where personal preference and environmental concerns are ruling the day.
Housing Wire
JULY 13, 2023
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2023 HW Vanguards are open until, July 28, 2023. Click here to nominate someone from your organization, today. Each year, HousingWire’s prestigious Vanguard award recognizes the c-suite leaders in housing who are making an impact on the industry at large.
Inman
JULY 13, 2023
Most borrowers who have granted their mortgage lenders permission to verify their income and employment won't have to confirm the request a second time with their employer's payroll provider.
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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.
Housing Wire
JULY 13, 2023
The U.S. rental market has been slowing for more than a year, but the median asking rent is still not far off record highs, according to a new report from Redfin. The median asking rent hit $2,029 in June, up from $1,995 in May, the listings platform and brokerage said Wednesday. The median asking rent was $2,019 in June 2022 and $2,053 in August 2022, which was recorded as the all-time high.
Inman
JULY 13, 2023
Smart cities have the potential to fundamentally change our lives. This potential will only continue to develop and create a brighter future for all.
Housing Wire
JULY 13, 2023
Utah-based multifamily operating system provider Entrata announced on Thursday that it will acquire resident rent reporting and financial resources provider Rent Dynamics. The terms of the deal were not disclosed. Rent Dynamics’ product offering promotes economic inclusion and financial health for residents. Entrata’s acquisition includes 100% of the company’s equity, and the deal will make it possible “to provide residents with increased access to financial tools designed to impact their
Inman
JULY 13, 2023
Technology company Entrata, which builds an end-to-end business solution for the multifamily sector, has acquired industry colleague Rent Dynamics in an all-cash nine-figure deal, according to Entrata.
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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.
Housing Wire
JULY 13, 2023
The U.S. rental market has been slowing for more than a year, but the median asking rent is still not far off record highs, according to a new report from Redfin. The median asking rent hit $2,029 in June, up from $1,995 in May, the listings platform and brokerage said Wednesday. The median asking rent was $2,019 in June 2022 and $2,053 in August 2022, which was recorded as the all-time high.
Inman
JULY 13, 2023
With Fannie and Freddie leading the charge, a growing number of lenders are using special purpose credit programs to boost homeownership in underserved communities.
Brownstoner
JULY 13, 2023
Got a project to propose for The Insider? Contact Cara at caramia447 [at] gmail [dot] com The top floor of a two-unit limestone townhouse, home to a young family of three, badly needed reinvention. "It had a strange, maze-like floor plan," recalled architect Andrea Fisk of Shapeless Studio, which took on the task… Read More > The post The Insider: Prospect Lefferts Gardens Unit Set Apart by Unusual Shapes, Colors, Materials appeared first on Brownstoner.
Inman
JULY 13, 2023
Consulting firm McKinsey & Company has found that pandemic-induced hybrid work is here to stay, for better or worse, ensuring permanent consequences for real estate agents in larger cities.
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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.
Brownstoner
JULY 13, 2023
Two new single-family homes in differing styles set to rise on the corner of Clifton Place and Grand Avenue in Clinton Hill have largely got the support of the Landmarks Preservation Commission. Architect Nikolai Katz presented the plans for the two houses to go up on the same undeveloped corner lot… Read More > The post Houses — One Modern, One Traditional — Planned for Clinton Hill Need Tweaking, Landmarks Says appeared first on Brownstoner.
Inman
JULY 13, 2023
There's a desperate need for more housing inventory in the country, but Dr. Lee Davenport points out that developers must still follow the rules and respect the rights of others.
RIS Media
JULY 13, 2023
It’s no secret the current state of the market has made homebuying a real challenge for most. High prices, high mortgage rates, and low supply have put a lot of strain on potential buyers. With these challenges, where should homebuyers look to buy, and where should they avoid? SmartAsset’s new report examined housing price growth… The post The Most and Least Expensive Housing Markets appeared first on RISMedia.
Bigger Pockets
JULY 13, 2023
Want to cut your electric bill in HALF? A few secret yet simple hacks can save you hundreds, if not THOUSANDS, on your utility bills.
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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.
RIS Media
JULY 13, 2023
There is no disputing the fact that we live in a fast-paced, ever-changing digital world today. Whether you love it or hate it, you cannot escape it. Equally important is acknowledging, as has been repeatedly noted, that a picture can be worth a thousand words. Translated to today’s language, it means that showing is better… The post 6 Social Media Tips for Luxury Real Estate Professionals appeared first on RISMedia.
Brownstoner
JULY 13, 2023
This duplex for rent on the top two floors of a Clinton Hill brownstone has quite a bit to recommend it, including vintage charm, a bathroom on each floor, and plenty of space. If there's a drawback, apart from the climb on the stairs, it might be that the top… Read More > The post Clinton Hill Brownstone Apartment With Two Bathrooms Asks $4,250 a Month appeared first on Brownstoner.
RIS Media
JULY 13, 2023
Amid recent headlines of high-profile retirements and leadership shake-ups in the industry, Keller Williams is welcoming one of its former leaders back into the fold—albeit in a new capacity—and laying a previous legal conflict that spawned over a year ago to rest. Keller Williams, the Texas-based real estate franchisor and world’s largest residential real estate… The post Former Keller Williams CEO Returns to Company After Legal Drama Ends appeared first on RISMedia.
Brownstoner
JULY 13, 2023
In the News Almost $80 Billion Needed for Repairs to New York City’s Public Housing [NYT] New Storm Sewer System in Gowanus Set to Reduce Street Flooding [Eagle] Carroll Gardens Library to Close for Two Years for Renovations [Eagle] Nine Artists to Transform Steel Barriers at Brooklyn Bridge Park [BP] New 33,000-Square-Foot Lidl Coming to… Read More > The post Daily Links: Brooklyn Library Covered in Jay-Z Lyrics for Rumored Exhibition on Bed Stuy Rapper appeared first on Brownstoner.
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