Keeping Current Matters

MARCH 24, 2022

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house.

Marketing 256

Marketing 256

Housing Wire

MARCH 24, 2022

The one-two punch of higher mortgage rates and escalating home prices reduced homebuyers ’ ability to buy homes in February. The trend is also likely to worsen in the coming months. The national median monthly mortgage payment settled in loan applications increased 8.3%, from $1,526 in January to $1,653 in February, according to a survey published Thursday by the Mortgage Bankers Association.

FHA loan 512

FHA loan Fixed-rate mortgage Loan Officer Principal 512

Brownstoner

MARCH 24, 2022

In the News Vaccine Clinics Return to NYC Public Schools. Will They Work? [NYT] Greenpoint Neighbors Raise More Than $20K for Ukranian Refugees [BP] One Resident Rescued From Fast-Moving Kensington Fire [BP] NYC 'Waking Up' to Official Start of Cherry Blossom Season [Gothamist] Drinks Flow Again at Ginger’s Bar in Park Slope, a Lesbian Mainstay… Read More > The post Daily Links: Cherry Blossoms Bloom at Brooklyn Botanic Garden appeared first on Brownstoner.

116

116

Housing Wire

MARCH 24, 2022

The rollercoaster is still climbing. Mortgage rates are approaching 4.5%, a level economists forecasted would not be reached until the tail end of 2022. And there’s good reason to believe mortgage rates will be in the 5% range before too long. According to data from Freddie Mac ‘s PMMS survey, mortgage rates on the traditional 30-year fixed-rate mortgage jumped 26 basis points to 4.42% this week, with increases across all loan types.

Fixed-rate mortgage 466

Fixed-rate mortgage Mortgages Banks Loans 466

Advertisement

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.

Agents

Brownstoner

MARCH 24, 2022

A Fort Greene offshoot of the beloved Bed Stuy eatery Saraghina opened to the public Tuesday night, after some friends and family warmup over the weekend. Inspired by turn-of-the-last-century cafes in Milan, where he was born, Saraghina founder (and former creative director of fashion firm Tocca) Edoardo Mantelli promised Saraghina… Read More > The post Eagerly Awaited Saraghina Caffè Opens in Fort Greene With Raw Bar, Pizza, Dessert appeared first on Brownstoner.

98

98

Housing Wire

MARCH 24, 2022

The HousingWire award spotlight series highlights the individuals who have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Marketing Leaders award are now open through Friday, March 25, 2022. Click here to nominate someone you know — it can even be you! Consumer habits and expectations shifted dramatically as the pandemic took hold two years ago, affecting the way every industry approaches its customer experience.

Technology 400

Technology Industrial As-is Marketing 400

Housing Wire

MARCH 24, 2022

The Federal Housing Administration insured thousands of mortgages in 2020 without the mandatory flood insurance coverage. The potential loss on these loans could amount to $1.5 billion, an audit released this week by the Department of Housing and Urban Development Office of Inspector General found. According to the watchdog, at least 31,500 FHA-insured loans insured did not have the required National Flood Insurance Program coverage.

Mortgages 382

Mortgages Loans Development Closing 382

Brownstoner

MARCH 24, 2022

"Uninspired" was one of the kinder things that could be said of this 1,250-square-foot duplex when Gowanus-based architect Lynn Gaffney and her clients first laid eyes on it (for proof, see the "before" photos at the bottom of this post). The duplex, in a vintage multi-unit walkup building, had been created… Read More > The post The Insider: Stair-Centric Renovation Takes Prospect Heights Duplex From Dreary to Dramatic appeared first on Brownstoner.

Renovation 97

Renovation 97

Housing Wire

MARCH 24, 2022

Compass CEO Robert Reffkin. Back in 2018, Robert Reffkin exuded that Compass agents were literally invested in the brokerage’s success. Reffkin, the CEO and co-founder of Compass, told The Real Deal then that 1,149 of the company’s about 7,000 agents, or around 16%, returned to Compass some revenue from sales commissions in exchange for company stakes. .

Agents 375

Agents Equity Brokerage As-is 375

RIS Media

MARCH 24, 2022

Everything has changed in real estate since the pandemic—or has it? Looking at the latest of the National Association of REALTORS® (NAR) long-running “Generational Trends” annual surveys of homebuyers and sellers—the first that includes only data from the pandemic—it remains unclear just how quickly and deeply real estate has evolved, and to what degree consumer behavior or preferences were altered, as the survey reflected some known truths about the market, while providing counterpoints to othe

Agents 96

Agents As-is Closing Industrial 96

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.

Loans

Realty Biz

MARCH 24, 2022

Most people would admit that they could do with a bit of extra income, especially because of the financial impact of the pandemic. However, many people don’t know where to start or how to do this. A great way of making some extra money is to rent out your property because this can bring in extra income even though you don’t have to do much. . The downside is that not everyone has extra property that they can rent out.

Land 92

Land Commercial Residential Land lease 92

RIS Media

MARCH 24, 2022

This week, the 30-year fixed-rate mortgage average increased from 4.16% last week to 4.42% this week–the highest level its reached since January of 2019, according to Freddie Mac’s Prime Mortgage Market Survey (PMMS), released Thursday. Mortgage rates across all loan types continued to move up, as rising inflation, escalating geopolitical uncertainty and the Federal Reserve’s actions are driving rates higher and weakening consumers’ purchasing power, Freddie Mac stated.

Fixed-rate mortgage 95

Fixed-rate mortgage Mortgages Banks Loans 95

Brownstoner

MARCH 24, 2022

This quirky one-bedroom seems to be a quite early apartment, perhaps dating from the 1880s or so, if the Neo-Grec style stone mantel is anything to go by. It's on the first floor of 193 Java Street in Greenpoint. The six-unit, three-story walkup is covered in siding, but the historic… Read More > The post Greenpoint Railroad With Stone Mantel, Built-ins, Black and White Tile Asks $2,600 a Month appeared first on Brownstoner.

Marketing 94

Marketing 94

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” The 58-page report is available here , while an Executive Summary of the report is also available. Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.

Equity 91

Equity Title Lending Banks 91

Advertisement

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.

Sales

Brownstoner

MARCH 24, 2022

Residents at NYCHA’s Surfside Gardens in Coney Island have been without cooking gas and unable to cook in their own homes for seven months. “It’s terrible,” said Marcy Jackson, a resident leader at the complex. “There has been no gas since August.” Area Council Member Ari Kagan told Brooklyn Paper that he’s… Read More > The post NYCHA Residents in Coney Island Deal With Seven Months Without Gas and No Timeline for Its Return appeared first on Brownstoner.

92

92

RIS Media

MARCH 24, 2022

Photo by AJ Canaria of MoxiWorks. Dan Forsman not only inspires you to believe that the sky’s the limit, he shows you exactly how to get there. While he doesn’t mince words when it comes to the industry’s challenges, from agent burnout to attrition, the Berkshire Hathaway HomeServices Georgia Properties CEO and president infuses positivity into overcoming hurdles and provides a road map for moving forward.

Marketing 93

Marketing Branding Agents As-is 93

The Mortgage Report

MARCH 24, 2022

Today’s mortgage and refinance rates Average mortgage rates fell moderately yesterday. It was one of very few falls so far this month. And it made little difference amid a sea […].

Mortgages 87

Mortgages 87

RIS Media

MARCH 24, 2022

New data shows affordability is still the leading challenge for U.S. renters, as Americans spent 30% of their monthly budgets on rents in February on average, according to the latest realtor.com ® Monthly Rental Report released this week. In February, the U.S. median rental price hit a new high of $1,792 and soared by double-digit percentages (+17.1% year-over-year) for the seventh month in a row, the report revealed.

Mortgages 92

Mortgages As-is Marketing Sales 92

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

The Mortgage Report

MARCH 24, 2022

HUD homes are foreclosure properties. They were originally financed with FHA mortgages and may be sold at a discount to qualified buyers.

Finance 98

Finance Mortgages 98

RIS Media

MARCH 24, 2022

Weichert Real Estate Affiliates, Inc. has announced that Weichert Realtors® – 406 Properties in Victor, Montana has joined its national franchise system, becoming the first Weichert® franchised brokerage in the state. The brand now has franchised offices in 43 states across the country. Weichert, Realtors® – 406 Properties, previously known as Real Living Greater Montana, is owned and operated by Sheri Jones, who has over 30 years of experience in the real estate industry.

Marketing 89

Marketing Branding Brokerage Technology 89

Tom Ferry

MARCH 24, 2022

Everyone knows that good branding will make people take you more seriously. But truly powerful branding can alter your own psychology, making you more confident and motivated. The most important aspect of branding is consistency, and this can be daunting to have to constantly keep up with, especially once you begin expanding your business and […].

Branding 82

Branding Development Marketing Agents 82

RIS Media

MARCH 24, 2022

Howard Hanna Real Estate Services has announced its CEO, Helen Hanna Casey recently was included in the national Dress for Success “Your Hour, Her Power” campaign in support of Women’s History Month. As part of the organization’s 31 Days of Women in Power, Casey will be recognized as an influential woman leader on March 26. Throughout March, Casey’s campaign information, inspirational video and donation page is available on the Dress for Success website.

As-is 88

As-is Industrial Agents 88

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

Realty Biz

MARCH 24, 2022

When you start to think about having a family of your own, you’ll notice that your perspective changes and you begin to think about life in a different way. You’re no longer enticed by the prospect of a vibrant nightlife scene or competitive job market. You may be more inclined to look at areas with impressive schools and safe neighbourhoods instead.

As-is 80

As-is Marketing Closing 80

RIS Media

MARCH 24, 2022

Hoff. There’s good news for real estate professionals: income is on the rise. According to the 2022 – 2023 Real Estate Agent Income Guide from Real Estate Express, a brand within the Colibri Group’s Real Estate family of brands, 75% of agents and nearly three-quarters of brokers (74%) increased their earnings in 2019 – 2020. The Real Estate Express study unpacks not only individual earnings, but also what’s behind those earnings.

Development 87

Development Branding Agents Industrial 87

Sotheby's International Real Estate

MARCH 24, 2022

In so many ways, women are the driving force moving real estate forward. That’s true in the present, where the majority of agents and brokers are female—but it was also true in the past, thanks to the risk takers and change makers who charted paths and opened doors for women in the industry. Now, the real estate leaders of today are paying it forward as role models for the agents, brokers, and businesspeople of the future.

Agents 79

Agents Industrial 79

The Mortgage Report

MARCH 24, 2022

Everything you need to know as an Oklahoma first-time home buyer, including home prices, loan programs, and grants.

Loans 97

Loans Mortgages 97

Advertisement

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

BubbleInfo

MARCH 24, 2022

The NSDCC detached-home stats in the Jan 1st-to-March 15th period are remarkable: Year New Listings # of Sales Median List Price Median Sales Price Median DOM 2016 1,194 436 $1,146,450 $1,102,792 58 2017 1,040 459 $1,239,500 $1,200,000 53 2018 1,102 420 $1,327,000 $1,297,000 20 2019 1,056 430 $1,299,499 $1,282,500 29 2020 934 456 $1,467,500 $1,430,000 […].

Sales 81

Sales 81

RIS Media

MARCH 24, 2022

Commercial and multifamily mortgage delinquency rates declined in the fourth quarter of 2021, down or flat for every major investor group at the end of 2021, according to the Mortgage Bankers Association’s (MBA) latest report. MBA’s quarterly analysis includes commercial/multifamily delinquency rates among five major investor groups: commercial banks and thrifts, commercial mortgage-backed securities, life insurance companies, and Fannie Mae and Freddie Mac.

Commercial 79

Commercial Mortgages Banks Investor 79

Coldwell Banker

MARCH 24, 2022

Congratulations to all the Coldwell Banker Realty affiliated agents in the Mid-Atlantic region for their 2021 sales success! The post Coldwell Banker Mid-Atlantic Agents Shine Like No Other! appeared first on Coldwell Banker Blue Matter.

Agents 72

Agents Sales 72

BubbleInfo

MARCH 24, 2022

We are in the midst of the fastest increase in mortgage rates in history. It was only 6-8 months ago that home buyers were financing their purchase with a 30-year fixed rate in the twos. Now they are in the fours! We had the lowest rates ever due to the pandemic. They aren’t coming back. […].

Finance 72

Finance Mortgages Loans Marketing 72

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.

Sales