Housing Wire
AUGUST 31, 2021
It’s the current, not the waves, that will propel longstanding changes in the American housing market, said Logan Mohtashami , HousingWire’s lead analyst. How much housing is built and sold; who pays for those units; and how Americans ground their lives in what and where they live: these forces are rooted in societal and family culture and largely impervious to surface turmoil.
Keeping Current Matters
AUGUST 31, 2021
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the contract price on the house.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
AUGUST 31, 2021
With little inventory, home-price growth in the U.S. hit a record high in June, rising 18.6% from the same period last year, according to the S&P CoreLogic Case-Shiller Index. June marked the highest annual rate of home price growth since the index debuted in 1987, beating out the 16.8% annual growth rate logged the month prior, in May 2021. “While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper
Eye on Housing
AUGUST 31, 2021
In June, national home prices continued to rise at a fast and unsustainable rate. Strong demand and low housing inventory have been driving home prices at double-digit growths for eleven months. All 20 metro areas reported home price increases in June, while 12 of them had an acceleration in home price growth. The S&P CoreLogic Case-Shiller U.S.
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.
Housing Wire
AUGUST 31, 2021
Technology is important in digitizing the mortgage process, but what’s more important is effective coordination between all parties. Lenders need to be able to connect with borrowers, as well as other housing professionals, with ease. The problem with technology is that many people work across different systems, which can create a fragmented mortgage ecosystem.
Better Dwelling
AUGUST 31, 2021
Canadian tax authorities confirmed they knew about illicit foreign capital inflating real estate. They first found out over two decades ago, but only confirmed it to the South China Morning Post (SCMP) this week. A whistleblowing, retired auditor first told SCMP journalist Ian Young about the report in 2016. He waited half a decade for […]. The post Canada Hid A Foreign Capital & Housing Study While Dismissing Intelligence Warnings appeared first on Better Dwelling.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Better Dwelling
AUGUST 31, 2021
Canada’s faster-than-expected economic recovery just came to an unexpected halt. Statistics Canada (Stat Can) data shows gross domestic product (GDP) declined in Q2 2021. The Bank of Canada (BoC) expected robust growth this quarter, so they were way off. Weak growth now places the country in a tricky situation, with high inflation and low GDP […].
Housing Wire
AUGUST 31, 2021
For an automation solution to deliver what it promises, it needs to be built with domain expertise – not just in AI but also in the processes that it’s automating. SoftWorks AI’s Trapeze for Mortgage Automation is where mortgage and AI expertise meet. Trapeze is a purpose-built solution designed to streamline different aspects of the mortgage lifecycle, from origination to post-close review, by converting documents to data with extreme accuracy and speed.
HomeLight
AUGUST 31, 2021
Updated August 31, 2021. Imagine this: You find an amazing salon, pick out a picture of the perfect haircut, and schedule an appointment with a stylist sight unseen. It’s a professional salon, so what can go wrong? Cut to one hour later, when you’re staring back at yourself in the mirror wondering where the nearest wig store is and cursing yourself for not doing some research on your hairdresser’s capabilities.
Housing Wire
AUGUST 31, 2021
Since its founding in 2010, WFG National Title Insurance Company has worked to advance the real estate, mortgage lending and title industries, adding greater efficiency and accuracy to processes and a vastly improved experience for consumers. In a recent industry survey, WFG Enterprise Solutions identified that key concerns throughout this multifaceted industry include: Process inefficiencies Communication, signing and closing issues Data quality.
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.
Better Dwelling
AUGUST 31, 2021
Canada’s housing market giveth and taketh away. BMO senior economist Sal Guatieri dropped some notes on plummeting residential investment today. The segment of gross domestic product (GDP) fell so fast in Q2 2021, it held the whole economy back. The bank warned this is just the beginning for housing investment, as it comes back to […]. The post Canadian Housing Investment Is Falling, And Will Be A Drag The Economy: BMO appeared first on Better Dwelling.
Housing Wire
AUGUST 31, 2021
In today’s mortgage industry, many organizations have a unique real estate appraisal process that fits their exact business model. Unfortunately, most valuation management technologies follow a one-size-fits-all approach, making it difficult for mortgage lenders, credit unions, AMCs and appraisal firms to work together. Global DMS has solved this problem by creating EVO, an all-encompassing appraisal management platform that allows the user to be self-reliant, so they can easily customize the so
HomeLight
AUGUST 31, 2021
Updated August 31, 2021. Owning a home is many a renter’s dream. It’s a goal that can take years of scrimping and saving to squirrel away a down payment — not to mention the careful spending and meticulous bill-paying required to keep your credit score high. In the meantime, you’re still paying rent, maybe even more each month than you’d pay for a mortgage payment.
Housing Wire
AUGUST 31, 2021
Consumer-First Servicing Modernization: Servicing comprises the vast majority of a customer’s borrowing lifecycle, and Sagent CARE brings the same modern experience borrowers get in the origination space to servicing, where lifetime customer relationships are managed and grown. Borrowers can manage loans and get immediate hardship help from any device.
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.
RIS Media
AUGUST 31, 2021
Despite the demand for limited homes persisting, signs of a market cooldown continued in July, according to the latest report from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, showed a 1.8% decline last month, falling to 110.7. The West was the only region to record a month-over-month increase.
Housing Wire
AUGUST 31, 2021
Housing professionals are turning to advanced analytics to better understand risk, increase performance and flexibility. The problem is that mortgage data can be difficult to analyze due to its complexity. Refinitiv Advanced Mortgage Analytics (AMA) simplifies the complex data transformation process by emphasizing the ability to manipulate and extract data.
Agent Drive
AUGUST 31, 2021
The past 18 months have been a challenge for many real estate agents and brokers. How can you conduct Open Houses and show your client’s home to prospective buyers and be confident that all health precautions have been utilized? The vaccine roll-out saw a positive increase in Open-Houses, but with new variants, fear of spreading […]. The post Showing and Selling Homes During Covid-19 and New Variants appeared first on AgentDrive.
HomeLight
AUGUST 31, 2021
No matter how young or old you are, losing a parent is heartbreaking. It’s the kind of traumatic life event when you’d most like to turn to your parents for comfort and advice, if only they were still with you. To make matters worse, you must deal with the headaches of settling your parents’ estate while you’re grieving. This process often involves selling their house — a physically and emotionally taxing affair.
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 31, 2021
Many of the buildings designed by the illustrious Rosario Candela—the most widely esteemed architect of prewar residential buildings in Manhattan—are luxurious limestone-clad giants standing stalwart along Fifth and Park Avenues as enduring epitomes of generous proportions and exceptional taste. This building, one of the few grand structures to span a full block on Park Avenue—between 72nd and 73rd Streets—is a prime example of the architectural richness of Candela’s aesthetic.
RIS Media
AUGUST 31, 2021
Home prices continue their upward trajectory, according to the latest reading of the Federal Housing Finance Agency (FHFA) House Price Index (HPI®). Year-over-year, second-quarter home prices increased by 17.4%, up 4.9% from the previous quarter. On a seasonally adjusted basis for June, the index increased 1.6%. Key findings: – Home values have increased for 40 consecutive quarters since September 2011. – Prices rose in all 50 states and the District of Columbia between the second qu
The Residential Specialist
AUGUST 31, 2021
A burgeoning market in the western U.S., shared ranches are a great option for buyers who are looking to settle down. By Megan Kramer. Many people saw their work and lifestyles change during the pandemic, and while some things will return to a new type of normal, other changes may be more long-term. Guest Editor: Jen Ward, CRS. Changes in consumer lifestyles brought on by the pandemic and migration patterns created new trends in real estate.
RIS Media
AUGUST 31, 2021
The percentage of mortgages currently in forbearance remained almost entirely flat at 3.25%, according to the latest report from the Mortgage Bankers Association (MBA), though the industry expects a “sharp” increase in forbearance exits over the next month as struggling borrowers reach the end of the maximum time they can put off or decrease their payments.
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.
HomeLight
AUGUST 31, 2021
Every time a new friend posts their recently purchased dream home on social media, you feel a pang of undeniable envy. You’re starting to wonder when it’s going to be your turn. But there’s one major thing standing in your way: The down payment. How much do you need? How are you even supposed to figure that out? A down payment calculator might be your new best friend.
Realty Biz
AUGUST 31, 2021
The LGBTQ+ Real Estate Alliance has signed separate Memorandums of Understanding (MOUs) with the California Association of Realtors ® (C.A.R.), Indiana Association of Realtors ® , North Carolina Association of Realtors ® , Houston Association of Realtors ® and the D.C. Association of Realtors ®. . The agreements will allow The Alliance, which launched in October 2020 and now has more than 1,500 members, and its local chapters to engage with association leadership and membership on Fair Housing
HomeLight
AUGUST 31, 2021
You’re reading through a new MLS listing, and you believe you found your ideal home. It’s spacious, in your perfect neighborhood, and at a surprisingly affordable price. But right as you’re about to call your real estate agent, you notice there’s a line in there that labels it a foreclosure. Undoubtedly your mind starts racing, “What does that mean?
REM Online
AUGUST 31, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Developers with a conscience. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. For Sherard McQueen and Yaseen Nimjee, there’s a lot more to development than selling, building and walking away.
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.
RIS Media
AUGUST 31, 2021
In what has been a strong year for many agents and teams, a challenging year for others—and maybe a little bit of both—we are at the point where you may think that you have a pretty good idea of how your final numbers may look for 2021. Don’t fall into that trap. Your year has a lot of life left in it, and the next four months offer incredible opportunities to connect with clients, gain new listings, and create more sales.
The Mortgage Report
AUGUST 31, 2021
Many U.S. homeowners are equity-rich. As home values rise, so do equity levels. Learn about the 4 best ways to use home equity.
RIS Media
AUGUST 31, 2021
There is an overwhelming number of tech resources a real estate team can use to support their business. However, when every tool claims to be essential , it’s hard to really know which ones to use. The right technology is about these three fundamental functions: online presence, customer relationship management and email marketing. If your tech is not taking care of those needs in your business, you’re wasting too much of your own time and leaving money on the table!
Realtor.com
AUGUST 31, 2021
If the latest mystery smell invading your home is coming from the direction of the laundry room, then these odor-removing cleaning tricks are for you. The post Does Your Washer Smell Like Mildew? Follow These 4 Tips To Beat the Stink appeared first on Real Estate News & Insights | realtor.com®.
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.
Expert insights. Personalized for you.
473 
Let's personalize your content