Mon.Apr 11, 2022

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3 Ways Remote Work Is Changing Real Estate Forever—and How Agents Can Help Their Clients Adapt

RIS Media

There’s no doubt that remote work is here to stay: 91% of people who are working at least some of their hours remotely hope their ability to work at home continues. And, a recent report from Ladders predicts that 25% of all high-paying professional jobs will be remote by the end of this year. A lack of commute time, the flexibility to balance work and personal obligations, and improved well-being are some of the top-cited reasons driving this change.

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Fannie Mae announces title insurance shake up

Housing Wire

In a selling guide announcement released last week, Fannie Mae announced that it would be accepting written opinion letters from an attorney in lieu of a title insurance policy “in limited circumstances.”. According to the announcement, lenders “must ensure the loan is covered by either a title policy issued by an acceptable insurer (including any required endorsements) or a title opinion letter issued by an attorney.”.

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Using Your Tax Refund To Achieve Your Homeownership Goals This Year

Keeping Current Matters

If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses.

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Buyers rush to lock mortgages as rates move fast and furious

Housing Wire

Mortgage origination activity rose last month despite rapidly rising mortgage rates as prospective buyers sought to lock in their loans. Overall origination activity jumped 19% in March from the previous month, led by a 31% increase in purchase loan locks, according to the monthly Originations Market Monitor report from Black Knight. While cash-out refinance activity, which has been somewhat insulated due to strengthening home values, rose a mere 1.6% in March from February, rate-term refi origi

Mortgages 369
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

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Making Offers on Houses: What You Need to Know

Maximum Exposure Real Estate

How to Make an Offer For a House Buying a house in today’s competitive market can be a real challenge. Potential buyers need to understand that making offers could become a routine before landing your dream house. It’s an extreme seller’s market where a bidding war is a norm and not the exception. It’s a […]. The post Making Offers on Houses: What You Need to Know appeared first on Maximum Real Estate Exposure.

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LoanLogics rolls out automated income calculation tool

Housing Wire

LoanLogics this week rolled out LoanBeam Wage, a new automated tool that enables lenders to calculate borrower’s income quickly by using paper-based paystubs and W2s. The Jacksonville, Florida-based digital mortgage solutions provider combines machine learning with “layered optical character recognition technologies” to automatically extract and interpret income data in a paystub and W2 income documents without a lender’s human staff, the firm said in a release. “By

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Staircase debuts AWS blockchain-backed tech to store, process mortgage data

Housing Wire

Mortgage tech startup Staircase this week launched a blockchain-backed digital infrastructure that it says enables lenders to safely store collected mortgage data while processing mortgages faster. Philadelphia, Pennsylvania-based Staircase rolled out Amazon Web Service blockchain-based “Staircase Persistence,” which it says helps companies manage data points used by their different customers by grouping data into sets, such as transactions, collections, and client accounts.

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This Springs Hottest Real Estate Markets!

Properties Online

March’s hottest real estate markets With home prices (and interest rates!) skyrocketing lately, homebuyers are wondering where in the U.S. can they afford to purchase a home. Well, thanks to a recent report from Realtor.com® we can point out a few places that might still be affordable. Here are March’s hottest real estate markets: 1… Read More » This Springs Hottest Real Estate Markets!

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How embracing digital transformation gives lenders a competitive edge

Housing Wire

More and more borrowers are looking for a fast, effective mortgage process that involves less paper. We recently spoke to Amanda Hill, Head of Mortgage Solutions at Reggora, about actionable steps lenders can take to overcome barriers to automation. HousingWire: How do the sentiments of today’s average borrower heighten the need for lenders to be more competitive?

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Significant Sales: February 2022 Highlights

Sotheby's International Real Estate

From a US$44.9 million sale in Palm Beach, Florida to a ¥940 million sale in Tokyo, Japan, see the brand’s significant sales in February 2022. Palm Beach, Florida. Lisa and John Cregan | Sotheby’s International Realty – Palm Beach Brokerage, $44,926,000. Dorado, Puerto Rico. Oriana Juvelier | Puerto Rico Sotheby’s International Realty, $19,950,000.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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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The logic behind a Black Knight takeover

Housing Wire

Top mortgage lending software and analytics provider Black Knight is reportedly exploring a sale following takeover interest from several private equity firms. But don’t misread the situation – a potential deal reflects an opportunistic move rather than an act of desperation, analysts who cover the company told HousingWire. Black Knight’s stock has been punished due to the company’s exposure to the mortgage business – after reaching a record of $4.4 trillion in 2021, originatio

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Majority of Homeowners and Renters Support ‘Modern Densification’ in Their Neighborhoods

RIS Media

With housing supply still severely strained nationwide, homeowners and renters say they are open to adding a mix of housing options in their neighborhoods, according to a new Zillow survey. The report, which surveyed more than 12,000 people across 26 U.S. metropolitan areas struggling with housing affordability, found that 77% of all homeowners and renters surveyed voiced support for constructing either new accessory dwelling units (ADUs), duplexes, or triplexes in residential neighborhoods.

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March TRREB Stats: London Calling!

Toronto Realty Blog

TorontoRealtyBlog. Well, that was an eventful week, wasn’t it? Chris, Tara, and Matthew wrote guest blogs? You don’t say! To be quite honest, I was thinking about pre-writing three blogs, or, as is often the case, writing blogs while I’m away on vacation. That always seems easy in advance (“I write three blogs per week, I’m sure I can carve out the time while I’m away!

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Ask Brian: How Do We Find the Best Mortgage Rate as First-Time Buyers?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Regina in Oklahoma City: Hi Brian, last weekend I visited my sister Jenny. Both of us want to buy our first house and over a few cold beers, we got to talking about what we need to do to make it happen.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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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First-time home buyer loans for 2022

The Mortgage Report

These first-time home buyer loans can help put you in a home with lower upfront costs and easier requirements to qualify.

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Six Kitchen Renovations With a High Return on Investment

RIS Media

As the saying goes, “the kitchen is the heart of your home.” When selling a home though, most real estate professionals will vouch that—as far as home improvements are concerned—kitchen renovations are worthy investments that will likely increase your resale value. DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

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Mortgage and refinance rates today, April 11, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose last Friday. And, unfortunately, they ended that week appreciably higher than they started it. There had been falls on Monday and […].

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Daily Links: NY State Budget Passed Without 421-a Developer Tax Break Alternative Included

Brownstoner

In the News The New York Dream of Cheap Rent and No Roommates? It’s Over [NYT] Artists, Musicians Getting a New Source for Aid in the NY State Budget [NYT] Brooklyn Bridge Climber Ties Up Traffic [Eagle] Massive Park Slope Manhole Explosion Spurs Evacuations, Street Closure [Patch] New Pawsibilities in Bushwick [Bushwick Daily] 27 Dogs Rescued… Read More > The post Daily Links: NY State Budget Passed Without 421-a Developer Tax Break Alternative Included appeared first on Brownstoner.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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iBuyers Rebound as Power Buyers Rapidly Expand

RIS Media

According to our latest zavvie Seller Preferences Report, iBuyers rebounded last year, increasing business fivefold year-over-year during an historic seller’s market. Even as skeptics asked, “Who needs an instant offer from a tech company if you can sell your house on the open market faster than you ever thought possible for more money than you ever expected?

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Fort Greene Brownstone With Tamara Eaton Interior, Sunroom, Sauna, Built-ins Asks $7 Million

Brownstoner

This 1860s Italianate has had quite a transformation since it was a crumbling shell on the market in 2014. While a marble mantel could be spotted amidst the decaying plaster, 6 South Oxford Street had a hole in the roof and was need of a top-to-bottom renovation. The subsequent overhaul… Read More > The post Fort Greene Brownstone With Tamara Eaton Interior, Sunroom, Sauna, Built-ins Asks $7 Million appeared first on Brownstoner.

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Survey suggests more housing inventory might be on the way

Realty Biz

There’s hope that more housing inventory may arrive to relieve some of the pressure on buyers. According to a new survey by realtor.com, as many as 64% of the 3,000 prospective home sellers it surveyed recently are planning to list in either spring or summer. Realtor.com’s senior economist and manager of economic research George Ratiu said most sellers are expecting to hold the upper hand this year and that they believe it’s a good time to sell.

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Married Couple Homeownership

Eye on Housing

NAHB analysis of the Current Population Survey’s (CPS) 2020 Annual Social and Economic Supplement (ASEC) estimates the national homeownership rate at 66.4%. This analysis provides a further breakdown of this rate through the lens of married couple homeownership, which we estimate at 79% for 2020.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Commentary: 8 Things Your Real Estate Clients Expect From You

RIS Media

Without accounting for your real estate clients’ common needs and expectations, you might be underperforming and risk losing their business. Here are eight things your real estate clients are expecting from you as their real estate professional: Be available. Make yourself available to your clients as often as possible. Even if you cannot answer right away, set up an automatic response letting them know you’ve received their message.

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Activists Rally to Deny Permit for Gas Vaporizers at National Grid’s Depot in Williamsburg

Brownstoner

Environmental activists rallied outside the state Department of Environmental Conservation’s headquarters on Tuesday morning, urging the agency to put a stop to National Grid’s plan to build new natural gas infrastructure in north Brooklyn. Almost two years ago, the British energy giant applied for less restrictive air pollution permits, which would… Read More > The post Activists Rally to Deny Permit for Gas Vaporizers at National Grid’s Depot in Williamsburg appeared first on B

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John L. Scott Real Estate Adds New Member to Its Executive Team

RIS Media

Washington-based John L. Scott Real Estate just bolstered its executive team with the addition of Tyler R. Gaudioso, the company has announced. Gaudioso will serve as vice president of client development and strategic initiatives and brings more than a decade of experience in the real estate industry to his new role, which will bridge the client development, digital strategies, eBusiness and residential operations teams.

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Sharon Mason’s tales from the real estate trenches

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Sharon Mason’s tales from the real estate trenches. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. For decades, Sharon Mason’s friends have been urging her to write a book.

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5 Data Proven Ways Agents Can Do 18% More Business

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.

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The Best Home Improvements to Make in 2022

RIS Media

This year will be a banner year for home improvements, according to Harvard University’s Joint Center for Housing Studies, which estimates homeowner spending on improvements and repairs could climb to $430 billion. But with supply chain issues and labor shortages driving up costs, it’s smart to know which projects stand a better chance of giving you a return on your investment (ROI).

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What to Inspect in a Home Before Purchasing It

RISMedia

By Anica Oaks When you fall in love with a house to buy, don't rush to sign the purchase agreement. First, take time to get a professional inspection. This will help you to find out about any problems you might have to negotiate with the seller or take care of after the purchase. Foundation A […]. The post What to Inspect in a Home Before Purchasing It appeared first on RISMedia's Housecall.

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9 Garden Hacks You’ll Be Glad You Know

RIS Media

The spring gardening season is upon us, and if visions of red, ripe tomatoes and strawberries are dancing in your head, here are a few tried-and-true garden tips and tricks to help make this growing season among your most productive. Coffee Grounds Do Double Duty – Adding coffee grounds to the soil around your plants helps to keep pests away and adds nutrients to the soil.

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Dan St. Yves: If new listings had critics to review them

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Dan St. Yves: If new listings had critics to review them. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. It strikes me that so many things we partake in often take advantage of professional critics or reviewers, upon early access.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.