The Close
JUNE 21, 2022
We love beautiful real estate SOLD signs that show off our professionalism and sense of style. But we also need them to drive traffic and boost our marketing efforts. Real estate SOLD signs are an easy and effective way to do that. How do you get more referral business with SOLD signs, you ask? Simple. Have your buyers pose holding your custom sign.
Housing Wire
JUNE 21, 2022
The housing nightmare continues. The National Association of Realtors (NAR) reported that existing home sales for April came in at 5.41 million , down 3.4% from the previous month and 8.6% from last year. But, the savagely unhealthy data line was that home prices are up 14.8%. Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, has
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Keeping Current Matters
JUNE 21, 2022
If you own a home, your net worth likely just got a big boost thanks to rising home equity.
Housing Wire
JUNE 21, 2022
As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Title insurance is imperative for lenders to ensure the borrower has ownership rights to a property, but it doesn’t just protect against problems affecting title.
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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 Trends
JUNE 21, 2022
As markets across the country have cooled thanks to rising mortgage rates and higher home prices, existing home sales fell in May for the fourth consecutive month. The seasonally adjusted sales rate for existing homes fell 3.4% to 5.41 million from April , according to a report from the National Association of Realtors released Tuesday. The sales pace is down 8.6% compared to a year ago. “Home sales have essentially returned to the levels seen in 2019 — prior to the pandemic — after two ye
Housing Wire
JUNE 21, 2022
Despite mortgage rates reaching the highest level in 14 years, mortgage applications increased 4.2% from the prior week, according to the latest Mortgage Bankers Association (MBA) survey for the week ending June 17. “Mortgage rates continued to surge last week, with the 30-year fixed mortgage rate jumping 33 basis points to 5.98% – the highest since November 2008 and the largest single-week increase since 2009,” Joel Kan, associate vice president of economic and industry forecasting for the trad
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 21, 2022
We are living in a world of post-pandemic inflation and uncertainty. Interest rates, single-family homes, gas, and groceries, among other essentials, are on the rise. The dream of home ownership is out of reach for many, yet the consumer preference of living in a home remains strong, and has likely increased. Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning.
Sotheby's International Real Estate
JUNE 21, 2022
A scenic coastal stretch of rocky coves, forest groves, and enchanting beaches, Pebble Beach is known the world over for luxurious resorts, celebrated golf courses, and the scenic historic 17-Mile Drive that meanders between Monterey and Carmel. Just steps from the area’s renowned Lodge at Pebble Beach—with its superior golfing, restaurants, and boutiques—this handsome five-bedroom home is a welcoming oasis with views of the iconic sights, including Stillwater Cove and Carmel Bay, that make the
Housing Wire
JUNE 21, 2022
Recently, Intercontinental Exchange (ICE) announced a plan to acquire Black Knight in a reported $13 billion deal that, if approved by federal regulators, would certainly be one of the largest acquisitions ever in the mortgage technology space. The importance of this particular acquisition is one that could have implications for consumers, lenders, vendors and settlement service providers.
Lighter Side of Real Estate
JUNE 21, 2022
If you’re either in the process of buying a house, or thinking of jumping into the market, you’re probably well aware that rates have jumped significantly in recent weeks. And that likely doesn’t feel or sound like anything good to you. But what you might not be well aware of is that, according to Chair of the Federal Reserve, Jerome Powell, raising interest rates is actually being done (at least in part) for the good of home buyers.
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
JUNE 21, 2022
The stock market has not been kind to mortgage lenders – some are now trading in the $1-a-share range. In a one-week period between June 10 and June 17, 11 publicly traded mortgage companies lost a collective $6.14 billion in market capitalization. As investors fled the space, their valuations declined 17.4% to $29 billion in aggregate, according to a HousingWire analysis of stock data.
HomeLight
JUNE 21, 2022
After going through the stressful process of staging and showing your house, you’ve accepted an offer that exceeds your expectations. You can’t wait to close the deal so you can move out and begin the next chapter of your life. But you’ll still have to get over the home inspection hurdle that could reveal issues requiring repairs or cause buyers to renegotiate a lower sales price or even walk away from the deal.
Housing Wire
JUNE 21, 2022
Dan Springer stepped down as CEO of DocuSign on Tuesday amid slowing growth, widening losses and a flagging share price. Maggie Wilderotter, who chairs the company’s board, will serve as interim CEO as Springer “has agreed to step aside,” effective immediately, the company said in a release Tuesday. . While DocuSign didn’t provide reasons for Springer’s departure, the announcement comes as the company struggles to perform as it did during the pandemic when consumers
The Mortgage Report
JUNE 21, 2022
Today’s mortgage and refinance rates Markets were closed yesterday for the Juneteeth federal holiday. Average mortgage rates inched lower last Friday, though only by a similar tiny amount to Thursday’s […].
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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
JUNE 21, 2022
The 2021 real estate market was one for the ages: record low interest rates and housing inventory gave way to record high home prices and sales. Capitalizing on these market factors, brokerage firms in the 2022 RealTrends 500 brokerage rankings broke records in market share, closed transaction sides (there must be inventory somewhere!) and sales volume.
Eye on Housing
JUNE 21, 2022
As rising mortgage rates and higher home prices continued to price out homebuyers, existing home sales declined for four consecutive months, according to the National Association of Realtors (NAR). However, the trend in home price appreciation continued as supply remained tight. The median existing home prices in May surpassed $400,000, the highest level on record since 1999.
Housing Wire
JUNE 21, 2022
Fewer homeowners paused or reduced their mortgage payments in May, continuing the decline from April when the total number of loans in forbearance fell to a level below 1% of servicers’ portfolio volume. The share of loans in forbearance dropped by 9 basis points to 0.85% in May from April’s 0.94%, according to the Mortgage Bankers Association (MBA).
The Mortgage Report
JUNE 21, 2022
Here are three expert strategies that can help home buyers combat high prices and rising rates in today's market.
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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
JUNE 21, 2022
New Residential Investment Corp. announced on Friday that it has decided to internalize the company’s management, a step that the real estate investment trust estimates will reduce its costs and potentially attract more institutional investors to its stock. The company is also changing its name to Rithm Capital, reflecting the diversification of its businesses as more than just a mortgage real estate investment trust.
BubbleInfo
JUNE 21, 2022
We are having fewer sales between Carlsbad and La Jolla, but about the same percentage are closing over the list price as we’ve seen in the previous months of 2022: NSDCC Detached-Home Sales, June (Month-to-Date) Number of Sales: 104 Number of Sales Closed Over List: 68 (65%) Average List Price of Over Lists: $2,298,732 Average […].
Housing Wire
JUNE 21, 2022
Despite rising interest rates , higher home prices and a drop in refinance volume , the American Land Title Association recorded $5.89 billion in title insurance premium volume during the first quarter of 2022, compared to $5.68 billion a year prior, according to the trade group’s Market Share Analysis , published Friday. The title insurance industry had a record year in 2021 , generating $26.2 billion in premiums, which ALTA attributed to historic mortgage origination activity and the substanti
App Folio
JUNE 21, 2022
Though occupancy rates are at a record high, differentiating your property management business has never been more important. By focusing.
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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.
The American Genius for Real Estate
JUNE 21, 2022
(REAL ESTATE NEWS) Home sales dip for a fourth consecutive month in May - what does this mean for the housing market going forward? The post Median home prices hit $407K, home sales fall 3.4% appeared first on The American Genius Real Estate.
RISMedia
JUNE 21, 2022
By Anica Oaks Whether your landlord, real estate investor or real estate agent, getting your properties in front of the eyes of potential guests and renters is essential. Vibrant and masterful photos of your property are an absolute must for an effective and successful marketing campaign to ensure your rental units remain occupied. Just as […].
The Close
JUNE 21, 2022
Real estate farming is a lead generation and marketing strategy used by real estate professionals to generate consistent business from a specific geographic area. Agents farm a specific neighborhood by providing consistent value and attention and cultivating relationships—thereby generating leads that evolve into long-term clients and reliable business.
Brownstoner
JUNE 21, 2022
This week, a look back at four of our featured listings from six months ago focuses on homes in Crown Heights, Flatbush, Bay Ridge and Prospect Heights. How did they fare? In Crown Heights, this prewar co-op has a flexible layout, charming prewar features and modern updates. It’s located on the… Read More > The post Brooklyn Real Estate Listings Six Months Later: One Sold, Two in Contract, One off the Market appeared first on Brownstoner.
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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.
Mandrona Group
JUNE 21, 2022
If you’re a first-time buyer who’s only just started your house-hunting journey, you might have heard the expression, house poor. Read More.
Brownstoner
JUNE 21, 2022
Get your working gloves ready and support Brooklyn's backyard with some volunteer hours this summer. During the month of July, the Prospect Park Alliance is organizing volunteers with a special clean-up of the 60-acre lake. Each session will focus on a different portion of the waterfront, from the Boathouse to… Read More > The post Pitch In for Prospect Park’s Lake Appreciation Month appeared first on Brownstoner.
Real Trends
JUNE 21, 2022
eXp World Holdings, Inc , the holding company of eXp Realty , is set to acquire Toronto-based Zoocasa , a consumer real estate search portal and brokerage, according to announcement on Monday. The acquisition is subject to customary closing conditions and approval, and is expected to close in July 2022. The financial terms of the deal were not disclosed. eXp said it hopes the acquisition will bolster the brokerage’s online lead generation, home search and listings portals opportunities.
Brownstoner
JUNE 21, 2022
In a Sunset Park co-op that was built as affordable housing by Finnish co-operators in the early 20th century, a modest one-bedroom walk-up has charming original details and remains one of the more affordable options for owning in Brooklyn. It's located on the third floor of 531 41st Street, across… Read More > The post Sunset Park Finnish Co-op With One Bedroom, Parquet, Low Maintenance Asks $400K appeared first on Brownstoner.
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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.
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