Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. And while my more recent roles were more senior in stature, my mind tends to think like I did when I was a top loan originator in Denver back in the very beginning. In fact, it was the skills I developed selling loans that helped develop my ability to influence policy leaders and others in industry during my time as Federal Housing Commissioner and as CEO of the Mortgage Bankers Ass

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Keeping Current Matters

DECEMBER 5, 2022

There’s no denying mortgage rates are higher now than they were last year.

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Marketing Mortgages 221

Housing Wire

DECEMBER 5, 2022

Brian Covey, a high-profile vice president at loanDepot, is leaving the company after five years to join Revolution Mortgage , another direct-to-consumer retail mortgage lender which was founded in 2018. Covey, who announced the change Monday via a LinkedIn post , joined loanDepot in 2018 and led the sales teams in Tennessee, Alabama, Mississippi and Louisiana, recruiting and training more than 200 sales and operations team members.

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Realty Biz

DECEMBER 5, 2022

One of the most vital phases of buying a house is having it inspected. Home inspections over the last few years were few and far between. The crazy hot seller's market forced many home buyers into forgoing their inspection. With bidding wars being the norm and not the exception, many buyers were waiving their inspection to strengthen their offer. Things are starting to change in many real estate markets around the country.

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Housing Wire

DECEMBER 5, 2022

Early this month, California fintech Achieve announced the closing of its first AAA-rated securitization backed by $175 million in home equity lines of credit. The securitization — which is the process of bundling mortgages into a pool and selling shares of the pool as bonds — consists of three classes of rated notes, which are backed by about 3,300 HELOCs originated by its affiliate Achieve Loans , formerly known as Lendage , the fintech company said in a release.

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Maximum Exposure Real Estate

DECEMBER 5, 2022

Tips to Get The Best Mortgage Rate Do you want to know how to get the best mortgage rate for an upcoming home purchase? Getting the best rate on your mortgage is a significant concern for any home buyer. Everyone wants to get the lowest mortgage interest rate possible! When you consider that only a […]. The post How to Get The Best Mortgage Rate appeared first on Maximum Real Estate Exposure.

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Mortgages 118

The Close

DECEMBER 5, 2022

Since choosing the wrong real estate coach can be an expensive mistake, we crunched the numbers to find the best real estate coaches and programs in the industry for 2023. We ranked real estate coaches by reputation, cost, and which kind of agent we think they’ll work best for. We also include sample training materials like scripts and videos to help you make the right choice for your career.

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Housing Wire

DECEMBER 5, 2022

Everyone recognizes the importance of data when it comes to understanding the customer, but the real question is how to deploy it. Recently as the real estate industry has shifted from a buyer’s market to a seller’s market, it’s become paramount for Realtors to continually meet their clients at critical life touchpoints to extend the longevity of that relationship.

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Real Trends

DECEMBER 5, 2022

“A lot of agents hire a social media professional to ‘do social media for them.’ I think that is a mistake,” says Katie Lance , CEO and Founder of Katie Lance Consulting. Lance specializes in social media marketing and content strategy for real estate and mortgage companies, and is the author of “Get Social Smart.” . “Social media is social — it’s like a dinner party!

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Sotheby's International Real Estate

DECEMBER 5, 2022

From a waterfront home in Miami, Florida, to a grand hacienda in Sevilla, Spain, these are this month’s four featured notable properties for sale over $10 million. Newport, Rhode Island. David Huberman | Gustave White Sotheby’s International Realty. With a panoramic view of the maritime approach to Stockholm, this magnificent property is situated in a protected location on a south-facing slope.

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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

BubbleInfo

DECEMBER 5, 2022

A few more articles like this should cause buyers to question whether pricing will get any better: Today, the Data & Analytics division of Black Knight released its latest Mortgage Monitor Report, based upon the company’s industry-leading mortgage, real estate and public records datasets. Despite home price corrections continuing in many markets nationwide driven by tight affordability and […].

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Realtor.com

DECEMBER 5, 2022

ViktorCap/iStock Also called “demand-type” or “instantaneous water heaters,” tankless water heaters deliver warm water only when you want it. Conventional water heaters, on the other hand, perpetually heat water whether you need it or not. Traditional hot water tanks use electricity or gas to heat and store hot water until that magic moment you decide to take a shower or wash your dishes.

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Lighter Side of Real Estate

DECEMBER 5, 2022

Selling a house isn’t something most people do on a regular basis, so it’s easy to make mistakes that can cost you time and money. While your real estate agent will be able to guide you through the entire process and help you avoid those mistakes, it helps if you come into the process and relationship with your agent knowing a thing or two. Here are 14 real estate tip memes to help you gain some valuable insight ahead of time, and help you sell your house quickly and for top dollar!

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Agents 101

Better Dwelling

DECEMBER 5, 2022

The Great Canadian Real Estate Slowdown is set to continue into the future. Statistics Canada (Stat Can) data shows the value of building permits fell in October. The drop in permits shows less building activity is planned, especially for residential building. It sounds like bad news, but it might not be. Falling land and building […]. The post Canadian Building Permits Fall As Developers Plan 5% Fewer Units appeared first on Better Dwelling.

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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.

Sales

Realtor.com

DECEMBER 5, 2022

Getty Images / Realtor.com Colin Powell was not only a four-star general who served for decades in the Army, but also a trailblazer who held three of the highest positions in the U.S. government. Powell served as the first Black national security adviser under Ronald Reagan , chairman of the Joint Chiefs of Staff under George H.W. Bush , and secretary of state under George W.

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Brownstoner

DECEMBER 5, 2022

Even in a neighborhood filled with architectural beauties, this Prospect Park South standalone catches the eye with its fine Colonial Revival details and pleasing proportions. In the same family hands since the 1960s, 144 Westminster Road has seen some interior changes over the decades, but there are still some period… Read More > The post Prospect Park South Colonial Revival With Wood Burning Fireplace, Garage Asks $3.295 Million appeared first on Brownstoner.

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Marketing 98

Realtor.com

DECEMBER 5, 2022

sshepard/iStock This is a question you might face when it comes time to sell your place. Basically, it means that before this transaction can go through, you’ll have to deal with this lien, which is placed on property by entities that claim you owe them money. Here’s everything you need to know about what happens when you have a lien on your house.

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Brownstoner

DECEMBER 5, 2022

Editor’s note: This story originally ran in 2014 and has been updated. You can read the previous post here. Throughout Brooklyn’s history, a lot of things have come and gone, but one of the greatest losses has to be the Wallabout Market in the Brooklyn Navy Yard — at the site of today's… Read More > The post Food for Brooklyn: The Story of the Great Wallabout Market appeared first on Brownstoner.

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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

Realtor.com

DECEMBER 5, 2022

Photo-Illustration by Realtor.com / Getty Images (2) For those looking to sell their home, many have been forced to face the fact that they won’t get the price they’d dreamed of receiving anytime soon. To close sales, more sellers are dropping asking prices than at any point in the past few years. The portion of homes on the market with at least one markdown is now outpacing even pre-pandemic years.

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Brownstoner

DECEMBER 5, 2022

Work continues on the foundation for a new 20-story mixed-use tower on the corner of Linden Street and Broadway in Bushwick, while the city's Landmarks Preservation Commission is looking into creating an historic district next door to the construction site. Behind the green construction fence at 1333 Broadway, workers were busy… Read More > The post Tower of 20 Stories to Go Up on Bushwick Corner as LPC Mulls Landmarking Neighboring Homes appeared first on Brownstoner.

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Better Dwelling

DECEMBER 5, 2022

US home prices made lofty gains over the pandemic—a bigger run up than the one seen before the Great Recession. It’s going to be difficult to not see a significant chunk of those gains given back to the market, warned the Dallas Fed. Researchers from the US Federal Reserve branch warn severe recession is still […]. The post US Real Estate Prices Could Plunge 20%, “Severe” Recession Possible : Dallas Fed appeared first on Better Dwelling.

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Marketing 94

Brownstoner

DECEMBER 5, 2022

In the News Woman Burned by Chemical Thrown in Face at PLG Subway Stop [NYT] She Found Serenity Again in Brooklyn, and a Place to Build a New Life [NYT] This Tiny Park Slope Restaurant Is the Toughest Reservation in NYC [NYP] Brooklyn Bus Network Plan Aims to End Decades of Slow Service [BP] Hochul… Read More > The post Daily Links: Brooklyn Bus Redesign Promises Speedier Service, Better Links to Queens appeared first on Brownstoner.

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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

Point2Homes

DECEMBER 5, 2022

Today’s treacherous housing landscape has made home-seekers savvier when it comes to sifting through listings and determining which ones to focus their time, effort and money on. And, while the price and photos may be what draws them in initially, the full description of what a property has to offer can also play a decisive role for many. But, what are the most-used keywords to attract those in the market for a home?

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Real Trends

DECEMBER 5, 2022

At the beginning of the year, interest rates were at an all-time low. It was a sellers’ market with buyers competing for homes that would sell for way above the asking rate. More recently, the Federal Reserve has raised interest rates to counter inflation. Although rates are still low, the increase has some buyers getting cold feet. The market has slowed considerably.

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Realtor.com

DECEMBER 5, 2022

iStock; homedepot.com A reverse osmosis water filter helps homeowners get better-tasting water by removing certain elements. After installing a reverse osmosis system, many folks appreciate the high-quality water that comes out of their taps; the water tends to taste and smell better, and the ice cubes are clear. “It’s as if you’re drinking bottled water without the bottles,” says Mike Paice , a water specialist with the Sunny Plumber in Las Vegas.

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Real Trends

DECEMBER 5, 2022

To get into an agent’s circle, an LO has to be a good communicator, see problems before they manifest and communicate whether the news is good, bad or ugly, agents said. Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product.

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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

Realtor.com

DECEMBER 5, 2022

White Packert/Getty Images If you’re looking to rent or buy a spacious apartment with few walls closing you in, loft living can be your ticket to happiness. As its “lofty” description suggests, these studio apartment buildings are characterized by their soaring ceilings, concrete or hardwood floors, and open, all-one-room floor plans.

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Realty Biz

DECEMBER 5, 2022

The real estate industry is huge and growing, but it's not without its challenges. The biggest challenge that realtors face is making sure their clients are engaged with their properties and sales. In order to grow their business and make more money, realtors need to stay on top of their game by keeping their clients engaged with their properties and sales.

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Realtor.com

DECEMBER 5, 2022

Lew Robertson/Corbis/Getty Images In its simplest form, a Lazy Susan is a spinning tray that sits atop a table or shelf. Add compartments, and it becomes a brilliant storage solution that makes everything from ketchup bottles to cotton swabs easier to reach. Lazy Susans are available in just about any material: wood, bamboo, glass, or acrylic. Wondering how well a Lazy Susan would fit into your home?

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Coldwell Banker

DECEMBER 5, 2022

Strength of the U.S. dollar and rising costs of living have U.S. affluent buyers looking abroad for their dream home, according to new Coldwell Banker Global Luxury data. The post Wealthy Americans Dream of Home Overseas appeared first on Coldwell Banker Blue Matter.

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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