Tue.Dec 08, 2020

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Stewart Title acquires notarization provider NotaryCam

Housing Wire

Stewart Information Services Corp. announced it will broaden its digital offerings with its acquisition of NotaryCam , a top online notarization provider and mortgage eClosings solutions provider. “Stewart and NotaryCam have been partners for years in the digital and eClosing space, leading innovation and change for real estate closings across the country,” Stewart CEO Fred Eppinger said.

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An Honest Look at Unemployment Numbers

Keeping Current Matters

Last Friday, the Bureau of Labor Statistics released the November Jobs Report. It revealed that, though headed in the right direction, the nation’s job recovery has slowed. The consensus reaction is best exemplified by a quote from Glassdoor Senior Economist , Daniel Zhao: “We saw positive job gains, but I think the sentiment is largely negative because we know that we’re heading into a dark winter.”.

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Mr. Cooper, U.S. Bank and PNC Bank settle DOJ servicing case

Housing Wire

On the same day that Mr. Cooper announced it had reached a $91 million settlement over claims about it illegally foreclosing on borrowers, the Justice Department announced separate settlements over servicing errors with Mr. Cooper , U.S. Bank and PNC Bank. In all, the Justice Department said the three lenders didn’t comply with federal bankruptcy procedures, which affected a total of 76,000 accounts beginning in 2011. “The failure of mortgage servicers to comply with those requiremen

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What is a Contingent House Listing?

Point2Homes

Image: Doubletree Studio / Shutterstock.com. When searching for the ideal home, expect to encounter a few issues along the way, such as homes listed as contingent. But, what does contingent mean and how does it affect your purchase? A home listed as contingent means the seller has accepted an offer. However, before the sale can go to closing, certain contingencies must be met.

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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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Digital lender SoFi contemplating IPO

Housing Wire

Digital lender SoFi is the latest firm to explore an independent public offering , according to a new report. SoFi, headquartered in San Francisco, has held talks with a number of blank-check companies to go public, according to CNBC. The lender was last valued at $4.8 billion after a funding round last year. While it is best known for refinancing student loans, the startup also offers a variety of other financial products, including personal loans, small business loans, home equity loans and mo

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Sundae raises $36 million in Series B funding

Housing Wire

Residential real estate marketplace Sundae has announced it closed $36 million in Series B funding on Tuesday, led by QED Investors and with additional participation from Founders Fund , Susa Ventures , Navitas Capital , Prudence Holdings and General Global Capital. This round of funding comes after the San Francisco-based company announced it closed $16.5 million in Series A funding this June.

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‘Bargain Mansions’ Reveals One Trendy Renovation You Might Regret

Realtor.com

HGTV Tamara Day of “Bargain Mansions” is always getting creative with her renovations, but with her latest project, she is given a clean slate, with a house that’s been stripped down to the studs. In the Season 3 episode “On Par for Glory,” Day has purchased a classic Kansas City home for $247,000, and spends $150,000 on the renovation.

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LIBOR is being phased out in 2021. What now?

Housing Wire

Mortgage lenders are preparing for the end of LIBOR , which is set to be phased out by the end of 2021. Financial institutions have been searching for alternatives since regulators in the United Kingdom stated that LIBOR cannot be guaranteed beyond next year. LIBOR is commonly used in setting the interest rate for many adjustable-rate consumer financial products and its end will affect adjustable and variable rate loans, reverse mortgages, credit cards, home equity loans, and adjustable-rate mor

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5 Big Ways President Biden Is Poised To Help First-Time Home Buyers

Realtor.com

monkeybusinessimages/iStock Becoming a first-time homeowner these days is shaping up as an epic challenge. With a record-low selection of properties for sale, high buyer demand keeps on pushing home prices ever skyward. High-stress bidding wars are playing out against a fraught backdrop of the continuing pandemic and struggling economy. But help may be on the way.

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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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Is an FHA Streamline Refinance a good idea in today’s market?

The Mortgage Report

The FHA Streamline Refinance can be a great way to lower your interest rate and monthly payment. But only if you refinance with care. Here's what to do.

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Fireplace Safety and Maintenance: What You Need to Know

RIS Media

Winter is almost here and that means you can put that wood-burning fireplace to use! Fires are a great way to unwind and stay warm throughout the season, but there are certain safety precautions and maintenance you should be aware of. Keep these in mind before you light up those logs and rest by the cozy flames. The most obvious safety concern is fire prevention, but carbon monoxide poisoning is another issue to keep on your radar.

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Saddle Up! Amazing Replica Old West Town in New Mexico Available for $1.6M

Realtor.com

Jessica Bernstein for Sotheby’s International Realty Head to Datil, NM, and you might find yourself wondering if you’ve wandered back in time. Because, in the so-called town of Gabriella , even though it was built this century, the spirit of the Old West lives on. Set on 58 acres, the quaint replica settlement stakes a claim to be the “largest and most authentic Western town” in New Mexico and looks as if it’s right out of the 1880s.

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Revolutionize how you hire photographers with The H Hub

The American Genius for Real Estate

(OPINION / EDITORIAL) Photographers, H Hub is the community for you to build your brand, build others brands, and get paid fairly for your work. The post Revolutionize how you hire photographers with The H Hub appeared first on The American Genius Real Estate.

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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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What Appraisers Look for During a Real Estate Appraisal

RISMedia

The home appraisal process can be a stressful time, whether you're buying or selling a property. It's the job of the appraiser to find the fair market value of the home. If their findings don't match the buyer's offer, there can be delays in the transaction. But if you know what appraisers look for, you […]. The post What Appraisers Look for During a Real Estate Appraisal appeared first on RISMedia's Housecall.

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Controversial Rezoning for Windsor Terrace Development Gains City Council Support

Brownstoner

The City Council’s land use subcommittee voted unanimously to approve the controversial 312 Coney Island Avenue rezoning in Windsor Terrace after the area’s Councilman, Brad Lander, voiced support for the project during the December 7 hearing. Lander acknowledged that he thought the proposal — which will allow for a 13-story mixed-use… Read More > The post Controversial Rezoning for Windsor Terrace Development Gains City Council Support appeared first on Brownstoner.

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Top 20 Real Estate Markets in 2021

BubbleInfo

The experts at realtor.com think our pricing will go up 5.5% next year, and the folks at Zillow have predicted around 8% for areas between La Jolla and Carlsbad. I think we’ll be hitting +6% to +8% by summertime, so let’s put that aside and look at the number of sales predicted here – […]. The post Top 20 Real Estate Markets in 2021 appeared first on bubbleinfo.com.

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Lone Wolf Acquires W+R Studios, Makers of Cloud CMA, to Create Complete Digital Technology Suite for Agents and Brokers

RIS Media

Acquisition will bolster the digital experience for buyers and sellers and keep agents and brokers at the center of the transaction. Lone Wolf Technologies has announced that it has completed the acquisition of W+R Studios , a top provider of digital technology for real estate agents. The acquisition will add W+R Studios’ suite of solutions, including its competitive market analysis tool, Cloud CMA, to Lone Wolf’s Agent, Broker and Association Cloud suites.

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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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Canada’s Big Six Banks Have 69,000 Mortgages Left On Payment Deferral

Better Dwelling

The Great Canadian Mortgage Payment Relief experiment is coming to an end. Regulatory filings for the Big Six show the majority of mortgage payment deferrals expired in Q4. Most transitioned back to regular payments without much of a hitch. Most didn’t actually need a payment deferral though, but the deferrals did allow problematic mortgages hide […].

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Crye-Leike Launches Digital Platform, Crye-Leike Cloud

RIS Media

Crye-Leike Real Estate Services announces that it has officially launched an all-inclusive, integrated digital platform for agent productivity with cloud-based tools and functionality. The new and improved intranet system, coined the Crye-Leike Cloud, includes a range of resources for real estate agents to help manage and improve their businesses. With a variety of options to suit different business styles, including DIY marketing plans, training and education services, and access to information

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Grading Time! The 2020 Predictions

Notorious ROB

Okay, so… let’s be honest here for a moment. 2020 was the Year of Black Swans. I mean, when I made my Seven Predictions for 2020, I didn’t have a global pandemic, government lockdowns, and the nastiest election in history on my list of things to consider. So I’m pretty sure I already know the. Read more. The post Grading Time!

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Downtown Palm Beach Gardens Holiday Tree Celebration

Waterfront Properties

Downtown Palm Beach Gardens is hosting a Holiday Tree Celebration throughout the month of December. The outdoor shopping and lifestyle center invites you to come see the holiday trees and decorations in partnership with local charities scattered throughout the center. Participating shops and restaurants located throughout Downtown Palm Beach Gardens have paired off against each other and local organizations and non-profits to compete for the best holiday tree.

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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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Inside an Unparalleled Manhattan Penthouse

Sotheby's International Real Estate

A masterwork of design and style, this peerless penthouse atop the landmark building at One Sutton Place South is an airy, fluid, light-flooded home and gallery exemplifying the best of everything in Manhattan. New York, New York | Allison B. Koffman & Juliette R. Janssens , Sotheby’s International Realty – East Side Manhattan Brokerage. One Sutton Place South is an architectural tour de force in its own right, conceived in 1927 by Rosario Candela—architect of some of New York’s most imp

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Mortgage and refinance rates today, December 8, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. And conventional loans started out this morning at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage. This morning’s outlook […].

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How Ugly Are Thy Branches? 7 Dumb Mistakes You’re Making With Your Artificial Christmas Tree

Realtor.com

alexeys/iStock Most folks would agree that putting up a fake Christmas tree is far easier than getting a live one into your house. Still, it’s not a walk in the park if you haven’t done it before. That’s because not every artificial tree is the same—so you need to do your prep before you take a deep dive into all that tinsel. For starters, you get what you pay for when it comes to a man-made spruce, with prices running the gamut from $40 to $700 or more, depending on the manufa

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What The November TRREB Stats Tell Us About The Condo Market

Toronto Realty Blog

TorontoRealtyBlog. What does it say that I dedicated Monday’s post to discussing the whole 416 market, the GTA, different market segments, sales, inventory, and listings, and when it comes to condos , I’ve set aside an entire post on Wednesday? I almost think that question is rhetorical. Having already started my “End of 2020” blog-themed posts on the side, I don’t want to spoil the surprise here, but we will be dedicating a good section to exploring the 2020 condo

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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.