Tue.Oct 19, 2021

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Abortion, marijuana laws play a role in relocation decisions

Housing Wire

Over the past few years, politics has become an increasing polarizing subject, so it should come as no surprise that it is influencing recent homebuyers’ decisions of where they want to live. The passage of the so-called “heartbeat bill” in Texas and similar laws in other states, access to legal and safe abortions has become a major concern for some recent movers.

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What Does the Future Hold for Home Prices?

Keeping Current Matters

If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer that question, let’s first understand a few terms you may be hearing right now.

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Rocket Mortgage makes another push for brokers

Housing Wire

Executive Vice President at Rocket Pro TPO Austin Niemiec. Rocket Pro TPO, a division of Rocket Mortgage , announced today that it is launching several tech-focused initiatives to support mortgage broker partners for a purchase-heavy market. Perhaps the most significant news, made under the fanfare of “Come Together” by the Beatles, is that the nation’s largest mortgage lender pledged “to build bridges” for their brokers partners by connecting them with real estate agents.

Mortgages 384
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10 Creepy Real Estate Stories That’ll Make You Gasp With Fear…or Laughter!

Lighter Side of Real Estate

Sometimes the scariest thing in the job of a real estate agent isn’t a mile long inspection report detailing foundation issues, or seeing your buyer pull up in a new car before their mortgage is approved. From the just plain weird to the downright freaky, the crazy situations agents find themselves in would surprise anyone who hasn’t been in the biz.

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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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The originations landscape is shifting – is your business ready?

Housing Wire

Last year saw a record-breaking $3.83 trillion in mortgage originations, according to the Mortgage Bankers Association (MBA), as interest rates plunged, and COVID-19 accelerated an ongoing exodus from cities to the suburbs. While 2021 volume is expected to slow somewhat, the purchase market appears to be on pace to surpass refinances, the MBA said. HousingWire recently spoke with Jon Gerretsen, SitusAMC Managing Director of Residential New Originations and Fulfillment Services, about the home bu

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Toronto and Vancouver Real Estate Is Now Much Less Affordable Than LA, New York

Better Dwelling

Think Toronto or Vancouver real estate is too expensive? Then consider more affordable places like Los Angeles, New York, or San Francisco. Oxford Economics released its North American Housing Affordability Index (HAI) for Q2 2021. The global forecasting firm found affordability has deteriorated across North America. Toronto and Vancouver real estate were in a league […].

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Inside a Ruggedly Stylish Wine Country Hacienda

Sotheby's International Real Estate

Few residential aesthetics are as widely esteemed and emulated as those of Northern California’s wine country, with their rustic materials, serene organic palettes, relaxed but chic furnishings, plentiful light, and emphasis on indoor-outdoor living. This impressive 9,620-square-foot home—which boasts nine bedrooms and interior design by the acclaimed Paul Wiseman of the Wiseman Group—is a bastion of them all, with stalwart wood ceiling beams, stone thresholds, and hardwood flooring fittingly cr

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Mortgage loan-trading platforms prepare for fall in volume

Housing Wire

The historic mortgage boom spurred by the pandemic hasn’t just been a blessing for lenders – the slew of mortgage loan-trading platforms have also reaped the rewards of historic origination volume. But new regulatory actions and rising interest rates threaten to cut the party short if they can’t adapt. The companies behind these platforms – ranging from stalwarts like Black Knight and MCT , to startups such as Maxex and Maxwell – essentially connect lenders and investors, and also ma

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Housing market predictions for 2022: Rates, prices, and inventory

The Mortgage Report

2021 was a tough housing market. Will things improve next year? Read our housing market predictions from 7 real estate experts to find out.

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Tenant Fight Against ‘Predatory’ Investor-Backed Park Slope Landlord Gains Support From Pols

Brownstoner

Tenants battling a private equity-backed landlord on a buying spree across Brooklyn gained a powerful new ally last week when Senate Majority Leader Chuck Schumer signaled his support. The most powerful man in the United States Senate joined tenants just a few blocks from his own apartment on October 15 to… Read More > The post Tenant Fight Against ‘Predatory’ Investor-Backed Park Slope Landlord Gains Support From Pols appeared first on Brownstoner.

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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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Sight-unseen Real Estate Transactions

The Residential Specialist

Buying homes sight-unseen continues to trend, and agents must assist their clients with these purchases. By Andrew Conner. Even before the coronavirus pandemic, more and more homebuyers were buying homes sight unseen. According to Redfin, 63% of buyers made a sight-unseen offer in 2020, almost double the number who did so in 2019. This explosion in sight-unseen offers is due to several factors: better, more comprehensive virtual touring options, an increasingly competitive housing market and mor

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Brooklyn Real Estate Six Months Later: Three Sold, One in Contract

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Midwood Park, Brooklyn Heights, Williamsburg and Park Slope. How did they fare? First in the micro Flatbush nabe of Midwood Park and within the Fiske Terrace-Midwood Park Historic District, this circa 1906… Read More > The post Brooklyn Real Estate Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

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REALTORS® Make Their 2022 Market Predictions

The Residential Specialist

As we head into 2022, agents should be aware of the projected market outlook for the upcoming year. By Michelle Huffman. Whenever clients ask Joe Knab, CRS, when the market is going to slow down, he tells them: “A pandemic didn’t slow the market down, so I’m not quite sure what will.”. The RE/MAX Preferred Group and Cincinnati-based agent’s prediction—shared by agents, economists and researchers alike—is that the 2022 market will look fairly similar to today’s market.

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Mortgage and refinance rates today, Oct. 19, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday. And they’re now at their highest point since June. However, don’t forget that they’re still exceptionally low by historical […].

Mortgages 101
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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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Prospect Lefferts Gardens One-Bedroom With Large Foyer, Closets, Arches Asks $489K

Brownstoner

A location on the first floor may be a positive for some buyers and a negative for others, but either way this one-bedroom in a 1930s Prospect Lefferts Gardens elevator building offers up an generously sized layout. That includes four closets, a spacious foyer, an eat-in kitchen and a bedroom… Read More > The post Prospect Lefferts Gardens One-Bedroom With Large Foyer, Closets, Arches Asks $489K appeared first on Brownstoner.

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Ask Brian: How Can I Modernize My Home for Little Money?

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 Zandar in NJ: Hey Brian. I’m the new owner of an old home. I’m on a very tight budget but I want to start modernizing this old house.

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Daily Links: Pricey New East New York Bus Command Center With Leaks, No Heat Sits Empty

Brownstoner

In the News Brooklyn Academy of Music Plans a New York-Focused Season [NYT] New $86 Million East New York Bus ‘War Room’ Falling Apart, Empty [NYP] Thousands Show Up For Event Showcasing Gowanus Artists [Patch] Has NYC’s Black Population Really Declined? [BK Reader] The Murders Down the Hall in Brownsville [NYM] Green Chile Cheeseburgers at Williamsburg's… Read More > The post Daily Links: Pricey New East New York Bus Command Center With Leaks, No Heat Sits Empty appeared first on Brow

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Halloween Events Happening This October

Waterfront Properties

Halloween is less than two weeks away and many Halloween events and parades have returned to South Florida this year after being postponed last Halloween. Here are just some of the great Halloween events happening this year. Palm Beach County Boo at the Zoo: Wednesday, October 27th from 11 am to 5 pm at The Palm Beach Zoo. Tickets are required. Franken Fountain Light Show: Thursday, October 28th at the Centennial Foundation on Clematis Street.

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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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How to Flip a House: A Beginner’s Step-by-Step Guide

Point2Homes

Image: PowerUp / Shutterstock.com. So, you’ve decided to enter the exciting world of house flipping. You’ve done your research, considered the pros and cons , and you’re ready to give it a go. But where exactly do you start? In this guide, we’ll take a look at the key steps you’ll need to take to flip your first house. Find a Property. When looking for houses to flip , it’s important to think like an investor, not a homebuyer.

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Single-Family Starts Flat in September

Eye on Housing

Total housing starts decreased 1.6% in September, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family starts were flat for the month, while overall multifamily starts declined in August. The August total starts reading of 1.56 million starts is the number of housing units builders would begin if development kept this.

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Top CRS Real Estate Producers

The Residential Specialist

This year, we highlight top-producing CRSs during a tumultuous period in the real estate industry. CRS Designees are the best real estate agents in the industry. Here, we highlight our top producers* who have shown tremendous growth over the past year and how they continue to thrive despite market volatility. *Recorded sales numbers as of September 2021.

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How Videos can Boost Your Real Estate Sales

Realty Biz

Depending on the available statistics, discussing how using videos can boost your real estate sales is a challenging prospect. We do know video marketing is a proven strategy for most businesses but is it relevant enough for realtors? Here are some generic numbers to consider: More than 85% of businesses use video as a marketing tool; 93% of marketers who use video say that this is an integral part of their marketing strategy; 86% of video marketers testify that video has increased the traffic t

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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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Commissions: Steering our way into trouble

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: Commissions: Steering our way into trouble. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Okay, here we go again. A few years ago we had the Competition Bureau down our throats telling us about our anti-competitive behaviour.

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Everything We Know About The Weeknd’s Extravagant $70 Million Bel-Air Mansion

Fancy Pants Homes

Abel Tesfaye, more popularly known as The Weeknd, recently made headlines not for his usual chart-topping music but for his latest real estate purchase. The R&B superstar dropped a cool $70 million dollars for a luxurious Bel-Air mansion, making it one of the most expensive deals closed in Los Angeles this year — and earning him a spot in our list of most expensive celebrity homes in recent history.

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The Value of Customer Connections: AppFolio Chief Marketing Officer Aimee Miller Shares Her Experience From This Year’s Customer Conference

App Folio

We just wrapped up our ninth annual AppFolio Customer Conference, where we virtually hosted thousands of our customers from all.

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Important Steps to Remember When Moving Out of State

RISMedia

By Meghan Belnap Over the past year, more and more Americans have begun to expand their horizons when it comes to their careers and families. That horizon will often expand beyond their state's borders and into another state. Moving is stressful enough, but moving out of state can be a nightmare. Related: Tips for Moving […]. The post Important Steps to Remember When Moving Out of State appeared first on RISMedia's Housecall.

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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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Understanding Real Estate Market Trends

CT Homes

The real estate market has a habit of being a reflection of its era, a timeless indicator of economic and social prosperity. For first-time homebuyers or real estate investors looking to make educated business decisions, understanding the ebbs and flows of the real estate market can be resourceful when choosing to move forward with a real estate investment or conduct real estate transactions.

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Built in 1646, a Rare First Period House Is the Week’s Oldest Listing

Realtor.com

We don't often encounter the architectural style known as First Period. The probable reason? There simply aren't many First Period homes still standing. The post Built in 1646, a Rare First Period House Is the Week’s Oldest Listing appeared first on Real Estate News & Insights | realtor.com®.

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Declining Inventory & More Sales

BubbleInfo

We keep hearing people say that the inventory is rising……… but is it? Bill’s chart shows how different the San Diego inventory is compared to all the others: Ten of his 22 metros did have increases in their inventories, month-over-month! But MOST had declines, with San Diego being the leader – by far. The San Diego […].

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Smaller Is Better: Here Are America’s Top 10 Emerging Real Estate Markets

Realtor.com

These are the top real estate markets for homebuyers and investors in the third quarter of this year that are poised for more growth. The post Smaller Is Better: Here Are America’s Top 10 Emerging Real Estate Markets appeared first on Real Estate News & Insights | realtor.com®.

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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.