Eye on Housing
JANUARY 18, 2022
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built single-family homes moved one point lower to 83 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Housing Wire
JANUARY 18, 2022
Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And the company claims that there is already a waitlist for the product. According to Milo’s press release , clients who use the company’s services can pledge their Bitcoin to purchase a property. The company notes that this way, homebuyers can continue to own their Bitcoin and diversify into real estate, while potentially pocketing the price appreciation of both.
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Keeping Current Matters
JANUARY 18, 2022
As you plan out your goals for the year, moving up to your dream home may top the list.
Housing Wire
JANUARY 18, 2022
Anthony Hsieh, the CEO of loanDepot , has been buying some pricey real estate in Florida, pushing his portfolio of properties to over $150 million. As was first reported by the The Real Deal , Hsieh has dropped approximately $50 million dollars on two properties located in Miami since the start of this year. He paid $30 million for a waterfront mansion on Star Island — a man-made island in Biscayne Bay, infamous for attracting rich and famous homebuyers — and $19.5 million for a condo in Miami.
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Better Dwelling
JANUARY 18, 2022
Canada’s central bank has been going Brrr, and it’s not because of the frigid winters in Ottawa. Bank of Canada (BoC) data shows that the money supply is still expanding rapidly in October. The M2++ money supply hit peak annual growth last year, reaching the highest level since the 1980s. The latest numbers show over […]. The post Over 1 In 5 Canadian Dollars Created Didn’t Exist Two Years Ago appeared first on Better Dwelling.
Housing Wire
JANUARY 18, 2022
Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in December from 1.67% in November , according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 51 basis points to 3.43%.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 18, 2022
About five years ago, Linthicum, Maryland-based NFM Lending was looking for a way to shift from sporadic donations to service members to a dedicated effort that regularly recognized their sacrifice. Their answer was the creation of the NFM Salute, an initiative in which one military member or veteran is selected each month to be honored as the “Salute of the Month.” .
The Mortgage Report
JANUARY 18, 2022
Is it cheaper to build or buy a house? Endless variables can change the answer. But this article can help you weigh the costs and benefits of both options.
Maximum Exposure Real Estate
JANUARY 18, 2022
Are Fixes Mandatory For A Seller After an Inspection? Many potential buyers ask if a seller must make fixes after a house inspection. The answer is no. There are no mandatory repairs for a home seller after the home inspection. There are no legal requirements for a seller to change their property when selling. It […]. The post What Problems Must Be Fixed After a Home Inspection appeared first on Massachusetts Real Estate Exposure.
Sotheby's International Real Estate
JANUARY 18, 2022
Provenance can infuse a home with a special magic. In a neighborhood of stately old brownstones lies this charming, cheerful bijou with its own unique story: American petroleum executive, entrepreneur, and bon vivant Armand Hammer bought these two structures—a 19th-century carriage house and an early-20th-century artist’s studio—transforming them into one enchanting residence.
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.
Realty Biz
JANUARY 18, 2022
A survey by Zillow has found that economists and housing experts are split on what’s in store for the residential real estate market in 2022, with around half predicting that home sales will rise, and the others believing sales will decline. graph in a paper with wooden houses. The confusion is due to worsening housing affordability and uncertainty over whether or not housing inventory will grow this year or remain low.
The American Genius for Real Estate
JANUARY 18, 2022
(EDITORIAL) Our minds are plagued with uncertainty as the pandemic reshapes all sectors, but this unique insight helps us to see the clear path forward. The post Decades in the making, real estate’s innovation propels industry through pandemic, into the future appeared first on The American Genius Real Estate.
Brownstoner
JANUARY 18, 2022
This sprawling prewar apartment in one of the grandest prewar apartment buildings in Brooklyn has a library, views, wood burning fireplace and windows on four exposures. It also has four bedrooms, three bathrooms and plenty of nooks and crannies, including a laundry room. In the historic district not far from the… Read More > The post Grand Brooklyn Heights Prewar With Library, Fireplace, Herringbone Asks $6.25 Million appeared first on Brownstoner.
Point2Homes
JANUARY 18, 2022
Image: Vitalii Vodolazskyi / Shutterstock.com. If you’ve ever asked yourself how much mortgage you can afford , getting prequalified is one of the first ways to find out. The process is actually pretty quick and easy, and you don’t really have anything to lose. It is worth understanding exactly what a mortgage prequalification is, though, so with that in mind, let’s find out more.
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BubbleInfo
JANUARY 18, 2022
We received the five offers and completed the highest-and-best round with all. On the way over to the sellers’ house to discuss the results with them in person, Offer #6 arrives by email – and it’s all-cash with an escalation clause, which makes it a real contender. We have a horse race now! Most agents […].
Hank Miller Team
JANUARY 18, 2022
The curtain fell on 2021 and the housing market report for greater Atlanta can be succinctly summed up; crazy. In addition the last quarter being traditionally slow, the big influences on the market were inflation levels unseen in 40 yrs, supply chain shortages, labor issues and of course the rise and run of the omicron covid variant. That is best described as an endemic; like the flu it's evident that the covid situation isn't going anywhere.
RIS Media
JANUARY 18, 2022
Better Homes and Gardens Real Estate LLC has announced the affiliation of Better Homes and Gardens Real Estate Bloom Group based in Visalia, Calif. Established in 2015, the firm is led by Borna and Saba Binesh. Borna grew up in Visalia, started his real estate career in 2006 and later earning his broker’s license. Saba began her career in Vancouver, Canada before relocating to Visalia.
Lighter Side of Real Estate
JANUARY 18, 2022
Whether you were actively trying to buy a house in the past year or two, or just keeping an eye on the market, you know it’s been tough for buyers to even buy a house, let alone get a deal on one. If you’ve been hoping things would finally loosen up and swing in the favor of buyers, it doesn’t appear to be any time soon. According to this Fortune article , it’s going to be another “brutal” spring real estate market.
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.
RIS Media
JANUARY 18, 2022
“Do this and get 10 new leads in a week!” “This one simple tip will 4X your seller leads!” “Saying this one thing will land you 5 listing appointments in a week!”. Do these promises sound too good to be true? They probably are. Yet, as a real estate agent, you probably get multiple emails guaranteeing these results every day. It is easy to get distracted by the flashy tactics and the bold claims.
Point2Homes
JANUARY 18, 2022
Image: Natali Kuzina / Shutterstock.com. House plants are a fantastic way to liven up your home decor by adding a natural touch and a splash of color to any room. However, if you’re a pet owner, you’re probably aware that some plants are toxic to your furry friends. The good news is that there are plenty of safe options that look stunning. So, check out our top picks for pet-friendly house plants.
RIS Media
JANUARY 18, 2022
Is iBuying here to stay? Over the past two years, that’s been a popular question as industry pundits debated the future of large-scale algorithmic home-flipping in real estate during a time where tech and innovation were on the rise. Real estate experts and leaders are convinced that there is a longstanding place for iBuying in the industry, despite skepticism around the sector, especially following the demise of Zillow Offers. .
Brownstoner
JANUARY 18, 2022
The shuttered flagship location of Bay Ridge-born department store Century 21 has been given temporary new life as the sprawling building gears up to serve as a city-operated Covid-19 self-testing site, opening this weekend. “We needed this site and we needed it badly,” said Bay Ridge Councilmember Justin Brannan in a… Read More > The post City Opens Covid Testing Site in Bay Ridge’s Iconic Former Century 21 Store appeared first on Brownstoner.
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.
RIS Media
JANUARY 18, 2022
A new report released by Luxury Portfolio International (LPI) found that the chaotic real estate market created by COVID-19 is slowly stabilizing. The second annual State of the Luxury Real Estate report by LPI, the luxury marketing division of Leading Real Estate Companies of the World, found that luxury buyers are concentrating more on what is important to them—better and more convenient locations, making wise investments and a focus on sustainability.
Brownstoner
JANUARY 18, 2022
In the News For Two Williamsburg Roommates, the Fine Print Held a Big Surprise [NYT] Girl Fatally Struck by School Bus in Brooklyn Hit-and-Run, Cops Say [NYP] Omicron Continues Rampage, Though Test Lines, Case Counts Drop [BP]. Meet the Bushwick Dog Owner Fighting the Poop Problem [BK Reader] Has a Heights Sign Guiding Visitors… Read More > The post Daily Links: Omicron Surge Starts to Ebb in New York City appeared first on Brownstoner.
RIS Media
JANUARY 18, 2022
As real estate teams expand, they often experience a variety of growing pains. Many face challenges in the hazards of scaling or struggle to gain efficiency as a larger team. But one of the most common (and least talked about) problems team leaders face with growing teams is retaining top producers. There are many reasons these agents might want to leave a team.
Waterfront Properties
JANUARY 18, 2022
Sandoway Discovery Center is in a historic 1936 beachfront home in Delray Beach. The original structure is on the National Register of Historic Places. It is now preserved as a unique Nature Center now and is home to native plants, live animals, and a world-class shell collection. The Center offers a glimpse into South Floridas fragile marine and freshwater environments through educational exhibits and programs.
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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.
RIS Media
JANUARY 18, 2022
NAR PULSE—Watch what happens when first-time buyers, guided by the expertise of a REALTOR®, search for their dream home. Stream “First-Time Buyer” now on Hulu and FirstTimeBuyer.realtor. Share with your agents ! 2023 NAR Leadership Academy Application Period. NAR is now accepting applications for the 2023 Leadership Academy Class. This program identifies, inspires, and mentors emerging leaders from the local and state association level, and allows future leaders to experience multiple facets of
Realtor.com
JANUARY 18, 2022
HGTV Erin and Ben Napier of “Home Town” have done some massive makeovers, but these HGTV stars also know that not every homeowner can afford to renovate every room. The solution, then, is to focus on certain upgrades that don’t cost much, but can have a big impact. In the episode “One Space at a Time,” Erin and Ben work with Donelle , a city inspector who often inspects the houses that Erin and Ben renovate.
RIS Media
JANUARY 18, 2022
Curbio, Inc., a pay-at-closing home improvement solution for real estate agents, brokerages and home sellers, has announced a $65M Series B funding round to support continued growth in the untapped market for fix first, pay-at-closing home improvement. Curbio has raised a total of $93M since its founding in late 2017. Curbio is the first tech-enabled home improvement solution designed specifically to get homes on the market fast and sold for top dollar with no payment due until the home sells.
Eye on Housing
JANUARY 18, 2022
Over the first eleven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 1,029,208. On a year-over-year (YoY) basis, this is a 15.9% increase over the November 2020 level of 888,217. Year-to-date ending in November, single-family permits increased in all four regions. Southern region reported the strongest increase of 17.6%, followed by Northeast (+15.8%), West.
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.
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