Housing Wire

JUNE 9, 2021

Federal Reserve Chairman Jerome Powell recently observed that across all kinds of financial services, activities that had once been principally the province of banks have moved into the nonbank sector, including IMBs. In discussing whether more financial institutions should have a duty to serve the capital and credit needs of lower-income communities — an obligation akin to that of banks under the Community Reinvestment Act (CRA) — he said that generally “ like activities should have like

Banks 507

Banks Lending Loans Principal 507

Keeping Current Matters

JUNE 9, 2021

Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for housing is up while the supply of homes for sale hovers at historic lows.

As-is 325

As-is Residential Finance Sales 325

Housing Wire

JUNE 9, 2021

For the third week in a row, mortgage applications decreased. Mortgage applications fell 3.1% in the week ending June 4, and refis took the biggest dip, according to the latest report from the Mortgage Bankers Association. “Most of the decline in mortgage rates came late last week, with the 30-year fixed-rate mortgage declining to 3.15 percent,” said Joel Kan, the MBA’s vice president of economic and industry forecasting.

Fixed-rate mortgage 450

Fixed-rate mortgage Mortgages Loans Industrial 450

Better Dwelling

JUNE 9, 2021

The most important book on Canadian real estate you’ll read this year isn’t about demographics or interest rates. It’s investigative journalist Sam Cooper’s new book, Wilful Blindness: How A Network of Narcos, Tycoons and CCP Agents Infiltrated The West. The controversial best-seller outlines how business tycoons and China set out for a power grab 40 […].

Agents 145

Agents 145

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Housing Wire

JUNE 9, 2021

As the appraisal industry struggles to meet demand, Voxtur has developed a solution to streamline the process. HousingWire recently spoke with Jim Albeertelli, CEO of Voxtur, about the company’s r ecent acquisition and launch of an automated workflow management platform for the global market. HousingWire: What can the industry at large do to support the work of appraisers right now?

Technology 397

Technology Lending Development Industrial 397

Housing Wire

JUNE 9, 2021

TIAA Bank is selling its correspondent lending platform to Pentagon Federal Credit Union for an undisclosed amount of money. The deal represents the latest mortgage space exit for the Jacksonville-based financial firm. TIAA Bank has laid off more than 200 workers over the past six months as it pivots away from mortgage servicing. In 2019, the lender announced that it would leave the retail channel, barely three years after it acquired EverBank for $2.5 billion in cash.

Banks 370

Banks Lending Loans Mortgages 370

Realty Biz

JUNE 9, 2021

As the business world works to recenter itself in the wake of this unprecedented COVID-19 crisis, innovative leadership will prove to be the most important competitive differentiator in the years to come. With this in mind, we reached out to Jennifer Marchetti , who is the Chief Marketing Officer for the Realogy Expansion Brands portfolio, including Better Homes and Gardens® Real Estate and ERA®.

Branding 133

Branding Marketing Agents Development 133

Jason Fox

JUNE 9, 2021

How To Boost Local SEO For Real Estate Agents [Ultimate Guide]. WHAT IS LOCAL SEO FOR REAL ESTATE AGENTS? If you are a real estate agent there is no doubt that you have been successful at, invested in or thought about building your online web presence and your local SEO search results. (MOZ Local SEO Ranking Factors Survey) The idea of having people.

Agents 119

Agents Marketing 119

Realty Biz

JUNE 9, 2021

Paint is getting harder to come by, and that’s likely to have an impact of people aiming to do summer home improvement projects. It’s also delaying the construction of new homes, as builders are forced to wait for supplies of more paint. The paint shortage is primarily due to the COVID-19 restrictions that have led to major disruptions of supply chains in various different industries, experts say.

Construction 128

Construction Industrial Design As-is 128

Advertisement

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.

Development

Eye on Housing

JUNE 9, 2021

The first quarter 2021 Home Building Geography Index (HBGI) showed that single-family home building continued to shift to low-density and low-cost markets, a trend stemming largely from the COVID-19 pandemic and first reported in the second quarter of 2020. However, this suburban shift has been even more pronounced in the multifamily sector, which is experiencing growth in 2021 after a.

Construction 119

Construction Marketing 119

Realty Biz

JUNE 9, 2021

Maybe everything is returning to normal, or maybe we are still defining a new normal. What is certain is that the economy is changing. One area to keep a close eye on is whether the current surge of inflation will also bring a surge in mortgage interest rates. There is a very good reason to watch this metric because the rate of inflation traditionally remains below the rate for a 30-year mortgage.

Mortgages 117

Mortgages Fixed-rate mortgage Banks Lending 117

RIS Media

JUNE 9, 2021

Most markets are currently experiencing extreme inflation and home price appreciation. Depending on where you live, your market may be increasingly challenging for homebuyers due to low housing inventory and high demand. Buyers tell stories of bidding wars, making offers on 50 homes and still not “winning the bid” against competing offers. Buyer’s agents resort to tactics like songs and flower deliveries to make themselves more memorable and attractive to home sellers.

Technology 116

Technology Agents As-is Marketing 116

Better Dwelling

JUNE 9, 2021

Even lumber executives are now telling people they should wait for costs to fall. Kyle Little, CEO of Sherwood Lumber, told CNBC he expects lumber prices to drop over the next year. The executive even encouraged people to wait before building those discretionary projects. Wait For Lumber Prices To Fall… If You Can Discretionary building […].

113

113

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.

Industrial

The Mortgage Report

JUNE 9, 2021

Today’s mortgage and refinance rates Average mortgage rates nudged lower yesterday, as expected. It was in line with the small daily variations we’ve grown used to recently. First thing, there […].

Mortgages 111

Mortgages 111

Better Dwelling

JUNE 9, 2021

Canadian real estate prices are rising, but no where is quite like Ontario right now. Canadian Real Estate Association (CREA) April data shows up to 50% annual price growth in the province. Every major market has seen composite home prices rise at least $100,000 since last year. It doesn’t matter if it’s in a big […]. The post Canada’s Property Bubble Pushed Ontario Prices To Grow Over 30% In All But 3 Markets appeared first on Better Dwelling.

Marketing 108

Marketing 108

Brownstoner

JUNE 9, 2021

Mayor Bill de Blasio said he will unveil a plan to fix the crumbling Brooklyn-Queens Expressway’s triple cantilever on the Brooklyn waterfront in the coming weeks, but added that a larger long-term transformation of the beleaguered highway corridor will be up to his successor. “Job one is to protect the triple… Read More > The post Mayor Pledges BQE Cantilever Repair While Full Fix Is Delayed appeared first on Brownstoner.

Renovation 105

Renovation 105

Realtor.com

JUNE 9, 2021

Getty Images People generally spend way more time than they’d like doing laundry. Between the sorting, washing, transferring to the dryer, then folding or ironing, it adds up and can feel like a never-ending chore. It’s no surprise, then, that home buyers want a nice place to spend all that time. According to a survey conducted by the National Association of Home Buyers in 2019, 91% of first-time home buyers wanted a room or area clearly devoted to laundry activities.

Design 105

Design Agents Sales Marketing 105

Advertisement

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.

Brokerage

Realty Biz

JUNE 9, 2021

Austin remains the hottest housing market in the nation, with the vast majority of its homes selling way above their list price, new data published by Redfin shows. All told, 74% of homes in Austin during April sold for above list price, the study found. Moreover, the metro area saw the fastest price growth in all of the U.S. during that month. The housing market in Austin has been red-hot since the start of the year as technology workers flock to the area, Redfin said.

Marketing 104

Marketing Finance Loan Officer Sales 104

BubbleInfo

JUNE 9, 2021

Here’s our two-week check on how the actives and pendings are faring. The Big Three areas (Carmel Valley, Encinitas, and SE Carlsbad) remain blistering hot, and overall we are similar to how Ryan described the Sacramento market yesterday: “We were driving 135 MPH, and now we’re down to 127 MPH” NSDCC Actives and Pendings Town […].

Marketing 103

Marketing 103

Realty Biz

JUNE 9, 2021

Engel & Völkers today announced the launch of its third yachting shop in the Americas, located in Naples, FL and led by license partner Paul Benson, along with Walter Johnson and Leeann Iacino the shops’ president and chief operating officer respectively. Benson, Johnson and Iacino launched Engel & Völkers’ first yachting shop in the Americas in January 2020 in Newport Beach, followed by an expansion into Sausalito shortly thereafter.

Branding 101

Branding Staging Brokerage Closing 101

Sotheby's International Real Estate

JUNE 9, 2021

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??. Auburn, California | Nick Sadek, Nick Sadek Sotheby’s International Realty . This meticulously designed, Tuscan-inspired estate brandishes elegant and timeless style, thoughtful amenities all with green, solar efficiency in mind.

Design 101

Design 101

Advertisement

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.

Agents

RIS Media

JUNE 9, 2021

[link]. The post How to Get Your Deck Summer Ready appeared first on RISMedia.

98

98

Brownstoner

JUNE 9, 2021

A residential tower is currently soaring toward its eventual 20 stories near a busy intersection in Brooklyn Heights Located at 200 Montague Street near the corner of Court Street in the Borough Hall Skyscraper Historic District, the building has reached 10 stories. It takes the place of a modern-style four-story bank… Read More > The post A 20-Story Montague Street Tower Hits the Midway Mark in Brooklyn Heights appeared first on Brownstoner.

Residential 98

Residential Banks Equity Development 98

RIS Media

JUNE 9, 2021

Above: Front lobby of Fathom Realty’s corporate office in Cary, North Carolina. Since going public on the Nasdaq (FTHM) at the end of July 2020, Fathom Holdings has acquired a title company, a mortgage company, an insurance company, a lead generation business, two technology companies and completed a brokerage acquisition. Fathom Realty CEO Josh Harley weighs in on the brokerage’s recent moves.

Brokerage 98

Brokerage Technology Title Agents 98

First Team Real Estate

JUNE 9, 2021

If you’re ready to buy a new home and struggling to find something you like, chances are you’re wondering, “When will the housing shortage be over?” – and you’re not alone. It’s not just a California housing shortage, the entire country is experiencing extremely low inventory on the real estate market. The housing market has turned into a feeding frenzy of home buyers fighting over an extremely limited number of homes for sale and a lot of house hunters are wo

Lending 98

Lending Equity Loans As-is 98

Advertisement

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.

Agents

RIS Media

JUNE 9, 2021

[link]. The post DIY Cleaning With White Vinegar appeared first on RISMedia.

98

98

Toronto Realty Blog

JUNE 9, 2021

TorontoRealtyBlog. Here’s an interesting proposition for you… There’s a downtown condominium that has a suspect history, but which now has a clean bill of health. The sale prices in this building have been significantly impacted as a result of the “stigma,” but the rental prices have not. Let’s say that a 420 square foot, 1-bed, 1-bath in this building sells for $440,000 and rents for $1,650.

Marketing 98

Marketing As-is Closing Investor 98

RIS Media

JUNE 9, 2021

[link]. The post How to Repurpose Old Mason Jars appeared first on RISMedia.

98

98