Wed.Jun 09, 2021

IMBs have a duty to serve lower-income communities

Housing Wire

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.

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Home Price Appreciation Is as Simple as Supply and Demand

Keeping Current Matters

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.

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Mortgage applications are thinning as summer approaches

Housing Wire

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.

61 safety tips every real estate agent should read

Inman

As a real estate agent, it’s imperative that you keep safety in the forefront of your mind. Here are 61 safety tips I've compiled over the years. Some will seem stunningly obvious; others may be new to you. Even if you've heard everything repeated endlessly, please take the time to read through it.

Agents 154

How to reduce appraisal turn times and improve the borrower experience

Housing Wire

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.

Market Wisdom from Realogy Expansion Brands CMO Jennifer Marchetti

Realty Biz

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.

More Trending

Helping Homebuyers Navigate High Prices and Low Inventory

RIS Media

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.

HBGI Shows Suburban Shift for Multifamily Construction

Eyes on Housing

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.

New Book Dives Into Canadian Real Estate, Gangs, Laundering, and Corrupt Officials

Better Dwelling

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.

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5 Stress-Free Tips to Settle Into Your New Home Build!

Homes.com

Moving into a new home build can be exciting, but also extremely overwhelming. These 5 tips will help you enjoy the process and get settled in stress-free! The post 5 Stress-Free Tips to Settle Into Your New Home Build! appeared first on Homes.com.

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Amid housing shortage, investors double down on prefab startups

Inman

Construction startups have raised $1.5 billion since the start of this year as builders rush to address the shortage, according to Crunchbase. Design Markets & Economy Crunchbase housing shortage investors modular homes prefab prefabrication Prescient Veev

Now we have a paint shortage to deal with too

Realty Biz

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.

Corcoran Group

Inman

We’re sharing our power as New York City’s #1 brokerage* with affiliate partners across the country—and soon, around the world. Inman Expo Sponsored

How Inflation Can Affect Mortgage Rates

Realty Biz

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.

Inman Interactive: Explore where US housing costs are highest

Inman

This interactive map compares the costs for a typical homeowner in each county in the nation, beyond the principal and interest on their loan. Data Mortgage Select affordable counties american community survey home insurance housing costs interest mortgage Principal property taxes utilities

Loans 93

George Scorsis: Medical pot bolsters real estate in states like Florida

Realty Biz

Many proponents of pot legalization were dismayed by the Florida Supreme Court’s recent decision to shelve a ballot measure that would have allowed Floridians to vote on recreational sales. But medical marijuana, which Florida voters approved in 2016, continues to be a major economic boon for U.S.

The Best Ways To Improve Your Laundry Room Based on How Much Time You Have

Realtor.com

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.

Todd Rundgren

BubbleInfo

This is almost ten years old now: [link]. Wednesday Rock Blogging

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Judge to REX: Stop calling NAR, Zillow a ‘cartel’

Inman

A judge also denied REX's request for a preliminary injunction against NAR and Zillow. REX asked for the injunction after arguing that it was the victim of anticompetitive practices.

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So, the Seller Didn’t Complete Repairs Before Closing. Now What?!

HomeLight

After all the work you’ve put into finding a home, closing on it is supposed to be a celebration. However, nothing will rain on your parade as hard as the house not actually being ready on closing day because the seller did not complete repairs before closing that they agreed to handle.

Offerpad sees dip in revenue as it preps for public debut

Inman

The iBuyer's revenues were down year over year, but up compared to the end of 2020. The company is also nearing completion of a merger that will allow it to begin publicly selling shares.

Mortgage and refinance rates today, June 9, 2021

The Mortgage Report

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 […]. Mortgage Rates Now

Deciding on the face of your brand? 3 points to consider

Inman

Real estate is an industry based on facial recognition. When you ask people, “Who sold your home?” they almost always answer with their agent’s name — not the brokerage they work for. Here's what to think about when putting a face to your brand.

High price growth makes Austin the nation’s hottest housing market

Realty Biz

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.

Share of LGBTQ buyers and sellers hasn’t grown since 2015: NAR

Inman

The share of LGBTQ homebuyers and sellers has remained at 4 percent since 2015, according to NAR. Lower household incomes and less access to affordable housing are two of the largest barriers.

How To Boost Local SEO For Real Estate Agents [Ultimate Guide]

Jason Fox

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.

The New Normal: What if your CRM is big tech’s next target?

Inman

Innovation happens in small spaces, which is why so many smaller CRMs are able to essentially put agents’ business on autopilot. But as agents become more and more entrenched in their tech, their CRM is becoming ripe for acquisition.

Rose City Park Updated Classic

The Living Room

A classic home with vintage features; wood floors, built in hutch, fireplace with mantle and built-ins, original moldings and big windows that let the light flow in. Updated kitchen with white maple cabinets, spice pantry, eating nook and SS appliances.

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Mortgage applications slump as demand for refinancing wanes

Inman

Demand for mortgages slipped last week as requests to refinance slowed, outweighing the impact of a slight increase in purchase loan applications. Markets & Economy Mortgage Joel Kan mortgage applications mortgage bankers association mortgage rates refinance

Loans 83

Bonny Slope Craftsman Sold

The Living Room

Another gorgeous sale and close in the books for 2021! I adore these clients and helping them achieve their real estate goals. After receiving multiple offers, this home sold after 3 days on the market. We received the first offer in the first 12 hours on the market.

Pacaso launches grant equity referral program

Inman

Real estate agents, Pacaso employees and homeowners will receive 500 restricted stock units for every closed referral. Program members can cash in on their RSUs once Pacaso goes public or is sold.

Milwaukie: One of Portland’s Hidden Gems

The Living Room

Milwaukie is one of Portland-metro’s hidden gems. There is so much to see and experience. The small business community that has grown over the years is nothing short of amazing. Whatever you like to do, you will always be able to find something that you will enjoy.

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Looking for leads? Tap into these digital door-knocking strategies

Inman

Combining these digital door-knocking tips with geo-fencing practices will give you a significant edge over those who are relying on more traditional digital or print marketing strategies.

Short Walk to Food Heaven

The Living Room

Ever have so many food cravings you had no idea where to go to satisfy them all? A quick walk to Rose City Food Park is all it takes to get those salivary glands working in overdrive. Are you a BBQ fan? Look no further than Bark City BBQ a Texas BBQ spot that will leave you thinking about them.

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