Mon.Mar 08, 2021

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Will higher mortgage rates cool the housing market?

Housing Wire

Can you smell it in the air? America is back! The last plank required to complete the foundation of my “America is Back Economic Recovery” model was for the 10-year yield to start trading in the range of 1.33% to 1.60%, and as of Feb. 16, this has happened. Higher treasury yields have pushed mortgage rates higher, but will higher rates cool the housing market?

Mortgages 537
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5 Reasons to Sell Your House This Spring

Keeping Current Matters

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to sell your house if you’re ready. 1. There’s high demand from homebuyers.

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Is Q1 the last quarter to ride the refinance wave?

Housing Wire

Lenders may have one last quarter to ride the market’s massive refi wave after Monday data from Black Knight’s Mortgage Monitor Report revealed that despite rising interest rates, Q1 2021 refinance lending volumes are poised to remain near last quarter’s meteoric high. “Roughly 2.8 million homeowners refinanced their mortgages in the last quarter of 2020, which saw a record-breaking $869 billion in refinance lending,” said Ben Graboske, Black Knight’s president of data and analytics.

Lending 433
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Even Foreign Real Estate Buyers Are Dumping Vancouver For The Suburbs

Better Dwelling

Greater Vancouver real estate, once a hot commodity for foreign buyers, is losing appeal. BC’s non-resident homebuyers made a sharp decline in January. That might be a one-off, but last year’s numbers still show a modest drop in foreign buyers. There is an interesting shift in buying behavior though. Greater Vancouver is seeing a smaller […].

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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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Forbearance exits more like a drip than a wave last week

Housing Wire

The total number of mortgages in forbearance fell three basis points in the last week of February, down to 5.2% on the back of a slight increase in forbearance exits , the Mortgage Bankers Association reported on Monday. At the current rate, the trade group estimates 2.6 million homeowners are still in some form of forbearance. Of those who are, more than 12% were current at the end of February, down somewhat from roughly 14% at the end of January.

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Rocket Pro TPO finally reveals broker origination volume

Housing Wire

For the first time in its history, Rocket Mortgage has revealed the amount of business it does in the broker space. The disclosure comes just days after United Wholesale Mortgage issued an ultimatum to mortgage brokers, telling them that they could not partner with Rocket or Fairway Independent Mortgage Corp. and continue to do business with UWM. The rest of this content is for HW+ members.

Mortgages 491
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Need a Loan To Build a Home? How Construction Loans Work

Realtor.com

When you buy a home, you can usually rely on a standard mortgage to pay for it. But when you build your home from the ground up, a regular mortgage may not suffice. Instead, you might need a construction loan. In this installment from our Guide to Building Your Own Home , we’ll cover everything you need to know about construction loans. Read on to learn how home construction loans work, how they differ from conventional mortgages, what you need to qualify, and what happens once your home b

Loans 120
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Savvy lenders are already preparing for the next valley – Here’s how

Housing Wire

For many in the housing industry, the events of 2020 accelerated tech adoption. Despite the increased pace, the industry as a whole still has room for continued tech development and usage. HousingWire sat down with Renata Sheyner, vice president of product at CreditXpert, to learn more about key technologies that lenders need to give more attention to.

Lending 411
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Sea Turtle Nesting Season Has Begun 2021

Waterfront Properties

The Sea Turtle Nesting Season has officially begun in South Florida. Researchers at the Loggerhead Marinelife Center have begun keeping an eye for the return of sea turtles nesting along the beaches in Northern Palm Beach County. The center has kicked off its “Respect the Locals” awareness campaign for beachgoers to be on the lookout for sea turtle nests.

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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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Realtor expert insights: PropTech’s invasion into traditional real estate

The American Genius for Real Estate

(EDITORIAL) Proptech ended 2020 with a total of $23.8 billion of investment in the real estate segment, introducing an array of services across the Brokerage, Title, and Escrow sector. Let's discuss. The post Realtor expert insights: PropTech’s invasion into traditional real estate appeared first on The American Genius Real Estate.

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Real Estate Marketing Strategies That Will Bring Results

Realty Biz

There seems to be no lack of futuristic ways to sell commercial property in today’s rapidly changing digital platforms. However, getting in front of the right clients is becoming more daunting, much like any other online business. Real estate agents and homeowners understand that it is critical to turn to experts to assist them in this highly competitive and complex digital marketing arena.

Marketing 111
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The Best Kinds of Boxes For Moving and Storage

Maximum Exposure Real Estate

Choosing the Best Kinds of Boxes for Moving Do you need moving boxes? As moving day approaches, you need to make sure you have the best kinds of boxes for moving. If you want to make sure your possessions are protected, and I’m sure you do, your choice of moving boxes can make the difference […]. The post The Best Kinds of Boxes For Moving and Storage appeared first on Massachusetts Real Estate Exposure.

Marketing 106
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Clubhouse for Realtors: How to Use the Hottest New Social App

Realty Biz

Clubhouse is the app taking the social media world by storm right now. It’s an audio-only platform where users can host live discussions that other people can join. The use of Clubhouse has exploded over the past few months. During that time realtors have figured out ways to use it to achieve results such as: Getting more referrals Growing social media followings Building a personal brand.

Branding 110
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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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Old Hollywood Glam Meets Modern Designer Interiors in this $3.6M Spanish Villa

Fancy Pants Homes

In the hills above LA’s iconic Sunset Strip sits a 1925-built Spanish Villa steeped in Hollywood history. But there’s not much left to give away the property’s century-old history, as the home has been completely re-imagined by celebrated decorator and AD100 designer Brigette Romanek, who turned it into a light-filled refuge for the modern age.

Design 105
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Inventory Watch

BubbleInfo

The new NSDCC listings coming on the market have slowed up over the last two weeks – only 54 and 43. Last year at this time we had 79 and 106! We also had 12% fewer pendings! Week New Listings New Pendings Total Pendings Feb 1 55 74 306 Feb 8 45 66 316 Feb […].

Marketing 105
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‘Baywatch’ Star Pamela Anderson Selling Malibu Colony Home for $14.9M

Realtor.com

Michael Tran/FilmMagic/Getty Pamela Anderson , star of “Baywatch,” is parting with her Malibu beach house and departing for Canada. Her sweet retreat is now available for $14.9 million. After years spent enjoying the coastal compound, which she had a hand in designing, the animal welfare activist is heading north, after marrying her bodyguard, Dan Hayhurst , according to the New York Post.

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Canadian Mortgage Delinquencies Fall In 26 Cities, As Markets Flood With Cheap Credit

Better Dwelling

Canada may have elevated unemployment levels, but mortgage delinquencies are dropping. Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies for Q4 2020. The majority of cities, 26 in total, saw the rate of delinquency lower than last year. Only 5 markets saw the rate rise, as a combination of low rates and mortgage […].

Mortgages 104
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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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Revolving Credit Decreased in January

Eye on Housing

In January 2020, consumer credit decreased at a seasonally adjusted annual rate by 0.4% from the previous month, with revolving debt1 decreasing by 12.2% and nonrevolving debt2 increasing by 3.2%. Consumer credit totaled $4.2 trillion on a seasonally adjusted annual basis, with $965 billion comprised of revolving debt and $3.2 trillion in nonrevolving debt.

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Building Real Estate Brands for the Future

RIS Media

Now that we’re a few months into 2021, it’s time to take advantage of the new opportunities that are at your fingertips. Perhaps it’s also time to give your real estate brand a refresh for the new year. Here are a few tips to get you started on building a brand that is modern, relevant and irresistible. 1. Marketing personas. People want to do business with an agent and team they like, and like attracts like.

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Mortgage and refinance rates today, March 8, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose again last Friday. But falls on Monday and Tuesday meant the week ended only a little worse than it started. First […].

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How Top Teams Set Themselves Free!

Lab Coat Agents

For the longest time, real estate agents and brokers alike have sought something of a holy grail: the perfect “all in one” software platform that can literally do it all, from generating leads to providing both customer relationship management (CRM) and transaction management. . But the reality is that the perfect, ‘best at all things’ platform simply does NOT exist.

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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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A True Real Estate Dream Team, Lily Campbell Team Ranks #1 in Orange County for 2020

First Team Real Estate

Closing a total of $160,947,000 in sales volume with 181.5 total units 1 in 2020, the Lily Campbell Team of First Team Real Estate ranks as the #1 real estate team in all of Orange County 2. Known for her knowledge of market conditions and the best approach to maximize the results of each home sold, she consistently obtains higher results for homeowners.

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8th Annual Plein Air Festival - Tequesta

Waterfront Properties

The Lighthouse ArtCenter Gallery, 373 Tequesta Drive, Tequesta, is hosting the 8th Annual Plein Air Festival Sunday, March 14 through Saturday, March 20, 2021. This art festival is known to be one of the premier Plein Air Festivals in the United States. The festival has been overhauled to meet social distancing protocols for the current times. Twenty-four national award-winning artists have been invited to exhibit their fresh works in the Lighthouse ArtCenter Gallery and online during this hi

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CoreLogic: Mortgage Delinquency Rates Hit Record Highs and Lows in 2020

RIS Media

CoreLogic recently released its monthly Loan Performance Insights Report for December 2020. On a national level, 5.8% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), which represents a 2.1-percentage point increase in the overall delinquency rate compared to December 2019, when it was 3.7%.

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Spring Training Games In Jupiter This Week

Waterfront Properties

The Roger Dean Chevrolet Stadium in Jupiter is hosting five Spring Training baseball games this week. The stadium in Downtown Abacoa is home to two professional Major League Baseball teams during Spring Training. The Miami Marlins and the St. Louis Cardinals call Jupiter home during Spring Training. In a nearby stadium, the Washington Nationals and the Houston Astros call the FITTEAM Ballpark of the Palm Beaches homes during their Spring Training games.

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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.