Housing Wire

MAY 4, 2022

Individuals across the country chasing the American dream of homeownership helped to push mortgage-application volume up by 2.5% for the week ending April 29, compared with the prior week. The uptick, as measured by the Mortgage Bankers Association ‘s (MBA’s) Market Composite Index, was propelled primarily by purchase-application activity, as rates remain elevated, hovering in the low 5% range and a drag on refinance volume.

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Keeping Current Matters

MAY 4, 2022

One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house.

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Housing Wire

MAY 4, 2022

In a move with ramifications for an untold number of mortgage lenders and service firms, Intercontinental Exchange, Inc. , a software and data company whose mini-empire includes ICE Mortgage Technology , has bought Black Knight. The $13.1 billion mega-deal was announced in a press release Wednesday afternoon. The move between what are generally regarded as the two biggest suppliers of mortgage loan origination software is the latest domino to fall in a mortgage market careening off the rails.

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Lighter Side of Real Estate

MAY 4, 2022

Do you have a neighbor that annoys you? The chances are, you do! According to this REALTOR Magazine article , a recent survey done by Lending Tree revealed that 75% of Americans don’t like their neighbor. What bugs people about their neighbors the most? Take your pick: They give off a “weird vibe” (28%). They’re too loud (27%). They’re rude (27%). Disruptive pets (17%).

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Housing Wire

MAY 4, 2022

The Federal Reserve Wednesday approved a 50 basis point increase to its policy interest rate in an effort to reduce inflation, in conjunction with a plan to shrink its $9 trillion asset portfolio beginning next month, according to Chairman Jerome Powell. During a news conference following the Fed’s committee meeting, Powell announced the increase and outlined the Fed’s plan to begin “the process of significantly reducing the size of our balance sheet,” he said. “It

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Realty Biz

MAY 4, 2022

Nowadays, it seems like everybody is looking for ways to make their homes more unique and beautiful. But sometimes, it’s tough to find the motivation to make big improvements. This is where small, simple, and inexpensive home improvement projects come in handy. If you’re looking to add some instant value to your home and don’t have the time or money to spend on huge renovations, try these 8 easy home improvement projects that will transform your home and give you a boost of mot

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The Mortgage Report

MAY 4, 2022

Rising interest rates are tough on home buyers. But there's plenty you can do to fight the market and lower your mortgage rate. Here's how.

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Housing Wire

MAY 4, 2022

Black Knight’s Optimal Blue is looking to court mortgage brokers with its new pricing feature that provides up-to-date rates on its cloud-based loan servicing platform. Dubbed Quick Quote, the feature was added to Loansifter – its product, pricing and eligibility engine – and enables brokers to make accurate quote offers for products available to consumers at their immediate point of need, according to Optimal Blue.

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Sotheby's International Real Estate

MAY 4, 2022

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ???. Great Neck, New York | Irene Sarraf, Jason Friedman, & Rudi Friedman, Daniel Gale Sotheby’s International Realty . Situated on more than 8-acres of sprawling waterfront property with unobstructed views of the bridges and the New York City skyline, Three Bridges is one of the last remaining generational properties on Long Island’s Gold Coast.

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Housing Wire

MAY 4, 2022

The Federal Housing Finance Agency will now require lenders to provide data on borrowers’ language preferences in order to sell loans to Fannie Mae and Freddie Mac , a move which could invite fair lending lawsuits. Starting in March 2023, lenders for conventional mortgages will be required to furnish information about borrowers’ language preference and housing counseling, the agency said on Tuesday.

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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.

Loans

Coldwell Banker

MAY 4, 2022

If you want a relaxing sanctuary to luxuriate in every day, it can be found as near as your bathroom door. Follow these do-it-yourself tips to convert your primary bathroom into a spa-like retreat, and your relaxed body, mind and soul will be glad you did. Give a Jacuzzi Tub a Whirl To transform your […]. The post Turn Your Home Into A Relaxing Oasis appeared first on Coldwell Banker Blue Matter.

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Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Bringing together some of the top economists and researchers in housing, this event will provide an in-depth look at their latest insights on the housing market, along with a roundtable discussion on how this information applies to your business.

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Eye on Housing

MAY 4, 2022

Following a 25 basis points increase in March, the Federal Reserve’s monetary policy committee unanimously approved a further 50 basis points increase for the federal funds target rate, the largest increase for the rate in more than two decades. The Fed also provided details for its plan to reduce its balance sheet (quantitative tightening), which will further tighten financial conditions.

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Housing Wire

MAY 4, 2022

LoanSnap has unveiled a cloud-based portal called LoanFLow that will allow licensed brokers and loan officers in the U.S. to originate mortgages anywhere at any time. The company says its new LoanFlow portal will allow originators to close loans in as little as 24 hours and in 15 days on average, the company said. The new portal includes “tools that can be used for customer onboarding, document sharing, relationship management and loan evaluation,” LoanSnap said in announcing the new loan-origin

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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.

Sales

Maximum Exposure Real Estate

MAY 4, 2022

Are you interested in finding out how much a house sold for in your neighborhood? If so, you’re not alone. Many folks pay attention to the market values of similar homes whether they are planning on selling or not. If you’re planning on buying, you may also want to have an idea of what houses […]. The post 5 Killer Tips to Find Out What a House Sold For appeared first on Maximum Real Estate Exposure.

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Marketing 100

Housing Wire

MAY 4, 2022

United Wholesale Mortgage ( UWM ), the nation’s largest wholesale lender, has taken another step toward a price war. The Pontiac, Michigan-based company said on Wednesday it will price-match loans up to 40 basis points with that of 20 different competitors. The initiative, effective until June 30, applies to any conventional, government or jumbo loan on a primary, secondary or investment property.

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RIS Media

MAY 4, 2022

At a macro level, 2022 has been a year of ups and downs for the U.S. economy. Supply chain issues are still prevalent. Inflation continues to rise, although some experts suggest it may have peaked. Thirty-year mortgage rates topped a 5% average. Loan applications have dipped week-over-week. And, of course, fuel prices continue to soar, which impacts the wallets of every American.

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Residential Marketing Mortgages Loans 99

Brownstoner

MAY 4, 2022

Before it vanishes to be replaced by another new development in Bed Stuy, the history of this intriguingly proportioned Spanish Mission-style building is worth a dive. At 8-14 Ralph Avenue, at the corner of Quincy Street and near Broadway on the edge of Bushwick, the massing of the concrete… Read More > The post A Former Bed Stuy Burlesque House to Take Its Last Bow appeared first on Brownstoner.

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Development 98

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.

Agents

RIS Media

MAY 4, 2022

Lori Penney, leader of Team Blue at ERA Key Realty Services in Wilmington, earned The Institute for Luxury Home Marketing’s Million Dollar GUILD recognition for experience, knowledge, and expertise in million-dollar and above residential properties, the company has announced. Penney is a Certified Luxury Home Marketing Specialist (CLHMS), part of an exclusive group of real estate professionals who have completed The Institute’s training and have a proven performance in the upper-tier market, acc

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Brownstoner

MAY 4, 2022

In the News Lucia Pizza Brings Roni Cups and Clam Pies to Sheepshead Bay [NYT] Faulty Fan Led to Camera Fail During Brooklyn Subway Shooting [NYP] Clearing Has Begun of Bed Stuy’s 120-year-old Beloved Mansion [BK Reader] Brooklyn Reacts to Leaked Supreme Court Opinion on Abortion [BP] Brooklyn Expo Center Closed, Replaced by Ninja Training… Read More > The post Daily Links: Greenpoint’s Brooklyn Expo Center Closes appeared first on Brownstoner.

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RIS Media

MAY 4, 2022

United® Real Estate is bringing together its national broker and agent network in Orlando, Florida next week after a two-year separation due to the COVID-19 pandemic. United is celebrating its 10 th anniversary and ascent to becoming the seventh-largest residential brokerage operation in the nation. The conference will be the largest and best-attended United has ever held, the company reports.

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Brownstoner

MAY 4, 2022

Local preservation stalwart the Crown Heights North Association is kicking off their 20th anniversary celebration year with a special walking tour tracking Shirley Chisholm's history in the neighborhood. Led by Brownstoner columnist Suzanne Spellen, the tour will highlight places important to the former Brooklyn congresswoman's life and work in the borough.… Read More > The post Celebrate Shirley Chisholm and the Crown Heights North Association With a New Walking Tour appeared first on

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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.

Agents

RIS Media

MAY 4, 2022

In today’s overheated market many buyers are waiving home inspections to get their offer considered at all. But does that mean they should skip the inspection? Even after the sale, a home inspection is the best way for your clients to learn about their new home. First, the home inspection allows the potential buyer to learn about any major defects or damage that may not have been disclosed.

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Brownstoner

MAY 4, 2022

Deaths and injuries for construction workers on the job have been on a significant downward trend in New York in recent years, and hard hats say that’s thanks to trainings they’ve organized themselves on site safety, labor rights, and how to securely blow the whistle on violations. As Brooklyn Paper previously… Read More > The post Construction Worker Collective Memorializes Those Lost on the Job, Offers Safety Training appeared first on Brownstoner.

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RIS Media

MAY 4, 2022

In an industry that thrives on competition, brokerage firms large and small are constantly pushing the envelope in order to raise the bar and set themselves apart. For Century 21 Real Estate, it’s a steadfast commitment to elevating the customer experience that has positioned the firm at the head of the pack. Upping the ante even further, the brand’s partnership with MoveEasy is the key to providing a one-stop-shop for their clients’ homeownership journey.

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The Mortgage Report

MAY 4, 2022

Today’s mortgage and refinance rates Average mortgage rates just inched lower yesterday, leaving them extremely close to their highest point since 2009. An unusually important Federal Reserve announcement at 2 […].

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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.

Agents

RIS Media

MAY 4, 2022

Lead generation is important for the growth of your business, but more importantly, it is for REALTORS® to maintain a healthy pipeline of leads. See below for our top recommendations to generate real estate leads. Develop a niche. It’s advisable to choose a niche so that you may understand and narrow down your search to your target audience. When you find your niche, it allows you to focus your marketing efforts on a specific group of people and location.

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Realty Biz

MAY 4, 2022

The online real estate brokerage Redfin has agreed to pay $4 million to settle a discrimination lawsuit out of court. The lawsuit alleged that the company failed to provide its brokerage services to homes that were listed below a specific price, a practice known in the industry as “digital redlining”. By settling out of court, Redfin officially admits no wrongdoing.

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RIS Media

MAY 4, 2022

The Institute’s Luxury Market Report is your guide to an analysis of the trends and comparative data on the top-residential markets throughout Canada and the United States. April’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. This month we compare March’s statistics against March 2021 and review the biggest questions on many people’s minds currently.

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McKissock

MAY 4, 2022

In many markets, the model of the lone real estate agent has given way to a team-oriented approach. You may be on the fence about working with a real estate team. It’s important to consider the advantages and disadvantages before you make the commitment so that you don’t let down the team, your clients, or yourself. Pros of Working with a Real Estate Team.

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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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