Tue.Jul 05, 2022

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What is an Appraisal Contingency and Why Should I Care?

Maximum Exposure Real Estate

What is an Appraisal? Appraisals and appraisal contingencies are a normal part of most real estate transactions and the home buying process in general. When purchasing a home and getting a mortgage there will often be a real estate appraisal conducted. A home appraisal ensures that you are paying fair market value for a property. […]. The post What is an Appraisal Contingency and Why Should I Care?

Mortgages 129
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Home price growth expected to dip as demand normalizes

Housing Wire

Home price appreciation, which skyrocketed during the pandemic, is showing signs of slowing, according to a monthly report published by CoreLogic Tuesday. In May, home prices increased by 20.2% year-over-year, the report said. But come next May, the data vendor predicts home price appreciation will dip to 5%. The recent hikes in mortgage interest rates by the Federal Reserve has contributed to the expected cool down of home prices, according to the report.

Mortgages 488
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Is Homeownership Still the American Dream?

Keeping Current Matters

Defining the American dream is personal, and no one individual will have the same definition as another.

As-is 284
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Redwood Trust finalizes acquisition of lender Riverbend 

Housing Wire

Specialty finance company Redwood Trust Inc. has completed its acquisition of bridge lender Riverbend Funding LLC , which has a funded portfolio of more than $1.5 billion single-family and multifamily loans nationwide. The acquisition of Portland, Oregon-based Riverbend and its subsidiaries, announced originally in late April, is expected to fit in well with Redwood’s existing business-purpose lending platform, CoreVest.

Finance 418
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The 2025 Real Estate Roadmap to Success

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.

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Meet The Real Estate Tech Entrepreneur: Trevor Bacon from Parcl

GeekEstate

In this week’s founder interview, we’re bringing you Trevor Bacon from Parcl. Without further ado…. Who are you and what do you do? I’m currently the CEO of Parcl, a blockchain-based platform that allows users to invest in a digital square foot of physical real estate in neighborhoods around the world. I have years of experience as a portfolio manager at several hedge funds focused on the technology sector — specifically software, payments (where I was introduced to blockchain five y

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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. Property valuation API and risk assessment API, released late last month, connect directly into existing systems through a single integration for lenders, investors and system providers, the company said in a news release. .

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Nominations for the 2022 Vanguards are now open!

Housing Wire

The HousingWire Vanguard award program recognizes c-level industry professionals who have become leaders in their respective fields within housing and mortgage finance. These are the true leaders of their businesses who contribute to the growth of the housing economy and its various sectors, including lending, servicing, investments and real estate.

Lending 83
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Mortgage and refinance rates today, July 5, 2022

The Mortgage Report

Today’s mortgage and refinance rates Markets were closed yesterday for Independence Day. And average mortgage rates fell last Friday, once again significantly. Last week was a seriously good one for […].

Mortgages 116
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The key to attracting and retaining mortgage talent in turbulent times

Housing Wire

There have been multiple reports lately of layoffs within the mortgage industry, but some companies, like American Pacific Mortgage, continue to grow during this difficult time. HousingWire recently spoke with American Pacific Mortgage President Ned Payant about how to build a culture that attracts and retains mortgage talent. HousingWire: How do you retain mortgage talent once it’s in-house?

Mortgages 397
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A+ Ideas for Kid-Focused Homework Stations

Coldwell Banker

Back to school means back to doing homework. While there are many ways to help children develop good self-discipline, one way is to motivate them by creating an inviting space where they can concentrate and stay stress free. You don’t need a lot of space or a dedicated room for a homework station. Whether it’s […]. The post A+ Ideas for Kid-Focused Homework Stations appeared first on Coldwell Banker Blue Matter.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Arrived Homes is riding the rising rental-property wave 

Housing Wire

Seattle-based real estate investment platform Arrived Homes is flush with cash after recently raising $25 million in a venture-capital funding round, and is working to expand its reach in the still-hot single-family rental market. Arrived Homes is currently on a pace of acquiring about 30 single-family rental properties per month, with an existing portfolio across 19 cities of some 125 properties valued at about $50 million, according to company co-founder and CEO Ryan Frazier.

Investor 397
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Hispanics Comprise 61% of the Construction Workforce in Texas

Eye on Housing

The earlier June post highlighted the rising number and share of Hispanics in the construction industry. Hispanics now account for almost a third of the construction workforce, according to the 2021 Current Population Survey. In this post, we focus on the regional and state-level differences in the racial and ethnic composition of the construction labor force.

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Wyndham Capital Mortgage conducts two layoffs in June

Housing Wire

Less than a month after Wyndham Capital Mortgage said it planned to pink slip more than 40 employees, the consumer direct lender conducted another round of layoffs. Wyndham notified “a number of employees” about the layoffs Thursday, including those working in the Charlotte, North Carolina headquarters, and employees who work remotely, according to a layoff notification letter sent to a former employee via email.

Mortgages 397
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Top 10 Coldwell Banker Stories of the Month – June 2022

Coldwell Banker

Extra, extra! Read the top 10 news items that ran in June about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – June 2022 appeared first on Coldwell Banker Blue Matter.

Agents 108
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

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Inside a Historic Artist’s Haven in Santa Fe

Sotheby's International Real Estate

Celebrated as one of the world’s most famous thoroughfares dedicated to art, Santa Fe’s Canyon Road has a reputation that precedes it and has long been a destination for aficionados, collectors, and artists alike. This estate—tucked amid mature trees and other resplendent greenery near the banks of the Santa Fe River—deserves its position on the storied street’s upper reaches, as it winds toward the foothills of the Sangre de Cristo Mountains.

Banks 100
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Brooklyn Real Estate Listings Six Months Later: All Four Sold

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in East Flatbush, Park Slope and Boerum Hill. How did they fare? “Here’s a bargain,” the ads proclaimed for this house back in 1899 while touting its modern features like gas fixtures, wood… Read More > The post Brooklyn Real Estate Listings Six Months Later: All Four Sold appeared first on Brownstoner.

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10 Foolproof Strategies For Creating Better Real Estate Social Media Content

The Close

Generating high-quality social media content for real estate and posting it consistently on the right social networks is critical when it comes to effective marketing and branding. However, creating that content is easier said than done. In this article, we’ll give you 10 powerful strategies to create better real estate social media content to help you meet your marketing and business goals. .

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Turn To Your Real Estate Agent for Lender Recommendations Instead of Rolling the Dice and Shopping Rates Online

Lighter Side of Real Estate

Everybody wants the best mortgage rate they can get, even when rising rates aren’t in the news. But with rates going up lately, people are desperate to find the best deal they can get. Of course shopping for the best rate is a good thing to do, but more importantly, you should pay attention to whether or not that lender with a sweetheart rate is actually going to get you to the closing table!

Agents 98
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

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Sunset Park One-Bedroom With Moldings, Parquet, Original Tile Asks $419K

Brownstoner

While not huge, this Sunset Park co-op with an efficient layout is well proportioned and boasts an entry foyer for a bit of extra space. The one-bedroom retains many of its original prewar features, including moldings, parquet floors and original tile in the kitchen and bathroom. It's set on the third… Read More > The post Sunset Park One-Bedroom With Moldings, Parquet, Original Tile Asks $419K appeared first on Brownstoner.

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Most Important Questions Investors Should Ask Before Investing In Real Estate

Realty Biz

Real estate investing is the process of acquiring, managing, and developing real estate properties with the intention of generating income. Real estate investors may choose to invest in either residential or commercial properties or both. Real Estate Investor shake hands Pexels.com. There are two main types of real estate investing: active and passive.

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Characteristics to Look for When Choosing a Real Estate Agent

RISMedia

By Emma Sturgis Buying or selling a home can be an extremely overwhelming process. You must know what to look for in your buying or selling agent to make sure they will be a good fit for you. Whether you're buying your first home, moving up the market or downsizing as retirement approaches, real estate […]. The post Characteristics to Look for When Choosing a Real Estate Agent appeared first on RISMedia's Housecall.

Agents 77
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Ask Brian: Is a Real Estate Agent a Good Career Choice in 2022 and 2023?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Estate Agents & Letting Agents Training Company by Stan Kirilov is licensed under CC-BY-NC-ND 4.0. Question from Aurora in GA: Hi Brian, I’m a 23-year-old college graduate with a degree in business.

Agents 94
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Daily Links: As City Scrambles for Lifeguards, Failed Applicants, First Responders Called On

Brownstoner

In the News Five Boroughs, Five Days, One Question [NYT]. Meet the Man Bringing Drama and Joy to Brooklyn’s Nightlife Spaces [NYT] Williamsburg's Domino Sugar Plant to Be One-of-a-Kind Office Building [NYP] Just One Staffer Remains in Key City Affordable Housing Office [The City] Mayor to Allow First Responders to Moonlight as Lifeguards [The… Read More > The post Daily Links: As City Scrambles for Lifeguards, Failed Applicants, First Responders Called On appeared first on Brownstoner.

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ERA® REAL ESTATE FORTIFIES BOISE PRESENCE WITH THE AFFILIATION OF ERA HOME 2 HOME

Realty Biz

ERA ® Real Estate , a global franchising leader within the Anywhere SM family of brands, today announced the affiliation of ERA Home 2 Home. The company is based in Nampa, Idaho, and serves the Greater Boise metropolitan area. The full-service company’s affiliated agents work with clients on residential sales, investments, and relocation. The firm was established in 2004 and is led by Joe Newby, who started his career in moving and storage.

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On Opendoor Exclusives

Notorious ROB

This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh. Monthly Subscription. $ 20. Monthly. Subscribe Now. Annual Subscription. $ 200. Annually (Save $40). Subscribe Now. The post On Opendoor Exclusives appeared first on NotoriousROB.

MLS 72
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Developers in China are accepting wheat, garlic, watermelon and other crops as down payment for new homes

Realty Biz

Desperate home developers in China’s depressed real estate market have taken to accepting garlic and wheat, among other crops, as a down payment for rural homes. China’s real estate market is struggling, with analysts saying that property sales in the country have dropped by 25% this year as a result of the country’s zero-Covid strategy. In addition, many Chinese are shying away from real estate investments.

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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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How to Do Your Own Single Family Rental Market Analysis in 2022

Mashvisor

As the US housing market stays savagely unhealthy, doing a single family rental market analysis properly has become more important than ever.

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What a Good Bio Looks Like in the Real Estate Business

Realty Biz

If you work in real estate, you’re probably well aware of one truth: you’re not selling real estate, you’re selling yourself. How successful you are in your role as a real estate agent depends almost entirely on your ability to convince both buyers and sellers of your ability and experience in facilitating the sale of real estate. There are a number of ways that you can convince clients of your abilities in this capacity; using the tools of the modern realtor is the best way to do this.

As-is 82
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How to Write a Winning Appraiser Trainee Resume

McKissock

If you’re an aspiring real estate appraiser looking to get hired as a trainee, how can you make your appraiser trainee resume as impressive as possible? What can you do make yourself stand out from the competition? And what are some common resume mistakes or “red flags” to avoid? To help answer these questions, we’ve put together the following resume tips for appraiser trainees, based on input compiled from working appraisers and industry experts.

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The Top 5 Reasons to Move to North Carolina

Realty Biz

It’s no secret that North Carolina can be a great place to live, work, and enjoy life. Around 360,000 people are moving there every year, and it’s not hard to see why. Here are the top five reasons people are relocating to this state: Perfect for Outdoor Lifestyles. North Carolina is a state with many different types of terrain, from the Appalachian Mountains in the west to the Outer Banks on the coast.

Banks 76
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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.