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 104
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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 462
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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 221
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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 383
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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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A star-studded brownstone: Carrie Fisher and Debbie Reynolds’ former townhouse lists for $11.5M

Fancy Pants Homes

It’s been a little over five years since the tragic passing of both Carrie Fisher and her mother, Debbie Reynolds, who died within 24 hours of each other. Both A-list actors with thriving careers that spanned decades, the mother-daughter duo were also BFFs and roomies. Carrie Fisher and her mother, actress Debbie Reynolds. Photo credit: Kathy Hutchins / Shutterstock.com.

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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 382

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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 101
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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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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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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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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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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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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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Should you buy an investment property in 2022? (Podcast)

The Mortgage Report

Thinking of investing in real estate? Even with rates and home prices on the rise, investing in property could be a lucrative venture.

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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.

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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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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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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!

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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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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.

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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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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 73
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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.

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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 77
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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.

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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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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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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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Top Security Companies & Installers in New York

Swiftlane

Are you looking for a security company to help upgrade or install a new security system in your building? e.g. Key card access control, video surveillance, fire alarms and video intercoms systems? This article aims to point you in the right direction if you are looking to add a new access control system, security cameras, alarms […].

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Tips to Start a Rental Property Business with Zero or No Money

Louisville Homes

How exactly do you start a rental property business? After all, they are one of the most profitable ventures for entrepreneurs. When you start a new business, you might need a lot of research and a team. What if, if you have an idea that you can become a millionaire by just investing your time and effort, you have to follow some tips that we are going to discuss here.

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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.

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A Scaffolding Contractor Is in Court for Park Slope Collapse That Left Woman With Brain Injury

Brownstoner

A well-connected contractor was indicted Friday by Brooklyn prosecutors on charges related to a near-deadly scaffolding collapse in Park Slope in 2019, which injured three people, one of whom was left with permanent brain damage. Silvercup Scaffolding, a Williamsburg-based contractor, and its foreman Zeke Fagan are facing reckless endangerment and criminal… Read More > The post A Scaffolding Contractor Is in Court for Park Slope Collapse That Left Woman With Brain Injury appeared first

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Remote Work Caused 1/2 Of Price Surge

BubbleInfo

There are many who insist that real estate will follow its historical trend, and I like to say ‘it’s different now’ just to irritate them. What are the things that are different? Every buyer has had to qualify for their mortgage and use a sizable down payment, the vast majority have been buying their forever […].

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Vacations and Summer Storms Are Back — Time to Protect Your Stuff

Brownstoner

New Yorkers are taking vacations again this summer. And with storms expected, apartment insurance can be a game changer. Here’s how: 1. While you’re away on vacation, a small overflow and minor pipe break can get bigger and flood your and your neighbor’s apartment, leading to major financial headaches. If you… Read More > The post Vacations and Summer Storms Are Back — Time to Protect Your Stuff appeared first on Brownstoner.

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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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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.