Mon.Oct 03, 2022

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Home prices are dropping like it’s 2009

Housing Wire

Home prices are now posting the biggest monthly declines since January 2009, according to the latest Mortgage Monitor report from Black Knight. Median home prices in August fell 0.98% in August, only slightly better than July’s 1.05% monthly decline. The average home price is down 2% ($8,800) from its June peak nationally as we enter the historically slower fall-winter homebuying season.

Mortgages 527
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How To Prep Your House for Sale This Fall

Keeping Current Matters

Today’s housing market is different than it was just a few months ago.

Sales 256
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CoreLogic’s Accounting Automation suite can quickly help lenders streamline appraisal payment processing

Housing Wire

Surprisingly, accounting inefficiencies, particularly in the areas of tracking, collecting, reconciling, and distributing appraisal fees, are costing some lenders tens of thousands of dollars, sometimes even more, every year – dollars that could be going straight to their bottom line. In today’s business environment, lenders look for every opportunity to streamline and optimize their operations to reduce their origination costs on each loan.

Loans 339
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Inventory Watch

BubbleInfo

Hat tip to Mark for pointing out how much different our local inventory has performed, compared to other markets around the country. When you hear the doom and gloom from the national talking heads, this is what they are talking about: Our inventory topped out in July, and has been declining since – where many […].

Marketing 105
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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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Origination Platforms and Solutions Special Report

Housing Wire

The origination process is complex. In today’s market, mortgage companies need solutions that streamline the mortgage process so they can close more loans, faster. Lenders are looking for a digital platform that provides end-to-end support and flexibility to deliver a great lending experience. Leveraging technology can help lenders originate more efficiently and scale more effectively.

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What is an Abandoned House and What Happens to The Property

Maximum Exposure Real Estate

When driving around neighborhoods, every so often, you might see what looks like an abandoned house. The signs of abandoned houses are blatantly obvious. The windows being boarded up, the overgrown landscaping, the peeling paint, and the crumbling driveway are dead giveaways. Sometimes when looking at abandoned houses, you are left speechless. How could someone […].

Marketing 101

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Creating Floor Plans in Minutes with CubiCasa’s Real Estate Technology Solutions

Realty Biz

Crafting the perfect real estate lifting is as much an art as it is a science. You need attractive photographs of the property and a description that ticks all the right boxes. It’s also incredibly useful to have additional information like a floor plan to help prospective buyers visualize the space. This last addition can be difficult to come by, or at least it might have been in the past – today, new real estate technology solutions like the one from Finland-based CubiCasa are changing the gam

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The Relationship Between Leverage & ‘Days On Market’

Toronto Realty Blog

TorontoRealtyBlog. If a property came onto the market today for $599,900, you went to look at it, and you were quite interested, how much would you offer? The answer on the tip of your tongue is probably: “It depends.” Of course it depends! It depends on a multitude of factors. What type of market are we in? Is this property in a hot location or building?

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What Are Easements in Appurtenant?

Realty Biz

If you have a large parcel of land and you want to release some of this equity, selling off sections could result in some access problems. If access to the road is limited, an easement in appurtenant might be required. You might have a neighbor who crosses your property regularly to access a park or as a shortcut somewhere. If this happens for a long enough time, this situation could become a permanent right that they have to use your property through an appurtenant easement.

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Do these six things to win over buyers and sellers

Real Trends

Today’s real estate industry may seem like it’s all about market analysis, advanced data analytics, and 3D virtual home tours , but underneath all the bells and whistles, real estate is still a people business. The most successful real estate agents are great at reading and handling people — and those people skills all start with great communication.

Agents 83
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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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Rotating and static proxy – where to find a good one?

Realty Biz

Not all countries allow people to browse the Web freely. If you are a real estate owner or want to buy a home in another country to move into, you will need a proxy, because: if there is a need to bypass blocking to visit real estate agencies of another country, see their prices and compare them to agencies in your town; if you are moving and want to work in the real estate industry, you still will have to use a proxy for analysis of real estate agencies from other countries; if you are a real e

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Property Product-Market Fit: The Most Important Metric You’ve Never Heard Of

Bigger Pockets

Housing demand has caused home prices to explode over the past two years. But, even as interest rates rise, the Fed tries to curb inflation, and would-be-homebuyers enter back into […].

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3 Reasons Why Fall is the Best Time of the Year to Get Your AC Serviced

RISMedia

By Rachelle Wilber As the temperatures start to cool down, now is the perfect season to get your AC serviced. When it’s cooler outside, most people don't think about their AC unit until it's too late, and they're stuck dealing with a broken down unit or experiencing problems once the temperature starts to rise. However, […]. The post 3 Reasons Why Fall is the Best Time of the Year to Get Your AC Serviced appeared first on RISMedia's Housecall.

As-is 109
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Money with Katie’s Middle-Class Myths and The Great Roth vs. 401K Debate

Bigger Pockets

Katie Gatti Tassin from Money with Katie had her “financial awakening” earlier than most. She saw the middle-class wealth trap of working, spending, and repeating for what it really was. […].

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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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Two Rocket executives announce retirements

Housing Wire

Rocket Companies , the parent company of America’s largest mortgage lender, announced that longtime Chief Financial Officer Julie Booth and General Counsel Angelo Vitale are retiring. In a statement issued Monday, Rocket said both Booth and Vitale will remain with the company in strategic advisory roles. Booth’s retirement is effective November 15.

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Facade Rises at Apartments Replacing Suburban-Style Bank Facing BQE in ‘Burg

Brownstoner

The eight-story, 123-unit rental apartment building replacing the suburban-style bank in the middle of a parking lot near the BQE entrance on Metropolitan topped out some time ago. Although scaffolding obscures the details of construction, windows are in and brick veneer has risen on the five residential floors comprising the… Read More > The post Facade Rises at Apartments Replacing Suburban-Style Bank Facing BQE in ‘Burg appeared first on Brownstoner.

Banks 76
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The Powerful Impact Maintenance Automation Can Have On Your Business

App Folio

Managing maintenance is one of the toughest aspects of property management.

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Upgrade your Home Entrance with These 5 Front Door Decorating and Design Ideas

Redfin

Maybe you’re welcoming guests soon, or perhaps you’re putting your house on the market. Either way, a visually appealing entrance can make a strong impression. From upgrading lighting to a fresh coat of paint, there are plenty of creative ways you can add excitement and style to an entryway. So whether you’re looking to upgrade the look of your house in Portland, OR , or Memphis, TN , these front door decorating ideas will take your home’s curb appeal to the next level. 1.

Design 73
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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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The Ultimate Beginner’s Guide to Airbnb Analytics for Hosts

Mashvisor

As competition grows, so does the demand for advanced Airbnb analytics for hosts—rental data and Airbnb stats that go beyond pricing and vacancy.

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Groupon, AirBnB, and Dropbox share their startup growth hacks

The American Genius for Real Estate

Growth hacks – they’re not the end all be all of tech startup success, but they’ve certainly give a major boost to those that are thriving.

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Here’s What’s Scary: Getting Caught Without Apartment Insurance in NYC

Brownstoner

Without apartment insurance, you're kind of riding around on a horse headless. Here's why: 1. You can get sued. An acquaintance gets overserved at your Halloween party, falls down and sues you? Terrifying — unless you've got apartment insurance. 2. You can get robbed. Someone helps themselves to some valuables at that… Read More > The post Here’s What’s Scary: Getting Caught Without Apartment Insurance in NYC appeared first on Brownstoner.

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5 products from the Amazon hardware launch event on our wishlist

The American Genius for Real Estate

The updates from Amazon at their latest hardware launch event are more than exciting, so we hand-picked a few of our favs to share!

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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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Daily Links: Brooklyn Heights’ Barnes & Noble Decamps to Cobble Hill’s Empty Barneys

Brownstoner

In the News Finding a Home in Sheepshead Bay, and Hope, After Leaving Ukraine [NYT] The Rise of the Hand-Painted Billboard in Brooklyn[NYT] In Red Hook, Hua Hsu Gets the Book Party He Deserves [NYT] Ninety Year Old From Ocean Hill Is ‘Nana of the Neighborhood’ [BK Reader] All-Inclusive Housing Complex Opens Doors in Brownsville… Read More > The post Daily Links: Brooklyn Heights’ Barnes & Noble Decamps to Cobble Hill’s Empty Barneys appeared first on Brownstoner.

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Nektar seeks to automate time-consuming CRMs

The American Genius for Real Estate

The problem with CRMs is that it's time consuming to manually enter all of the data - Nektar seeks to automate that.

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Black Knight’s Empower offers an end-to-end digital platform that decreases friction in origination

Housing Wire

Optimizing the mortgage process means finding fast, efficient solutions for each part of the customer journey. When it comes to origination, modernization is key to enhancing the customer experience, improving overall cycle times and increasing overall profit. Regardless of the size of a lending business, having the right origination software is the first step in creating a homebuying experience built for the 21st century.

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The Accountability Episode: 11 Top Agents & Coaches Share Their Accountability Secrets

HomeLight

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. Accountability partners. Coaching. Daily meetings. Scoreboards. Pipeline review. Accountability comes in many forms and what works for the next agent may not work for you. But this much is sure: The most successful real estate agents didn’t get where they are without accountability.

Agents 99
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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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Encompass by ICE Mortgage Technology provides an all-in-one workflow for omnichannel lenders

Housing Wire

Today’s lenders must be as agile, efficient and scalable as possible to respond to evolving consumer preferences and fast-changing market conditions. Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and configurability needed to deliver a next-generation lending experience for every channel, all from a single system of record.

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The Ultimate Real Estate Website Branding Guide

Easy Agent Pro

Real Estate Website Branding Guide . Once you have your slogan picked out and logo design, it’s time to set up your website. There are many things to consider when it comes to both the technical aspects and the overall aesthetics of your website. With technical aspects, you have to consider SEO , content , contact forms , and landing pages. We cover all of these topics in more detail in our blog.