Keeping Current Matters

AUGUST 30, 2022

One of the biggest questions people are asking right now is: what’s happening with home prices?

Marketing 312

Marketing 312

Housing Wire

AUGUST 30, 2022

Add mortgage lender Mountain West Financial to the list of victims of the price war in the wholesale channel. The Redlands, California-based company informed its broker network last week that it has “made the difficult decision to take a step back from wholesale lending,” according to a spokesperson. Founded in 1990, Mountain will continue to serve retail and consumer direct clients throughout the Western United States.

Lending 448

Lending Loans Mortgages Closing 448

Eye on Housing

AUGUST 30, 2022

Home price growth decelerated in June and home prices grew at a single-digit annual rate for the first time in the past 23 months. As housing demand is softening, with declines for existing home sales and new home sales and weakened single-family starts, home price growth is expected to slow. In July, all the 20 metro areas experienced significant deceleration.

Sales 122

Sales As-is Construction 122

Housing Wire

AUGUST 30, 2022

The Prestwick Mortgage Group , an Alexandria, Virginia-based advisory and brokerage firm, has unveiled a mortgage-servicing rights (MSR) offering for a $598 million package of Fannie Mae and Freddie Mac loans. Prestwick’s offering comes on the heels of a separate bulk offering announced recently by New York-based Mortgage Industry Advisory Group (MIAC) that involves an MSR offering for a package of Fannie Mae loans.

Marketing 448

Marketing Loans Mortgages Brokerage 448

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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.

Development

The American Genius for Real Estate

AUGUST 30, 2022

Taking an acting class is not just for aspiring stars, it can help you be more naturally confident in your daily conversations and speech.

Closing 116

Closing Marketing 116

Housing Wire

AUGUST 30, 2022

Between a rise in M&A activity to a surge in tech adoption, the title sector is one to watch as we head into the rest of 2022 and beyond. From where technology is making an impact in the space to the nuances in state and federal laws, this panel focused on “The Future of Title” is one you don’t want to miss at HW Annual. We’re excited to have Heather Siegel, account manager at Qualia , on the panel as she taps into her deep experience in how both lenders as well as t

Title 435

Title Technology Closing Industrial 435

Housing Wire

AUGUST 30, 2022

With the recent downturn in volume of new originations, many lenders are using this time to take inventory of the available tools geared toward risk mitigation and workflow optimization. There is also a renewed interest in the future state of residential mortgage originations. This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology.

Lending 435

Lending Technology Equity Loans 435

HomeLight

AUGUST 30, 2022

It’s natural to be curious about how a home appraisal works, especially when you’re in the process of selling and an interested buyer is relying on loan assistance to afford your asking price. While no two appraisals are exactly the same, there is a great deal of consistency on what to expect and how to prepare. We’ll start with the nuts and bolts of what a home appraisal consists of and then get into how you can make the most out of your home’s appraisal.

Inspection 116

Inspection Agents Construction Loans 116

Housing Wire

AUGUST 30, 2022

Mortgage tech firms FormFree and Docutech are teaming up to make verification of assets (VOA) and verification of income and employment (VOI/E) available in the initial disclosure phase of the mortgage process. . FormFree’s AccountChek, a service that allows lenders to verify borrower’s assets, income, employment and rent payment history, is used by retail, wholesale and correspondent originators.

Lending 418

Lending Loans Mortgages 418

Eye on Housing

AUGUST 30, 2022

The construction labor market is cooling off as economic activity slows in response to tighter monetary policy. However, the July data shows stability concerning the number of open, unfilled jobs in the construction industry. This trend will likely weaken during the second half of 2022 due to the policy decisions by the Federal Reserve. The count of open construction jobs.

Construction 116

Construction Industrial As-is Marketing 116

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.

Industrial

Housing Wire

AUGUST 30, 2022

On Tuesday, the S&P CoreLogic Case Shiller Index reported that national home prices grew 18% year over year. While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 months even if the last existing home sales report showed home price growth of near 11% year over

Bankruptcy 397

Bankruptcy Days on market Sales Short sale 397

HomeLight

AUGUST 30, 2022

DISCLAIMER: This blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating rent relief programs or eviction actions, HomeLight always encourages you to reach out to your own advisor. Less than a month after COVID-19 caused shutdowns and unemployment across the globe in 2020, nearly a quarter of American renters didn’t make their April payments.

Pre-approval 110

Pre-approval As-is Agents Closing 110

Lighter Side of Real Estate

AUGUST 30, 2022

It’s highly possible that an experienced home inspector could fail to find something wrong with your house. So it isn’t out of the question that you might not know about something wrong with it. But considering you live there, unless it’s something truly lurking below the surface that only a trained eye could find, the chances are you know a thing or two that’s wrong with your house.

Due diligence 102

Due diligence Inspection Closing 102

Sotheby's International Real Estate

AUGUST 30, 2022

Anyone strolling along the historic lanes of Sag Harbor might spy this charming residence on Glover Street and assume its provenance aligns with that of its neighbors—homes of sailors, captains, whalers, and sea merchants, many of which were created by Benjamin Glover, the beloved 19th-century master builder-carpenter for whom the thoroughfare itself is named.

Design 99

Design 99

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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.

Brokerage

First Team Real Estate

AUGUST 30, 2022

Irvine, California, August 25, 2022 Sandi Clark and Debbie Miller of First Team Real Estate were named one of America’s most productive sales associate teams as a part of RealTrends + Tom Ferry America’s Best, a state-by-state ranking report produced by RealTrends and Tom Ferry International. This Mother Daughter team has earned recognition as part of the top 1.5% of Real Estate professionals in the nation.

Residential 98

Residential Brokerage Agents Closing 98

Realty Biz

AUGUST 30, 2022

Private mortgage insurance, also known as PMI, protects the lender in case the borrower defaults on their loan. Borrowers tend to try to avoid PMI because it is expensive, and it does not benefit the borrower who pays for it. On the other hand, some borrowers simply cannot buy a house without getting private mortgage insurance. PMI is applied to the outstanding principal when a borrower puts down a payment of less than 20%, and it generally lasts until the loan-to-value (LTV) ratio drops below 8

VA loan 98

VA loan FHA loan Mortgages Principal 98

McKissock Real Estate

AUGUST 30, 2022

Six years ago, when real estate agent Evan Roberts earned his license and started in the business, he realized he needed to learn tricks of the trade beyond his course. “You have more complex transactions,” said Roberts, “and you really need someone with 20 to 30 years of experience who has been through the process before and who you can lean on.”. What happens, Roberts wondered, when your clients didn’t find a house and instead want to buy a lot and build?

Land 98

Land Agents Technology Development 98

Realty Biz

AUGUST 30, 2022

Aspiring Black homeowners still face more obstacles than other demographics in their pursuit of homeownership, a new report from the online loan marketplace LendingTree has found. The research found that the denial rate for Black mortgage applicants is almost twice as high as the nation’s average in the country’s 50 largest metropolitan areas. LendingTree based its analysis on data from the 2020 Home Mortgage Disclosure Act, finding that some 18% of Black borrowers have their applications denied

Mortgages 87

Mortgages Loans Development As-is 87

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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.

Agents

Brownstoner

AUGUST 30, 2022

This modest and relatively affordable Kensington co-op is spacious enough for a small family and has attractive prewar details. The latter include high ceilings, wood floors and arched openings. Designed by architects Kavy & Kavovitt, the six-story, 75-unit brick elevator building at 40 Tehama Street opened in 1939, the certificate… Read More > The post Kensington Co-op With Arches, Two Bedrooms, Wood Floors Asks $625K appeared first on Brownstoner.

Design 85

Design 85

Realty Biz

AUGUST 30, 2022

Selling a property is a major endeavor. You want to be able to get the most out of the sale, and that means finding the right buyer that’s ready, willing, and able to pay the purchase price. This doesn’t just happen without any effort, of course – you’ve got to put in the time and resources to market the property. Here’s what you should know about what real estate marketing entails as well as five great tips for creating your own real estate marketing plan from a seller’s perspective.

Marketing 87

Marketing MLS Branding As-is 87

McKissock

AUGUST 30, 2022

There’s no simple and easy way to deal with appraisal pressure. A major source of frustration for appraisers is the realization that clients do not have to follow USPAP. The ethical and performance requirements of USPAP apply only to appraisers, not to clients. In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment.

Lending 81

Lending Bankruptcy Inspection Mortgages 81

Realty Biz

AUGUST 30, 2022

Every homeowner knows how important it is to have good paint. New paint color for your interior can modernize your home, and exterior painting can prevent moisture from seeping into your home. That is why it is a good idea to repaint your interior walls every few years to keep your home looking good and maintain or increase the value of your home. .

Staging 84

Staging Branding As-is Industrial 84

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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.

Agents

BubbleInfo

AUGUST 30, 2022

Everyone is throwing around the ‘deceleration’ word like it means something. But the only number that matters is the month-over-month change, which went DOWN for the first time since October 2019 – but it only went down that one month. The local index dropped 2.8% between July, 2018 and January, 2019, and we’ll probably see […].

Sales 79

Sales 79

Notorious ROB

AUGUST 30, 2022

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 DOJ, FTC & NAR: A Hundred Year War appeared first on NotoriousROB.

MLS 78

MLS 78

Realty Biz

AUGUST 30, 2022

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate Reserve Agents based in Fairfax, Va. . Owned by Bill Mulholland and managed by broker Kristina Thomas, the company services Northern Virginia, Maryland and surrounding areas. After starting his own relocation company in 2000, Mulholland leveraged his experience to establish a brokerage built around technology and top-tier service.

Branding 77

Branding Brokerage Technology Development 77

Brownstoner

AUGUST 30, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Park Slope, Carroll Gardens and Prospect Park South. How did they fare? This sponsor unit in a 19th century apartment house turned co-op needs work but has good bones and can fit… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One off the Market appeared first on Brownstoner.

Marketing 75

Marketing 75

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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

Real Trends

AUGUST 30, 2022

Home-price growth slowed for the third consecutive month in June. Annual home price gains were up 18.0% year over year in June, bringing the S&P CoreLogic Case-Shiller National Home Price Index to a reading of 308.18. In May , the index saw a year-over-year increase of 19.9%. Month over month, the U.S. National Index saw a 0.6% increase in home prices.

Finance 72

Finance Mortgages Agents Marketing 72

Redfin

AUGUST 30, 2022

For many people, outdoor space doubles as a storage area or somewhere to put trash before taking it out. However, your small apartment balcony can be much more. No matter the style or size, you can make it an outdoor haven with the right know-how. Whether you live in an apartment in New York City or a rental in San Francisco , read on for small apartment balcony ideas to transform your small outdoor space, backed by expert tips. 1.

Design 66

Design As-is Staging 66

Real Trends

AUGUST 30, 2022

Even the home of Disney World , Orlando, Florida, is moving away from being a seller’s market, according to Power Buyer company Knock’s inaugural Buyer-Seller Market Index, released today. The Index revealed that the U.S. housing market began to shift in July toward buyers for the first time since 2017. The new index analyzes key housing market metrics to measure the degree to which of the nation’s 100 largest markets favor home buyers or sellers.

Marketing 68

Marketing Days on market Sales Equity 68

Redfin

AUGUST 30, 2022

The largest city in South Carolina, Charleston, also referred to as “The Holy City,” is well known for its cobblestone streets, historic charm, and waterfront views. With so many activities to do in and around the city, you may be struggling to figure out what to do first. If you’re looking for an activity that isn’t so touristy, this list is for you.

Land 66

Land As-is Marketing Sales 66

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