Keeping Current Matters

AUGUST 30, 2022

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

Marketing 257

Marketing 257

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 421

Lending Loans Mortgages Closing 421

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.

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Inspection Agents Loans Construction 106

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 421

Marketing Loans Mortgages Brokerage 421

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Agents

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 102

Mortgages Loans Development As-is 102

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

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Title Closing Technology Industrial 410

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.

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Lending Technology Equity Investor 410

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 100

Staging Branding As-is Industrial 100

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.

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Lending Loans Mortgages 397

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

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

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 384

Bankruptcy Days on market Sales Short sale 384

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.

Brokerage 98

Brokerage Residential Agents Closing 98

The American Genius for Real Estate

AUGUST 30, 2022

People are staying in their homes longer, but there are plenty of areas of the country with lots of selling, so get to know your area.

Marketing 115

Marketing 115

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 93

Branding Brokerage Technology Development 93

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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

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 92

Construction Industrial As-is Marketing 92

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 91

Pre-approval As-is Agents Closing 91

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 84

Land Agents Technology Development 84

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 89

Sales 89

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

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

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

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

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 74

Due diligence Inspection Closing 74

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

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 69

Finance Mortgages Agents Marketing 69

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 67

Marketing 67

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 65

Marketing Days on market Sales Equity 65

The Close

AUGUST 30, 2022

If you’re ready to plunge into a dynamic new career in real estate, you’ll need to complete a 60-hour prelicensing course before you can sit for the Kansas real estate licensing exam. To help get you started, we reviewed some of the leading Kansas real estate schools and pinpointed our four favorites based on pricing, online platforms, course design, and more.

Agents 59

Agents Design Closing As-is 59

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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

Rent, Buy & Sell

AUGUST 30, 2022

What Is a Part Exchange House Sale – and Will It Work for You? When buying or selling, many people assume that they just have to follow the traditional route, the path of what they think is least resistance! But there is more than one way to accomplish your goals. The key is exploring your options, weighing the pros and cons and determining which of these is the most viable solution for you, your household members, your needs and your budget.

Purchase and sale agreement 59

Purchase and sale agreement Sales Development Agents 59

Real Trends

AUGUST 30, 2022

Power buying firm Ribbon announced an expansion of its RibbonReserve product on Tuesday. Homebuyers using the RibbonReserve product will now receive a 12-month price lock on the purchase price of their home. Through RibbonReserve, Ribbon purchases the home on behalf of the buyer, providing up to 12 months to secure financing. Ribbon leases the home to the buyer, then sells back with a guaranteed home price lock for 12 months.

Loan Officer 56

Loan Officer Finance Loans Mortgages 56

The American Genius for Real Estate

AUGUST 30, 2022

(OPINION) Delegation is well, a delicate subject, and can end up creating more work for yourself if it isn't done well. Here’s how to fix that.

Brokerage 64

Brokerage 64

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.

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Design As-is Staging 62

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.

Sales