Housing Wire
SEPTEMBER 9, 2021
The average 30-year fixed-rate mortgage was stagnant at 2.88% for the week ending Sept. 9, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior , mortgage rates also held steady at 2.87%. This week’s near constant mortgage rates tracked with the 10-year Treasury yield, which rose slightly and then tapered off in the past week.
Keeping Current Matters
SEPTEMBER 9, 2021
One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest percentages showing the year-over-year increase in home price appreciation: The House Price Index (HPI) from the Federal Housing Finance Agency (FHFA): 18.8%.
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Housing Wire
SEPTEMBER 9, 2021
United Wholesale Mortgage (UWM) announced today that it will no longer require its brokers to use appraisal management companies to complete appraisals. The Pontiac, Michigan-based wholesale lender will instead coordinate appraisals in-house, contracting with appraisers directly, offering appraisers and brokers a way to bypass AMCs altogether, which UWM CEO Mat Ishbia characterizes as “middlemen.”.
HomeLight
SEPTEMBER 9, 2021
Updated September 9, 2021. Moving is a big deal, and the decision of whether to sell your house now or wait is rarely an easy one. But in 2021, perhaps more so than any other moment in history, sellers have received sign after sign that it’s an opportune window to put their house on the market — at least from a financial standpoint. So let’s talk about what’s going on.
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling
Housing Wire
SEPTEMBER 9, 2021
When it comes to consumers’ growing desire for a seamless, fully digital home-buying experience, coupled with COVID-19’s influence on buying behaviors, it’s safe to say there truly is “no turning back.”. The pandemic had a profound impact on the home-buying experience. Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
SEPTEMBER 9, 2021
Dave Sheeler, president of residential servicing and correspondent lending at Freedom Mortgage. This year’s list of HousingWire Insiders radiate influence well beyond the walls of their individual companies, providing the infrastructure that upholds the whole industry. HousingWire decided to dive deeper into a few of our award winners to get a peek behind the curtain on what defines an Insider , with this first Q&A featuring Dave Sheeler, president of residential servicing and correspondent
Eye on Housing
SEPTEMBER 9, 2021
According to the most recent release of the Bureau of Labor Statistics Producer Price Index (PPI), the prices of goods used as inputs to residential construction including and excluding energy have risen 19.0% and 12.0%, respectively, year-to-date (YTD). In contrast, the index for final demand goods has climbed 7.2% and that for final demand goods less food and energy is.
Housing Wire
SEPTEMBER 9, 2021
Notarize , a provider of remote online notarization (RON) services in 38 states, and Snapdocs , a California-based digital mortgage closing platform, are partnering, the companies announced Thursday. Notarize’s RON solution will be incorporated into the Snapdocs platform, making it easier to achieve a true digital closing experience, the companies said.
Better Dwelling
SEPTEMBER 9, 2021
Canadian politicians promise to “fix” housing affordability if elected this year. Just one problem — all of their plans will increase home prices, not make them more affordable. That’s the take from Finder‘s 15-person monetary policy panel. The Fintech regularly polls Canada’s top economists for their take on monetary policy.
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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.
Housing Wire
SEPTEMBER 9, 2021
For the third year, Tech Trendsetters is honoring the individuals behind the technology that is driving mortgage and real estate. From automation to AI, these visionaries are helping to push the housing industry into the future and away from outdated processes. Last year’s impressive list of winners used the challenges of 2020 to propel the housing economy into a digital era and made some industry-changing advancements along the way.
Eye on Housing
SEPTEMBER 9, 2021
According to data from the Census Bureau’s Survey of Construction (SOC), 67.1 percent of single-family homes started in 2020 were built within a community or homeowner’s association. This is a record high for the association percentage since the re-design of the SOC in 2009. The Census Bureau defines community or homeowner’s associations as “formal legal entities created to maintain common.
Brownstoner
SEPTEMBER 9, 2021
A dramatically twisting 26-story tower has topped out alongside the busy Brooklyn Bridge and the BQE in Dumbo. Located at 60 Front Street, the facade has reached about midway up the slim tower that grows out of the five-story base, and work is ongoing on the ground floor. Since Brownstoner last… Read More > The post Curvy, Twisting Condo Tower Tops Out Next to Brooklyn Bridge in Dumbo appeared first on Brownstoner.
The Mortgage Report
SEPTEMBER 9, 2021
Minnesota first-time home buyers have access to resources, special mortgage programs, and even grants or loan to help them buy a home.
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.
Better Dwelling
SEPTEMBER 9, 2021
The Canadian economy still has a long way to go before it’s recovered — possibly further than thought. RBC economist Josh Nye said today’s Bank of Canada (BoC) rate decision was widely expected. The central bank made no changes, reiterating the importance of quantitative ease (QE). Canada’s largest bank sees a risk of QE tapering […].
The Mortgage Report
SEPTEMBER 9, 2021
Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. Phew! That drop came after five straight business days without a fall. But, even so, those rates never strayed […].
Better Dwelling
SEPTEMBER 9, 2021
Canada’s largest bank might be your landlord in the not-so-distant future… if they aren’t already, at this point. The RBC Global Asset Management (GAM) Canadian Core Real Estate Fund entered into an agreement to buy half of a real estate portfolio from Quadreal this week. The deal comes as more investors are crowded out of […]. The post RBC Acquires 50% of Quadreal Real Estate Fund, As Investors Chase Rental Yields appeared first on Better Dwelling.
RIS Media
SEPTEMBER 9, 2021
The first 100 days of any new venture, especially a real estate career, can say a lot about the result. These early days lay the groundwork for what’s to come—and can even predict ultimate success or failure. As a new agent, what you do in the first 100 days will make or break your business. Real estate is the greatest business in the world, but it’s not always easy.
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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.
BubbleInfo
SEPTEMBER 9, 2021
The YoY change in the San Diego Case-Shiller Index in June was 31% higher than the national 10-city index. If we apply the same 31% to next year’s national forecast of roughly +5%, the San Diego home-appreciation rate in 2022 should be around 6.55% – though, if you ask me, it will more likely be […].
RIS Media
SEPTEMBER 9, 2021
We recently had the opportunity to talk to brokers from two popular Caribbean markets offering the best in island living to see what makes these destinations so special. Falcone. Aruba. Jan Falcone, director and owner of Aruba Palms, shares insights on this popular island in the mid-south of the Caribbean Sea. Aruba Palms offers a variety of services including relocation, buyer and seller representation, and worldwide marketing of listings, including residential real estate, commercial real esta
Brownstoner
SEPTEMBER 9, 2021
It is indeed on the petite side, but this rental does come with a bit of outdoor space and the ability to boast of carriage house living on one of Brooklyn Heights' picturesque lanes. The one-bedroom is on the first floor of 11 Hunts Lane, a modest two-story 19th century… Read More > The post Brooklyn Heights Carriage House Rental With Private Outdoor Space Asks $2,800 a Month appeared first on Brownstoner.
RIS Media
SEPTEMBER 9, 2021
The National Association of REALTORS® (NAR) exclusive REALTOR Benefits® Program has rolled out two exciting new offers for its members. One gives REALTORS® and their clients access to a $50 discount on 1-800-GOT-JUNK? services, and another offers up to 60% off identity theft protection plans from Securus ID. Declutter with a Discount from 1-800-GOT-JUNK?
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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.
Brownstoner
SEPTEMBER 9, 2021
In the News 800,000 New Yorkers Just Lost Federal Unemployment Benefits [NYT] East Flatbush Mourns Michael K. Williams: 'He Never Stayed Away' [NYT] Is Brooklyn Leading New York City Out of the Pandemic? [NYT] Fort Hamilton Senior Center Set to Reopen September 13 [BP] Brooklyn Women's Exchange Announces New in-Store Shopping Hours [BHB] Historic Wyckoff House… Read More > The post Daily Links: East Flatbush’s Historic Wyckoff House Museum Flooded During Ida Storm appeared first
RIS Media
SEPTEMBER 9, 2021
As a luxury real estate professional, how often do you nurture the relationships you have with other agents in your market? Better yet, how often do you seek out relationships with those other local agents to grow your sphere of influence? When data company ATTOM interviewed 400 real estate agents back in 2016, 34% of their actual closed business came from their network, while digital marketing, walk-ins and open houses trailed behind that statistic by nearly half.
Coldwell Banker
SEPTEMBER 9, 2021
A new tool for Coldwell Banker Global Luxury agents to offer their clients in the buying and selling of their luxury properties. The post COLDWELL BANKER REAL ESTATE LAUNCHES PARTNERSHIP WITH SUPREME AUCTIONS, ENHANCING ITS GLOBAL LUXURY MARKETING PROGRAM appeared first on Coldwell Banker Blue Matter.
RIS Media
SEPTEMBER 9, 2021
The Weichert Family of Companies raised $100,000 during its 21st Annual Charity Outing to benefit the American Cancer Society (ACS) and breast cancer research. Proceeds from the event bring the grand total that Weichert has raised for the ACS and breast cancer research to $1.737 million since the annual fundraiser began in 2001. Though last year’s Charity Outing was cancelled due to the COVID-19 pandemic, Weichert employees, associates, friends and sponsors still raised a collective donati
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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.
Realtor.com
SEPTEMBER 9, 2021
Landscape designer Garrett Magee offers his top tips for green thumbs to keep their garden in peak shape through the fall and the depths of winter. The post How To Prep Your Garden for the Cold Months Ahead: 5 Tips From a Landscape Designer appeared first on Real Estate News & Insights | realtor.com®.
RIS Media
SEPTEMBER 9, 2021
Mortgage credit availability increased in August according to the latest Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The report analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool. The details: – The MCAI rose by 3.9% to 123.7 in August. – The Conventional MCAI increased 7%. – The Government MCAI increased by 1.1%. – Of the component indices of the Conventional MCAI, the Jumbo MCAI incre
REM Online
SEPTEMBER 9, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Dale Groombridge: 50 years in real estate and ‘never worked a day’. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Exit Realty CK Elite broker/owner Kirk Groombridge is a third-generation real estate professional who recently teamed up with his father, associate broker and 50
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