Housing Wire
NOVEMBER 14, 2022
HousingWire spoke to Tom Hutchens, EVP of Production at Angel Oak Mortgage Solutions, about the outlook for non-QM in 2023 and why lenders should keep an eye on the non-QM space. HousingWire: How has the non-QM space evolved over the past year? Tom Hutchens: The non-QM space has evolved quite a bit in the past year. There is some good news and some not so good.
Keeping Current Matters
NOVEMBER 14, 2022
Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market.
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Housing Wire
NOVEMBER 14, 2022
Rate lock volume has dropped by more than 60% over the past 12 months as it struggles under the weight of high mortgage rates , which closed out October at 7.06%. Amid the surging rates, the refinance market is nearing the bottom. The decline in rate lock volume was driven by a 25.1% decline in cash-out locks from September and an additional 15.7% drop in rate/term refi, according to Black Knight ’s origination market report.
Real Trends
NOVEMBER 14, 2022
Real estate professionals and leaders are told to “grind through, push through and break through your challenges,” said Jay Shetty, host of the On Purpose podcast and the keynote speaker at the NAR NXT conference in Orlando. And, in this slowing housing market, that message is everywhere. Be resilient, push through, work harder than ever… However, he said, “When you are trying to get through something really tough, you actually lose part of yourself.
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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
NOVEMBER 14, 2022
Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We view the launch of this venture as the natural progression of our company’s growth,” Corey Caster, executive vice president of national production at Nations Lending, said.
Eye on Housing
NOVEMBER 14, 2022
As a previous post has shown, the share of new homes with patios increased for the sixth year in a row in 2021, to a post-2004 high of 63.0 percent At the same time, the share with decks was trending in the opposite direction, declining for the fifth year in a row to a post-2004 low. Of the roughly 1.1.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Trends
NOVEMBER 14, 2022
The cooling real estate market is posing some difficulties for agents. Many homeowners who refinanced at lower rates during the last couple of years are choosing to stay in their homes with their locked-in mortgage rate rather than placing them on the market. And with rates as high as they are now, there is less purchase activity in general. “Finding people who want to sell their home and having them choose you as their agent is a lot more challenging than it used to be,” CubiCasa President Jeff
Bigger Pockets
NOVEMBER 14, 2022
With mortgage rates topping 7% and home prices remaining elevated, Americans are less confident than they’ve ever been about their home-buying prospects. According to Fannie Mae, only 16% of consumers believe […].
Real Trends
NOVEMBER 14, 2022
Instagram Stories are a fun, alternative method of sharing real estate-related content that can actually help engage your audience. . Not only do Instagram stories show up at the top of your followers’ feeds, if you’re consistent and keep your viewers engaged, but you’ll also continue to be pushed to the front of the line for IG stories. Here are 10 Instagram Story ideas to capture attention in ways that your regular posts won’t. 1.
GeekEstate
NOVEMBER 14, 2022
[Editor’s Note: Below is the full text of our 232th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on November 10th, 2022.]. Discussions about proptech leaders usually start and end with either CoStar or Zillow. Both are formidable proptech companies. CoStar has a monopoly on commercial real estate data, having built a robust legacy business over decades, carved out Apartments.com as a rentals leader, and with heavy investments in residential real e
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.
The Close
NOVEMBER 14, 2022
Every agent needs a high-functioning, effective website. Your branding, prospecting, lead generation, and property marketing efforts begin and end with your website, but few agents have the time to actively manage one. In our review of the company’s offerings, we found Placester understands that pain point and offers a unique solution. Placester is a real estate website builder that not only designs and builds a custom real estate site, but manages and updates the site for you—forever.
Realty Biz
NOVEMBER 14, 2022
Liens are generally a bad thing if you’re the person having one placed against your property. There are many different types of property liens. In the broadest sense, a lien is a third-party financial interest in a specific property. Some liens are voluntary, granted by the property owner — such as a mortgage. Other liens are involuntary and are granted by courts or taken by government agencies.
Realtor.com
NOVEMBER 14, 2022
Design by Realtor.com / Getty Images (2) What a difference just a few months can make. As the year comes to a close, the red-hot housing market has been brought to its knees by soaring mortgage interest rates. It now appears to be in a standoff as just about everyone suddenly feels stuck. Home prices are beginning to fall from their peaks in some of the nation’s hottest markets—but not enough to make up for the higher mortgage rates.
HomeLight
NOVEMBER 14, 2022
When the time comes to move, some tenacious homeowners in New York are eager to take over the reins of their home sale and figure out how to sell a house by owner. A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment.
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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.
Realty Biz
NOVEMBER 14, 2022
Billions of people worldwide own smartphones. How can you use this statistic to improve your real estate sales? With SMS marketing or text message marketing, real estate agents can reach homebuyers more directly. By marketing their services through texting, they're likelier to win over clients and sell houses more quickly. This might sound too good to be true if you're unfamiliar with the benefits of this method.
HomeLight
NOVEMBER 14, 2022
When it comes time to sell your house you probably have a lot of questions. How much is my home worth? How quickly can I sell? And, where do I find a good Realtor®? An Internet search will give you a bewildering array of options, including a company called Redfin. Redfin is one of the largest discount real estate brokerages in the country. Their agents accept a discounted listing fee, or charge a lower fee if you’re buying with them.
Realty Biz
NOVEMBER 14, 2022
Every real estate professional knows that marketing your services is the key to long-term success. Simply put, you need strong sales to funnel directing prospects to you whenever they’re looking for the services of a real estate agent. Today, that means having a strong online digital presence Without a sufficiently robust presence, it becomes increasingly difficult to source new clients, especially since today, so many house hunters - up to 97 percent !
Toronto Realty Blog
NOVEMBER 14, 2022
TorontoRealtyBlog. What does ridiculous mean? While I’m sure we could find some synonyms with relative ease, defining the word is a bit more difficult. Then again, examples are always worthwhile. The Buffalo Bills blowing a late lead in spectacular fashion on Sunday with a Josh Allen fumble and a Josh Allen interception – that’s ridiculous.
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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.
Realtor.com
NOVEMBER 14, 2022
Photo courtesy of Tanner Homes via Houzz Would-be home sellers have been facing quite a conundrum for the past few months. Sky-high mortgage rates and inflation have kept homebuyers from coming in droves like they did last year, and that, in turn, has caused homeowners to consider one crucial question: Should I list now or wait until the real estate market cools?
Realty Biz
NOVEMBER 14, 2022
JPAR® – Real Estate was identified by Franchise Business Review as one of just 100 franchise brands to be named an award-winning franchise in its 2022 report on the Most Innovative Franchises. The JPAR® – Real Estate platform provides our brokers and sales professionals with a best-in-class technology and marketing platform specifically designed to position the agent at the center of the transaction.
Better Dwelling
NOVEMBER 14, 2022
Every asset bubble has common issues, and leads to a scramble to identify which bubble we’re in. After all, if you identify which bubble this is like, you might be able to identify the outcome. BMO Capital Markets shared the similarities of this cycle with five major booms-and-busts. Here’s what’s similar, and what isn’t. Post-War […].
Realtor.com
NOVEMBER 14, 2022
Fresh Patch An indoor potty for your pooch is not just a pipe dream. Savvy solutions abound that are way better than a wee-wee pad. Because let’s be honest: Paper training is OK, but it’s not always realistic for larger dogs (unless those pads are pillow-size), and some experts frown on this practice regardless. “Pee pads can confuse a dog,” says Hollywood animal trainer Doree Sitterly. “If you teach them it’s all right to use a wee-wee pad, they might think
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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.
Agent Fire
NOVEMBER 14, 2022
Real estate branding is more than just a logo. Learn how agents and teams connect and communicate with their target audiences with this guide, complete with examples! Real Estate Branding for Agents and Teams is just one of many great real estate strategies on The Spark.
Brownstoner
NOVEMBER 14, 2022
In the News Marine Park JHS Parents, Educators Want Principal Out [NYP] Flood, Fires, Pandemic: Prospect Heights BBQ Restaurant Owners Beat Jinx [NYP] NYC Girl Scout Troops Come Roaring Back After Pandemic Pause [NYDN] WWII Veterans’ Stories Uncovered at Brooklyn’s Green-Wood Cemetery [NYDN] Brooklyn Law School Examines the Lenapehoking Anthology [Eagle] Phase One of Construction Complete… Read More > The post Daily Links: Greenpoint’s McGolrick Park Gets New Paving, Benches appe
Sotheby's International Real Estate
NOVEMBER 14, 2022
Since the dawn of time, humans have looked to the night skies in search of something bigger than ourselves. We have sought out direction, greater meaning, and contemplated our place in the universe. Astronomy, astrology, and religion have all been inspired by people who took the time to peer upward and search for the beacons of light softening the infinite darkness.
RISMedia
NOVEMBER 14, 2022
By Brooke Chaplin It is always exciting to plan a bathroom remodel, but you want to avoid causing financial stress over your project. Luckily, there are ways to stay on top of your budget while planning a remodel. The following tips can help you set and stick to your budget while remodeling your bathroom. Set […]. The post How to Budget While Remodeling Your Bathroom appeared first on RISMedia's Housecall.
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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.
Brownstoner
NOVEMBER 14, 2022
In the Clinton Hill Historic District, this 1860s brick row house hasn't changed hands since the 1970s, and although in estate condition, it comes filled with period details like plasterwork, mantels and ceiling medallions. The house at 468 Gates Avenue is one of two constructed circa 1867 to 1868 by… Read More > The post Estate-Condition Clinton Hill Brick House With Marble Mantels, Plasterwork Asks $2.795 Million appeared first on Brownstoner.
Point2Homes
NOVEMBER 14, 2022
The most expensive zip codes are almost always synonymous with the most desirable zip codes. These are areas of wealth and luxury where a sprawling living space is a given and the amenities are unbeatable. But, what these places are not, is available to just anyone. With price tags in the millions, homes in these areas can offer the world, but they’ll cost you the prettiest of pennies.
Brownstoner
NOVEMBER 14, 2022
The festive season is truly on the horizon when holiday fairs start popping up on the calendar, and this year an annual Brooklyn Heights tradition serves up some pre-Thanksgiving shopping. The Danish Seamen’s Christmas Fair offers Scandinavian design, ornaments, knitwear and other treats to gift, as well as some traditional… Read More > The post Get a Start on Your Holiday Shopping With the Danish Seamen’s Church Annual Christmas Fair appeared first on Brownstoner.
Realtor.com
NOVEMBER 14, 2022
MLS via Realtor.com An imposing Victorian in Rome, GA, is offering potential buyers a look inside where dreams (or nightmares) are made. The chilling Creel House seen in Season 4 of the hit Netflix show “Stranger Things” has just landed on the market for a cool $1.5 million. Although the show takes place in the fictional town of Hawkins, IN, the real-life house can be found in this Southern town.
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