Thu.Jul 22, 2021

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North American Title hires Cassidy to lead compliance

Housing Wire

Title insurance veteran Janice Cassidy has been named agency compliance manager at North American Title Insurance Co., a subsidiary of Doma. The company announced this week that Cassidy’s role will include evaluating and monitoring NATIC’s independent policy-issuing agencies, settlement and escrow agents, and approved and supported attorneys for compliance with agency underwriting agreement requirements, company programs, legal and regulatory requirements.

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Today’s Real Estate Market Explained Through 4 Key Trends

Keeping Current Matters

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage of Homes for Sale. Earlier this year, the number of homes available for sale fell to an all-time low.

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2021 Market Leaders: Compass, flat-fee brokers make noise

Housing Wire

RealTrends Market Leaders report ranks the top residential real estate firms in over 160 different metropolitan areas based on 2021 RealTrends 500 brokerage rankings. When it comes to movers and shakers in the Market Leaders report, it can be boiled down to Compass and flat-fee brokerages. Both are making noise, rising quickly up the rankings to the top of select markets around the nation.

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Global Property Bubble To Correct, Canada Is The Second Riskiest: Oxford Economics

Better Dwelling

The whole world might be in a property bubble, but Canada is the second riskiest. That’s the take from Oxford Economics in their latest housing report this morning. Adam Slater, the firm’s lead economist, broke down fundamentals for global markets. He found double-digit overvaluations are widely seen these days. The firm believes a correction is […].

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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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First American beefs up intellectual property efforts

Housing Wire

Former CoreLogic executive Rouz Tabaddor has been named vice president and chief intellectual property officer at title insurance provider First American Financial Corp. — a new position tasked with “accelerating” the expansion of the company’s intellectual property portfolio. Tabaddor will be responsible for the identification, protection and enforcement of the company’s intellectual property assets, as well as the property portfolio’s 30 active patents and 13 patent app

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Thinking of Buying a Lakeside Home? 9 Things You’d Better Consider First

Realtor.com

Getty Images If you’re reading this, you’ve probably already been scrolling through Realtor.com listings in search of your idyllic lakeside cottage. And who could blame you? In these dog days of summer, we could all use a little waterfront respite from life’s stresses. . Take it from me—lakeside living truly is a dream come true. My grandpa built a cabin in Michigan where I spent many weekends and summers, and it’s still used by our family today.

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Is it Real? The Story Behind Tony Stark’s Insane Malibu Mansion in the Iron Man Movies

Fancy Pants Homes

In a time long before Thanos wiped out half of the world’s population, one of the most memorable movie scenes in the Marvel Cinematic Universe saw Iron Man’s house crumble down to the bottom of the ocean. And while Tony Stark was (rightfully so) busy saving Pepper from the wreckage, we just sat there, looking at his futuristic mansion being wiped out from the face of the Earth.

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Instant Inventory

BubbleInfo

Abalone Landing Terrace in Carmel Valley has had a typical frenzy – low inventory and rapidly rising prices. There were two sales that closed in 2020 – one $1,650,000 in July and $1,780,000 in October. At the end of May, 2021 a new listing hit the open market at $1,950,000, and was promptly bid up […].

Land 119
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5 Ideas for Unexpected Wall Coverings

Sotheby's International Real Estate

When it comes to your walls, a simple paint job or swath of wallpaper can completely transform a space. If you’re looking for something a bit more unexpected, though, there are a few less common options for the ambitious designer looking to really make an impact. From murals and frescoes to walls covered in antique mirrors, there’s no shortage of inspiring and one-of-a-kind wall treatments that feel like a departure from the ordinary.

Design 119
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U.S. Existing Home Sales Rebound in June After Four Months of Declines

Realtor.com

Chris Delmas/AFP via Getty Images The numbers: Existing-home sales rose 1.4% to a seasonally adjusted annual rate of 5.86 million in June, the National Association of Realtors said Thursday. Compared with June 2020, home sales were up nearly 22.9%, though the year-over-year comparisons are skewed by the onset of the COVID-19 pandemic last year. The rebound was not as large as expected.

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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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On the Fence About Selling? These Signs Can Indicate It’s Time to Make a Move

Lighter Side of Real Estate

It can be challenging to determine when the best time to sell your home is. But if you’re on the fence about when (or if!) to sell your home, you could end up pushing off your home sale because you can’t make a decision—and missing out on the best time to sell. So, the question is—what are some signs to be on the lookout for that will help you determine when you should sell?

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What the Flip? This Remodeled Montecito, CA, Home Is a Boho-Modern Masterpiece

Realtor.com

Realtor.com Flipping a house is a lot of work, and can yield a big profit. But not every project is guaranteed to be lucrative. So what’s the key to successfully making over a fixer-upper and selling it for a gain? Our series “ What the Flip? ” presents before and after photos to identify the smart construction and design decisions that ultimately helped make a house desirable to buyers.

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Supertall Attached to Dime Savings Bank in Downtown Brooklyn Nears Apex

Brownstoner

The long-in-the-works supertall attached to the iconic Dime Savings Bank in Downtown Brooklyn is nearing its apex, making it—before completion—the tallest building in the borough. Located at 9 Dekalb Avenue, the building has reached approximately 65 of its eventual 73 stories (it was at 26 stories in November). Work is still… Read More > The post Supertall Attached to Dime Savings Bank in Downtown Brooklyn Nears Apex appeared first on Brownstoner.

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A Side Effect of COVID-19: Pandemic Homebuying Remorse

Realtor.com

Illustration by Erin Culton | Photos from Getty Images When COVID-19 struck New York City, dietitian Lisa Moskovitz was living in a two-bedroom apartment in Manhattan with her commercial banker husband and 2-year-old twin boys. They had no balcony, no rooftop—no escape from the panic unfolding around them. After a few months staying with parents in suburban Long Island, they began shopping for a second home north of Manhattan, in the Hudson Valley.

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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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Mortgage and refinance rates today, July 22, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday. But, of course, they remain very close indeed to their lowest levels in history (or, rather, since the 1970s […].

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It’s Hot! Here’s How To Prep For Selling During The Summer

Homes.com

If you’re thinking of listing your home soon, here’s how to ensure that selling during the summer doesn’t burn you — or anyone else — in the process! The post It’s Hot! Here’s How To Prep For Selling During The Summer appeared first on Homes.com.

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ERA® REAL ESTATE EXPANDS CALIFORNIA PRESENCE WITH AFFILIATION OF CARLILE REALTY GROUP & LENDING

Realty Biz

ERA ® Real Estate , a global franchising leader within the Realogy family of brands, today announced the affiliation of ERA CARLILE Realty Group. Founded in 2005 the company is headquartered in Sacramento, CA, and serves Arden-Arcade, Sacramento, Fair Oaks, Carmichael, Orangevale, Rancho Cordova, Elk Grove, Roseville, Rocklin and Lincoln, as well as other Northern California communities.

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Fort Greene Duplex With Double-Height Living Room, Marble Mantels, Skylights Asks $3,700

Brownstoner

This one-bedroom in a Fort Greene brownstone creatively duplexes the top floor and attic, carving out a double-height living room in the front. Possibly a '60s relic, when such alterations flourished, the apartment has two marble mantels, a large and recently updated eat-in kitchen, attic storage space and 1.5 bathrooms.… Read More > The post Fort Greene Duplex With Double-Height Living Room, Marble Mantels, Skylights Asks $3,700 appeared first on Brownstoner.

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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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MBA Pilot Program Tackling Minority Homeownership Gap

RIS Media

The Mortgage Bankers Association (MBA) recently launched a major pilot program to promote minority homeownership opportunities in Columbus, Ohio. The details: – CONVERGENCE: Columbus is led by MBA, the Ohio Housing Finance Agency and the John Glenn College of Public Affairs at The Ohio State University. – It will be a multi-year commitment involving stakeholders from the government, the nonprofit sector and the housing finance industry. – MBA launched a similar pilot program in

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Despite Recent Progress, Bankruptcy Threatens Long-Anticipated Nassau Brewery Restoration

Brownstoner

The long-anticipated restoration and adaptation of the historic Nassau Brewery at 945 Bergen Street could be scrapped by a bankruptcy sale just as it inches toward completion. An investor who came on board in 2016 with a $5 million cash infusion is asserting control over the project, filed a Chapter 11… Read More > The post Despite Recent Progress, Bankruptcy Threatens Long-Anticipated Nassau Brewery Restoration appeared first on Brownstoner.

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The Longer the Commute, the Cheaper the Home?

RIS Media

The COVID-19 pandemic significantly impacted moving trends in the U.S., with remote opportunities providing buyers more flexibility when it comes to deciding on a locale, allowing them to save by purchasing farther away from dense urban centers. Have trends continued on this path since? According to a new Zillow report, largely yes, but there have been some outliers.

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Daily Links: City Sublets for Business, Free Subway, ‘Feminist’ Housing Are Among Ideas to Rebuild NYC

Brownstoner

In the News These 115 Workers Helped Keep New York Alive in Its Darkest Months [NYT] City Tickets Spike Lee’s Fort Greene Company Over Illegal Parking Spots [NYP] Muslim-Americans Join to Celebrate Eid Al-Adha at Bensonhurst Park [BP] 25 Ways to Make the Post-COVID City More Livable, Prosperous, Just [Curbed] Brooklyn’s 50 Most Fascinating People… Read More > The post Daily Links: City Sublets for Business, Free Subway, ‘Feminist’ Housing Are Among Ideas to Rebuild NYC appe

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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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NAR 2022 Leadership Academy Class Announced

RIS Media

The National Association of REALTORS® (NAR) recently announced the roster of its 2022 Leadership Academy class. Twenty REALTORS® from across the country have been chosen to participate in the 10-month program, which will prepare emerging state and local volunteers for future leadership positions at NAR. “NAR’s Leadership Academy allows our volunteer leaders to develop the skills and gain the experiences they’ll need as they represent REALTORS® and work to secure a better future

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Canadian Businesses Expect The Price of Goods To Rise Almost 5%: BMO

Better Dwelling

You’re not alone if you aren’t buying the “inflation is transitory” narrative. BMO Capital Market senior economist Robert Kavcic unpacked price change sentiment data. Small business owners see the cost of goods rising a lot over the next year. In fact, prices are expected to rise the most in at least a decade, by a […]. The post Canadian Businesses Expect The Price of Goods To Rise Almost 5%: BMO appeared first on Better Dwelling.

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Yardi Matrix: Multifamily Rent Growth Breaking Records

RIS Media

Asking rents for multifamily properties increased by an average 6.3% year-over-year in June, according to Yardi® Matrix. This is the largest jump recorded by the company. By the numbers: – The national average apartment rent increased $23 in June to $1,482. – Migration is increasing rents in Southwest and Southeast metros like Phoenix (17.0%), Tampa and California’s Inland Empire (both 15.1%), Las Vegas (14.6%), and Atlanta (13.3%).

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The Shape of Regulation to Come, Part 2: Introducing RINRA

Notorious ROB

In Part 1, I speculated on the obvious first-order regulations headed our way as an industry, as well as the need for further regulation and enforcement mechanisms that those top-level regulations will create. In particular, I thought that the government (whether FTC or someone else) will need to figure out how to get information and data from the industry and provide oversight: However I think these things through, I can't escape the fact that any government regulation of these rules and polici

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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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Big Dip for Forbearance Rates, MBA Reports

RIS Media

The number of total loans in forbearance decreased by 26 basis points as of July 11—from 3.76% to 3.50%. This is the largest weekly drop since October, now leaving about 1.75 million homeowners who are currently in forbearance plans. By the numbers: – Fannie and Freddie loans in forbearance decreased 8 basis points to 1.83%. – Ginnie Mae loans decreased 42 basis points to 4.36%. – Portfolio loans and private-label securities in forbearance decreased 61 basis points to 7.33%. &#

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Mississauga Realtors donate over 16,000 pounds of food and baby goods

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Mississauga Realtors donate over 16,000 pounds of food and baby goods. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Members of the Mississauga Real Estate Board recently donated more than 16,000 pounds of food and baby goods to the Mississauga Food Bank.

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3 Ways to Cool Down Your Home This Summer

RIS Media

We’re mid-way through summer and there’s already been several heat waves making their way across the country. If you struggle to keep your home cool in the warmer months, or your electricity bills are astronomical because you run the air conditioner all day, you may want to consider the following. Keep Sunlight Out. Window coverings, such as thermal curtains or shades and blackout curtains, can reduce the amount of sunlight that enters your home and keep it cooler during the hottest

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Kevin Crigger on why TRREB wants to be your partner board

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Kevin Crigger on why TRREB wants to be your partner board. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. It’s not the most popular position to take, but Kevin Crigger, president of the Toronto Regional Real Estate Board, is unapologetic.

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.