Tue.Oct 04, 2022

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The Cost of Waiting for Mortgage Rates To Go Down

Keeping Current Matters

Mortgage rates have increased significantly in recent weeks.

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Home price growth to slow drastically next year

Housing Wire

Even as home prices continued to post strong year-over-year growth in August, rising 13.5% for the 127th consecutive month of annual gains, CoreLogic is predicting much smaller yearly home price growth moving forward. August’s double-digit yearly increase is the lowest year-over-year appreciation since April 2021 and it marks the fourth straight month of slowing price growth , according to the data and analytics firm’s Home Price Insights report published on Tuesday.

Mortgages 429
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Home Showing: Best House Viewing Tips For Selling a House

Maximum Exposure Real Estate

How a Home Viewing Can Make or Break House Sales Do you know how a home showing works? House viewings start a buyer becoming interested enough to make an offer on your place. Showing a house is one of the primary functions of a buyer’s agent. It would help if you strived to make the […]. The post Home Showing: Best House Viewing Tips For Selling a House appeared first on Maximum Real Estate Exposure.

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Guild Mortgage has an appetite for acquisitions

Housing Wire

The shift from a refinance boom to a purchase market will leave some mortgage lenders and loan officers with only two options: “Consolidate or exit the business,” according to ​​Mary Ann McGarry, Guild Mortgage’s chief executive officer. Meanwhile, McGarry said Guild is well positioned to acquire these assets but will be very patient in closing a deal. “Think of 2020 and 2021.

Mortgages 401
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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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What’s the Best Real Estate Company to Work for in 2022?

The Close

According to the National Association of Realtors (NAR) research, the median agent tenure at a brokerage is five years (even less in the COVID era), so it’s likely that at some point in your career, you’ll consider making a switch. But how do you decide which company is best for you? Through research and interviews, we evaluated dozens of real estate companies based on the criteria that matter most to you.

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Last chance to get 20% off CREtech NYC October 12th-13th

GeekEstate

[Editor’s Note: Geek Estate Offers are special offers for members of the GEM ]. Once again, CREtech is bringing together leaders in the commercial, residential, PropTech, and climate tech industries for two days of speaking engagements, networking opportunities, and industry insights in the incredible New York City. Register if you want to… Get off of zoom and back to in-person networking opportunities with other innovative-driven industry professionals.

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LodeStar integrates with Stewart

Housing Wire

Closing fee-related compliance tool provider LodeStar is integrating with title insurance provider Stewart , the companies said Monday. The Philadelphia-based firm said that the integration will allow all users of LodeStar’s closing fee calculator to access the title and settlement fees of any Stewart -related company, including those of independent title agencies issuing Stewart policies.

Title 411
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Is it Real? Michael Myers’ house in the ‘Halloween’ movies

Fancy Pants Homes

‘It’s Halloween. Everyone’s entitled to one good scare.’. If you’re a die-hard scary movie fan, you might recognize that line from one of the greatest and most influential slasher films of all time, the original Halloween , released in October 1978. Directed by the legendary John Carpenter, produced by Debra Hill, and starring a then-unknown Jamie Lee Curtis, Halloween managed to do something that we didn’t think was possible: make Halloween night legit scary, not just for kids, but

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Here are the 2022 HousingWire Vanguards!

Housing Wire

Each year, the HousingWire Vanguards represent an elite group of industry executives who are moving the housing market forward. But these industry veterans didn’t fall into these roles overnight. The vast majority of them have carved unique paths for themselves, picking up invaluable knowledge along the way to help them better strategize and lead their organizations.

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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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Vickie Pizzarelli joins Engel & Völkers as a Real Estate Advisor

Realty Biz

Engel & Völkers of East Greenwich announced today that Vickie Pizzarelli has joined its brokerage as a real estate advisor, where she specializes in new construction, residential sales, foreclosures, and short sales. Vickie brings more than 30 years of leadership experience to this new role, and she has consistently been a top performer in the industry.

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Despite market headwinds, title industry reports strong Q2

Housing Wire

Even with a sharp rise in interest rates toward the end of the second quarter, the title insurance industry still recorded a relatively strong fiscal quarter, according to the American Land Title Association’s Market Share Analysis. During Q2 2022, ALTA recorded $6.21 billion in title insurance premium volume, only slightly down from the $6.54 billion recorded a year ago.

Title 411
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Giving It Away?

BubbleInfo

It was back when some homeowners had little equity that my favorite seller quote became a t-shirt legend. But we still hear it today – when it comes to price, home sellers regularly say, “I’m Not Giving It Away!” Their equity positions used to be pennies, compared to today. Back in 2009, there were plenty […].

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RON’s competitive advantage in today’s housing market

Housing Wire

As more of the mortgage process becomes digital, RON has been proving to be a powerful part of the tech transformation for industry professionals. HousingWire recently spoke with Brian Webster, President of NotaryCam, about how RON can provide a competitive advantage for lenders both in terms of being a digital capstone for customers and a means for attracting and retaining top talent in the current market. .

Marketing 411
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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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How Long Does It Take to Become an Appraiser?

McKissock

If you are considering a career in the appraisal field , you may be curious about how long it takes to get licensed and start earning an income as a real estate appraiser. The exact answer will vary due to a number of factors, including what state you live in. Here is some information to help answer the frequently asked question, “How long does it take to become an appraiser?

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Inside the Prancing Horse Estate

Sotheby's International Real Estate

If the backdrop of the towering Santa Ynez Mountains and the majestic Pacific Ocean weren’t an immediate—and captivating—giveaway of this estate’s whereabouts, it might easily be mistaken for a secure, secluded resort or private compound in the Italian countryside. Rather, this lavish 10,999-square-foot palazzo on some 12.5 impeccably manicured and gated acres is a dazzling stateside example of Tuscan architecture that is the work of esteemed Southern California architect Don Nulty.

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Job Openings Fall as Economy Slows

Eye on Housing

The count of open, unfilled jobs for the overall economy fell 10% in August, declining from almost 11.2 million to 10.05 million. The decline for open jobs reflects the beginnings of a labor market retreat as the economy slows due to aggressive tightening of monetary policy by the Fed.

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Ask Brian: How to Deal With Checks Marked for Current Rent When Back Rent is Still Due?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Howard in NV: Hi Brian, I have a duplex and four rental houses, and I’ve been an active landlord for 16 years. I think I do a rather good job of screening tenants and seldom have a problem with late rent payments.

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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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Red Flags to Look Out For In a Property Manager

Real Estate Investar

A great property manager is an important asset in your property investing team. When people invest in property, one of their main concerns is normally how they are going to manage tenants and ongoing maintenance issues.

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Worried About the Market? Here Are 11 Ways to Invest During a Housing Correction

Bigger Pockets

We are in a housing correction. It remains to be seen what this means for prices in the national housing market, but some trends are becoming clear. We can gather […].

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Live in an Old Home? Here’s 3 Upgrades You’ll Want to Make Happen

RISMedia

By Emma Sturgis A lot of people like the idea of living in an old home. There's something charming and quaint about it. But there are also some drawbacks. For one thing, old homes often don't have a lot of the features and amenities that people have come to expect in a modern home. Here […]. The post Live in an Old Home? Here’s 3 Upgrades You’ll Want to Make Happen appeared first on RISMedia's Housecall.

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They’re Here—7% Mortgage Rates. What Now?

Bigger Pockets

Mortgage rates briefly rose above 7% on 30-year fixed rate products for the first time since 2002 last week before receding down about 20 basis points to 6.8%, according to Mortgage […].

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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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3 Unique Homes That Break Tradition

Sotheby's International Real Estate

Across eras and continents, certain styles of home are considered classic, boasting an appeal that’s both long lasting and highly coveted. Many properties that adhere to a traditional style are bound by specific aesthetic or architectural parameters. But occasionally, a home is built or renovated in such a way that it preserves all the charm of its traditional style, while also breaking with that tradition in unique and unexpected ways. .

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BiggerNews October: Should You Sell Before the Fed “Creates” a Crash?

Bigger Pockets

After a strong housing market runup, the Federal Reserve is looking to tame this economic beast with yet another rate hike. Most investors see now as a time to take […].

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Artists and Makers Show Off Their Work This Weekend at the Annual Red Hook Open Studios

Brownstoner

You can roam the atmospheric streets of Red Hook and get a look at the creative process with the return of an annual event that has artists and makers throwing open their studio doors. Red Hook Open Studios takes place this weekend and roughly 150 artists will be participating in… Read More > The post Artists and Makers Show Off Their Work This Weekend at the Annual Red Hook Open Studios appeared first on Brownstoner.

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How to Determine if Rent-to-Own or a Mortgage is Best for You

Realty Biz

Owning a home remains a critical part of the American Dream. Homeowners have more stability than renters, and buying a home is often the first step on the path to building wealth. Financing a home can be challenging, though. Here’s how to determine if rent-to-own or a mortgage is best for you. . Benefits of Homeownership. Buying a home is one of the first steps to building generational wealth.

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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.