Housing Wire
MAY 26, 2022
Purchase mortgage rates this week averaged 5.10% continuing a decline from last week amid a housing market slowdown, according to the latest Freddie Mac PMMS. A year ago at this time, 30-year fixed rate purchase rates were at 2.95%. The government-sponsored enterprise index accounts solely for purchase mortgages reported by lenders during the past three days.
Keeping Current Matters
MAY 26, 2022
You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MAY 26, 2022
It’s an excellent time to discuss housing inventory. The housing market shifted in March of this year. As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Since the summer of 2020, this has been my main talking point on what can cool down housing ; it’s a 10-year yield above 1.94% , meaning rates above 4%.
The Mortgage Report
MAY 26, 2022
What’s driving the huge mortgage rate growth this year and should we expect it to continue? Find out on The Mortgage Reports Podcast.
Advertisement
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
MAY 26, 2022
A Florida-based loan officer faces more than 30 years in federal prison if convicted on charges alleging she falsified divorce papers and child support payment information to help unqualified borrowers secure a loan, according to a Department of Justice indictment. Evelisse Hernandez is charged with four counts of bank fraud and four counts of aggravated identity theft.
Eye on Housing
MAY 26, 2022
According to NAHB analysis of quarterly Census data, the count of multifamily, for-sale housing starts increased during the first quarter of 2022. At 11,000 units started, this was the best quarter for condo construction since the third quarter of 2008. As a result, the market share of rental units of multifamily construction starts decreased to 91% during the first quarter.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Sotheby's International Real Estate
MAY 26, 2022
To live in the Berkshires is a privilege. To live in the Berkshires beside a pristine, 33-acre lake on a gated property is a rare gift, reserved only for the phenomenally lucky. Gladys Montgomery – William Pitt Sotheby’s International Realty. Exploring this lakefront compound, it’s clear there are few things more desirable than a home located steps away from a private deck, an exclusive dock, and a stretch of calm water.
Housing Wire
MAY 26, 2022
At least two financial institutions brought back adjustable-rate mortgage (ARM) products this week amid surging mortgage rates and double-digit home price growth. Michigan-based wholesale lender Homepoint rolled out a jumbo ARM product offering a maximum loan amount as much as $2.5 million, with a maximum loan-to-value ratio of 80%. Homepoint’s jumbo ARMs have a seven- or 10-year fixed-rate period and the loan adjusts every six months, according to Homepoint.
The Mortgage Report
MAY 26, 2022
Today’s mortgage and refinance rates Average mortgage rates moved only modestly lower yesterday. We can say mortgage rates are no longer rising swiftly. But we can’t be sure how long […].
Housing Wire
MAY 26, 2022
In the midst of a competitive purchase market, it’s more important than ever to foster existing borrower relationships. In light of this, HW Media CEO Clayton Collins spoke with Steve Reich, COO at Finance of America Mortgage, to learn more about tactics top originators are using to build and retain relationships with borrowers. . With the current housing inventory crunch and rising rates slowing refi volume, lenders are finding themselves in a much different position than this time last year.
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.
HomeLight
MAY 26, 2022
You probably know that selling your home costs money. The trick is to slim down your costs without hurting your home’s sale price. It may be tempting to cut all extra spending and just sell your house as-is, but that could end up tanking your final profit or cause your house to sit on the market longer. You don’t have to fall into that trap. Instead, you can find out what’s negotiable and what’s not in our home seller’s cost guide.
BubbleInfo
MAY 26, 2022
Economic_Forecast_May_22 We’re going to be hearing for months about how sales are dwindling. It’s mostly due to comparing 2022 stats to last year’s numbers, which were the most frenzied-up numbers ever. But it is also due to it being a market for the affluent now. Look at the chart above. Even though sales are down […].
Brownstoner
MAY 26, 2022
This apartment in a Greek Revival house in the Brooklyn Heights Historic District has the rectangular stone mantel and overall simplicity that are hallmarks of the style. It also has in-unit laundry, a terrace and a lofted storage space. With only two rooms, it is not overly large, however, despite… Read More > The post One-Bedroom With Mantel, Laundry, Terrace in Heights Greek Revival Wants $3,600 appeared first on Brownstoner.
Dwell Real Estate
MAY 26, 2022
While the investigation into the exact cause of the Surfside condominium collapse continues, documents released by the City of Surfside revealed the warning signs for the beachfront Champlain Towers South condo disaster that ensued. 11 months after the tragic collapse of the Surfside condos that killed 98 people in the middle of the night, lawmakers in Florida in both chambers passed new safety legislation that set statewide standards for more frequent inspections and which requires condo boards
Advertisement
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.
Brownstoner
MAY 26, 2022
Thinking about moving to Westchester? Local expertise is key, advised panelists at a recent Brownstoner webinar "Tips for Buying in Westchester." Watch the free webinar here: [link]. The webinar, part of the Brownstoner Home Event Series, featured Brian Scott Cohen, a senior loan originator at GR Affinity, who offered the advice: "When… Read More > The post Check This Video for Insight From Brownstoner Webinar ‘Tips for Buying in Westchester’ appeared first on Brownstoner.
Dwell Real Estate
MAY 26, 2022
Governor Ron DeSantis announced the June 1 launch of the Florida Hometown Heroes Housing Program to help Floridians in over 50 critical professions purchase their first home. The Hometown Heroes Housing Program will be available to Floridians including law enforcement officers, firefighters, educators, healthcare professionals, childcare employees, and active military or veterans.
Brownstoner
MAY 26, 2022
The nation’s top weather experts are predicting the seventh in a row “above average” Atlantic hurricane season this year, and Mayor Eric Adams is urging New Yorkers to get prepared. The National Oceanic and Atmospheric Administration on Tuesday forecasted that the 2022 season could see upwards of 21 “named storms,” where… Read More > The post Another ‘Above Average’ Hurricane Season Predicted to Hit the Eastern Seaboard this Year appeared first on Brownstoner.
1000Watt
MAY 26, 2022
Let’s play a little game of word association, OK? . Here goes: PROPERTY MANAGEMENT. I’m going to go out on a limb and say your answers are something like, “investing,” “repairs,” “maintenance,” or “screening.”. Not exactly the stuff of aspiration and emotion. . Which is kind of messed up, since, when you think about it a little bit, there’s all kinds of purposeful, powerful, life-changing territory to explore within property management.
Advertisement
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
MAY 26, 2022
Interior designer Christina Nielsen brought a spot of English flair to Brooklyn recently when she set up her Clinton Hill-based design practice, Christina Nielsen Design. By that she means "Everything very intentionally put together, with lots of layers and patterns," as in the decor of the duplex apartment she shares with… Read More > The post The Insider: Emerging Designer Brings Lively Layered English Style to Clinton Hill Duplex Rental appeared first on Brownstoner.
Tom Ferry
MAY 26, 2022
Summer is coming up! You and your family want to get away, but you’re afraid what will happen to your business if you step away for a week or two. And no one wants to be tethered to their cell phone throughout vacation. So, what’s the solution? I’ve got four tips to ensure your business […]. The post 6 Ways to Go on Vacation Without Your Business Burning Down appeared first on Tom Ferry.
Agent Fire
MAY 26, 2022
No real estate agent wants to waste their day at an unproductive open house. Catch leads, please sellers, and become a hyperlocal leader with these 31 tips! 31 Open House Tips to Capture Promising Leads is just one of many great real estate strategies on The Spark.
BubbleInfo
MAY 26, 2022
Someone posted this online, and I thought it was one of the most bizarre real estate photos ever. The tennis-court salesman in this neighborhood was really good!
Advertisement
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.
Redfin
MAY 26, 2022
If you’re an apartment dweller, you may have considered the idea of owning your apartment. But can you actually buy an apartment? Well, the answer is a bit complicated. . In this article, we’ll dig into what your options are if you’re looking to buy an apartment, what you should consider before doing so, and if purchasing an apartment is actually a good idea.
Realty Biz
MAY 26, 2022
A new study from Redfin shows that homebuyers could save an average of $260 per month if they purchase a home now with an adjustable-rate mortgage rather than a traditional fixed-rate loan. That would mean savings of more than $15,000 over the first five years of the loan. It’s a tempting number that explains why so-called ARMs are in big demand. Earlier this month it was reported that demand for ARMs had reached a 14-year high amid rising interest rates that have made standard mortgages far mor
Redfin
MAY 26, 2022
Apartment hunting can be an exciting experience, especially if you’re looking for a unique space that you’ll love living in. However, if you’re new to renting or moving into a new type of rental, it can be overwhelming to understand all the terms and different types of apartments available to you. Whether you’re looking for a studio, a top-floor loft, or just wondering what options are out there, we’ll cover 22 different types of apartments to help you figure out where you shou
Mashvisor
MAY 26, 2022
One of the key factors in real estate investing is purchasing a listing for a reasonable price. So, when will housing prices drop?
Advertisement
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.
McKissock
MAY 26, 2022
A “green” or “high performance” home refers to a residence that has less of a net impact on the environment than its traditional alternative. If you’re interested in becoming a green home appraiser , you may be wondering, “What makes these types of assignments unique?” There are many things that make green home appraisals different from typical residential appraisals.
Mashvisor
MAY 26, 2022
Interested in what Mashvisor competitors look like? Let’s take a quick break from market insights and take a look at the tools we use.
RISMedia
MAY 26, 2022
By Joey Macari In the latest RISMedia webinar—“ Lessons in Leadership with Dermot Buffini”—panelists Dermot Buffini, CEO of Buffini & Company; Chris Trapani, Co-Founder & CEO of Christie's International Real Estate Sereno, gives insight into effective business leadership, having a personalized but practical vision and fostering a company culture that serves others with love.
BubbleInfo
MAY 26, 2022
The premiere of Top Gun 2 is upon us, and I didn’t get it done. We aren’t having our own show.
Advertisement
BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.
Expert insights. Personalized for you.
468 
Let's personalize your content