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.
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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.
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.
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Housing Wire
MAY 26, 2022
Freddie Mac will now automatically verify borrower employment 10 days ahead of closing, which it says is more efficient than obtaining that information through oral or written verification. The option will be available starting June 1. To verify the borrower’s employment, Freddie Mac’s asset and income modeler will draw data from bank accounts for direct deposit, with the borrower’s approval, or from payroll data provided by third-party service providers.
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 […].
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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.
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.
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 […].
Brownstoner
MAY 26, 2022
In the News Discrimination Weakens Tool for Reducing Homelessness in City: Lawsuit [NYT] Palestinians in Brooklyn Remember Journalist Shireen Abu Akleh [BK Paper] Viral Story Scores Brooklyn Debate League More Than $1.3 Million [BK Reader] It Looks Like the Good Cause Eviction Law Is Dead (for Now) [Curbed] NYC Families Need School Calendar, Budget, High… Read More > The post Daily Links: City to Add Bike Lanes, Improve Ped Safety on Schermerhorn Street appeared first on Brownstoner.
Advertiser: Trellis
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.
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.
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
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.
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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.
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.
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.
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!
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
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.
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.
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.
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.
First Team Real Estate
MAY 26, 2022
Seal Beach, California is a surfing-centered community ideally located between Huntington Beach and Laguna Beach in Orange County. Though it has a small-town atmosphere, there’s still so much to do in this city, from days spent outside to plenty of indoor activities, there’s something for everyone here. Keep reading to discover some of the top things to do in Seal Beach.
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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.
The Residential Specialist
MAY 26, 2022
Just over a decade ago, Alison Wisnom, CRS, was looking to make a career change. She owned a commercial furnishings company in Maryland at the time and had a neighbor who was a real estate agent. That neighbor let her shadow her to see what the job was like, and the rest is history. In 2011, Wisnom got her first real estate license and began working alongside her mentor.
Properties Online
MAY 26, 2022
Beauty is in the eye of the beholder, but when it comes to homes, a number of design elements hold almost universal appeal. The National Association of Realtors® released a report on which remodeling projects attract buyers based on real estate sales trends. Here’s the first of a two-part look at remodeling projects that topped their… Read More » What Remodeling Projects Make the Difference for Buyers?
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?
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.
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.
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