Fri.Oct 14, 2022

article thumbnail

11 Twitter accounts to help you stay up-to-date on the housing market

Housing Wire

Twitter has become somewhat ubiquitous in today’s social media landscape, with more than 200 million users worldwide. The timeline moves about as quickly as the news does, which is why it can be such a valuable resource for those trying to keep up with current events. Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-

Marketing 497
article thumbnail

Tips For First-Time Homebuyers [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. If you’re trying to buy your first home in today’s housing market, you’ll want to know what you can do as mortgage rates rise and inventory stays low overall. Connect with a lender to get pre-approved, prioritize your wish list, consider condos, and expand your search radius. Your first home is out there. Work with a trusted real estate professional to explore your options and what other first-time buyers are doing to find their homes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Equifax to provide utility credit data to mortgage firms

Housing Wire

Equifax will be providing telecommunications and subscription television credit data to the mortgage industry to “streamline the mortgage underwriting process and support loans within the secondary mortgage market,” the credit bureau said Friday. Providing utility payments to mortgage companies alongside traditional credit reports could improve homeownership prospects for more than 190 million consumers, 80% of whom have traditional credit files but may benefit from additional insigh

Mortgages 468
article thumbnail

Share of New Homes with Porches Dips Below 64 Percent

Eye on Housing

Of the roughly 1.1 million single-family homes started in 2021, 63.4 percent came with porches, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau with partial funding from the Department of Housing and Urban Development). This marks the first time the share of single-family homes with porches has dipped below 64 percent since 2015. .

article thumbnail

The 2025 Real Estate Roadmap to Success

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.

article thumbnail

JPMorgan, Wells Fargo, and the challenging times ahead 

Housing Wire

JPMorgan Chase and Wells Fargo & Co., two of the nation’s largest banks, each faced a double-digit decline in their mortgage origination volumes in the third quarter of 2022. And the coming days don’t look any kinder: the banks’ top executives said on Friday the landscape remains challenging due to macroeconomic and geopolitical issues.

Banks 459
article thumbnail

How to Sell a House By Owner in Pennsylvania: A Keystone State FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in Pennsylvania 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.

More Trending

article thumbnail

Luxury Real Estate Headlines: Second Week in October 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Chatham, New York | Four Seasons International Realty. Designed by Dean/Wolf Architects, the home gently curves to capture views of the water, land, and sky. $3.2M Will Net You a Sublime Steel Getaway on a Pond in Upstate New York – Dwell. Frank Sinatra’s Former L.A.

Land 107
article thumbnail

Federal agencies raise threshold for smaller loan exemption from appraisal requirements

Housing Wire

The Office of the Comptroller of the Currency , the Consumer Financial Protection Bureau , the Federal Reserve Board on Thursday announced that the 2023 threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans will jump to $31,000 from $28,500. The threshold amount will be effective Jan. 1, 2023, and is based on the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers as of June 1.

Loans 435
article thumbnail

How to make inspections easier for your maintenance team

App Folio

Managing onsite inspections across an entire portfolio can be tough for any maintenance team. Staying on top of scheduling, communication.

article thumbnail

HW+ Member Spotlight: Vicki Brown

Housing Wire

This week’s HW+ member spotlight features Vicki Brown, executive vice president of Client Relations at LoanCare. HW Media: What is your current favorite HW+ article and why? Vicki Brown: I love to read about opportunities to enhance the customer experience because that’s really what our business is about, supporting customers throughout their home ownership journey.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

article thumbnail

Zurple Review + Video: The World’s First Real Estate CLIENT Generation Platform?

The Close

Which would you rather get: a lead or a client ? Many real estate tech companies will generate leads. A real estate lead is an opportunity to be sure, but a client is just a few steps closer to a commission in your bank account. Real estate tech company Zurple is moving beyond simple lead generation, positioning itself as the industry’s first client generation company.

Land 105
article thumbnail

MBA promotes Joel Kan and Heather Messam

Housing Wire

The Mortgage Bankers Association announced Thursday it promoted Joel Kan to vice president, deputy chief economist. Kan has worked at the association since 2006, rising from survey specialist to associate vice president of economic and industry forecasting in 2015. In his new role, Kan will lead the macroeconomic and mortgage market forecasts and oversee MBA’s industry surveys, including the Weekly Applications Survey, Builder Application Survey and the Mortgage Credit Availability Index.

Banks 432
article thumbnail

7 tips for answering real estate questions in today’s market

Real Trends

The state of our current housing market is creating the need for sometimes challenging real estate questions between Realtors and clients. . Twenty-five to 75% of all agents are new to the business and have never experienced a change in the market like what we’re dealing with today. With soaring interest rates sticking around for the time being, Realtors should know how to address the hard topics surrounding mortgage.

Marketing 102
article thumbnail

How to Sell a House By Owner in Illinois: A Prairie State FSBO Guide

HomeLight

When the time comes to move, some tenacious homeowners in Illinois 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.

MLS 102
article thumbnail

Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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.

article thumbnail

Real estate COO, ‘I’ve vetted over 60 lead sources; learn from my experience’

Real Trends

If there’s one constant in the world of real estate, it’s that there will always be companies trying to sell you leads. I like to tell my agents, “Leads should be your gravy, not your mashed potatoes.” In non-food terms, that means you shouldn’t build your entire business on something that’s meant to be a small portion. That goes doubly for brokerages.

article thumbnail

How to Buy Great Deals From Wholesalers As The End-Buyer

Bigger Pockets

Wholesale real estate has a controversial reputation and has even faced legislative restrictions in various places such as Oklahoma and Philadelphia. Regardless of the legal and ethical considerations, however, wholesaling can be done in an […].

99
article thumbnail

5 Sources Of Traffic For Your Real Estate Website (+ How To Drive More Traffic To Your Site!)

Easy Agent Pro

We live in a digital world and businesses understand that there are a number of easy and affordable vehicles to help increase notice. Without question, a website provides 24/7/365 access to you, your brand and your service. A website is a great start to get more exposure but does a new site automatically draw in site visitors? There are variables that impact site visitation ranging from how popular you are in your local market, to do you invest in advertising to are you active with other social

article thumbnail

Rookie Reply: Financing Your First Rental, Leases, and High Interest Rates

Bigger Pockets

As a new investor, financing can come with a lot of questions. Financing your first property itself seems like a steep learning curve, but once you find a method that works for you, it […].

Finance 96
article thumbnail

Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

article thumbnail

Post-Frenzy Bio Disco

BubbleInfo

We launched our Aviara listing with open houses on the weekend of September 17 & 18. Newer one-story homes built by Davidson might be the most popular homes around – if you can find one for sale. Remarkably, there were two other sales of this floor plan this year. In March, there was a sale […].

Sales 94
article thumbnail

How To Fill Out Schedule Se Form 1040

Realty Biz

There are a few different ways you can file your income tax. First, you first need to decide whether you are filing your income taxes as a single person, a married couple, or a joint return. If you are filing as a single person, you can simply file your taxes online using a direct deposit and the IRS e-file system. If you are filing jointly, you can also file online.

As-is 89
article thumbnail

Creative Collaborations Abound at the Fifth Annual Kingston Design Showhouse

Brownstoner

The transformation of an early 20th century house for the annual Kingston Design Showhouse nods to history and displays an array of local creative talent. After decades of use as a commercial structure, the building has been purchased by a new owner and turned back into a residence. The showhouse opened… Read More > The post Creative Collaborations Abound at the Fifth Annual Kingston Design Showhouse appeared first on Brownstoner.

Design 81
article thumbnail

4 Ways to Keep Warm This Winter

RISMedia

By Dixie Somers Everyone has the same goal when the temperature drops: stay warm! It sounds simple enough, but there can never be too much advice on how to beat the cold. Here are four ideas to help you keep your teeth from chattering. Keep the Cold Away Don't be afraid to bundle up! If […]. The post 4 Ways to Keep Warm This Winter appeared first on RISMedia's Housecall.

80
article thumbnail

The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

article thumbnail

A Crown Heights Brownstone With Sleek Modern Kitchen and Three More to See, Starting at $2.195 Million

Brownstoner

Our picks for open houses to check out this weekend are found in Windsor Terrace, Crown Heights and Park Slope. All mix historic features with modern updates and appear to be in move-in condition. They range in price from $2.195 million to $2.995 million. In Windsor Terrace, a late 19th century… Read More > The post A Crown Heights Brownstone With Sleek Modern Kitchen and Three More to See, Starting at $2.195 Million appeared first on Brownstoner.

article thumbnail

Are Short Term Vacation Rentals for Sale Actually Profitable?

Mashvisor

To determine whether short term vacation rentals for sale are actually profitable and whether these investments can help you generate profit, read on.

Sales 68
article thumbnail

Brooklynites Skeptical BQE’s Triple Cantilever Will See Innovative Fix, But Remain Hopeful

Brownstoner

“We’ve seen this one too many times,” was a phrase repeated at a city-run community meeting on how to fix the BQE’s deteriorating triple cantilever on Thursday night, with some Brooklyn locals more than skeptical they would see any action on the highway in coming years despite the city’s recent… Read More > The post Brooklynites Skeptical BQE’s Triple Cantilever Will See Innovative Fix, But Remain Hopeful appeared first on Brownstoner.

75
article thumbnail

Are Florida Short Term Rentals for Sale Still a Good Investment for 2023?

Mashvisor

Florida has always been a real estate hotspot, but is investing in short term rentals for sale Florida still a good thing to do in 2023?

Sales 68
article thumbnail

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.

article thumbnail

Daily Links: Bushwick Landlord Jacked Up Rents While Taking 421a Tax Break, Suit Says

Brownstoner

In the News How to Spend a Day in Red Hook [NYT] With Job Skills Support in Brooklyn, ‘I Feel Like I Want to Fly’ [NYT] Native East New Yorker Is NYC’s First Cannabis Boss [NYT] Tree Huggers Unite Brooklyn to Celebrate City of Forest Day [Eagle] Vote of No Confidence Against CB1 Leadership Fails… Read More > The post Daily Links: Bushwick Landlord Jacked Up Rents While Taking 421a Tax Break, Suit Says appeared first on Brownstoner.

75
article thumbnail

Moving Out of Your Apartment? Here’s How to Write a 60 or 30-Day Notice to Vacate Letter

Redfin

There comes a time in every rental agreement when you want to move out. Whether you’re moving across the country, buying your first home , or simply looking for more space, you’ll still need to follow a few steps before your lease ends. And sending your written notice to vacate letter is one of those steps. Outlined below are all the essential details you need to know about writing your notice to vacate letter, including why it’s important and what it needs to include.

article thumbnail

Northern Virginia Housing Market Forecast 2022-2023

Marco Santarelli

The housing market in Northern Virginia is facing a slowdown due to rising mortgage rates. The Northern Virginia Association of Realtors refers to this as a “slow market correction.” In August 2022, homes sold in Northern Virginia remained on the market longer, and the overall number of sales decreased by 25% from the previous year. The median price of sold properties increased by 3.2% to $627,500.

article thumbnail

Real Estate Leads Expectations Vs. Reality

Lab Coat Agents

No question generating real estate leads is essential for success in the industry. However, there can be a lot of confusion about what to expect regarding lead generation. Let’s look at some of the most common expectations around real estate leads and then explore how realistic they are. By understanding these, you can set better expectations for your business and be better prepared to generate quality leads.

article thumbnail

Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.