Keeping Current Matters

NOVEMBER 21, 2022

This past year, rising mortgage rates have slowed the red-hot housing market.

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Mortgages Marketing 222

Housing Wire

NOVEMBER 21, 2022

In late October, the Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Treasury Department , announced its decision to again expand its Geographic Targeting Orders (GTOs). The new requirements go into effect on November 25, 2022, and the terms of the GTOs are effective through April 2023. In addition to Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco, Washington, D.C., Northern Virginia and Ma

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Title Land Banks Commercial 366

Eye on Housing

NOVEMBER 21, 2022

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building expanded during the third quarter of 2022 despite broader market weakness. There were 59,000 total custom building starts during the third quarter of the year. This marks a 5% increase compared to the third quarter of 2021 in terms of year-over-year change.

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Design Marketing 126

Housing Wire

NOVEMBER 21, 2022

The forbearance rate increased marginally in October after more than two years of declines, the Mortgage Bankers Association (MBA) reported Monday. The trade group previously noted that it expected pressures due to worsening economic conditions. . The total number of loans in forbearance in October increased to 0.70% of the servicers’ total portfolio volume, up one basis point from the month prior.

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Loans Staging Mortgages Industrial 362

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Agents

Real Trends

NOVEMBER 21, 2022

Fourteen agents from Bear, Delaware-based RE/MAX Premier Properties joined the Wilmington, Delaware, office of Coldwell Banker Realty, based in Greater Philadelphia and Central Pennsylvania. The agents bring a combined $51 million sales volume in 2021. Jake Lipton, real estate broker and owner of RE/MAX Premier Properties, served the northern Delaware and southeast Pennsylvania countries for almost two decades.

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Residential Agents Sales As-is 114

Housing Wire

NOVEMBER 21, 2022

Homeowners with the Federal Housing Administration -insured mortgage financing will now be allowed to obtain private flood insurance policies, expanding consumer options to protect borrowers from the country’s major natural disaster. . The U.S. Department of Housing and Urban Development , through the FHA, announced on Monday that the change will go into effect on December 21, 2022.

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FHA loan Mortgages Loans Lending 356

Housing Wire

NOVEMBER 21, 2022

Amid surging rates, declining volumes and a reduced appetite from investors in the secondary market, there are a growing number of casualties in the mortgage space, especially in the riskier non-QM segment. First Guaranty Mortgage Corp. (FGMC) , controlled by global investment management firm PIMCO, filed for Chapter 11 bankruptcy protection in June.

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Commercial Residential Bankruptcy Investor 343

Realty Biz

NOVEMBER 21, 2022

Whether you’ve just gotten into the real estate business or you’ve been an agent for years, you should know employing effective marketing techniques will be crucial to your success. Today, we will talk about marketing to potential buyers and answer the question, “What is home buyers’ marketing?” once and for all. Keep reading to learn more about what sets this type of strategy apart from other types of real marketing and how to tackle it the right way.

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Agents Marketing MLS As-is 112

Realtor.com

NOVEMBER 21, 2022

Getty Images Stuff happens! That’s especially true during the holiday season. With guests coming and going, the fireplace regularly blazing, and packages arriving at your front door by the truckload, this is a particularly precarious time. Now, new data reveals that fires, frozen pipes , and porch pirates (aka nefarious folks who sneak up to your doorstep and steal your packages) are among the most dreaded holiday-related mishaps, according to a survey from home security company SimpliSafe.

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Inspection As-is Closing Marketing 107

The Close

NOVEMBER 21, 2022

There is no doubt that FSBOs are some of the most crucial leads a real estate agent can pursue. My broker used to say, “FSBO sellers have already told you they want to sell and want to sell now—all you have to do is convince them you’re the right person for the job.” How do you convince them? Use one of our nine can’t-miss FSBO scripts. Winning over these leads is easier than ever with this collection of tried-and-true FSBO scripts.

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Agents Land Sales Closing 106

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.

Loans

Fancy Pants Homes

NOVEMBER 21, 2022

Nestled under the Hollywood sign in Beachwood Canyon sits a landmark French Normandy-style building steeped in Hollywood history that’s looking for its newest residents. Chateau Beachwood — a 10-unit complex designed in 1937 by architect Walter C. King — was reportedly built by Warner Bros. to house the actresses it had under contract back in the day.

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Sales Design As-is Agents 105

BubbleInfo

NOVEMBER 21, 2022

There have been 80 NSDCC closings in November, which should mean we should get to at least 100 sales for the month. But with only 108 pendings today, the monthly sales in December and January sales will probably be under 100. Even though there are 393 active listings, sellers haven’t been too interested in adjusting […].

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Sales Closing 105

Brownstoner

NOVEMBER 21, 2022

Earlier this month, Salvanita and Moses Foster got a phone call. Someone was changing the locks on the Bed Stuy home they purchased in 1999 and had lived in until a 2019 fire. Their possessions were being thrown from the windows into the trash, the neighbor said. They raced over… Read More > The post Bed Stuy Family Watches as Possessions Thrown in Trash, Locks Changed in Alleged Deed Theft Case appeared first on Brownstoner.

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Marketing 110

BubbleInfo

NOVEMBER 21, 2022

I’ve been on a fortunate lucky streak this year, and it’s not going to last forever so if you don’t mind, I’m going to enjoy it while lasts. More than anything, I want to give hope to sellers and buyers that you can make smart and friendly transactions these days. The negativity should be questioned!

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Sales

Realtor.com

NOVEMBER 21, 2022

Design by Realtor.com / Getty Images (2) The drumroll of bad tidings in the housing market was interrupted last week by a glimmer of good news. Finally. Soaring mortgage interest rates, which have caused deep financial pain for many homebuyers and led to a freeze in the housing market, dropped by about half of a percentage point last week. They fell from above 7% to 6.6% for 30-year fixed-rate loans in the week ending Nov. 17, according to Freddie Mac.

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Mortgages Investor Loans MLS 103

Better Dwelling

NOVEMBER 21, 2022

Canadian mortgage credit had an unusually slow month, as the hangover from higher rates starts to settle in. Bank of Canada (BoC) data shows consumer mortgages debt continued to decelerate in September. Higher rates and weak home sales combined for the slowest September in two decades. Canadians Owe Over $2.1 Trillion In Mortgage Debt Canadian […].

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Mortgages Banks Sales 102

Real Trends

NOVEMBER 21, 2022

Johnson Tsai’s business is usually 50-50: evenly split between representing buyers in and doing rental deals in New York City. Soaring mortgage rates has changed that dynamic. . “Given the current market, my business is at least about 60% renters and the other 30% to 40% is buyers and sellers,” said Tsai, an agent at brokerage REAL New York. Tsai expects this trend to continue into 2023 and likely widen when New York City’s rental market picks back up in the early spring.

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Agents Mortgages Commercial Property Management 100

Agent Fire

NOVEMBER 21, 2022

Instagram Insights give real estate agents an instant view of the success of their marketing efforts. Learn how to read Instagram metrics and accurately measure your real estate Instagram campaign. Getting Started with Instagram Analytics for Real Estate is just one of many great real estate strategies on The Spark.

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Agents Marketing 79

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.

Agents

Real Trends

NOVEMBER 21, 2022

Today’s RealTrending podcast features Dr. Lee Davenport, a real estate coach and author specializing in helping real estate professionals grow and teaching others about fair housing. Dr. Lee talks about the science behind personalities and how to tailor your real estate prospecting to your personality. For example, certain personalities are great at cold calling and door knocking, but for others, those activities are stressful.

Brokerage 91

Brokerage Agents Industrial 91

Notorious ROB

NOVEMBER 21, 2022

I have had to think about Redfin after Q3 of 2022. Redfin has been my favorite brokerage for years now for a few reasons. I have thought their commitment to the consumer was unshakable, and the desire to save consumers money and to improve things for buyers is written into the DNA of the company. I thought their blend of technology and a W2 employee workforce that makes investment in technology worthwhile was brilliant and bold, if fraught with risk.

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Technology Brokerage Residential Industrial 74

Bigger Pockets

NOVEMBER 21, 2022

The Washington, D.C. metropolitan area has one of the strongest real estate markets in the United States. With a large population, high incomes, and a well-diversified labor market, D.C. has […].

Marketing 80

Marketing 80

Realtor.com

NOVEMBER 21, 2022

Getty Images / Realtor.com Few A-list celebrity couples can match the real estate chops of Ellen DeGeneres and Portia de Rossi when it comes to buying, decorating, and then selling. The retired talk-show host and her wife are perpetual house flippers, but this time they’re offering a rental deal. For a staggering $27,500 a month, you can tuck into their lovely three-bedroom, four-bath home in Montecito, CA , which is just minutes from Santa Barbara.

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Renovation Design Closing As-is 73

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.

Agents

Bigger Pockets

NOVEMBER 21, 2022

Property management has always been a sensitive subject for landlords. Most real estate investors either want to be completely hands-off, letting a property manager handle the entirety of their leasing […].

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Property Management Investor 79

Realtor.com

NOVEMBER 21, 2022

MLS via Realtor.com An incredible lakefront home in New Durham, NH , offers a unique view from inside an enchanting indoor “ Birdhouse.” Custom-built in 2005, the spacious four-bedroom house features a treehouse-style structure that appears to be growing right up from the living room floor. The Granite State property caught the web’s attention this week, racking up thousands of clicks and making Realtor.com®’s Most Popular Homes list.

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Land Marketing MLS Design 71

Brownstoner

NOVEMBER 21, 2022

A seasonally crisp evening greeted the return of Lightscape on Wednesday night as visitors sipped hot chocolate and meandered through the light and sound spectacular transforming the grounds of the Brooklyn Botanic Garden for the holiday season. From a pulsating disco ball tree to soothing swirls of leaves gently appearing over… Read More > The post Brooklyn Botanic Garden Dazzles With Light and Sound as Lightscape Returns appeared first on Brownstoner.

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Sotheby's International Real Estate

NOVEMBER 21, 2022

Showcasing the height of new luxury construction in some of the world’s most sought-after locations, let’s explore an exclusive new development from our worldwide network. Houston, Texas | Martha Turner Sotheby’s International Realty. Patiently held in reserve for 70 years, 1661 Tanglewood builds upon the founding Farrington-Miller family tradition of bold vision.

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Development Construction 68

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Agents

Realtor.com

NOVEMBER 21, 2022

Realtor.com If it’s a piece of “living” art history you’re after, how about moving into this adobe-style retreat, located just 30 minutes from downtown Santa Fe, NM ? The four-bedroom, three-bath, 3,364-square-foot home at 16 Camino Libre in Galisteo was built in 1994 by Santa Fe artist and designer Douglas Atwill. His signature style has helped establish the aesthetic of homes throughout the region, most notably along Santa Fe’s historic Canyon Road.

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Renovation Land Design As-is 68

Brownstoner

NOVEMBER 21, 2022

Brownstoner magazine’s Fall/Holiday 2022/23 issue is hot off the presses. Get your hands on a copy and check out: A Bed Stuy townhouse where interior designer Jennifer Morris pulled together a colorful, welcoming home for a growing family in record time. Brownsville attorney turned designer Busayo Olupona, whose wares draw on her heritage… Read More > The post Scoop Up a Copy of Brownstoner Magazine’s Fall/Holiday 2022/23 Issue appeared first on Brownstoner.

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Design 73

Realtor.com

NOVEMBER 21, 2022

Magnolia Network Chip and Joanna Gaines have finally unveiled their most ambitious project in the finale of their miniseries “Fixer Upper: The Castle.” And it certainly is fit for a king! In the episode “A Royal Reveal,” the couple have finished renovating this 1913 estate and simply need to stage it before it goes on the market. “I’ve got two weeks to get it completely decorated, and there’s really no room for error on these two weeks,” Joanna say

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Staging Renovation Land As-is 68

Eye on Housing

NOVEMBER 21, 2022

Nonfarm payroll employment increased in 42 states in October compared to the previous month while eight states and the District of Columbia lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 261,000 in October, following a gain of 315,000 jobs in September. On a month-over-month basis, employment data was strong in California, which.

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Construction Marketing 67

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.

Sales