Housing Wire

DECEMBER 6, 2022

After the onset of the COVID-19 pandemic, the annual growth rate in most counties for single-family building jumped from mid-single digit annual growth rates to yearly growth rates in the teens to even high-30% range. However, that has changed in recent months. Single-family building in large metro outlying counties and exurban areas has waned in the last 12 months, according to the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI) for the third quarter of 2022. .

Construction 493

Construction Mortgages Marketing As-is 493

Keeping Current Matters

DECEMBER 6, 2022

If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools.

Marketing 292

Marketing 292

Housing Wire

DECEMBER 6, 2022

Fannie Mae announced on Tuesday that it will make changes to its automated underwriting system in order to expand mortgage loan eligibility and simplify the loan process for underserved borrowers without credit scores. The enhancements are slated to roll out in mid-December and will include an update to borrower eligibility criteria to align with Fannie Mae’s standard selling guide requirements for loans in which the borrower has no credit score, according to a press release from the government

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Lending Banks Loans Mortgages 397

Maximum Exposure Real Estate

DECEMBER 6, 2022

Hot Tips For Selling Your Condominium Would you like some of the best tips for selling a condo? Whether it is a buyer’s or seller’s market, condo owners always want to sell. But selling a condo is not usually as simple as putting a sign-up. It takes a lot of work to sell quickly and […]. The post How to Sell a Condo Fast appeared first on Maximum Real Estate Exposure.

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As-is Marketing 127

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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.

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Housing Wire

DECEMBER 6, 2022

As interest rates remain volatile and demand continues to suffer, lenders across the industry are seeking new avenues to reach borrowers. Often, that means analyzing target markets to determine fresh ways to connect with growing demographics. For many, this analysis is unearthing a noteworthy trend: In many pockets of the U.S., Hispanic Americans represent a fast expanding segment of borrowers with an increasing number seeking home loans and homeownership.

Lending 397

Lending Loans Land Mortgages 397

Better Dwelling

DECEMBER 6, 2022

Greater Toronto real estate prices continue to fall, but City prices may have just taken a nosedive. Toronto Regional Real Estate Board (TRREB) data shows composite home prices fell in November 2022. The price of a typical home has dropped nearly a quarter-million dollars since peaking earlier this year. With higher interest rates still to […].

Banks 120

Banks 120

Easy Agent Pro

DECEMBER 6, 2022

Developing a real estate holiday lead generation plan takes a bit of strategy and acknowledgement that it’s not the most prolific time of the year. When it comes to running your real estate leads and attracting new business, it’s important to use your time as wisely as possible. Sometimes this means focusing on different methods to increase lead generation during the holidays and going forward.

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Agents As-is Marketing Development 116

Housing Wire

DECEMBER 6, 2022

The chorus of mortgage brokers who are calling on the Federal Housing Finance Agency (FHFA) to remove a targeted cash-out refinance fee is growing louder. The National Association of Mortgage Brokers wants the housing regulator to consider removing the loan level pricing adjustments related to cash-out refinances, which can be up to 75 basis points when the pricing adjustments take effect on February 1, 2023.

Loans 370

Loans Finance Mortgages As-is 370

Eye on Housing

DECEMBER 6, 2022

The most recent Home Building Geography Index (HBGI) shows that single-family home building slowed down its pace in the exurban areas, which experienced strong growth since the pandemic. Both high mortgage rates and supply-chain disruptions have put a damper on the housing market. The growth rate of single-family construction in large metro outlying counties went down to negative 4.4% in.

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Construction Marketing Mortgages 115

Housing Wire

DECEMBER 6, 2022

Calyx has developed a new third-party origination (TPO) functionality for Path Software called Path TPO, the company announced Tuesday. The new capability, which is cloud-based, can be accessed through and integrates with a client’s existing Path platform. In a release, the company said clients can use the capability to easily enter the TPO market and generate additional revenue streams.

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Banks Loans Branding Development 369

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.

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Lighter Side of Real Estate

DECEMBER 6, 2022

Buying a house isn’t something most people do more than a few times in their life, so it’s easy to make mistakes that can cost you time, money, and even the home of your dreams. While a great real estate agent can guide you through the entire process and help you avoid those mistakes, it helps if you come into the process and relationship with your agent with a little stockpile of knowledge.

Agents 109

Agents 109

Housing Wire

DECEMBER 6, 2022

Startup Pylon raised $8.5 million in its seed round to build a mortgage-as-a-service platform for fintechs, banks and retail banks. Conversion Capital led the funding with participation from Fifth Wall , Peter Thiel , QED Investors , Montage Ventures , and Village Global as well as Ramp , Blend , Zillow , SoFi and Figure , the company announced. Headquartered and founded by Trent Hedge and Marco Monteiro earlier this year, the firm’s unified stack offers a white-labeled interface that can pre-fi

Pre-approval 366

Pre-approval Mortgages Banks Loans 366

Realty Biz

DECEMBER 6, 2022

Tis’ the season to look for the best mortgage programs for 2023. Between record-high home prices, high mortgage rates, rising inflation, and recession fears, first-time home buyers have been pummeled this year. It all creates uncertainty heading into 2023 for many homebuyers seeking an affordable mortgage. After (hopefully) peaking at above 7%, mortgages have been retreating slightly over the past few weeks.

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Loans Closing costs VA loan Mortgages 107

Realtor.com

DECEMBER 6, 2022

creatingmore/Getty Images Sure, you probably know a septic system is something located underground that deals with waste. But what else do you know about it? And do you really need to know anything else? If you’re buying a house that has one, the answer is a resounding yes. “The purpose of having a septic tank is to enjoy good, clean, affordable, eco-friendly drainage for the full span of your time on a given property,” explains Glenn Gallas , vice president of operations for Mr.

Land 105

Land As-is Design 105

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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.

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HomeLight

DECEMBER 6, 2022

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

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MLS Agents Sales Inspection 105

Real Trends

DECEMBER 6, 2022

Master Coach Maria Nemeth says, “Success is doing what you said you would do, with clarity, focus, ease, and grace.”. Here are 13 actions you can take now to make the next 12 months the best they can be for you. Get clear about 2022. What did you do this year? Your actions this year will form your foundation of knowledge for next year. Here’s what you should track: Income you earned and income you kept after broker/franchise/team costs.

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Sales Agents As-is Closing 103

HomeLight

DECEMBER 6, 2022

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

Purchase and sale agreement 103

Purchase and sale agreement MLS Pre-approval Agents 103

Realtor.com

DECEMBER 6, 2022

Getty Images Renovating a home, no matter the time of year, can be equal parts exciting and overwhelming. However, renovating in the winter may come with its own set of additional issues. Exterior renovations are especially risky during the colder months since the ground at your construction site can be slippery and wet. Plus, you need to take holiday travel schedules, inclement weather, and freezing temperatures into consideration.

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Renovation Principal Construction Closing 102

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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.

Agents

Brownstoner

DECEMBER 6, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Sunset Park, Bed Stuy, Flatbush and Park Slope. How did they fare? In a Sunset Park co-op that was built as affordable housing by Finnish co-operators in the early 20th century, a… Read More > The post Brooklyn Real Estate Listings Six Months Later: One Sold, Two in Contract, One off the Market appeared first on Brownstoner.

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Marketing 98

HomeLight

DECEMBER 6, 2022

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Denver-area “we buy houses” companies should not be considered an endorsement. Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more.

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Purchase and sale agreement Closing costs Closing Sales 98

Brownstoner

DECEMBER 6, 2022

With five distinct areas and Deco details such as arched doorways, this roomy studio offers vintage charm and the perk of being located in Prospect Lefferts Gardens not far from Prospect Park. It appears to be in move-in condition, with room for creative updates such as paint in the kitchen and… Read More > The post Prospect Lefferts Gardens Studio With Foyer, Dressing Area, Arches Asks $349K appeared first on Brownstoner.

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HomeLight

DECEMBER 6, 2022

In 2023, top interior designers are predicting kitchen trends that include soothing color palettes with pops of color, natural materials, and chef-style appliances. According to top real estate agents surveyed by HomeLight , investing in kitchen upgrades can yield good returns for homeowners. Our data shows that a light kitchen remodel costs about $10,512 and results in an additional $17,865 in resale value.

Design 98

Design As-is Branding Agents 98

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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.

Agents

Brownstoner

DECEMBER 6, 2022

In the News Plan Tests Tense Relationship Between NYPD and Mentally Ill People [NYT] Mayor Adams’ Bed Stuy Row House Is Ticketed for Rodent Infestation [NYDN] A Little Rome in Williamsburg [Eagle] Illegal Christmas Tree Vendor Finally Evicted From Montague Street [Eagle] Brooklyn’s Largest Indoor Plant Store, Horti Play, Opens in ‘Burg [BP] Hero’s Homecoming: An… Read More > The post Daily Links: NYC Scraps Plan to Bring Low-Cost, High-Speed Internet to Underserved Areas appeared first

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Realtor.com

DECEMBER 6, 2022

Getty Images The one thought on every renter’s mind on move-out day (aside from “How the heck am I going to get this sofa through the front door?”) has to do with the security deposit. Will you ever see that money again? According to most leases, your only hope is to return your apartment in the same condition as when you took possession, beyond “normal wear and tear.” Still, though, this raises the question: What exactly is normal wear and tear, and what crosses th

Property Management 96

Property Management Residential As-is 96

Bigger Pockets

DECEMBER 6, 2022

The San Diego metropolitan area features a robust housing market—with some of the highest historical rent and price appreciation in the United States. Anchored by a growing economy, low unemployment, […].

Marketing 96

Marketing 96

BubbleInfo

DECEMBER 6, 2022

This is the first time that social media has had the chance to influence the real estate market, and as you can guess, it ain’t pretty. There are no guardrails or qualifying of the author’s opinion, and as a result, people get away with saying whatever they want. [link] Logically, the conscious mind will remember […].

As-is 92

As-is Marketing 92

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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.

Sales

Realtor.com

DECEMBER 6, 2022

KatarzynaBialasiewicz/iStock It’s one piece of furniture most people can’t live without, and it’s the one place where we spend one-third of our lives (assuming you get enough sleep, that is). So you’ll want your bed frame to be just right. Before you lose any sleep over this subject, here’s a guide to types of bed frames, from ornate canopies to ones with handy storage underneath.

Design 91

Design As-is 91

Sotheby's International Real Estate

DECEMBER 6, 2022

By the time renowned architect Addison Mizner arrived in Palm Beach in 1918, he had spent time in Guatemala and southern Europe, where he acquired a knowledge of and love for the local architectural styles. He sensed that homes in Palm Beach—itself a tropical island tucked between the Intracoastal Waterway and the Atlantic Ocean—should more closely resemble the villas and palazzi of the Mediterranean and other warm climes rather than the traditional homes and townhouses of the American northeast

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Closing 89

Bigger Pockets

DECEMBER 6, 2022

Hard work comes with everything, and real estate is no exception. To achieve success, you must be willing to work hard and continue to work hard even when things get […].

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Investor 89

Realtor.com

DECEMBER 6, 2022

Realtor.com For the second time this year, a decommissioned missile silo is for sale in Elmwood, NE. And Mike and Polly Figueroa with BancWise Realty are the listing agents for this one, too. With an offer already pending after only about a week on the market, this silo is getting an explosive amount of attention—much like the previous silo, which was sold in 12 days to a YouTube influencer. “He has made several videos about it,” says Mike of the online personality.

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Agents Sales Marketing 88

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