Tue.Dec 06, 2022

article thumbnail

How to reach the growing segment of Hispanic American homebuyers in 2023

Housing Wire

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 382
article thumbnail

What’s Going on with Home Prices? Ask a Professional.

Keeping Current Matters

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 208
Insiders

Sign Up for our Newsletter

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

article thumbnail

How LOs get into a real estate agent’s circle

Housing Wire

To get into an agent’s circle, an LO has to see problems before they manifest they need to communicate whether the news is good, bad or ugly, agents said. Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product.

article thumbnail

Toronto Real Estate Prices Are Down $245k, City Fell Nearly 2x Faster Than Burbs

Better Dwelling

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
article thumbnail

3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

article thumbnail

Path Software launches new TPO capability

Housing Wire

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.

Banks 370

More Trending

article thumbnail

Mortgage infrastructure platform Pylon raises $8.5M in seed round

Housing Wire

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

article thumbnail

What Is a ‘Due on Sale’ Clause? Don’t Sell Your Home Until You Know

Realtor.com

Pgiam/iStock What is a “due on sale” clause in a mortgage contract? This common phrase, found in most conventional home loan paperwork, means that when a property is sold, the entire balance of the loan comes due. Yup, you have to pay off the whole thing! What is a ‘due on sale’ clause? “Due on sale” clauses are a type of acceleration clause.

FHA loan 108
article thumbnail

21 Bite-Sized Real Estate Tips That’ll Make You a Better Home Buyer

Lighter Side of Real Estate

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 106
article thumbnail

Expect Low Inventory

BubbleInfo

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 105
article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

article thumbnail

How Does a Septic System Work? Everything You Never Wanted to Know—but Should

Realtor.com

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
article thumbnail

How To Maximize Effectiveness During The Holidays 

Easy Agent Pro

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.

Agents 102
article thumbnail

6 Home Renovation Mistakes Most People Make During the Winter

Realtor.com

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.

article thumbnail

Take action now to make 2023 your best sales year yet

Real Trends

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.

Sales 96
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

Former Sears CEO Eddie Lampert Selling $35M Aspen Mansion

Realtor.com

Getty Images / Realtor.com Billionaire Eddie Lampert will be spending less time on the slopes. The one-time CEO and chairman of retail and service chain Sears has listed his seven-bedroom, 7.5-bathroom mountain mansion for $35 million. Offering over 15,000 square feet of luxe living space and nestled in the breathtaking peaks of Aspen, CO , this fabulous residence truly shimmers thanks to its glass walls.

article thumbnail

Brooklyn Real Estate Listings Six Months Later: One Sold, Two in Contract, One off the Market

Brownstoner

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.

article thumbnail

What’s Considered ‘Normal Wear and Tear’ in a Rental?

Realtor.com

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

article thumbnail

Inside a Modern Palm Beach Manor

Sotheby's International Real Estate

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

Closing 89
article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

article thumbnail

What’s the Best Bed Frame for You? The Ultimate Guide to Bed Frame Styles

Realtor.com

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
article thumbnail

Prospect Lefferts Gardens Studio With Foyer, Dressing Area, Arches Asks $349K

Brownstoner

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.

93
article thumbnail

Bombshell Listing: Former Missile Silo Quickly Enlists a Buyer in Nebraska

Realtor.com

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.

Agents 88
article thumbnail

Vancouver Real Estate Prices Have Trimmed $130k From Peak, Negative Annual Growth

Better Dwelling

Greater Vancouver real estate prices were slow to respond to higher rates, but it’s making up for lost time. Real Estate Board of Greater Vancouver (REBGV) data shows composite home prices made a sharp drop in November 2022. Since peaking earlier this year, the price of a typical home has dropped by more than $130,000, […]. The post Vancouver Real Estate Prices Have Trimmed $130k From Peak, Negative Annual Growth appeared first on Better Dwelling.

84
article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

article thumbnail

Exclusive: The Property Brothers Reveal the Wisest Homebuying Advice You’ll Hear This Year—or Ever

Realtor.com

Jonathan and Drew Scott “Property Brothers” stars Jonathan and Drew Scott may make real estate look fun as they renovate houses on HGTV, but they also know that buying a house can be a daunting endeavor, especially today. Though many might worry that the current high interest rates and unpredictable market swings make this a terrible time to buy, the Scott brothers stand firm that it’s never a bad time—if you find the right house. “You can make a good purchase in real est

article thumbnail

7 of the Top We Buy Houses for Cash Companies in Denver

HomeLight

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.

article thumbnail

What Is a Mediterranean House? A Vacation Vibe Right at Home

Realtor.com

Sean_Gao/iStock Think iron balconies, terra-cotta roofs, and ornate details that evoke the romance of Spain or Italy—with the advantage that a trip across the Atlantic is not required to soak it all in. Mediterranean homes can be found right here in the United States! Also referred to as Spanish Modern, Mediterranean houses are found across the country, although they’re most common in warm-weather climates that are comparable with the temperate Mediterranean countries’—in California,

article thumbnail

Kitchen Trends for 2023

HomeLight

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
article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

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.