Housing Wire

JANUARY 5, 2021

Chicago-based lender Guaranteed Rate is acquiring multi-channel lender Stearns Holdings for an undisclosed sum, multiple sources told HousingWire Tuesday. Employees at Stearns, which is owned by financial giant Blackstone Group , were told in an all-hands call on Tuesday afternoon, sources told HousingWire. In a statement confirming the deal Tuesday afternoon, Guaranteed Rate said the acquisition of Stearns would enable a boost in retail loan originations and further scale its JV platform, while

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Keeping Current Matters

JANUARY 5, 2021

The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some of the biggest wins for homebuyers this season. 1.

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Housing Wire

JANUARY 5, 2021

Months after it delayed its $250 million initial public offering, AmeriHome has signaled that it may now be ready to enter the public markets. The lender and servicer filed updated paperwork with the Securities and Exchanges Commission on Monday detailing its performance through Sept. 30. According to the updated S-1 , AmeriHome, owned by asset management firm Apollo Global , generated $173.8 million in net income during the third quarter.

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Point2Homes

JANUARY 5, 2021

Image: Casper1774 Studio / Shutterstock.com. Credit Scoring Explained. Credit bureaus gather information on you and use a formula to create your credit score , which can range from 300 to 850. Where you fit on that scale will have a significant effect on whether you can get the loan you want. Lenders and other businesses use this credit score to assess you because it shows them how likely you are to repay the money you borrowed.

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Debt-to-income ratio Loans As-is Finance 143

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Agents

Housing Wire

JANUARY 5, 2021

SimpleNexus , a digital mortgage startup, announced on Tuesday that it picked up $108 million in a Series B funding around. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments. The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents.

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Homes.com

JANUARY 5, 2021

It’s often said you’ll never forget your first home — and we couldn’t agree more! For most, a home is one of the biggest financial investments you’ll make. While this can seem scary, there are plenty of tips and helpful hints to help you save money for your first home. Our first-time buyer’s guide has everything you need to know from choosing the right down payment option, to how COVID-19 has changed the real estate market.

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Marketing 142

Better Dwelling

JANUARY 5, 2021

Canadian mortgage delinquencies are falling, except for people really behind. Canada Mortgage and Housing Corporation (CMHC) data shows the change of mortgages past due in Q3 2020. Most segments of days past due (DPD) show a sharp decline in the most recent reported quarter. This was largely expected due to payment deferral programs. One segment […].

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Mortgages 138

Housing Wire

JANUARY 5, 2021

The Housing Policy Council has weighed in on the Conference of State Bank Supervisors’ new proposed standards for nonbank mortgage servicers. In its comments, HPC suggests that regulators need to align on the regulations in order to avoid disruption. In October, CSBS made a controversial move to issue a final rule with proposed prudential standards for nonbank mortgage servicers – standards that, if enacted, have some stakeholders, like the Urban Institute , worried.

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Realty Biz

JANUARY 5, 2021

Zillow has said that it expects the for-sale housing market to gain even more strength in 2021 following an incredible run that came in the wake of the coronavirus pandemic. Zillow said in its 2021 housing predictions that demand is continuing to grow as we enter the new year, and that this will likely surge ahead even faster in urban areas as economies start to reopen.

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GeekEstate

JANUARY 5, 2021

We kick off our 2021 real estate tech entrepreneur interview series with Annelies Powell from Dreamspace , a New Zealand based startup. Let’s get to it! Who are you and what do you do? I’m Annelies Powell, CEO and co-founder of DreamSpace, an accelerator of vertical housing through rapid, repeatable, permits. Our startup is working on the crux of the supply and demand housing crisis.

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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

Realtor.com

JANUARY 5, 2021

Susan Nice/ Pics Quik It’s difficult to describe this home. Does it look like a mushroom? Perhaps it reminds you of the fabulous Flintstone House in the San Francisco Bay Area? “It’s completely unique. I’ve never seen anything like it,” says the listing agent, Jeffrey Connell. “The roof is almost like the Opera House in Sydney.”. The house is closer to a dome shape than the iconic sail design in Australia, and it is now available for the reasonable price of $295,000.

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Sotheby's International Real Estate

JANUARY 5, 2021

With its handsome turret and rugged rockwork, this stalwart, stylish residence built into a hillside promontory in Hollywoodland is the ideal setting for dramatic Southern California living. While appointments and amenities are decidedly contemporary, occasional elements recall the castles of the Old World—and in fact, the granite walls that surround the tastefully landscaped grounds, swimming pool, and multiple terraces dates to the 1920s, the golden age of Hollywood.

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Realtor.com

JANUARY 5, 2021

realtor.com Start off 2021 with a step back into the distant past. We invite you on a tour through the 10 oldest homes to land on the market this week. This collection of centuries-old residences has seen it all. The oldest of the bunch dates from as early as 1725, and the “newest” was completed in 1790, the year President George Washington delivered his first State of the Union address.

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Sales Land Renovation Banks 111

Brownstoner

JANUARY 5, 2021

Brooklyn’s community boards saw unprecedented engagement as the pandemic forced the civic panels to use online video conferencing, allowing locals to tune in from the comfort of their homes -- but now, Brooklynites have the chance to go one step further and apply to serve on the volunteer community groups.… Read More > The post Get Your Application Ready, Brooklyn’s Community Boards Are Looking for New Members appeared first on Brownstoner.

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Sales

The Mortgage Report

JANUARY 5, 2021

Conventional loans have a few basic property standards, but no in-depth home condition requirements. You likely want a home inspection anyway.

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Brownstoner

JANUARY 5, 2021

With soaring ceilings, stained glass windows and multiple levels of living space this Brooklyn Heights apartment certainly doesn't have a cookie-cutter interior. The Gothic Revival style flourishes are thanks to its location inside a converted 19th century church at 99 Clinton Street. The architect of the circa 1850 brownstone house of… Read More > The post Co-op in Former Brooklyn Heights Church With Fireplace, Private Terrace Asks $1.995 Million appeared first on Brownstoner.

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Better Dwelling

JANUARY 5, 2021

Canadian real estate prices are in for the reverse of last year, according to a Big Six bank. BMO is forecasting home prices will be significantly higher than last year, in the first half of 2021. The second half should cool down though, with prices in Q4 finishing similar to Q1. They’re also forecasting next […]. The post Canadian Real Estate Prices Seen Peaking In Q2, According To Another Big Six Bank appeared first on Better Dwelling.

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RIS Media

JANUARY 5, 2021

NAR PULSE—Encourage your agents to register today for National Association of REALTORS® (NAR) Center for REALTOR® Financial Wellness Tax Summit to learn how to easily file their quarterly taxes to avoid audits and owing unexpected, and oftentimes overwhelming, amounts back to the IRS. Register here. Visit Today! Your New REALTOR® STORE. Your all-new REALTOR® STORE , redesigned to help your agents quickly find the tools and resources they can put into practice pronto to set themselves apart, get

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Agents 103

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

The Mortgage Report

JANUARY 5, 2021

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday, returning them to their recent all-time low. That had looked unlikely first thing, but markets turned tail later that […].

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Mortgages Marketing 102

RIS Media

JANUARY 5, 2021

CoreLogic® recently released the CoreLogic Home Price Index (HPI ) and HPI Forecast for November 2020. Nationally, home prices increased 8.2 percent in November 2020, compared with November 2019, marking the largest annual appreciation since March 2014. On a month-over-month basis, home prices increased by 1.1 percent compared to October 2020. Home price growth remained consistently elevated throughout 2020.

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Sales Industrial As-is Marketing 101

Waterfront Properties

JANUARY 5, 2021

The Village of North Palm Beach Library is located at 303 Anchorage Drive, North Palm Beach is accepting book donations. Do not throw away your old books – upcycle them Perhaps keep the North Palm Beach Library in mind and donate them where they can get another chance at life. The library gratefully accepts donations, and the proceeds from the donated books are used to help support the community library.

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Notorious ROB

JANUARY 5, 2021

Happy New Year, everybody! And a good riddance to the annus horribilis that was 2020. I am quite hopeful that 2021 will be far less horrible, but then again, reality does have a way of intruding. Nonetheless, I know I’ve been away for a bit. I decided to completely take off the week between Christmas. Read more. The post On Stoicism: A Theme for the New Year appeared first on NotoriousROB.

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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

Waterfront Properties

JANUARY 5, 2021

This January, the Jupiter Inlet Lighthouse and Museum is hosting a list of calendar events for the whole family to enjoy. Head to the iconic lighthouse this month and join in on the fun filled events. January Events at the Lighthouse: Lighthouse Sunset Tour: January 6th, 13th, 20th, and 27th Wednesday evenings, the Jupiter Inlet Lighthouse and Museum hosts their popular Lighthouse Sunset Tour.

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Real Trends

JANUARY 5, 2021

Believe it or not, there’s a new best-kept secret brewing among top rental brokers. The brokers who are in on this best-kept secret know the way to take advantage of every resource available to them. The method they’re using to generate more leads? Opting in to an Apartments.com data feed through their MLS for free and exclusive leads.

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MLS Marketing 98

Waterfront Properties

JANUARY 5, 2021

The popular South Florida Fair that is held at the South Florida Fairgrounds every January is planning on presenting two fairs in 2021. The two fairs will include a mini fair held this January and then a full-fledge traditional fair which is currently scheduled for May. Both fairs will continue to be held at the South Florida Fairgrounds. According to organizers of the fair, everyone who purchases a ticket for the mini fair will be granted one free admission for the fair in May.

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Brownstoner

JANUARY 5, 2021

Back in August 2019, a distinctive, long-decaying building in Bed Stuy was suddenly demolished, with plans calling for a seven-story building with 40 residences. Now, over a year later, renderings for that building have been released. The new building at 435 Tompkins Avenue will replace the red brick building that stood… Read More > The post Modern Condos to Replace Long-Crumbling Storefront on Prominent Bed Stuy Corner appeared first on Brownstoner.

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Agents

Eye on Housing

JANUARY 5, 2021

After a strong rebound in September, consumer confidence fell for the second consecutive month in December, as job growth continued to slow and more states re-imposed restrictions on business due to resurgence of COVID-19. The Consumer Confidence Index, reported by the Conference Board, dropped 4.3 points from 92.9 to 88.6 in December, the lowest level since August 2020.

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Realtor.com

JANUARY 5, 2021

HGTV Drew and Jonathan Scott of “Property Brothers” know that nearly all of us could use more space (particularly as the pandemic drags on and on). Now that the new year’s first episode of “Celebrity IOU” has arrived, they’ve broken out their top tricks for opening up a small house without breaking the bank. In the Season 2 episode, “Rainn Wilson’s Surprise,” the Scotts meet the actor Rainn Wilson , of “The Office,” who wants to g

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RIS Media

JANUARY 5, 2021

The home value gap for Black- and Latinx-owned homes still lags behind overall U.S. home values, but is narrowing, according to a recent Zillow analysis. The report found that homes owned by Black homeowners are worth 16.2 percent less than the typical U.S. home, while Latinx-owned homes are worth 10.2 percent less. Meanwhile homes owned by non-Hispanic white and Asian families typically are valued 2.9 percent and 3.7 percent higher than the typical U.S. home.

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Realtor.com

JANUARY 5, 2021

realtor.com, Walt Disney Television/Getty Archives The Virginia equestrian estate once owned by the radio and television host Arthur Godfrey is now on the market for $2.3 million. That price is much less than the late entertainer was asking for the property when he put it on the market way back in 1977 —for $6 million. Of course, there’s a not-so-minor explanation for this.

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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