Wed.Apr 07, 2021

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Mortgage servicers are stepping up during COVID

Housing Wire

The Consumer Financial Protection Bureau recently released to Congress the 2020 Consumer Response report. While overall complaints were up 54% year-over-year, complaints against mortgage companies were up just 7.5%, and complaints against mortgage servicers were actually down, by 3.5%. These results are notable considering the sheer speed and impact the pandemic had on the mortgage finance industry.

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Latest Jobs Report: What Does It Mean for You & the Housing Market?

Keeping Current Matters

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The better the economy is doing overall, the better most individuals in the country will do as well.

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Tired of renting? 6 signs you’re ready to buy your first home

Housing Wire

Chances are, you know someone who owns a home. Whether it’s a sibling, friend, or co-worker, you’ve seen someone go through the first-time home buying process – and it probably looked really complicated. At least, more complicated than simply paying rent to a landlord every month. While owning a home is rewarding, the process can be a lot of work.

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Buyers Are Split on Multigenerational Homes

Eye on Housing

A multigenerational home is desirable to some buyers, but not to all. According to What Home Buyers Want, 2021 Edition*, buyers are evenly divided when it comes to the desire for a home designed to house the buyer as well as a younger generation and an older generation: 39% would prefer such a home, but 39% would be against it.

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Welcome to the Future of Hospitality: Smart Rooms Start Here

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

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These are the most competitive housing markets in the U.S.

Housing Wire

In the most competitive housing markets in the country, virtually every buyer has immaculate credit, a few hundred thousand dollars – or more – for a downpayment and knows what their mortgage options are. Not that many of the buyers even need one. Online lending marketplace LendingTree ranked the 50 most competitive metro areas in the U.S. based on specific financial criteria of homebuyers , and unearthed some interesting data.

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Does CFPB have authority to postpone foreclosures?

Housing Wire

The Consumer Financial Protection Bureau released a proposed rule on Monday that would bar servicers from starting on foreclosures until 2022. The CFPB also proposed streamlined processes for moving homeowners out of forbearance and in to loss mitigation options. However, since the announcement, several industry leaders have expressed reservations about the blanket policy. “My concern is that the bureau is overstepping its bounds and violating in essence agreements that have already been p

Principal 451
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New USDA loan limits for 2021: How much can you borrow?

The Mortgage Report

USDA loan limits have changed. New USDA loan limits range from $285K to $657K depending on your area. Find out how much house you can afford.

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Notarize invites independent notaries to utilize software

Housing Wire

Notarize announced Wednesday that it will now allow independent notaries – of which there are 4.4 million in the U.S. – to utilize its software and platform for their own independent transactions. The software will be available to notaries in Washington and Tennessee in May and Notarize officials said the other 29 RON-approved states will have access by the end of the summer.

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Why Might a Listing’s Square Footage Differ From the Appraisal?

Realtor.com

If you’re buying a home, the listing likely includes the square footage, a key selling point. But if you make an offer that’s accepted and you’ve moved onto the home appraisal step in the process, you might be shocked to find out that the appraiser ‘s square footage is different from what’s on the listing. What gives? Square footage , you may recall, is calculated when you measure how much floor space there is in a home.

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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.

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Rising rates push mortgage applications down for fifth week

Housing Wire

Mortgage applications decreased for the fifth straight week – this time down 5.1%, according to the latest report from the Mortgage Bankers Association. As has been the case for several weeks now, rising mortgage rates and low inventory are contributing to the slowdown in mortgage applications, said Joel Kan, MBA’s associate vice president of economic and industry forecasting. “The rapidly recovering economy and improving job market is generating sizeable home-buying demand, but acti

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Late Victorian Park Slope Row House With Wood Burning Fireplaces, Built-ins Asks $4.7 Million

Brownstoner

A short stroll from Prospect Park along Carroll Street brings you to a row of Romanesque Revival brick and brownstone row houses constructed in the 1890s, including No. 825, which is on the market for the first time in decades. The two-family house still has its distinctive details on the… Read More > The post Late Victorian Park Slope Row House With Wood Burning Fireplaces, Built-ins Asks $4.7 Million appeared first on Brownstoner.

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HousingWire’s 2021 Women of Influence nominations are open!

Housing Wire

First introduced in 2010, HousingWire’s Women of Influence award recognizes outstanding women in housing who are moving markets and paving the way for other women around them to do the same. Last year’s winners were truly outstanding and exemplified what it means to be a leader in both their organizations and their communities. Here are just a few their accomplishments: Since Pam Faulkner joined SimpleNexus in February 2019, the company posted quadruple-digit growth and has grown its

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MoxiWorks Partners With CENTURY 21 Canada

RIS Media

MoxiWorks recently announced their new partnership with CENTURY 21 Canada. The partnership gives CENTURY 21 Canada REALTORS® access to MoxiWorks’ suite of technology through a new platform called HUB21. This platform, powered by MoxiWorks, is now available to all CENTURY 21 Canada Realtors. HUB21, powered by MoxiWorks, is built by real estate for real estate with an emphasis on sphere selling, making agents great with the people who already know, like and trust them.

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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.

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Mortgage and refinance rates today, April 7, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell moderately yesterday, as we predicted. It’s been nearly a week since we’ve seen a rise. And that happy run may continue […].

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Pair of Buildings, One With a Youth Center, Proposed for Busy Atlantic Avenue Corridor

Brownstoner

A pair of new towers, both featuring giant murals, are planned for a busy stretch on the border of Crown Heights and Prospect Heights. The buildings will be constructed across two lots, which are located at 1034 and 1042 Atlantic Avenue (the latter also faces Pacific) in Crown Heights. The developer,… Read More > The post Pair of Buildings, One With a Youth Center, Proposed for Busy Atlantic Avenue Corridor appeared first on Brownstoner.

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March TRREB Stats: Up, Up, And Away!

Toronto Realty Blog

TorontoRealtyBlog. I suppose I could have titled this entry, “The Inevitable April Stats Blog,” but what fun would that be? Plus, you all know that each and every month, I write a post about the TRREB stats and what they mean for the market, so pointing out the inevitability is moot. Knowing that this blog post will arrive in short order, some readers are eagerly anticipating the entry, and some aren’t.

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Modern, Data-Supported Presentations

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. To day’s showcase: HighNote.]. HighNote gives agents a platform to create and send presentations, offers, and other resources to clients using a single trackable link. The software delivers assets in a single link, as opposed to the antiquated method of PDFs, zip files, and cluttered email attachments.

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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.

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Old SEO myth busted: Google dev confirms there is no max length on title tag

The American Genius for Real Estate

(REAL ESTATE MARKETING) The title tag has been a hard and fast rule for a long time according to many SEO experts, but this Google dev recently busted this hard-n-fast rule. The post Old SEO myth busted: Google dev confirms there is no max length on title tag appeared first on The American Genius Real Estate.

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Mentoring vs. Managing: 7 Methods to Build Agent Success

RIS Media

Drive Sales and Increase Agent Income by Consistently Using These Methods. Running a brokerage or an office comes with a lot of responsibility. Along with recruiting and training, you have individual transaction issues that come across your desk or email inbox daily, as well as all of the necessary administrative activities to keep the company running.

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For Privacy Seekers, a Secluded and Secretive Midcentury Masterpiece in New Hampshire Beckons

Realtor.com

Flylisted A midcentury masterpiece sits alone on a private mountaintop in Dublin, NH. And when we say alone, we mean it. Built in 1960, the secluded house on Lake Road has had a single owner for the past 38 years, and the man who built it, Ray Winfield Smith , never lived in it. “It was the brainchild of a really interesting owner, who was an Egyptologist affiliated with Dartmouth College,” says the listing agent, Michelle Carter , referring to Smith.

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What to Say When Reconnecting With Old Leads

RIS Media

We’ve all lost touch with leads before. While reaching back out can feel awkward at first, it doesn’t have to be! You’ll never know where these leads stand unless you ask, and you could score a potential buyer or seller when you do. Use these dialogues when reconnecting with old leads so you’ll always know what to say. Old Buyer Lead.

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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.

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Video of the Week: Take a Virtual Tour of a Historic Home in Middletown, Rhode Island

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ?. Middletown, Rhode Island | LeAnne West, Gustave White Sotheby’s International Realty . In 1856, the Hoppin family hired Richard Upjohn to design what is now a nationally registered Italianate stick-style estate. Privacy abounds as this handsome property is sited on a 1 1/2 acre lot with mature landscaping with room for the installation of a pool and other outbuildin

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Current Trends in the Real Estate Industry

Realty Biz

The real estate industry has been in disarray since the pandemic began wreaking havoc on the economy and pretty much everything else in its path. Home prices are rising, interest rates are declining, and the industry as a whole looks a whole lot different than it did before COVID-19. Let’s take a look at some current trends in the real estate industry and explore how they’ve impacted the market and essential services. 1.

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Brownstone Boys: Excavating a Cellar to Add Ceiling Height and Usable Space

Brownstoner

Editor’s note: Welcome to the Brownstone Boys Reno, a reader renovation diary about renovating a brownstone in Bed Stuy. See the first one here. They also blog at www.thebrownstoneboys.com. What if an entire floor of your home was dark, damp and scary -- so much so you didn’t want to set… Read More > The post Brownstone Boys: Excavating a Cellar to Add Ceiling Height and Usable Space appeared first on Brownstoner.

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Brokers Share Ideas on How to Keep Customers for Life

RIS Media

Portals did not always represent a threat to brokerages. Before the days of digital, there were not any true disruptors in the industry. There were some different business models, like RE/MAX charging fees to agents rather than commission splits. There were also FSBO (For Sale by Owner) limited-service providers. But at the end of the day, traditional real estate was broker vs. broker.

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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.

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The Future of Leasing: Throwing Out the Rulebook

App Folio

So, what’s the best way to excel at virtual leasing? On this episode of The Top Floor, Lisa Trosien (The.

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Going Further, Farther and Higher Than Ever Before

RIS Media

Jay Macklin. Co-Owner/Broker. Corcoran Platinum Living. Scottsdale, Arizona. [link]. Region served: Phoenix and Scottsdale, Arizona. Years in real estate: 15. Number of offices: 5. Number of agents: 150-plus. Favorite part of your job: Meeting new people, listening to their story and determining how I can add value. You were handpicked to affiliate with The Corcoran Group in 2020.

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The River Center: Jupiter

Waterfront Properties

The River Center in Jupiter is open to the public on selected days of the week for tours and events. The Loxahatchee River Environmental Center or just The River Center opened in August 2008 and features a collection of freshwater and saltwater aquariums with native sea life including touch tanks. The mission of the River Center is to foster a sense of environmental stewardship for the Loxahatchee River’s diverse watershed through quality exhibits, educational programs, and meaningful events.

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