Housing Wire

SEPTEMBER 22, 2021

The week following Labor Day saw a flurry of mortgage loan application activity, with volume jumping by 4.9% for the seven days ending Sept. 17, according to the Mortgage Bankers Association. Refis were on the front foot again. The increase in application activity is quite different from the MBA’s survey published in early September , which saw application volume decline by 1.9%, dragged down in part by low refi activity and unexpectedly low purchase volume.

Construction 417

Construction Loans Mortgages Industrial 417

Keeping Current Matters

SEPTEMBER 22, 2021

There’s a common misconception that, as a homebuyer , you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle. That may be because those individuals assume a 20% down payment is necessary.

VA loan 314

VA loan Lending Loans As-is 314

Housing Wire

SEPTEMBER 22, 2021

The National Association of Realtors reported existing home sales for August came in at a very tiny beat of estimates at 5,880,000. Now that we are a few days away from October, we can again say that the housing bubble boys and the forbearance crash bros have whiffed just as severely in 2021 as they did in 2020. So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000.

Sales 531

Sales Closing Mortgages As-is 531

Better Dwelling

SEPTEMBER 22, 2021

Canadian home prices are moving faster than wages, leaving a lot of cash-poor, house-rich Boomers. The Ontario Teachers’ Pension Plan Board (OTPPB) must see opportunity, because they are buying a large reverse mortgage lender. The pension announced its acquisition of HomeEquity bank today. It might not be a familiar name, but their flagship product might […].

Mortgages 144

Mortgages Banks 144

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

Technology

Housing Wire

SEPTEMBER 22, 2021

August marked a slowdown in the purchase market, with existing home sales dropping by 2%, according to a monthly report published by the National Association of Realtors. The decline marked a break in two-straight months of increases, the trade group said. Completed purchase transactions of single-family homes, townhomes, condominiums and co-ops came in at a seasonally adjusted annual rate of 5.88 million in August, NAR said.

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Sales Construction Loans Marketing 403

Housing Wire

SEPTEMBER 22, 2021

Sandra Madigan, digital product director, enterprise product strategy, servicing technologies at Black Knight. This year’s list of HousingWire Insiders radiate influence well beyond the walls of their individual companies, providing the infrastructure that upholds the whole industry. HousingWire decided to dive deeper into a few of our award winners to get a peek behind the curtain on what defines an Insider , with this Q&A featuring Sandra Madigan, digital product director, enterprise produ

Industrial 382

Industrial Mortgages Technology Lending 382

Better Dwelling

SEPTEMBER 22, 2021

Elevated levels of inflation may stick around longer than central banks have let on. The Organization for Economic Co-operation and Development (OECD) released its 2021 summer outlook. The intergovernmental agency for advanced economies revised Canada’s inflation forecast higher. Not a little either, they now see double the rate of expected inflation next year.

Banks 115

Banks Development Mortgages 115

Housing Wire

SEPTEMBER 22, 2021

The average borrower has drastically changed throughout the years. Today, more borrowers are self-employed, work remotely and have multiple streams of income. For brokers, working with these borrowers can be complicated because they require unique processes. HousingWire recently spoke with Bill Dallas, President of Finance of America Mortgage, to discuss how brokers can leverage technology to accommodate today’s average homebuyer.

Finance 370

Finance Loans Technology Lending 370

Eye on Housing

SEPTEMBER 22, 2021

The Federal Reserve has been supporting the housing market during the virus crisis, the 2020 recession, and the subsequent, ongoing recovery via asset-backed purchases (among other tools), including $40 billion a month of mortgage-backed security (MBS) purchases. These MBS purchases have held interest rates lower than they otherwise would have been.

Mortgages 113

Mortgages Marketing 113

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Development

Housing Wire

SEPTEMBER 22, 2021

Real estate brokerage Compass announced Wednesday that it has signed an agreement to acquire Denver metro area based title insurance company First Alliance Title LLC , its fourth title insurance acquisition in the past year and second this month. According to Compass, the transaction is expected to be finalized before the end of the year. The financial details of the deal are not being disclosed.

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Title Brokerage Finance Loans 366

The Mortgage Report

SEPTEMBER 22, 2021

When you want to pull cash from your home, you'll need to decide between a home equity loan vs. mortgage. Here's how to choose wisely.

Equity 111

Equity Loans Mortgages 111

Housing Wire

SEPTEMBER 22, 2021

The fastest growing brokerage in insurance industry history, Acrisure , announced Wednesday that it has acquired title insurance and settlement service provider Tempo Title , marking its entrance into the real estate services business. Tempo Title is one of the largest private title insurance and settlement service providers in the U.S., with an annual revenue of over $300 million and licenses to operate in 43 states, making it one of the nation’s largest title insurance companies.

Title 347

Title Brokerage Branding Construction 347

Eye on Housing

SEPTEMBER 22, 2021

As tight inventory continued to push up prices, existing home sales fell in August but remain above pre-pandemic levels, according to the National Association of Realtors (NAR). Though the median existing home prices has increased 34% since January 2020, housing demand remains strong thanks to low mortgage rates and buyers are waiting for more inventory.

Sales 111

Sales Mortgages 111

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.

Industrial

Brownstoner

SEPTEMBER 22, 2021

Democratic mayoral nominee Eric Adams wants to convert distressed outer-borough hotels to supportive housing, as the hospitality industry still struggles to recover from the pandemic. At a September 20 press conference held outside the shuttered Phoenix Hotel on 39th Street in Sunset Park, the borough president pitched a plan to… Read More > The post Eric Adams Proposes Converting Struggling Hotels Into Supportive Housing appeared first on Brownstoner.

Industrial 105

Industrial Marketing 105

Eye on Housing

SEPTEMBER 22, 2021

Nonfarm payroll employment increased in 31 states in August compared to the previous month while 19 states and the District of Columbia lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased at a slower rate by 235,000 in August, following an upwardly revised increase of 1,053,000 jobs in July. On a month-over-month basis, employment.

Construction 111

Construction Marketing 111

BubbleInfo

SEPTEMBER 22, 2021

Did you know that a major resort in SW Carlsbad has been in the works since 2007? Here is their timeline: [link].

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105

RIS Media

SEPTEMBER 22, 2021

The internet and smartphones have made video content widespread and accessible. To engage with your clients, you need to shoot a lot of video. Let’s talk about connecting with your audience, some video ideas and how to make your videos stand out. Find Your Audience. You want your video to be seen by people interested in buying or selling a house.

Agents 105

Agents Marketing Title Design 105

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Brokerage

Eye on Housing

SEPTEMBER 22, 2021

A reversal is taking place in the construction pipeline. Since early 2013, there have been consistently more multifamily units (residences within 2+ unit properties) under construction relative to single-family homes. This was due to multifamily construction recovering more quickly in the years after the Great Recession, as well as years of underbuilding in the single-family sector.

Construction 101

Construction As-is 101

RIS Media

SEPTEMBER 22, 2021

In real estate, social media has become an important marketing tool. From promoting your listings and services to sharing educational and informative content with your sphere of influence, having a multichannel presence is essential for agents everywhere. In a time where consumers mindlessly scroll through their feeds, having some fun with your marketing methods can attract and engage even the hardest-to-reach prospects.

Branding 105

Branding Agents Development As-is 105

Agent Drive

SEPTEMBER 22, 2021

There are many reasons why roof insurance claims are denied, but they all have to do with the specifics of your policy. Your deductible is one crucial factor influencing whether or not you should file a claim for damages. Here’s what else could cause an issue: You might exceed the limits on specific types of […]. The post Reasons Why Roof Insurance Claims Are Denied appeared first on AgentDrive.

Marketing 99

Marketing 99

RIS Media

SEPTEMBER 22, 2021

ERA ® Real Estate has announced that Tucker Realty LLC, based in Mount Vernon, Washington, has affiliated with the ERA® brand. The company will now do business as Tucker Realty ERA Powered. The company, established in 2019, is owned by the husband-and-wife team of John and Michelle Combel. It provides real estate services in Skagit, Snohomish and Whatcom Counties in northern Washington State. “The Combels’ deep experience leading businesses in various industries gives them a unique p

Branding 105

Branding Brokerage Agents Development 105

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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

American Lifestyle

SEPTEMBER 22, 2021

The post Jacky’s Coconut Macaroons appeared first on American Lifestyle Magazine.

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RIS Media

SEPTEMBER 22, 2021

Realogy Holdings Corp. has been named a certified Great Place to Work® for the fourth year in a row. The award is based entirely on current employee feedback about their experience working at Realogy. This year, 86% of Realogy employees said the company is a great place to work—27 percentage points higher than a typical U.S.-based company, according to the National Employee Engagement Survey by Great Place to Work®. “I am incredibly proud that for the fourth consecutive year Realogy has be

Residential 101

Residential Design As-is Agents 101

The Mortgage Report

SEPTEMBER 22, 2021

Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. It’s as if key markets are holding their breath as they await the Federal Reserve’s crucial statement (2 p.m. […].

Mortgages 98

Mortgages Marketing 98

RIS Media

SEPTEMBER 22, 2021

NAR PULSE—Your agents’ safety is a top priority. That’s why Right Tools, Right Now commemorates Safety Month by offering new and updated safety-related products, available for free through September. Encourage your agents to stay safe while on the job by checking out this month’s products. Commit to Combatting Discrimination With Fairhaven.

Land 101

Land Agents Marketing As-is 101

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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

SEPTEMBER 22, 2021

The rather exuberant design choices on the interior of this Park Slope brownstone may not be to every buyer's taste. But underneath the color and pattern, there are some lush original features like mantels, stained glass and built-ins. The renovated two-family at 312 Garfield Place is also just a short… Read More > The post Park Slope Brownstone Near Prospect Park With Eight Mantels, Sauna Asks $9.99 Million appeared first on Brownstoner.

Renovation 98

Renovation Design Marketing 98

RIS Media

SEPTEMBER 22, 2021

Existing-home sales backed up in August, after two consecutive months of increases, according to the National Association of REALTORS® (NAR). Each of the four major U.S. regions experienced declines on both a MoM and YoY basis. Total existing-home sales decreased by 2.0% from July to a seasonally adjusted annual rate of 5.88 million in August. Year-over-year, sales dropped 1.5% from last year (5.97 million in August 2020).

Sales 98

Sales Construction Industrial Equity 98

Brownstoner

SEPTEMBER 22, 2021

Fittingly named, huggi is the ultimate comfort food. You definitely feel like you’re being hugged when eating it. Similar rice and lentil dishes exist throughout India, and are known by different names. This rice dish is also known as pongal in South India and is often served during the Hindu… Read More > The post Chitra Agrawal of Brooklyn Dehli Shares a Recipe for Khara Huggi or Pongal appeared first on Brownstoner.

As-is 98

As-is 98