Wed.Sep 15, 2021

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The purchase mortgage market continues to pick up steam

Housing Wire

Mortgage loan application volume rebounded from the week prior, increasing by 0.3% for the week ending Sept. 10, according to the Mortgage Bankers Association’s weekly report. The increase in application volume was predominantly driven by purchase mortgage activity , which grew by 8% from the week prior , the trade group said. . Not surprisingly, the refi index has continued to slip, dipping 3% from the previous week, the MBA noted.

Mortgages 473
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5 Tips for Making Your Best Offer

Keeping Current Matters

In today’s sellers’ market , standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams. Below are five things to keep in mind when it’s time to make an offer. 1.

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FHFA proposes changes to GSE capital rule

Housing Wire

The FHFA proposed a rule on Wednesday to amend the Enterprise Regulatory Capital Framework (ERCF) for the GSEs that would refine the leverage buffer and the risk-based capital treatment for CRT transactions. However, far from reopening the whole discussion on the ERCF, the new rule proposes three specific amendments based on comments the FHFA received last year.

Investor 389
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Mortgage Refinancing Activity Tapers in Latest Month

Eye on Housing

The last four weeks’ mortgage purchasing and refinancing activities, as reflected in the Mortgage Bankers Association’s (MBA) latest weekly application surveys, shows a general withdrawal of refinancing and a very slight increase in purchasing from the prior month. The 30-year fixed-rate mortgage rate hovered 3 basis points above 3 percent, consistently, for the last three weeks.

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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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Reverse mortgage volume drops in August

Housing Wire

The reverse mortgage volume boom appears to have diminished for now, at least if new data is any indication. Home Equity Conversion Mortgage (HECM) endorsements fell in August, 2021 by 14.3% to 3,679 loans, with July now having marked the end of a streak of monthly volume above a threshold of at least 4,000 units that has been observed since late 2020.

Mortgages 384

More Trending

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Video of the Week: Take a Virtual Tour of a Sprawling Mountain Home in Park City, Utah

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. ??. Park City, Utah | Michael LaPay & Rachel Taylor Retzer, Summit Sotheby’s International Realty . This home is perfectly situated on its own 3.2 acres overlooking 25 acres of ponds, open space, a year-round stream and panoramic ski run views.

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The Key Paperwork You Need to Sell a House, With or Without a Realtor

HomeLight

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. Without further ado, we’ve done the research to round up the key documents needed to sell a house and run them by two top real estate agents and a real estate attorney who’ve seen these forms countless times.

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Mortgage Applications Reach Highest Level Since April

RIS Media

Mortgage applications increased 0.3% from the previous week, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending Sept. 10, 2021. This week’s results include an adjustment for the Labor Day holiday. Key details: – Market Composite Index increased 0.3% on a seasonally adjusted basis from the previous week. – Unadjusted, the index decreased 10% compared with the previous week. – The Refinance Index decre

Mortgages 116
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6 Tax Breaks to Offset Capital Gains When Selling a Home

HomeLight

DISCLAIMER: This article is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. HomeLight always encourages you to reach out to an advisor regarding your own situation. Whether you’re midway through selling your home or have just signed the final closing documents, you may be reeling with worry that your profits will be heavily taxed.

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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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Canadian Real Estate Sales Continue To Spiral Lower, Fewest In Over A Year

Better Dwelling

Canadian real estate saw the fewest home sales in over a year, as the market continues to cool. Canadian Real Estate Association (CREA) data shows existing-home sales fell in August. Despite falling, the month printed the second biggest number ever. Sales are also still much higher than normal. That said, it was a very sharp […]. The post Canadian Real Estate Sales Continue To Spiral Lower, Fewest In Over A Year appeared first on Better Dwelling.

Sales 111
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3 Ways to Improve Your Authenticity on Social Media

RIS Media

Being authentic on social media can seem like a marketing buzzword, but it must be essential to every agent’s online presence. Showing people you’re a relatable and genuine professional can go a long way toward branding yourselves as an agent worth hiring. From building relationships with buyers and allowing folks to connect with your brand genuinely, a brand that leans into its unique traits and human side can turn prospective onlookers into loyal customers in no time.

Branding 105
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Publicizing The Listing Agent

BubbleInfo

The old rule was that any agent could advertise any MLS listing via the IDX, as long as the listing agent’s name and brokerage was displayed. But now you have to include their contact information too. He sounds confident because this is clearly a shot at Zillow but the unintended consequences from directing the consumer […].

Agents 105
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Should I use my builder’s preferred lender? Pros and cons

The Mortgage Report

If you're buying a new construction home, the builder may have a preferred mortgage lender. Should you work with this company? Here are the pros and cons.

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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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HUD Provides Access to $5B in American Rescue Plan to Address Homelessness Crisis

RIS Media

The U.S. Department of Housing and Urban Development (HUD) issued the HOME-ARP Implementing CPD Notice, Requirements for the Use of Funds in the HOME-American Rescue Plan Program. The new HOME-ARP notice is a critical step taken by HUD to expeditiously allow communities to begin accessing funds from the nearly $5 billion funds allocated from the American Rescue Plan to help communities across the country create affordable housing and services for people experiencing or at risk of experiencing ho

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Mortgage and refinance rates today, Sept. 15, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. And the last time they rose was a week earlier. All this is fantastic news, given how low these […].

Mortgages 105
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FHFA: Certain Portions of 2021 PSPAs Being Suspended

RIS Media

The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury suspended certain provisions added to the Preferred Stock Purchase Agreements (PSPAs) with Fannie Mae and Freddie Mac on Jan. 14, 2021. “This suspension will provide FHFA time to review the extent to which these requirements are redundant or inconsistent with existing FHFA standards, policies and directives that mandate sustainable lending standards,” said FHFA Acting Director Sandra L.

Lending 105
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Successful Auctions

BubbleInfo

Nicolas Berggruen, a real estate investor who earned the moniker “homeless billionaire” through his jet-setting lifestyle and lack of a permanent address, just shelled out $63.1 million for the Hearst estate in Beverly Hills, winning the prized property in a bankruptcy auction that was more competitive than some expected. The co-founder of the Berggruen Institute […].

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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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Tips to Extend the Life of Perishables

RIS Media

The post Tips to Extend the Life of Perishables appeared first on RISMedia.

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Newly Digitized Negatives Give a Glimpse of Mid-Century Life Around Pratt Institute

Brownstoner

There is still a bit of mystery surrounding the thousands of photographs, but after a major digitization project, an intriguing collection of 20th century images documenting the people and buildings of Pratt Institute and its environs are available to eager researchers and Brooklyn history enthusiasts. Taken between 1957 and 1973… Read More > The post Newly Digitized Negatives Give a Glimpse of Mid-Century Life Around Pratt Institute appeared first on Brownstoner.

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Weighing In on Buyer Representation Agreements

RIS Media

At the Real Estate Buyer’s Agent Council (REBAC), buyer representation agreements are viewed as a crucial tool for establishing mutual expectations, preventing misunderstandings, and instilling loyalty between agents and their buyer-clients. To help brokers gain insights from agents in other markets, I wanted to share some feedback we received from ABR® designees in our annual membership survey, as well as related perspectives.

Design 103
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Cleveland Housing Market: Prices | Trends | Forecasts 2021-2022

Marco Santarelli

If you are looking at buying a house in Cleveland you must read till the end. Cleveland is often looked at as a has-been market. However, its turnaround has created several opportunities for investors and residents alike. The Cleveland housing market is rebounding. All indicators point to growing income, a solid job market, and increasing home values in Ohio.

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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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How to Design a Better End to Your Workday

RIS Media

As a real estate agent, life can be chaotic. If you’re going to thrive with such an untraditional workweek, you need to have some sort of structure in place. Whether you’re back in the office or still working remotely, there are many benefits to designing a cohesive end to your workday. An end-of-day ritual is an excellent way to keep your sanity and prepare yourself for tomorrow.

Design 101
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Brownstone Boys: How We Gave Our Own DIY Spin to Vintage Doors

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. Our favorite room in our home is our vintage inspired guest bathroom, and more specifically, our favorite feature in it is the… Read More > The post Brownstone Boys: How We Gave Our Own DIY Spin to Vintage Doors appeared first on Brownstoner.

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PPC Has Great ROI!

RIS Media

The post PPC Has Great ROI! appeared first on RISMedia.

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Renovated Cobble Hill Townhouse With Marble Mantels, Plasterwork Asks $6.3 Million

Brownstoner

An architect-designed reno mixed with original details like marble mantels and plasterwork give this Cobble Hill townhouse a bit of Brooklyn old and new. The interior of the single-family at 269 Warren Street has been featured in film and television productions, although the listing is coy as to the actual… Read More > The post Renovated Cobble Hill Townhouse With Marble Mantels, Plasterwork Asks $6.3 Million appeared first on Brownstoner.

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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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Coldwell Banker Partners With Supreme Auctions

RIS Media

Coldwell Banker Real Estate LLC has partnered the Coldwell Banker Global Luxury® program with Supreme Auctions®, a luxury real estate auction brand. In selecting and partnering with Supreme Auctions®, the Coldwell Banker® brand has provided an alternative and effective platform for its Global Luxury Property Specialists to offer to their customers and clients in the buying and selling of their luxury properties.

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Under Contract in Less Than a Week, Matt Tilley of First Team Sells Hermosa Beach Walk Street Home for $4 Million

First Team Real Estate

HERMOSA BEACH, CA – Closing sale on 20 4th St, Hermosa Beach for $4,021,875 in just one month, Matt Tilley wasted no time capturing top dollar for his client with a thorough preparation plan and comprehensive marketing strategy to match. Known throughout the local market as The British Bloke, Tilley’s keen marketing expertise and in-depth understanding of Southern California’s coastal luxury markets consistently place him among the top agents within the First Team Long Beach office and the entir

Design 97
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3 Things to Consider When Working With Second-Home Buyers and Sellers

RIS Media

Second homes have become increasingly popular as buyers seek to capitalize on record-low mortgage rates and find a respite from the big city, especially after a year like 2020. Here are three things you should consider when working with second-home buyers and sellers. 1. Location. In Portland, Maine, Chris Lynch, founder and owner of Legacy Properties Sotheby’s International Realty, advises buyers to watch the market and be ready to pounce if a property comes on the market in a location th

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