Keeping Current Matters

OCTOBER 18, 2022

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights.

Sales 307

Sales Marketing 307

Housing Wire

OCTOBER 18, 2022

Racial Equity Accelerator for Homeownership, a collaboration between Urban Institute and Federal Home Loan Bank (FHLB) of San Francisco , on Monday released a report that examines how the adoption of alternative data can benefit Black households within the mortgage lending landscape. The report found a 30-percentage point gap in homeownership between Black and white households in the U.S., which is wider than it was in 1960, before the Fair Housing Act was passed and while race-based housing dis

Equity 448

Equity Lending Mortgages Loans 448

Eye on Housing

OCTOBER 18, 2022

In a further signal that rising interest rates, building material bottlenecks and elevated home prices continue to weaken the housing market, builder sentiment fell for the 10th straight month in October and traffic of prospective buyers fell to its lowest level since 2012, with the exception of two months during the Spring of 2020. Builder confidence in the market for.

Marketing 133

Marketing 133

Housing Wire

OCTOBER 18, 2022

Homebuilder confidence continued its downward spiral in October, hitting its lowest level since August 2012, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Tuesday. In October, builder sentiment in the market for newly built single-family homes fell eight points from September to a reading of 38 points, half the level it was six months ago.

Construction 435

Construction Sales As-is Marketing 435

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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.

Development

Lighter Side of Real Estate

OCTOBER 18, 2022

By law, real estate commissions are negotiable. So you certainly have the right to ask a real estate agent if they’re willing to agree to a lower fee than they’re asking you to pay. Just know that some agents may be willing to accept a lower commission, while others won’t budge. But before you dismiss an agent who doesn’t budge, and sign on the dotted line with one who does, there are a few things you might not be aware of that you should consider.

Agents 113

Agents As-is Closing Marketing 113

Housing Wire

OCTOBER 18, 2022

Boston-based real estate investment proptech Knox Financial announced Monday it is launching new products on its platform that will help homeowners transform their homes into investment properties. “For homeowners who are ready to move, Knox’s new investment property products give them a way to turn the home they’re moving out of into an investment property that generates predictable returns on a timeline,” David Friedman, CEO of Knox, said in a statement. .

Equity 435

Equity Lending Loans Mortgages 435

Housing Wire

OCTOBER 18, 2022

Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S. due to the slowdown in the housing market, according to the firm. Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets.

Technology 435

Technology Investor Closing Development 435

Fancy Pants Homes

OCTOBER 18, 2022

Highlights. The Amityville Horror House is real , and you can find it in Long Island, NY — though its now-infamous 112 Ocean Avenue address has changed to 108 Ocean Ave. Its tragic history started in 1974 when Ronald DeFeo Jr. killed his entire family (father, mother, two brothers, and two sisters) DeFeo’s brutal murders inspired the book and film versions of The Amityville Horror The house’s next tenants had it exorcised, but that didn’t seem to help Strange things start

Renovation 105

Renovation As-is Branding Marketing 105

Housing Wire

OCTOBER 18, 2022

A recent lawsuit claims Sprout Mortgage left its warehouse lender FirstFunding holding over $220 million of its debt when the mortgage lender abruptly closed on July 6. Sprout was founded in 2009 by industry veteran Michael Strauss and became “one of the fastest growing non-QM lenders in the country,” according to the lawsuit. The company relied on several warehouse lenders to obtain advances in order to originate residential mortgages, paying off these lines of credit after selling the loans in

Loans 397

Loans Principal Mortgages Lending 397

The American Genius for Real Estate

OCTOBER 18, 2022

As rules surrounding workers' independent contractor status are aimed at gig workers at Uber and elsewhere, how could this impact the practice of real estate?

Brokerage 105

Brokerage 105

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

Housing Wire

OCTOBER 18, 2022

Loan quality and audit services company QC Ally announced on Tuesday that Kristin Broadley has joined the company as its new chief innovation officer. In this role, Broadley will help expand QC Ally’s tech-enabled loan quality initiatives and audit services. Broadley’s professional career spans more than two decades. Her most recent role was vice president of enterprise risk at Rocket Central. .

Loans 397

Loans Staging Mortgages Industrial 397

Sotheby's International Real Estate

OCTOBER 18, 2022

Literature classes have familiarized readers worldwide with the aesthetics and mystique of The Great Gatsby, F. Scott Fitzgerald’s tale of 1920s life among the young jet set of Long Island’s Gold Coast. In many ways, the modern-day Hamptons represent what that character’s stomping grounds represented in its time—ease, prestige, luxury, enduring style, and proximity to the hypnotic, diverting waters of the sea.

Brokerage 103

Brokerage 103

Housing Wire

OCTOBER 18, 2022

To say that mortgage lenders are facing challenging times would be a considerable understatement. The federal funds rate, which is set as a range between an upper and lower limit, currently stands at 3% to 3.25%. The last time that the rate reached 3.25% was in 2005 — and we all know how that story unfolded. Increasing rates pressure originators to lower credit standards in order to keep originating loans.

Mortgages 370

Mortgages Marketing Fixed-rate mortgage Lending 370

The Close

OCTOBER 18, 2022

Are you thinking of getting your Iowa real estate license? A career in real estate offers variety and allows you to be your own boss. The best part is that it’s relatively simple to get started too. With just a few straightforward steps, you could be helping buyers and sellers in Des Moines or any other community in Iowa in no time. To qualify, you must be over 18 and a legal U.S. resident.

Brokerage 97

Brokerage Closing As-is Agents 97

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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.

Brokerage

Housing Wire

OCTOBER 18, 2022

Automated Valuation Models (AVMs) are having a moment. With U.S. homeowners sitting on more than $30 trillion dollars in home equity, many lenders are looking to the latest AVMs to improve the accuracy and efficiency of their home equity lending. Here are four ways the next generation of AVMs are reducing risk, accelerating decision making and cutting the cost of home equity originations. 1.

Equity 321

Equity Technology Lending Loans 321

Bigger Pockets

OCTOBER 18, 2022

Who says you can’t have it all? The career, the love, the wealth—it can all be yours if you want it and work for it. Today’s guest, Mackenzie Grate, works hard so […].

Principal 94

Principal 94

Realty Biz

OCTOBER 18, 2022

Soaring mortgage rates have led to the worst affordability in almost four decades, while sellers are also losing their ability to move up to more desirable homes. On Friday, October 14, 2022, the current average 30-year fixed-mortgage rate was 7.04%. Not only are mortgage rates at a 20-year high, but inflation is raging, and the stock markets are tanking.

Mortgages 89

Mortgages Marketing Equity Loans 89

Bigger Pockets

OCTOBER 18, 2022

After incredible appreciation over the past few years, the residential real estate market has finally started to decline. Many chicken littles are saying this is the beginning of an all-out collapse. […].

Residential 92

Residential Marketing Commercial 92

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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

Realty Biz

OCTOBER 18, 2022

??Real estate is undergoing another major change, as digital technologies are changing the way people interact with each other. Mobile apps have now become essential tools for both clients and agents in the business of real estate. Virtual reality systems have also been used to give potential customers the feel of living inside a house before even buying it.

Technology 79

Technology Agents Loans Mortgages 79

Brownstoner

OCTOBER 18, 2022

A co-op in one of Brooklyn's most storied prewar buildings doesn't come cheap, but this Classic Seven has the gracious floor plan and vintage details one would expect at 9 Prospect Park West. The Art Deco apartment building with Venetian-style details designed by Boak and Paris opened in 1929, just… Read More > The post Grand Park Slope Prewar With Mantel, Maid’s Room, Butler’s Pantry Asks $2.25 Million appeared first on Brownstoner.

Design 76

Design 76

BubbleInfo

OCTOBER 18, 2022

The national bashing of the real estate market continues unabated, and I’m sure there are individual markets that are really feeling it. But real estate is local, so let’s examine the facts. To get a sense of what has been happening since rates got into the 6s, let’s review NSDCC homes that have gone pending […].

Marketing 75

Marketing 75

Brownstoner

OCTOBER 18, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Midwood, Prospect Park South, Beverly Square West and Park Slope. How did they fare? In Midwood, this sponsor unit offers some Deco details along with an updated kitchen and the bonus of… Read More > The post Brooklyn Real Estate Listings Six Months Later: Slope House Sells for $1.605 Million Over Ask appeared first on Brownstoner.

Marketing 76

Marketing 76

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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

RISMedia

OCTOBER 18, 2022

By Lizzie Weakley A bathroom remodel is a great way to increase the value of your home and make it more enjoyable to live in. But with so many different styles to choose from, it can be hard to decide which one is right for you. Here are five popular bathroom styles to help you […]. The post 5 Popular Styles for Your Bathroom Remodel appeared first on RISMedia's Housecall.

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Brownstoner

OCTOBER 18, 2022

Mayor Eric Adams has proposed three sprawling amendments to the city’s zoning code that he says would transform the Big Apple from a mess of red tape to a “City of Yes.” The amendments are aimed at making it easier for the public to do business in the city, along with… Read More > The post Mayor Proposes Zoning Code Amendments to Turn New York into a ‘City of Yes’ appeared first on Brownstoner.

Development 75

Development 75

Mashvisor

OCTOBER 18, 2022

Using the best real estate investment app is necessary for any beginner investor. You need one to compete in today’s real estate market.

Investor 67

Investor Marketing 67

Brownstoner

OCTOBER 18, 2022

In the News How a Comedic Actor Who Writes Novels Spends His Sundays [NYT] Why New York’s Day Care Centers Are Going Broke [NYT] Brooklyn Residents Have Mixed Feelings About BQE Meeting [Eagle] Chicago Ramen Restaurant Urbanbelly Coming to New ‘Burg Market [BP] Starbucks Workers in ‘Burg Went on Strike This Saturday [Greenpointers] Free Parking Lot… Read More > The post Daily Links: Heights Residents Question Sincerity of City’s BQE Public Engagement Process appeared first on Bro

Marketing 75

Marketing 75

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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.

Sales

Redfin

OCTOBER 18, 2022

San Francisco, CA, is by no means a small city, with a whopping 875,000 people living in the city. Locals never run out of entertainment options here with so many attractions and unique neighborhoods to explore. In San Francisco, you’ll find a plethora of delicious cuisines, dozens of art exhibits and museums, and an incredibly proud sports fan base. .

Sales 66

Sales As-is Industrial Marketing 66

BubbleInfo

OCTOBER 18, 2022

The multi-gen buyers would love a house like this!

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Redfin

OCTOBER 18, 2022

Living in an apartment is something most people experience in their journey as a renter. And one of the things that come with apartment life is the notoriously small bedrooms and closets. Maintaining an organized bedroom and closet is a day-to-day battle unless you’re a minimalist or a pro at keeping your space clutter-free. . How do you organize a one-bedroom apartment with minimal closet space?

Staging 63

Staging Design As-is 63

National Association of Realtors: Culture Scan

OCTOBER 18, 2022

How to Create Your Own (Cheap!) Haunted House Check out our DIY tips for staging a family-friendly homemade haunt. Hint: Start saving your empty toilet paper tubes now.

Staging 55

Staging 55

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BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

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