Keeping Current Matters
OCTOBER 19, 2022
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%.
Housing Wire
OCTOBER 19, 2022
U.S. debt purchasers are positioned to benefit from rising delinquencies due to improvement in portfolio supply from an increase in non-performing loan (NPL) sales, according to a recent report from Fitch Ratings. This increase in delinquencies is attributed as a byproduct of mounting recessionary pressures, with higher interest rates and inflation raising the risk of portfolio write-downs, which the firm says reinforces the importance of strong capitalization, pricing discipline and cost effici
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Realty Biz
OCTOBER 19, 2022
Buying or selling a home isn't easy, with potential problems before you close. The home inspection is part of the process that can lead to problems, but what does a home inspector do? The home inspection is the buyer's opportunity to get a professional opinion on the home's condition. If you are unsure about what does a home inspection cover, we take a look so that you are better informed.
Housing Wire
OCTOBER 19, 2022
With interest rates now at 14-year highs, the cost of homeownership is becoming an issue for most prospective home buyers. HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about how mortgage lenders can leverage credit to help make homeownership more affordable. HousingWire: With interest rates at 14-year highs, what kind of pressure does that put-on housing affordability?
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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.
Fancy Pants Homes
OCTOBER 19, 2022
World-champion boxer Sugar Ray Leonard is once again floating his spectacular Pacific Palisades compound on the market, this time asking $45 million for the 1.7-acre property. The former professional boxer, who had a legendary 20-year career during which he won world titles in five weight classes, made history as the first in his sport to earn more than $100 million in prize money.
Housing Wire
OCTOBER 19, 2022
Nations Direct Mortgage, a residential lender in both the retail and wholesale channels, on Wednesday announced appointing Jack O’Brien as its senior vice president and national sales director. Prior to joining Nations Direct, O’Brien held leadership positions at LoanDepot , was Northeast regional sales manager at Fifth Third Bank; principal at J.H.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
OCTOBER 19, 2022
A coalition of 77 banking trade groups led by the American Bankers Association (ABA) and the Independent Community Bankers of America (ICBA) has asked the Federal Housing Finance Agency (FHFA) to modify an existing rule which allows banks to access lower-cost funding from the Federal Home Loan Bank (FHLB) system even if they report that they currently have negative tangible capital.
BubbleInfo
OCTOBER 19, 2022
This 6.9-acre oceanfront site has been called one of the most exclusive and unique properties in the United States, and has been listed for sale since 2007 – the current price is $49,000,000. An incredible turn of events is underway – the planned high-end resort was defeated by the voters, so now they want to […].
Housing Wire
OCTOBER 19, 2022
A doubling of 30-year fixed rate mortgage rates, shrinking profit margins and a risk of recession presents a challenging environment for independent mortgage banks (IMBs), but smaller IMBs are better positioned to weather challenges, claimed the Community Home Lenders of America (CHLA), a lobby group that represents smaller mortgage lenders. Large IMBs with portfolio holdings or a non-qualified mortgage (non-QM) loan focus have more risk than smaller IMBs, concluded the CHLA’s latest report, whi
Realty Biz
OCTOBER 19, 2022
The Asian Real Estate Association of America will hold its 2022 national convention, AREAA Unplugged , on October 20-22 in San Diego, California at the Manchester Grand Hyatt. AREAA expects more than 1,000 to attend. The event will be headlined by multiple prominent figures in the real estate industry and AAPI community, featuring 75 speakers who will address such timely topics as modern content creation and marketing, navigating the current marketplace, ways to grow a real estate career, AAPI m
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.
Housing Wire
OCTOBER 19, 2022
Fitch Ratings in October 2022 set negative outlooks for four nonbank mortgage lenders. Credit rating agency Fitch this week revised the long-term issuer default ratings (IDRs) for five nonbank residential mortgage lenders based on their financial performances in the first half of 2022. The results: downgraded two companies and set a negative outlook for four.
Realty Biz
OCTOBER 19, 2022
ERA Real Estate , a global franchising leader within the Anywhere SM portfolio of brands, continues its 2022 growth momentum with the addition of 12 new U.S.-based companies and two international master franchise agreements. Recently named one of 2022’s Fastest Growing Franchises by Entrepreneur, the ERA ® brand’s value proposition continues to be reaffirmed, with 14 companies renewing franchise agreements with the brand.
Housing Wire
OCTOBER 19, 2022
Mortgage demand continued its downward trend last week, reaching the lowest level in 25 years, according to the latest survey from the Mortgage Bankers Association (MBA). That indicates lenders may still face substantial declines in their origination volume in the last quarter of 2022. Depositary banks such as JPMorgan Chase , Wells Fargo and Bank of America have already experienced double-digit contraction in their production in the third quarter, which is also expected of their non-depos
Realty Biz
OCTOBER 19, 2022
Huntsville, Alabama’s market is cooling off like most other regions because of rising interest rates and other economic factors. So, this week’s list of top real estate professionals may come in handy once the houses stop selling themselves. Luckily, we’re also homing in on good search strategies for people wanting to find the top agents in specific regions.
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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.
App Folio
OCTOBER 19, 2022
Access to affordable housing has been a significant issue in the United States for decades, but Harvard University reported that.
Toronto Realty Blog
OCTOBER 19, 2022
TorontoRealtyBlog. Feel free to propose other suggestions for today’s title, because trust me when I say that I had considered a few. Should Tenants Be “Screened” To Determine Candidacy? That’s really what we’re doing here, right? Screening them. Should Prospective Tenants Be “Approved” Before Viewing Properties?
Lighter Side of Real Estate
OCTOBER 19, 2022
Pets are part of the family; many people even consider them their children. And like children, they come with costs that you’ll have to deal with, like: Food. Grooming. A walker or pet sitter. Unexpected vet bills. But higher rent isn’t something you’d have to expect if you had an actual child. Sure, it may cost you more to rent a place that has enough room for the amount of children you have, but no landlord is going to tack on an extra monthly fee or deposit for every kid you have.
Real Trends
OCTOBER 19, 2022
Want to finish the year strong and carry momentum into next year? A well-executed business plan is key. A profit-producing business plan needs to be in place and activated by November 1. It takes 30 to 45 days for the activities to result in contracts, so your associates will finish the year strong and carry their momentum (pending contracts) into next year.
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.
Agent Fire
OCTOBER 19, 2022
These Halloween real estate marketing tips put you ahead of the curve and generate leads through the holiday season - even in a market downturn. Real Estate Marketing Ideas for Halloween is just one of many great real estate strategies on The Spark.
Brownstoner
OCTOBER 19, 2022
In Windsor Terrace and just a short stroll to Prospect Park, this early 20th century brick row house got a renovation that increased the height in the English basement for more living space. Architect Laurie Lieberman was behind the 2007 work at 225 Windsor Place filings show, with work also… Read More > The post Windsor Terrace Row House With Renovated English Basement, Solar Asks $2.75 Million appeared first on Brownstoner.
Bigger Pockets
OCTOBER 19, 2022
We’re taught throughout our childhood to answer questions. Questions like what’s two plus two? Who was the first U.S. president? And what’s the equation for photosynthesis? J Scott opens his […].
Brownstoner
OCTOBER 19, 2022
It is time to put out the ghoulish decor and get the costumes ready as Halloween is set to take over Brooklyn. While many annual events were still on pause in 2021, the calendar for Halloween weekend is full this year. We've rounded up some of the free or low… Read More > The post Get Your Costume Ready for Some Spooky Brooklyn Halloween Events appeared first on Brownstoner.
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.
Sotheby's International Real Estate
OCTOBER 19, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ??????. Mill Neck, New York | Carolina Murphy, Dominican Republic Sotheby’s International Realty. Built in 2022, “Villa Farallon” is a 10-bedroom ultra-luxurious home situated atop an oceanside cliff with breathtaking views of the Caribbean Sea, and is tucked into one of the most private and exclusive cul-de-sacs within Casa de Campo® Resort.
Bigger Pockets
OCTOBER 19, 2022
Financial freedom in two years? How can that be possible with high interest rates and higher home prices? If you’re looking at what’s on the MLS as the only deals […].
Brownstoner
OCTOBER 19, 2022
Prospect Lefferts Gardens residents largely supported designating two rows of townhouses on Parkside Avenue as a historic district at a Landmarks Preservation Commission hearing Tuesday morning, saying the inconveniences caused by landmarking were a “worthwhile tradeoff” to avoid demolition of the more than 100-year-old homes. The “remarkably cohesive and intact group”… Read More > The post PLG Locals Say LPC Demands Are ‘Worthwhile Tradeoff’ to Protect Parkside Kinko Houses appeared f
Redfin
OCTOBER 19, 2022
Whether you’re ready or not, the temperatures are dropping, the leaves are changing colors, and soon you’ll be preparing your home for winter. Unfortunately, this also means shorter, darker days are ahead, which can wreak havoc on your sleep schedule and mood. The good news is – you can still keep your spirits up and enjoy your time inside by swapping décor that will make for a brighter home or apartment.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
The American Genius for Real Estate
OCTOBER 19, 2022
Happy hour is designed to bond teams and offer a perk, but the design is outdated to benefit few workers – let’s just get rid of the practice.
Mashvisor
OCTOBER 19, 2022
If you’re looking for a guide on how to do a competitive market analysis in real estate, look no further. This guide will help you through.
Redfin
OCTOBER 19, 2022
If you own a home with an attic or your rental home comes with a bonus attic space, there’s a chance the room has gone unused. Whether it’s completely empty or it’s the current home for your boxes of seasonal decorations, sporting gear, or home improvement tools, there are plenty of ways you can spruce up your attic space to create a great escape. From comfy furnishings to welcoming wallpaper, there are so many attic design ideas to help you create a cozy space perfect for any use.
Windemere Selling
OCTOBER 19, 2022
It’s common for homeowners to feel compelled to remodel their homes before they sell. Renovating the spaces in your home can increase its value and help you compete with comparable listings in your area. However, some remodeling projects are more beneficial than others as you prepare to sell your home. Always talk to your agent to determine which projects are most appealing to buyers in your area.
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.
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