Housing Wire

MARCH 1, 2022

UWM’s headquarters in Pontiac, Michigan. United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, posted another record for production in 2021, but lower margins and declines in fair value of mortgage servicing rights impacted its earnings. The company reported on Tuesday $1.56 billion in profits in 2021, down 53.6% from the $3.38 billion registered in the previous year, which was the best in the history of the mortgage industry.

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Loans Loan Officer Mortgages Closing 397

Keeping Current Matters

MARCH 1, 2022

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal.

Marketing 226

Marketing 226

Housing Wire

MARCH 1, 2022

Veev , a California-based homebuilding company, announced raising a $400 million Series D led by BOND , according to a press release shared with FinLedger. The company says it will use the funding to scale its operations, accelerate its research and development and expand construction into new markets. LenX , Zeev Ventures and Fifth Wall also participated in the round, which brings Veev’s total funding to date to $600 million.

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Construction Development Inspection Design 390

Sotheby's International Real Estate

MARCH 1, 2022

At first blush, this elegant Tudor-style residence could easily be mistaken for an enchanting Old World manor in the European countryside. Notwithstanding its stateside location in the charming East Bay community of Piedmont—a short drive from San Francisco—it is, in fact, quite grand, offering some 9,928 square feet of generously proportioned living and entertaining spaces replete with ornate traditional details.

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Brokerage 136

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Agents

Housing Wire

MARCH 1, 2022

This year’s list of TECH100 Real Estate honorees represent a huge shift in the direction that the real estate industry is heading in. Though real estate may have fallen behind in technological advances compared to other industries in the past, all of that is changing, and this year’s list of Tech100 winners embody that shift. With endless new offerings in the world of fintech and proptech, these organizations have found solutions to every pain point that currently exists in the real estate

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Technology Sales MLS Title 384

Sotheby's International Real Estate

MARCH 1, 2022

Sotheby’s International Realty today announced the opening of Northland Sotheby’s International Realty, signifying the brand’s continued growth in the state of Minnesota. The addition marks the brand’s fourth affiliated office in the state. Northland Sotheby’s International Realty is owned and operated by Adam and Jacqueline Kalenberg who bring a collective 16 years of experience to the company.

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Branding 120

The Close

MARCH 1, 2022

Consistently generating real estate buyer leads is what sets successful agents apart, especially early in their careers. If you want to climb the success ladder in the real estate industry, you’ve got to deploy strategies that will create a steady stream of buyer clients. We reached out to real estate high-rollers from across the country to get the inside scoop on the best strategies to spark and cultivate relationships with real estate buyers, and here’s what they had to say. 1.

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Agents MLS Closing As-is 115

Housing Wire

MARCH 1, 2022

The 2022 TECH100 Mortgage list of honorees spotlights the innovators that are making the housing sector better and more sustainable by increasing efficiency, improving borrower experience and bringing elasticity to mortgage origination and servicing processes. These organizations were measured based on each company’s key technology, quantifiable metrics and client impact.

Mortgages 370

Mortgages Loans Technology Sales 370

Brownstoner

MARCH 1, 2022

The federal Environmental Protection Agency is concerned that the state’s current plans to clean up the heavily contaminated Public Place site are insufficient and would leave behind dangerous chemicals that could present health issues to the surrounding neighborhood, according to a letter obtained by Brooklyn Paper. A February 23 missive from… Read More > The post EPA Letter Warns State Cleanup of Gowanus Green May Leave Contamination Behind appeared first on Brownstoner.

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Development 112

Housing Wire

MARCH 1, 2022

Many lenders are familiar with digital closings (eClosings), but they might not know just how valuable they can be to their business. In a recent study , Marketwise and Notarize found that digital closings shorten the time it takes to close, reduce errors and increase ROI — all while improving customer experience. Lenders don’t have to offer a full digital close to reap the benefits of eClosings.

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Closing Loans Title Technology 366

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.

Loans

BubbleInfo

MARCH 1, 2022

Do you ever wonder who else is reading this blog? Here are some demographics for readers in the first two months of 2022: The number of users were running around 5,000 per month last year, so welcome newcomers! About half of the audience is between the ages of 25-44, which is promising: I’m glad to […].

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Housing Wire

MARCH 1, 2022

Fannie Mae has appointed Sharifa Anderson to fill the newly created role of senior vice president and chief diversity and inclusion officer. Effective Feb. 28, Anderson, who recently served as the chief diversity and inclusion officer at Federal Home Loan Bank of Pittsburgh , will lead Fannie’s efforts to create positive diversity and inclusion outcomes across the enterprise as well as with the enterprise’s suppliers, business partners, and the people and communities it serves, the government-sp

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Banks Finance Industrial Lending 359

The Mortgage Report

MARCH 1, 2022

Today’s mortgage and refinance rates Average mortgage rates tumbled yesterday. And that wiped out more than two weeks of rises. But, of course, those rates are still significantly higher than […].

Mortgages 100

Mortgages 100

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. “Hey Clayton …” and a link. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market.

Technology 344

Technology Brokerage Lending Mortgages 344

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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

Realty Biz

MARCH 1, 2022

This fast-moving story will change quickly. Early on, there are a few ways that the Russian-Ukraine War is likely to have an impact on the U.S. residential real estate market. The two most probable and quickest are likely to be an increase in building material costs that is countered by a smaller increase in mortgage rates. Photo by David McBee on Pexels.com.

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Residential Construction Investor New Construction 97

Housing Wire

MARCH 1, 2022

In today’s competitive landscape, the secondary market provides a prime opportunity to pursue better margins, more competitive rates and increased profitability. For America’s local lenders, though, this area also presents challenges. While small and midsize lenders play a vital role in American home-buying, originating almost 50% of loans for the $4 trillion U.S. mortgage market, they often lack the scale and access they need to execute to their full potential in the secondary market.

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Marketing Technology Loans Investor 343

Brownstoner

MARCH 1, 2022

In the News A Brooklyn Fraudster Who Just Can’t Seem to Stop … Selling Eyeglasses [NYT] Three Bedrooms, Two Roommates and a Patch of Dirt in Bed Stuy [NYT] Small Landlords Say They Are at Risk of Losing Homes [BK Reader] Court Order Lets Longtime Crown Heights Family Stay in Their Home [Patch] 8 Best… Read More > The post Daily Links: Judge Rules Crown Heights Family Facing Eviction Can Stay in Brownstone appeared first on Brownstoner.

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Realty Biz

MARCH 1, 2022

Real estate experts say the spring buying season will be an extraordinarily tough one for anyone who’s in the market to buy a home, unlike any year in living memory. ng real. The facts speak for themselves. The inventory of homes for sale has never been as low as it is now. Home prices are still rising by double-digit percentages annually, and mortgage rates are also on the rise.

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Mortgages Sales Industrial As-is 94

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.

Agents

RIS Media

MARCH 1, 2022

Americans are getting better at paying their taxes. That’s the simplified analysis of CoreLogic’s latest Real Estate Property Tax Delinquency Report, which analyzes real estate property tax delinquency changes nationally and at state levels. 2021 annual data shows a national average delinquency rate of 5.9%, down 0.4% from the year prior. The CoreLogic Property Tax Delinquency Report analyzes national and state real estate property tax delinquency percentages spanning the period from 2011 to 202

Loans 95

Loans Industrial Agents 95

Lighter Side of Real Estate

MARCH 1, 2022

Nearly everyone is keeping an eye on what’s happening in Ukraine, hoping it will end quickly and without too much damage and loss of life. It may feel trivial and even selfish to wonder how it will affect the US real estate market, but it’s a valid concern if you’re in the process of selling or buying a house, or simply thinking of doing either. While it’s impossible to predict exact impacts on the entire US real estate market, let alone local markets, it’s possible to speculate on a few broad p

Marketing 92

Marketing Construction New Construction Mortgages 92

RIS Media

MARCH 1, 2022

Buffini & Company and Colibri Real Estate have entered into an exclusive agreement to provide the real estate market with a holistic, end-to-end ecosystem of education, training and resources primarily focused on new and aspiring real estate agents. Both companies see the partnership as a pathway to help bridge the gap between passing the exam and building a business in the critical first stages of a real estate career.

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Agents Staging Industrial As-is 95

Brownstoner

MARCH 1, 2022

The Clark Street subway stop will reopen for full service in April -- which should help boost its mom and pop businesses, who have been suffering from the lack of foot traffic -- the MTA recently told the Brooklyn Heights Association. Nurturing local retail has been a focus of the… Read More > The post BHA Urges Action to Halt Climate Change, Reveals Clark Street Subway Stop Will Reopen in April appeared first on Brownstoner.

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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.

Agents

RIS Media

MARCH 1, 2022

Award-winning real estate broker Dorothy Botsoe will be opening the Hudson Valley’s first Weichert REALTORS® Signature Properties agency this March. The new locations service homebuyers and sellers in Westchester and Putnam counties, as well as the Bronx. Mount Kisco was Botsoe’s first choice for the office because of its central location and accessibility from major highways and the Metro-North commuter train station.

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Marketing Short sale Residential Sales 92

Brownstoner

MARCH 1, 2022

Petite but carefully designed, this one-bedroom has a mantel and other fine 19th century details as well as modern updates and built-ins. It's located in a bay-windowed space with 12-foot-high ceilings in the rear of the third floor of 115 8th Avenue in Park Slope. Now an 11-unit co-op, the… Read More > The post Compact Unit in Park Slope Chiclet Mansion With Basketweave Floors, Built-ins Asks $625K appeared first on Brownstoner.

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Design 91

Realty Biz

MARCH 1, 2022

First and foremost, congratulations on deciding to relocate to Canada. This is a significant decision, and you should not take it lightly. As important as it is to remember that while you took the first step on your own, you can find a Canadian immigration specialist to assist you in making your relocation to Canada go as smoothly as possible. Certain items in this section may require a significant amount of time to organize.

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Land Banks As-is Technology 86

Brownstoner

MARCH 1, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Midwood, Park Slope, Cobble Hill and Flatbush. How did they fare? In a 1930s building in Flatbush, this apartment has a fair amount of space and the practical layout expected from a… Read More > The post Brooklyn Real Estate Six Months Later: One Sold, One Off the Market, Two Still Available appeared first on Brownstoner.

Marketing 90

Marketing 90

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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.

Agents

The Mortgage Report

MARCH 1, 2022

Russia invaded Ukraine, bringing the atrocities of war alongside uncertainty to global financial markets. Will mortgage rates fall?

Mortgages 101

Mortgages Marketing 101

App Folio

MARCH 1, 2022

Choosing the right property management software for your business is no easy feat. Between weighing the pros and cons of.

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Property Management 105

Eye on Housing

MARCH 1, 2022

Per NAHB’s latest Home Building Geography Index (HBGI), through the second half of 2021, multifamily home building rebounded from quarterly declines that began at the outset of the pandemic. In the wake of the public health crisis, there was a pronounced return to higher density markets or geographies, particularly in apartment and other multifamily residential construction.

Marketing 84

Marketing Construction Residential 84

Real Trends

MARCH 1, 2022

While most employers value hard skills over soft skills, in an industry like real estate, soft skills play a critical role. Although real estate leaders should know the intricacies of project financing, specific building codes, and writing contracts, they wouldn’t get far without customer service. Real estate agents should polish their soft skills in communication, negotiation, and objection handling to become leaders in their industry.

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Land Development Agents Commercial 81

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.

Sales