Mon.May 16, 2022

article thumbnail

No-cost refinance: Two refi options with no closing costs

The Mortgage Report

A no-cost refinance is possible if you roll the closing costs into your loan or have the lender cover them in exchange for a higher rate.

article thumbnail

Forbearance rate drops below 1%, lowest level since June 2020

Housing Wire

Servicers’ forbearance portfolio volume dropped in April to a level below 1%, with fewer than half a million borrowers remaining with an active plan, according to the monthly Loan Monitoring Survey conducted by the Mortgage Bankers Association (MBA). That’s good news after the economic impacts of the Covid-19 pandemic hit borrowers hard, making it difficult for Americans to pay their mortgages.

Loans 417
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

Keeping Current Matters

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.

Marketing 229
article thumbnail

Polly teams up with mortgage insurance providers to streamline service

Housing Wire

Polly , a software-as-service mortgage technology firm that operates a loan-trading platform, integrated with six mortgage insurance providers to streamline the mortgage process for loan officers and mortgage lenders. . The San Francisco-based fintech will embed quoting capabilities of Arch MI , Enact , Essent , MGIC , National MI and Radian to Polly’s product and pricing engine to streamline the process of calculating, quoting and comparing mortgage insurance offerings across all providers, th

Mortgages 345
article thumbnail

3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

article thumbnail

Significant Sales: March 2022 Highlights

Sotheby's International Real Estate

From a US$26.9M sale in Newport Coast, California to a JPY ¥800m sale in Nagano, Japan, here are five of the most notable sales from March 2022 represented by the Sotheby’s International Realty® global network. Newport Coast, California. John Cain | Pacific Sotheby’s International Realty, $26,995,000. Pebble Beach, California. Canning Properties Group | Sotheby’s International Realty – Carmel Brokerage, $18,500,000.

Sales 120
article thumbnail

Is investor appetite for non-QM changing?

Housing Wire

In 2022’s changing market, non-QM has been a hot topic for many. HousingWire recently caught up with Steven Schwalb, managing partner of Angel Oak Lending, about the changes investor appetite has gone though for non-QM. HousingWire: What is the investor appetite for non-QM and how has that changed over the past few years? Steven Schwalb: The investor appetite continues to be strong even in today’s volatile market.

Investor 336

More Trending

article thumbnail

Wire fraud prevention fintech CertifID raises $12.5M in Series A funding

Housing Wire

CertifID , a fintech focused on preventing wire fraud in residential real estate transactions, announced Monday it received $12.5 million in a Series A funding round led by Arthur Ventures. The cash injection will be used by the Michigan-based company to build out its platform and to bolster staffing levels. Specifically, the funds will be used to launch a solution to help prevent fraud in mortgage payoffs and to hire additional talent to join the company’s fraud recovery services team, said Tyl

Title 328
article thumbnail

Inventory Watch

BubbleInfo

Everyone complained that we had no inventory… well, we have more now! But the 286 active listings today is still well under the 349 actives that we had last year at this time, and more listings should cause more sales. We’ll see if the slight pause in the market can be attributed to the usual graduation-season […].

Sales 105
article thumbnail

A guide to choosing the right non-QM lending partner

Housing Wire

The conditions in today’s market have pushed non-QM to the forefront. Borrowers need it more than ever to qualify for a home loan. Originators need it as a source of opportunity not found in another part of the mortgage sector. Non-QM is gaining speed in the market while agency is shrinking. Agency guidelines for condos are tighter deeming more non-warrantable.

Lending 323
article thumbnail

How to Get a Land Appraisal Near Me

Maximum Exposure Real Estate

A land appraisal is a process of assessing the value of land. This assessment can determine the amount of compensation a property owner will receive for their property. Like a property appraisal, a land appraiser will research the land and compare it to other similar land parcels sold in the general area. Land appraisals can […]. The post How to Get a Land Appraisal Near Me appeared first on Maximum Real Estate Exposure.

Land 100
article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

article thumbnail

Demand for adjustable-rate mortgages hits 14-year high

Realty Biz

Demand for mortgages is on the rise due to what analysts say is an increase in listings on the market and fear that interest rates will continue climbing higher. However, buyers are increasingly turning to adjustable-rate mortgages, or ARMs, as opposed to standard fixed-rate mortgages. ARMs have an advantage in that they offer lower initial rates for a period of several years.

article thumbnail

4 Tips to Instantly Improve Your Facebook Strategy

RIS Media

When it comes to the various social media channels you can choose to help improve your online reputation as a real estate agent , perhaps none is as critical as Facebook. So, just how do you go about creating a Facebook presence for your real estate brand? We’ve put together a few helpful ideas to get you started. Post videos of your listings. The number of Facebook posts that contain video are in the minority, but the platform greatly rewards them.

article thumbnail

Ask Brian: How Do I Decide If It Is Better To Buy A House Than To Rent?

Realty Biz

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Lee in IA: Hi Brian, I’m 29 years old and feel comfortable with my career path in government administration. Since college, I’ve rented an apartment.

article thumbnail

Wanda Gertin Named New CEO of Berkshire Hathaway HomeServices Ally Real Estate

RIS Media

Berkshire Hathaway HomeServices Ally Real Estate co-founders Adam Lytle and Leighton Allen have announced that Vice President of Marketing & Relocation Wanda Gertin has been promoted to CEO. Gertin brings more than 10 years of real estate experience to her new role, the company stated, and prior to joining Berkshire Hathaway HomeServices Ally Real Estate, she was the relocation director for CENTURY 21 Real Estate LLC for seven years.

article thumbnail

Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

article thumbnail

How to Target an Atypical Clientele as a Real Estate Agent

Realty Biz

Have you ever felt that you can’t take ads and commercials any longer? Imagine you turn on the TV to chill out after a long day’s work or simply wish to watch a video clip featuring your favorite rock band on YouTube. And then what happens? Uncalled ads keep on interrupting your entertainment. Day and night, at home or on our way to work, our senses and perception are bombarded by not-so-subtle advertisements, as being a real estate agent is difficult, and that’s why many people use servic

Agents 93
article thumbnail

First Quarter 2022 Commercial Real Estate Metro Market Reports

RIS Media

Florida held the top five hottest commercial real estate metro markets: Orlando, Miami, Palm Beach, Fort Lauderdale, and Fort Myers, according to NAR’s Commercial Real Estate Metro Market Conditions Index for the first quarter of 2022, released this week. Key highlights: Florida held the top five hottest commercial real estate metro markets: Orlando, Miami, Palm Beach, Fort Lauderdale, and Fort Myers.

article thumbnail

20+ Leads per Day from SEO? Learn a Raleigh Agent’s Blogging Blueprint

HomeLight

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. You might be a little crazy to think you can compete with Zillow and Realtor.com in Google’s search rankings. But when Ryan Fitzgerald got into real estate seven years ago, that’s exactly what he decided to do.

article thumbnail

BHGRE Announces Affiliation of Green Lake, Wisconsin Firm Special Properties

RIS Media

Better Homes and Gardens Real Estate LLC has announced the affiliation of Better Homes and Gardens Real Estate Special Properties. The firm is based in Green Lake, Wisconsin and its service area encompasses Green Lake, Ripon, Princeton, Berlin, Markesan, Montello, Oshkosh, Fond du Lac and Wautoma. The boutique brokerage is led by Jeff Shadick and Sarah Loberg, who became owners in 2018.

article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

article thumbnail

Better Homes and Gardens Real Estate® expands Wisconsin presence with the affiliation of Special Properties of Green Lake

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate Special Properties based in Green Lake, Wis., which expands the brand’s service area into South Central Wisconsin. The boutique brokerage is led by Jeff Shadick and Sarah Loberg, who became owners in 2018. Currently celebrating its 30 th anniversary, the firm was founded in 1992 by Lynn Grout, who soon hired Shadick to work with her for the next 16 years.

article thumbnail

WATCH: The Art and Science of Negotiation

RIS Media

Negotiation is table stakes for a successful real estate professional. Yet, not everyone has mastered this skill, regardless of experience level. This is why The National Association of REALTORS® (NAR) and professionals like Rob Nahigian work tirelessly to help agents and brokers sharpen their negotiation strategy and tactics. Better negotiation skills not only ensure a REALTOR® is getting the best deal for themselves and their brokerage, but also their clients.

article thumbnail

Semrush: The Top SEO Platform for Real Estate Agents

Realty Biz

SEO is one of the most important tools for real estate agents and brokers. It can help you improve your website’s visibility, attract more leads, and increase your sales. Semrush is the top SEO platform on the market, and it can help you to achieve all of these goals. Not so sure SEO is a worthwhile investment as a real estate agent? Think again. On the first page of searches, the first five organic results account for over 67% of all clicks.

Agents 89
article thumbnail

RealMLS Enhances Listing Service With Down Payment Resource

RIS Media

realMLS , serving 11,000 members in Northeast Florida, has announced that it has partnered with Down Payment Resource (DPR) to enhance its platform with DPR’s suite of real estate agent tools that help MLS customers connect homebuyers with homebuyer assistance programs. realMLS is a multiple listing service (MLS) serving Baker, Clay, Duval, Nassau, Putnam and St.

MLS 94
article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

article thumbnail

Housing Lottery Opens for Adjmi-Designed Apartments at Puccio Marble Yard in ‘Burg

Brownstoner

An affordable housing lottery has opened for six of the 20 apartments in the five-story brick development on the corner of Driggs and Metropolitan avenues, located at the former Puccio Marble yard sites. The building at 658 Driggs Avenue was designed by architect Morris Adjmi and developed by RedSky Capital, which… Read More > The post Housing Lottery Opens for Adjmi-Designed Apartments at Puccio Marble Yard in ‘Burg appeared first on Brownstoner.

Design 87
article thumbnail

Removing Photos From Zillow

BubbleInfo

Home buyers who value their privacy don’t like seeing their home’s photo gallery advertised on Zillow after the sale is completed. Zillow has made it easier to remove those photos! Here are the instructions: To add or remove photos on your home’s property page, you must claim ownership of your home’s property page and navigate […].

Sales 119
article thumbnail

Lush Fort Greene Row House With Four Wood Burning Fireplaces, Koi Pond Asks $4.85 Million

Brownstoner

With a richly colored interior, this row house in the Fort Greene Historic District embraces a bit of 19th century design aesthetic while also not ignoring modern amenities like a renovated kitchen and central air. Dating to circa 1859, the brick row house is one of stretch of transitional Greek Revival/Italianate… Read More > The post Lush Fort Greene Row House With Four Wood Burning Fireplaces, Koi Pond Asks $4.85 Million appeared first on Brownstoner.

article thumbnail

Mortgage and refinance rates today, May 16, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates moved higher last Friday, bringing an excellent week for them to a disappointing end. Indeed, Mortgage News Daily reckons it was the […].

article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

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.

article thumbnail

7 Keys to Promoting Your Instagram Real Estate Page

Realty Biz

Did you know that in 2021, there were over 200 million Instagram profiles for businesses? Many companies have found that Instagram is a successful tool to use for promoting their business and reaching out to potential and existing customers. Have you ever wondered how you can use your Instagram real estate page more effectively? Here are some tips for funneling business from the social media app to your real estate agents. 1.

Agents 81
article thumbnail

Daily Links: Immigrants Who Helped Catch Subway Shooter Want Help to Stay in the United States

Brownstoner

In the News Four Who Helped Catch Subway Attack Suspect Need Help Themselves [NYT] Officials Charge Unlivable Conditions at 'Burg NYCHA Complex [Eagle] Alleged Subway Shooter Frank James Pleads Not Guilty [BK Paper] Pasta Louise Opens Second Location in Park Slope [BK Paper] Tompkins Avenue Open Street Returns for Bed Stuy Block Party [BK Reader] As… Read More > The post Daily Links: Immigrants Who Helped Catch Subway Shooter Want Help to Stay in the United States appeared first on Bro

81
article thumbnail

Can Real Estate Help You Hedge Against Inflation?

RISMedia

By Brian Wallace 2022 has been seeing the cost of goods and services skyrocketing left and right. In fact, inflation is currently at its highest since 1982. Inflation is typically measured by comparing the current prices of goods and services to those before using the Consumer Price Index (CPI), and it appears that this inflation […]. The post Can Real Estate Help You Hedge Against Inflation?

article thumbnail

Prospect Park Alliance Revives Program to Keep Brooklyn’s Backyard Looking Clean

Brownstoner

Brooklyn’s most beloved park will enjoy some rejuvenation and revitalization this year as the Prospect Park Alliance launches the second year of its Re:New Prospect Park program. Launched last spring after a difficult year for New York City, Re:New Prospect Park is dedicated to maintaining and improving the park, plus bringing… Read More > The post Prospect Park Alliance Revives Program to Keep Brooklyn’s Backyard Looking Clean appeared first on Brownstoner.

As-is 77
article thumbnail

Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.