Mon.Aug 29, 2022

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Opinion: Taming inflation requires making housing affordability a national priority

Housing Wire

Inflation slowed more than expected in July , the result of a dip in gas and energy prices. But soaring housing costs continue to weigh heavily on family budgets. Rents and home purchase prices are up – 17% and 20% respectively – from last year. It seems as if every day there is yet another news story highlighting how so many families are suffering under crushing housing costs.

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A Trusted Real Estate Advisor Provides Expert Advice

Keeping Current Matters

If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market.

Marketing 248
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Rocket offers more voluntary buyouts

Housing Wire

Rocket Companies , the parent company of Rocket Mortgage , extended the second round of voluntary career transition offers to employees amid the company’s forecast of much lower origination volume in the third quarter. . “We recognize career growth options in certain areas of our business are limited right now, while the housing market normalizes following two years of unprecedented volume,” said Mike Malloy, chief administrative officer for Rocket Central.

Equity 448
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Buy Houses With Cash: Advantages and Disadvantages Explained

Maximum Exposure Real Estate

The Guide to Buy Houses With Cash Is buying a house with cash a good idea? If you have the money available to allow you to buy houses for cash, is it the best option? The answers to these questions may not be completely apparent. While it will make buying the home more straightforward, the […]. The post Buy Houses With Cash: Advantages and Disadvantages Explained appeared first on Maximum Real Estate Exposure.

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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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The strategy behind UWM’s multibillion dollar investment

Housing Wire

In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM the No. 1 lender in the country. Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. 2 lender, isn’t satisfied with second place, behind Rocket Mortgage. “I don’t have on my board my goal is to be the No. 2 overall lender, it’s to be No. 1 and we’re going to do that,” Ishbia told HousingWire in 2021.

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Unlocking Property Potential with Home Renovations

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Plunk]. While real estate is an appreciating asset, homes often have untapped equity potential. Upgrading a home’s curb appeal, features, and systems while owning the home builds its value as much as paying off the mortgage–yet many homeowners don’t have the tools or knowledge to start.

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5 ways to increase your productivity in the morning

The American Genius for Real Estate

Productivity is king, but sometimes distractions and other issues slow you down. So what can you do to limit these factors?

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NYSE notifies Impac about risk of getting delisted

Housing Wire

California-based Impac Mortgage Holdings received a notice on Friday from the NYSE American LLC requiring a plan to adjust its stockholders’ equity level amid consecutive financial losses. Otherwise, the mortgage lender will be subject to delisting proceedings, according to a Securities and Exchange Commission (SEC) filing. . In the most challenging mortgage market in well over a decade, Impac stockholders’ equity reached approximately $3.5 million as of June 30, 2022.

Equity 418
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Student Housing Investment Edges Down in the Second Quarter of 2022

Eye on Housing

Private fixed investment in student dormitories declined 4.4% to a seasonally adjusted annual rate (SAAR) of $3.2 billion in the second quarter of 2021, according to the data released by Bureau of Economic Analysis. Private fixed investment in dorms was 12.7% higher than a year ago, but 29% below the pre-pandemic level. Private fixed investment in student housing experienced a.

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Better.com extends deadline to go public via SPAC

Housing Wire

Digital mortgage lender Better.com and blank-check firm Aurora Acquisition Corp. extended the deadline to conclude their merger agreement, but the companies have already started to discuss options in case the deal fails. In May 2021, Novator Capital -sponsored special purpose acquisition company Aurora announced plans to make Better.com public in the fourth quarter of 2021.

Finance 397
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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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Stucco and Vinyl were the Most Common Siding Materials on New Homes in 2021

Eye on Housing

According to the annual data from the Census Bureau’s Survey of Construction (SOC), stucco was the most common principal siding material on new single-family homes started in 2021 (28 percent), followed by vinyl siding (24 percent), fiber cement siding (such as Hardiplank or Hardiboard (23 percent) and, brick or brick veneer (19 percent). Far smaller shares of single-family homes started last year.

Principal 111
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Jury convicts San Francisco real estate investor for defrauding Quicken Loans

Housing Wire

A San Francisco real estate investor with political ties was found guilty of bank fraud and making false statements to Quicken Loans as part of a larger federal investigation targeting public corruption in the city. . A federal jury convicted Victor Makras, president of Makras Real Estate , for inflating a debt amount of $915,000 in a $1.3 million refinance mortgage loan secured by property owned by an associate of Makras Real Estate, according to the Department of Justice on Friday. .

Loans 305
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Food Network’s Valerie Bertinelli bids adieu to her lovely L.A. home

Fancy Pants Homes

From her humble beginnings on the hit sitcom One Day at a Time , Valerie Bertinelli has now become a household name thanks to her cooking show, Valerie’s Home Cooking , and her role as co-host of the network’s Kids Baking Championship. The award-winning actress, bestselling author , and chef has always been passionate about food and has maintained that entertaining family and friends brings her immense joy.

Design 111
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These 9 Programs Offer Free Home Repairs For Senior Citizens in Philadelphia

HomeLight

Aging homeowners in Philadelphia face some unique challenges. The costs to own a home can quickly add up — from homeowners insurance to property taxes and maintenance costs. In fact, Philadelphia homeowners have some of the highest repair costs in the country. Over 35% of households in Philadelphia need repairs each year , with an average repair cost of $1,685.

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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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Why I Should Consider a Short Sale

Realty Biz

More than 5.6 million homes were sold in the United States alone in 2020. Many more homes have been sold since then and some have even gone through short sales. But what is a short sale exactly, and how is it any different than a regular sale, bankruptcy, or foreclosure? How does a short sale affect you as a homeowner? Are there any benefits of short sales compared to other options?

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REACH program highlights partner businesses through Pitch Battle

The American Genius for Real Estate

NAR's REACH program is created to push growth through connecting businesses with the real estate industry and new innovations.

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What to Know Before Investing in Vacant Land

Realty Biz

Despite concerns about its sustainability , the real estate market is going through a boom. While the real estate market is focused chiefly on buying and selling built properties, investing in vacant land can also give you good returns. You can purchase vacant land to sell it for profit or to build your ideal house according to your taste. . Buying or selling a vacant land is a complex procedure that requires you to understand the market carefully.

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3 Key Ways Best Real Estate Agents Leave Their Comfort Zones

McKissock Real Estate

Some of the best real estate agents in the business today know how important it can be to go outside your comfort zone in order to keep — and retain — profitable clients. Getting stuck in a rut with the same strategies that only bring you moderate success isn’t the best way to earn more. Instead, challenge yourself to get comfortable with being awkward and taking chances.

Agents 98
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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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Ask Brian: New Agent Looking for First Clients

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 Christopher in IA: Hi Brian, I just passed the state exam, and now have my real estate license. The brokerage I’m working with is a new and small office with only three other agents.

Agents 100
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Monday Morning Quarterback: Mandatory Cooling Off Periods!

Toronto Realty Blog

TorontoRealtyBlog. Somebody asked me last week, “What’s this ‘Monday morning quarterback’ thing all about?” I guess I never stopped to consider that some readers aren’t familiar with the term, and thus don’t really ‘get’ these blog titles. Years ago, before the advent of Thursday night football, the inclusion of late-season and playoff games on Saturday, and off-site games in London and/or Mexico on random Tuesdays, all National Football Leag

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Inventory Watch

BubbleInfo

On August 8th, the number of pending listings was down to 151 (which was the lowest since early January), and it appeared that the market might shut down early this year. But today we’re back up to 175 pendings, and still have 449 active listings for buyers to consider. The number of actives should shrink […].

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What Is Domain Authority and Page Authority for Real Estate

Realty Biz

Considering there are over 1.5 billion websites worldwide, standing out from the crowd has never been more critical. If you’re a realtor, whether you’re buying or selling homes, you need to get your listings to the right audience. One common mistake real estate agents make is confusing the domain authority and page authority. But how can you learn the differences between the two, and how does it tie into SEO?

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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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Leverage Systems Every Solo Agent Needs to Know

Keller Williams

For solo agents, hitting a ceiling is a question of when, not if. Eventually, you simply can’t do more yourself to build your business, and that’s when it’s time to double down on one of the Three Ls of The Millionaire Real Estate Agent – leverage. “When we’re looking for leverage, we’re looking to buy back time, and we’re looking to grow,” says Jason Moon, a KW agent in Walnut Creek, California.

Agents 83
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Avoid These Common Errors When Installing Skylights

Realty Biz

Are you looking to brighten up your once dark home? Well, you’ve come to the right place. A well-designed and installed skylight can help add value to your home. Skylights are not only the perfect solution when looking to brighten up your home, but they are aesthetically appealing – enough to add some oomph and significantly improve your home’s value.

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How to Prospect Your Way to 15 Listings Every Month

HomeLight

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. When Monique Walker began in real estate almost 20 years ago, she started making her calls. And she hasn’t stopped since. This week on The Walkthrough , Monique shares the prospecting system that’s earning her team 15 listings every month.

Agents 81
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Is It Worth Renting an Apartment Near Campuses?

Realty Biz

Renting a fun apartment close to a college or university campus initially sounds exciting. Undoubtedly, many would jump at the excellent occasion without thinking. And for a good reason; everybody associates college years with wild parties and a culturally and artistically exciting period. Regardless of age, living close to campus is inspiring. And it certainly implies fulfilling one of the daring dreams of being “close to the action’ and part of an electrifying community.

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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.

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Significant Sales: July 2022 Highlights

Sotheby's International Real Estate

From a US $58M sale in Lyford Key, The Bahamas to a US $22.5M sale in Park City, Utah, here are July 2022’s five highlighted sales represented by the Sotheby’s International Realty® global network. Lyford Key, The Bahamas . George Damianos | Damianos Sotheby’s International Realty, US $58,000,000. New York, New York . Cathy Taub | Sotheby’s International Realty – East Side Manhattan Brokerage, US $22,500,000.

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The Better Homes and Gardens® Real Estate Brand announces Affiliation of Market leading Baton Rouge Independent Firm

Realty Biz

Better Homes and Gardens Real Estate LLC announced today the affiliation of Better Homes and Gardens Real Estate Tiger Town based in Baton Rouge, La., which expands the brand’s presence in the state. The firm is owned and operated by Shannon Andre-Dewey, who established Tiger Town Realty in 2007 after a highly successful career in real estate sales.

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Are Rental Properties for Sale in Texas a Good Investment for 2023?

Mashvisor

Give this article your undivided attention and find out whether rental properties for sale in Texas will be a successful investment in 2023.

Sales 68
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The Ultimate Room-by-Room Apartment Cleaning Checklist

Redfin

Cleaning an apartment can seem daunting, whether your doing it alone or with roommates. Where do you even start? What cleaning items do you need? How do you clean the bathtub or the kitchen sink? No need to fret. We’re here to help answer all of these questions and more. So, whether you’re moving out of a rental in Austin, moving into a new apartment in Sacramento , or your current apartment just needs a deep cleaning , we’ve prepared the ultimate apartment cleaning checklist to keep your

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.