Wed.Jun 02, 2021

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Fewer people are submitting mortgage applications

Housing Wire

Mortgage applications dropped for the second straight week , this time down 4% for the week ending May 28, 2021, according the Mortgage Bankers Association ‘s weekly mortgage applications survey. This week’s data was compared to mortgage applications from the week of Memorial Day in 2020. The overall housing index hit its lowest point since February, said Joel Kan, MBA’s associate vice president of economic and industry forecasting.

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What’s Motivating People To Move Right Now?

Keeping Current Matters

This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces. According to the 2020 Annual National Movers Study : “For customers who cited COVID-19 as an influence on their move in 2020, the top reasons associated with COVID-19 were concerns for personal and family hea

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High-end home sales still rising in California, Florida

Housing Wire

Home sales on properties labeled as “expensive” or “high-end” have skyrocketed in California’s Bay Area, Miami and Las Vegas in 2021, and overall purchases of high-end homes in the country jumped 26% year over year during the three months ending April 30, according to a recent study from Redfin. “Affordable” and “mid-priced” home purchases rose 17.8% and 14.8% year over year, respectively.

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Low Interest Rates Funnel Money To The Rich, Shows Central Bank Research

Better Dwelling

Low interest rates help to bring working and middle-class prosperity. Inequality will drop if only people could borrow more years of their income today. At least that’s the narrative society was sold on for the past 100 years. It turns out there’s no evidence to show that’s true. In fact, the evidence indicates it was […]. The post Low Interest Rates Funnel Money To The Rich, Shows Central Bank Research appeared first on Better Dwelling.

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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.

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Spruce snags $60 million in Series C round

Housing Wire

Real estate tech startup Spruce announced on Wednesday a Series C funding round of $60 million led by Zigg Capital and backed solely by repeat investors, including Bessemer Venture Partners and Scale Venture Partners. With the addition of its latest round, Spruce’s total funding is now at $110 million. Founded in 2016, Spruce is known most notably for its a platform intended to assist mortgage lenders, real estate investors and PropTech companies manage title and closing processes.

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Knight Barry Title continues Florida expansion

Housing Wire

Wisconsin-based Knight Barry Title acquired two additional businesses in Florida, running up its number of Sunshine State locations to 15. Knight Barry acquired Closing Boutique’ s two Orlando offices in Clermont and Mount Dora, Florida, as well as Home Title America in West Palm Beach. Sandy Lawson, who founded Closing Boutique in 2011, and her entire staff will remain with Knight Barry, the company said.

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115 Real Estate Infographics – Use To Ignite Your Content Marketing [Updated]

Jason Fox

115 Real Estate Infographics – Use To Ignite Your Content Marketing [Updated]. ".only 10% of people remember what they hear. Reading doesn't help the cause much, with only 20% of people remembering what they read. But 80% of people remember what they see and do."~ Anum Hussain - Hubspot What is harder to do: Raising one eyebrow, while licking your elbow, while twitching your.

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Mortgage tech firm Volly scoops up Home Captain

Housing Wire

Volly , a mortgage tech company that offers customer relationship management and point-of-sale services for lenders, announced Wednesday the acquisition of mortgage and real estate tech startup Home Captain for an undisclosed amount. According to a release from Volly, the acquisition of Home Captain’s technology will extend the company’s reach into the real estate realm.

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8 Pool Upgrades To Tackle Right Now If You Have 5 Minutes or an Entire Weekend

Realtor.com

Getty Images If you’re lucky enough to have a pool in your backyard, you don’t need us to tell you how great it is for summer—especially during this not-quite-postpandemic period. It can be the center of all your backyard gatherings, a never-ending source of entertainment for kids, a place to relax and unwind, and a tool for low-impact, cardio-boosting exercise.

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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.

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SimpleNexus founder drops CEO job to lead skunkworks project

Housing Wire

Real estate tech firm SImpleNexus announced Wednesday that founder Matt Hansen will be stepping down as CEO, with current president Cathleen Schreiner Gates replacing him. Hansen told HousingWire that he stepped down to lead a team of software developers and sales staff for upcoming research and development tactics within SimpleNexus. This new role will give him more time to focus on his passion for product and development, he said. “I love solving product problems, that’s what makes

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How to Get Ahead in a Hot Real Estate Market

RIS Media

The real estate market is hot. There’s no doubt about it. In fact, the chief economist for the National Association of REALTORS® (NAR), Lawrence Yun, noted in May that there were more NAR members than listings in the marketplace—an extremely rare event. Still, despite this inventory shortage, many agents have had their hands full between serving their clients and keeping up with their current transactions.

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Which social media platform saw the biggest spike during COVID?

The American Genius for Real Estate

(REAL ESTATE MARKETING) With out much else to do, people are spending more time on social media. Even spending a few extra minutes per day can add up for the companies. The post Which social media platform saw the biggest spike during COVID? appeared first on The American Genius Real Estate.

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Education and Technology Are Key to Navigating Extreme Real Estate Markets

RIS Media

Most markets are experiencing extreme inflation and home appreciation. Depending on where you live, your market is becoming more of a buying challenge due to low housing inventory and high demand. Buyers tell stories of making offers on 50 homes and still not “winning the bid.” Buyer agents sometimes even resort to songs and flower deliveries to appear more memorable and attractive to the seller.

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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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Ocean Art Painting Class in Rosemary Square – West Palm Beach

Waterfront Properties

Rosemary Square, in West Palm Beach, invites you to join community artist Sarah LaPierre on the plaza in front of Urban Outfitters. This is a family friendly ocean art class painting workshop celebrating World Oceans Day Proceeds will be donated to The Reef Institute, a West Palm Beach non-profit and coral research facility working as part of the Florida Coral Rescue Project.

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Biden Policies to Tackle Housing Market Discrimination

RIS Media

One-hundred years ago, an unfathomable hate crime occurred in Tulsa, Oklahoma, leading to the deaths of an estimated 300 Black Americans, while about 10K were left to fend for themselves on the streets. On the centennial of the Tulsa Race Massacre—a violent attack by a white supremacist mob against the Black community of Greenwood—the Biden-Harris Administration announced plans to “narrow the racial wealth gap and reinvest in communities that have been left behind by failed policies.”

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Cajun Crawfish and Music Festival This Saturday In Jupiter

Waterfront Properties

Downtown Abacoa is preparing to host the 3rd Annual Cajun Crawfish and Music Festival this weekend. The festival is happening this Saturday, June 5th and the event is free and open to the public. The Cajun Crawfish and Music Festival celebrates the culture and traditions of Louisiana through food, music, and dancing. The festival will feature authentic Cajun foods such as a crawfish boil, jambalaya, gumbo, po’boys, gator tails, classic Louisiana cocktails, and much more.

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Paint Prep, Explained: 4 Things You Absolutely Must Do Before Painting Your House

Realtor.com

Getty Images Deciding to have our house painted was a big decision, but once we made it, we couldn’t wait to see the final results. But wait we did. What we hadn’t anticipated was all the prep work that went into getting our house ready for painting. There was power washing to be done, windows to be caulked, vines to be removed, and a host of other tasks that took weeks to complete before we finally saw that oh-so-carefully chosen shade of white paint start to cover up the mustard yellow we’d li

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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.

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Self-Guided Beach Clean Up Every Saturday In June

Waterfront Properties

The Loggerhead Marinelife Center hosts a weekly Self-Guided Beach Clean Up on Saturday mornings for a chance for the public to help keep our beautiful beaches clean for us and the sea turtles. Now more than ever the center needs our help. Sea Turtle Nesting Season begins in early March and goes until the end of October. During the seven months span, the Loggerhead Marinelife Center staff monitor the 9.5 miles of beach between the northern Palm Beach County line and the John D MacArthur Beach Sta

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3 Luxury Real Estate Career Paths You May Not Have Thought Of

RIS Media

Luxury real estate success doesn’t always mean facilitating residential sales and helping clients find their dream home. In fact, variety is one of the biggest draws of pursuing a career in luxury real estate. Just like in the traditional real estate market, the luxury market still lends itself to a variety of real estate career paths. Are residential luxury real estate professionals more common?

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What Kind of Insurance Do Real Estate Brokers Need?

Agent Drive

As with any business, real estate comes with some risks. Being a real estate professional, your clients trust you to provide accurate information and always present the best options available. But even the most skilled real estate agent or broker can make mistakes and be subject to potential lawsuits and claims. Buyers or sellers can […]. The post What Kind of Insurance Do Real Estate Brokers Need?

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Are Unconditional Offers “Risky?”

Toronto Realty Blog

TorontoRealtyBlog. If only the world was perfect, right? If it was, I would have said “were perfect,” but I didn’t, because it’s not, and neither am I… Ask a hundred people to describe a “perfect world” and I’m sure you’ll receive a hundred different answers. What people may choose to focus on will differ, whether it’s health, equality, safety and security, or the Leafs being able to win a game-seven.

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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.

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Virginia Estate With Colonial Home Built in 1672 Is the Week’s Oldest Listing

Realtor.com

realtor.com Encompassing 33 acres in Norfolk, VA, this week’s oldest listing is an estate with lake views, a pool, a tennis court, and a main house built in 1672. While the tennis court doesn’t date from the 17th century, the house harkens back to when North America began to catch the attention of Europeans looking for a new life. And each of this week’s 10 oldest listings holds at least one magical surprise.

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11 million American renters at risk of eviction once moratorium ends

Realty Biz

As many as 11 million Americans could be at risk of eviction once a moratorium on landlords kicking people out of their homes expires at the end of the month. The Centers for Disease Control and Prevention’s eviction moratorium will end on June 30. It has been in place since last September, and is said to have saved thousands of people from losing their homes during the COVID-1 pandemic, CNBC reported.

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Top 10 Coldwell Banker Stories of the Month – May 2021

Coldwell Banker

Extra, extra! Read the top 10 news items that ran in May about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – May 2021 appeared first on Coldwell Banker Blue Matter.

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Bring Out the Bold With This Cruella-Inspired Home Decor!

Homes.com

Disney's latest movie puts bold, sophisticated style in the spotlight. Tap into your daring side with these 5 Cruella-inspired decor ideas! The post Bring Out the Bold With This Cruella-Inspired Home Decor! appeared first on Homes.com.

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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.