Housing Wire

JUNE 21, 2021

Though the number of high-quality refi candidates grew from 12 to more than 14 million from March through May — a 15% increase — actual refinance rate locks dropped by 27% over the same period, according to recent data from Black Knight’s Originations Market Monitor. Month over month, overall rate lock volume was down 4.7% in May, with declines seen across purchase locks (-3.4%) as well as cash-out (-3.4%) and rate/term (-8.2%) refinance locks.

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Keeping Current Matters

JUNE 21, 2021

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand , a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re ready to make an offer. 1.

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Housing Wire

JUNE 21, 2021

The Securities and Exchange Commission announced last week a cybersecurity violation by title insurance giant First American Financial Corp. after the company learned of a breach that exposed customer social security numbers and sensitive financial information, yet failed to act. First American agreed to a cease-and-desist order and will pay a $487,616 penalty.

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Eye on Housing

JUNE 21, 2021

Last Thursday’s post reported on home buyer preferences for kitchen features, from NAHB’s recent study What Home Buyers Really Want, 2021 Edition. That study also asked the same panel of 3,247 recent and prospective home buyers to rate 18 bathroom features on the same four tier scale: Results show that bathrooms, especially the home’s primary bathroom, tend to be very.

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Agents

Housing Wire

JUNE 21, 2021

With mortgage lenders’ volume slowly redefining a new normal, they’re able to turn their focus to maintenance through training and retaining staff, enhancing technology and measuring employee productivity. That’s where The Mortgage Collaborative (TMC), the mortgage industry’s only independent cooperative, comes in. In this era of steady industry growth, TMC has matched its stride and added 22 new members and eight new partners since the beginning of this year.

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Sotheby's International Real Estate

JUNE 21, 2021

The past year has called for adaptation, and we’ve seen the ripple effects in how and where we do our fitness routines. The home gym or workout area is now just as ubiquitous as the home office, and for good reason. The ability to cater your workout space to your own fitness needs—whether your practice includes yoga, online bootcamps, or elliptical training—allows for a better work-life balance, leading to more flexibility in your day.

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As-is 135

Better Dwelling

JUNE 21, 2021

Canadian real estate markets are seeing a shift from peak activity earlier this year. Canadian Real Estate Association (CREA) data shows the sales to new listings ratio (SNLR) fell in May. This is the fourth consecutive month the ratio has fallen since reaching a peak in January. While the SNLR is still high, buyers are […]. The post Canadian Real Estate Markets Are Seeing A Big Shift, As Buyers Drop Faster Than Sellers appeared first on Better Dwelling.

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Afford Anything

JUNE 21, 2021

What did you learn from 2020? That question carries a lot of weight, doesn’t it? Collectively, all of us experienced an unprecedented year. In March 2020, the world changed overnight. Working from home became the norm. The market shot up and down and up again. Bitcoin skyrocketed. Housing prices held at jaw-dropping highs. Needless to say, our internal and external worlds experienced rapid shifts.

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Mandrona Group

JUNE 21, 2021

EDMONDS KIND OF 4TH OF JULY CELEBRATION IS BACK ON! My family has been attending parts of this event for… Continue Reading Edmonds 4th of July Celebration. Content provided by: John L. Scott Ballard | Madrona Group.

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BubbleInfo

JUNE 21, 2021

While these purchases will only be a sliver of the five million homes sold every year, they could add up over decades and help to keep the supply of homes for sale somewhat limited. New funding: Seattle startup Arrived Homes raised $10 million in equity and $27 million in debt financing to help scale its tech-infused real estate […].

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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

The American Genius for Real Estate

JUNE 21, 2021

(HOMEOWNERSHIP) Finding alternate energy sources that work hasn't been a clear path, but this Austin neighborhood is trying to break new ground with geothermal energy. The post Geothermal energy without a volcano: Austin’s intro to Green Energy Living appeared first on The American Genius Real Estate.

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BubbleInfo

JUNE 21, 2021

As the vacation season kicks in, the frenzy may become a little more manageable – only because there could be fewer buyers vying for each new listing. But the environment won’t change until we get a flood of inventory, which isn’t happening yet: NSDCC New Listings Between March 1st and May 31 Year Number of […].

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Toronto Realty Blog

JUNE 21, 2021

TorontoRealtyBlog. Which of these three doesn’t below with the other two: -Real estate prices are skyrocketing. -It’s becoming harder and harder to get into the market. -Home ownership rates have increased. Huh? How in the world could the third point be accurate if the first two are as well? In this market, I’m not surprised by a statistic all that often.

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Maximum Exposure Real Estate

JUNE 21, 2021

Everything You Need to Know About Closing on a House When you are preparing to close on a home, it can feel like you are near the end of the buying process. But when a house closing takes place, things don’t always go according to plan. Home closings can spring surprises on you that delay […]. The post The Process of Closing on a House: What to Know and Expect appeared first on Massachusetts Real Estate Exposure.

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Sales

RIS Media

JUNE 21, 2021

It can be difficult to get a read on a market that fluctuates wildly and often and is also prone to local shifts and trends. Homes.com set out to gauge buyer and seller sentiment, outlining trends and statistics in recently released survey results featuring 1,600 respondents from across the U.S. Is Inventory Incentivizing or Discouraging Consumers? Of course, a topic of interest is the housing market’s ongoing inventory shortage.

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HomeLight

JUNE 21, 2021

Buying a house is always an emotional cocktail of excitement and stress, but doubly so when it’s a new-construction home. Sure, you’ll be the first to move in, and everything will be fresh and unused — but this also means that no one has lived there long enough to discover the quirks and possible oversights that may have occurred during the long process of construction.

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Better Dwelling

JUNE 21, 2021

Canadian new home prices are on a tear, as high demand meets higher material costs. Statistics Canada (Stat Can) data shows new home prices advanced sharply in May. The annual rate of price growth is now at the highest level since 2006. That makes it one of the fastest annual rates of growth in history. […]. The post Canadian New Home Prices Are Rising At The Fastest Rate Since 2006 appeared first on Better Dwelling.

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As-is 104

The Mortgage Report

JUNE 21, 2021

Will rates drop again in 2021? Or will they keep going up? We asked 10 experts for their mortgage rate predictions. Here's what we found.

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Mortgages 115

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

JUNE 21, 2021

Above: The Lopez-Newton Team. For Tyler Lopez, graduating from the University of Arizona 10 years ago was a stepping stone to an uncertain future. But relatives in real estate—and friend of the family Rosey Koberlein, head of Tucson’s deep-rooted Long Realty, a Berkshire Hathaway affiliate—convinced him in 2011 to give the industry a try. “I made $100 in my first year,” Tyler Lopez confessed. “I was working odd jobs to support myself, but I was learning all the time, and

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The Mortgage Report

JUNE 21, 2021

Today’s mortgage and refinance rates Average mortgage rates just inched higher last Friday. It brought to an end a very bad week for those rates. Global markets have been volatile […].

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McKissock

JUNE 21, 2021

The world of buying or selling a home is not always joyful. Bad things happen. Contracts fall through. Inspections and appraisals come back with deal-breaking news. You need to drop the asking price. A buyer withdraws an offer. When those things happen, it will be up to you to deliver the bad news honestly and openly, without destroying your clients’ confidence in you or the whole process.

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Realtor.com

JUNE 21, 2021

Mimi Foster If honesty is the best medicine, it’s a cure that Mimi Foster , a Colorado listing agent, believes in. Take a peek at a piece of prose she crafted to sell a distressed home. If you dream of owning your own little slice of hell and turning it into a piece of heaven, then look no further! This house is not for the faint of heart but for that special person who can see through the rough diamond to the polished gem inside.

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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

JUNE 21, 2021

Maintain Focus and Peak Performance Without Sacrificing Everything Else. In busy times, it is challenging to know exactly how to juggle everything agent teams need to do. Current clients, prospective clients, administrative work and our personal lives all compete for our time, and teams everywhere wonder how to strike a manageable balance. The trick for most teams is to manage your time on purpose.

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Fancy Pants Homes

JUNE 21, 2021

For nearly a decade, six friends entertained us with their antics, jokes, and oh-so-relatable highs and lows. With each passing season, we fell more and more in love with these characters. At some point, they went from being just another TV show to becoming an intrinsic part of our lives. Whether it was Ross and Rachel’s “Will They or Won’t They” storyline, Monica’s endearing neurosis, Chandler’s sarcastic sense of humor, Phoebe’s quirks, or Joey’s charm, life was incomplete without them.

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RIS Media

JUNE 21, 2021

If you have never been the best at prospecting with cold calls or door knocking, or just feel like you have to chase your business down, there may be a better way to attract leads. Creating demand vs. chasing business is a big differentiator for successful agents. If you, as a real estate agent, don’t put time into marketing to create a brand, you’re missing out on countless opportunities.

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Brownstoner

JUNE 21, 2021

Editor’s note: This story is an update of one that ran in 2015. Read the original here. In the years after the Civil War, until the dawn of the 20th century, Brooklyn, as we know, experienced rapid growth. By the 1880s and ‘90s, real estate had become a huge business, and some… Read More > The post A Developer’s Novel Scheme for a Bit of Florida With English Cottage Style in Flatbush’s Coral Gardens appeared first on Brownstoner.

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Agents

Realtor.com

JUNE 21, 2021

Paul Harris/Getty Images The former Malibu, CA, retreat of Hollywood legend Jack Lemmon has come on the market for the first time in decades, Mansion Global reported. The two-time Oscar winner, who died in 2001, had owned the oceanfront getaway since he and his wife, the actress Felicia Farr , renovated it in the 1980s. Located on idyllic Broad Beach, the “completely custom home,” according to the listing, offers 38 feet of frontage on one of the “deepest, sandiest sections of beach in Malibu,”

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Brownstoner

JUNE 21, 2021

An affordable housing lottery has opened for 27 units in a seven-story building at 1056 Manhattan Avenue, between Eagle and Freeman Street in Greenpoint. As its name, the building uses the alternate address of 150 Eagle Street. Of the affordable apartments, there are two studios, 23 one-bedroom units and a… Read More > The post Affordable Housing Lottery Opens for 27 Units in Greenpoint, Starting at $1,208 a Month appeared first on Brownstoner.

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Marketing 90

App Folio

JUNE 21, 2021

The past year shaped the community association management industry like never before. From the dramatic shift to remote work to.

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Industrial 105

RISMedia

JUNE 21, 2021

By Kara Masterson If you have always wanted to live in a bigger home, then you may be wondering when the right time is for you to move. Bigger homes are more expensive and require more maintenance. However, you may be at a point in your life financially where you're ready for a bigger place. […]. The post Moving Up: How to Know When to Upgrade to a Bigger Home appeared first on RISMedia's Housecall.

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Industrial 119

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