Housing Wire
APRIL 4, 2022
South Carolina-based Movement Mortgage laid off around 170 employees in March, another case of a top-25 mortgage lender paring back its workforce due to a more challenging origination landscape. . Pink slips are arriving to between 165 and 170 operational employees across the country, including professionals in the processing, underwriting and closing areas, multiple company sources told HousingWire. .
Keeping Current Matters
APRIL 4, 2022
Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes.
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Housing Wire
APRIL 4, 2022
How do you celebrate helping 50,000 community heroes buy or sell a home? Well, according to Ruth Johnson, CEO of Homes for Heroes , you honor the massive accomplishment by giving even more. As one of the largest networks in the real estate and mortgage industry, Homes for Heroes was built to give back to firefighters, EMS, law enforcement, military, healthcare professionals and teachers and provide an easier route for them to buy or sell a home.
The Mortgage Report
APRIL 4, 2022
Is 2022 a good time to buy a house? Will 2023 be better? Hear what a seasoned mortgage expert has to say on the subject.
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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.
Housing Wire
APRIL 4, 2022
As we usher in a new era of galvanized homebuyers who are well-researched before making a move, personalizing the shopping experience is imperative to breakthrough. Educate your outreach by keying into shopping behavior and you can empower your mortgage marketing in the new year. Market outlook. Although the rate of home price growth is slowing, appreciation remains robust.
Maximum Exposure Real Estate
APRIL 4, 2022
Many terms will be new to you when you enter the real estate market. A turn-key home might be one term you hear, but what does it mean? It is not uncommon for a buyer or seller to ask a real estate agent what does turnkey mean. Before you decide to invest your money into […]. The post What Does Turnkey Mean in Real Estate: Turn Key Housing Explained appeared first on Maximum Real Estate Exposure.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
The Close
APRIL 4, 2022
LinkedIn may be less flashy than other social media platforms, but it’s one of the most overlooked channels for real estate lead generation. LinkedIn is the ideal place show that you’re knowledgeable and relevant in a loud, crowded industry. Making LinkedIn work for you is really straightforward. We’ll show you how with a little time, a lot of consistency, and a clear objective, there is no better place to establish yourself as an industry expert.
Housing Wire
APRIL 4, 2022
SitusAMC on Monday announced the launch of its Warehouse Administration Services, “a comprehensive suite of technology-enabled turnkey services” that it says will help warehouse lenders reduce costs by as much as 30%, according to a company-issued news release. SitusAMC is a provider of “technology, strategic outsourcing, talent and advisory solutions to the commercial and residential real estate finance industries” but the Warehouse Administration Services launch is aimed at supporting mortgage
Brownstoner
APRIL 4, 2022
After a two-year pandemic hiatus, the celebration of community building and greening the borough is back with the Brooklyn Botanic Garden's Greenest Block in Brooklyn competition. A smaller, socially distance competition focused on window boxes was held last year but this summer marks the return of the block-wide competition, culminating in… Read More > The post Get Your Green Thumb Ready as the Greenest Block in Brooklyn Contest Returns appeared first on Brownstoner.
Housing Wire
APRIL 4, 2022
Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. Seattle-based Redfin previously announced its intention to acquire the lender, but CEO Glenn Kelman said the move is particularly timely as buyers face bidding wars and high home prices, saying, “it’s more important than ever for lend
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.
Eye on Housing
APRIL 4, 2022
Compared to a year ago, average hourly earnings for residential building workers continue to rise, as the construction labor market remains tight. According to the Bureau of Labor Statistics (BLS) report, average hourly earnings (AHE) for residential building workers were $28.66 in February 2022, increasing 6% from $27.01 a year ago. This was 16.7% higher than the manufacturing’s average hourly.
Housing Wire
APRIL 4, 2022
Text sign showing hand written words FHA Home loan. The spectacular and historic spike in interest rates will hurt most homebuyers, but one group is especially vulnerable: FHA borrowers. Over 80% percent of FHA purchasers are first-time homebuyers, and borrowers of color obtained over 40% of FHA loans last year, according to HUD. The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined.
App Folio
APRIL 4, 2022
In March, the U.S. Federal Reserve approved its first interest rate hike in more than three years, “an incremental salvo.
Housing Wire
APRIL 4, 2022
When it comes to top movers by sales volume percentage , Texas-based RE/MAX ONE has the No. 1 spot with a 214% increase year over year. Rounding out the top five are Keller Williams Elite Realty , Kentucky (208%), RE/MAX One Realty , Philadelphia (177%), Florida-based LoKation Real Estate (163%) and RE/MAX Results & RE/MAX Preferred Properties Inc., North Carolina (161%).
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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.
The Mortgage Report
APRIL 4, 2022
Today’s mortgage and refinance rates Average mortgage rates rose appreciably last Friday. That was a bad ending to what had been a very rate-friendly week until then. Early movements in […].
Brownstoner
APRIL 4, 2022
Council Member Lincoln Restler has announced a Community Cleanup Plan for his North Brooklyn nabes after sending out a district-wide survey on his constituents’ sanitation concerns. Nearly 300 residents of Restler’s District 33, which extends from Greenpoint to parts of Carroll Gardens and Gowanus, replied to the survey, checking off their… Read More > The post Fed Up With Litter, Rats, Locals Inspire Compost-Focused Cleanup Plan From Gowanus to Greenpoint appeared first on Brownstoner
Fancy Pants Homes
APRIL 4, 2022
Doja Cat has come a long way from making funny videos on YouTube. The singer, rapper and songwriter is enjoying her well-deserved success, and with hit after hit rising to the top of the Billboard charts, she is now estimated to be worth around $8 million. She’s now also a Grammy Award-winner, who just nabbed her first statue for best pop duo/group performance for Kiss Me More , a collab with fellow singer/songwriter SZA.
Toronto Realty Blog
APRIL 4, 2022
TorontoRealtyBlog. Check, check……is this thing on? I don’t know what to say, but it’s an honour to be here! When David asked us to “fill in” for him while he’s away, I first thought he was joking. I actually laughed out loud as the idea seemed absurd to me. Now, it probably doesn’t seem like a crazy idea to most people, after all, everyone deserves a vacation, and having a partner or colleague “cover’ for you while you’re away seems to be standard practice in most industries.
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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.
Brownstoner
APRIL 4, 2022
In the News A Brooklyn Playwright Makes the Scene in New York’s Living Rooms [NYT] Adams Announces Lawsuit Against Owner on 'Worst Landlord' Watchlist [Eagle] Bed Stuy School Helps Students in Shelters With Free Laundry [BK Reader] Caribbean Equality Project Continues Food Justice Campaign [Caribbean Life] For NYC, the Legacy of Redlining Is in… Read More > The post Daily Links: City Council Wants $3.1 Billion for Bus and Bike Lanes, Open Ped Space appeared first on Brownstoner.
RIS Media
APRIL 4, 2022
Inflation is at a 40-year high, new-home sales were down 7% in 2021, home prices are ballooning and interest rates are increasing monthly. As a result, many analysts believe we could see fewer homes sold in 2022. If that wasn’t enough, the National Association of REALTORS® grew its membership from 1.4 million to around 1.6 million last year, a 14% increase.
Brownstoner
APRIL 4, 2022
On a picturesque stretch of Remsen Street just a short saunter from the Brooklyn Heights Promenade, this brownstone is filled with classic Italianate interior details, albeit set in a rather quirky layout. The 25-foot-wide house at 35 Remsen Street hasn't been on the market since the 1940s. It's within the… Read More > The post Grand Brooklyn Heights Italianate With Eight Mantels, Pier Mirror, Woodwork Asks $10 Million appeared first on Brownstoner.
REM Online
APRIL 4, 2022
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Tasha Carriere and Julie Robert open Century 21 Integrity in Sudbury. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Tasha Carriere and Julie Robert recently opened Century 21 Integrity in Sudbury, Ont.
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BubbleInfo
APRIL 4, 2022
It is natural to have more closings during the last week of the month, and the dip in the pendings count wasn’t as bad this month as it was last month. This is where you will see the first signs of any concern on behalf of buyers about interest rates, etc. Everyone was talking about […].
REM Online
APRIL 4, 2022
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Realtors who bring their kids to work. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Sales rep Natalie Costello couldn’t always get childcare at a moment’s notice.
Realty Biz
APRIL 4, 2022
The U.S. housing market is all set to return to “normal”, as in, how it was prior to the pandemic, by the end of 2024, according to a panel of housing market experts surveyed by Zillow and Pulsenomics. In the most recent Zillow Home Price Expectations survey , Zillow noted that the declining supply of homes for sale has been a key driver of the recent explosion in U.S. home values, which have risen 32% in the past two years.
McKissock
APRIL 4, 2022
As of April 1, 2022, Fannie Mae now requires appraisers to measure single-family properties in accordance with ANSI Standard Z765-2021. The April 1 implementation date came and went, but appraisal course providers, Fannie Mae, and others are still being inundated with questions from appraisers who still have questions about the standards. In late March, Fannie Mae issued updated ANSI guidance for appraisers, in the form of a five-page downloadable PDF entitled “Standardized Property Measuring Gu
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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.
Real Trends
APRIL 4, 2022
ShowingTime has launched a new feature, allowing home buyers and sellers, as well as their real estate agents and brokers, to see real-time data on home tour availability on a property. The new feature is currently available in the Dallas, Houston, Denver and Atlanta markets, but will roll out nationally later this year. Agents and brokers will be able to include the feature on their websites through ShowingTime’s application programming interface.
Realty Biz
APRIL 4, 2022
Ribbon , the homeownership company, today announced its expansion to Virginia in partnership with Weichert Financial Services. Homebuyers in the Northern Virginia Area and Virginia Beach can now overcome barriers to homeownership by using “All Cash by Weichert Financial, powered by Ribbon” – waiving mortgage, appraisal, and home sale contingencies. For many, purchasing a home is an increasingly elusive part of the American dream.
BubbleInfo
APRIL 4, 2022
The mainstream media is taking their shots at explaining the current market. Here is the attempt by the NYT – link should be unlocked: Here’s a former realtor who says if it weren’t for the investors, we’d be back to normal: [link] Economists like to focus on demand, but as long as the supply is […].
Realty Biz
APRIL 4, 2022
There are a variety of reasons that landlords can find themselves in the small claims court system. Tenants can attempt to sue for various reasons, such as an injury occurring at a rental property, repair reimbursements, or filing an illegal eviction suit. Depending on the circumstances, it may be you who must file a small claims lawsuit in order to sue your tenants for damages of some kind.
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