BubbleInfo
JUNE 1, 2022
These people have been insisting for years that prices will be going down because of higher rates, foreclosures, forbearances, recession – you name it! Will fewer sales will cause higher or lower prices? The authors below say that lower sales volume will result in the ‘home price trend for the next couple of years will […].
Housing Wire
JUNE 1, 2022
Mortgage apps dropped 2.3% for the week ending May 27, decreasing to the lowest level since December 2018, as measured by the Mortgage Bankers Association ’s (MBA) Market Composite Index. “Mortgage rates fell for the fourth time in five weeks, as concerns of weaker economic growth and the recent stock market sell-off drove Treasury yields lower,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.
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Keeping Current Matters
JUNE 1, 2022
In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago.
Housing Wire
JUNE 1, 2022
2022 HousingWire Rising Star Morgan Salama, pictured above, is portrayed on the cover of the June HousingWire Magazine issue. Photo credit: Chris Plavidal. Strategy is the foundational element in building the future of the housing sector. And, if strategy is the foundation, we’d say that Morgan Salama is one of the key people building that foundation.
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GeekEstate
JUNE 1, 2022
There’s no denying that the COVID-19 pandemic changed the world as we know it, and while we’re certainly returning to some sense of normalcy, there are a few trends that emerged that are likely here to stay. In the property management industry, virtual property tours are one of tools that increased in popularity during the pandemic , and are likely to continue into the future.
Housing Wire
JUNE 1, 2022
From the White House and Congress to multiple federal agencies, one of the top concerns is housing affordability. Consumers are worried too. About half of U.S. adults (49%) say the availability of affordable housing is a major problem where they live, up 10 percentage points from 2018. The same 2021 Pew survey , 70% of Americans said young adults today have a harder time buying a home than their parents’ generation did.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 1, 2022
Tracey Velt Editorial Director, RealTrends, a HousingWire sister company. I’m sure you’ve all heard ad nauseam about the low housing inventory impacting the market. Despite that, the 2022 RealTrends top real estate brokerage firms did a record number of transaction sides in 2021 (our 2022 rankings are based on 2021 data). And, the top firms grew market share at record rates.
Coldwell Banker
JUNE 1, 2022
We all want to spend as much time as we can outside during the summer months. There’s nothing quite like a relaxing summer day in the backyard with friends, hosting a barbeque or enjoying an evening under the stars around the firepit. Summer is made for chilling and breathing in the fresh air and just […]. The post Make the Most of Your Outdoor Space appeared first on Coldwell Banker Blue Matter.
Housing Wire
JUNE 1, 2022
Between February 2020 and January 2022, we witnessed something in the mortgage industry that we thought we’d never see — 30-year fixed-rate mortgages under 3.5%. These rates drew a record number of people refinancing their homes, with cash-out refinances reaching $1.2 trillion in 2021. Then, in what felt like an instant, in Q1 2022 mortgage rates skyrocketed and the refi boom ended.
The Mortgage Report
JUNE 1, 2022
Today’s mortgage and refinance rates Average mortgage rates rose sharply yesterday. The increase wiped out all last week’s gains and left those rates where they were last Monday. Still, they […].
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.
Housing Wire
JUNE 1, 2022
United Wholesale Mortgage will pay $2.75 million to settle claims, dating as far back as 2018, contending it didn’t compensate its account executives for working overtime. Former and current UWM account executives eligible for a portion of the settlement must have worked at the wholesale lender between Oct. 12, 2018, and Dec. 23, 2021. An additional requirement: an executive must have had a total gross compensation of less than $100,000 annually before Jan. 1, 2020, or less than $107,432 annuall
HomeLight
JUNE 1, 2022
Having grown up in Alaska, the heat and humidity of Austin was a drastic change for homeowner Cory Larson. He’d moved south for work, but after the Covid-19 pandemic left him and his wife both working remotely, they realized there wasn’t anything tying them to Austin anymore. Well, there was one thing: their home. But thanks to the booming real estate market, luck was on their side.
Housing Wire
JUNE 1, 2022
A coalition of independent mortgage banks want the Federal Housing Administration (FHA) to take steps it says would significantly improve access to credit for underserved borrowers. The Community Home Lenders Association (CHLA), backed by 41 IMBs, sent a letter urging the FHA to streamline its servicing guidelines, increase permissible lender fees for executing an assumption of an FHA loan, and make changes to FHA’s condo rules.
Easy Agent Pro
JUNE 1, 2022
What are the best real estate website features you need to grow your business and connect with clients? The answer largely depends on your marketing style. Real estate websites have become a vital part of customer interfacing in recent years. However, many agents still use the basic site their broker provides. These sites often lack many features and the flexibility that agents need to build a successful online business.
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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.
Housing Wire
JUNE 1, 2022
Pewaukee, Wisconsin-based lender Waterstone Mortgage Corporation named Paul Garrigues as the company’s new chief financial officer. Garrigues will oversee all corporate accounting functions and provide financial direction for Waterstone Mortgage’s branches nationwide. The executive brings more than 40 years of accounting experience in the financial services, banking and mortgage industries.
Realty Biz
JUNE 1, 2022
According to a 2019 Facebook survey , 65% of new homebuyers say their friends’ homebuying posts on Facebook or Instagram influence their decisions. The statistic suggests that realtors not using these social media channels to grow their digital footprint are missing out. Social media made it challenging for entrepreneurs in all niches to compete and reach their target customers.
Housing Wire
JUNE 1, 2022
Brena Nath, Director of HW+ and Events. I’ve been a fan of the CliftonStrengths’s assessment for more than a decade, applying my own top strengths and learning the strengths of my teammates to see how we can operate with our talents in the workplace. While my top 5 have slightly shifted over the years, “strategic” has been one of my most consistent strengths, which is exactly why meeting 2022 Rising Star Morgan Salama felt so impactful.
Realty Biz
JUNE 1, 2022
Making the right choices when it comes to your career is vital, as your choices can affect everything from your financial situation to your job satisfaction levels, rewards, and your future. People have their own preferences when it comes to their careers, and one popular option is working in the real estate industry. This is an industry that offers a host of benefits for professionals such as real estate agents, and this is why a lot of people decide to go for this type of career.
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.
Toronto Realty Blog
JUNE 1, 2022
TorontoRealtyBlog. Have you heard? The Toronto rental market is on fire! It’s a funny thing, this rental market of ours. At times, it can be ice cold. Then at other times, the rental market can be so fierce it’s unfair. Case in point: did you ever think we’d see the day where there’s an “offer date” for a property listed for lease ?
Realty Biz
JUNE 1, 2022
As signs of a real estate market slowdown grow across the country, many sellers are resetting their home price expectations. Recent data suggests that both new home and existing home sales are falling, as well as pending home sales. The latter fell for the sixth consecutive month in April to its lowest pace in almost 10 years, according to a report from the National Association of Realtors last week.
Brownstoner
JUNE 1, 2022
In the same family for decades, this early 20th century Park Slope limestone has an abundance of well-maintained original details, windows on three sides and a prime location a short stroll from Prospect Park. Designed by prolific architect Axel Hedman, 607 5th Street brims with original mantels, wainscoting, fretwork, marble… Read More > The post Park Slope Limestone Near Prospect Park With Plasterwork, Mantels Asks $3.45 Million appeared first on Brownstoner.
Realty Biz
JUNE 1, 2022
People have multiple financial priorities in life. For some, it’s saving the down payment to buy a first home. Other times are saving college tuition for children, for their retirement, or untold other worthy financial goals. One that is often overlooked is the accelerated mortgage payoff. There are many ways of doing this and doing so can save you 20, 30, 40, 50, thousand dollars or more over the life of your mortgage.
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.
Eye on Housing
JUNE 1, 2022
NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 0.9% in April after an increase of 0.7% in March 2022. Spending stood at a seasonally adjusted annual rate of $891.5 billion. Total private residential construction spending was 18.4% higher than a year ago. These monthly gains are attributed to the strong growth of spending.
Real Trends
JUNE 1, 2022
Home showing traffic across the U.S. dropped off in April, according to ShowingTime’s Showing Index report released Tuesday. In April, home showing traffic was down 10.7% year over year and 12.1% month over month, with a nationwide average of 8.49 showings per listing. In total, 103 of the markets analyzed hit a double-digit ratio of showings per listing in April, down from 121 a month prior and 146 a year prior.
Brownstoner
JUNE 1, 2022
A group of elected officials are raising the alarm about potentially hazardous construction on a toxic brownfield cleanup site beside the Gowanus Canal. On Friday, May 19, Assembly Member Jo Anne Simon’s office started receiving phone calls about ongoing, unexpected pile driving at a privately owned parcel, a brownfield site at… Read More > The post Unexpected Pile Driving on Site Along Gowanus Canal Leaves Officials Scrambling for Answers appeared first on Brownstoner.
Sotheby's International Real Estate
JUNE 1, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ?. New Hope, Pennsylvania | Ali Jankowski, Kurfiss Sotheby’s International Realty. At its heart a simple log cabin built more than 300 years ago, this historical haven overlooking the Paunacussing Creek was expanded with stone and frame additions over the centuries to become a comfortable, character-filled residence.
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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.
The Mortgage Report
JUNE 1, 2022
Buying a cheap fixer-upper home can be a solution to low inventory and high prices. But how do you know a deal-breaker when you see it?
BubbleInfo
JUNE 1, 2022
This was the Private Exclusive off-market listing that hit our intra-office website late in the afternoon and literally the next day most of the top Compass agents and me rushed over there to check it out. Both buyer and seller take a gamble on price when transacting off-market. Since this was filmed, two sales on […].
The American Genius for Real Estate
JUNE 1, 2022
(MARKETING) Your fancy, self-animating website might be making people violently ill, even if it is insanely beautiful. Sorry. The post Your fancy-pants website is making people violently ill (literally) appeared first on The American Genius Real Estate.
Brownstoner
JUNE 1, 2022
In the News It’s Going to Be a Hot Summer. It Will Be Hotter If You’re Not Rich [NYT] For a Young Choreographer, Bed Stuy Is Home and a Stage [NYT] Want a Nutcracker or ‘Craft Cocktail’ in Prospect Park? He’s Your Guy [NYT] School for at-Risk Youth Puts Down Roots in Midwood [The… Read More > The post Daily Links: Neighbors of Bed Stuy Mansion Hope to Salvage Building Parts If Demo Proceeds appeared first on Brownstoner.
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.
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