Housing Wire

MARCH 17, 2021

In concert with its ultimatum to brokers that they not use Rocket Pro TPO and Fairway Independent Mortgage , United Wholesale Mortgage on Wednesday officially released a new jumbo product. The Pontiac, Michigan-based wholesale lender , which discontinued jumbo products at the onset of the pandemic, is offering its mortgage broker partners a jumbo product that goes up to $2 million, with a loan-to-value ratio of up to 89.99%. “Prime Jumbo,” as it is dubbed, offers competitive rates, s

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Loans Banks Mortgages Lending 410

Realtor.com

MARCH 17, 2021

Getty Images Remember lazy Sunday afternoons when home buyers could leisurely hop from open house to open house, partaking of wine and cheese laid out to reel in more foot traffic—the more the merrier. Much can change in a year. On March 11, 2020, the World Health Organization declared COVID-19 a pandemic, triggering a wave of lockdowns that dramatically changed our lives in countless ways—including how we buy and sell homes.

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Housing Wire

MARCH 17, 2021

Mortgage applications dropped for the second straight week — falling 2.2%, according to the latest report from the Mortgage Bankers Association. The continued increase in mortgage rates is to blame, according to MBA’s Associate Vice President of Economic and Industry Forecasting Joel Kan. Rates have jumped north of 3% , with most recent reports showing it hovering around 3.5%.

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Fixed-rate mortgage Mortgages Loans Construction 410

Better Dwelling

MARCH 17, 2021

Canadian real estate sellers were scarce at the end of the year, but are now starting to show up. Canadian Real Estate Association (CREA) data shows new listings outpaced sales in February. The market is still undersupplied for the winter’s record sales activity. However, some of the steam is being let out, as sellers likely […]. The post Canadian Real Estate Inventory Surges As More Sellers Look To Cash In On Exuberance appeared first on Better Dwelling.

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Sales As-is Marketing 124

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Housing Wire

MARCH 17, 2021

Lovell Minnick Partners , a private equity firm that acquired ATTOM Data Solutions in 2019, announced Wednesday morning that it’s diving further in to the housing space with the acquisition of UniversalCIS. Lovell Minnick acquired a majority stake in the Philadelphia-based company, which itself has been acquiring companies of late , specializes in providing tech platforms that initialize credit data along with verifications of borrowers’ social security, asset, employment and income.

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Realtor.com

MARCH 17, 2021

vicnt / Getty Images One weekend last fall, I was checking out a real estate listing on realtor.com of a cute 19th-century house near a creek. But underneath this idyllic photo, I noticed two words in small, blue print, “Flood Factor,” followed by a number,10/10. Alarmed, I delved deeper, and learned that this property’s flood risk was as high as it gets.

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Banks Closing Agents Renovation 122

Realty Biz

MARCH 17, 2021

So-called cash-out refinances are surging in popularity, hitting heights that haven’t been seen in over a decade, since the Great Recession of the 2000s. Economists say they’re not concerned by the trend though, as the housing market is still going strong and home prices are rising. During the Great Recession, cash-out refis grew at a time when home prices were falling fast, the Wall Street Journal reported.

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Housing Wire

MARCH 17, 2021

Analytics behemoth Black Knight is back on the acquisitions hunt. The firm acquired a cloud-based loan origination system from NexSpring Financial in an effort to expand its broker product offerings. According to a news release, the platform will be rebranded and integrated into Black Knight’s Empower LOS so brokers can use both systems at the same time.

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Brokerage Lending Technology Loans 370

The Mortgage Report

MARCH 17, 2021

Today’s mortgage and refinance rates Average mortgage rates rose appreciably yesterday. That was ahead of today’s Federal Reserve news conference. Today’s? Yes, I muddled the days and that conference is […].

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Mortgages 113

Housing Wire

MARCH 17, 2021

HousingWire’s newest Marketing Leaders award recognizes marketing executives like David King , CMO of A&D Mortgage who have been leading their teams to pivot marketing strategies to adapt to client needs in recent months. “We recognized that explaining and marketing our unique value proposition had to be done more quickly and clearer than ever before,” King said.

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Marketing Branding Equity Mortgages 385

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

Fancy Pants Homes

MARCH 17, 2021

I have three spider plants outside my room. Ironically, spiders, the insects, make me squeamish. The three plants were bought back in September 2018 when our family moved to our new home. Unfortunately, my hobbies kept me so indulged that I found the spiders dead in January 2019. You can call me careless, and I won’t mind because that’s true. How come I let the plants die?

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As-is Renovation 111

The Mortgage Report

MARCH 17, 2021

Learn how to apply for an FHA loan and get approved. This guide covers the FHA loan application process, required documents, and guidelines to qualify.

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FHA loan Loans 113

Realty Biz

MARCH 17, 2021

Real estate agents are there to facilitate home purchases, whether you’re representing buyers or sellers. You aren’t just there to search the MLS. You’re there to guide people through the home buying process and help them find the right home. Here are a few ways real estate agents can aid homebuyers. . Create Lists of Deal Breakers Before You Go House Shopping.

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RIS Media

MARCH 17, 2021

Many people get into real estate full of enthusiasm, dreaming of driving luxury cars and living the high life. Then reality hits when your deal blows up, the home inspection results are terrible, and your clients are blaming you when something goes wrong in their house six months after settlement. If you’ve spent any time in real estate, you know this feeling.

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Inspection Agents Construction Development 102

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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.

Sales

BubbleInfo

MARCH 17, 2021

Hat tip to Ryan for his excellent job documenting the real estate frenzy underway in the Sacramento area: [link] Susie says the Boise market is on fire, Noodle said that every house in North Phoenix sells in 3-4 days, home prices in Austin are similar to what they are here (according to one buyer) and […].

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Marketing 99

Realtor.com

MARCH 17, 2021

Lynn Goldsmith/Corbis/VCG/Getty Eddie Murphy reprises his role as an absurdly wealthy African monarch in the recently released “Coming 2 America,” the sequel to the 1988 hit “Coming to America.”. In real life, he lives like royalty in Beverly Hills, CA. He’s bought and sold a princely array of Zamunda-worthy castles across the country. The wildly popular and talented actor is considered one of the greatest stand-up comedians ever.

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Commercial Renovation Land As-is 99

Point2Homes

MARCH 17, 2021

Image: Michael Dechev / Shutterstock.com. Buying a home is an exhilarating experience, but it’s far from easy! One of the trickiest issues to address early on is ‘how much mortgage can I afford?’ Without knowing your numbers, you run the risk of overspending and struggling to pay your mortgage payments in the future. With that in mind, let’s take a look at how you can figure out what you can take on.

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Mortgages Closing costs Loans Renovation 98

RIS Media

MARCH 17, 2021

The million-dollar question as a new luxury real estate professional is how to sell million-dollar homes. It feels like a paradox, doesn’t it? Most people believe that to sell million-dollar homes, you have to have already sold million-dollar homes , right? The answer is yes and no. While it certainly helps to already know how to work with luxury clients , it’s not a requirement to get your first luxury listing.

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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

Lab Coat Agents

MARCH 17, 2021

Artificial Intelligence is a hot topic right now as agents and brokers are starting to experience just how powerful this technology can be to their business. One of our most recent webinars with the LCA team talked through just how easy it is to incorporate AI into your lead conversion process with Chime and showcased the real results agents (just like you!

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Technology Agents Industrial As-is 98

RIS Media

MARCH 17, 2021

Frontline workers appear to be having a more challenging time finding homes during the pandemic than most, according to an Urban Land Institute (ULI) report. ULI’s Terwilliger Center for Housing recently released its 2021 Home Attainability Index , which analyzed more than 110 U.S. metro areas across 30 metrics of housing affordability and equity.

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Equity Land As-is Marketing 98

Realtor.com

MARCH 17, 2021

Marilyn Kay Photography A home with its own observatory for staring at the stars is now available in Asheville, NC. Built in 1926, the enormous home on Midland Drive also comes with a rich history. It’s only had four owners over the past century and is now available to a new stargazer for $5.87 million. The current owners purchased the house in 2002, and brought it into the 21st century.

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Renovation Agents As-is 96

RIS Media

MARCH 17, 2021

Dear Mayo Clinic: I have been working from home as a result of COVID-19. The adjustment has been difficult and created a lot of stress and strain on my mental and physical health. I find that I spend much of my time in front of the computer. I eat more often, and I barely go outside. A friend suggested I adopt a dog to lift my spirits and get me motivated to go outside.

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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

Agent Fire

MARCH 17, 2021

Convert your hard-earned website traffic into actual clients with these landing pages essential elements. Learn why they need to be included in your page and why. How To Create Landing Pages That Actually Convert is just one of many great real estate strategies on The Spark.

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Land 94

RIS Media

MARCH 17, 2021

ACEsocial – Tips for Engagement. Are you looking to boost engagement with your online audience, but not sure how? We’re here to help! As an ACEsocial user, you get exclusive, high-quality content automatically posted to your social media accounts every day. In addition to this taking a heap of work off of your plate, it also gives you back valuable time that you can dedicate to gaining and maintaining relationships—just be sure to use this time wisely!

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Agents 98

Realty Biz

MARCH 17, 2021

Investing in real estate offers a variety of options; you can buy real estate-related stocks, rent out properties, partake in crowdfunded deals, or flip houses. However, one option that’s always going to remain popular is commercial real estate (CRE). While generally high in risk, CRE also results in high reward and includes a vast range of property types that you might not have even known about.

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Commercial Hard money loan Loans Equity 92

RIS Media

MARCH 17, 2021

Gretchen Pearson. President and CEO. Berkshire Hathaway HomeServices Drysdale Properties. www.bhhsdrysdale.com. How did your past experience with partnerships lead you to forming a joint venture? Gretchen Pearson: In the past 35 years in this industry, I have found that partnerships are the best way to improve the customer experience. When the mortgage and real estate side work in sync, whether that’s through a marketing service agreement (MSA) or a joint venture (JV), we can create a repe

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Brokerage Agents Mortgages Industrial 97

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Agents

Brownstoner

MARCH 17, 2021

In the News How COVID Helped Ditmas Park Rediscover Its Restaurants [NYT] With Vaccine Does to Spare, Ocean Hill Pharmacist Hits the Road [NYT] Brooklyn Municipal Building Renamed After Ruth Bader Ginsburg [BP] Ample Hills Founders Return With New Prospect Heights Shop [Grub Street] In Brooklyn and Beyond, Many Students Struggle to Cope [Gothamist] How a… Read More > The post Daily Links: Ample Hills Duo Set to Return With New Ice Cream Shop ‘The Social’ in Prospect Heights

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Realty Biz

MARCH 17, 2021

Zillow said this week it’s planning to hire more than 2,000 employees nationwide in 2021, increasing its total workforce by approximately 40%. The company’s significant hiring goal was sparked by a year of impressive growth across the business and a historic year in the real estate industry, it said in a press release. The majority of the new or coming-soon roles in tech, mortgage and loans, product and software development and more are categorized as remote and hybrid positions, open to applica

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Development Loans Industrial Closing 91

Zolo

MARCH 17, 2021

Follow these 5 handy tips to keep bugs out of your basement. The post Ultimate guide on how to keep bugs out of your basement appeared first on Zolo.

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RIS Media

MARCH 17, 2021

Contests and Recognition are Proven Methods for Elevating and Retaining Agents. By the very nature of being commission-based, most real estate agents clearly understand the general benefits of working hard and making sales. That being said, agents still respond to additional incentives from management to increase their sales activity and production.

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Sales Agents As-is Closing 81

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