Housing Wire
AUGUST 16, 2021
The volume of loans in forbearance fell 14 basis points, from 3.40% the prior week to 3.26% for the week ending August 8, per the latest Mortgage Bankers Association report, while new forbearance requests and calls to servicers increased. According to the trade association’s estimate, 1.6 million homeowners are in a forbearance plan. Forbearance numbers decreased across the board.
Keeping Current Matters
AUGUST 16, 2021
When you hear the phrase home price appreciation , what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential sale. But let’s look past the dollar signs and dive deeper into the concept. To truly understand home price appreciation, you need to know how it works and why it matters to you.
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Housing Wire
AUGUST 16, 2021
Offerpad CEO Brian Bair. Humans have yet to colonize Mars, but we apparently have created a profitable instant homebuying company. Offerpad, the six-year-old, Chandler, Arizona-based company, which has plans to go public later this year, reported $9.2 million in net income for the second quarter of 2021 after losing $16.6 million in the second quarter of last year.
Sotheby's International Real Estate
AUGUST 16, 2021
In fairy tales, castles play host to adventure, celebration, and romance, so it’s no wonder that castle living is a dream that carries over into real life. While modern castles are a rarity, the architectural style of these storied structures can still be found around the world for those who seek it—and turrets are just one of these magical elements.
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Housing Wire
AUGUST 16, 2021
United Wholesale Mortgage CEO Mat Ishbia has set the goal of topping arch-rival Rocket Mortgage by 2024. The second quarter earnings report shows he still has quite a bit of work ahead of him. The wholesale-only lender originated $59 billion in mortgages in the second quarter, generating $139 million in net income, UWM disclosed in its earnings report on Monday.
HomeLight
AUGUST 16, 2021
You’ll see the term as-is when shopping for a house, but what exactly does as-is mean? Does it mean you’re about to walk into a home where the roof is falling in, or one that is occupied by a rogue family of raccoons? It can — but as-is doesn’t necessarily mean a home is unlivable or unsafe. There are a few different types of as-is designations, and what as-is really means varies by designation.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
The American Genius for Real Estate
AUGUST 16, 2021
(EDITORIAL) Like most modern folks, I multi-task like a champ. But maybe that's not a good thing - this expert says it's a result of anxiety. The post It turns out that multi-tasking comes from anxiety + what to do about it appeared first on The American Genius Real Estate.
The Mortgage Report
AUGUST 16, 2021
You typically need a two-year job history to buy a house. But there are exceptions to that rule. Learn how to buy a house without a two-year job history.
Better Dwelling
AUGUST 16, 2021
Canadian home sales continue to cool, logging another month of declining volumes. Canadian Real Estate Association (CREA) data shows home sales fell in July 2021. It was the first annual decline seen in over a year. Despite the negative factors, it was still the second biggest July for home sales ever. Canadian Home Sales Fell […]. The post Canadian Home Sales Just Fell For The First Time In Over A Year appeared first on Better Dwelling.
Maximum Exposure Real Estate
AUGUST 16, 2021
What to Know About The Process of Hiring a Real Estate Appraiser What is a real estate appraiser, and what do they do? There are many reasons why you might need the services of a real estate appraiser when you own a home. Home appraisers are used when buying and selling homes when you’re refinancing […]. The post How and When to Hire a Real Estate Appraiser appeared first on Massachusetts Real Estate Exposure.
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.
GeekEstate
AUGUST 16, 2021
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Module.]. Module offers a range of factory-built modular houses that are optimized for infill development and offsite manufacturing. Factory-construction allows Module to offer more precise construction and a 25-40% quicker build time than traditional homes, and each home is built to the Zero Energy Ready Home standards set by the U.S.
Fancy Pants Homes
AUGUST 16, 2021
There’s something about Mark Cuban, the cool-and-casual, but-not-yet-evil billionaire, that really wins us over and it’s not his boyish charms. Maybe it’s that he’s the only judge on Shark Tank who can stand up to Kevin O’Leary, the Mr. (not-so) Wonderful. Or maybe it’s the passion with which he celebrates the wins and rues the losses of his NBA team, the Dallas Mavericks.
BubbleInfo
AUGUST 16, 2021
Susie filed this frenzy report on July 8th: I think Boise might have topped out but I’m waiting for September. Summers are usually slow here. But the last one put on the market here, a couple streets over in my Movado subdivision was listed for $949,900 (about 2,500sf). We thought it was listed too high. […].
Eye on Housing
AUGUST 16, 2021
Over the six months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 589,146. On a year-over-year (YoY) basis, this is a 35.9% increase over the June 2020 level of 433,484. Year-to-date ending in June, single-family permits increased in all four regions. The Northeast region reported the strongest increase of 39.6%, followed by the Midwest (+35.
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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.
HomeLight
AUGUST 16, 2021
Have you been dreaming about homeownership? Maybe you’re picturing yourself floating around in your backyard pool, or working from home in your beautifully lit corner office. Perhaps you’ve already picked out your kitschy wallpaper, or started browsing homes on all the big listing sites. You know, just in case! The pool and the wallpaper are a good jumping-off point, but if you haven’t asked yourself the big question (“what do I need to buy a house?
Realtor.com
AUGUST 16, 2021
Vegas Modern 001 sold in June for a record-breaking $25 million. After the sale, we toured the sleek and modern mansion to check out all its fabulous features. The post We Went Inside Las Vegas’ Most Expensive Mansion, Sold for $25M appeared first on Real Estate News & Insights | realtor.com®.
HomeLight
AUGUST 16, 2021
In the market for a “ real estate owned” property ? REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. Experienced REO buyers swear by this method of wealth-building through real estate.
RIS Media
AUGUST 16, 2021
Late last week, U.S. District Judge Dabney Friedrich refused Alabama landlords’ request to walk back the Centers for Disease Control and Prevention’s (CDC) eviction moratorium. Though she agreed the ban was illegal, Judge Friedrich said her “hands are tied” by an appellate decision made by the courts last spring. Plaintiffs could challenge the policy with the D.C.
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.
HomeLight
AUGUST 16, 2021
When you’re looking for a new home, the process can feel endless in even the most efficient, straightforward of circumstances. Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride.
Better Dwelling
AUGUST 16, 2021
Canadian immigration is starting to improve to pre-pandemic levels. Government of Canada (GoC) data shows permanent residents admitted made a big jump in Q2 2021. The increase was actually enough to push the quarter to pre-pandemic levels. Admissions are still relatively weak, but it’s a huge improvement from the end of last year. Especially in […].
RIS Media
AUGUST 16, 2021
Commercial and multifamily mortgage loan originations were 106% higher in the second quarter of 2021 compared to a year ago and increased 66% from the first quarter of 2021, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. “Borrowing and lending tied to commercial and multifamily properties rebounded in the second quarter,” said Jamie Woodwell, MBA’s vice president of Commercial Real Estate Res
Brownstoner
AUGUST 16, 2021
Construction appears to be wrapping on a new residential building that replaced two freestanding houses on a quickly transforming street in Flatbush. The building at 100 Lenox Road has topped out and nearly all the windows have been installed, but work was still under way on the ground floor when Brownstoner… Read More > The post Apartment Building Replacing Two Freestanding Homes in Flatbush Nearing Finish Line appeared first on Brownstoner.
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.
RIS Media
AUGUST 16, 2021
The Federal Housing Finance Agency (FHFA) recently released the results of the 2020 ?and 2021 annual stress tests Fannie Mae and Freddie Mac are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The Dodd-Frank Act, amended in 2019, requires certain financial institutions regulated by a federal financial regulatory agency (with more than $250 billion in assets) to conduct annual stress tests to determine whether they can absorb losses as
Brownstoner
AUGUST 16, 2021
Brush up on your local history while admiring streets chock full of architectural delights with a new walking tour of Flatbush. The Historic District Council, which included "Victorian Flatbush" as one of its Six to Celebrate in 2012, is hosting an in-person stroll through Prospect Park South and Ditmas Park as… Read More > The post Admire the Stately Homes of Flatbush With an in-Person Historic Districts Council Walking Tour appeared first on Brownstoner.
RIS Media
AUGUST 16, 2021
Better Homes and Gardens Real Estate LLC announced that Results Real Estate Inc., based in Redding, California, has affiliated with the BHGRE® brand. The company will now be known as Better Homes and Gardens Real Estate Results. The firm is led by broker/owner John Loveless, while operations leader Rich Howe oversees day-to-day operations of the company and serves a wide range of clients in Redding, Anderson, Cottonwood and Red Buff.
Brownstoner
AUGUST 16, 2021
In the News Landlords, Tenants Worry About Effects of Ruling on Eviction Moratorium [NYT] In Brooklyn Heights, an Interior Stylist Takes a Light Touch [NYT] Le French Tart Deli to Open in Brooklyn Heights [BHB] Giulia in Brooklyn Heights Closing This Week [BHB] The Surges and Declines in Brooklyn’s Census Numbers [The City] The Real Gossip… Read More > The post Daily Links: Tenants, Landlords Stress After Supreme Court Rules on Eviction Moratorium appeared first on Brownstoner.
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RIS Media
AUGUST 16, 2021
Building a real estate operation is all about relationships—and referrals. Getting good word-of-mouth is crucial. If you don’t give outstanding customer service , maybe your clients won’t complain to their friends and associates about it—but they won’t tell them how great you are to work with, either. Not getting talked about at all will be just as bad for your business as client complaints in the long run.
Realty Biz
AUGUST 16, 2021
Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Sammy in MA: Hi Brian, I’m thrilled that after eight months, I have an accepted offer on my first house. It’s been quite the adventure getting to this point.
RIS Media
AUGUST 16, 2021
NAR Spire is a groundbreaking new initiative designed and developed to provide aspiring professionals in underserved populations the chance to explore a real estate career. The program aims to spark interest in the industry among mentees from all backgrounds and offer expert guidance and access to career opportunities and generational wealth-building.
Brownstoner
AUGUST 16, 2021
One of a pair that is part of a rather spectacular stretch of Queen Anne houses in the Clinton Hill Historic District, this 1880s manse has been divided up into a four-family but still offers up some period details along with renovated kitchen and baths and off-street parking. Designed by Adam… Read More > The post Clinton Hill Queen Anne Manse With Mantels, Renovated Baths, Parking Asks $5.7 Million 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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