Keeping Current Matters
JANUARY 6, 2022
When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments.
Housing Wire
JANUARY 6, 2022
A federal law mandates that Fannie Mae and Freddie Mac help households on moderate, low, or very low income. The government-sponsored enterprises must do this by setting a plan every three years, dubbed Duty to Serve, that provides lending liquidity and preservation goals for manufactured, rural, and affordable housing. But according to the Federal Housing Finance Agency , which has oversight power over Fannie and Freddie, the GSE’s must go back to the drawing board when it comes to their
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Realtor.com
JANUARY 6, 2022
Realtor.com / Getty Images Today’s highly competitive housing market looks quite different from how it did before COVID-19 struck. Over the past two years, as the pandemic raged, the number of homes for sale plunged by over 57%, leading prices to skyrocket 25% from December 2019 to December 2021, according to a recent Realtor.com® report. Last month, the number of home listings dropped 26.8% compared with the same time a year earlier.
Housing Wire
JANUARY 6, 2022
The average 30-year fixed rate mortgage increased to 3.22% during the week ending Jan. 6, up from 3.11% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed rate mortgage averaged 2.65%. The 15-year fixed rate mortgage averaged 2.43% last week, up from 2.33% the week prior. A year ago at this time, it averaged 2.16%.
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Better Dwelling
JANUARY 6, 2022
Canadian real estate has been the ideal tax shelter, but that might change soon. Generation Squeeze, a Vancouver-led non-profit advocating for Millennials, released its Solutions Lab report. The CMHC-funded (but independent) study has four suggestions for improving housing affordability. Today we’re going to dive into its most controversial proposal stirring debate — a progressive tax […].
Housing Wire
JANUARY 6, 2022
This article is part of our HousingWire 2022 forecast series. After the series wraps early next year, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JANUARY 6, 2022
Technology solutions provider Covius announced Tuesday that it is integrating the Stavvy platform into its loss mitigation and loan modification solutions. Covius said that it will use the Stavvy platform to offer RON and eSignature capabilities for all loss mitigation products, regardless of recording requirements. In November 2021, Ginnie Mae announced that it was formally approving the use of eSign and RON on loan modifications, which has made RON capabilities a priority for Ginnie Mae servic
Realtor.com
JANUARY 6, 2022
Realtor.com A luggage cart on the third floor of an Orlando -area vacation home hides a compelling secret. “When you arrive on the top floor of this property, there’s a railway train tunnel,” explains the listing agent, Penny Stokes-Hilton with Top Villas Realty LLC. When you push the luggage cart to one side, she says, a secret door pivots open and leads through into the hidden section of the house that contains a life-size replica of the Hogwarts Express train from “Harry Potter,”
Housing Wire
JANUARY 6, 2022
Rocket Companies announced this week that its CEO Jay Farner has stepped away from his role as Rocket Mortgage CEO, to assume the role of CEO of Rocket Central , the mortgage company’s fintech platform. Farner assumed his new role Jan. 1, according to a press release from the Detroit-based company, and will retain his role as CEO of Rocket Companies, the parent company of both Rocket Mortgage and Rocket Central.
Realty Biz
JANUARY 6, 2022
With a variety of cabinet door materials, you can choose among numerous options to meet your particular requirements. Regardless of the material used, essential care and maintenance are crucial to maintaining the beauty and efficiency of your cabinet materials. As an industry leader in producing premium quality kitchen cabinets Toronto , Cozy Home DIY has curated a list of ways to offer the best care to your cabinets.
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.
Better Dwelling
JANUARY 6, 2022
Canada’s central bank used lumber prices to dismiss inflation, but it’s doing the opposite. In October, the Bank of Canada (BoC) used lumber to back its transitory inflation narrative. Short-term supply chain issues are the problem, not monetary policy, they explained. Excess demand fueled by easy money has since been acknowledged as the culprit by […].
Realty Biz
JANUARY 6, 2022
Welcome to the new year– although to many it’s best described by the acronym “SSDD.” Based on conversations with brokers, it does feel like the movie “Groundhog Day” in which the main character, Bill Murray, finds himself reliving the same day over and over. The real estate industry seems like it’s reliving past days; the last couple years have been a wild ride and it’s going to carry well into 2022. .
RIS Media
JANUARY 6, 2022
United® Real Estate announced it has merged with Houston-based Texas United Realty , adding 750 agents to its roster. Together, the two now comprise one of the largest independently-owned brokerages in Houston, according to the company. Both United Real Estate and Texas United Realty share common cultures of full-service brokerage support, agent training, career development and flat-fee compensation models.
Realty Biz
JANUARY 6, 2022
Spring represents a time of renewal, which is probably the reason why it’s famous for spring cleaning. Spring cleaning is not only limited to family but it’s the time when businesses also make it their mission to clean their offices and buildings to maintain hygiene. One of the most overlooked yet crucial aspects of commercial cleaning is cleaning coils in your commercial HVAC.
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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.
Easy Agent Pro
JANUARY 6, 2022
If you’re running your real estate business intelligently you’re bound to get to a point where you can no longer handle everything by yourself. At this point, most agents decide to delegate the administrative tasks and consider hiring an assistant to take them on. . Good move, too, because with an assistant to take over these tasks, the real estate agent becomes more productive, generates additional business and thus, makes more money. .
BubbleInfo
JANUARY 6, 2022
Why do buyers offer $100,000-$200,000 over the list price? The sellers and listing agents aren’t demanding it. The home isn’t priced $100,000-$200,000 under value. Half the homes are selling for list price or under. There will be others for sale. There isn’t a threat of transparency either – every listing agent (besides me) does blind […].
Realty Biz
JANUARY 6, 2022
Outdated office buildings and those that were under construction only to be halted during the pandemic are being given a new lease of life, with developers rushing to transform them into apartments. With the surge in demand for homes across the U.S., underused office buildings are tempting targets for developers who can transform them into living spaces.
RIS Media
JANUARY 6, 2022
Despite home prices that have continued to skyrocket and interest rates creeping up, owning a median-priced house remains more affordable than renting in a slim majority of U.S. counties, according to a new report from ATTOM Data Solutions —though in most large metros renting is cheaper. In 58% of counties, the monthly cost of owning a home takes up a smaller percentage of an individual’s wages compared to monthly rental costs, the report found.
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.
Fancy Pants Homes
JANUARY 6, 2022
Bilbo Baggins’ hobbit house was more than just a movie set You’ll find it Matamata, New Zealand , where a 12-acre movie set that goes by the name of Hobbiton is a real-life version of the Shire Hobbiton was created by Peter Jackson for the first Lord of the Rings movie The same hobbit house was used to shoot scenes for The Hobbit Hobbiton is now a tourist destination and mecca for LOTR fans, drawing over 1.5 million visitors since first opening.
RIS Media
JANUARY 6, 2022
A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian and TransUnion together reported relief in response to less than 2% of covered complaints, down from nearly 25% of covered complaints in 2019.
Point2Homes
JANUARY 6, 2022
Image: vipman / Shutterstock.com. The self storage industry has helped many people during challenging times, including anyone who needed to move or create a home office. While rents vary between regions, it can always provide homeowners with a cost-effective way to store a wide variety of items, giving them more space at home. In addition, their chances of finding a unit near where they live are now better than ever.
The Mortgage Report
JANUARY 6, 2022
Everything you need to know as a Washington first-time home buyer, from home prices and mortgage options to home buyer assistance.
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.
REM Online
JANUARY 6, 2022
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Etobicoke Realtor Nancie McLeod delivers Soup with a Smile. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. “During the holiday season, as it gets colder and darker outside, it can be a particularly lonely time for many, especially seniors who live alone,” says Nancie McLeod,
RIS Media
JANUARY 6, 2022
As a real estate agent, your career path and business growth require more than just dedication and the will to succeed. Your business needs focus, goal setting and a yearly business plan that’s fueled by resources, tools, inspiration, education and support. If the new year has you reevaluating your business and setting your sights on new achievements, consider partnering with a brokerage that can help magnify your expertise and business skills.
Brownstoner
JANUARY 6, 2022
Their images are synonymous with 19th century America and the men behind the evocative lithographs were both laid to rest in an iconic landscape of the time, Green-Wood Cemetery. Currier & Ives, founded in 1834 by Nathaniel Currier and expanded in 1857 to include partner James Merritt Ives, produced millions… Read More > The post Soak Up the Visual Delights of Currier & Ives With a Virtual Green-Wood Cemetery Exhibit Tour appeared first on Brownstoner.
RIS Media
JANUARY 6, 2022
Lower back pain is an issue that plagues many adults. It can make day to day activities uncomfortable and at times, unbearable. It is often a result of poor posture, weakness or tightness elsewhere. While it is always best advised to see a medical professional, these exercises can also serve to lessen and prevent the pain from affecting your day to day life. .
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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.
Realtor.com
JANUARY 6, 2022
Getty Images A new year means you likely have at least one or more resolutions you’d like to keep—like dropping those COVID-19 pounds or learning to speak Italian before booking that bucket-list trip to Rome. Or maybe you’re thinking it’s high time to finally get your home looking as fabulous as you’d always hoped. If this last one sounds like you, we’re here to help!
The Mortgage Report
JANUARY 6, 2022
Today’s mortgage and refinance rates Average mortgage rates just inched lower yesterday. The fall was welcome, despite being tiny, after six business days of rises. Unfortunately, the good news may […].
Realtor.com
JANUARY 6, 2022
Hilary Farr After 18 seasons of “Love It or List It,” designer Hilary Farr has branched out with her own solo show, “Tough Love With Hilary Farr.” And true to its name, this series tackles the hard cases where homeowners are stuck in a home that’s driving them nuts. On “Love It or List It,” Farr’s co-host, David Visentin , could always offer an escape hatch in the form of new properties their clients could buy.
Tom Ferry
JANUARY 6, 2022
It’s a new year full of new opportunities. I’m excited. Are you? With strong market conditions projected throughout the year, I see no reason why you can’t make 2022 your absolute best year ever. But it’s not going to happen by accident. You’ve got to make it happen and give yourself every possible advantage. That’s […]. The post 4 Simple Hacks to Achieve MORE of Your Goals in 2022 appeared first on Tom Ferry.
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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