Housing Wire
JUNE 3, 2021
The Federal Housing Finance Agency (FHFA) has extended forbearance options for multifamily properties through the end of September. The options to put off debt payments for federally-backed multifamily properties had been slated to expire at the end of June. The regulator also extended protections for tenants that property owners must adhere to in order to access forbearance.
Keeping Current Matters
JUNE 3, 2021
Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With mortgage rates in their favor and higher-priced home sales powering more moves across the country, sellers in today’s market are finding the space they need (and have always dreamed of) by purchasing a home in the upper end of the h
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Housing Wire
JUNE 3, 2021
Independent mortgage banks (IMB) and mortgage subsidiaries of chartered banks saw an average net profit of $3,361 on each loan they originated in the first quarter of 2021, down from a reported gain of $3,738 per loan in the fourth quarter of 2020, according to a new report from the Mortgage Bankers Association. The average pre-tax production profit was 124 basis points, down from an average net production profit of 137 bps in the fourth quarter of 2020, but up on a yearly basis from the 61 basi
Lighter Side of Real Estate
JUNE 3, 2021
Low inventory and high demand are causing unprecedented competition for homes across the country. And that competition is sending prices upward—and, often, well past the asking price. According to data outlined in a recent article from REALTOR® Magazine , 51 percent of homes are selling above asking price. That’s up from 26 percent a year ago—and the highest percent of homes selling above asking price on record.
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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.
Housing Wire
JUNE 3, 2021
Fickle mortgage rates rose once again last week, this time four basis points to an average of 2.99%, according to Thursday data from Freddie Mac ‘s PMMS. However, despite fluctuating sub-3% mortgage rates, borrowers are still competing in a supply strained and overheated market. “Home prices continue to accelerate while inventory remains low and new home construction cannot happen fast enough,” said Sam Khater, Freddie Mac’s chief economist.
Maximum Exposure Real Estate
JUNE 3, 2021
Home Inspection Preparation How to prepare for a home inspection is a thought that more sellers should consider. Unfortunately, many do not. One of the things that are quite common in most Real Estate transactions is a home inspection paid for by the buyer and performed by a licensed professional home inspector. Buyers will have […]. The post How to Prepare For a Home Inspection appeared first on Massachusetts Real Estate Exposure.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
JUNE 3, 2021
The median age of owner-occupied homes is 39 years, according to the latest data from the 2019 American Community Survey. Compared to a median age of 31 years in 2005, the U.S. owner-occupied housing stock is aging gradually. The residential construction continues to fall behind in the number of new homes built especially after the Great Recession. This aging housing.
Better Dwelling
JUNE 3, 2021
Greater Toronto real estate is showing signs of cooling, but buyers haven’t noticed. Toronto Regional Real Estate Board (TRREB) data shows home prices reached a new record high in May. It was accompanied by accelerating price growth, despite a decline in home sales. Home sales falling faster than new listings is typically followed by a […].
Realtor.com
JUNE 3, 2021
Getty Images Nobody wants to invest in a home only to realize later that it has about a million and one things wrong with it. And while no home purchase is ever a guaranteed good buy, there are certain, shall we say, clues as to when something might just be very, very wrong. We spoke with the pros to round up five of the most common #buildingfails that you should watch out for when buying your next home.
Brownstoner
JUNE 3, 2021
Alyssa Cole's latest book, "When No One Is Watching," is a thriller about racism and gentrification set in Brooklyn. Shifting back and forth from the point of view of a lifelong Black resident of a coveted brownstone block to that of a white newcomer, the story skillfully incorporates bits and… Read More > The post A Brooklyn Tale: Romance Author Alyssa Cole Sets a Thriller in Brooklyn appeared first on Brownstoner.
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.
Sotheby's International Real Estate
JUNE 3, 2021
From a historic French castle to homes in California, Nevada, and Mallorca, these are this month’s four featured notable properties for sale over $17 million. Us, France. Natalia Lemecheva, Paris Ouest Sotheby’s International Realty . In the heart of the regional natural park of French Véxin, you’ll find a magnificent neo-renaissance and neo-gothic castle protected as a Historical location since October 24th, 2002.
The American Genius for Real Estate
JUNE 3, 2021
(REAL ESTATE BROKERAGE) Dell is the latest to join a trending game of commercial real estate hot potato by selling off 35 acres of prime real estate in Round Rock to Switch. The post Is this the end of the Great American Commercial Office Building? appeared first on The American Genius Real Estate.
RIS Media
JUNE 3, 2021
If you’re thinking about changing up the color scheme of your home’s interior, there are a few places you’ll want to start to ensure you create exactly what you want. Whether you go for light, bright colors or want something a little more bold, you don’t have to stick to the traditional. Here are four ways to help you choose the perfect color scheme for your home. .
The Mortgage Report
JUNE 3, 2021
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. No cause to hang out the flags. But every little bit helps. So far this morning, it’s looking as […].
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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.
RIS Media
JUNE 3, 2021
If you are looking to lower the interest rates on your monthly mortgage payments, refinancing may be the answer. But, according to a recent study by Lending Tree, even though most mortgage refinances were approved at the start of 2021, many were denied. Those who could not get refinanced were declined for many of the same reasons, from a high debt-to-income ratio to poor or no credit history.
Lab Coat Agents
JUNE 3, 2021
Agents who know how to recognize, respond, and adapt to changing markets are the ones who last. With inventory and interest rates at an all-time low, you should be adjusting what you say on the phone to land appointments and take listings. Keep reading to discover X creative scripts to find and take listings in today’s crazy market! Script 1: Just Listed Pattern Disruptor.
RIS Media
JUNE 3, 2021
If you’re looking for a graduation present, Father’s Day gift or simply want a great deal on useful items, June is a great month to shop sales. Following the long Memorial Day weekend sales, this month kicks off savings on everything from outdoor essentials to tried and true wedding gifts. Here are the best items you should buy this month! . Tools and Hardware.
Waterfront Properties
JUNE 3, 2021
The River Center in Jupiter is continuing to add events to their calendar this Spring and Summer. Join the River Center this weekend for their Bloomin’ in the Garden program designed for kids. Bloomin’ in the Garden is an event for kids ages 3 years old to 6 years old includes story time around the River Center’s Fire Pit and an outdoor garden themed craft.
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.
RIS Media
JUNE 3, 2021
Whether you’re looking to save up for a vacation, pay off some of your outstanding debts or simply trying to build up your savings, a side job may be the answer. Finding the right side hustle, however, can be a job in itself. Of course, you want to find something you will enjoy in your off-hours, but more importantly, you need to choose something that can help kick-start your financial goals.
The Mortgage Report
JUNE 3, 2021
The Fannie Mae HomeReady loan helps low-income buyers get into a house with 3% down. Learn about HomeReady income limits, requirements, and interest rates.
RIS Media
JUNE 3, 2021
Whether you’re working with stripes, plaids or a floral pattern—or want to incorporate all three in one space—it takes a creative eye to make this bold design choice. Of course, there are certain colors and patterns that just don’t mix, but if by making smart choices and sticking to your color theory, you can create a trendy, unique and all around gorgeous space full of character and personality.
REM Online
JUNE 3, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Re/Max Holdings to acquire North America regions from Re/Max Integra. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Re/Max Holdings, Inc. of Denver today announced that Re/Max, LLC has entered into an agreement to acquire the North America regions of Re/Max Integra.
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
JUNE 3, 2021
Credit cards—the most common financial move that almost everyone has something to say about. From your parents and siblings to your coworkers and friends, mixed messages about the rules and risks of applying for and using credit cards have spread like wildfire. The problem is, with so much incorrect information floating around, more and more people are unsure of whether or not to get one, and once they do, how to properly utilize it.
Realtor.com
JUNE 3, 2021
V E Anderson/WireImage After reportedly breaking up with her fiancé, the Yankees legend Alex Rodriguez , the international superstar Jennifer Lopez is apparently coupling up with an old flame, Ben Affleck. The diva dated the two-time Oscar-winner back in 2002, and they even had plans to marry the following year. The wedding was called off, however, and we were left with faded memories of “Gigli.” Until now.
RIS Media
JUNE 3, 2021
There are only so many hours that a real estate agent can work in a given week, thus working smarter is in his or her best interest to optimize efficiency and productivity. From leveraging CRM software to taking some time on the weekend to plan the next work week, there are few ways that agents can set themselves up for success and added productivity.
Mandrona Group
JUNE 3, 2021
In 2021, the real estate industry is a lot different than it was just five years ago. With new technologies. Read More. Content provided by: John L. Scott Ballard | Madrona Group.
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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.
RIS Media
JUNE 3, 2021
Rocket Companies, Inc., recently announced that vice chairman and CEO Jay Farner will participate in a fireside chat as part of the Bank of America Securities 2021 Global Technology Conference. The conversation will begin at 10:45 a.m. EST on Thurs., June 10, 2021. A live audio webcast of the event will be available online at ir.rocketcompanies.com.
REM Online
JUNE 3, 2021
The following content may have been republished here without the author's permission. The original post can be found at the following URL: Teranet makes strategic investment in R-LABS Partnership. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Teranet is making a strategic investment in the R-LABS Canada Limited Partnership, a partnership of corporations working to deliver innovation in the real estate industry.
RIS Media
JUNE 3, 2021
If it has been a while since you last opened the ACESocial Instagram App on your phone you might be asked to enter a new login code. Follow these steps to generate a new login code so that you can open the ACESocial Instagram App on your phone. Have your phone nearby. Login to your ACEsocial account with your computer. Go to the Settings area in the left menu and click the Instagram tile.
Realtor.com
JUNE 3, 2021
John Goci A Michigan megamansion made of marble is now available for a buyer in search of the perfect party palace. “It’s the ultimate entertaining home,” says the listing agent, John Goci. Part of the reason why? A simple abundance of space. “It’s 27,000 square feet, with an amazing balcony. The basement is 10,000 square feet and can hold 300 people.
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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