Fri.Jul 01, 2022

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After 50 bps fee backlash, FHFA will review capital rule

Housing Wire

The Fed eral Housing Finance Agency (FHFA) will review the enterprise regulatory capital framework in the “near term,” officials said — after getting an earful from industry players since unveiling a new securities fee. For now, however, the new 50 basis point fee charged on securities backed by one enterprise and later secured by the other, is here to stay.

Investor 475
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Real Estate Consistently Voted Best Investment [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable and secure asset that can grow in value over time. If you’re ready to buy a home and invest in your future, reach out to a local real estate advisor.

Marketing 257
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Announcing the 2022 Marketing Leaders!

Housing Wire

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. On the heels of a global COVID -19 pandemic that keeps rearing its head, the housing economy is now faced with rising rates and dismal inventory. Tasked with an endless list of functions, this year’s 2022 Marketing Leaders did it all despite market turmoil.

Marketing 397
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Private Residential Spending Inches Up in May

Eye on Housing

NAHB analysis of the Census Construction Spending data shows that private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $938.2 billion in May. It was 0.2% up over the upwardly revised April estimates of $935.9 billion. On a year-over-year basis, total private construction spending was 19% higher. These monthly gains are largely attributed to the growth.

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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Banks report rise in mortgage delinquencies

Housing Wire

Banks reported an increase in foreclosures during the first quarter of 2022, according to a quarterly survey published by the Office of the Comptroller of Currency this week. The survey , which examined servicing metrics provided by seven undisclosed national banks, found that 19,542 new foreclosures were initiated in the first quarter of 2022. The OCC said this marks a jump from the previous quarter, but added the foreclosure volume in the first quarter is comparable to pre-COVID-19 pandemic fo

Banks 397
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Mortgage and refinance rates today, July 1, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates ended June by falling significantly. It was far from that month’s biggest daily change. But we’re now a long way from 6% […].

Mortgages 116

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6 questions to determine if you are exhausted and feeling burnout

The American Genius for Real Estate

(EDITORIAL) Six questions can determine your feelings of workplace stress and burnout, and knowing is the first step to curing the problem. The post 6 questions to determine if you are exhausted and feeling burnout appeared first on The American Genius Real Estate.

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Ex-employees sue FGMC for discrimination, retaliation

Housing Wire

Three former employees are suing First Guaranty Mortgage Corporation (FGMC) and financial backer Pacific Investment Management Company (PIMCO), alleging they were discriminated against on the basis of their gender and then retaliated against for complaining. . Lynley VanSingel, Melanie Meyer, and Jessie Palmer filed the lawsuit against FGMC and PIMCO in the Eastern District of Texas U.S.

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A Closer Look at Machine Gun Kelly’s house in Los Angeles, Bought from Youtuber Logan Paul

Fancy Pants Homes

Congratulations are in order for Colson Baker, better known as Machine Gun Kelly, who has been cruising through major milestones in 2022. After his engagement to actress Megan Fox earlier this year, Kelly shelled out $7.5 million to buy an Encino mansion formerly owned by YouTube star Logan Paul. The 32-year-old musician has chosen the perfect place to make his first LA home purchase.

Design 110
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Luxury Real Estate Headlines: Final Week of June 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Dubai, United Arab Emirates | Leigh Williamson , LUXHABITAT Sotheby’s International Realty. This duplex penthouse with sweeping views of the Dubai skyline and another two levels of outdoor amenities on the roof is atop the 34-story Volante tower on the banks of the Dubai Water Canal.

Banks 108
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Soak in Some Music on the Scenic Grounds of Lyndhurst With the Return of Sunset Jazz

Brownstoner

Grab a picnic, head to Tarrytown and spread out on the Bowling Alley Lawn of the great gothic mansion Lyndhurst for the return of the annual Sunset Jazz series. Kicking off on July 7 and running through August 25, the series offers eight Thursday evening concerts presented by Jazz Forum… Read More > The post Soak in Some Music on the Scenic Grounds of Lyndhurst With the Return of Sunset Jazz appeared first on Brownstoner.

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Happy Canada Day!

Toronto Realty Blog

TorontoRealtyBlog. The post Happy Canada Day! appeared first on Toronto Realty Blog.

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Real Estate Divorce Leads: How to 2x Your GCI in This Lucrative Niche

The Close

There are a lot of ways to approach real estate divorce leads the wrong way. And that’s the last thing you want to do as an agent. Couples who find themselves going through a divorce have a lot on their minds. Splitting assets can result in long negotiations, sleepless nights, and uncertainty about the future. That’s why coming across as predatory or opportunistic is distasteful (and will always hurt your brand in the long run).

Design 105
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Sellers adjust to a new reality as asking prices fall

Real Trends

Asking prices for newly listed homes are beginning to drop, according to a new report from Redfin. During the four-week period that ended on June 26, the median home sales price rose 13.6% year-over-year to $399,249. The median asking price of newly listed homes was up 14.7% from a year prior, to $405,547. Still, the median asking price was down 1.5% from a month prior.

Mortgages 104
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

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With Cuts to Public School Budget Coming, Parents and Teachers Fear Impact on Students

Brownstoner

New York City schools are out for the summer, but the coming school year is already looming large in the minds of students, parents and teachers. On June 10, the city reached a deal with the City Council on the fiscal year 2023 budget that will cut $215 million from… Read More > The post With Cuts to Public School Budget Coming, Parents and Teachers Fear Impact on Students appeared first on Brownstoner.

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Lakeland FL Real Estate Market Outpacing Most Florida Metros

Realty Biz

The Lakeland FL Real Estate Market recorded the 3rd highest YOY increase in median home price out of all US Metros in 2021. Lakeland’s 1-year median price growth of +29.29% was only exceeded by nearby Tampa (+29.69%) and Las Vegas (+37.67%). While it’s no secret that people are flocking to the Sunshine State in droves, it’s interesting to see that a relatively smaller Florida metro is recording some of the biggest housing market growth nationally.

Marketing 101
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Daily Links: Judge Greenlights Gowanus Rezoning, Says City’s Environmental Review Was Fine

Brownstoner

In the News NYC Pools Open Amid a Swim Lesson Shortage, Raising Safety Fears [NYT] Art, Darling, at the Brooklyn Museum and Beyond [NYT] Amy Schumer to Buy Legendary Brooklyn Heights ‘Moonstruck’ House [NYP] Carroll Gardens' Buddy Scotto Remembered at Street Naming [Eagle] Bed Stuy Filmmaker Debuts ‘Mockumentary’ on Tokenism [BK Reader] Brownsville Complex Offers Housing… Read More > The post Daily Links: Judge Greenlights Gowanus Rezoning, Says City’s Environmental Review Was Fi

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Charleston Housing Market: Prices | Trends | Forecasts 2022

Marco Santarelli

Introduction To Charleston SC Real Estate Market. If you are looking at buying a house in Charleston, SC as a potential investment opportunity, you must read till the end. Charleston is home to over a hundred and thirty thousand people. However, the Charleston housing market is significantly larger than this. The broader metropolitan area contains around seven hundred thousand people.

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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

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Spacious Ditmas Park Railroad With Brackets, Built-ins, Beaux-Arts Charm Asks $2,100

Brownstoner

This unusual apartment has many charming original details and windows on three sides. Located at 396 Westminster Road in Ditmas Park West, a semi-detached shingled house with a porch, the ground-floor unit is quite spacious with six rooms, but a railroad floor plan limits its flexibility. When the house was… Read More > The post Spacious Ditmas Park Railroad With Brackets, Built-ins, Beaux-Arts Charm Asks $2,100 appeared first on Brownstoner.

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The Squeeze on Buyer-Agents

BubbleInfo

We are witnessing the demise of buyer-agents. The squeeze is coming from several directions, and all are rooted in the fact that there isn’t enough business to go around. Thankfully, half of the realtors are of retirement age, and will drift away naturally. The pending class-action lawsuits will likely de-couple the commissions, and sellers won’t […].

Agents 98
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The Complete Guide to Rental Property Loans

Mashvisor

While the home buying market gets most of the attention and coverage from the media and economists, the single-family residential (SFR) rental property market is a booming $4.

Loans 94
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Coldwell Banker Real Estate CMO David Marine Recognized as a 2022 HousingWire Marketing Leader

Coldwell Banker

The award recognizes leaders strengthening their brands and building their organizations’ reputations each and every day. The post Coldwell Banker Real Estate CMO David Marine Recognized as a 2022 HousingWire Marketing Leader appeared first on Coldwell Banker Blue Matter.

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The Broker Action Plan for the Post-NAR Lawsuit Landscape

Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

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Frazzled but focused: A day in the life of a real estate agent

Real Trends

“In the last year, in 2022, there has just been extra layers of emotion. I guess that is the way to say it. It is just a lot of emotional management.”. Stephanie LoVerde is speaking on the front steps of a home in the Chicago suburb of Lincolnwood that she is about to put on the market. LoVerde is a real estate agent for Baird & Warner , which is a Chicago-based brokerage founded in 1855.

Agents 92
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7 Real Estate Reality T.V. Myths Affecting Your Business

Agent Fire

This is how real estate agents can understand and combat real estate reality T.V. myths. 7 Real Estate Reality T.V. Myths Affecting Your Business is just one of many great real estate strategies on The Spark.

Agents 90
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Compass Appoints Dawanna Williams, Founder and Managing Principal of Dabar Development Partners, to Board of Directors

Realty Biz

Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. “We’re very excited to welcome Dawanna to Compass’ board of directors,” said Robert Reffkin, Founder, Chairman, and CEO of Compass.

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Will Housing Inventory Increase in 2022?

Mashvisor

In the past few years, the housing inventory saw some of its biggest shortages, shaping the entire housing market across the US. But is it recovering in 2022?

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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How a Guarantor Can Help You Secure an Apartment: Everything You Need to Know 

Redfin

Whether you’ve been renting for years or you’re a first-time renter , having a lease guarantor lined up can help you secure your next apartment rental, especially in a competitive rental market like New York City. Not everyone needs a lease guarantor. If you have strong credit and can prove you have consistent income, most landlords and property managers will view you as a tenant they can rely on and will have difficulty turning you down for tenancy.

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Is This the Worst-Designed Room in ‘Battle on the Beach’ History? Plus, Noteworthy Homes on TV

Realtor.com

HBO Max / Peacock / Jessica McGowan/Getty Images / Realtor.com. “ House Party” is the official Realtor.com® podcast about the overlapping worlds of home and pop culture, hosted by Rachel Stults and Natalie Way. Click the player above to hear our take on this week’s hot topics. This week, Natalie lets everyone in on the Netflix press junket she attended where she interviewed the reality TV stars of “Selling the OC,” “Dream Home Makeover,” and more.

Design 59
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7 Most Affordable Las Vegas Suburbs to Live In

Redfin

Las Vegas, Nevada , a desert paradise, has risen in popularity for those looking to move to the state. From the Las Vegas Strip, countless casinos, and nightlife to its Arts District, it shouldn’t come as a surprise nearly 675,000 people call this city home. As more people move here from other parts of the state or even across the country, it’s important to keep in mind that the median home sale price is $439,950 and the average rent for a 2-bedroom apartment in Las Vegas is $1,623.

Sales 63
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More Oceanfront

BubbleInfo

Let’s go from $23,500,000 in Leucadia to $2,333,000 – and be on the same ocean!

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.