RIS Media

JANUARY 20, 2022

The Mortgage Bankers Association’s (MBA) new monthly Loan Monitoring Survey release this week revealed that the total number of loans now in forbearance decreased by 26 basis points from 1.67% of servicers’ portfolio volume in the prior month to 1.41% as of December 31, 2021. According to MBA’s estimate, 705,000 homeowners are in forbearance plans. The share of Fannie Mae and Freddie Mac loans in forbearance decreased 8 basis points to 0.68%.

Loans 105

Loans Mortgages Investor Industrial 105

Housing Wire

JANUARY 20, 2022

The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Most economists believe rates will continue to climb in the weeks and months ahead. “Mortgage rates moved up again as the 10-year U.S.

Fixed-rate mortgage 458

Fixed-rate mortgage Mortgages Lending Loans 458

Keeping Current Matters

JANUARY 20, 2022

One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy?

Marketing 300

Marketing 300

Housing Wire

JANUARY 20, 2022

In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to a report by the National Association of Realtors , published on Tuesday. NAR Research has tracked the number of homes viewed since 1987 and eight is the lowest number on record. Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful.

Technology 421

Technology Sales As-is Agents 421

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Better Dwelling

JANUARY 20, 2022

Canada’s central bank is preparing to raise rates, and everyone is trying to guess what this means. The BC Real Estate Association (BCREA) is the latest to forecast the impact of a rising overnight rate. If the Bank of Canada (BoC) hikes as expected, BC home sales will see a modest decline. Home sales are […]. The post Bank of Canada Raising Rates Can Drop Real Estate Sales Over 50%: BCREA appeared first on Better Dwelling.

Banks 144

Banks Sales As-is 144

Eye on Housing

JANUARY 20, 2022

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). However, supply has continued to lag due to ongoing supply-chain disruptions and inventory fell to lowest level since January 1999, keeping home prices elevated and pricing out first-time and young buyers.

Sales 131

Sales Mortgages 131

Sotheby's International Real Estate

JANUARY 20, 2022

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Ordino, The Principality of Andorra | Narcís Socías Tomàs, Andorra Sotheby’s International Realty . This brand new, magnificent property for sale in Ordino is in an exclusive residential area located in the middle of nature with breathtaking views.

Principal 131

Principal Residential Development Branding 131

Realtor.com

JANUARY 20, 2022

Getty Images So far, the start of 2022 has given us a heavy dose of deja vu. The COVID-19 pandemic continues to rage on. Mask mandates have returned. “Joe Millionaire” is back on TV. (We did a double take, too.). With everything seeming bleakly the same, it makes sense that you might want to make something in your life look different—even if the world outside continues to feel rote.

Design 128

Design New Construction As-is Construction 128

Better Dwelling

JANUARY 20, 2022

It might not seem like it, but Canadian real estate is in the middle of one of the most significant supply booms ever. Canada Mortgage and Housing Corporation (CMHC) data show 2021 housing starts made a big jump. More importantly, the surge of new home construction is beginning to reach the market. New home completions […]. The post Canada Saw The Most Homes Delivered Since The 1970s, Possibly Outpacing Households appeared first on Better Dwelling.

Construction 108

Construction Mortgages Marketing New Construction 108

Advertisement

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.

Development

Realty Biz

JANUARY 20, 2022

Companies are feeling under threat by the so-called “Great Resignation”, which has led to numerous employees leaving their workforce. Some have responded by offering workers big bonuses and higher pay to refrain from leaving. However, one Florida-based company has outdone them all by enticing employees to stay with the offer of a chance to win one of two homes it will pay for in full.

Mortgages 107

Mortgages Marketing 107

RIS Media

JANUARY 20, 2022

Weichert Real Estate Affiliates, Inc. was recognized as one of the top 500 franchises across the United States and Canada for the 18 th straight year by Entrepreneur magazine, as the outlet recently announced its 43 rd annual “Franchise 500®” ranking. The company showed significant advancement in its overall ranking, moving up 55 spots to No. 282 on this year’s list.

Branding 105

Branding Technology Industrial As-is 105

The Mortgage Report

JANUARY 20, 2022

Today’s mortgage and refinance rates Average mortgage rates fell modestly yesterday. Of course, such a small fall was barely noticeable after the sharp rises we’ve been seeing over the last […].

Mortgages 105

Mortgages 105

RIS Media

JANUARY 20, 2022

Steve Kloetsch. Co-Founder/CEO. Andy Kloetsch. Co-Founder/COO. RSVP Real Estate ERA Powered. Bellevue, Washington. www.rsvpre.com. Region served: Washington State. Years in real estate: Steve: 17; Andy: 23. Number of offices: 2. Number of agents: 400. Best advice for new agents: Communicate with your sphere of influence on a regular basis. Must-have technology tool for 2022: MoxiWorks.

Brokerage 105

Brokerage Agents Industrial Branding 105

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.

Industrial

Brownstoner

JANUARY 20, 2022

Activists rallied against the city’s plan to put a dog run as part of a larger park atop a site believed to have been part of the Underground Railroad in Downtown Brooklyn. The city has started building the long-delayed 1.15-acre greenspace known as Abolitionist Place on a lot at Willoughby… Read More > The post Activists Protest Plans for a Dog Run Next to Abolitionist Home in Downtown Brooklyn appeared first on Brownstoner.

105

105

RIS Media

JANUARY 20, 2022

The Institute’s Luxury Market Report is your guide to an analysis on the trends and comparative data on the top-residential markets throughout Canada and the United States. December’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend. This month, we take a moment to reflect on the changes that have occurred in consumers’ priorities over the past year.

Marketing 105

Marketing Residential Technology Industrial 105

BubbleInfo

JANUARY 20, 2022

One of the primary questions? How are the kids going to be able to buy a home? If prices just stay at this level, it will be near impossible for local kids to save the down payment and afford the monthly nut when starter homes are selling for around $1,200,000. Plus, there is the incentive […].

105

105

RIS Media

JANUARY 20, 2022

Homebuyers who successfully purchased a home last year only viewed a median of eight homes before purchasing. For some buyers who put down multiple contracts and repeatedly lost bidding wars, this may seem like very few, however for others who found limited housing inventory in their area, it may seem like a wide selection. Looking at the number of homes viewed historically provides a better perspective.

Technology 105

Technology Sales As-is Industrial 105

Advertisement

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.

Brokerage

The American Genius for Real Estate

JANUARY 20, 2022

(REAL ESTATE) Despite rising mortgage rates and tightening underwriting standards, home sales jumped annually at a rate not seen since before the crash. The post Home sales dip in December, yet saw the highest annual bump since 2006 appeared first on The American Genius Real Estate.

Sales 105

Sales Mortgages 105

Realty Biz

JANUARY 20, 2022

Boston’s real estate market is one of the fastest growing housing markets in the nation over the past decade. Median sales prices have consistently grown by near double-digit margins since 2015 thanks to a rapidly growing local population and a shortage of single-family homes. As a result, homes for sale in Boston tend to get snatched up quickly when they hit the market.

Days on market 105

Days on market Sales Residential Closing 105

Eye on Housing

JANUARY 20, 2022

The NAHB/Royal Building Products Remodeling Market Index (RMI) for the fourth quarter posted a reading of 83, up four points from the fourth quarter of 2020. The reading is a sign of positive residential remodeler sentiment for projects of all sizes. The RMI is based on a survey that asks remodelers to rate various aspects of the remodeling market “good,” “fair”.

Residential 99

Residential Marketing 99

Brownstoner

JANUARY 20, 2022

The most unusual aspect of this recent row-house renovation is what the homeowners and their architects, Dumbo-based Robinson + Grisaru, chose not to do. The clients, a pair of empty nesters who decided to stay put rather than downsize once their children were grown, did not blow out the back… Read More > The post The Insider: Prospect Heights Brownstone Retains Old-School Charm in Major Reno appeared first on Brownstoner.

Renovation 98

Renovation 98

Advertisement

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.

Agents

The Mortgage Report

JANUARY 20, 2022

Explore benefits of the FHA loan for first-time home buyers, including low down payments and flexible loan requirements.

FHA loan 98

FHA loan Loans Mortgages 98

RIS Media

JANUARY 20, 2022

As the consumer shopping season wound down in December, real estate demand remained high amidst staggeringly low inventory. Zillow’s latest market report showed housing inventory is down 40.5% versus December 2019—just a few months before the COVID-19 pandemic began. The low-inventory pressure is having a clear and direct impact on home prices, which are continuing to accelerate.

Sales 98

Sales Marketing As-is Industrial 98

Brownstoner

JANUARY 20, 2022

… Read More > The post appeared first on Brownstoner.

98

98

RIS Media

JANUARY 20, 2022

Mortgage rates continued their upward trajectory for the fourth straight week, rising to their highest level since the beginning of the pandemic, according to this week’s report from Freddie Mac. According to the agency’s Primary Mortgage Market Survey ® (PMMS), the 30-year fixed mortgage rate averaged 3.56% for the week ending Jan. 20, climbing another 0.7 points from a week ago.

Fixed-rate mortgage 98

Fixed-rate mortgage Mortgages Construction Marketing 98

Advertisement

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.

Agents

Brownstoner

JANUARY 20, 2022

In the News Surprise in $216 Billion Budget Plan: New York Is Awash in Money [NYT] Faith Ringgold Mural at Rikers Island to Move to Brooklyn Museum [NYT] Documentary Depicts Legendary Melody Lanes Bartender Peter Napolitano [BP]. Felice Opens at Former Giulia/Heights Cafe Site on Montague Street [BHB] Revisiting the Broadway Hostage Crisis of… Read More > The post Daily Links: With Staffing Levels Stabilizing, MTA Nears Return to Full Weekday Service Schedule appeared first on Brownsto

98

98

RIS Media

JANUARY 20, 2022

After seeing several months of gains, existing-home sales retracted in December by 7.1% to a seasonally adjusted annual rate of 6.18 million, with each of the four major U.S. regions seeing both a month-over-month and year-over-year decreases, according to the latest data from the National Association of REALTORS® (NAR). Despite the drop, overall sales for 2021 increased 8.5%, marking the highest annual level since 2006.

Sales 98

Sales Land Mortgages Closing 98

Waterfront Properties

JANUARY 20, 2022

The West Palm Beach Home Show is coming back in February. Retailers will be exhibiting a vast array of elements for ideas to improve, decorate, and renovate your home. Vendors will showcase items for indoors and outdoors. The home expo will showcase everything for In and around your home. At the Home Show be prepared to inspire, motivate, and excite you for your future home improvements.

Renovation 98

Renovation 98