Housing Wire

MARCH 3, 2022

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income. Amid a tough environment for forward mortgage lending, Finance of America is betting on specialty finance & services products – reverse mortgages, investor loans, commercial loans – which are expected to deliver most of the return this year.

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Finance Investor Mortgages Commercial 382

Keeping Current Matters

MARCH 3, 2022

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022.

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Marketing 231

Housing Wire

MARCH 3, 2022

The average 30-year-fixed rate mortgage declined to 3.76% for the week ending March 3, down from 3.89% in the previous week, amid the geopolitical tensions caused by Russia’s war in Ukraine, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 3.02%. The PMMS report is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.

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Fixed-rate mortgage Mortgages Technology Investor 370

Maximum Exposure Real Estate

MARCH 3, 2022

Homeowners Tax Deductions to Remember Do you know what is tax deductible when buying a house? Are you looking to find out the tax credits for homeowners? Tax season is an excellent time to be a homeowner. Unlike renters, you get to take advantage of some tax breaks geared towards homeowners – tax benefits that […]. The post Tax Deductions For Homeowners: Breaks and Benefits Explained appeared first on Maximum Real Estate Exposure.

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Agents

Housing Wire

MARCH 3, 2022

A growing chorus of mortgage servicers, consultants, and lobbyists support the idea of having forbearance programs as a permanent solution in the industry’s loss mitigation toolkit, rather than only a temporary relief for wide-scale events such as financial crises and pandemics. “Whether it is a natural disaster, a job loss, or an illness, forbearance is wildly effective,” John Lawrence, executive vice president of the Texas-based servicer Selene Finance , said last week during

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Principal Loans Lending Finance 369

Coldwell Banker

MARCH 3, 2022

Amidst lockdowns and times of uncertainty, many of us looked inward to our homes to provide calming and safe spaces, including our outdoor areas. That’s why, in today’s post, we’re going to be sharing tips on how to create a zen outdoor space, however you like to relax. The post 3 Simple Design Ideas for a Zen Outdoor Space appeared first on Coldwell Banker Blue Matter.

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Design 118

Sotheby's International Real Estate

MARCH 3, 2022

Playa Del Carmen, Mexico | Sara Plaga, Riviera Maya Sotheby’s International Realty. They say history is written by the victors. So it’s no surprise that today, women are the winners writing the story—or herstory — of the real estate industry. At a time when workplaces and workforces worldwide are still struggling to achieve equal representation and opportunity, real estate provides a powerful example of how an industry can thrive when both men and women get a seat at the table.

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Industrial 115

Housing Wire

MARCH 3, 2022

Despite the global turmoil sparked by Russia’s recent invasion of Ukraine and the volatility in interest rates that has followed, the mortgage servicing rights (MSR) market remains on track to record one of its most dynamic runs in decades, according to multiple market experts. That’s because even as mortgage rates have fluctuated in recent days, they remain well above mortgage rates in prior months — really years — when the bulk of the MSRs were booked.

Marketing 358

Marketing Fixed-rate mortgage Mortgages Loans 358

BubbleInfo

MARCH 3, 2022

It’s early, and the final February sales count will probably wind up around 165-170, which is in line with years prior to 2021. However, the pricing is nuts – and related to the number of homes for sale! Year February Listings # of Sales Median List Price Median Sales Price Median DOM 2017 395 172 […].

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Sales Marketing 105

Housing Wire

MARCH 3, 2022

The Department of Veterans Affairs is giving borrowers impacted by the pandemic an additional fifteen months to get loan payment relief. The new deadline for home retention options is now July 1, 2023, according to a circular published by the department on Monday. The options were initially set to expire April 1, 2022. The reason for the extension was not explained in the one-page circular.

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VA loan Pre-approval Principal Loans 357

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.

Loans

Real Trends

MARCH 3, 2022

In this seemingly never-ending inventory crisis , it’s tough on both sides of the transaction, whether you’re working to market property and manage the inevitable complicated journey to the contract, or you’re representing homebuyers in the quest to secure a deal It’s like the Hunger Games out there, and it can definitely seem like the odds are hardly ever in your favor. .

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Agents Due diligence Inspection Rent back 103

Housing Wire

MARCH 3, 2022

As all participants in the mortgage industry know, securitization is a critical tool for making loans to homeowners at affordable rates. The process of bundling loans and separating risks makes available fixed-rate mortgages that are fully prepayable at borrowing costs well below other forms of debt. To say that securitization is critical to American homeownership is, to say the least, a massive understatement.

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Bankruptcy Investor Fixed-rate mortgage Loans 347

RIS Media

MARCH 3, 2022

Springtime ushers in new life, greener grass, blooming flowers and homebuying excitement. And this year, it will also bring considerably higher listing prices according to Realtor.com®’s February Housing Report. Last month, median listing prices hit a record high of $392,000. What’s more, several of the nation’s 50 largest metros, including Las Vegas, Miami and Tampa, all saw increases of at least 31%.

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Days on market Mortgages Sales Marketing 98

Housing Wire

MARCH 3, 2022

Ohio-based lender Union Home Mortgage made changes to its leadership group, promoting three executives to vice president positions as the company seeks to boost its growth. The company announced on Wednesday that Bryan Wright will be the vice president of national sales and Cyndi Garza, the vice president of national business development, a new position created in the company.

Mortgages 337

Mortgages Lending Development Banks 337

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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.

Sales

RIS Media

MARCH 3, 2022

Photo by AJ Canaria of MoxiWorks. When Carl Carter Jr.’s mother, Beverly Carter, was kidnapped and murdered by a pair of clients in 2014 while working as a REALTOR®, it inspired him to found the Beverly Carter Foundation, a 501(c)(3) non-profit dedicated to providing real estate agents with information and tools to enable them to return home safely at the end of each day.

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Agents As-is Industrial 98

First Team Real Estate

MARCH 3, 2022

The First Team Real Estate Hall of Fame celebration and awards recognition is one of the company’s most treasured and memorable traditions, anticipated by all as the culmination of year-end achievements. Determined by criteria, including listing and sales volume, Hall of Fame recognition is awarded to both individuals and teams for their exceptional sales achievements.

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Sales As-is 98

Fancy Pants Homes

MARCH 3, 2022

Ladies and gentlemen, let us start your engines! Three-time NASCAR Cup Series Champion Tony Stewart is selling his dream home in Indiana, which he lovingly named Hidden Hollow Ranch. Listed at a whopping $30 million, the stunning estate has the potential to be one of the highest sales in the Hoosier State’s history. And it’s easy to see why Tony Stewart’s house is a worthy contender to the title of “Indiana’s priciest home” Tony Stewart’s ranch in Indian

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Land Title As-is Sales 98

RIS Media

MARCH 3, 2022

Zombie entertainment is hot right now. From the surprise popularity of Netflix’s teen-focused Korean drama series “All Of Us Our Dead” to big Hollywood tentpoles like last year’s “Resident Evil” reboot and Zack Snyder’s “Army of the Dead,” audiences are loving the shambling, gory excitement of bitey corpses and brain-eaters. Not nearly as many people (if anyone) are fans of so-called “zombie foreclosures”—properties that are vacant and also foreclosed on—which often create blight in neighborhood

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Equity Design As-is Industrial 98

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.

Agents

First Team Real Estate

MARCH 3, 2022

When you think about Anaheim, California , Disneyland probably comes to mind first. This is because this beautiful city at the heart of Orange County has almost become synonymous with Disneyland. You may be wondering, is Disneyland the only fun thing to do in Anaheim? Because it seems like everyone comes here for this fantastic theme park, we’d be remiss to say it isn’t a huge attraction.

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As-is Sales Marketing 98

RIS Media

MARCH 3, 2022

With a background that includes key tech roles at UPS, AT&T, and most recently as the engineering leader at Alexa AI and AWS AI at Amazon, Venkatesh Baglodi will use that experience to help the rapidly growing PropTech startup zavvie as its new chief technology officer. Lane Hornung, co-founder and CEO of zavvie, said, “Ven is a seasoned leader with deep experience in building artificially intelligent platforms.

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Technology Brokerage Principal Industrial 98

HomeLight

MARCH 3, 2022

When real estate agent Chelsea Shang and her partner, Alden Ye, had a child in 2019, they decided it was time to stop renting and buy a home of their own. But it wasn’t going to be easy in a bustling Los Angeles market — even for an experienced agent. “As a Realtor®, I was faced with the same challenges as my clients,” says Shang. “We were consistently facing multiple offers, bidding wars, and trying to compete with cash offers.

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Agents Closing Finance Loans 95

RIS Media

MARCH 3, 2022

In a stunning example of real estate’s historic ride in 2021, RE/MAX, LLC announced that its agents closed more than 2 million transactions globally last year. “We’re a company of firsts, and now we’re the first (network) in the history of real estate to close 2 million sides,” said RE/MAX President & CEO Nick Bailey from the stage of the brand’s R4® convention, held at the MGM Grand in Las Vegas earlier this week.

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Industrial Branding Agents Technology 98

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.

Agents

REM Online

MARCH 3, 2022

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Calgary firm recognized as Real Property Management ‘rising star’. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Real Property Management Bravo in Calgary, owned by Arshad Rashed, has been named the Real Property Management Rising Star of the Year.

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Property Management 94

RIS Media

MARCH 3, 2022

Conventional wisdom says that you should pay off your mortgage before you retire so you can keep your monthly expenses down while living on a reduced income. With many people buying homes later in life and taking on 30- or 40-year mortgages, some are unable to pay off their home loans before retiring, and some can, but choose not to. Paying Off Your Mortgage Before You Retire Can Give You Peace of Mind.

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Mortgages Loans As-is 98

Brownstoner

MARCH 3, 2022

In the News Raising Crosswalks to Make Deadly Intersections Safer in New York [NYT] NYC Will Soon End its Main Contact-Tracing Program for the Coronavirus [NYT]. Brits Busted in $100 Million Brooklyn Wine Ponzi Scheme [BP] Historic Subway Cars Take Their Last Journey, Brooklyn Style [Eagle] Partnership Opens Food Pantry in Brownsville’s P.S. 12… Read More > The post Daily Links: Hochul Visits Bed Stuy’s Therapy Wine Bar to Tout Plan for NYC To Go Cocktails appeared first on Brown

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RIS Media

MARCH 3, 2022

If you visit a home improvement store to buy paint for the inside of your house, you will see products with a variety of finishes. A type of paint that works well in one room may be the wrong choice for a different room. . Paint with a higher sheen is shinier and more durable than paint with less sheen. Paint with a lower sheen typically costs less than a shinier one.

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As-is 98

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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.

Agents

Realty Biz

MARCH 3, 2022

Since the start of the pandemic, millennials have been eager to dip their toe into the housing market. This new generation has approached home buying differently than their predecessors — from relying on digital resources to buying sight unseen. They also have different preferences and needs, as well as apprehensions. Millennials lived through the Great Recession and have also been plagued by student debt, making many distrustful of lenders.

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Inspection Renovation Land Construction 93

RIS Media

MARCH 3, 2022

If you are having a custom house built, or if you plan to buy a house that’s currently under construction, that can create some tricky issues when it comes to insurance. It’s important to understand what types of insurance are needed and who is responsible for obtaining coverage. Why Homeowners Insurance Doesn’t Apply to a House That’s Being Built. Homeowners insurance is designed to provide protection for a house that is secure and occupied by the owner.

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Construction Land Design As-is 98

Brownstoner

MARCH 3, 2022

This two-bedroom rental has a flexible layout and vintage details, including wide doorways, parquet with inlaid borders and an old-school kitchen. It has a somewhat secluded location in the rear of the second story of a small walkup building and, notably, windows on all four sides. The building at 174 15th… Read More > The post Park Slope Jazz-Era Unit With Two Bedrooms, French Doors, Subway Tile Asks $3,500 a Month appeared first on Brownstoner.

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Marketing 91

RIS Media

MARCH 3, 2022

A trampoline can be fun for kids, but it can also be dangerous. If you’re thinking about getting a trampoline, check with your insurance company first to find out if it would be covered and if you would have to take protective measures and pay higher premiums. . Why Insurers are Strict When It Comes to Trampolines. When someone jumps on a trampoline, there is a risk that the person will wind up with a broken bone or a head or neck injury.

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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.

Sales