Housing Wire
OCTOBER 11, 2021
For the second month in a row, national housing affordability improved in August, according to the latest National Association of Realtors housing affordability index report. This improvement came as monthly mortgage payments fell by 1.1% while median family income fell by 0.7%. As of August 2021, the 30-year fixed mortgage rate was 2.89% compared to 3% a year prior.
The American Genius for Real Estate
OCTOBER 11, 2021
(EDITORIAL) What follows is an open letter response with 13 questions regarding numerous recent representations by REX Homes. The post REX Homes – not disrupting anything except investor balance sheets appeared first on The American Genius Real Estate.
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Housing Wire
OCTOBER 11, 2021
Servicers’ forbearance portfolio volume declined at the fastest rate in a year, as mortgage holders exit COVID-19 plans, according to the Mortgage Bankers Association (MBA). Exits are expected to pick up the pace in the weeks ahead due to economic improvement. The total number of loans in forbearance decreased by 27 basis points to 2.62% as of Oct. 3.
Fancy Pants Homes
OCTOBER 11, 2021
Taylor Swift’s 2020 album, Folklore , came as a surprise to everyone — including the artist’s celebrity friends, Blake Lively and Ryan Reynolds, who had cautiously guarded the name of their third daughter since she was born, only to have Swift’s album reveal the name in a track named after her. But imagine our surprise when we heard that one of the songs on the album is a reference to the Grammy winner’s house in Watch Hill, Rhode Island.
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Housing Wire
OCTOBER 11, 2021
Earlier in the month, PennyMac Financial and United Wholesale Mortgage publicly announced that they are each raising their conforming loan ceilings by 14%, nearly two months ahead of the Federal Housing Finance Agency ‘s official decree. They’re not the only ones getting a jump on new conforming loan limits. Rocket Mortgage and Homepoint announced last week that they are also upping their conforming loan limit to $625,000 for a one-unit property.
Sotheby's International Real Estate
OCTOBER 11, 2021
Sotheby’s upcoming Contemporary Art Day Sale (8-15 October 2021) celebrates the pioneering work of ground breaking NFT artists, displaying digital and physical versions of their artworks in parallel. ?. In this latest Sotheby’s video, discover more about this visionary content created by pioneer NFT artists including Hueman, Fewocious, Justin Roiland and MGOGLKTKO which covers the gamut from mind-bending and atmospheric pieces to humorous and absurdist faire.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realty Biz
OCTOBER 11, 2021
Talk about a unique opportunity. Dallas Cowboy Hall of Famer Emmitt Smith has his home on the market for $2.2 million to match his jersey number 22. But, how about this? The lucky buyer of the 10,806 square foot North Dallas mansion also gets a sit-down dinner with the NFL’s all-time leading rusher. . The entrance to NFL legend Emmitt Smith’s North Dallas mansion – Douglas Elliman.
Housing Wire
OCTOBER 11, 2021
Changing environmental conditions will put 13.6 million residential properties at risk of flooding in 2051, an increase of 1.2 million over the next 30 years, according to a report published Monday by the nonprofit group First Street Foundation. The survey evaluates the flood risk across five categories: residential properties, roads, commercial properties, critical infrastructure, and social infrastructure.
Realty Biz
OCTOBER 11, 2021
People own property. People owe taxes. People die. I don’t mean to be morbid, but these are facts of life. Every investor is aware of, and many specialize in one of these sources of investment properties: foreclosures, REO, short sales, divorces, fire damage, damaged foundations, hoarders, and other distressed properties. In today’s market, these can be difficult to find and too many investors are pursuing the same properties.
BubbleInfo
OCTOBER 11, 2021
A year ago, there were 605 active listings between La Jolla and Carlsbad, and 470 pendings. Today, there are 274 actives, and 278 pendings (which is -55% and -41% YoY). Buyers didn’t hit the brakes last year when we had twice as many actives, so it will probably take a 100-year flood of inventory to crash […].
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.
HomeLight
OCTOBER 11, 2021
When it comes to buying and owning a home, whether in real life or as experienced in books, movies, or on TV, we often hear about the process in the context of a mortgage — getting approved for one, having to make those mortgage payments, and so on. But rarely do we hear anyone discussing a deed of trust. In general, the term “mortgage” is used to describe any loan that is secured by real property.
Realtor.com
OCTOBER 11, 2021
The gulf between contract prices and appraised values highlights the risks to buyers in the current market, especially those stretching their budgets to win a bidding war. The post Soaring Home Prices Are Roiling Appraisals and Upending Sales appeared first on Real Estate News & Insights | realtor.com®.
Realty Biz
OCTOBER 11, 2021
Redfin is expanding its Direct Access Home tours to more markets, meaning buyers will be able to view vacant homes without an agent present in more parts of the U.S. The company said it’s bringing Direct Access to 22 new markets via a new partnership with the security firm ADT, which will install smart home devices that provide secure access to prospective buyers at their scheduled appointment times, as well as 24/7 monitoring.
The Mortgage Report
OCTOBER 11, 2021
In can be harder to get a VA loan offer accepted in a competitive market. Learn why some sellers don't like VA loans and how to improve your chances.
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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
OCTOBER 11, 2021
Coldwell Banker Real Estate LLC was selected to receive the 2021 St. Jude New Partner Campaign of the Year Award, for its efforts to help cure childhood cancer. In its first year, the CB Supports St. Jude partnership aimed to raise $250,000, a goal it met within the first six months. By October, the Coldwell Banker network doubled its initial goal, fundraising a total of more than $500,000.
Waterfront Properties
OCTOBER 11, 2021
Mama Bella Gourmet Market and Café is located at 518 South Dixie Highway in West Palm Beach. The market and café opened last month. Mama Bella is named for owner Vladimir Fulman’s adored and beloved mother. Mama Bella features a contemporary café and bar, European-inspired gourmet market and deli, international wines, specialty stone pizza, and an alfresco patio.
RIS Media
OCTOBER 11, 2021
CEO Ryan Weyandt shares the importance of providing support for the community within the real estate industry. One of the questions I get asked a lot as CEO of the LGBTQ+ Real Estate Alliance is, “how many LGBTQ+ people are there in real estate?” Unfortunately, there is really no way to know except to do some quick math. Gallup recently shared that 5.6% of the U.S. population is part of the community.
Brownstoner
OCTOBER 11, 2021
The Brooklyn Navy Yard just got a little greener, as the waterfront industrial complex has installed three new environmentally-friendly rooftops. The new furnishings feature 23,000 square feet of structure planted with ornamental grasses, perennial wildflowers, and sedum, which will absorb rainfall — replacing previously impermeable rooftops that would often foster flooding… Read More > The post Rainfall-Absorbing Green Roofs Installed at the Brooklyn Navy Yard appeared first on Browns
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.
Realty Biz
OCTOBER 11, 2021
ERA® Real Estate , a global franchising leader within the Realogy family of brands, announced the launch of the Hera Society, a new group within ERA® Real Estate with a mission to strengthen both the individual and collective impact women real estate leaders have on the network, in the industry and in the communities they serve. The Hera Society celebrated the launch with an inaugural event during Ignite 2021, ERA’s exclusive conference for affiliated broker/owners and managers.
RIS Media
OCTOBER 11, 2021
Stephen Fleming, president of D’Angelo Realty Group Inc., and new RE/MAX broker/owner has rebranded their real estate sales brokerage to RE/MAX Pathway. Fleming, who’s been in the business since 2003, said they recognize that the Harrisburg area is an increasingly competitive market, and that aligning with RE/MAX was the best way to keep his office’s edge and provide substantial growth by adding jobs to the market.
RISMedia
OCTOBER 11, 2021
By Kara Masterson Selling your home doesn't have to be an ordeal. By concentrating on just a few key things it's possible to minimize the time your property spends sitting on the market. From improving curb appeal to removing excess clutter, here are several things that can help you to improve property values, attract potential […]. The post 4 Essentials to Sell Your Home appeared first on RISMedia's Housecall.
RIS Media
OCTOBER 11, 2021
Editor’s Note: This article is the second part of a two-part series. Find part one here. LinkedIn is more than just a networking site; it’s also a way to build your brand authority, and position yourself as the “go-to person” when it comes to real estate. In part two of this article, the remaining elements are addressed that keep your profile polished, streamlined and updated so that it works for you rather than against you.
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.
Realtor.com
OCTOBER 11, 2021
Home flippers should be having their best year ever, but while the number of home flips has reached record levels, profits are actually shrinking. The post With Profits Flopping, These Are the Best (and Worst) Places for Home Flippers appeared first on Real Estate News & Insights | realtor.com®.
RIS Media
OCTOBER 11, 2021
How many of your real estate clients have used you before in a home sale? A survey by the National Association of REALTORS® (NAR) said 91% of buyers would likely use the same real estate sales agent again or recommend them to a friend. Unfortunately, that number is much higher than clients who actually did use the same agent again. This incredible gap is ultimately caused by lack of follow-up, not staying in touch and poor client tracking on the part of real estate agents.
Brownstoner
OCTOBER 11, 2021
Since the start of the pandemic, landscape architect Frederick Law Olmsted’s description of Prospect Park as an escape from the “cramped, confined and controlling circumstances of the streets” has never felt more vital. For many people over the past year and a half who were pushed into the park because… Read More > The post Photographer Irina Rozovsky Captures the Sights and Sounds of Prospect Park in New Book appeared first on Brownstoner.
RIS Media
OCTOBER 11, 2021
There has been a lot of talk about how to keep real estate transactions safe if they continue to take place in a digital space rather than a physical one. While we’ve already become accustomed to sending and signing forms electronically, the next phase is all about making sure every step of the process is protected. This is where “tokens” come into play.
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Jason Fox
OCTOBER 11, 2021
Why Real Estate Agents Need a Backlinking Strategy. It’s a bit reductive to say that real estate agents only advise clients and close deals. In all actuality, agents become a one-person marketing and sales team as soon as they step into this role. As an agent, you bear all of the responsibility of producing promotional content, marketing said content, and earning the trust.
Brownstoner
OCTOBER 11, 2021
The list of early 20th century details still intact inside this Park Slope limestone is fairly extensive. The Axel Hedman-designed house has elaborate plasterwork, mantels, fretwork, marble sinks and even some original bathroom tile. Located less than half a block from Prospect Park, 601 5th Street is one of a… Read More > The post Park Slope Limestone With Plasterwork, Mantels, Marble Sinks Asks $3.2 Million appeared first on Brownstoner.
Mandrona Group
OCTOBER 11, 2021
As we prepare to say goodbye to another year, the housing market continues to prove that there will always be. Read More.
CT Homes
OCTOBER 11, 2021
If you’re at all familiar with the world of real estate you’ve likely come across the idea of For Sale by Owner listings, or “FSBO” listings. For homeowners looking to take the real estate process into their own hands, it’s a popular option to skip the use of a realtor or agent and instead sell their home independently. While the majority of homeowners will turn to real estate agents due to a lack of expertise or time, by learning the best tips for FSBO listing sellers can have more control over
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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