Housing Wire

SEPTEMBER 27, 2022

The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac , has been granted summary judgment on the last remaining claim by investors in a lawsuit alleging the government overstepped its authority when it adjusted its stock-purchase agreements with the agencies and allowed net worth sweeps. The plaintiffs, Fairholme Funds Inc., et al., are private-sector investors in Fannie Mae and Freddie Mac, which have been in conservatorship under FHFA oversight since the 2008 fin

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Investor Finance Mortgages Technology 545

Realty Biz

SEPTEMBER 27, 2022

One of the most significant roles of a real estate agent representing a home seller is to provide them with an accurate market value. Homeowners use the information provided by agents to make many financial decisions in their life. The value received could even be an impetus to whether a home seller decides to move or not. Given the stakes are so high, it makes sense that there should be quite a bit of thought that goes into an accurate home value.

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Housing Wire

SEPTEMBER 27, 2022

When Federal Reserve Chairman Jerome Powell talked about a housing reset in June , it sent shockwaves around the country because it sounded so ominous. In the most recent FOMC meeting , held last week, Powell finally clarified what he meant by that term and what a housing reset means to the Fed. However, a housing reset isn’t the only pressing issue — we now also have to think about a worldwide global recession.

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Banks Construction As-is Marketing 473

The Close

SEPTEMBER 27, 2022

One of the most common myths Realtors still cling to in 2022 is that open houses are a waste of time. While a poorly planned and run open house can indeed be a waste of time, a well-planned one that follows the steps in our open house checklist can help you double or even triple the number of leads you get. To get you started, we worked with our team of real estate coaches and agents to put together our ultimate open house checklist.

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Agents

Housing Wire

SEPTEMBER 27, 2022

In the quest to extend homeownership to everyday Americans, local lenders—a segment that includes credit unions, community banks and independent mortgage banks serving communities across the country—play a vital role. The only banking presence in one in five U.S. counties , local lenders help millions of people access resources and services necessary to buy a house.

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Marketing Banks Lending Loans 384

GeekEstate Agents & Brokers

SEPTEMBER 27, 2022

The Sitzer v. NAR antitrust lawsuit has the potential to turn an industry-accepted compensation construct on its head. At stake in this case is whether four commission-sharing rules within the National Association of REALTORS® Handbook and Code of Ethics subscribed to by all REALTORS® amount to price-fixing. While I won’t get into all of the details of the case (you can read about it here if you are so inclined), anyone whose business relies, in some shape or form, on agents earning cooperative

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Agents MLS Industrial Construction 88

Real Trends

SEPTEMBER 27, 2022

As fewer sellers list their homes , mortgage rates soar past 7% and the housing market slows to a crawl , Realtor confidence has plummeted, according to the latest survey by the National Association of Realtors. Of the 2,784 respondents, just 11% said they expect a year-over-year increase in buyer traffic in the next three months, remaining flat from July, but down significantly from the 31% recorded in August 2021.

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Purchase and sale agreement Pre-approval Inspection Agents 80

Housing Wire

SEPTEMBER 27, 2022

These days, every week brings a new report, forecast or piece of news reminding us that the mortgage lending market is in uncharted waters. Mortgage demand fell 6% week over week at the end of July. Applications dropped 7% in the same period. The national inflation rate eclipsed 9% in June. Things have changed even more since then. As lenders, we know these things to be true not just within the context of a recent market report — we see it happening every day on the ground, in the weeds with hom

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Lending Loans Technology Mortgages 384

Bigger Pockets

SEPTEMBER 27, 2022

At some point across the last couple of years, I’m sure most of you have seen the returns other investors are making on short-term rentals (STRs) and asked yourself, “how […].

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Finance Investor Mortgages 81

Housing Wire

SEPTEMBER 27, 2022

Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew. The Real Brokerage, headquartered in Ontario, Canada, will pay $1.25 million to acquire the tech-enabled home loan platform, which does business in 20 U.S. states, including Texas, California and Florida.

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Lending Brokerage Loan Officer Technology 370

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

SEPTEMBER 27, 2022

Milestones , the all-in-one homeowner portal helping consumers to buy, move, sell, and manage their home, is partnering with the California Association of Realtors (C.A.R.) The Association will be launching Milestones as a member benefit to its more than 217,000 members. The launch follows a Series A investment C.A.R. made in Milestones , which closed earlier this year.

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Finance Technology Sales Closing 72

Housing Wire

SEPTEMBER 27, 2022

Technology and title have been closely intertwined as of late, as the title space looks at ways to not only integrate adoption but also look at where technology is actually beneficial in the process. Helping share her thoughts on this topic, we’re excited to have Rachel Luna, the “Title Queen” of Texas, as a panelist on “The Future of Title” panel at HW Annual on Oct. 4. .

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Title Technology Closing Industrial 370

Bigger Pockets

SEPTEMBER 27, 2022

Investment properties are hard to find—unless you use the tips Jonathan Greene mentions in today’s episode. If you’re like most real estate investors, you know that in 2022, it can […].

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Investor 77

Brownstoner

SEPTEMBER 27, 2022

This 1880s brick row house in Park Slope got a sleek architect-designed reno that opened up the floor plan and inserted custom built-ins with bold splashes of color. There's an original newel post and stair, a marble mantel and some moldings at 423 10th Street, but otherwise it has new… Read More > The post Park Slope Row House With Architect-Designed Color Blocked Reno, Central Air Asks $3.45 Million appeared first on Brownstoner.

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Design Marketing 76

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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

Coldwell Banker

SEPTEMBER 27, 2022

Renowned Greenwich real estate agency to bolster and promote luxury division. The post New England Land Company Combines Forces with the Tamar Lurie Team of Coldwell Banker Realty appeared first on Coldwell Banker Blue Matter.

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Land 61

Brownstoner

SEPTEMBER 27, 2022

In the News A Bed Stuy Mansion Has Become Rubble. Residents Ask: How, and Why? [NYT] $500 a Month for an Entire Floor in Greenpoint [NYT] Woman Fakes Her Grandma’s Signature to Steal Flatbush Home: Lawsuit [NYP] Brooklyn’s Rent Price Up 23.6 Percent Compared to Last August [Eagle] No, Sugar Hill Is Not Closing, Owners… Read More > The post Daily Links: Owners of Bed Stuy’s Sugar Hill Club Plan Residential Development in Backyard appeared first on Brownstoner.

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Residential Development Closing 75

Realtor.com

SEPTEMBER 27, 2022

Nino Munoz for Netflix / MLS / 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. We’re back with a jampacked episode! This week, Realtor.com celebrity news writer Claudine Zap joins Natalie to dive into the premiere of “ Selling the OC ,” the buzzy spinoff of the real estate reality show “ Sell

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MLS 60

Redfin

SEPTEMBER 27, 2022

Often referred to as “The Peach State,” Georgia is best known for being home to Coca-Cola’s headquarters, its southern hospitality, and of course, its peaches. The state is currently home to around 3.75 million people spread across cities like Atlanta , Savannah , and Albany. If you are thinking of making the move to Georgia and are figuring out what city to live in, we’re here to help.

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Sales As-is Staging Industrial 65

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

BubbleInfo

SEPTEMBER 27, 2022

The 250-agent brokerage where Kayla hangs her license has been acquired by the Agency, and they will have more TV shows available for their agents! Hopefully her hair flip will land her a role: View this post on Instagram A post shared by Kayla Klinge (@kaylaklinge).

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Land Brokerage Agents 45

Redfin

SEPTEMBER 27, 2022

Maybe you’ve outgrown your current decor, or you’ve just moved into a new house or apartment and it doesn’t feel quite like home yet. Either way, it might be time to refresh your space. Simple changes like adding new artwork or house plants can be a breath of fresh air for your home, making all the difference in transforming your mood and how you feel in your space.

Design 62

Design As-is Principal Lending 62

BubbleInfo

SEPTEMBER 27, 2022

Graph from JBREC: Only 36% of current homeowners said they would move if rates were 5%+, Only 15% said they would move if rates were 6% or higher, and ONLY 7% OF CURRENT HOMEOWNERS WOULD MOVE IF RATES WERE 7% OR HIGHER. If the market of move-up and move-down buyers has seized up like an […].

Marketing 45

Marketing Loans 45

Redfin

SEPTEMBER 27, 2022

Ohio is best known for being home to the Rock and Roll Hall of Fame, the Pro Football Hall of Fame, and being the birthplace of aviation. It’s no surprise that around 11.8 million people call this state home due to its great cities and beautiful scenery. If you want to move to Ohio or are just curious to learn more about the state, keep reading this article.

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Sales As-is Industrial Closing 62

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

Brownstoner

SEPTEMBER 27, 2022

… Read More > The post appeared first on Brownstoner.

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Redfin

SEPTEMBER 27, 2022

Referred to as “The Mother of States” because it was one of the first states to be settled, Virginia is best known for its oysters, the Appalachian Trail, and the number of presidents that have come from the area. There are around 8.65 million people that call this state home spread across cities like Richmond , Arlington , and Norfolk. If you are considering moving to Virginia, but don’t know what cities to consider, take a look at this list.

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Sales As-is Industrial 62

HomeLight

SEPTEMBER 27, 2022

If you’re thinking of selling your home, you may be wondering how much real estate fees will affect your bottom line and how you can maximize your profits with a discount broker. Can you actually sell your home for free? To help you understand what circumstances enable sellers to eliminate or minimize real estate fees, we spoke with Trevor Heuser , a top-performing HomeLight Elite agent in Austin, Texas.

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Purchase and sale agreement Closing costs Brokerage Agents 94

Redfin

SEPTEMBER 27, 2022

Minnesota, often called “The Gopher State,” is best known for its beautiful lakes and forests, being home to a handful of Fortune 500 companies, and housing the largest mall in the United States. Around 5.7 million people choose to call this state home spread out across cities like St. Paul , Minneapolis , and Rochester. Whether you’re trying to make a move to Minnesota or are just curious to learn more about this state, we’ve got you covered.

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Sales As-is Banks Closing 61

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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

HomeLight

SEPTEMBER 27, 2022

DISCLAIMER: This blog post is meant to be used for educational purposes only, not legal or financial advice. If you need assistance navigating the legalities or tax implications of selling an inherited home in Texas, HomeLight always encourages you to consult a professional advisor. Inheriting a house can be an incredible gift, but it comes with great responsibility.

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Purchase and sale agreement Title Agents Sales 87

Notorious ROB

SEPTEMBER 27, 2022

Writing has been thin as I’ve been on the road constantly, and very busy with projects. But news came across today that fairly requires some commentary. General “Mad Dog” Mattis, a storied military commander and Secretary of Defense under Trump, is said to have once told a group of Iraqi tribal leaders, “I come in peace. I didn’t bring artillery.

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HomeLight

SEPTEMBER 27, 2022

Pack your cowboy boots and kolaches recipes ; you’re ready to sell your Texas home! After new home sales set records in 2021 , the Texas housing market cooled in recent months, generally seeing decreases for homes under $400,000 that offset increases for homes priced over $750,000. In June, the Texas median home price experienced its first drop since December 2020, coming in at $349,000.

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