Thu.Feb 03, 2022

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Construction Marketing: Valuable Advice to Get More Clients in Construction

Realty Biz

Construction is a competitive industry. With the number of qualified contractors constantly growing, marketing is one of the essential tools for any construction business to operate at its full potential. Luckily, in this modern era, you have countless channels at your disposal. So even if you’re doing marketing in-house, there are endless tactics — including free ones — to fine-tune your marketing approach.

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Santander Bank to stop originating mortgages in the United States

Housing Wire

Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. On Wednesday, the bank announced that it will consider applications for residential mortgage or home equity line of credit (HELOC) on the portal EZApply only until Feb. 11. The Spanish bank said it will continue to service current loans and honor pending borrowers’ applications.

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Millions of Americans Have Discovered the Benefits of Multigenerational Households

Keeping Current Matters

If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members.

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Here are 4 macro trends impacting the 2022 housing market

Housing Wire

This article is part of our HousingWire 2022 forecast series. After the series wraps, join us on February 8 for the HW+ Virtual 2022 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for this year, along with a roundtable discussion on how these insights apply to your business.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Inspired by Travel | Bringing the Colors of Iceland Home

Sotheby's International Real Estate

Vancouver, British Columbia | Christa Frosch & Holly Calderwood, Sotheby’s International Realty Canada. Picture Iceland. Does it conjure images of azure fjords, steely volcanoes, aquamarine hot springs, rolling green hills, and crisp white glaciers? It’s an esteemed travel destination with enticing scenery—and with such a particular and recognizable color scheme, it’s no surprise that Iceland’s enchanting landscapes also inspire home decor. .

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Lumber Prices in 2020 and 2021 Set Record Highs Even When Adjusted for Inflation

Eye on Housing

Most analyses of lumber price trends and levels fail to account for inflation because the price data for softwood lumber used in framing applications is generally quoted using the Random Lengths Framing Lumber Composite Price or lumber futures prices–neither of which is inflation-adjusted.

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Mortgage stocks are in free fall. So what’s next?

Housing Wire

Investors have largely shunned nonbank mortgage stocks, and analysts believe the hard times are still ahead. Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom. How could they resist? It was, after all, a once-in-a-lifetime opportunity for founders and private equity backers to cash in on historic origination volume.

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20% off CREtech San Diego March 22nd-23rd

GeekEstate

[Editor’s Note: Geek Estate Offers are special offers members of the GEM ]. CREtech is THE place for news and events for the commercial real estate industry. In a few weeks (March 22nd-23rd), they are putting on the west coast version of their conference… in sunny San Diego. All of the major tech trends in office, industrial, retail and multifamily including CoWorking, Data, A.I., ConTech, tenant experience and more will be discussed by those leading the tech revolution in CRE.

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Rising interest rates trigger an exuberant MSR market 

Housing Wire

Incenter Mortgage Advisors was flooded with a surge of mortgage-servicing rights business in January — with bulk MSR sales approaching in one month what the firm normally tallies in an entire year. Denver-based Incenter’s managing director, Tom Pierc y, said he expects the rising tide of business to continue for the foreseeable future, so long as the housing market is swept up in a rising-rate environment — prompting holders of MSRs to sell the assets.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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The Top US Markets for Fix and Flip Real Estate Investments

Realty Biz

In the past few years, fixing and flipping homes in the United States has become a very profitable opportunity for investors. In fact, it does not matter whether you are a sound investor or someone that is just looking at this as a side hustle, fixing and flipping houses can help you with sizable incomes and growth margins. Just take a look at what the data has to say.

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Pennymac Financial Services’ profit sinks 31% in Q4

Housing Wire

California-based nonbank mortgage lender Pennymac Financial Services posted record loan production last year, but a significant decline in net profits. Reflecting the higher rate landscape, in the last three months of 2021, the servicing segment brought more returns to the company than production. . The company reported a net income of $1 billion in 2021, down from a record of $1.6 billion in the previous year.

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How to Write Neighborhood Pages That Attract Buyers

Jason Fox

How to Write Neighborhood Pages That Attract Buyers. A popular neighborhood with a good reputation can be enough to entice people to search and buy property in the area, even if they are coming from outside of it. Creating neighborhood pages can help you capitalize on the popularity of a given area and bring more attention to any listings you have in that.

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Canadian Real Estate Is A “Speculative Fever,” Prices To Drop: Bank Regulator

Better Dwelling

The head of Canada’s bank regulator called the country’s housing market what it is — a speculative frenzy. Office of the Superintendent of Financial Institutions (OSFI) superintendent Peter Routledge gave his take on housing this week. Speaking on the Herle Burley podcast, the regulator explained he sees real estate market exuberance. In his opinion, it […].

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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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ER Follow-Up

BubbleInfo

There were five new Encinitas Ranch listings that launched last week. All had open houses last weekend, and it was busy (I saw three). It’s probably not surprising to hear that the two that went pending were the lowest-priced listings. The 3,501sf house was a one-story and on the golf course too, so their reasonable […].

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In Today’s Insane Housing Market, Just How High a Price Can You Pay? Find Your Exact Breaking Point Here

Realtor.com

Illustration by Realtor.com / Source images: Getty Images You’re likely aware that homes these days cost astronomical sums, with the median home price nationwide hovering at $375,000—an increase of 10% from a year earlier. Daunting? For sure. Yet if you’re pondering a home purchase right about now, the more important number to know is this: How much home can you afford?

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Inventory Count

BubbleInfo

There will be another 20 or so new listings trickling in the coming weeks that will grow our January count. But as of today, there were only 196 houses listed for sale between La Jolla and Carlsbad last month – and 103 of them have already gone pending! In January, 2021 we had 288 new […].

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What Is Car Siding? The Hottest Trend Since Shiplap, Explained

Realtor.com

Photo by Regan Baker Design Inc. If reality TV shows are a harbinger of hot new trends that may soon take over American homes, then one upgrade that’s poised for greatness is car siding. Despite its name, this wood wall upgrade has nothing to do with automobiles, and it’s not terribly different from shiplap , which became hugely popular after it was used liberally on the hit show “Fixer Upper.” Car siding recently popped up in an episode of “ Fixer to Fabulous ,R

Design 101
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Mortgage and refinance rates today, Feb. 3, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates nudged lower yesterday. And they’re now very close to where they were a week ago. That’s good news after January’s sharp rises. […].

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Boca Raton Museum of Art’s 35th Annual Art Festival

Waterfront Properties

An outdoor art festival is a pleasant way to spend the weekend. It becomes even more enticing with free entry The Boca Raton Museum of Art’s Annual Art Festival is on February 5-6, 2022, in Mizner Park, 501 Plaza Real in Boca Raton. This will be the 35th anniversary of the festival. The Museum Art Festival is the longest-running and most prestigious of any in Boca Raton.

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Booming Housing Market Fuels Q4 Rise in Homeowner Equity Across U.S.

RIS Media

Homeowners were able to reap the benefits of the frenzied housing market last year as new data from ATTOM Data Solutions suggests that nearly one of every two mortgaged homes were “equity rich” in the final quarter of 2021. ATTOM released its Q4 2021 U.S. Home Equity & Underwater Report on Feb. 3, which showed that 41.9% of mortgaged residential properties in the United States were considered equity-rich.

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The Insider: Clinton Hill Carriage House Gains Central Stair, Roof Addition in Award-Winning Reno

Brownstoner

When architect Kimberly Neuhaus's clients first saw the late 19th century carriage house on the market, they appreciated its charm, of course, but what excited them even more was the parking. Neuhaus, whose 24-year-old firm, Neuhaus Design Architecture, is based in Park Slope, saw decrepitude. "The ground level was just a… Read More > The post The Insider: Clinton Hill Carriage House Gains Central Stair, Roof Addition in Award-Winning Reno appeared first on Brownstoner.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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U.S. Vacancy and Homeownership Rate Sees Slight Growth in Q4 2021

RIS Media

As 2021 came to a close, homeownership and residential vacancy rate experienced slight improvements in the final months, according to recent reports from the U.S. Census Bureau. The Census Bureau announced on Jan. 3 that the U.S. homeownership rate came in at 65.5% in the fourth quarter of 2021—up from the third quarter last year but down from 65.8% in Q4 2020.

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How to Become a Licensed Real Estate Agent

Realty Biz

Starting a career as a real estate agent can be a fun and exciting experience. But many people don’t realize exactly what goes into starting a career as a real estate agent. So below we’ve outlined all of the necessary steps to becoming a real estate agent so that you’ll know the exact path to take to make it to your first sale. Real Estate License Class.

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Rethinking the Real Estate Tech Stack

RIS Media

There always seems to be an emerging business model or new piece of software that’s allegedly poised to change or disrupt the real estate industry. However, a question that should be on every broker/owner’s mind is: how can this help my agents and my businesses? According to Fathom Realty’s chief branding officer Wendy Forsythe , that’s the approach that the tech-focused brokerage has taken to bolster its ranks and expand its reach nationwide, at least in part.

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Toronto Real Estate Prices Increased Another $50,000, Up Over $314,000 In A Year

Better Dwelling

Greater Toronto home prices are surging even faster after the central bank’s warning. Toronto Regional Real Estate Board (TRREB) data shows home prices soared in January. Low inventory and a long warning for interest rates, helped to drive demand to send prices to a new record. Warning people rates will rise months in advance appears […].

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5 Data Proven Ways Agents Can Do 18% More Business

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.