Housing Wire
JUNE 28, 2022
Mortgage fintechs Sales Boomerang and Mortgage Coach have merged, roughly six months after a Philadelphia-based private equity firm bought a controlling stake in each company. The two companies have been working toward the merger since LLR Partners ’ made an investment in each in January. Richard Harris, former chief executive officer at email sending and delivering platform Spark Post , will take the helm as CEO.
Keeping Current Matters
JUNE 28, 2022
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years.
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Housing Wire
JUNE 28, 2022
The S&P CoreLogic Case-Shiller Home Price Index just recorded 20.4% year-over-year growth nationally and a record 21.2% growth for its top 20 city composite, and now you know why my most significant concern for housing was home prices overheating , not crashing like people have warned about from 2012-2021. From S&P : The S&P CoreLogic Case-Shiller U.S.
Brownstoner
JUNE 28, 2022
A Brooklyn Housing Court judge removed the owner of 567 St. John's Place in Crown Heights from managing the eight-unit building after he failed to address hundreds of safety violations and complaints and allegedly harassed and intimidated tenants, according to tenants group Crown Heights Tenants Union. Renters in the building have… Read More > The post Court Grants Tenants’ Calls for Takeover From Crown Heights ‘Slumlord’ appeared first on Brownstoner.
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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.
Housing Wire
JUNE 28, 2022
There’s no question that a digital-first way of doing business is becoming the norm and the demand for digital in the mortgage industry is only growing. HousingWire recently spoke with Armando Falcon, CEO of Falcon Capital Advisors , about the continued growth of digital mortgage solutions such as eClosings and what lenders can do to implement eMortgages into their business models. .
Sotheby's International Real Estate
JUNE 28, 2022
With its vibrant woodlands and meadows, picturesque roads, Long Island Sound coastline, and captivating homes—from charming cottages to grand manors in nearly every architectural style—Greenwich exemplifies the natural and manmade beauty of New England. This refined residence makes the most of its location, enjoying an enviable spot on four secluded acres near a reserve, a preserve, and an alluring lake.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Eye on Housing
JUNE 28, 2022
Consumer confidence dropped again in June as inflation stayed at decades high and continued to temper consumers’ economic outlook, which tumbled to the lowest level in nearly a decade. Though spending intentions for homes, cars, and major appliances held relatively steady, consumer spending will continue to face headwinds from further inflation and rate hikes.
Housing Wire
JUNE 28, 2022
Fannie Mae has announced the winning bidder for the final mortgage pool that was part of its inaugural nonperforming loan sale of 2022 — and it’s nineteenth sale since the i na ugural offering in 2015. The loan pool, dubbed the Community Impact Pool (CIP), includes 120 loans with an unpaid principal balance of $36.3 million, an average loan size of $301,412 and an average interest rate of 5.24%.
The American Genius for Real Estate
JUNE 28, 2022
(BIG DATA) The housing market is on fire. Will we continue to see home values increasing over the next 2 years? This prediction poll has the answers. The post Home values are on the rise – What will homes be worth in 2023? appeared first on The American Genius Real Estate.
Housing Wire
JUNE 28, 2022
The Prestwick Mortgage Group , an Alexandria, Virginia-based advisory and brokerage firm, has unveiled an offering for a $1.6 billion package of Fannie Mae , Freddie Mac and Ginnie Mae mortgage-servicing rights (MSRs). The bulk of the 7,189 loans in the MSR offering put out to bid this week were originated in Florida and the Midwest, according to the offering documents — which list Prestwick as the exclusive broker and indicate bids are due July 12.
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.
Lighter Side of Real Estate
JUNE 28, 2022
As much as the frantic pace of a “hot” market creates a lot of headlines and excitement, they’re not actually the best of times for most real estate agents if you think about it…. Everything you do is at a feverish pace. Most agents don’t even make more money than they would in any other market anyway—they’re still just doing an average (or below) number of deals per year.
Housing Wire
JUNE 28, 2022
Mortgage technology provider Roostify is hoping to bring in more self-employed borrowers by adding mortgage automation provider Indecomm ‘s automated income calculation technology, it announced Tuesday. Indecomm’s IncomeGenius integration into Roostify’s data intelligence solutions will expand Roostify’s existing income calculation capabilities for self-employed borrowers, according to a company statement.
Coldwell Banker
JUNE 28, 2022
If you’re a homeowner who loves to meet new people from around the world and likes to earn extra income, then become a host by listing your property for rent on Airbnb. The San Francisco-based company connects leisure and business travelers to short-term apartment, house and room rentals in more than 190 countries. Here are […]. The post 7 Tips for Listing Your Home on Airbnb appeared first on Coldwell Banker Blue Matter.
Housing Wire
JUNE 28, 2022
Kiavi , formerly LendingHome , recently closed a $218 million private-label securitization of unrated short-term mortgages — described as “residential transition loans” (RTLs) by the lender, which serves the fix-and-flip market. The deal represents Kiavi’s ninth such securitization under its LHOME shelf since launching its revolving securitization program in 2019, according to the company.
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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.
The Mortgage Report
JUNE 28, 2022
One in three home buyers who were denied a mortgage could be helped with homebuyer assistance. Here's how to find help.
HomeLight
JUNE 28, 2022
With 80% of buyers preferring a home that’s move-in ready, the last thing you want is for a ripped, stained, or smelly carpet to give them cold feet. While a good cleaning can work some magic, it can only do so much to welcome potential buyers. Instead, carpet in poor condition can cause them to view your house as a fixer-upper, slash what they’re willing to offer, or want to negotiate an allowance to fix the floor themselves.
The Mortgage Report
JUNE 28, 2022
Today’s mortgage and refinance rates Average mortgage rates edged higher yesterday. So those for conventional, 30-year, fixed-rate mortgages are still below 6%. But they’re higher than they were last Thursday […].
HomeLight
JUNE 28, 2022
If you’re getting ready to sell your home, you may be wondering how much real estate commissions will affect your bottom line and if you can maximize your profits with a discount broker. Will you really save money with a discount broker? Will you sacrifice value? The answer depends on your unique situation, how much time you have to spend on your home sale, and your expectations.
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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.
App Folio
JUNE 28, 2022
There are two types of leasing agents: those who use the flexibility of the role as a way to support.
HomeLight
JUNE 28, 2022
If you’re selling or buying a home, you may be wondering what kind of agent you need to hire. What’s the difference between a buyer’s agent, a listing agent, a seller’s agent, a Realtor®, and a broker? What qualifies an agent to meet your unique homeownership needs? In this article, we explain the roles agents play in your home sale or purchase, their required level of experience, and the services they provide in your home sale or purchase.
The Close
JUNE 28, 2022
An attractive and effective real estate brochure is a must-have at your events, to launch new listings, and as leave-behind marketing materials when pitching new buyers or sellers. In this guide, we’ve compiled a list of the top five real estate brochure providers. Collectively, they offer hundreds of brochure templates you can choose from. We also highlight 26 of our favorites for you to consider when building your print marketing strategy.
HomeLight
JUNE 28, 2022
The commission you pay your real estate agent to help sell your home may seem steep. You want the best return on your largest investment so you can put it toward a new home, your kid’s college fund, or retirement. Fortunately, the fee you pay your real estate agent is absolutely negotiable. In this article, we’ll walk you through the process of negotiating your real estate commission, and provide insights into whether seeking a lower rate will fit your selling objectives.
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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.
Brownstoner
JUNE 28, 2022
A Renaissance Revival row house at 484 14th Street, home to the Lesbian Herstory Archives and already part of the Park Slope Historic District, may soon become an individual landmark. In a move that was perhaps timed to coincide with Pride Month, the item was unexpectedly added to today's schedule… Read More > The post As Pride Month Ends, LPC to Consider Designating Park Slope’s Lesbian Herstory Archives Row House appeared first on Brownstoner.
HomeLight
JUNE 28, 2022
As the demand for convenient all-cash home buying services continues to rise, so does the number of home buying scams. Wire transfer scams could send your money to the wrong account, never to be seen again. With the amount of money involved in a home sale, is it any wonder? “Real estate fraud is one of the fastest-growing cyber scams across the country,” FBI Special Agent Siobhan Johnson told ABC News in Chicago.
Brownstoner
JUNE 28, 2022
This week, a look back at four of our featured listings from six months ago focuses on homes in Brooklyn Heights, Cypress Hills, Bed Stuy and Prospect Lefferts Gardens. How did they fare? Perched near the Brooklyn Heights Promenade in an historic building in the landmark district, this compact and smartly… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One Still Available appeared first on Brownstoner.
HomeLight
JUNE 28, 2022
Your hardwood floors are a prized part of your home’s charm, and a major selling point, so it’s important to get them looking their best before listing your home for sale. Hardwood floors are most commonly made of oak, maple, walnut, or hickory. Since hardwood floors are made of natural wood and require special treatment, it’s important to know what to do — and what not to do — before deep cleaning this type of flooring.
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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.
Brownstoner
JUNE 28, 2022
In the News NYC Seeing ‘Dangerous’ Wave of Subway Surfing Incidents [NYP] Ghost Gun Capable 3D Printer Stolen From Brooklyn Rail Yard [NYP] Artist's Bright and Cozy Brooklyn Apartment Doubles as Studio [ArtNet] Brooklyn Record Exchange Returns to Greenpoint [Greenpointers] Brooklyn Recess Keeps the Sport of Double Dutch Alive and Jumping [Gothamist] Ranking Brooklyn, Queens Condo… Read More > The post Daily Links: Expert Predicts Real Estate Correction, Not Crash, Amid ‘Low’
HomeLight
JUNE 28, 2022
When you sell your home, you may wonder how much real estate commission you’ll pay, how those commissions are split, and how much you’ll profit from the sale. The average total commission on a home sale is 5% to 6% of the total sale price, which is typically paid by the seller. The listing agent and buyer’s agent split that commission and then pay part of their earnings to their broker.
Realty Biz
JUNE 28, 2022
JPMorganChase has said it’s cutting jobs in its mortgage lending business amid tightening monetary policy that has seen mortgage rates pushed above 6%. The nation’s biggest bank said last week that the decision was the result of “cyclical changes” in the mortgage market. “We were able to proactively move many impacted employees to new roles within the firm and are working to help the remaining affected employees find new employment within Chase and externally,” it said in a statement.
Notorious ROB
JUNE 28, 2022
This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh. Monthly Subscription. $ 20. Monthly. Subscribe Now. Annual Subscription. $ 200. Annually (Save $40). Subscribe Now. The post Four Horsemen of the Housing Apocalypse, Part 6: New Jerusalem appeared first on NotoriousROB.
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