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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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.
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Realty Biz
JUNE 28, 2022
A reverse mortgage is a type of consumer home loan that allows homeowners ages 62 and older to borrow against their home’s equity to receive either cash or a line of credit. Unlike a traditional mortgage, homeowners don’t make a monthly payment; the loan is repaid when the homeowner or their heirs sell the house. . Senior homeowners often use a reverse mortgage to minimize their monthly housing costs and have access to liquid assets like cash during their retirement.
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.
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.
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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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.
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.
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
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.
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.
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.
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’
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.
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.
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.
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.
Real Trends
JUNE 28, 2022
Home price increases slowed just a touch in April, and there’s a strong likelihood that home prices will cool further, a recent report shows. Prices rose 20.4% nationally in April compared with the same month a year ago, according to the latest S&P CoreLogic Case-Shiller Index report. In March, home prices grew 20.6%. The 10-city composite annual increase was 19.7%, up from 19.5% in March.
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.
BubbleInfo
JUNE 28, 2022
Check out our new listing! 1938 Park Dale Lane, Encinitas 2 br/2 ba, 1,080sf YB: 1978 HOA = $325/mo. LP = $849,000 You can still buy a Village Park home in the $800,000s! This one feels like a detached-home too, and is surrounded by greenbelts. One-story, new flooring and paint, private backyard, 2-car garage, air-conditioning, […].
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RISMedia
JUNE 28, 2022
By Lizzie Weakly If you are a person who loves to work with your hands, construction skills can be very useful. Whether it is around your own home or on a job, having skills that are always in high demand can make your life easier. Should you be curious as to just how your construction […]. The post Building Up: 5 Ways Construction Skills Come In Handy appeared first on RISMedia's Housecall.
Mashvisor
JUNE 28, 2022
If you’re looking to buy a vacation home in the US, then you should consider Airbnb Branson MO homes. Table of Contents Where Is Branson MO Located?
First Team Real Estate
JUNE 28, 2022
Downey is nestled in the southeast corner of Los Angeles County, situated between East Los Angeles and Anaheim. The central location between the two busy cities makes this a popular destination for those who want a short drive to the coastline, quick access to major freeways, public parks, and a vibrant atmosphere. Downey’s restaurant scene features relaxed, modern fine dining, upscale bar and grills, and international flavors that will surely transport your taste buds.
Brownstoner
JUNE 28, 2022
Owners of one Red Hook restaurant would not let the pandemic close their doors — in fact, they defied the idea. Fort Defiance has adapted multiple times since the Covid-19 outbreak shuttered the city in March 2020 — namely moving to another storefront in the small coastal neighborhood the eatery… Read More > The post After Pandemic Pivot and Liquor License Delay, Red Hook’s Fort Defiance Reopens for Cocktails appeared first on Brownstoner.
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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