Housing Wire
MARCH 24, 2021
Mortgage applications decreased for the third straight week – this time down 2.5%, according to the latest report from the Mortgage Bankers Association. Refinance activity dropped to its slowest pace since September 2020 – down a full 5% – with declines in both conventional and government applications, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting.
Keeping Current Matters
MARCH 24, 2021
For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much less than the full price they could offer and still get the home.
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Housing Wire
MARCH 24, 2021
Nicholas Hahn. Nicholas Hahn announced as Gateway First Bank’s new chief financial officer. In his new role, Hahn will oversee the company’s financial and accounting functions such as financial reporting, budgeting, funding and asset liability management. Hahn has more than 35 years of experience in the finance industry, holding various executive positions in the industry prior to joining Gateway.
Better Dwelling
MARCH 24, 2021
Canada’s largest bank warned the country’s real estate markets are approaching systemic risk. Not credit risk, banks are more than adequately protected. Instead they see it as a risk for the whole darn economy. RBC senior economist Robert Hogue, who isn’t a traditional bear, warned the market is out of control. Canada’s nurturing of the […].
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Housing Wire
MARCH 24, 2021
Pacaso , a company founded by former Zillow executives that is focused on second-home ownership, announced Wednesday they raised $75 million in venture capital financing. The equity influx boosts Pacaso’s publicized VC investments to $90 million less than six months after former Zillow CEO Spencer Rascoff co-founded the Los Angeles-based company. Rascoff in October started the company with Austin Allison, the founder of dotloop, which Zillow bought in 2015.
Better Dwelling
MARCH 24, 2021
Canadian households devote much more of their paychecks than their American counterparts. Actually, this is more of a global thing. Canada’s household debt service ratio (DSR) is manageable, but far from normal. An addiction to cheap credit and expensive housing has led to an epic borrowing spree. Households in the country now devote more of […].
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Realtor.com
MARCH 24, 2021
realtor.com Midcentury modern lovers, take note. At least 10 Eichler homes are on the market right this minute. For those not in the know, Joseph Eichler was a remarkably influential post-World War II housing developer who built affordable subdivisions of tract homes, mainly in the San Francisco Bay Area and Southern California, although a handful show up in far-flung locations like New York.
Housing Wire
MARCH 24, 2021
LoanDepot , the nation’s second-largest nonbank retail mortgage lender, struck up a joint-venture with Schell Brothers , a homebuilder based in Delaware. The venture is to be called Henlopen Mortgage , the firms said in a statement this week. Through the JV, Schell Brothers, which builds energy-efficient homes along the beaches of Delaware and in Virginia, will have access to loanDepot’s “mello” lending platform. “Henlopen Mortgage helps homebuyers achieve their dre
BubbleInfo
MARCH 24, 2021
To provide some transparency on the deal-making on the street, here’s a review of properties that have gone pending this week. I didn’t intend to make a blog post out of it, but I had inquired about the availability of these listings, and for my own knowledge I like to ask how many offers the […].
Toronto Realty Blog
MARCH 24, 2021
TorontoRealtyBlog. I’m not really one for anniversaries. And when it comes to a relationship, aren’t there already enough days that require celebration? My wife’s birthday. Check. That’s one I try not to forget. Valentine’s Day. Ugh. I guess, check. My wife knows it’s a date invented by the flower/chocolate/diamond consortium, but she sets her baseline expectation at a simple card.
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.
The Mortgage Report
MARCH 24, 2021
Today’s mortgage and refinance rates Average mortgage rates moved lower again yesterday — and by a worthwhile amount. But, unfortunately, it was a drop in the ocean compared to 2021’s […].
GeekEstate
MARCH 24, 2021
[Note from editor: The “Mastermind Showcase” highlights companies and news fro m members of the GEM. Today’s showcase: Glide.]. Glide offers solutions to help real estate agents create and share forms, agreements, and disclosures with clients and collect e-signatures via DocuSign integration. The software includes an offer management platform, allowing agents to track offers and share summaries with both buyers and sellers, and communicate with live document commenting.
Mandrona Group
MARCH 24, 2021
We all know that Easter is about much more than just looking for hidden eggs and baskets full of scrumptious. Read More. Content provided by: John L. Scott Ballard | Madrona Group.
BubbleInfo
MARCH 24, 2021
Those with good-paying jobs who’ve discovered the benefits of working from home are the ones who are most-likely fueling the ferocious demand – especially in what’s now the $1,000,000-$2,000,000 starter-home range between La Jolla and Carlsbad (can’t believe that I just said that). Evaluating the economic impact of “social distancing” measures taken to arrest the […].
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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
MARCH 24, 2021
Is it possible that the Hotel Bossert in Brooklyn Heights is finally opening? The hotel, located at 98 Montague Street, recently popped up on the website of IHG Hotels & Resorts, complete with images of newly refurbished rooms. It has also started to appear on hotel booking sites, with details such… Read More > The post Sites Show Long-Awaited Rooms at Hotel Bossert, Tease Possible Opening Date of April 30 appeared first on Brownstoner.
RIS Media
MARCH 24, 2021
Pent-up demand from the COVID-19 pandemic means this year’s spring buying season is coming in hot. It’s important to prepare yourself and your business to handle every situation with the highest level of care, safety and professionalism. The real estate coaches at Buffini & Company have been helping their clients come up with strategies to win in this unique real estate market.
Brownstoner
MARCH 24, 2021
During the recent webinar “All You Need to Know About Mortgage Financing," mortgage originator Barry Koven talked about the valuable financial tools that are available to buyers. The free webinar, part of the Brownstoner Home Events series, can be viewed here. [link]. Koven, branch manager and renovation specialist at loanDepot, spoke about… Read More > The post In This Video, Mortgage Guru Shares Best Tips for Reno Loans, Locking Rates, Sticky Situations appeared first on Brownstoner.
The Mortgage Report
MARCH 24, 2021
An assumable mortgage lets you take over an existing loan at its current interest rate and terms. When is an assumable mortgage a good idea?
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.
First Team Real Estate
MARCH 24, 2021
Maria Casas was first put in touch with Sean Amman, a 95% disabled veteran, five years ago when he was searching for a real estate agent to help him find a rental property for his family of four. After retiring from the Marines, he relied on his family support plan to help with the transition to civilian life, but unfortunate circumstances forced him and his family to become homeless.
RIS Media
MARCH 24, 2021
Ahead of releasing the Top 1,000 Power Brokers in its 33rd Annual Power Broker Report, RISMedia announces the Top 100 Power Brokers for 2021, ranked by 2020 residential sales volume. The Top 100 includes some noteworthy shifts in rank and some new entrants to the list, not surprising in a year that witnessed unimaginable change in every area of life and business.
Brownstoner
MARCH 24, 2021
St. Marks Avenue in Crown Heights was once the place for Brooklyn's wealthy to make an architectural statement with their grand homes, and this 1890s limestone is an intriguing slice of that history. A sales listing showing mantels, stained glass, wainscoting, moldings and coffered ceilings galore hints at the past… Read More > The post Opulent Crown Heights Limestone With Jaw-Dropping Details, SRO History Asks $3.38 Million appeared first on Brownstoner.
RIS Media
MARCH 24, 2021
Fathom Holdings Inc., a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty, LLC, recently announced financial results for the 2020 fourth quarter and full year ended Dec. 31, 2020. Fourth Quarter 2020 Financial Results. Revenue for the 2020 fourth quarter increased 61% to $53.4 million, from $33.2 million for the prior-year period.
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.
Brownstoner
MARCH 24, 2021
Editor’s note: Welcome to the Brownstone Boys Reno, a reader renovation diary about renovating a brownstone in Bed Stuy. See the first one here. They also blog at www.thebrownstoneboys.com. In many old houses, walls and floors are not straight, level or square. It’s something you learn to live with and occasionally… Read More > The post Brownstone Boys: The Lowdown on Leveling Floors appeared first on Brownstoner.
RIS Media
MARCH 24, 2021
Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® (NAR) to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor. One third of NAR members have felt unsafe during an open house or a showing.
Point2Homes
MARCH 24, 2021
Image: Photographee.eu / Shutterstock.com. Gallery walls are one of those classic design features that never really go out of style. But as great as they are, they can also be a bit tricky to pull off successfully. If you’ve ever tried to create a gallery wall and couldn’t get it quite right, you’re not alone. We’re here to let you in on a little secret, just like the perfect coffee table vignette , there’s a formula for the perfect gallery wall.
RIS Media
MARCH 24, 2021
Insiders and outsiders to our industry have ignited a fire under traditional brokerage models. By some accounts, more than 60% of our nation’s brokerages now operate non-traditional service delivery and agent compensation models. These marketplace “transformers” are greatly enabled by massive inflows of investment capital, enabling heavy investment in technology solutions for agents, brokerage leaders and consumers.
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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.
Brownstoner
MARCH 24, 2021
In the News City Creates Group to Dismantle Structural Racism [NYT] State Program to Outfit Offices Like MetroTech With COVID Testing [BP] Three Dolphins Spotted in East River Near Greenpoint [Gothamist] Will 'Affordable' Units at Largest Pacific Park Tower Go to the Well Off? [Bklyner] Calls Grow to End 11 p.m. Curfew on Restaurants and… Read More > The post Daily Links: De Blasio Forms Racial Justice Commission to Help ‘Dismantle Structural Racism’ appeared first on Brown
RIS Media
MARCH 24, 2021
Many homeowners are concerned about the possibility of asbestos in the home and the health hazards associated with it. And that’s with good reason—breathing asbestos fibers over a long period of time can lead to asbestosis, lung cancer and mesothelioma. For years, asbestos was widely used in various building materials such as wall and ceiling insulation, vinyl flooring, insulation for heating ducts, pipe wrap for water heating systems, roof tiles, acoustic ceiling tiles, and much more.
The American Genius for Real Estate
MARCH 24, 2021
(REAL ESTATE TECH NEWS) Motion, the acclaimed time-saving browser app, is now available on Firefox. Keep yourself organized and accountable, right in your browser. The post Boost your web productivity with Motion, now available on Firefox appeared first on The American Genius Real Estate.
RIS Media
MARCH 24, 2021
Continue to Maximize the Valuable Tools and Systems Built Over the Past Year. While many agents, brokers and the overall industry have enjoyed remarkable success over the past year, there is no denying that the manner in which we all operated was challenging. State mandates, suggested guidelines and personal comfort levels all contributed to an environment where agent and broker interaction was largely relegated to virtual engagement—Zoom meetings, emails and phone calls.
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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