Keeping Current Matters

OCTOBER 5, 2023

The increasing effects of natural disasters are leading to new obstacles in residential real estate.

Residential 224

Residential Marketing 224

Housing Wire

OCTOBER 5, 2023

Mortgage rates kept climbing this week as spreads on the 10-year Treasury yield widened, reaching a 16-year high. Freddie Mac ‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.49% as of Oct. 5th, up 18 basis point from last week ’s 7.31%. By contrast, the 30-year fixed-rate mortgage was at 6.66% a year ago at this time.

Fixed-rate mortgage 450

Fixed-rate mortgage Mortgages MLS Loans 450

Real Estate News

OCTOBER 5, 2023

The FHFA's second quarter report found that home values increased the most in states that aren't typically thought of as hot markets.

Marketing 264

Marketing 264

Housing Wire

OCTOBER 5, 2023

The real estate market in China, both commercial and residential, have been unwinding over the last few years. Like a slow-motion train wreck at first, it is now definitively off the rails and heading over a cliff. Following a pattern eerily similar to the U.S. in 2008 and 2009. Lax lending standards and cheap credit, plus a popular belief that real estate values never decline, created a massive bubble.

Marketing 432

Marketing Residential Investor New Construction 432

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Agents

Real Estate News

OCTOBER 5, 2023

The average weekly mortgage rate leapt up again this week, and 8% "does not seem unlikely.

Mortgages 293

Mortgages 293

Housing Wire

OCTOBER 5, 2023

As Compass looks to strengthen its presence in Northern California , it is welcoming back a familiar face. The Robert Reffkin -helmed firm is welcoming back Bob Gerlach, who retired from the brokerage in 2021, according to an announcement on Wednesday. Gerlach is joining Compass as a sales manager supporting brokerage professionals in the Palo Alto market as part of the firm’s management team. “We’re seeing a lot of real estate professionals return to Compass after a short stint away

Industrial 421

Industrial Brokerage Agents Sales 421

Housing Wire

OCTOBER 5, 2023

Industry-leading lender Movement Mortgage will become an “early adopter” of FICO Score 10 T, the updated credit scoring model designed to take advantage of trended data information to help expand mortgage approval rates. Movement will employ FICO 10 T “to analyze their non-conforming loans, in conjunction with the classic FICO Scores,” the company said in a joint announcement with FICO.

Loans 421

Loans Mortgages Lending Finance 421

Inman

OCTOBER 5, 2023

Dana Cadena takes a deep dive into the latest industry trends and best practices and shares advice on how to rise above the noise and create opportunities in today's market.

Marketing 187

Marketing Industrial Agents 187

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. Between the summer of 2019 to date, there have been at least 26 securitization deals backed by home equity products valued in total at some $6.1 billion, according to a review of bond-rating and industry reports.

Equity 421

Equity Purchase and sale agreement Marketing Lending 421

Inman

OCTOBER 5, 2023

Palmquist joined eXp's Michael Valdes on stage to talk recruitment at ICLV over the summer. Now, he's taking his 30-member team to eXp as the brokerage's new director of growth for California.

Land 184

Land Staging Brokerage Industrial 184

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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

Housing Wire

OCTOBER 5, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. Sarah Wheeler: The cost to originate a mortgage is higher than ever, while companies have invested more in technology than ever before. What is the disconnect there? Adam Carmel: Since the great financial crisis there are certain things that lenders and banks have to spend money on today that have created more costs to their busi

Technology 421

Technology Lending Mortgages Industrial 421

Inman

OCTOBER 5, 2023

While you want to do what’s best for your team, sometimes helping can hurt. New Inman contributor Beverly Jacobo offers insights for assisting agents without rewarding bad behavior.

Agents 176

Agents Brokerage 176

Housing Wire

OCTOBER 5, 2023

The Asian Real Estate Association of America (AREAA) shared its annual “A-List” on Monday. Shirley Gary, Tracy Allen, Realty Group , and the Advanced Super Team ranked highest in AREAA’s real estate sales list, while Shashank Shekhar and Joanna Yu topped the loan originators rankings. When added-up together, the A-List honorees generated more than $15.4 billion in sales volume from 20,472 transaction sides in 2022.

Loan Officer 420

Loan Officer Mortgages Loans Banks 420

Inman

OCTOBER 5, 2023

Lender Price CEO Dawar Alimi breaks down the impact of AI on mortgage lending, how it's making it quicker and smarter and what's to come.

Mortgages 190

Mortgages Lending Banks Technology 190

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Sales

Housing Wire

OCTOBER 5, 2023

The No. 1 brokerage in the country by transaction side count is getting bigger. Troy Palmquist is bringing his team of nearly 30-agents at DOORA Properties over to eXp Realty from white-label firm Side. “Joining a new brokerage company can be both an exhilarating and nerve-wracking experience, but, it’s precisely this sense of venturing into the unknown that I’m excited about.

Brokerage 410

Brokerage Development Agents Industrial 410

Inman

OCTOBER 5, 2023

It's not just how your marketing looks, it's how it performs. According to broker-owner Eric Bramlett, in performance marketing, results reign supreme.

Marketing 180

Marketing Agents 180

Housing Wire

OCTOBER 5, 2023

Sue Yannaccone and Sherry Chris are teaming up to launch Balance Blueprint , a new campaign from What Moves Her. Founded in 2020 by Yannaccone, who is the president and CEO of Anywhere Brands and Anywhere Advisors, What Moves Her is an advocacy organization with the goal of helping women in real estate develop their leadership skills and achieve their professional development goals.

Branding 407

Branding Development Industrial As-is 407

Inman

OCTOBER 5, 2023

Scott Degnan, California division president of Jason Mitchell Group, offers advice and insights on the advantages of working with a team.

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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

Housing Wire

OCTOBER 5, 2023

The implementation of more careful loan screening procedures has contributed to lower levels of risk for mortgage fraud. Mortgage application fraud declined 3.1% year-over-year in Q2 of 2023 compared to the second quarter of 2022, according to CoreLogic Mortgage Fraud Report. However, they increased slightly(+1.6%), from Q1 to Q2 2023. Overall, in the second quarter of 2023, 0.75% of all mortgage applications were estimated to contain fraud, it equates to about 1 in 134 applications.

Mortgages 406

Mortgages Loans Investor Industrial 406

Inman

OCTOBER 5, 2023

Find out how The Agency North Vancouver's co-managing partners focus on collaboration and connection as they build their brokerage.

Brokerage 176

Brokerage 176

Eye on Housing

OCTOBER 5, 2023

NAHB analysis of the 2022 American Community Survey data shows that New Jersey leads the nation with the highest average annual real estate tax (RET) bill ($9,285)—$8,425 more than yearly property taxes paid by Alabama’s homeowners ($860). The size of this disparity grew 1.1% in 2022 and has increased 9.3% since 2017. Vermont was the only state for which the.

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Inman

OCTOBER 5, 2023

Supposedly fire-resistant homes newly constructed in Calaveras County are being built with magnesium sourced from Canada.

Construction 180

Construction New Construction 180

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

RIS Media

OCTOBER 5, 2023

In the intricate world of real estate transactions, the terms “under contract” and “pending” are frequently used to depict the status of a home sale. While both signify that a buyer and seller have agreed upon the sale terms, subtle distinctions exist between them. Nonetheless, the disappointment of seeing a home sale crumble before reaching… The post Common Reasons Homes Fall Out of Contract appeared first on RISMedia.

Sales 137

Sales Inspection Industrial Agents 137

Seattle Times Real Estate

OCTOBER 5, 2023

The stretch of Rainier Avenue where the iconic store Mutual Fish recently closed looks very different from five years ago. And more change is coming.

Closing 138

Closing 138

Inman

OCTOBER 5, 2023

Nearly 1 in 4 homes that were overpriced at listing will end up being delisted in the slower fall months, according to a new report.

Agents 138

Agents Marketing 138

RIS Media

OCTOBER 5, 2023

In this month’s edition of Great Spaces, take a closer look at the next frontier of residential real estate, where luxury and natural beauty meet to offer the best of mountain living. Property Highlights: Where: Driggs, Idaho Listing Price: Starting at $750,000 Features: The ultimate adventure home, the Basecamp Cabin at Tributary measures in at… The post Modern Mountain Living In Idaho appeared first on RISMedia.

Residential 120

Residential Industrial 120

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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

Brownstoner

OCTOBER 5, 2023

On the first floor of an early 20th century house in Caton Park in Flatbush, this roomy one-bedroom has windows on all sides and charming Edwardian details such as stained glass, wood floors, and a bit of wainscoting. Carved out of the four main rooms of the foursquare standalone, the apartment… Read More > The post Caton Park Floor-Through With Porch, Office, Storage, Backyard Asks $2,500 a Month appeared first on Brownstoner.

Marketing 105

Marketing 105

RIS Media

OCTOBER 5, 2023

Home improvement has always been a big part of homeownership, however that part has been growing as of late. In the past 12 months, 68% of homeowners started or completed home improvement projects, while 63% plan to begin one in the next year, according to a new report from LendingTree. LendingTree’s latest report surveyed 2,200… The post Majority of Homeowners Are Tackling Home Improvement Projects appeared first on RISMedia.

Renovation 117

Renovation Industrial Marketing 117

Brownstoner

OCTOBER 5, 2023

By Melissa Fishman, Brooklyn Paper Next week, Brooklyn’s iconic Green-Wood Cemetery will unveil a new artist installation and community altar to mark Día de los Muertos. Día de los Muertos, or Day of the Dead, is a revered holiday celebrated in many Hispanic cultures throughout Mexico and Latin America and is deeply… Read More > The post New Art Installation at Green-Wood Cemetery Marks Día de los Muertos appeared first on Brownstoner.

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RIS Media

OCTOBER 5, 2023

Home prices rose in September as inventory remains challenged, according to a new report from Realtor.com. Active inventory remained below pre–pandemic levels, although the number of homes for sale increased month-over-month, contrary to typical seasonal trends but attributable to the unusual bump in new listings in August. Realtor.com’s Monthly Housing Trends Report for September found… The post Home Prices Rise as Inventory Crunch Continues appeared first on RISMedia.

Sales 117

Sales Industrial Marketing 117

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.

Sales