BubbleInfo
JULY 19, 2022
The latimes continued their assault on the truth today. The number of homes for sale has a major impact on the number of sales. What we’ve had is an inventory problem, yet they make no mention of it here: Southern California home prices and sales edged lower in June from the month before, adding to […].
Housing Wire
JULY 19, 2022
real estate investors and affordable homes. The June housing starts data beat estimates with positive revisions, however, this doesn’t change the housing market recession call that I made last month. Knowing that the housing cycle was at risk back in March of this year when the 10-year yield broke above 1.94%, I was mindful of when I was going to raise the fifth recession red flag.
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Keeping Current Matters
JULY 19, 2022
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey.
Housing Wire
JULY 19, 2022
Miami-based fintech Milo has closed $10 million in cryptocurrency mortgages since unveiling the product earlier this year, the company announced early Tuesday. The lender’s 30-year crypto mortgage is designed to make it easy for investors to use their digital holdings to acquire homes in the U.S. Through the crypto-lending program, Milo allows borrowers to pledge cryptocurrency through regulated custodians — crypto platforms such as Coinbase or Gemini — and thereby finance as much as 100 percent
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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.
Eye on Housing
JULY 19, 2022
Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family housing market. For the first time since June 2020, both single-family starts and permits fell below a one million annual pace. Overall housing starts fell 2.0% to a seasonally adjusted annual rate of 1.56 million units in June from an.
Housing Wire
JULY 19, 2022
Adjusting to today’s market can be dizzying after the last few years of historically low interest rates and high refinance business. However, the lenders and loan officers who will be most successful in the second half of 2022 will be those who pivot quickly, understanding both the nuances of the market and the best strategies to help solve problems for today’s homeowners, homebuyers, homesellers, Realtors and financial advisors.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JULY 19, 2022
The HousingWire award spotlight series highlights the individuals who have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Vanguards are now open through Friday, July 22, 2022. Click here to nominate someone. Each year, HousingWire ’s Vanguards recognize a list of elite players in the industry who have made it to the top and are now dominating the housing economy.
Sotheby's International Real Estate
JULY 19, 2022
Named for a legendary Medieval Spanish knight, West Palm Beach’s El Cid enclave lives up to its bold moniker. El Cid is peppered with homes featuring 1920s Moorish-influenced architecture—including barrel-tiled roofs and ironwork railings—and streets with names like Granada and Valencia that radiate elegantly from Flagler Drive, which winds along the broad Intracoastal Waterway.
Housing Wire
JULY 19, 2022
The Department of Housing and Urban Development said it is “looking very hard” at how to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal. In April, HUD signaled it would take on the issue. But a senior HUD official in mid-July stated the obstacles to providing small-dollar mortgages, instead of giving solutions. “It’s hard to get lenders to make small mortgages, because quite honestly the economics of the whole b
The American Genius for Real Estate
JULY 19, 2022
If you have wondered how to share the same ad across multiple social platforms, Remix is your answer for the brand unity every company needs. The post Turn any text, link, or tweet into a gorgeous Instagram post appeared first on The American Genius Real Estate.
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.
Housing Wire
JULY 19, 2022
Anthony Hsieh, founder and CEO of loandepot. Even in a downturn, the loan officer recruiting wars remain fierce. Beleaguered nonbank lender loanDepot is suing rival lender CrossCountry for allegedly dozens of poaching high-performing loan officers from its New York branches. They’re at least the third lender to sue CrossCountry for poaching over the last two years.
Brownstoner
JULY 19, 2022
While its compact footprint could challenge a small family of committed minimalists, nonetheless this two-bedroom, one-bathroom co-op on the penultimate floor of a Fort Greene townhouse checks a lot of boxes. There are high ceilings, wood floors, big windows and original moldings. The living room has space for dining and… Read More > The post Two-Bedroom in Fort Green Italianate With Marble Mantel, Outdoor Space, Laundry Asks $1.25 Million appeared first on Brownstoner.
Housing Wire
JULY 19, 2022
Fannie Mae and Freddie Mac ’s regulator imagines a future where, perhaps through artificial intelligence and machine learning, errors in mortgages are identified in real time before a loan is closed. Automating compliance could make eligibility, as well as pricing and pooling decisions, and verify and validate that information. But that scenario is a long way off.
Brownstoner
JULY 19, 2022
This week, a look back at four of our featured listings from six months ago focuses on homes in Flatlands, Bay Ridge, Dumbo and Prospect Lefferts Gardens. How did they fare? For the buyer who can see the potential in this estate-condition brick Tudor in Flatlands, a thoughtful renovation could give… Read More > The post Brooklyn Real Estate Listings Six Months Later: All Four Sold appeared first on Brownstoner.
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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.
Housing Wire
JULY 19, 2022
New home purchase applications dropped 12% year over year in June due to higher mortgage rates and economic uncertainty, according to the builder application survey from the Mortgage Bankers Association (MBA). Month over month, application volume dipped by 10%. . New residential construction and permitting activity weakened from March through May, which reduced the number of homes available for home buyers, according to survey results.
Fancy Pants Homes
JULY 19, 2022
When it comes to luxurious accommodations, it doesn’t get much more upscale than the Four Seasons. If you’re planning a trip and you don’t know where to stay, finding a local Four Seasons is like getting a guaranteed five-star experience. And if you’re looking for long-term luxurious living in L.A. , the Four Seasons has a swanky new solution: a collection of private residences set in the very heart of the City of Angeles.
Housing Wire
JULY 19, 2022
Stewart Title of Louisiana is expanding its support for commercial real estate transactions, through the addition of Ashley Coco as the firm’s Louisiana underwriting counsel, it announced Tuesday. Representatives of Stewart said Coco with provide title agents within the Stewart Trusted Provider Network with underwriting support and solutions for their title insurance transactions within the state of Louisiana.
Realty Biz
JULY 19, 2022
This article might be premature because across most of the country home sales continue happening rapidly. However, ATTOM (real estate data) released comprehensive foreclosure data for the first quarter of 2022 showing a total of 78,271 U.S. properties with a foreclosure filing. The trend is up 39% from the previous quarter and up 132% from a year ago.
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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.
Brownstoner
JULY 19, 2022
Not long after Michael Angeles’ mother immigrated to the United States from the Philippines, she got a Monstera plant. Now more than 40 years old, that plant still lives at her home and a cutting grows in Angeles’ Bed Stuy apartment. His cutting has also spawned a number of other… Read More > The post Cafe and Plant Store Botani Preps to Open on Bed Stuy Corner appeared first on Brownstoner.
Realty Biz
JULY 19, 2022
Along with having a down payment, your credit score is probably the most important factor for a home mortgage. Just like saving a down payment, it can also take some time to repair your credit score if you need to or improve it to obtain a better interest rate that translates into a lower monthly mortgage payment. With home prices as high as they are today and with interest rates hovering between 5.5% and 6.3%, managing your credit score is critically important for both qualifying for a mortgage
Brownstoner
JULY 19, 2022
In the News Putting Family First, in a Pandemic and at a Price [NYT] Chick-Fil-A to Open Stand-Alone Branch Near Brooklyn College [NYP] Alliance for Coney Island Presents First Annual Classic Car Show [BP] Wyatt Cenac and Donwill Shop for the Blaxploitation Sound [New Yorker] Polonia Bookstore Asks for Support From the Community [Greenpointers] Hochul Increases… Read More > The post Daily Links: Mayor’s Plan to Boost Affordable Homeownership Includes More Repair Help appeared fir
McKissock
JULY 19, 2022
Getting involved in real estate can be both rewarding and lucrative. Whether you’re a novice home flipper, a licensed professional or fall somewhere in the middle, real estate done right can be financially life-changing. If you’re looking to rent a property or potentially buy a home, there are countless resources and websites to use to narrow down your search.
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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.
Coldwell Banker
JULY 19, 2022
New Jersey/New York Real Estate Agents Recognized by NAHREP. The post Coldwell Banker Realty Sales Associates Honored Among Top Latino Real Estate Agents In The USA For 2022 appeared first on Coldwell Banker Blue Matter.
RISMedia
JULY 19, 2022
By Brentnie Daggett, Rentec Direct Summer is in full swing, and here in my home state of Oregon we’ve already experienced our first heat wave of 2022. Our homes have long been designed to protect us from the cold and the elements, but what about high temperatures? Many homeowners may not realize that extreme heat […]. The post Heat Wave Prep for Homeowners appeared first on RISMedia's Housecall.
Coldwell Banker
JULY 19, 2022
Connecticut Real Estate Agents Recognized by NAHREP. The post Coldwell Banker Realty Sales Associates Honored Among Top Latino Real Estate Agents In The United States For 2022 appeared first on Coldwell Banker Blue Matter.
Realty Biz
JULY 19, 2022
Selling your home is a major decision that can affect your investments and savings for months to come. If you bought a home as an investment and spent a considerable amount of money on upgrades, you’re surely looking for ways to cash in on both your upgrades and the capital appreciation from the time you bought the property. This is why it’s crucial to choose a selling agent who can make things happen for you and find the right buyer at your price.
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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.
Real Trends
JULY 19, 2022
It’s no secret that the housing industry is facing inventory challenges right now. The most recent data from NAR indicates there is a 2.6-month supply of inventory in the US. A balanced market is 4.5 months, which means most areas will have to increase active listings by nearly two-fold to return to normal industry levels. Until then, the industry will continue to face competition for listings, especially for highly desirable properties that are priced to sell.
Realty Biz
JULY 19, 2022
Rising inflation is being blamed on the high commodity and energy prices triggered by supply chain problems and the war in Ukraine, but one investor argues there’s another factor at play – millennials. In an interview on CNBC’s Squawk Box Europe , Smead Capital Management’s chief investment officer Bill Smead said one of the problems facing the U.S. economy today is that there are “too many people with too much money” who are chasing “too few goods”.
Real Trends
JULY 19, 2022
A couple of decades ago, the idea of kids owning houses would have raised a few eyebrows; today, not so much. Gen Zers register far less restraint than preceding generations and it shows in their thirst for home ownership. Granted there are far fewer of them on the charts right now, but the indications are strong. In fact, as early as 2026, the number of Gen Z homeowners could be totaling 29 million.
BubbleInfo
JULY 19, 2022
Angelenos are migrating to San Diego and San Antonio at higher rates than a year earlier as folks living in the large metro are seeking to stretch their dollar farther elsewhere, according to data from Redfin. Out-of-state migrators heading to San Diego are most commonly from Seattle. San Diego made RedFin’s top 10 popular migration destinations […].
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