Tue.Jul 19, 2022

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Fewer Listings = Fewer Sales

BubbleInfo

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 […].

Sales 88
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Milo reaches $10M crypto-mortgage milestone

Housing Wire

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

Mortgages 424
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Why Pre-Approval Is a Game Changer for Homebuyers

Keeping Current Matters

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.

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loanDepot sues CrossCountry for “poaching” high-performing LOs in New York

Housing Wire

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.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Ignore TikTok to your own peril – new data says your next clients are there

The American Genius for Real Estate

TikTok has been dominating the social media sector since the pandemic, and studies show it officially beat out YouTube for total time spent. The post Ignore TikTok to your own peril – new data says your next clients are there appeared first on The American Genius Real Estate.

Marketing 119

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Inside a Waterfront Home in West Palm Beach

Sotheby's International Real Estate

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.

Brokerage 111
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Baron Silverstein on his leadership approach and the recent Caliber acquisition

Housing Wire

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.

Loans 393
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Five-star living: Private residences at the Four Seasons in Los Angeles are up for grabs

Fancy Pants Homes

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.

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State of the mortgage industry half-time report

Housing Wire

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.

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Turn any text, link, or tweet into a gorgeous Instagram post

The American Genius for Real Estate

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.

Branding 105
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FHFA opens fintech office and seeks feedback on mortgage fintech

Housing Wire

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.

Mortgages 382
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How and When to Buy Foreclosure Property

Realty Biz

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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Don’t Fall For These 6 Real Estate Scams

McKissock

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.

Loans 98
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Tips for a Better Credit Score to Lower Mortgage Payments

Realty Biz

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

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Cafe and Plant Store Botani Preps to Open on Bed Stuy Corner

Brownstoner

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.

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4 Things to Consider When Choosing a Selling Agent

Realty Biz

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.

Agents 87
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Two-Bedroom in Fort Green Italianate With Marble Mantel, Outdoor Space, Laundry Asks $1.25 Million

Brownstoner

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.

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Heat Wave Prep for Homeowners

RISMedia

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.

Design 121
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Brooklyn Real Estate Listings Six Months Later: All Four Sold

Brownstoner

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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Coldwell Banker Realty Sales Associates Honored Among Top Latino Real Estate Agents In The USA For 2022

Coldwell Banker

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.

Agents 77
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Daily Links: Mayor’s Plan to Boost Affordable Homeownership Includes More Repair Help

Brownstoner

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

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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How to generate seller leads in a tight inventory environment

Real Trends

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.

Agents 76
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Who’s Moving to San Diego

BubbleInfo

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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Selling to Gen Z – what you need to know

Real Trends

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.

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Are millennials to blame for inflation?

Realty Biz

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”.

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5 Data Proven Ways Agents Can Do 18% More Business

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.