Tue.Feb 01, 2022

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Private-label market wraps up January with a roar

Housing Wire

J.P. Morgan Mortgage Trust , the securitization conduit for financial giant JPMorgan , recently issued a $2 billion offering backed by a pool of jumbo loans — capping off a vibrant first month of 2022 for the overall private-label market. At least 25 transactions collateralized by more than 27,000 mortgages valued at $14.3 billion hit the market in January, based on an analysis of the flurry of bond-rating reports published over the month.

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Why a Move Could Bring You More Happiness This Year

Keeping Current Matters

Over the past two years, we’ve lived through one of the most stressful periods in recent history.

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CoreLogic: home price appreciation will cool in 2022

Housing Wire

Home prices across the nation climbed 18.5% year-over-year in December, according to a monthly report published by CoreLogic. On a month-over-month basis, home price gains rose by 1.3% in December 2021 compared to November. Consumer desire for homeownership paired with a low supply of for-sale homes were the main contributors to a red-hot housing market in 2021.

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Canada’s Real Estate Bubble Has Grown Over 800% Faster Than US Home Prices

Better Dwelling

Canadian real estate prices are some of the fastest growing in the world, and have been for some time. The US Federal Reserve (the Fed) updated its real home price index for Q3 2021. All G7 countries are seeing home price growth, but nowhere is quite like Canada. In Canada, real estate prices have grown […]. The post Canada’s Real Estate Bubble Has Grown Over 800% Faster Than US Home Prices appeared first on Better Dwelling.

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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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LoanDepot’s profit in Q4 drops 91% to $14.7M

Housing Wire

California-based loanDepot greatly increased loan origination volume in 2021, which guaranteed gains in marketshare compared to its competitors. But the multichannel lender’s gain-on-sale margin and net income fell significantly in the fourth quarter, reflecting changing market conditions. Overall, net income for the mortgage lender decreased all the way down to $623.1 million in 2021, compared to $2 billion the previous year.

Loans 370
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December Gains for Private Residential Spending

Eye on Housing

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in December after an increase of 0.7% in November 2021. Spending stood at a seasonally adjusted annual rate of $810.3 billion. Total private residential construction spending was 15.0% higher than a year ago. These monthly gains are attributed to the strong growth of spending.

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Electronic Signatures and Authorizations in the Rental Industry

GeekEstate

While the concept of electronic signatures and authorizations was around well before the COVID-19 pandemic, the last couple of years has certainly shined a new light on these kinds of digital transactions. Data shows that tenants with online rent payment options have remained more likely to pay rent on time and in full throughout the social distancing and stay-at-home orders of the pandemic, and the rental industry as a whole has adopted many other virtual practices to keep things running smooth

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Class Valuation continues its acquisition spree

Housing Wire

Class Valuation , one of the largest appraisal management companies in America, just made another acquisition. The AMC announced late last week that it has acquired fellow Detroit-based AMC Metro-West and its subsidiary Valuation Link. In a press statement, Class Valuation said Metro-West, founded in 1987, is the largest independent residential appraisal firm in the country, with staff appraisers in over 80 U.S. metros.

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Could Bitcoin Real Estate Transactions Become Mainstream?

RIS Media

With the rising normalization of cryptocurrencies in our marketplaces, it’s no surprise that crypto has found its way into real estate. In fact, the first commercial property in New York has been put on the market exclusively for Bitcoin—29 million dollars’ worth, to be exact. With how quickly the crypto wave is catching on in general (approximately 13% of Americans bought or traded cryptocurrency in 2021), now is the time to study how crypto technology can potentially be used to ben

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7 Things Real Estate Agents Wish the Groundhog Could Predict

Lighter Side of Real Estate

Punxsutawney Phil peeks out of a hole once a year, and people wait with anticipation to see if there’s going to be another six weeks of winter, or if spring will come early. You’d think real estate agents would be more interested than most people as to whether spring is right around the corner. But many agents aren’t even doing business in areas that are all that affected by winter weather.

Agents 102
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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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Their Success Is Your Success: How to Motivate and Produce High-Performance Results From Your Team

RIS Media

Let’s face it, the speed of the leader (you) determines the rate of the pack (your sales team). The number one task for team leaders is to put their agents in a position to succeed. Everything about your team member’s success is based on the environment, pace and direction you give them every day and every week. Not providing direction translates into subpar and lackluster results, which turns into frustration from your agents who then ultimately, find another job.

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Top 10 Winter Plants for Your Garden

Point2Homes

Keeping your garden looking stunning during the cold season can be a challenge. But, with the right winter plants, you can enjoy gorgeous blooms even as the snow falls. Here are our picks for ten cold-hardy perennials and one annual plant, guaranteed to make your garden pop with color in winter. Snowdrops. Image: Peter Milto / Shutterstock.com. Snowdrops are usually associated with springtime, but did you know they can bloom as early as December?

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The List Is Out: RISMedia Announces 2022 Real Estate Newsmakers

RIS Media

RISMedia is excited to announce its 2022 list of Real Estate Newsmakers. This year’s honorees are a dynamic group of individuals who experienced a truly unique set of circumstances in 2021: they navigated the peaks and valleys of challenges that lingered from the ongoing pandemic while also riding the wave of a low-inventory-induced market frenzy to a new crest.

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Inside an Elegant Manor in Tanglewood

Sotheby's International Real Estate

Houston’s exclusive enclave of Tanglewood, which originated in the 1940s, was quickly recognized as one of the best conceived neighborhoods in the United States. As part of its master plan, each home would be accompanied by two large oak trees, and three oaks were planted on every corner. Today Tanglewood is widely recognized as one of Houston’s most renowned areas—as well as one of its most desirable.

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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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Upward Trend in Annual Home Price Appreciation Continues

RIS Media

Consumer demand coupled with low residential inventory created one of the hottest housing markets in decades last year. It was a record-breaking year for home price growth. According to new data from CoreLogic’s Home Price Index (HPI) and HPI Forecast for December 2021, price appreciation averaged 15%, up from the 2020 full year average of 6%. Home price appreciation began 2021 at 10% in the first quarter, steadily increasing and ending the year with an increase of 18% for the fourth quarter, a

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Notorious POD, Ep 35: Housing Market and Metaverse with Keith Robinson, Nexthome

Notorious ROB

A great pleasure to be able to record a conversation with my good friend Keith Robinson, Chief Strategy Officer of Nexthome. We actually argue quite a bit about all kinds of topics, and this was a public capture of discussions we have privately. It turns out that friends can have healthy back-and-forth debates and learn. Read more. The post Notorious POD, Ep 35: Housing Market and Metaverse with Keith Robinson, Nexthome appeared first on NotoriousROB.

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Arcapita Acquires Nationwide Property and Appraisal Services

RIS Media

Nationwide Property and Appraisal Services, one of the nation’s largest independent appraisal management companies, is under new ownership. On Feb. 1, global investment firm Arcapita Group Holdings announced that it would be assuming “significant controlling interest” of the company. Nationwide serves mortgage lending institutions across all 50 states from funds associated with Corridor Capital, LLC, a lower middle-market private equity firm.

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Brooklyn Neighborhoods With the Most Value, According to Real Estate Insiders

Brownstoner

Which neighborhoods will offer the most value in 2022 and why? We asked real estate professionals at Brown Harris Stevens. Here's what they told us: Ban Leow, BHS real estate agent: Ocean Hill, East New York and Brownsville offer some bargains. There are beautiful properties in Cypress Hills, such as on Highland… Read More > The post Brooklyn Neighborhoods With the Most Value, According to Real Estate Insiders 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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New Tool to Evaluate Radon-Related Lung Cancer Risk and Policy Responses by State

RIS Media

The American Association of Radon Scientists and Technologists (AARST) has launched the Radon Report Card, a tool for viewing, by state, the latest available data on radon-induced lung cancer risk and current state policies that help reduce risk, the organization has announced. The Radon Report Card will assist consumers, policymakers, public health advocates, soil gas professionals, radon programs, researchers, and other health and housing stakeholders in accomplishing expanded and improved eff

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Packers QB Aaron Rodgers Has a Mansion Portfolio Worthy of an MVP

Realtor.com

Getty Images / Realtor.com After Aaron Rodger s ’ season with the Green Bay Packers came to an abrupt end, he was left with plenty of time time to consider his future—when it comes to his real estate. Drama has swirled around the star quarterback, both on and off the field. Rodgers found himself mired in controversy last November, after it came to light that he had opted against receiving a COVID-19 vaccine, and later tested positive for the virus.

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NAR Calls on REALTORS® to Apply for the 2022 Good Neighbor Awards

RIS Media

The National Association of REALTORS ® is now accepting applications for the 2022 Good Neighbor Awards , the organization has announced. The program recognizes REALTORS ® who have made an extraordinary impact in their communities through volunteer service. Five winners will each receive a $10,000 grant for their nonprofit organization and will be recognized at the November 2022 REALTORS ® Conference & Expo in Orlando, earning travel expenses to the event and considerable media exposure f

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Built in 1710, a New York Country Estate Is the Week’s Oldest Home

Realtor.com

Realtor.com A stone Colonial dating to 1710 in upstate New York is the oldest home to hit the market this week on Realtor.com®. Beamed ceilings and a Rumford fireplace offer glimpses of this home’s history, while updates include an eat-in kitchen, modern bathrooms, and an in-ground pool. Whether you are a history buff or simply appreciate the charm of a vintage home, this beauty on nearly 70 acres in Ulster County provides a serene escape.

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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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Does Your Team’s Atmosphere Need Fresh Air?

RIS Media

I live in the Salt Lake valley, and I love it. Utah is known for having “the greatest snow on Earth,” and every winter my whole family looks forward to getting out on the slopes to ski and snowboard. One of the best parts of living in the Salt Lake valley is that the mountains are so close. It’s only a few minutes’ drive to go play at the ski resorts, and the snow-covered mountains that surround us make a beautiful sight during the winter.

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ASIAN REAL ESTATE ASSOCIATION OF AMERICA ELEVATES EXECUTIVE DIRECTOR HOPE ATUEL TO CHIEF EXECUTIVE OFFICER

Realty Biz

The Asian Real Estate Association of America , a national nonprofit trade organization focused on improving the homeownership rates of the Asian-American Pacific Islander (AAPI) community, has announced the change of Hope Atuel’s title from Executive Director to Chief Executive Officer. . Asian Real Estate Association Of America. AREAA president Tim Hur and the Executive Committee voted unanimously to elevate Atuel’s role in recognition of her many important accomplishments to the organization

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BHHS Florida Network Realty Charity Event Raises Over $24,000 for Local Groups

RIS Media

Berkshire Hathaway HomeServices Florida Network Realty’s Luminaria 2021 event, held during the holidays, raised $24,577 for Pine Castle and other local charities in the Northeast Florida area, the company announced this week. “We are grateful for the support we received from the community, and we are so proud of our dedicated team who helped make our Luminaria a success,” said Berkshire Hathaway HomeServices Florida Network Realty CEO Kevin Waugaman.

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Amid Controversy, Artist Starts Public Process for Art at Downtown Brooklyn’s Abolitionist Place Park

Brownstoner

The artist selected by the city to create art for Downtown Brooklyn’s Abolitionist Place park started a three-month public engagement process for the project last week, seeking community input for the controversial project. “The goal of the public programming is to hear from different communities about how they are making sense… Read More > The post Amid Controversy, Artist Starts Public Process for Art at Downtown Brooklyn’s Abolitionist Place Park appeared first on Brownstoner.

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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.

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Nicki Marcellino Leads La Jolla Office of Berkshire Hathaway HomeServices California Properties Through Another Stellar Year

RIS Media

Led for the 21st consecutive year by Nicki Marcellino, regional vice president, 2021 was another fantastic year for the La Jolla office of Berkshire Hathaway HomeServices California Properties, the company announced. The office finished the year at No. 1 among all real estate offices located in La Jolla, with total sales of $2.2 billion, according to internal data.

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Sunset Park One-Bedroom in Finnish Co-op With Parquet, Modern Kitchen Asks $449K

Brownstoner

This 1920s one-bedroom has a new Ikea kitchen with blue cabinets, original parquet floors and woodwork, and a low monthly maintenance fee. It's located on the second floor of 549 41st Street, a Finnish co-op that faces the neighborhood's eponymous Sunset Park. Known as the Parkside, the two-building complex was designed… Read More > The post Sunset Park One-Bedroom in Finnish Co-op With Parquet, Modern Kitchen Asks $449K appeared first on Brownstoner.

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Corcoran Global Living Acquires RCM Realty Group

RIS Media

Corcoran Global Living has announced the acquisition of Carson City, Nevada-based RCM Realty Group to its growing operation. With this latest expansion, Corcoran Global Living has climbed to the top five brokerages in Nevada with gross annual sales of $2.1 billion, the company stated. Since first launching in the Reno/Lake Tahoe market of Northern Nevada and California nearly two years ago, Corcoran Global Living has grown to include 18 offices in Las Vegas, Henderson, Lake Las Vegas, Summerlin,

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Mortgage and refinance rates today, Feb. 1, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates inched lower yesterday. But only by the smallest measurable amount. And, unfortunately, they were still higher than they were one week earlier. […].

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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.