Keeping Current Matters

DECEMBER 12, 2022

If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind.

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Marketing 222

Housing Wire

DECEMBER 12, 2022

Figure Acquisition Corp. I , a blank check company affiliated with fintech Figure Technologies , plans to merge with a warehouse lender and bank holding company to potentially bring blockchain technology to the financial institution. The special purpose acquisition company announced Friday that it signed a non-binding letter of intent with the privately held $3-5 billion asset holding company with nationwide residential mortgage lending and servicing operations.

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Realtor.com

DECEMBER 12, 2022

Photo-Illustration by Realtor.com; Photos: Getty Images (4) Just when you thought 2021’s wild real estate ride was ending, 2022 arrived to deliver one smackdown after another. Mortgage rates and home prices jumped higher than we’d seen in recent years, and low inventory posed a problem for homebuyers and sellers alike. But amid the ups and downs of the real estate market, there were plenty of homeowners who were perfectly content staying put and looking for ways to beautify their liv

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Housing Wire

DECEMBER 12, 2022

Mortgage rates were on a declining trend in November despite the Federal Reserve ‘s efforts to tame inflation — but lower rates haven’t been enough to convince home buyers to lock in their mortgages rates in this volatile market. Rate lock dollar volume was down 21.5% month over month in November, remaining at the lowest level since February 2019, according to Black Knight ‘s originations market monitor report.

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Fancy Pants Homes

DECEMBER 12, 2022

While on the West Coast, homes in the $20 million range compete in cutting-edge amenities and intricate home design, heading to the Rocky Mountains introduces us to a whole new type of ultra-luxury: the type that comes with massive acreage and tons of history. That’s the case with Colorado’s iconic Redstone Castle — a 153-acre property known as one of the state’s most storied monuments — which was listed for sale back in 2020 with a $19.75 million price tag and sold

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Housing Wire

DECEMBER 12, 2022

There are reasons California-based Pennymac may want to forget 2022. The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. The company has cut hundreds of jobs across layoffs in March , May , July and October , underscoring the immense challenges of the current mortgage market.

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Housing Wire

DECEMBER 12, 2022

In today’s high-rate environment, lenders are looking for innovative ways to optimize and automate processes for maximum cost savings and efficiency without compromising on the consumer experience. HousingWire recently spoke with Matt Regan, EVP of Transaction Management Systems at Flueid , about the need to redefine “instant title” to focus on adding value to loan evaluation and decision-making rather than just delivering the title commitment faster.

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Maximum Exposure Real Estate

DECEMBER 12, 2022

Can a Buyer or Seller Break A Real Estate Contract? Can a seller back out of a contract? How about a buyer? Trying to back out of an offer is not all that uncommon. Once you have been in the real estate business long enough, you can be assured you are bound to hear the […]. The post Termination of Real Estate Contracts By Buyers and Sellers Explained appeared first on Maximum Real Estate Exposure.

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Marketing 114

Realtor.com

DECEMBER 12, 2022

Getty Images So you’ve decided to take a breather from the homebuying process until mortgage rates or home prices are a bit more wallet-friendly. But you’re still faced with the situation that motivated your home search: Your house is bursting at the seams, and you need more space. Well, hang tight. We’ve got affordable ideas for reimagining what you already have, so you can add storage and living space while you wait to upsize.

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Realty Biz

DECEMBER 12, 2022

Emotions and divorce are never a good combination. It requires a logical and trained mind to split the property fairly and as agreed. There are several different legal ways that a property might have to be split. There might be a prenuptial agreement, or you might be in a community property state or an equitable distribution state. These are circumstances that will affect how real estate is divided in your situation.

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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.

Loans

BubbleInfo

DECEMBER 12, 2022

There shouldn’t be much new action for the rest of the month – it would be crazy to put a new listing on the MLS in the next 2-3 weeks. It means the current inventory – the lowest it’s been since May – couldn’t be any more picked over by those who don’t trust the […].

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MLS Marketing 105

Brownstoner

DECEMBER 12, 2022

Francis Roberts fought back tears in the witness stand of a Brooklyn courtroom Thursday as he explained how alleged harassment by his landlord and a tenant in his building has affected his life. “I've had to take on a whole new different lifestyle. It has affected my life in terms of… Read More > The post ‘All I’m Asking Is for a Normal Life,’ Crown Heights Tenant Pleads in Harassment Trial appeared first on Brownstoner.

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As-is Marketing 105

Easy Agent Pro

DECEMBER 12, 2022

Successful real estate communication requires strategy and consistency to yield the results you are looking for. Effectively converting leads into clients means you must build a relationship and communication with prospects is very important in this process. Chances are, you are familiar with the real estate sales funnel. Each step of this sales funnel to convert leads requires different levels of communication.

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RISMedia

DECEMBER 12, 2022

By Bill Gassett You might be wondering what the assessed value of your home is, but what about the appraised value? Though you might think that these are the same, this isn’t the case. The assessed value is more about what a community needs to collect for taxes, whereas the appraised value is an expert […]. The post How Are Appraised Value and Assessed Value Different?

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Industrial 142

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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.

Sales

Better Dwelling

DECEMBER 12, 2022

Canadians believe interest rates will fall soon, and it’s now obvious in real estate. That’s the take from BMO Capital Markets, who sees this having unintended consequences. In a weekend research piece, they explain more investors are holding out for rate cuts. This will lead to maintaining lofty growth expectations and sticky inflation, making cuts […].

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Realtor.com

DECEMBER 12, 2022

Netflix / Getty Images / Realtor.com. “House Party” is the official Realtor.com® podcast about the overlapping worlds of home and pop culture, hosted by Rachel Stults and Natalie Way. Click the player above to hear our take on this week’s hot topics. On this episode of “House Party,” we get into why Mark Wahlberg dropped the price of his Beverly Hills, CA, estate and why Ryan Seacrest accepted way less than the original asking price of his hillside mansion, also in Beverly Hills

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Real Trends

DECEMBER 12, 2022

The industry has undeniably encountered some unprecedented moments and m arkets over the past three years. From rapidly escalating interest rates to contingencies becoming nearly obsolete, we have all held on for what proved to be a wild ride. That said, even through the chaos, there remains consistency in the skills that are needed to effectively navigate the ebbs and flows while healthily cultivating the bottom line.

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Realty Biz

DECEMBER 12, 2022

Becoming a homeowner is the goal of many folks. Going from being a renter to a homeowner isn't always as easy as it seems. There is quite a bit to know about financing the purchase of a home. There are several things to consider when it comes to getting a mortgage. As a first-time home buyer, educating yourself on the process is essential to make things go as smoothly as possible.

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Debt-to-income ratio Mortgages Pre-approval Pre-qualification 94

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

Brownstoner

DECEMBER 12, 2022

In the News Why Some Hasidic Children Can’t Leave Failing Schools [NYT] New York Subway Fare Could Top $3 to Offset Steep Drop in Riders [NYT] How a DoBro Hotel Became Housing for Formerly Homeless People [NYT] Possums, Raccoons, Rats Overrun Red Hook NYCHA Complex: Residents [NYDN] StudioSkate Opens Pop-up Ice Rink in ‘Burg for… Read More > The post Daily Links: City Design Showing Plan to Widen, Rebuild BQE Highway in Brooklyn Alarms Locals appeared first on Brownstoner.

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Design 92

Lighter Side of Real Estate

DECEMBER 12, 2022

Plenty of people are trying to take a stab at predicting what the real estate market will do in 2023. Is there a bubble waiting to pop? Will prices crash? How much higher will mortgage rates get? So far, if you read through all of the predictions out there, it sounds like we should expect home prices to go down. Some say they’ll take a steep dive, while others say to expect slightly lower prices.

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GeekEstate Agents & Brokers

DECEMBER 12, 2022

[Editors note: Originally posted on courted.io ]. Brokerage leaders, we’ve seen the headlines and the market data. The market is slowing down and has been for some time. This environment can trigger a number of thoughts about how agents need to position themselves for success in a slower market. While the market might be slower for your agents, we believe that recruiting is a huge opportunity for you right now.

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Real Trends

DECEMBER 12, 2022

A photo may be worth a thousand words, but the listing description can still tell prospective homebuyers a lot about a property that the pictures just don’t convey. Snapping photos and collecting neighborhood data can be simple compared to writing the perfect listing description. . Should you describe the living spaces as large and open? Having lots of natural light?

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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

Realtor.com

DECEMBER 12, 2022

Realtor.com A gorgeous and rare midcentury modern home in Washington, DC , is now available for $2,195,000. Most residences in the nation’s capital are row homes, stately manors, or condos, so it’s a treat to see an atomic-age gem in DC. Built in 1961 and known as the A. F. Maxwell House, the 3,344-square-foot, four-bedroom dwelling features glass facades and spacious cantilevered terraces.

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Bigger Pockets

DECEMBER 12, 2022

The economy is beginning to stall as the Fed has repeatedly increased its discount rate over the past few months to fight inflation. As Jerome Powell put it, “We have got […].

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Realtor.com

DECEMBER 12, 2022

Realtor.com Designed to weather the elements in storm-prone Pensacola, FL , a domed waterfront home definitely stands out—or around, at least. The house was built in 2007 by owners who wanted a unique and, most importantly, hurricane-proof structure. “They weren’t always in Pensacola,” explains listing agent Bill Dyess , with Avast Realty.

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Bigger Pockets

DECEMBER 12, 2022

Rob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as […].

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As-is 79

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Agents

Sotheby's International Real Estate

DECEMBER 12, 2022

Showcasing the height of new luxury construction in some of the world’s most sought-after locations, let’s explore an exclusive new development from our worldwide network. Helsinki, Finland | Snellman Sotheby’s International Realty. Marble Palace (”Marmoripalatsi”) was designed in 1916 and completed in 1918 by one of Finland’s most iconic architects, Eliel Saarinen.

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Realtor.com

DECEMBER 12, 2022

Realtor.com Calling all motorheads: Retired race car driver Richard Berry ‘s megamansion in Evergreen, CO , comes with its own jaw-dropping auto hangar. Custom-built in 2004, the 50,275-square-foot mountain spread sits on 75 acres just west of Denver. Listed for $24,799,000, the property known as Thunder Ridge is attracting a fair amount of attention.

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RISMedia

DECEMBER 12, 2022

By Brian Wallace There are countless factors that go into any consumer purchase. Factors like price, quality, and convenience are obvious, but others are less so. One factor that goes far under the radar is color, plain and simple. When it comes to marketing, modern shoppers actually consider color more than any other factor. That’s […]. The post The Psychology of Color in the Home…and Beyond appeared first on RISMedia's Housecall.

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Realtor.com

DECEMBER 12, 2022

Realtor.com Driving by this storybook cottage in Buena Park, CA , you might expect gingerbread cookies to be baking in the oven and the aroma scenting the quaint home. But if you look inside, it’s clear that a design professional has completely transformed the place. The 1,481-square-foot home, originally built in 1959, has a hint of whimsy, but it’s fit for a thoroughly modern family.

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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