Properties Online
JULY 12, 2022
While some slight changes to the market have occurred in 2022, it’s still a seller’s market out there. However, certain trends might make it a bit tougher to sell this year. Knowing more about these real estate selling trends and how to adapt to them can help you prepare your clients for the market. Higher Mortgage Rates… Read More » Are You Seeing These Top Trends for 2022 in Your Market Yet?
Housing Wire
JULY 12, 2022
Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. Sitting in traffic, Tomaszewski wished he could pay an Uber driver to take the photos instead. “When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Toma
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Keeping Current Matters
JULY 12, 2022
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home?
Housing Wire
JULY 12, 2022
Lenders continued to tighten credit standards in June as higher mortgage rates slowed refinance and purchase activity. The monthly Mortgage Credit Availability Index (MCAI) fell by 0.3% in June, according to the Mortgage Bankers Association. A decline of the index, benchmarked to 100 in March 2012, indicates lending standards are tightening, while an increase suggests loosening credit. .
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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.
GeekEstate
JULY 12, 2022
[Editor’s Note: Geek Estate Offers are special offers for members of the GEM ]. Once again, CREtech is bringing together leaders in the commercial, residential, PropTech, and climate tech industries for two days of speaking engagements, networking opportunities, and industry insights in the incredible New York City. Register if you want to… Get off of zoom and back to in-person networking opportunities with other innovative-driven industry professionals.
Housing Wire
JULY 12, 2022
Nonbank lender loanDepot is making what appears to be the largest series of cuts in the mortgage industry this year, eliminating 4,800 jobs over the course of 2022. Overall, the California-based lender is implementing a program dubbed “Vision 2025” to save between $375 million and $400 million annualized, including headcount reduction, process optimizations, real estate consolidation and reduction in marketing and third-party spending. .
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JULY 12, 2022
California-based Pennymac launched a product that can freeze mortgage rates as many as 90 days, in a bid to attract more borrowers to the market amid volatile rates. Dubbed “Lock & Shop,” the product, rolled out in mid-June, has two terms: the 75-day lock, which gives borrowers 45 days to shop and 30 days to close the contract; or the 90-day lock, giving customers 60 days to find a home and 30 days to complete the contract. .
The Mortgage Report
JULY 12, 2022
Normally, homeowners refinance to get a lower rate. But there may be one good reason to refinance even if your rate goes up.
Housing Wire
JULY 12, 2022
Volatile mortgage rates and economic uncertainty have rocked the housing market this year, challenging mortgage lenders, real estate agents, title companies and appraisal firms to adapt quickly to changing conditions. That’s why we’ve designed our HW Annual event Oct. 3-5 as the “Davos of Housing,” providing real, practical insight for this dynamic market from proven experts and leaders across the housing ecosystem.
HomeLight
JULY 12, 2022
Like all rights, private property rights have limitations and come with responsibilities. While homeowners have vastly more leeway than renters in terms of modifying their properties, counties and cities have laws in place regulating what can and can’t be done with properties. Such laws are known as zoning laws, and although it’s not something homeowners have to think about on a daily basis, zoning can become relevant if there are changes you want to make to your yard or house.
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 12, 2022
San Francisco-based Unison is extending its reach in the heartland by expanding its shared-equity loan program to homeowners in Nebraska. The move follows the opening of an office in Omaha earlier this year and reaching the milestone as of June 30 of having in force $6.1 billion in equity-sharing agreements with some 9,000 homeowners across 29 states and the District of Columbia. “With our recent office expansion to Nebraska, this was the next logical step for us,” said Unison founde
HomeLight
JULY 12, 2022
If you’re feeling pressure to sell your home quickly, you may be looking for options. We’ll explain the benefits and reasons for selling a home through an online quote. Then, we’ll walk you through the process. Who provides instant online homebuying quotes? There are multiple alternatives for selling your home online, with various kinds of companies from which to choose.
Housing Wire
JULY 12, 2022
In a few months, the loss mitigation measures that have kept close to 100,000 veterans from foreclosure during COVID-19 will end. Decisions of policymakers at the Department of Veterans Affairs will determine what happens to those borrowers. The VA also faces challenges unrelated to the pandemic. The cost of credit for its borrowers is set by Congress, not the department.
HomeLight
JULY 12, 2022
Being economical and durable are two hallmarks of the laminate floor, which came into existence in the 1970s thanks to advances in technology and engineering. Laminate floors may not sound as appealing as hardwood or marble, but they have their place in many homes, including higher-end homes now, thanks to even more innovations in flooring over the decades.
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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 12, 2022
Digital real estate closing platform Qualia announced the release of a version of its Qualia Connect platform for mortgage originators. According to Qualia, this release means that the Connect platform will now be able to integrate directly into the mortgage lender’s loan origination system. Qualia Connect’s suite of features will provide lenders with control over how they collaborate with any title, settlement or escrow partner, allowing them to automate and standardize how they work with any t
HomeLight
JULY 12, 2022
Being durable and water-resistant are two reasons people like vinyl flooring in their homes, especially when they live in moisture-prone areas. Often confused with laminate flooring or linoleum, vinyl flooring is made up of layers of polyvinyl chloride resins, plasticizers, pigments, and trace stabilizers, along with a synthetic backing material, sandwiched together in a stack to form an affordable, practical, and very durable floor covering.
The American Genius for Real Estate
JULY 12, 2022
Is Zillow building a future patent trolling practice? They put in patent applications for online ads & data-based algorithms.WHAT?! The post Why is Zillow trying to patent online ads and age-old algorithm methods?! appeared first on The American Genius Real Estate.
HomeLight
JULY 12, 2022
Some days, it seems you can’t escape them. They come at you from all directions. On the drive to your kids’ school, streaming the news or checking your Facebook page, billboards, push alerts, and promotions for online house-buying companies pop up everywhere. If you are thinking about selling your home, those low-hassle, convenient, fast-sale pitches may pique your interest.
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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.
Realty Biz
JULY 12, 2022
Before listing a home on the market, staging the property is one of the first steps a seller should take. Effectively staging a home showcases its best features and helps potential buyers imagine themselves making the place their new home. But there’s more to staging your home than putting some of your personal belongings in storage and styling furniture.
Sotheby's International Real Estate
JULY 12, 2022
When he spoke about writing Breakfast at Tiffany’s, author Truman Capote once said, “I am always drawn back to places where I have lived, the houses and their neighborhoods. For instance, there is a brownstone in the East Seventies where, during the early years of the war, I had my first New York apartment….” This enchanting townhouse on East 71st Street may or may not have been an inspiration for Capote, but its wide tree-lined block was chosen as a setting for the filming of Blake Edwards’s 19
Brownstoner
JULY 12, 2022
In an overwhelming show of support for landmarking the French Gothic Revival mansion at 441 Willoughby Avenue in Bed Stuy, 19 people spoke in favor at a virtual Landmarks Preservation Commission hearing this morning. Others sent 71 letters urging the LPC to save the circa 1897 structure as an individual… Read More > The post Locals, Pols Overwhelmingly Support Landmarking Bed Stuy’s Dangler Mansion at LPC Hearing appeared first on Brownstoner.
The Close
JULY 12, 2022
Social media is essential for most real estate agents’ marketing strategies these days. After all, agents who implement a strong strategy on social media get more leads and earn more money than agents who don’t. Yet many agents still struggle to keep up their social media efforts. If this sounds like you, then you need a game plan to take your social media to the next level.
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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.
Brownstoner
JULY 12, 2022
As homeowners struggle to recover from a loss of work or income brought on by the Covid-19 pandemic, mortgage default rates could be nearing, or even overtaking, those seen after the 2008 financial crisis, a supervising attorney at The Legal Aid Society told Brownstoner. More than 1,000 pre-foreclosure notices, also known… Read More > The post As Covid Protections End, Brooklyn Foreclosures and Homelessness Poised to Grow appeared first on Brownstoner.
BubbleInfo
JULY 12, 2022
From a buyer who recently applied for a mortgage: Buyer: I’ve had about 40 calls since 7am this morning for mortgages. I didn’t take any of them and most of them are leaving VMs and texts saying they got notified by Experian that my credit was pulled for mortgage purposes and they want to help. […].
Brownstoner
JULY 12, 2022
This week, a look back at four of our featured listings from six months ago focuses on homes in Bay Ridge, Boerum Hill and Brooklyn Heights. How did they fare? With classic early 20th century details, this Bay Ridge single-family has potential with three bedrooms and the bonus of a garage.… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One Still Available appeared first on Brownstoner.
Real Trends
JULY 12, 2022
The National Association of Realtors on Tuesday named Rental Beast as its exclusive recommended software provider in the rental space. Through the agreement, NAR members will receive free access to “ apply now” by Rental Beast, the platform’s secure FCRA-compliant online rental application and tenant screening engine, as well as access to the software provider’s digital education platform.
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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.
Brownstoner
JULY 12, 2022
It's been a while since we've featured a unit in Boerum Hill's Ex Lax building at 423 Atlantic Avenue. The stone and brick industrial structure was built in 1890 as a bottling plant for Anheuser-Busch. The Romanesque Revival-style pile was in operation until 1919, when the beer maker sold the… Read More > The post Boerum Hill’s Ex Lax Building Loft With Two Bedrooms, Vaulted Cork Ceiling Asks $1.85 Million appeared first on Brownstoner.
Notorious ROB
JULY 12, 2022
Thanks to a video from Digital Asset News, I found out about this website called Truflation. It’s free to use so go ahead and enjoy (?) yourselves in exploring what the real change in cost of living might be in the U.S. Since the government will be releasing its official June CPI print tomorrow, and most of the analysts think it will be bad (worse than the 8.6% print from last report), it might be comforting to compare it to what Truflation estimates.
Brownstoner
JULY 12, 2022
In the News At the Laundromat Project, Artists Are Ambassadors of Joy, Activism [NYT] With Roe Overturned, Austin’s Loss Could Be Brooklyn’s Gain [NYT] How Dan Perlman, of ‘Flatbush Misdemeanors,’ Spends His Sundays [NYT] Remote Work Is Turning Williamsburg Into an NYC Shopping Mecca [WSJ] Giglio Feast Flies High in Return to 'Burg [BP] Brooklyn Teens… Read More > The post Daily Links: Will ‘Burg’s Berry Street Bike Boulevard Boost Safety?
Realty Biz
JULY 12, 2022
Engel & Völkers today announced the opening of three new shops in Holladay, Kamas, and St. George/Snow Canyon, Utah, all under the leadership of licensed partner Paul Benson. Benson is the licensed partner of more than 30 Engel & Völkers shops, comprising approximately 780 real estate advisors and over 70 staff members. The global luxury real estate brand is already well established in the state, with existing locations in Eden, Logan, Park City, Salt Lake City, and Wasatch.
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