Housing Wire

JULY 8, 2021

The number of title and settlement companies offering digital closings has increased 228% since 2019, as more of the industry moves online in the wake of the COVID-19 pandemic. Per a survey of 300 title professionals conducted by the American Land Title Association , only 14% of professionals offered digital closings prior to the health crisis. Now, in 2021, 46% offer digital closings, according to Diane Tomb, ALTA chief executive officer.

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Keeping Current Matters

JULY 8, 2021

There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within 17 days (compared to 26 days one year ago). The average home sold has five offers to pick from. 54% of offers are over the asking price.

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Housing Wire

JULY 8, 2021

The average 30-year fixed-rate mortgage fell eight basis points from the week prior to 2.9%, according to data released Thursday by Freddie Mac ‘s PMMS. According to Sam Khater, Freddie Mac’s chief economist, last week’s dip followed the concurrent drop in U.S. Treasury yields earlier this week. “While mortgage rates tend to follow Treasury yields closely, other factors can be impactful such as the labor markets, which are continuing to improve per last week’s jobs report,” sai

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Better Dwelling

JULY 8, 2021

The Canadian real estate market will change really fast over the next few months. Home prices in the key markets of Toronto and Vancouver saw price growth climb in June. Looking at the most recent data annualized though, a slowdown is just around the corner. Without a sudden boom in prices, the annual trend is […]. The post The Canadian Property Bubble Can Start Deflating As Early As This Month appeared first on Better Dwelling.

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Agents

Housing Wire

JULY 8, 2021

Private equity firms Flexpoint Ford and Vestar Capital Partners have bought Lereta LLC , a provider of real estate tax and flood solutions for mortgage servicers, the companies announced this week. The transaction is expected to close within a month. Financial details of the transaction were not disclosed. Lereta’s services are designed to increase efficiency, reduce penalties and liabilities and improve processes for mortgage originators and servicers.

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Equity Commercial Technology Loans 397

Maximum Exposure Real Estate

JULY 8, 2021

Get Your Property Taxes Reduced Do you feel like you are paying too much taxes on your home? Are you getting the feeling your tax assessment is higher than it should be? Appealing property taxes is something a lot of homeowners are forced to do. If you are looking for how to appeal high property […]. The post Best Tips For Lowering Your Property Tax Bill appeared first on Massachusetts Real Estate Exposure.

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Marketing 138

Better Dwelling

JULY 8, 2021

Canada’s largest bank now sees the US raising interest rates, and it’s a big positive for Canadian rate hikes. RBC senior economist Josh Nye said the bank sees the US hiking rates by next year. The hike will allow the Bank of Canada (BoC) to raise rates without a significant appreciation of the loonie. This […]. The post Bank of Canada Will Get More Room To Hike Rates With US Fed Turning Hawkish: RBC appeared first on Better Dwelling.

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Banks 117

Realty Biz

JULY 8, 2021

The short-term rental market took a hit during the pandemic. Despite the lull, the opportunity for short-term rentals remains strong. Analysts anticipate over 59.5 million people will choose short-term rentals in 2021, reaching pre-pandemic levels. But like any business, succeeding in short-term rentals requires marketing. You have to get the word out, and you need a market differentiator, so they choose you.

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Marketing Branding Loans Equity 109

BubbleInfo

JULY 8, 2021

[link] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The last paragraph (above) might be the worst misread in the history of forecasting. I’m not sure why they are sticking with it. Mortgage servicers have stated that they will modify the delinquent mortgages and extend them for another 40 years if necessary – making it a great time to be a deadbeat. […].

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Mortgages Sales Marketing 105

The Mortgage Report

JULY 8, 2021

Today’s mortgage and refinance rates Average mortgage rates fell appreciably yesterday. They’re still not as low as they were immediately before the mid-June spike. But they’re now very close. It’s […].

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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

Realtor.com

JULY 8, 2021

Getty Images Refrigerators are one of those appliances that most of us take for granted, until one craps out on you. A malfunctioning refrigerator can spell all sorts of disaster—from ruined meat and dairy to leaks or spills on the floor, or even a freezer so frosty it looks like a great nor’easter rolled in. But when something goes awry, you don’t always need to call in a pro.

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Realty Biz

JULY 8, 2021

Forbearance programs for federally backed mortgages are rapidly coming to an end, but the National Association of Realtors has said its research shows that there won’t be a glut of foreclosed homes hitting the market, as some had warned. The national forbearance moratorium will end on July 31 , but most homeowners are expected to end with a new payment plan in place, so a spike in foreclosures is unlikely.

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RIS Media

JULY 8, 2021

Coach Your Agents to Greater Success When Representing Buyers Through Preparedness and Hustle. When navigating highly complex, multiple-offer negotiations in the current real estate market, it’s important for agents representing buyers to be prepared, proactive, and provide the best chance to win a bid for their dream home. Your agents should employ strategies that will give them and their clients a leg up in the market.

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Brownstoner

JULY 8, 2021

As we enter summer, things continue to look sunny for Brooklyn’s real estate market. In the second quarter of 2021, the average sale price, the number of sales and listing inventory all increased both from the previous quarter and the same period last year, according to a report prepared by… Read More > The post Brooklyn Real Estate Market Continues Its Post-COVID Rebound in Second Quarter of 2021 appeared first on Brownstoner.

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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.

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RIS Media

JULY 8, 2021

HomeTeam Inspection Service of Kentuckiana Owner Brad Lawler explains why potential buyers should never skip a home inspection, even when housing inventory is scarce. It’s no secret that the current housing market is hotter than ever. Many houses are receiving multiple offers before they officially go on the market, and the summer real estate boom is still on the horizon.

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Waterfront Properties

JULY 8, 2021

One of Palm Beach Island’s most exclusive estates is open for the public to tour to learn about the history of Palm Beach and the Gilded Age. The Flagler Museum, formerly known as Whitehall, was home to Henry M. Flagler and his wife Mary. Flagler was an American Industrialist, one of the founders of Standard Oil, and one of Palm Beach Island’s founders.

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RIS Media

JULY 8, 2021

Mortgage applications dipped for the second week in a row, this time by 1.8%, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The details: – Unadjusted Market Composite Index down 2%. – Refinance Index decreased 2% WoW, 8% YoY. – Seasonally adjusted Purchase Index decreased 1% WoW. – Unadjusted Purchase Index decreased 1% WoW, 14% YoY. – Refinance share of mortgage activity decreased to 61.6% of total applications fro

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Mortgages Loans Industrial Marketing 98

Brownstoner

JULY 8, 2021

Owned by a prominent creative couple -- she a creative director, he in museum retail -- this duplex loft offers up some recent design trends as well as plenty of space and a roof deck. Features include exposed brick, arches, Tadelakt plaster in pink and gray, a concrete kitchen island,… Read More > The post Would You Rent This Design-y Williamsburg Loft With Roof Deck for $9K a Month?

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Design Marketing 98

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

RIS Media

JULY 8, 2021

Fostering a great outdoor space on your property can hold many benefits. And while this leads many homeowners to focus on their yard before a sale, a wise homeowner will start the work while they can truly enjoy the fruits of their labor. As you begin to update your outdoor areas, don’t miss out on these three unexpected items to buy for your yard. Lawn Leveling Rake.

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Fancy Pants Homes

JULY 8, 2021

According to Harvard University’s Joint Center for Housing Studies, roughly one in 10 American adults move to a different dwelling every year, with the majority of those transfers occurring domestically. While this figure is not as high as 70 years ago, it still accounts for the exodus of over 40 million people annually. However, the pandemic changed all that, doubling the number of movers primarily due to financial struggles, per a recent Pew Research survey.

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RIS Media

JULY 8, 2021

Above: MoveEasy 2.0 focuses on a better user experience and brand visibility while placing the dedicated concierge front and center. A client for life. It’s what we all want. Yet client engagement and retention are two of the most overlooked aspects within the real estate industry. With an average span of five to seven years between transactions, the real estate industry faces a unique customer engagement challenge.

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Brownstoner

JULY 8, 2021

In the News Cuomo Declares a Gun Violence Emergency in New York State [NYT] As Delta Risk Looms, New York City Scales Back Covid Monitoring [NYT] Brooklyn's Longest-Running Block Party Announces 2021 Return [Patch] Cops Search for Suspect Who Tore Down Pride Flag in Crown Heights [Patch] Parks Get a Funding Boost Following COVID-Related Cuts… Read More > The post Daily Links: The Atlantic Antic Street Festival Will Return on October 3 appeared first on Brownstoner.

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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

RIS Media

JULY 8, 2021

Aspiring retirees struggling to decide where they want to live may be in luck. A new Best and Worst States to Retire in 2021 report from Bankrate.com has pointed out some of the more desirable destinations for folks looking to step away from their careers. According to the report, Georgia ranked as the best place to retire, while Maryland was considered the worst.

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The Mortgage Report

JULY 8, 2021

New York first-time home buyers have access to a wide range of advice, loan programs, and down payment assistance grants. Learn more here.

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Loans 109

RIS Media

JULY 8, 2021

Cinch Home Services Helps Buyers and Sellers Avoid Unforeseen Expenses With Home Warranty Products. The real estate industry has undergone a lot of changes since Liz Moore began her career in 1984. One constant during that time, however, has been client demand for peace of mind during the home-buying or -selling process. “Liz Moore & Associates is known as the local brokerage where we are going to go that extra mile to perform those extra services to make sure the client experience is

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REM Online

JULY 8, 2021

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Calgary Real Estate Board Realtor Community Foundation invests $300,000 in office-to-affordable-housing conversion. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction.

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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.

Agents

RIS Media

JULY 8, 2021

People who want to buy a home are advised to get preapproved for a mortgage before they begin house-hunting. While that’s a good idea for both parties, it’s not required. If you put your home on the market, be prepared to receive offers from buyers who haven’t been preapproved. . What Does It Mean When a Buyer Is Preapproved? When a buyer applies for mortgage preapproval, a lender requests information on that person’s income and assets, as well as review the applicant’s credit.

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Realtor.com

JULY 8, 2021

Christophe Gateau/picture alliance via Getty Images Elon Musk may be one of the world’s richest people, but he’s not living large. After selling much of his real estate portfolio in the past year and listing his final property earlier this month to focus on his mission to Mars, the Tesla and SpaceX CEO is taking the phrase “Live below your means” to another level.

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RIS Media

JULY 8, 2021

Grocery shopping is a necessary chore for every household. And while it is important to ensure that your health and budget is on track, no one wants to spend hours wandering down the aisles in their free time. These five tips will prevent just that and help make your next grocery shopping trip a breeze. Create a Checklist of Common Purchases. Going into the store without an idea of what you need is a guaranteed way to spend excessive cash.

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REM Online

JULY 8, 2021

The following content may have been republished here without the author's permission. The original post can be found at the following URL: A property boundary survey can be priceless. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Knowing where your property pins are located and having clearly marked and maintained boundaries is one of the most important parts of land ownership and stewardship.

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Land Agents 92

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.

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