Fri.Mar 19, 2021

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Could the great refi boom finally be over?

Housing Wire

A growing chorus of mortgage industry observers believe the final week of February might have been the last hurrah for sub-3% mortgage rates. And the proof is in the refi pudding. With mortgage rates making their ascension , many late-to-the-game homeowners hopped on the chance to refinance their home loans and pushed refi volume to 68% of all closed loans in February, according to the latest originations report from ICE Mortgage Technology.

Loans 543
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Americans See Major Home Equity Gains [INFOGRAPHIC]

Keeping Current Matters

Some Highlights. Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a down payment on the home of your dreams. The post Americans See Major Home Equity Gains [INFOGRAPHIC] appeared first on Keeping Current Matters.

Equity 243
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The disruptive impact of big data on housing

Housing Wire

Determining the value of a home depends on both art and science. With the increasing availability of massive amounts of housing data and the ability to analyze that information. Analysis of millions of pieces of disparate data informs nearly every decision made involving residential real estate. Todd Teta – guest columnist March HW Magazine. Consumers, real estate agents, investors, mortgage lenders, insurance companies and other financial institutions need accurate valuations to inform th

Investor 543
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Single Women Outpacing Single Men in Homeownership

Lighter Side of Real Estate

There was a time when people felt they should wait until they were married to buy a home. But today, that idea is no longer as relevant, and single people are more empowered than ever to purchase real estate—and, more specifically, single women. According to data outlined in a recent REALTOR® Magazine article , single women own approximately 5.2 million homes in the United States—44 percent more than single men, who currently own about 3.6 million.

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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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These iBuyers are coming to a market near you

Housing Wire

A fury of iBuyer expansion hit the industry this week, with Redfin and Opendoor announcing new locations and Offerpad announcing Thursday it will go public. RedfinNow , the iBuying platform of Redfin, has expanded into the Baltimore – Washington D.C. area. The company’s iBuyer platform is already available in Arizona, California, Colorado, Texas and Washington. “Moving is stressful enough, without having to worry about your home selling before you’ve found a home to buy,&

Marketing 410
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The advantages of a pre-listing home inspection

Realty Biz

Homeowners who’re looking to secure a quick sale might want to take it upon themselves to do a pre-listing home inspection with the aim of speeding up the sales process. Typically, the onus has always been on the buyer to pay for the home inspection once their offer has been accepted, but that can lead to a longer wait before closing, and also negotiations over the cost of repairs if any issues with the home are surfaced.

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Canada’s Real Estate Industry Is Forecasting Lower Prices From Here

Better Dwelling

Canada’s national association representing Realtors is forecasting big price gains… but those gains are lower than last month’s average price. The Canadian Real Estate Association (CREA) released a forecast with February sales data. The association sees absolutely mind blowing growth for home prices in every province. Just one minor detail most analysts didn’t catch.

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Jennifer Watson Laws promoted to HW Media’s Senior Vice President of Sales and Operations

Housing Wire

Clayton Collins, Founder and Chief Executive Officer, and Diego Sanchez, Chief Operating Officer, of HW Media , are proud to announce the promotion of Jennifer Watson Laws to Senior Vice President of Sales and Operations. Watson Laws joined HousingWire in 2016 as National Sales Director and was promoted to Vice President of Sales and Revenue Operations in 2019.

Sales 371
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City Must Ensure All Can Give Public Testimony Before Crown Heights Rezoning Can Resume

Brownstoner

Citing the difficulties of accessing virtual community meetings for those without Internet access, a Brooklyn judge upheld a temporary restraining order against the controversial Spice Factory rezoning at 960 Franklin Avenue — saying the city needed to provide a platform for everyone to voice their opinions before she would allow… Read More > The post City Must Ensure All Can Give Public Testimony Before Crown Heights Rezoning Can Resume appeared first on Brownstoner.

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Real Estate Demo Hour – Paymints.io

Housing Wire

Paymints.io. Paymints.io is a fully electronic, secure, and compliant solution that eliminates the need for borrowers, buyers, sellers, and real estate agents to write paper checks. Save time, by skipping the bank; money, by lowering fees; and the environment by eliminating the use of paper and reducing CO2 emissions. #1. Secure & Compliant with Real Time Tracking. #2.

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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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‘One Week To Sell’: 5 Cheap Upgrades That Bring a Big Return on Investment

Realtor.com

HGTV Taylor Spellman , star of the new Discovery+ series “One Week To Sell,” specializes in fixing up seemingly unsellable homes so they’ll attract buyers. And while she’s worked on some ugly, unappealing houses on the show, sometimes the homes are just old. In the latest episode, “Disco Fever Gets a Retro Rehab,” Spellman is called to a 1970s home in the quiet community of Monroe Township, NJ.

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How capacity constraints are impacting servicers

Housing Wire

The current demand for capacity is forcing everyone in the industry to pick and choose what projects they work on, what products they use, and – most importantly – how their employees are utilized. There are conversations taking place right now about trying to identify bonafide counterparties to partner with. This is a challenging time for servicer s, with somewhat of a perfect storm of increased volumes, pandemic-driven dislocation, capacity constraints and increased regulatory pressures.

Mortgages 245
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Former Atlanta Falcons Coach Dan Quinn Cuts Price of Georgia Mansion to $2.2M

Realtor.com

realtor.com, Gregory Shamus/Getty Images The former Atlanta Falcons head coach Dan Quinn is selling his Suwanee, GA , mansion for $2.2 million. It was initially listed for $2.4 million in January, but the price was cut by $200,000 earlier this month. Quinn purchased the home for $1.99 million in 2015, shortly after being named the Falcons’ leader.

Design 106
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Real Estate Demo Hour – Qualia

Housing Wire

Qualia. Deliver an end-to-end consumer homebuying experience with Qualia Scale. Qualia Scale is a simple way for PropTech businesses to build custom, on-brand, and modern closing experiences using Qualia’s flexible infrastructure. #1. Sixty-two percent of future homebuyers want digital closing experiences, yet only 13 percent of recent homebuyers report receiving digital closings. #2.

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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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Two Trees’ Proposal for Curved Towers, Beach on Williamsburg Waterfront Returns

Brownstoner

Two Trees Management is relaunching its massive mixed-use development project along the waterfront in Williamsburg — promising to bring two enormous towers with over 1,000 housing units, office space, a pool, and a beach to the northern Brooklyn shoreline. The Dumbo-based developer first announced the project in late 2019 after… Read More > The post Two Trees’ Proposal for Curved Towers, Beach on Williamsburg Waterfront Returns appeared first on Brownstoner.

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Real Estate Demo Hour – Back At You

Housing Wire

Back At You. Have full visibility into your brokerage’s performance with powerful reporting that will handle everything you need for recruiting, retention, and gained office efficiencies. The incredibly flexible commission setup allows you to track and easily process any type of commission schedule. Robust integration to Quick Books so that your accountant or bookkeeper can easily manage your finances.

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Take Your Dog To The Beach

Waterfront Properties

The Town of Jupiter is one of the very few dog friendly beaches remaining in the state. Jupiter adopted the policy and idea to allow dogs on the beach in 1989. Today, the dog friendly beach area has been expanded and reaches over 2.5 miles of access along the sandy shoreline. The Jupiter Dog Beach stretches from Carlin Park Beach Marker 57 south to Marcinski Road Beach Marker 25.

Design 105
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Luxury Real Estate Headlines: Third Week in March 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Telluride, Colorado | Dan Dockray, LIV Sotheby’s International Realty . The actor’s Telluride property, which spans 320 acres, includes a dirt bike and snowmobile track, as well as a network of trails for hiking, snowshoeing and all-terrain vehicles.

Rent back 105
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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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What Partnership Is Right for You?

RIS Media

Examining Desk Rental, Marketing Service Agreement and Joint Venture Partnerships. In today’s exceptionally busy housing market, broker-lender partnerships are more important than ever. The right partnership can give you the opportunity to grow your business through market cycles and deliver a consistent client experience. If you’re starting to think about a lender partnership, you’re probably evaluating your options and comparing the differences between a desk rental, marketin

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A Flatbush Standalone With Parking and Three More to See This Weekend, Starting at $1.45 Million

Brownstoner

Our selections for open houses to see on this sunny weekend all have a bit of period detail to offer. Found in Park Slope, Ditmas Park West, Bed Stuy and Bay Ridge, they range in price from $1.45 million to $3,999,995. Starting off on Lincoln Place in the Park Slope Historic… Read More > The post A Flatbush Standalone With Parking and Three More to See This Weekend, Starting at $1.45 Million appeared first on Brownstoner.

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Newsmakers Hall of Fame: Joan Docktor on Virtual Tech to Stay Connected

RIS Media

Joan Docktor , president of Berkshire Hathway HomeServices Fox & Roach , REALTORS®, was recently inducted into RISMedia’s 2021 Real Estate Newsmakers Hall of Fame. RISMedia’s Real Estate Newsmakers is a yearly campaign that awards those who have shown ingenuity and who have accomplished incredible success within the real estate industry.

MLS 102
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North OC Real Estate Expert Kathy Leimkuhler Closes Sale of $3.5 Million Sprawling Orange Estate

First Team Real Estate

ORANGE, CA – Top-producing First Team Real Estate agent Kathy Leimkuhler, principal of The Leimkuhler Group, recently closed the sale of 4045 E Rolling Green Ln in Orange for $3,588,000, receiving multiple offers on the secluded, private estate. Closing over $79,640,000 in sales volume over the last three years 1 , Leimkuhler has a proven reputation for delivering results, placing her in the top 2% of all agents in Orange County.

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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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Organization Tips for a More Efficient Home

RIS Media

For many American families, the past year has meant more time at home, more challenge in balancing work, school and play, and more time spent mastering new skills in the kitchen, in the garden and online. The result, as light appears at the end of the shut-in tunnel, is a houseful of disorganized ‘stuff’ and pandemic-weary people who don’t want to think about sorting it.

Design 98
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Mortgage and refinance rates today, March 19, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates rose moderately yesterday. But it was a less sharp increase than had looked likely first thing that morning. And we may be […].

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The Best Stuff to Buy in Bulk

RIS Media

Too many trips to the grocery store each month can waste valuable time and money, especially if you shop for a family. But buying huge quantities may lack appeal—and buying bigger is not always better. Either because they don’t store well for long periods or because those giant cans may actually cost more than what you would pay for the equivalent in smaller batches, items like cooking oils, canned goods, fresh produce and eggs, unless you use a lot of them, are typically better bought in smalle

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Buying a house with student loans: How debt affects your eligibility and budget

The Mortgage Report

First-time home buyers often ask, 'Can I buy a house with student loans?' You can, but you should know how student loans will affect your mortgage.

Loans 105
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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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House of the Week: Unique Loft Compound in Downtown Atlanta

Point2Homes

Opportunities like this don’t come around very often! This unique and authentic compound in downtown Atlanta offers a rare and desirable fee simple land ownership opportunity and includes two buildings with multiple suites and a loft space. The buildings and surrounding neighborhood are chock full of history and provide easy access to tons of amenities.

Land 94
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Massive Mansion Built Into Mountainside Is This Week’s Most Popular Home

Realtor.com

realtor.com. Outfitted with 30 crystal chandeliers, an $8.4 million Pennsylvania mansion built smack-dab into the hillside of Jericho Mountain dazzled real estate watchers this week. Clicks for the custom-built home took off once folks saw the elaborate (some might say gaudy!) interiors. Acres of marble and columns everywhere speak to a certain aesthetic.

Design 93
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Canadian Real Estate Price Growth and Low Inflation “Almost Comical”: BMO

Better Dwelling

Canadian real estate prices are rising at a rapid rate, but officially the cost of living isn’t moving. What gives? Douglas Porter, BMO chief economist, discussed inflation and home prices in 2 separate notes this week. The issue has to do with how official inflation numbers are measured. Housing tends to influence inflation in an […]. The post Canadian Real Estate Price Growth and Low Inflation “Almost Comical”: BMO appeared first on Better Dwelling.

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Rick Ross Adds the Amar’e Stoudemire Mansion to His Property Portfolio

Realtor.com

Paras Griffin/Getty Images It wasn’t enough for Rick Ross to own a Georgia mansion so grand that it was used for the royal palace of Zamunda in Eddie Murphy ‘s “Coming 2 America.” The Maybach Music impresario also wanted another place in Florida. So he acted fast on Amar’e Stoudemire ’s South Florida estate, paying the $3.5 million asking price in cash, after it had been a mere four days on the market.

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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.