Tue.Apr 26, 2022

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The crypto-mortgage is the new kid on the block

Housing Wire

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints.

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How Homeownership Can Help Shield You from Inflation

Keeping Current Matters

If you’re following along with the news today, you’ve likely heard about rising inflation.

Marketing 235
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Rocket offers voluntary buyouts to 8% of workforce

Housing Wire

Rocket Companies CEO Jay Farner. Even the biggest mortgage players aren’t immune to the effects of higher rates and tight housing inventory. Rocket Companies , the parent of Rocket Mortgage and Amrock Title , said late Monday that it would be offering buyouts to 8% of its staff at its mortgage operations and title teams. The company has roughly 26,000 employees , spread across its headquarters in Detroit and in Cleveland.

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Upcoming GEM Soirées — San Francisco and Chicago

GeekEstate

The fifth and sixth event in the GEM Soirée series are coming up. One next week in San Francisco on Cinco de Mayo, followed by an event in Chicago on May 19th. Each an evening to mingle and celebrate the industry’s progress with real estate tech founders, execs, VCs, and practitioners. San Francisco: A gathering at Modernist (a members’ club) on May 5th from 4:30 to 6:30.

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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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How originators can capitalize on reverse mortgage business in light of the changing housing market

Housing Wire

With a housing market in transition , originators are looking to seize profitable opportunities that benefit both borrowers and their own bottom lines. HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. .

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CFPB’s Chopra has answers on appraisals, mortgage servicers, credit scoring

Housing Wire

Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra provided updates on the watchdog agency’s housing-related priorities in testimony before the Senate Banking Committee. Chopra said the CFPB would still be watching mortgage servicers, as it has repeatedly promised, to make sure they are not “cutting corners.” The watchdog agency will also be working with other federal agencies to intervene in policies and regulation that could impact mortgage lenders and residential appraisers.

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Homeowners Should Have Some “Fear of Missing Out” on This Market

Lighter Side of Real Estate

If you’ve been thinking about selling and hesitating or simply waiting, you may want to start thinking about how you’ll feel if you miss out on the best time to sell your house in a long time. You never know when (or if) conditions will be like this in the real estate market again. It’s been a sellers’ market for quite some time now, and with rates going up significantly and home prices still historically high, there’s a lot of chatter about whether or not there’s a real estate “bubble” that’s a

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Judge’s ruling: it’s heartland homeowners v. NAR

Housing Wire

The U.S. residential real estate economy as we know it is far from cooked, but a judge has turned on the front burner. Stephen Bough, a judge for the federal court in Kansas City, Missouri certified a class action lawsuit in a written ruling Friday that makes “hundreds of thousands” of U.S. housing consumers the plaintiff in a now potentially historic case.

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Platinum Realty Joins United Real Estate Group

RIS Media

United® Real Estate Group has announced it has merged with a Midwest powerhouse, Platinum Realty, bringing its agent count to nearly 20,000 nationwide. The alliance with Platinum Realty and over 2,100 agents across the Midwest greatly expands and strengthens United’s national service footprint. This dynamic partnership brings together two of the Inc. 5000 ’s fastest-growing private companies in America.

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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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Hsieh stepping back to be loanDepot’s executive chairman

Housing Wire

Nonbank heavyweight loanDepot announced on Tuesday changes in its top management, with founder and chairman Anthony Hsieh no longer leading daily operations. He will instead take a more strategic leadership role in the company. Hsieh, who is also the loanDepot’s main shareholder , will be the executive chairman, responsible for guiding the company’s strategy.

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First-Time Buyers Delay Entering the Market

RIS Media

According to recent data from the Federal Reserve, the average age of homebuyers rose to an all-time high of 55 in 2020—and only 31% of those were first-time buyers, the lowest share since 1987. Millennials, while the largest generation in the U.S., are lagging behind their older counterparts when it comes to homebuying, and there are several reasons why, including market volatility, affordability, high mortgage rates and low inventory.

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THE GREAT RESIGNATION ISN’T A THREAT FOR TOP REAL ESTATE BRANDS ANNUAL REPORT REVEALS AGENT SENTIMENT AND RANKS THEIR PRIORITIES

Coldwell Banker

Coldwell Banker Real Estate ranked higher than any other brand in agent satisfaction. The post THE GREAT RESIGNATION ISN’T A THREAT FOR TOP REAL ESTATE BRANDS ANNUAL REPORT REVEALS AGENT SENTIMENT AND RANKS THEIR PRIORITIES appeared first on Coldwell Banker Blue Matter.

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Realogy Named to Forbes List of Best Employers for Diversity 2022

RIS Media

Realogy Holdings Corp. has announced that it was again named by Forbes as one of the Best Employers for Diversity. The esteemed award, presented by Forbes and Statista Inc., evaluates companies based on direct recommendations from employees, indirect evaluation of competitor diversity efforts, diversity among top executives and board members, and other diversity engagement indicators, a release stated. “As the leader in U.S. residential real estate, Realogy has a tremendous opportunity to

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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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20 Best Apps for Real Estate Agents

Tom Ferry

The more efficient you can become in your business, the more success you’re going to enjoy and more money you’re going to make. With that in mind, we’re introducing you to our complete list of best real estate apps for agents that can help you take your business to the next level. The video above […]. The post 20 Best Apps for Real Estate Agents appeared first on Tom Ferry.

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Midwood Two-Bedroom Sponsor Unit With Deco Arches, Renovated Kitchen, Two Baths Asks $465K

Brownstoner

In Midwood, this sponsor unit offers some Deco details along with an updated kitchen and the bonus of two full bathrooms. It is on the second floor of a six-story 1930s building known as the Versailles at 1717 Avenue N. The brick building, which wraps around Avenue N to 18th… Read More > The post Midwood Two-Bedroom Sponsor Unit With Deco Arches, Renovated Kitchen, Two Baths Asks $465K appeared first on Brownstoner.

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Mortgage and refinance rates today, April 26, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates finally caught a break yesterday. And they fell by a worthwhile amount. Be grateful for small mercies. So far this morning, it’s […].

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10 Fastest-Growing Cities in the U.S. and Their Median Home Values

HomeLight

During the pandemic, when many people were able to work from home, the housing market changed. Some experts predicted mass migrations to the suburbs as some people could now choose where to live without that decision having to be tied to their jobs. . While there was some exodus from the “big city,” the general trend of urbanization continues. According to the U.S.

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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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Make Empathy a Priority With the Help of Technology

App Folio

Retention — of both residents and employees — is a key factor in the success of any property management business.

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Inside a Modern Mediterranean Estate in Encino

Sotheby's International Real Estate

A quick Google search for “the California lifestyle” yields results that include “active,” “health-conscious,” “easygoing,” and “outdoorsy.” This unique gated estate in the community of Royal Hills seems designed to make many of those terms manifest, with sophisticated living and entertaining spaces centered around an expansive yard with swaths of environmentally friendly artificial turf, a distinctively shaped infinity-edge pool and spa, an outdoor kitchen, a fire pit, an alfresco lounging area

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Will mortgage rates go up after the May Fed meeting?

The Mortgage Report

The May Federal Reserve meeting is expected to spark further mortgage rate growth following a big hike to the fed funds rate.

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San Diego Case Shiller Index, Feb

BubbleInfo

The February month-over-month increase was the highest ever, but it feels like ancient history: San Diego Non-Seasonally-Adjusted CSI changes Observation Month SD CSI M-o-M chg Y-o-Y chg Jan ’20 264.04 +0.2% +5.1% Feb 265.34 +0.5% +4.6% Mar 269.63 +1.6% +5.2% Apr 272.48 +1.1% +5.8% May 273.51 +0.4% +5.2% Jun 274.91 +0.5% +5.0% Jul 278.00 +1.1% […].

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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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Half of REALTORS® Report Working With Green Homes

RIS Media

In its annual report and survey on all things green this year, the National Association of REALTORS® (NAR) continues to find practicality, interest and representation in the environmentally conscious real estate sector—though the perceived value of green features and information about them seems to still be lacking in some areas. At the highest level—and most relevant to the average real estate professional— sustainable and green real estate transactions are becoming more common, with nearly twi

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Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract

Brownstoner

This week, a look back at four of our featured listings from six months ago focuses on homes in Prospect Lefferts Gardens, Bay Ridge and Park Slope. How did they fare? A location on the first floor may be a positive for some buyers and a negative for others, but either… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One in Contract appeared first on Brownstoner.

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6 Characteristics of Humility in Leadership

RIS Media

Writing about humility in leadership doesn’t feel very humble. For me, it’s especially challenging as I would rather stay out of the headlines and just do my thing at Delta. This topic also requires me to be a bit transparent about myself, providing insight into what makes me tick as a leader. I believe that one of the most important characteristics of humble leaders is that what they do is not about them.

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The simple secret to keep your real estate lead pipeline full

Real Trends

There are some power-packed business strategies that can make all the difference in the success of your real estate business, especially when running a productive and profitable real estate team. Here’s one that can be an immediate game changer for keeping your real estate pipeline full! Whenever the opportunity arises, I ask our industry’s best agents to share a success principle that’s made all the difference when it comes to the productivity of their team.

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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.