Keeping Current Matters

AUGUST 2, 2022

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble.

Marketing 249

Marketing 249

Housing Wire

AUGUST 2, 2022

The mortgage servicing rights (MSR) market is continuing to pump out new deals. Freedom Mortgage , one of the country’s largest mortgage servicers, recently unveiled its second private-label offering this year backed by MSRs. In addition, two mortgage advisory firms are out with three new MSR bulk-sales offerings involving agency loan portfolios exceeding $1.4 billion in value combined.

Mortgages 418

Mortgages Loans Banks Sales 418

Real Trends

AUGUST 2, 2022

Despite rising home prices , rents and mortgage rates , nationwide, the homeownership rate was up and the rental vacancy rate was down during the second quarter of 2022 compared to a year prior, according to data released Tuesday by the U.S. Census Bureau. During the second quarter, the homeownership rate rose to 65.8% from 65.4% a year prior, which the reports notes is not a statistically significant difference.

Principal 136

Principal Banks Mortgages As-is 136

Housing Wire

AUGUST 2, 2022

Rocket Loans will be offering loans to customers who are installing solar panels, the lender announced Tuesday. The news comes exactly one year after its parent Rocket Companies announced it would enter the green energy game in 2022. Rocket Loans will provide financing to Rocket Solar customers who choose to have a solar electricity system installed, the company said.

Equity 397

Equity Loans Finance Title 397

Advertisement

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.

Development

Maximum Exposure Real Estate

AUGUST 2, 2022

Home Appraisal Myths You Need to Know The home appraisal process can be nerve-wracking for many sellers. You probably already listed your home, and even received an offer, and now someone is coming in to tell you what the house is worth? Someone who can quickly state a price that sinks your sale? It only […]. The post Appraisal Myths Too Many Sellers Believe appeared first on Maximum Real Estate Exposure.

Sales 132

Sales Marketing 132

Housing Wire

AUGUST 2, 2022

Even as rising interest rates and housing prices have put homeownership further out of the reach of many individuals and families, demand for single-family rental (SFR) properties remains strong and monthly rents robust, according to the inaugural National Rental Report from proptech firm HouseCanary. Monthly rent prices for SFR properties as of the end of the first half of 2022 increased at a double-digit pace year over year, even as new SFR listings jumped by nearly 58% over the same period, t

Marketing 397

Marketing Days on market Investor Closing 397

Housing Wire

AUGUST 2, 2022

Multichannel lender Finance of America (FoA) has laid off hundreds of employees across several rounds in the second and third quarters of 2022. The layoffs come amid a mortgage market downturn and a larger company restructuring, multiple current and former staffers told HousingWire. The Texas-based company reduced its workforce across centralized operations and branches, cutting processors, underwriters, appraisers and the support team, with its most recent layoff on July 15, sources said. .

Marketing 397

Marketing Finance Commercial Mortgages 397

The American Genius for Real Estate

AUGUST 2, 2022

When your day is stacked with client meetings, one late appearance can throw everything off - here's how to stay on track. The post How to deal with clients who are consistently late appeared first on The American Genius Real Estate.

Brokerage 122

Brokerage 122

Housing Wire

AUGUST 2, 2022

Getting a mortgage is becoming an increasingly digital experience, with lenders and borrowers benefiting from saved time and fewer hiccups. HousingWire recently spoke with Kosta Ligris, CEO and co-founder of Stavvy, about how the mortgage tech journey has expanded beyond eClosings and is reaching all corners of the mortgage industry, from appraisal and valuation to internal workflows and processes. .

Mortgages 396

Mortgages Title Technology Loans 396

GeekEstate Agents & Brokers

AUGUST 2, 2022

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: CubiCasa]. Floorplans are a very attractive listing feature for capturing potential leads. Utilizing mobile-scan technology to provide real estate agents and appraisers with an intuitive, easy way to generate a home’s floor plan, CubiCasa allows users to create the floorplan by scanning their home through their phone’s camera.

MLS 120

MLS Equity Technology Investor 120

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.

Industrial

Housing Wire

AUGUST 2, 2022

First American Financial Corporation ’s digital closing platform firm Endpoint is now offering a suite of integrated title tools specifically designed for proptech companies, investors and tech-forward real estate organizations looking for a scalable digital closing platform. Endpoint said its new solutions include APIs that automatically open title orders, track transaction statuses, exchange documents, and provide title agents and their clients with custom reporting features and notifications.

Title 394

Title Investor Closing Technology 394

The American Genius for Real Estate

AUGUST 2, 2022

Opendoor has been fined millions for their claims of "more accurate offers and lower costs." The FTC says the opposite is true. The post FTC nails Opendoor with $62M fine for misleading consumers appeared first on The American Genius Real Estate.

119

119

Housing Wire

AUGUST 2, 2022

Rithm Capital , formerly known as New Residential Investment , lost $3.3 million in the second quarter of 2022, largely due to fees caused by its break from Fortress Investment Group and a decline in residential mortgage originations. In an earnings presentation Tuesday, executives at Rithm said the company paid approximately $325 million to break from an affiliate of the asset management firm and be internally managed.

Mortgages 370

Mortgages Residential Investor Loans 370

Eye on Housing

AUGUST 2, 2022

The Census Bureau’s Housing Vacancy Survey (CPS/HVS) reported the U.S. homeownership rate at 65.8% in the second quarter of 2022, which is statistically unchanged from the last quarter reading (65.4%). The national rental vacancy rate slipped to 5.6%, while the homeowner vacancy rate stayed at 0.8%. Both rental and homeowner vacancy rates are hovering near historical lows, reflecting tight housing.

119

119

Advertisement

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.

Brokerage

Housing Wire

AUGUST 2, 2022

The Department of Veterans’ Affairs announced last week that it would allow desktop and exterior-only appraisals for some transactions. The changes took effect July 27. In a department memo, the VA explained that the move was a response to “high demand for appraisal services and limited availability of appraisers in certain local market areas.”. But the VA said that its “willingness to accept” alternative appraisals was not a substitute for an appraisers’ assessment of the appropriate scope of w

Finance 370

Finance Renovation Loans Mortgages 370

App Folio

AUGUST 2, 2022

In 2021, when businesses were reevaluating standard operating procedures in light of the shakeup caused by the pandemic, AppFolio worked.

Marketing 116

Marketing 116

Housing Wire

AUGUST 2, 2022

Since we first started recognizing our HousingWire Vanguard award winners years ago, one key theme has been very clear — Vanguard honorees all share an unmistakable impact on the industry at-large. This immense impact on the industry is why we’re thrilled to bring some of the greatest housing leaders of all time together for our inaugural Vanguard Forum at HousingWire Annual.

Industrial 284

Industrial Finance Development Mortgages 284

Eye on Housing

AUGUST 2, 2022

For the first time since 2020, affordability expectations improved in the second quarter of 2022. After rising steadily for five straight quarters, the share of buyers who can only afford a minority of the homes for sale in their markets declined to 77%, down from 81% a quarter earlier. Conversely, the share able to afford at least half the homes.

Sales 115

Sales Marketing 115

Advertisement

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.

Agents

Sotheby's International Real Estate

AUGUST 2, 2022

Although known primarily for her Emmy-winning turn on American television, Colombian-born superstar Sofia Vergara has also brought her natural beauty and grace to her work as a producer, spokesperson, and philanthropist. This seven-bedroom Beverly Hills estate, which Vergara shares with her husband and fellow Hollywood luminary, Joe Manganiello, was built in 2006.

Design 111

Design 111

RISMedia

AUGUST 2, 2022

By Anica Oaks Buying a new house means that you're likely to check out a number of features, including the home's structural integrity, heating and cooling systems, and square footage. You also have to look for mold. Mold is more than just an unsightly substance with aesthetic disadvantages. Having mold in the home can threaten […]. The post How to Check for Mold Before Purchasing a Home appeared first on RISMedia's Housecall.

102

102

Brownstoner

AUGUST 2, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Bay Ridge, Red Hook, Ditmas Park and Brooklyn Heights. How did they fare? This spacious one-bedroom co-op in Bay Ridge appears move-in ready, with immaculate wood floors, arched openings and a tidy… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One Still Available appeared first on Brownstoner.

Marketing 98

Marketing 98

Realty Biz

AUGUST 2, 2022

Make it personal. Success in this business is directly related to the relationships you build over time. How do you do that? Spend $50 a day on building one-on-one relationships with clients focused on two-way communication. Schedule a lunch with a past client, grab coffee with a friend, drop off flowers for a special occasion, pay for the person behind you at the drive-through or send handwritten notecards.

Title 96

Title Lending Agents As-is 96

Advertisement

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.

Agents

Brownstoner

AUGUST 2, 2022

In the News In Brooklyn, Her Champagne Wishes Came True [NYT] East Williamsburg Backyard Is Home to 800-Pound Flamingos [NYP] Outdoor Dining Destroys Quality of Life With Rats, Drugs, Noise: Suit [NYP] Food Banks Report Growing Needs as Prices of Basics Soar [DailyMail] Tourists Are Skipping Manhattan in Favor of Brooklyn, Study Finds [Patch] Flatbush Gardens… Read More > The post Daily Links: Retail Foot Traffic Grows in Brooklyn Despite Population Dip appeared first on Brownstoner.

Banks 98

Banks As-is 98

Realty Biz

AUGUST 2, 2022

Central America is a stunningly beautiful place to visit. Those who are lucky enough to visit the region can see truly picturesque vistas every day! The incredible scenery is part of why Central America is a key tourist destination for millions of visitors worldwide. Another reason for its appeal is that the region focuses more on giving someone more bang for their buck, especially regarding rentals and luxury real estate vacation homes.

Investor 73

Investor Development As-is Marketing 73

The American Genius for Real Estate

AUGUST 2, 2022

The Haptic Life Tracker app documents your (good and bad) habits. But how much do you want to know? The post This habit tracker shows you insights you might not want to know appeared first on The American Genius Real Estate.

Technology 72

Technology 72

Mashvisor

AUGUST 2, 2022

It’s important that you estimate rental income before investing in Airbnb. The best thing is that the process isn’t as hard as you might think.

As-is 68

As-is Investor 68

Advertisement

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

Realty Biz

AUGUST 2, 2022

Portable power stations have come on by leaps and bounds in recent years. With faster charging times, smaller and more convenient designs, not to mention the great strides seen with solar panels, we are well and truly on the cusp of something big when it comes to portable power. Whether you’re looking for something to take camping or use as a backup power source in the home, the days of the diesel or gas chugging generator are coming to an end—and in its place comes the portable power of t

Design 68

Design As-is Marketing 68

Redfin

AUGUST 2, 2022

Section 42 housing is a type of subsidized housing intended to assist renters with low income get safe, affordable housing. To qualify for a Section 42 apartment, you must meet income requirements, namely, you must make less than a percentage of your county’s average mean income (AMI) as defined by your local Department of Housing and Urban Development (HUD).

Property Management 63

Property Management As-is Development Marketing 63

BubbleInfo

AUGUST 2, 2022

The July stats have been updated on these interactive graphs of the 92009 (SE Carlsbad), 92024 (Encinitas), and 92130 (Carmel Valley) markets: We hear how the inventory has exploded, but compare it to history: Sales during the 2022 selling season have been similar to February/March numbers: It’s good to see the insane-bidding-over-the-list-price has slowed: We’ve […].

Sales 61

Sales Marketing 61

Redfin

AUGUST 2, 2022

When you think of living in Seattle , you probably think of the Space Needle, Pike Place Market, endless coffee shops, and houses overlooking the water or even on the water. But the houseboats circa “Sleepless in Seattle” aren’t actually houseboats – they’re floating homes. So what makes a floating house different from a houseboat?

VA loan 59

VA loan FHA loan Loans Design 59

Advertisement

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

Brokerage