Wed.Nov 11, 2020

article thumbnail

Despite moratoria, foreclosures increase 20% in October

Housing Wire

Despite foreclosure moratoria holding steady in several states, a recent foreclosure report from ATTOM Data Solutions revealed a total of 6,042 U.S properties began the foreclosure process in October. That number is up 21% from a month ago, but still down 79% from this same time last year. However, some individual states did see that number climb year-over-year including Idaho, which was up 109%, and Nebraska, up 56%, since last October.

Banks 475
article thumbnail

VA Home Loans: Helping Heroes Find a Home

Keeping Current Matters

Today, on Veterans Day, we honor those who have served our country and thank them for their continued dedication to our nation. In the United States, there are many valuable benefits available to Veterans, including VA home loans. For over 75 years, VA home loans have provided millions of Veterans and their families the opportunity to purchase their own homes.

Loans 259
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mortgage applications decrease slightly, but refinance index jumps

Housing Wire

Mortgage applications decreased 0.5% last week after a 3.8% jump at the end of October, according to a report from the Mortgage Bankers Association (MBA). That’s despite the 30-year fixed rate decreasing to 2.89% — an all-time survey low. The refinance index, however, increased by 1% from the previous week – and is a robust 67% higher than the same week in 2019.

article thumbnail

How To Tour a House Today: Tips To Make the Most of Virtual or In-Person Showings

Realtor.com

d3sign / Getty Images Touring a house is like going on a first date: It’s your chance to get a sense of whether this home is the one. Can you envision baking cookies in that kitchen, or cracking a beer on that back deck? But in this day and age, with so many houses to see and so little time before they get snapped up, the prospect of finding this dream home in the real estate haystack can sometimes feel a bit overwhelming.

Agents 134
article thumbnail

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.

article thumbnail

LoanDepot says it’s going public (for real this time)

Housing Wire

After a dramatic false start in 2015, California-based lender loanDepot says it’s finally going public. The company, founded by billionaire entrepreneur Anthony Hsieh, said Wednesday morning that its newly formed affiliate loanDepot Inc. had confidentially filed paperwork with the Securities and Exchange Commission to go public. “The number of shares of Class A common stock to be sold and the price range for the proposed initial public offering have not been determined,” the le

Equity 427
article thumbnail

Painting Your House in the Winter: 6 Facts Every Homeowner Should Know

Realtor.com

standret/Getty Images Winter may not seem like the ideal time to paint your home. As temperatures drop and snow looms on the horizon, most folks’ home-improvement plans go into hibernation (except for some perhaps overdue winterizing projects). After all, you’ve spent all year beautifying your house; now it’s time to slow down and cozy up.

As-is 128

More Trending

article thumbnail

LPC Votes Unanimously to Landmark Dyker Heights’ Angel Guardian Home

Brownstoner

City officials voted to designate Dyker Heights’ century-old Angel Guardian Home a landmark on November 10 -- making the beloved former orphanage the neighborhood’s first historic landmark. The unanimous vote from the Landmarks Preservation Commission comes after years of pressure from local activists, who’ve pushed to save the stately 1899… Read More > The post LPC Votes Unanimously to Landmark Dyker Heights’ Angel Guardian Home appeared first on Brownstoner.

Design 119
article thumbnail

Endpoint receives $40 million in additional funding from First American

Housing Wire

Mobile-first title and escrow company, Endpoint , has announced it received an additional investment of $40 million from its parent company, First American Financial Corporation. This investment brings the total funding received to date to $70 million. Endpoint said that this funding will help accelerate its hiring plans, technology development and expansion into new U.S. markets.

Title 395
article thumbnail

What Does Contingent Mean in Real Estate Sales

Realty Biz

The Definition of Contingent. Do you know what contingent means when either buying or selling a home? If not, you should! When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear.

article thumbnail

Year-over-Year Gains for Mortgages Continue

Eye on Housing

The Mortgage Bankers Association’s (MBA) latest Weekly Application Survey shows that, for the week ending November 6, 2020, mortgage application activity decreased by 0.5% from the prior week on a seasonally adjusted basis, as indicated by its Market Composite Index. One of its two constituent indexes, the Purchasing Index, decreased by 3% from the previous week while the other, the.

Mortgages 113
article thumbnail

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.

article thumbnail

Canadian Household Debt Reaches 115% of GDP, Here’s Why That’s Bad

Better Dwelling

The Canadian economy may be slowing, but the debt is rising very quickly. Bank of Canada (BoC) data shows the ratio of household debt to gross domestic product (GDP) increased sharply in Q2 2020. The trend of household debt growing faster than GDP has persisted for years, but made a sharp increase in Q1. Researchers […]. The post Canadian Household Debt Reaches 115% of GDP, Here’s Why That’s Bad appeared first on Better Dwelling.

Banks 111
article thumbnail

This Slack app makes remote icebreakers (hopefully) less awkward

The American Genius for Real Estate

(TECH NEWS) Kaapi has an Icebreakers feature to help provide that water cooler conversation experience for remote teams. The post This Slack app makes remote icebreakers (hopefully) less awkward appeared first on The American Genius Real Estate.

article thumbnail

Write a Better Thank-You Note

RIS Media

The end of the year is a great time to ramp up your gratitude practice and show your favorite clients and vendors how much you appreciate them! One of the most effective ways to demonstrate gratitude is through a handwritten thank you note. They are personal, heartfelt and always fun to receive. Not only will you make your client’s day, but you’ll also illustrate your commitment to high-quality care and service, and, as a result, write your way to more referrals down the line.

Marketing 111
article thumbnail

Mortgage and refinance rates today, November 11, 2020

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates nudged higher yesterday. And conventional loans started out this morning at 2.75% (2.75% APR) for a 30-year, fixed-rate mortgage. Yesterday’s rise was […].

article thumbnail

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.

article thumbnail

Veteran Multifamily Industry Leaders Define a Clear, Winning Path to Personal Growth

App Folio

Charting a course to grow into a leadership role in the property management industry takes time and energy. Opportunities are everywhere, however you must be willing to take risks, seek advice, and rely on the help of others. To better understand what it takes to become a leader in real estate, we reached out to several well-established industry veterans to hear their stories and the lessons learned along the way.

article thumbnail

Time Capsule Manhattan Beach Tudor With Deco Baths, Garage Asks $2.599 Million

Brownstoner

There's an unexpected delight for the old house lover inside this 1930s Tudor-style house in Manhattan Beach. It's in estate condition, so the standalone house could use some attention, but it also boasts a period kitchen, complete with metal-trimmed countertop, and two pink and green Deco-era bathrooms. The house at… Read More > The post Time Capsule Manhattan Beach Tudor With Deco Baths, Garage Asks $2.599 Million appeared first on Brownstoner.

Marketing 105
article thumbnail

What Biden means for mortgage rates, housing policy, and real estate

The Mortgage Report

Learn what Biden's presidency means for mortgage rates, housing policy, real estate, and renters in the coming years.

Mortgages 130
article thumbnail

Daily Links: City Schools Could Close Again as COVID Numbers Continue to Rise

Brownstoner

In the News Welcome to Brooklyn, Where People Are as Unique as Their Brownstones [NYT] Amazon Leases Red Hook Warehouse as Locals Decry Truck Traffic [BP] Stringer: NYC Needs to Build Its Way Out of Pandemic Recession [The City] COVID Rates Inch Toward Threshold for Shutting Down Schools [Chalkbeat] NYC to Experiment With Police-Free Response… Read More > The post Daily Links: City Schools Could Close Again as COVID Numbers Continue to Rise appeared first on Brownstoner.

Closing 105
article thumbnail

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.

article thumbnail

The Hazards of Over-Decorating

RIS Media

If you’ve just moved into a new place or you’re on a mission to create a whole new look in your home, you may have some big decorating plans in mind. The experts, however, advise proceeding with caution. According to the editors at Better Homes & Gardens, decorating can quickly go from stylish to messy. Here are few mistakes to avoid to ensure you’re not overdoing decor: Don’t crowd open shelving.

Design 103
article thumbnail

The Most Important Rooms To Stage

Realty Biz

As you prepare to sell a home, you should pay attention to its appearance. No matter how great a house is, buyers will not come away with a favorable impression of it if tattered furniture, disagreeable decorations, and general untidiness reign supreme within its walls. On the other hand, homeowners and seller’s agents should not place so much care into the décor that the work becomes more expensive than it is worth in relation to the property’s value.

Staging 98
article thumbnail

Hiring a Management Consultant

RIS Media

Four Key Areas Where Outside Guidance Can Immediately Impact Your Performance. Brokerages invest a significant amount of time, money and energy toward giving their agents the tools to succeed. Whether through soft skills or technical expertise, management aims to provide not only a platform through which agents can excel, but also specific guidance because you have proven methods that will help agents sharpen their skills and achieve maximum results.

article thumbnail

Experts forecast best winter home selling season for years

Realty Biz

Home sellers are expected to command higher home prices in the winter due to high buyer demand and low inventories, and that’s an unseasonable trend in the housing market, experts say. “Sellers will have the ball in their court, so to speak, as there are more buyers than sellers,” said Danielle Hale, realtor.com’s chief economist. “This means seller-friendly trends like rising home prices and quick-selling homes.”.

Finance 98
article thumbnail

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.

article thumbnail

Rocket Companies Releases Third Quarter Results

RIS Media

Rocket Companies, Inc. (NYSE: RKT), a Detroit-based holding company consisting of tech-driven real estate, mortgage and financial services businesses—including Rocket Mortgage, Rocket Homes and Rocket Auto— recently announced results for the quarter ended Sept. 30, 2020. Jay Farner, CEO of Rocket Companies, stated, “In the midst of the pandemic, we were able to help an unprecedented number of Americans buy and refinance homes, providing financial relief through our tech-driven platform and

Loans 103
article thumbnail

Holiday Events Starting This Weekend At Rosemary Square

Waterfront Properties

Signs of the holidays are starting to arrive in West Palm Beach. Rosemary Square, formally CityPlace, is getting an early start on the holidays and starting this Saturday, the outdoor shopping and entertainment area is hosting their Nightly Snowfall and Lightshow. Head to the center square and experience a snowy South Florida holiday season. The Nightly Snowfall and The Wishing Tree Lightshow will begin and kick off the holiday season this Saturday, November 14th and last until December 31st.

98
article thumbnail

Storage Solutions for Space-Deprived Kitchens

RIS Media

Are your kitchen cabinets bursting at the seams? Are the countertops cluttered with gadgets, spices and a miscellaneous pan or two? If you’re lamenting the lack of space in your small kitchen, keep in mind the answer doesn’t always involve more square footage. The editors at marthastewart.com selected and reviewed a variety of products and ideas for effectively storing kitchen items when you’re shy on space.

As-is 98
article thumbnail

Purposeful Private Spaces

BubbleInfo

Hat tip to just some guy for sending this in: The open-concept interior has demonstrated remarkable staying power. The plan that typically combines entryway, kitchen, living and dining room into one “great room” has dominated home design for decades. Why? For families, it facilitates a benign surveillance state with the kitchen island as parental command […].

Design 98
article thumbnail

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.

article thumbnail

How to Undo Common Stains

RIS Media

No matter how careful you are, inevitably, you’re going to spill something. Whether it’s red wine on your favorite shirt, tomato sauce on your best tablecloth, or chocolate on the rug, the time will come when you’ll have to move into action fast to remove a stain from clothing or furniture. Here’s a stain-removing guide from Real Simple for some of the most common culprits you’re likely to encounter: Coffee.

As-is 98
article thumbnail

Top Tips To Buying Your Dream Home

Realty Biz

We all dream of buying the perfect house someday. But are we aware of the steps that must be followed before we buy? Buying a dream house is something you may have been planning for a long time. Many of you have already started working towards it. For most of you, buying the beautiful house of your dreams is going to be the most expensive purchase that you will ever make.

article thumbnail

Cold-Weather Gardening Projects

RIS Media

If you’re missing putting your green thumb to use during the winter months, there are plenty of cold-weather gardening projects that can keep you at your craft long past peak season. In fact, the preparations you make during winter can be a critical part of having a successful garden come spring. Use this time to complete the following tasks recommended by gardendesign.com: Prepare plants for harsh conditions.

98
article thumbnail

Infill: A fix for Toronto’s housing crisis

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Infill: A fix for Toronto’s housing crisis. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. “If we could unlock development on these transit-oriented, rental-infill sites, overnight we’d have an incredible impact on our city’s housing affordability crisis,” says Toronto City C

article thumbnail

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.