HomeLight
JUNE 29, 2022
When it comes to selling a house, many homeowners hope for a quick, easy sale. But sometimes a situation pops up that creates even more urgency — such as a job offer in another state or a family emergency. If this is where you’re currently finding yourself, there’s something important you should keep in mind: pricing your home to sell quickly doesn’t have to result in a lower offer than you deserve.
Housing Wire
JUNE 29, 2022
Millennials and Gen Zs make up the largest cohort of potential homebuyers today, the majority of which are first-time buyers bullish to get a foot on the property ladder. As market volume dips and pent-up demand builds, 61% of millennials and Gen Zs who intend to buy a home plan to apply for a mortgage this year. For years, the dominant market narrative defining these generations has been digital-first experiences and poor financial habits.
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Keeping Current Matters
JUNE 29, 2022
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey.
Housing Wire
JUNE 29, 2022
The real estate market is cooling down. Reports released this week by several respected market observers point to less good and increased bad and ugly ahead for the housing market. For some of the good, a U.S. Census Bureau report released late last week spurred a bout of optimism when it revealed that new-home sales jumped by nearly 11% month-over-month in May on a seasonally adjusted basis, after declining by 12% in April.
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Eye on Housing
JUNE 29, 2022
The top 10 builders captured 34.2% of new single-family home closings in 2021, the highest percentage on record based on data released by BUILDER Magazine. This share represents 264,426 closings out of the 774,000 new single-family home sales reported by the U.S. Census in 2021. Nevertheless, these closings only represent 23.5% of single-family starts, a broader measure of home building.
Housing Wire
JUNE 29, 2022
Freddie Mac announced Wednesday that on-time rental payments will be included in its underwriting system. The government-sponsored enterprise said that it hopes to incentivize “responsible” renters to make a leap into homeownership. According to Freddie, this option will be available starting July 10 and will allow mortgage lenders to submit a borrower’s bank account data that shows a 12-month streak of on-time rent payments to its automated underwriting system.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
JUNE 29, 2022
Redwood Trust ’s CoreVest division has closed a $313 million private-label offering backed by 82 loans that are in turn collateralized by some 1,800 properties located in 24 states and the District of Columbia. The transaction, CAFL 2022-1, represents CoreVest’s second securitization deal this year and its 21st to date. The collateral includes single-family rental (SFR) properties (70%), along with multifamily properties (22%) and some mixed-use properties (8%).
Lighter Side of Real Estate
JUNE 29, 2022
Looking for a home in the past few years has been difficult for almost all buyers. Even those who have all-cash offers, waive every contingency, and offer well over asking price have been losing out on their dream homes. It’s been so frustrating that it can bring you to tears at times… literally ! According to this Yahoo article , over half of home buyers cry at least once during their home search.
Housing Wire
JUNE 29, 2022
Boston fintech firm Knox Financial plans to expand its lending business and loan products with $50 million in funding it received from a real estate advisory firm. New York-headquartered Saluda Grade provided the funding in forward flow capital which Knox will use to expand its lending business into Georgia, Knox representatives said Wednesday. The fintech also will offer additional loan products, including home equity lines of credit (HELOCs), new purchase loans and cash-out refinancings.
HomeLight
JUNE 29, 2022
Before you post the “for sale” sign in your front yard, it’s important to prepare yourself for a critical part of the home-selling process : negotiating with buyers. Whether it’s dealing with price negotiations or determining a timeline for closing and moving out of the property, you’ll want to step into the process already knowing your objectives and what to expect from prospective buyers.
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.
Housing Wire
JUNE 29, 2022
Angel Oak Home Loans named Steven Valladares as vice president of correspondent sales, a move that comes as the firm increasingly works to grow its correspondent channel. Valladares will be responsible for creating a sales infrastructure to support the internal and external sales teams as Angel Oaks expands its focus to include both the agency and non-qualified mortgage (non-QM) markets, company reps said in a release.
Coldwell Banker
JUNE 29, 2022
Coldwell Banker Realty – Gundaker today announced that President Jim Dohr will retire in September. After 45 years with the company, Dohr has earned a reputation as one of the most highly respected business leaders in St. Louis as well as across the national real estate community. The post President Jim Dohr To Retire From Coldwell Banker Realty-Gundaker appeared first on Coldwell Banker Blue Matter.
Housing Wire
JUNE 29, 2022
Fintech startup Tomo will allow borrowers to lock in a mortgage rate for up to 120 days, about twice as long as most lenders. . The lock-in period complements a new product dubbed “Lock & Shop,” which does not require a property address to guarantee a mortgage rate, according to the company. . “ Homebuyers have struggled in a volatile housing market throughout the pandemic and rising mortgage rates will make things even more difficult,” Greg Schwartz, CEO and co-
Fancy Pants Homes
JUNE 29, 2022
A chateau-style home set within a one-hour drive to the nation’s capital is eyeing a $15.9 million sale — and has all the goods to deliver. The sprawling property is nestled on the banks of the Severn River at 938 Old County Rd — which is only 10 minutes from Annapolis — and comes with 900 feet of waterfront, a 350-foot pier, a majestic main residence, and a 6,000-square-foot guest house.
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Housing Wire
JUNE 29, 2022
A drop in mortgage rates led refinancing applications to increase slightly last week, back to a 30% share of the total, according to the latest Mortgage Bankers Association (MBA) survey for the week ending June 24. Overall, mortgage apps increased 0.7% on a seasonally adjusted basis from one week earlier, though they came in 49.4% lower than the same week in 2021.
App Folio
JUNE 29, 2022
June is Pride Month, a celebration to honor the 1969 Stonewall riots that sparked the modern LGBTQI+ rights movement and.
The Mortgage Report
JUNE 29, 2022
Today’s mortgage and refinance rates Average mortgage rates rose moderately yesterday. Another day like that and those for conventional, 30-year, fixed-rate mortgages would be back above 6%. Let’s hope we’re […].
Marco Santarelli
JUNE 29, 2022
If you are looking at investing in the Omaha real estate market as a potential investment opportunity, you must read till the end. Omaha, Nebraska is arguably the buckle of the corn belt. It is typically ignored by most, given how much attention is focused on the coasts. If it makes the news, it is generally because of a tornado or flooding of the Missouri River.
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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.
The Mortgage Report
JUNE 29, 2022
Mortgage rates are rising. But one expert says that in some ways, that could be good news for home buyers. Here's why.
Agent Fire
JUNE 29, 2022
No real estate agent gets a call back from every lead. But if your leads disappear after the first point of contact, you're doing something wrong. Here are the most common reasons hot leads go cold and how to get them back. Why Have My Real Estate Leads Gone Cold? is just one of many great real estate strategies on The Spark.
The Mortgage Report
JUNE 29, 2022
Amazon Prime Day happens July 11-12. Learn about Prime Day deals for homeowners and see early Prime Day offers here.
Brownstoner
JUNE 29, 2022
Prewar apartments don't come much grander than the ones at 35 Prospect Park West, a building designed by eminent architect Emery Roth. This one is no exception, with two large bedrooms and two former maid's rooms, endless nooks and crannies, and original Deco era tile in the bathrooms and kitchen.… Read More > The post Classic Park Slope Prewar With Fireplace, Herringbone, Lavender Tile Asks $2.75 Million appeared first on Brownstoner.
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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.
Mashvisor
JUNE 29, 2022
To earn a stable rental property income, invest in cities that have steady population growth, a strong economy, and plenty of job opportunities.
Brownstoner
JUNE 29, 2022
Pedestrians making their way through Downtown Brooklyn's Columbus Park will find a large-scale public sculpture by conceptual artist Fred Wilson has taken up residence on the area's well-traveled plaza. It is a work that can't be missed, as it stands in the midst of the walkway, demanding the viewer take… Read More > The post New Work by Conceptual Artist Fred Wilson Unveiled in Downtown Brooklyn’s Columbus Park appeared first on Brownstoner.
Mashvisor
JUNE 29, 2022
The top Airbnb cities in the country performed well in 2021, but rural America also earned more than $3.5 billion in bookings last year.
Brownstoner
JUNE 29, 2022
In the News The Flight of New York City’s Wealthy Was a Once-in-a-Century Shock [NYT] NYC Schools Are Forced to Cut Hundreds of Teachers as Funding Drops [NYT] Stories Behind the Walls: A Snapshot of Street Art in Brooklyn [Eagle] Opening Day for City Pools Marred by Closures, Lifeguard Shortages [Gothamist] Real Estate Interests Spend… Read More > The post Daily Links: Parents, Teachers Push Back Against School Budget Cuts Based on Declining Enrollment 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.
Mashvisor
JUNE 29, 2022
Are you looking for investment opportunities in Phoenix metro area? Read on to learn why Scottsdale homes for sale may be the best choice.
Redfin
JUNE 29, 2022
If you’re a local living in Boston , you already know how your city is a lively coastal mecca full of history, diversity, a vibrant restaurant scene, and endless attractions for entertainment. You most likely have a favorite spot not many know about too. However, if you’ve just moved into your first apartment in Boston , you’ve likely explored some must-see spots and maybe even enjoyed a baseball game at Fenway Park.
Sotheby's International Real Estate
JUNE 29, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ??????. Hot Springs, Arkansas | Chris Marsh, Capital Sotheby’s International Realty . On the main channel of Lake Hamilton, this waterfront home provides luxury living with stunning views on multiple levels. As the gate opens, guests are greeted by the soothing sounds of the granite fountain and welcomed into the main living area where soaring ceilings and panoramic vie
BubbleInfo
JUNE 29, 2022
More on one of the proposals to spend the state’s budget surplus. It doesn’t make the homes any cheaper, so home buying will still be limited to the affluent who can afford the payments: First-time buyers often rely on family gifts to afford the down payments on their homes. Now California Legislators want the government […].
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