Keeping Current Matters

SEPTEMBER 16, 2022

If you're thinking about buying a home today, there's welcome news.

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Marketing 258

Housing Wire

SEPTEMBER 16, 2022

The U.S. House of Representatives this week passed a bill that streamlines the appraisal process for U.S. Department of Veterans Affairs mortgage loans. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving appraisals altogether.

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Keeping Current Matters

SEPTEMBER 16, 2022

Some Highlights. Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious.

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Housing Wire

SEPTEMBER 16, 2022

Wells Fargo will pay $94 million to settle a class-action lawsuit that argued it sent more than 200,000 mortgage borrowers into forbearance during the pandemic unlawfully and without their consent. The plaintiffs argued that the San Francisco-based bank provided forbearances to customers who made inquiries about their mortgages or expressed hardship, but had not explicitly requested forbearance, Reuters reported this week.

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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.

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Eye on Housing

SEPTEMBER 16, 2022

Over the first seven months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 645,877. On a year-over-year (YoY) basis, this is a 5.3% decline over the July 2021 level of 681,949. Year-to-date ending in July, single-family permits declined in all four regions. The South posted a slight decline 3.0% while the Midwest region reported the.

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Construction Marketing 122

Housing Wire

SEPTEMBER 16, 2022

This week’s HW+ member spotlight features Rodney Moss, executive vice president at LoanCare. HW Media: What is your current favorite HW+ article and why? Rodney Moss: All my favorite articles in HousingWire revolve around servicing innovation – really anything and everything that can help improve the overall experience for homeowners and enhance an asset’s value.

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Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. The podcasts below can be found across a variety of platforms, including Apple Podcasts, Google Play, Spotify and YouTube.

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Eye on Housing

SEPTEMBER 16, 2022

According to the annual data from the Census Bureau’s Survey of Construction (SOC), the share of new homes started with 5,000 square feet or more of living space stood at 2.90 percent in 2021, up from 2.50 percent in 2020. A total of 33,000 5,000+ square-foot homes were started in 2021, compared to 25,000 in 2020. The increase in number and share.

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Construction 119

Housing Wire

SEPTEMBER 16, 2022

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage rose to an average of 6.02% this week ahead of the Federal Reserve ’s much-anticipated interest rate hike next week. Daily mortgage rate calculators are showing 30-year fixed rates at 6.30% and above. A year ago at this time, rates averaged 2.86%. . “Mortgage rates continued to rise alongside hotter-than-expected inflation numbers this week, exceeding six percent for the first time since late 2008,” said Sam Kh

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Fixed-rate mortgage Mortgages Loans Closing 435

The American Genius for Real Estate

SEPTEMBER 16, 2022

We all have a notion of an 'ideal worker' in our heads - but it simply doesn't exist. Following the crowd won't improve your productivity.

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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

SEPTEMBER 16, 2022

Fannie Mae has completed the sale of its 27 th reperforming-loan offering since the inaugural transaction in 2016. The deal represents Fannie Mae’s fourth reperforming-loan sale this year and involves a total of some 6,060 loans valued at $986.4 million. The offering — originally announced August 11 and dubbed FNMA 2022-RPL4 — was divided into three loan pools that were awarded separately. .

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HomeLight

SEPTEMBER 16, 2022

The U.S. housing market is undergoing a rebalancing. Visit HomeLight’s 2022 Housing Trends Hub for information on how to navigate a shifting market — whether you’re a seller, buyer, or homeowner. Ever since 2021’s record home prices , Americans have been waiting for that too-good-to-last bubble to burst. Although the housing market still ran hot at the beginning of 2022 , higher grocery prices , fewer home sales , and other factors from summer to fall made economists and armchair ana

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Housing Wire

SEPTEMBER 16, 2022

Rocket Mortgage and its wholesale arm Rocket Pro TPO will reduce homebuyers’ monthly mortgage payments by one full percentage point for the first year of their loan. Dubbed the “Inflation Buster” program, Rocket aims to give borrowers a reprieve to combat high inflation and affordability challenges, the company said in a statement Friday.

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Mortgages Seller concession Fixed-rate mortgage Loans 418

HomeLight

SEPTEMBER 16, 2022

The U.S. housing market is undergoing a rebalancing. Visit HomeLight’s 2022 Housing Trends Hub for information on how to navigate a shifting market — whether you’re a seller, buyer, or homeowner. The Florida real estate market is shifting quickly. Everything from inflation and interest rates to new migration patterns, inventory, and more could reshape the Florida housing market in 2022.

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Marketing Construction Mortgages Fixed-rate mortgage 111

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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.

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Housing Wire

SEPTEMBER 16, 2022

Another single-family rental (SFR) securitization deal sponsored by a large institutional player, Progress Residential , is slated to hit the private-label market this month, bringing the total securitization-deal count for Progress to seven so far this year. This latest transaction, Progress 2022-SFR7, will be secured by a single $426.8 million fixed-rate loan backed by mortgages on 1,434 single-family rental (SFR) homes.

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The American Genius for Real Estate

SEPTEMBER 16, 2022

Charitable acts among Realtors remains high, despite several fallbacks regarding health in the US.

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Industrial 111

Housing Wire

SEPTEMBER 16, 2022

Having open and honest conversations around how to navigate your personal and professional life is more important than ever, as everyone works to find harmony in their life. At HW Annual on Oct. 3, Dalila Ramos, founder of Love and Tacos Media, will lead a session on work life balance, addressing the realities that many people face when having to balance the various identities in their life at the came time as their career.

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Lending Banks Finance Industrial 393

HomeLight

SEPTEMBER 16, 2022

We all know the feeling of angst that hits as we move closer to the barista at a coffee shop to order a morning java. If you don’t know what you want, the line disappears too quickly. Well, that angst multiplies 10 times when committing to a home purchase, and you’ll need extra time (and extra details) to feel confident in your decision. Just like you do about that oat milk latte.

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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.

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Sotheby's International Real Estate

SEPTEMBER 16, 2022

For any form of design—architectural, industrial, interior, fashion—the word “timeless” should never be used thoughtlessly. A look can only be considered truly timeless if it continues to inspire, century after century, without passing into the passé. . Only a small selection of styles achieve this, so when choosing a property, or choosing how to present a property, it’s always wise to focus on those few that do.

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Design Industrial 109

Bigger Pockets

SEPTEMBER 16, 2022

It. Has. Begun. 2008 has returned, or at least that’s what many have been saying. In July, for the first time in 32 months, prices declined from one month to the next. […].

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Investor Marketing 99

The Close

SEPTEMBER 16, 2022

Ah, home buyers! We love them because they make real estate fun. But sometimes, buyers make big mistakes that create heartache and frustration. Agents who’ve been in the game for a while have learned to coach their homebuyers on things they should never do while buying a house. If you haven’t had any of these things happen with your clients before, you’re lucky!

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Bigger Pockets

SEPTEMBER 16, 2022

Becoming a millionaire by 30 is almost every 20-or-something-year-old’s dream. But what if you want to go even further? Instead of seven-figure net worth, what about an eight-figure net worth? […].

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Finance 97

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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.

Agents

Real Trends

SEPTEMBER 16, 2022

With an estimated 1.2 billion active monthly users in Q4 of 2021 , TikTok is only gaining in popularity. By the end of 2022, TikTok is expected to reach 1.8 billion users, many of which are millennials and Gen-Zers. As these generations begin to dominate the housing market, Realtors need to know how best to reach them. While not all of us are natural TikTok pioneers, the five women of real estate below have proven real estate and the latest social media platform most certainly mix. 1.

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Bigger Pockets

SEPTEMBER 16, 2022

Do you believe in miracles? I have for years. But I didn’t see this one coming. I don’t think anyone did. Love him or hate him. It’s hard not to respect […].

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Agent Fire

SEPTEMBER 16, 2022

Returning to a day-to-day schedule after a break shouldn't be a drag. With this advice, you can come back to your real estate business stronger than ever. How Real Estate Agents Get Back to Business After A Break is just one of many great real estate strategies on The Spark.

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Agents 90

Bigger Pockets

SEPTEMBER 16, 2022

For the past couple of years, new construction homes were the envy of the neighborhood. They had brand new granite countertops, walls without holes, and sometimes a garage door! In […].

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New Construction Branding Construction Marketing 96

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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.

Sales

BubbleInfo

SEPTEMBER 16, 2022

Are you waiting to buy a home until you can get a sizable discount? Is it because you know a guy who will give you a deal on any home improvements needed; you’ve got your eye on some new appliances down at the scratch-and-dent outlet; and you were thinking about going through Redfin until you […].

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Marketing 88

Real Trends

SEPTEMBER 16, 2022

Family circumstances forced Destin, Florida-based Corcoran Group agent and leader of The Ketchersid Team Jodi Ketchersid to take a step back from her real estate career in May. When she returned to the industry in late summer, the housing market looked different. A lot different. “It was like, ‘Holy cow! What happened to the market?’” Ketchersid said.

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Realty Biz

SEPTEMBER 16, 2022

One of the things real estate agents struggle with in digital marketing is coming up with ideas for content. Most know that content is a cornerstone of a strong digital marketing strategy, but are lost when it comes to coming up with fresh content. . What if I told you that there’s a tool that will tell you exactly what questions people are asking Google related to your service?

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Commercial Branding As-is Agents 85

Brownstoner

SEPTEMBER 16, 2022

Got a project to propose for The Insider? Please contact Cara Greenberg at caramia447 [at] gmail [dot] com. The fact that the 900-square-foot apartment she shares with her husband is a rental did not stop interior designer Molly Torres Portnof of Brooklyn-based DATE Interiors from going all-out to create a distinctive space… Read More > The post The Insider: Designer Personalizes Own Prospect Heights Rental With Paint, Lighting, Music appeared first on Brownstoner.

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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.

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