Mon.Mar 14, 2022

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CFPB warns servicers it’s watching closely, again

Housing Wire

The Consumer Financial Protection Bureau today said that they are closely monitoring how servicers conduct themselves to help borrowers avoid foreclosures. Lorelei Salas, assistant director for supervision policy at the CFPB, wrote in a blog post that the CFPB will be closely monitoring complaints of servicers not giving borrowers the option or time to apply for the Homeowners Assistance Fund (HAF).

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This Spring Presents Sellers with a Golden Opportunity

Keeping Current Matters

If you’re thinking of selling your house this year, timing is crucial.

Marketing 256
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Cash-out refis starting to slow despite equity gains

Housing Wire

Mortgage origination activity took a major hit in February, with rate hikes squeezing out refinance activity , both for rate-term refis and cash-outs. Overall origination activity in February was down 5.4% from January, according to the latest monthly Mortgage Monitor report from Black Knight. Purchase locks, which are not as rate-sensitive as refinancings , were up 7.2% in February over the prior month, with volumes up 5.6% from the same time last year.

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Homes Near the World’s Best Après-Ski Destinations

Sotheby's International Real Estate

Dreaming of a luxurious winter getaway is a welcome escape from our everyday routines. While hitting the slopes might immediately come to mind, the relaxation of an après-ski abode is an equal component of a wintery dreamscape. In the heart of some of the world’s most famous snow-capped precipices, these exceptional properties will elevate your mountain retreat to new peaks of opulence.

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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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Red flag: Guild finds gaps in internal controls

Housing Wire

Guild Mortgage CEO Mary Ann McGarry. The parent company of California-based Guild Mortgage reported on Monday it has identified material weaknesses in its internal control over financial reporting, according to its annual 10K document filed with the U.S. Securities and Exchange Commission (SEC). The nonbank lender said it did not have sufficient staff with the experience to design and operate its controls over financial reporting.

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Blockchain has the potential to change the real estate industry

Real Trends

Cryptocurrency and the future of payments continue making headlines in 2022. From the everyday person selling a condo as an NFT (non-fungible token) to Warren Buffet investing $1 billion in a crypto-friendly bank , it’s clear that blockchain technology, tokenization and digital assets are here to stay. To some, blockchain real estate may sound just as bizarre as meme coins (such as Shiba Inu or Dogecoin) or Pringles’ new flavor NFT.

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Is Zillow going to crash the housing market? (Podcast)

The Mortgage Report

When Zillow left the iBuying market, many worried it could contribute to a housing market crash. Here's why that won't happen.

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WIPT X GEEK ESTATE – Housing Affordability

GeekEstate

Our focus on affordable housing continues with the upcoming webinar collaboration with Women in PropTech , as we discuss Housing Affordability. The panel will be led by Jenna Louie of Ivory Innovations , Caroline Caselli of Haven Connect , Ashley Stinton from Second Century Ventures , and KC Crosby with Pronto Housing. Gain invaluable intel and identify new opportunity for expansion, investment and collaboration.

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Opulent, Newly Revamped Prospect Park South Manse With Ballroom, Garage Asks $12.95 Million

Brownstoner

The exterior of this grand Colonial Revival in Prospect Park South has always been an attention-grabber, and after a renovation the interior certainly is eye-popping. In the Prospect Park South Historic District, the weathered but grand early 20th century standalone at 1305 Albemarle was in need of restoration when it… Read More > The post Opulent, Newly Revamped Prospect Park South Manse With Ballroom, Garage Asks $12.95 Million appeared first on Brownstoner.

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Inventory Watch

BubbleInfo

Bill is reporting a 3.1% increase in inventory nationally, which sounds hopeful and we can only pray that it happens here. But we were really far behind after the holidays and we’re still struggling to catch up: NSDCC Inventory: March 15, 2021 – 332 Actives, 333 Pendings March 14, 2022 – 195 Actives, 196 Pendings […].

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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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HDC’s Annual ‘Six to Celebrate’ Highlights Crow Hill and Little Caribbean Neighborhoods

Brownstoner

Preservation and advocacy efforts in two Brooklyn neighborhoods will get a boost this year with inclusion in the Historic Districts Council's annual “Six to Celebrate” campaign. This year the preservation nonprofit’s chosen communities include Crow Hill in Crown Heights and the Little Caribbean area of Flatbush. Each neighborhood was nominated… Read More > The post HDC’s Annual ‘Six to Celebrate’ Highlights Crow Hill and Little Caribbean Neighborhoods appeared first on Brow

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What is a Cash Offer in Real Estate

Maximum Exposure Real Estate

Everything to Know About Cash Offers in Real Estate If you are preparing to buy or sell a home, a cash offer could be involved. A cash offering on a home can happen during any transaction and appeal to home sellers. Any real estate agent will tell you that cash sales are highly desirable. Cash […]. The post What is a Cash Offer in Real Estate appeared first on Maximum Real Estate Exposure.

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Daily Links: State Rent Voucher Plan Targets NYC Homeless Crisis

Brownstoner

In the News At 83, East New York Woman Charged With Dismembering a Third Victim [NYT] Park Slope Transgender Educator and Activist, Dies at 80 [NYT] Artist Thrives by Building Models of Popular Brooklyn Restaurants, Stores [Eagle] Blossoms Bloom Beside the Belt Parkway at Coney Island Flower Biz [BP]. Is Double Parking Getting Out… Read More > The post Daily Links: State Rent Voucher Plan Targets NYC Homeless Crisis appeared first on Brownstoner.

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Would You Hire Yourself—or Fire Yourself?

RIS Media

If you lead a team, you have an idea of the types of people you want on your team. You know the kind of experience level, skill and work ethic that will help your team be the most successful. And you know the kind of daily performance indicators that distinguish “A” players from the rest of the pack. So, what if you came up as a hiring prospect for your team?

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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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Demo Looms for Greenpoint’s NuHart Plastics Amid Superfund Cleanup Ahead of Luxury Development

Brownstoner

Cleanup is moving along at the former NuHart Plastic Manufacturing plant in Greenpoint as a developer prepares to build two mixed-use buildings with luxury apartments on the heavily contaminated property, which is close to the waterfront and its new luxury towers. Until it was declared a Superfund site, preservationists spent… Read More > The post Demo Looms for Greenpoint’s NuHart Plastics Amid Superfund Cleanup Ahead of Luxury Development appeared first on Brownstoner.

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Crye-Leike Earns Industry Leading Website Quality Certification

RIS Media

Crye-Leike Real Estate Services has announced that it has received the 2022 Website Quality Certification from Leading Real Estate Companies of the World (LeadingRE). Led by chief information & operations officer, Gurtej Sodhi, and director of software development, Angie Bird, the Crye-Leike Information Technology team spent countless hours during 2021 improving the website’s performance, functionality, design and more, the company stated.

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Brooke Shields Gets $7.4M for her Charming Longtime Home in Los Angeles

Fancy Pants Homes

After 25 years of enjoying the sprawling canyon views of her Pacific Palisades abode, Brooke Shields parted ways with her longtime home. The Blue Lagoon actress sold the secluded 5-bedroom house for $7,400,000 after bringing it to market in the first half of 2021 for $8.2 million. The property was listed with Jade Mills and Albert Sousa of Coldwell Banker Realty, while Cody Garcia of The Agency repped the buyer — who Dirt.com identified as actor Sam Page.

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What’s the Best Week to List a Home in 2022?

RIS Media

With a continuing whirlwind market expected in 2022, it can be hard for sellers to know the optimal time to put a home on the market. But according to Realtor.com’s fourth annual Best Time to Sell Report, the best week to list nationwide this year is April 10-16. With buyer interest accelerating weeks before the usual start of the Spring buying season, getting a head start on the competition will likely pay off for 2022 sellers, realtor.com suggests.

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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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Rising rents and mortgage rates drive inflation to new highs

Realty Biz

The rising cost of housing is one of three main factors driving rapid inflation in the U.S., according to data released by the U.S. Department of Labor last week. The Department said the largest three items in household budgets – namely shelter, gasoline and food – all saw cost increases, helping to fuel the highest inflation rates in the country in February since 1982.

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Advice from the Top: ERA Brokers, Executives Offer Insight Into Advancing Women’s Leadership in Real Estate

RIS Media

In celebration of Women’s History Month, ERA Real Estate’s Hera Society, the brand’s dedicated group focused on advancing women leadership within the affiliated network and the industry, recently hosted a roundtable discussion to uncover actionable insights to advance greater inclusion for women in real estate leadership. Representing more than 130 years of collective real estate experience, ERA Hera Society’s panelists explored an array of topics from responding to recent events such as the COV

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Pyramid Shows 36 Million Households Cannot Afford a $150,000 Home

Eye on Housing

As described in a previous post, NAHB’s recently released its 2022 Priced-Out Estimates, showing that 87.5 million households are not able to afford a median priced new home, and that an additional 117,932 would be priced out if the price goes up by $1,000. A second post showed the households priced out by higher interest rates. This post focuses on.

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Will A.I. Be a Good Thing for Real Estate Agents?

RIS Media

From virtual home walk-throughs that shorten the buying process to the ability to predict your home’s value from your smartphone, A.I. is becoming increasingly more entwined with real estate. But does that mean real estate agents need to worry about artificial intelligence taking their jobs? The short answer: no. In fact, according to a recent article from CNBC , the advancement of artificial intelligence within the real estate industry may actually be a “game-changer” for real estate agents, to

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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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Three-year delays in recovery of “forced loans” to tenants

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: Three-year delays in recovery of “forced loans” to tenants. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Government effectively sets up residential landlords to take the full brunt of a tenant’s ire by forcing landlords to apply to the Landlord and Tenant Board to increase

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Home Design Styles for Every Homeowner

RIS Media

Follow this guide to break down different home design styles to immerse yourself in the design process. Traditional Design. This style incorporates intricate moldings and classic finish selections such as polished nickel or antique brass. Transitional Design. Transitional style is hallmarked by sleek, streamlined pieces paired with the warmth of a traditional space.

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Conventional loan vs. FHA loan: 2022 Rates and guidelines

The Mortgage Report

Compare FHA loans with 3.5% down vs. conventional loans with 3% down. Rates, requirements, credit score, eligibility, and benefits.

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Fathom Holdings Announces $10 Million Share Repurchase Program

RIS Media

Fathom Holdings Inc. has announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to $10 million of its outstanding shares of common stock. The share repurchase authorization does not have a fixed expiration, the company stated. “The share repurchase program underscores the board’s, and management’s, complete confidence in our company, including the strong business momentum we are experiencing and the growth oppor

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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.

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The Importance of Having a Strong HVAC System

RISMedia

By Lizzie Weakley In today’s world, technology is always evolving; just like your cellphones and laptops, HVAC systems are getting better every day. The good thing is, while upgrading other gadgets may increase your power bills, getting a better HVAC system can actually lower your power bills. And that’s not all. A strong HVAC system […]. The post The Importance of Having a Strong HVAC System appeared first on RISMedia's Housecall.

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HGAR Returns to Global MIPIM Conference

RIS Media

MIPIM business conference and networking event will welcome the Hudson Gateway Association of REALTORS® to its 2022 event in Cannes, France. HGAR will be among the 3,800 exhibiting companies at the event. They will be featured alongside 10 other state and local REALTOR ® Associations in the USA Pavilion, hosted by the National Association of REALTORS ® (NAR).

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Marcia Alderson’s song about racism, real estate and triumph

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: Marcia Alderson’s song about racism, real estate and triumph. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Marcia Alderson’s first foray into song writing tells the story of her mother, who tried to buy her first house in Scarborough in the 1950s.

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Berkshire Hathaway HomeServices Expands in Wyoming

RIS Media

Berkshire Hathaway HomeServices has announced its expansion in the West with the addition of Berkshire Hathaway HomeServices Hake Realty. Located in Worland, Wyoming, the addition marks the firm’s fifth network company in the state, and follows the brand’s recent expansion in North Carolina, Washington and Colorado. The brokerage is co-owned by Nikki and James Donahue.

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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.