Keeping Current Matters

MAY 10, 2022

Many people are wondering: will home prices fall this year?

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Marketing 267

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Bringing together some of the top economists and researchers in housing, this event will provide an in-depth look at their latest insights on the housing market, along with a roundtable discussion on how this information applies to your business.

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Mortgages Equity As-is Marketing 476

The Mortgage Report

MAY 10, 2022

Learn how to refinance a second mortgage, including options to refinance a home equity loan, HELOC, or piggyback loan.

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Mortgages Equity Loans 131

Housing Wire

MAY 10, 2022

Nonbank heavyweight loanDepot reported an unprofitable quarter largely due to a steep decline in origination volume and expense reductions that did not keep up with the rapidly changing environment. The firm said it doesn’t expect to have a profitable fiscal year, citing pressures on margins and lower market volume. . The California-based company reported a net loss of $91.3 million in the first quarter, compared to a net income of $14.7 million from the previous quarter.

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Principal Loans Equity Mortgages 435

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Development

Eye on Housing

MAY 10, 2022

In the first quarter of 2022, the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) on Bank Lending Practices showed a significant net share of banks reporting more relaxed lending standards and weaker demand for most categories of residential real estate (RRE) loans. “Significant” net shares of banks reported weaker demand for all RRE loan categories other than subprime.

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Banks Loans Loan Officer Lending 128

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Bringing together some of the top economists and researchers in housing, this event will provide an in-depth look at their latest insights on the housing market, along with a roundtable discussion on how this information applies to your business.

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Construction Marketing As-is Sales 418

Housing Wire

MAY 10, 2022

Detroit-based Rocket Companies , the parent of Rocket Mortgage , generated a whopping $1 billion profit in the first quarter, up from $865 million the previous quarter. Compared to its main competitors, the lender seems to be in a comfortable place. United Wholesale Mortgage (UWM) reported a much lower profit of $453.2 million from January to March, buoyed by adjustments in the fair value of mortgage servicing rights (MSRs).

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Principal Loans Title Mortgages 418

The Close

MAY 10, 2022

Looking to power up your real estate marketing? As tech-savvy, licensed real estate professionals with decades of experience, we chose our seven favorite real estate marketing companies that can help solve your most pressing marketing challenges with efficient, outsourced solutions. Whether you need a comprehensive, enterprise-wide strategy or simply some focused attention paid to your social media, video content, or print marketing, we’ll help you pinpoint the right real estate marketing compan

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Marketing Branding Design Agents 122

Housing Wire

MAY 10, 2022

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. The problem: They did not qualify for the loans. Hill’s scheme, also enabled by a group of co-conspirators, caught up with him, in part because many of the loans started going south. In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA).

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Mortgages Marketing Loans Finance 418

The Mortgage Report

MAY 10, 2022

Today’s mortgage and refinance rates Average mortgage rates fell appreciably yesterday. They’d started the day rising but switched directions later in the day. This morning, it’s looking as if mortgage […].

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Mortgages 119

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

MAY 10, 2022

As the first quarter unfolded, macroeconomic risks created strong headwinds for mortgage companies. The greatest concern is quickly rising mortgage rates, resulting in overall margin compression and essentially a nonexistent market for refinances. Fannie Mae forecasted in early March that mortgage rates would approximate between 3.7% and 3.9% this year, but by April 7, the national average for a 30-year mortgage had already reached 4.72%.

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Industrial Mortgages Loans Equity 418

Eye on Housing

MAY 10, 2022

Population growth in the United States amounted to just 0.12% in 2021 (between July 2020 and July 2021), the slowest rate on record dating back to 1900. The sharp slowdown in population growth over the past two years is almost entirely due to pandemic-related factors, namely decreased birth rates, increased mortality and decreased net international migration.

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Construction Marketing 116

Housing Wire

MAY 10, 2022

The mortgage-servicing rights (MSR) market went on a tear at the start of 2022, and that hot streak has continued into the second quarter as interest rates on 30-year fixed mortgages continue to rise — now up 2 percentage points since the start of the year and still seemingly upward bound. As rates rise, MSR prepayment speeds drop — a byproduct of diminished refinancing activity.

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Banks Mortgages Loans As-is 397

Fancy Pants Homes

MAY 10, 2022

Britney Spears’ name might be etched into our collective memory as the Princess of Pop that ruled the late 90s and early 2000s with hits like Baby One More Time , Oops!… I Did it Again , and Toxic. But due to her decades-long struggles with an overbearing conservatorship and tabloid bullying , the iconic singer’s legacy has grown into a telling tale on the pitfalls of stardom.

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Land Title As-is Industrial 116

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Brokerage

Housing Wire

MAY 10, 2022

The nation’s largest wholesale lender, United Wholesale Mortgage (UWM), in the first quarter of 2022 posted an increase in margins and profits over the prior quarter, increasing its purchase volumes to record levels. But the Pontiac, Michigan-based lender’s total loan production fell during the same period, reflecting a shrinking mortgage market. .

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Mortgages Loan Officer Loans Principal 397

HomeLight

MAY 10, 2022

Disclaimer: Company program details can frequently change. HomeLight always advises that you check a company’s website for the most up-to-date information. Whether you want to buy or sell a home, you’ll find a wealth of helpful information online. At some point in your journey, you may be curious to learn more about the difference between Redfin vs.

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Brokerage Agents Pre-approval Sales 115

Housing Wire

MAY 10, 2022

Despite a 40% year-over-year increase in market share to 1.4% during the first quarter of 2022, Doma Holdings was unable to produce a net profit. During the first quarter of 2022 , Doma recorded a GAAP net loss of $50.026 million, compared to a net loss of $11.8 million a year prior. In addition, the title insurer’s revenue was down 12% year over year from $127.8 million in Q1 2021 to $112.2 million in Q1 2022.

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Title Mortgages Closing Investor 370

Coldwell Banker

MAY 10, 2022

Coldwell Banker Realty and Coldwell Banker Warburg Gather for Global Luxury Networking Event. The post Coldwell Banker Forging Westchester-NYC Connectivity in Luxury Real Estate appeared first on Coldwell Banker Blue Matter.

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Brownstoner

MAY 10, 2022

A federal official has said that current and future residents of Gowanus should know that the ongoing cleanup of the Gowanus Canal is “inadequate,” and will remain that way until the city finishes construction on two behind-schedule sewage retention tanks. “[We should be] getting the message out to people to know… Read More > The post Gowanus Canal Cleanup ‘Inadequate’ Until City Finishes Delayed Retention Tanks, EPA Warns appeared first on Brownstoner.

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Construction Development 105

App Folio

MAY 10, 2022

The rental housing market in Los Angeles has shifted drastically over the last few years, and so have its residents’.

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Marketing 104

Brownstoner

MAY 10, 2022

In the News New York’s Dancehall Parties Are 'A Different Type of Turn Up’ [NYT]. MTA Orders Bus Drivers Not to Open Back Doors to Combat Fare Evasion [NYP]. Mayor Adams Defends NYPD Arrest of Brooklyn Subway Vendor [amNY]. Bed Stuy Artist Is Devising Her Own Apartment With Her Dog, Mort… Read More > The post Daily Links: Mayor Backs Arrest of Longtime Broadway Junction Mango Vendor appeared first on Brownstoner.

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RIS Media

MAY 10, 2022

SkySlope, a real estate transaction software company, has launched Breeze, a streamlined application that aims to make disclosure forms easy for agents and sellers to complete, the company states. According to a release, SkySlope’s core product, SkySlope Suite, enables brokers, agents, auditors, and transaction coordinators to track their deals while remaining compliant.

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Seller disclosure MLS Agents Brokerage 98

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Agents

Brownstoner

MAY 10, 2022

Anyone familiar with Brooklyn's Kinko houses may well be intrigued by the possibility to own a unit in one that's turned condo. The early 20th century genre comprises two duplexes, each laid out like a house with its own private entrance, and this one is no exception. It's located on… Read More > The post Park Slope Tudor-Style Kinko Duplex Condo With Fireplaces, Secret Door, Terrace Asks $3.6 Million appeared first on Brownstoner.

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RIS Media

MAY 10, 2022

The months of May, June and July offer seller premiums of 10% or more above market value—with the top 15 best days to sell in the month of May alone, according to ATTOM’s new analysis of single-family homes and condo sales over the past 11 years (from 2011-2021). According to the report, the top five best days to sell a home with the greatest seller premiums above market value include: May 23 (18.3% seller premium); May 27 (17.0% seller premium); May 16 (16.8% seller premium); May 20 (15.4% sell

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Sales Marketing Industrial Agents 98

Brownstoner

MAY 10, 2022

This week, a look back at four of our featured listings from six months ago focuses on homes in Midwood, Park Slope, East Williamsburg and Williamsburg. How did they fare? In Midwood, an early 20th century house has a porch, garage and plenty of space indoors and out. The fully detached… Read More > The post Brooklyn Real Estate Listings Six Months Later: Three Sold, One Still Available appeared first on Brownstoner.

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Marketing 98

RIS Media

MAY 10, 2022

Join me in a quick thought experiment: You only have 30 days to get your business ready for the next year. You’ve got 30 days, and then you’re not allowed to do anything to develop your business again until a year from now. Obviously, the idea of taking 11 months off from developing your business is a little absurd. We’re in it every day, always seeking to find that thing to take us to the next level.

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Development Agents Industrial 98

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Sales

Brownstoner

MAY 10, 2022

Interested in making the move to Westchester? Curious to see what options are available and the different types of properties? Wondering how to get started? Then you don't want to miss the free webinar "Tips on Buying in Westchester" on Thursday, May 19, at 3:30 p.m. The webinar, part of the Brownstoner… Read More > The post Register Now for Free Webinar on Buying a Home in Westchester on May 19 appeared first on Brownstoner.

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RIS Media

MAY 10, 2022

Your team needs direction, coaching, communication, focus, accountability and culture. Your best vehicle for providing all of these at the same time is your sales meeting. Your sales meetings can drive more listings, sales and ultimately income each week, and offers the best setting to provide your team with the necessary and relevant sales skills training and coaching and assist them in learning how to use your brand’s marketing and technology tools to create more clients and appointments.

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Sales Branding Agents Brokerage 98

Realty Biz

MAY 10, 2022

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. Question from Betty in WV: Hi Brian, We are in our early 70s and have lived in our home for over 20 years. We are retired and need a one-floor house, hopefully in a warmer state.

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Investor Inspection Agents Equity 91

RIS Media

MAY 10, 2022

April data suggests that the U.S. housing supply is readying to rebound, as active listings posted the smallest year-over-year decline (-12.2%) since December 2019, according to the Realtor.com ® ‘s latest Monthly Housing Trends Report released this week. Inventory improvements were led by increases in the share of mid-sized homes, which could mean more listings available to families looking to upgrade from their starter homes—which could, in turn, potentially result in an uptick in first-time b

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Days on market Sales As-is Finance 98

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