Housing Wire

SEPTEMBER 19, 2022

Homebuilder confidence slid again in September, hitting its lowest level since May 2014 with the exception of the spring of 2020 at the onset of the pandemic, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Monday. In September, builder sentiment in the market for newly built single-family homes fell three points from August to a reading of 46 points.

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Sales Construction Mortgages Marketing 384

Keeping Current Matters

SEPTEMBER 19, 2022

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know.

Marketing 231

Marketing 231

Housing Wire

SEPTEMBER 19, 2022

Mortgage tech startup Staircase says it has launched a tool that enables mortgage insurers to automate the underwriting of non-delegated mortgage insurance (MI) policies for lenders at about half of the typical cost. Staircase’s mortgage insurance underwriting tool fully automates the non-delegated underwriting process by pulling documents and data directly from lenders to allow insurers to make instant policy decisions, the firm said.

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Mortgages Loans Industrial Technology 368

Realty Biz

SEPTEMBER 19, 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 Ellie in ID: Hi Brian, We had a purchase offer accepted more than four months ago but it hasn’t closed yet. In fact, our mortgage was just given final approval less than a week ago.

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Purchase and sale agreement Finance Inspection Mortgages 108

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Agents

Housing Wire

SEPTEMBER 19, 2022

The housing industry and market watchers in general are preparing for a big week as the Federal Reserve (Fed) is set to announce its next benchmark interest-rate move on Wednesday, Sept. 21, with most observers expecting at least a 75-basis point bump. Prospects for a historic one percentage point increase, however, remain on the table, according to some market watchers.

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Lending Mortgages Staging Equity 366

BubbleInfo

SEPTEMBER 19, 2022

The number of actives is in decline, but the pendings are hanging tough! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The $0 – $1,500,000 Market: Date NSDCC Active Listings Avg. LP/sf Avg. DOM # of Pendings Jan 3, 2022 9 $832/sf 35 36 Jan 10 9 $766/sf 28 29 Jan 17 13 $773/sf 26 27 Jan 24 9 $818/sf […].

Marketing 102

Marketing 102

Maximum Exposure Real Estate

SEPTEMBER 19, 2022

How much space is there in a home? You might want to know this for your own house or one you are looking to buy. Surprisingly, no national standards exist for how square footage is calculated in residential properties. Since there aren’t any national standards, many different methods for how to measure in sq ft […]. The post How is Sq Ft Calculated in a Home appeared first on Maximum Real Estate Exposure.

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Residential Marketing 101

Housing Wire

SEPTEMBER 19, 2022

Beginning a career as a real estate agent is an exciting time. You’ve just received your license and you are getting set up with a new team, but there are details and aspects to the career that might still seem foreign or intimidating. That’s why new agents shouldn’t miss these three panels at HW Annual that will set you up for a long, successful career. .

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Agents Loan Officer MLS Loans 353

Real Trends

SEPTEMBER 19, 2022

Christie’s International Real Estate Sereno announced that Eric Chu, leader of the Key Luxury Estates team in the San Francisco Peninsula market has joined Christie’s International Real Estate Sereno, exiting Keller Williams. Chu’s sales earned him the No. 100 small team by sales volume and No. 146 by transaction sides in California, according to RealTrends + Tom Ferry America’s Best Real Estate Professionals.

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Agents Residential Sales As-is 96

Housing Wire

SEPTEMBER 19, 2022

Select Portfolio Servicing Inc. (SPS) has struck a deal to acquire certain assets of Texas-based Rushmore Loan Management Services LLC. The deal, announced Monday, will result in Salt Lake City-based SPS acquiring Rushmore’s servicing personnel. The transaction is expected to close in the fourth quarter of 2022, subject to regulatory approvals.

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Loans Property Management Technology Branding 335

Advertiser: Trellis

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.

Loans

RISMedia

SEPTEMBER 19, 2022

By Emma Sturgis Once winter comes, you will regret ignoring home issues while the weather was nice. Figure out what you can do now to prepare your home for winter so that you can relax and know that you will stay warm and comfortable once the weather is cool. Have Someone Check Your Furnace to […]. The post Steps You Can Take Now to Prepare Your Home for Winter appeared first on RISMedia's Housecall.

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Housing Wire

SEPTEMBER 19, 2022

Servicers’ forbearance rate declined in August, excepting for Ginnie Mae loans, the Mortgage Bankers Association (MBA) reported Monday. The trade group expects pressure in the coming months if the unemployment rate increases. The total number of loans in forbearance decreased two basis points from the previous month to 0.72% of the servicers’ total portfolio volume in August, positive news after the economic impacts of the pandemic hit borrowers hard.

Loans 291

Loans Staging Mortgages Industrial 291

The American Genius for Real Estate

SEPTEMBER 19, 2022

Practicing real estate is far from simple and it can be an easy path to burnout. We have a few tips to learn how to slow down in life.

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Bigger Pockets

SEPTEMBER 19, 2022

College isn’t the only option after high school. In fact, it’s not even the best option. Typically, twenty-two-year-olds fresh out of college are launched into the workforce with a lot […].

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The American Genius for Real Estate

SEPTEMBER 19, 2022

As kids head back to school and people enter their post-summer work mode, homebuying is at its peak with low prices and high inventory.

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As-is 100

Bigger Pockets

SEPTEMBER 19, 2022

High interest rates are here. The mainstream media would tell you that it’s time to sit down and have a long sob over the soon-to-be-dead housing market. “It’s over, everyone! […].

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Marketing 83

Toronto Realty Blog

SEPTEMBER 19, 2022

TorontoRealtyBlog. I have been perhaps the harshest critic of the pre-construction condominium industry in Ontario over the past two decades. It’s an odd position for a real estate agent, of all people, to take. But having obtained my license to sell real estate in 2004, it didn’t take long for me to start questioning how the pre-construction industry in Ontario works, why we allow it to work that way, and eventually, why people bothered purchasing pre-construction condos at all.

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Construction Industrial Purchase and sale agreement Pre-approval 75

Eye on Housing

SEPTEMBER 19, 2022

Nonfarm payroll employment increased in 37 states in August compared to the previous month while 13 states and the District of Columbia lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 315,000 in August, following a gain of 526,000 jobs in July. On a month-over-month basis, employment data was strong in Kentucky, which.

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Construction Marketing 72

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.

Agents

Brownstoner

SEPTEMBER 19, 2022

A venue celebrating Japanese food and culture and showcasing three Japanese brands as they debut in New York City is getting ready to open soon at 50 Norman Avenue in Greenpoint. The complex holds Cibone, a retail shop with artisanal goods from Japan that includes a small art gallery; Dashi… Read More > The post Japanese Marketplace Comes to Greenpoint appeared first on Brownstoner.

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Branding As-is Marketing 75

Realty Biz

SEPTEMBER 19, 2022

Communicating your ideas online is a crucial skill to have. Clarity helps get your message across as successfully as possible, after all! Yet not everyone is an accomplished writer – sometimes a little help is in order. Cloud-based writing assistant Grammarly is one online service that provides that immediate help. It’s aided millions of people around the world who have used the app to proofread their prose and punch up their punctuation, pitching in from everything from their posts on social me

Land 71

Land Branding As-is Marketing 71

Brownstoner

SEPTEMBER 19, 2022

There's no denying this 1940s brick house in Brighton Beach needs some work, but for those able to see the potential charm, it has an eye-popping array of vintage features, including scalloped kitchen cabinets and colorful bathrooms. At 47 Brighton 11th Street, it sits within walking distance of both the… Read More > The post Brighton Beach Jitterbug-Era House With Vintage Kitchens, Deco Baths, Garage Asks $999K appeared first on Brownstoner.

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Marketing 74

The Close

SEPTEMBER 19, 2022

There’s no denying that the market has made a huge shift in the past several weeks. And now we’re faced with a new problem: How to have the price reduction conversation with our seller clients without them going berserk and throwing us to the curb. But, as real estate agents, we know that having this sticky conversation will be in the best interest of our clients.

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Marketing Sales As-is Closing 89

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.

Agents

Brownstoner

SEPTEMBER 19, 2022

In the News In New York City, the Demand for New Developments Is Bouncing Back [NYT] In the City That Never Sleeps, Some Doors Now Close at 10 p.m. [NYT] What Does It Mean to Be a Young, Black Queer Artist Right Now? [NYT] Civic Leaders Rally Around Brooklyn’s Embattled Maimonides Hospital [NYP] 850 Unvaxxed… Read More > The post Daily Links: Hundreds of Migrants Misdirected From Texas to Brooklyn Heights Office Building appeared first on Brownstoner.

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Development Closing 74

BubbleInfo

SEPTEMBER 19, 2022

There was at least 100 open-house attendees on Saturday, all of which were 60+ years old. The one-story homes are their own market, and likely to perform much better than the two-story segment which has at least 3x as many built, historically.

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Marketing 59

Brownstoner

SEPTEMBER 19, 2022

It seems the mayor has made up his mind. The Brooklyn-Queens Expressway will stay, necessary repairs will be made, and the administration hopes to mitigate the "racism built into our infrastructure," as he put it, by creating parks and plazas under the highway. The new plan, consisting of two parts… Read More > The post Mayor Adams Wants to Keep the BQE, Plans to Counter Highway’s ‘Racism’ With Parks, Plazas appeared first on Brownstoner.

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Mashvisor

SEPTEMBER 19, 2022

The best real estate investing opportunities are often highly sought out by competitors, so what can you do to gain an advantage over them?

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Investor 73

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Agents

Windemere Selling

SEPTEMBER 19, 2022

Nowadays, home staging is an integral part of the home selling process. The impact of home staging is crystal clear, but how you go about it deserves some consideration. Many homeowners will hire a home staging professional, trusting their expertise to make their home as appealing as possible to buyers. However, if hiring a professional isn’t in your budget, taking a DIY approach to home staging can deliver its own benefits. 7 Tips for Staging Your Home Yourself. 1.

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Staging Design As-is Agents 52

Yardi Marketing

SEPTEMBER 19, 2022

You’re probably at least somewhat familiar with the newest king of digital marketing: search engine optimization (SEO). SEO is the process of organically improving a web page’s ranking on search results pages, and it’s especially important in today’s multifamily industry, which has changed greatly in the past five years. For a long time, the dominant multifamily marketing strategy has been internet listing services (ILSs).

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Property Management Technology Industrial Marketing 52

McKissock Real Estate

SEPTEMBER 19, 2022

Vacation homes are known to be a costly investment due to the never-ending upkeep, maintenance, and cleaning costs — even during slow seasons when most homes are unoccupied. Second-home buyers are seeking alternative solutions to help them own vacation homes without incurring more costs and frustrations. Thus, homebuyers are embracing co-ownership of luxury properties as it allows multiple owners to share the capital costs while reaping the benefits of owning a vacation home.

Agents 52

Agents As-is Marketing 52

Redfin

SEPTEMBER 19, 2022

Located 60 miles east of Los Angeles is the historic city of Riverside. Home to 24 nationally registered historic sites and 100 city landmarks, Riverside was built around the citrus industry and is known for its sweet and zesty navel oranges. Riverside’s affordability, growing economy, temperate weather, scenic hills and valleys, and enviable location between the beach and the mountains make it a great place to live.

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Sales As-is Industrial Closing 51

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.

Sales