Wed.Oct 12, 2022

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Opinion: ICE/Black Knight merger could raise mortgage costs

Housing Wire

It’s no coincidence that the post-2008 crisis mortgage expansion happened to occur during a period marked by transformative technological change in the industry. However, a double whammy of building economic headwinds and a proposed merger between ICE Mortgage Technology and Black Knight threatens to upend much of the benefit from robust competition that fostered considerable innovation in mortgage technology over the last decade.

Mortgages 435
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Four Things That Help Determine Your Mortgage Rate

Keeping Current Matters

If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan.

Mortgages 299
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Black Knight integrates servicing platform with Surefire CRM

Housing Wire

Black Knight announced the integration of its digital servicing platform and its Surefire CRM, which it says will enhance customer engagement and retention. Servicing Digital , offered as an app or responsive web design, allows customers to easily access their loan- and home-related information, as well as perform self-service capabilities. Surefire is a mortgage-specific marketing automation and content solution that helps mortgage professionals reach new customers and earn repeat business. .

Loans 476
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Well Inspectors Provide Inspections When Buying Homes With Wells

Maximum Exposure Real Estate

Things To Consider When Buying A Home With A Well Well inspections are critical when buying a home with a well as the primary water source. Buyers considering homes in rural settings will often encounter houses for sale that get their water from wells. With homes drawing on municipal sources, there is an assumption that […]. The post Well Inspectors Provide Inspections When Buying Homes With Wells appeared first on Maximum Real Estate Exposure.

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The 2025 Real Estate Roadmap to Success

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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Home sales are going to nosedive in 2023, Fannie Mae says

Housing Wire

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. Fannie Mae ‘s Economic and Strategic Research (ESR) Group now forecasts total single-family home sales to decline 18.1% to 5.64 million units this year from 2021, a further downward revision from September’s projected 17.2% drop.

Sales 448
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Building Materials Prices Decline in September

Eye on Housing

The prices of building materials decreased 0.3% in September (not seasonally adjusted) according to the latest Producer Price Index (PPI) report. The PPI for goods inputs to residential construction, including energy, declined for the third consecutive month in September (-0.1%). Prices have fallen 2.3% since June, the largest three-month drop since April 2020.

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Mortgage Activity Continues to Fall as Rates Rise

Eye on Housing

Per the Mortgage Bankers Association’s (MBA) survey through the week ending October 7th, total mortgage activity declined 2.0% from the previous week and the average 30-year fixed-rate mortgage (FRM) rate rose six basis points to 6.81%. The FRM has risen 80 basis points over the past month, reaching its highest level since 2006. The Market Composite Index, a measure of.

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Guaranteed Rate taps Stavvy to scale eClosings

Housing Wire

Stavvy , a fintech company at the intersection of lending and real estate, on Wednesday announced partnering with Guaranteed Rate , one of America’s largest nonbanks. The companies say together they will drive digitization and enable relationships across the mortgage ecosystem, “from title and settlement agents to real estate professionals.”. Guaranteed Rate stated that due to a focus on agent’s digital adoption, the two companies are poised to drive transformation and accelerate the numbe

Title 418
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5 Ways To Be A More Successful Real Estate Agent

Easy Agent Pro

Most of what attracts people to the real estate industry are the allure of great commissions and making lots of money. There are quite a few factors that influence how successful a real estate agent is at what they do. To have great success, you need to understand the game and play it well. A big part of this is understanding how to attract leads and convert them into sales.

Agents 116
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Mortgage demand plunges as costs reach new heights

Housing Wire

Mortgage demand continues to decline amid surging home loan rates, according to the latest survey from the Mortgage Bankers Association (MBA). . The mortgage composite index for the week ending Oct. 7 fell 2% from the prior week and 68.7% compared to the same period in 2021, on an adjusted basis, the survey shows. The refinance index decreased 1.8% from the previous week and was 86% lower than the same week one year ago.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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12 Memes You Need to See if You’re Thinking of Selling Your House without an Agent

Lighter Side of Real Estate

Selling your house without an agent can sound appealing and pretty easy to do. Some people think they’ll save a ton of money on commission if they just stick a “for sale” sign on the lawn and hold a couple of open houses. To be fair, some people do successfully sell their house on their own. But it’s not as easy as it looks, and the majority of people who try to sell “for sale by owner” (FSBO) just aren’t able to.

Agents 109
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Payload partners with PDS to integrate SoftPro

Housing Wire

Payload, a fintech company focusing on automated payments with API architecture, on Tuesday announced a partnership with technology services provider Premier Data Services , to launch an integration with SoftPro, an escrow and closing software. The aim of the integration is to offer completely embedded electronic payments for real estate closing disbursements and payouts.

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6 Signs Your Real Estate Agent Is “Quiet Quitting” and It May Be Time to Find a New One

Lighter Side of Real Estate

The concept of “quiet quitting” came out of nowhere this year, and has quickly become a term pretty much everyone’s heard. But just in case you’re not familiar with what that is, it’s when someone doesn’t actually quit their job, but starts doing the bare minimum needed without getting fired. Most real estate agents can’t even relate to what that would be like!

Agents 109
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Homepoint shrinks its lending capacity

Housing Wire

Home Point Financial Corp. has terminated a master repurchase agreement and securities contract with Credit Suisse First Boston Mortgage Capital and Morgan Stanley Bank , according to filings with the Securities and Exchange Commission. The financing arrangement was struck on June 3, 2020 with the maximum aggregate borrowing authority totaling $300 million, according to Home Point’s 8-K filing disclosed on Tuesday.

Lending 418
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Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

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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If It’s Such a Bad Time to Buy Real Estate, Why Are the Wealthy Doing It?

Lighter Side of Real Estate

According to this Housing Wire article , 75% of people recently polled by Fannie Mae felt pessimistic about the real estate market, and that it’s not a good time to buy a house. So, if you’re among the many who feel that way, and you’re thinking about holding off for prices to come down, you’re not alone. Considering that interest rates are up and prices haven’t dropped as much as buyers would like, it isn’t surprising to hear that news.

Finance 109
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146-year old title industry battles cybercrime threats

Housing Wire

A record number of title insurance professionals gathered on Coronado Island, just a few miles from downtown San Diego, at the Hotel del Coronado for the American Land Title Association ’s annual ALTA One conference on Wednesday. Opened in 1888 and known for its the intricate wood work and open designs in the main lobby and “Crown Room,” the historic resort is nearly as old at the title industry itself (ALTA was founded founded in 1907 but the first title company was opened in 1876).

Title 418
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107 Real Estate Memes Realtors Can’t Stop Sharing

The Close

Looking for some spicy real estate memes to share with your coworkers and clients? You’re in luck. We locked our crack team of real estate comedy writers in the basement for another week and told them they couldn’t leave until they came back with these 107 hilarious memes. In this update, we worked with the Lebron James of real estate memes, Eric Simon, aka The Broke Agent.

Agents 105
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Investor Update: The “10 Deals on $20K/Year” Investor’s Explosive Growth

Bigger Pockets

Ashley Hamilton is a landlord, multi-unit investor, reverse flipper, hard money lender, and everything else in between. You may recognize her name from episode 331, appropriately titled “10 Real Estate […].

Investor 104
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Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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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“We remember who pays us, and we remember who doesn’t”

Real Trends

When buyer demand was surging, homebuilders often refused to pay commissions to buy-side agents. But with cancelations on the rise amid a brutal market, builders are not only paying agent commissions again, some are offering bonuses. In the summer of 2021, Alanna Strei took a client to check out Cornerstone Communities ‘ “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego.

Agents 102
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6 Charts That Paint A Picture Of Where The Housing Market Is At

Bigger Pockets

The housing market is in an unfamiliar place. After several years of appreciation and a few years of massive booms across the U.S., the train is finally losing steam. With […].

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How Come Crypto Mining is So Polluting? What Can Be Done to Face This Issue?

Realty Biz

Criticism over cryptocurrency's massive electricity consumption has been voiced for many years, but recently it got official approval: The White House released a report detailing the magnitude of digital token mining’s electricity requirements - and it is very concerning. The report said that cryptocurrency mining consumes as much power as all the data centers in the world, holding governments back from the ‘ Net-Zero ’ objective that they strive to achieve.

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Downtown Carlsbad Penthouse

BubbleInfo

Sent to me by bulk email, and probably sent to all agents. The HOA fee is $913/month: Explore the ultimate in luxury living with Grand Jefferson’s spectacular penthouse residence, where you can enjoy all the amenities of a sprawling estate home with none of the maintenance. Showcasing a total of 7,400 sq. ft. of private indoor/outdoor, […].

Agents 97
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The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

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Artificial Intelligence and Real Estate in 2022

Agent Fire

There are a million ways AI can simplify the property buying and selling process for real estate agents and brokerages. Here's how and what's next. Artificial Intelligence and Real Estate in 2022 is just one of many great real estate strategies on The Spark.

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NSDCC Median $/SF

BubbleInfo

Instead of using the median sales price as a gauge, let’s look at the history of the median $/sf to help bring the size of the homes into the equation. Thoughts: I remember 2018 and 2019 being fairly flat and a bit of a struggle. Rates had been in the 3% to 4% range during […].

Sales 90
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The Real Estate Software Tools You Need as an Agent

Realty Biz

If you’re looking for a “secret weapon” as a real estate professional that will give you an edge over your competition, you’ve come to the right place. Here are some of the most real estate software tools that you should be using as an agent in today’s marketplace. Zillow Premier Agent. Let’s begin with the elephant in the room. Whether or not you like Zillow as a platform, it’s ubiquitous because of how robust its feature set is.

Agents 86
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Get a Glimpse Inside Some Boerum Hill Beauties With the in-Person Return of the House Tour

Brownstoner

Architecture, real estate and design enthusiasts will get a chance to feast their eyes on some interiors this fall with the return of the Boerum Hill House Tour. Normally a biennial event organized as a fundraiser for the Boerum Hill Association, the event was last held in 2018. After a… Read More > The post Get a Glimpse Inside Some Boerum Hill Beauties With the in-Person Return of the House Tour appeared first on Brownstoner.

Design 81
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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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Greenfield & Behr Residential merge with Coldwell Banker Premier for a Dominant Real Estate presence in Shenandoah Valley

Realty Biz

Greenfield & Behr Residential, a leading independent real estate company in Winchester and Frederick County, VA, announced today it has merged with Coldwell Banker Premier, a regional powerhouse serving Virginia, West Virginia, Delaware, Maryland, North Carolina, Washington, D.C. and Pennsylvania. The two companies, which will operate as Coldwell Banker Premier, combined for $221.6 million in sales volume over the last 12 months in Winchester, Frederick, and 7 other surrounding counties.

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Free Webinar Shares Tips on How to Buy a Home in NYC as Interest Rates Soar

Brownstoner

Interested in buying real estate in NYC? Curious to see what options are available for the different types of properties in Brooklyn, Queens, Manhattan, Staten Island and The Bronx? Anxious about rising interest rates? Wondering how to get started? Then you don't want to miss the free webinar "Tips on Home… Read More > The post Free Webinar Shares Tips on How to Buy a Home in NYC as Interest Rates Soar appeared first on Brownstoner.

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Quebec-based Urbanimmersive Acquires CoreLogic’s HomeVisit Visual Marketing Tool Chest

Realty Biz

Urbanimmersive logo. Urbanimmersive has announced having acquired the assets of CoreLogic's HomeVisit for stocks and other considerations estimated at around $8 million. The deal will see the industry's leading visual content marketing tool integrated into Ubranimmersive’s tool chest. . HomeVisit provides visual content marketing-focused real estate solutions, including property listing photography, videography, 3D tours, drone imagery, printing services and other related services.

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Once Part of a Colonnade Row, Williamsburg Wood Frame With Parking Asks $2.125 Million

Brownstoner

There are only a handful of photos in the listing, but this Williamsburg wood frame has enough history behind it to make it an intriguing prospect. Despite changes to its exterior it is still possible to discern the Greek Revival colonnade row origins of 201 Richardson Street. The… Read More > The post Once Part of a Colonnade Row, Williamsburg Wood Frame With Parking Asks $2.125 Million appeared first on Brownstoner.

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Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.