HomeLight
OCTOBER 17, 2022
Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. You’ve heard the stories. You’ve seen the videos. You know your peers are generating leads and growing their business on YouTube. But something is holding you back. Maybe you don’t like how you look or sound on camera.
Housing Wire
OCTOBER 17, 2022
Freddie Mac today announced it will include a review of borrowers’ bank account data to identify a history of positive monthly cash-flow activity as part of its loan purchase eligibility assessments, according to a release shared with HousingWire. The organization says this move is intended to increase homeownership opportunities, and will be available to mortgage lenders through its automated underwriting system Loan Product Advisor (LPA), beginning on Nov. 6.
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Keeping Current Matters
OCTOBER 17, 2022
With higher mortgage rates, you might be wondering if now's the best time to buy a home.
Housing Wire
OCTOBER 17, 2022
The Howard County Food Bank in Columbia, Maryland, gained valuable volunteers and donations from Planet Home Lending as the organization partnered with Farmlink to deliver farm-fresh produce to the food bank. Volunteers from Planet Home Lending didn’t just donate canned goods and other grocery items — they got their hands dirty, pulled weeds, fertilized plants and supported multiple organizations through their volunteer efforts.
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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.
Eye on Housing
OCTOBER 17, 2022
Over the first eight months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 728,866. On a year-over-year (YoY) basis, this is 6.0% below the August 2021 level of 775,772. Year-to-date ending in August, single-family permits declined in all four regions. The South posted a modest decline of 3.9%, while the Midwest region reported the steepest.
Housing Wire
OCTOBER 17, 2022
Rocket Pro TPO, a division of Rocket Mortgage , launched a set of new tools this week for non-delegated correspondent lenders. Through the program, the homebuyer uses Rocket Pro TPO’s digital client portal to apply, submit documents and e-sign. Rocket then generates loan estimates, closing disclosures and final closing documents to the client through the portal.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
OCTOBER 17, 2022
Nearly two-thirds of builders surveyed reported a year-over-year decrease in sales in September, according to the BTIG/HomeSphere State of the Industry Report published on Monday. At 63%, this is the largest share of builders to experience an annual decrease in sales in the survey’s 59-month history. A year ago only 25% on respondents reported a decrease in sales.
Realty Biz
OCTOBER 17, 2022
The real estate industry is one of the many industries being disrupted by artificial intelligence (AI). From chatbots to predictive analytics, AI is changing the way real estate agents do business. Here's a look at how AI is impacting the real estate industry and what agents need to do to stay ahead of the curve. What is AI? Artificial intelligence sounds futuristic, no doubt influenced by popular culture.
Housing Wire
OCTOBER 17, 2022
Servicers’ forbearance rate declined marginally again in September, the Mortgage Bankers Association (MBA) reported Monday. But the trade group expects pressure in the coming months due to the worsening economic conditions and the destruction caused by Hurricane Ian. . The total number of loans in forbearance decreased three basis points from the previous month to 0.69% of the servicers’ total portfolio volume in September.
Toronto Realty Blog
OCTOBER 17, 2022
TorontoRealtyBlog. Can you believe it’s been three months already? Hard to fathom that the last time we looked at these rental statistics, summer was just underway… In a similar fashion, every time I go to the dentist, without fail, I remain amazed by the concept of my next visit. You finish your cleaning, get your care package of toothpaste, floss, and a new toothbrush, and you head out to reception to book your next cleaning. “Three months from now… ,” the recepti
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.
Housing Wire
OCTOBER 17, 2022
The Conference of State Bank Supervisors announced on Monday that Karen K. Lawson has been named as executive vice president for policy and supervision. The CSBS is a national organization of state bank regulators that supervises U.S. banks and certain non-depository financial services. In this role, Lawson will serve as a member of the CSBS executive leadership team and will be responsible for managing the policy and supervision business units.
HomeLight
OCTOBER 17, 2022
Disclaimer: Links and mentions of retirement communities in this post do not constitute an endorsement. Price ranges, services, and amenities can change — please visit a community’s website for the most up-to-date information. HomeLight always recommends doing your own research to determine which community destination is best for your situation. Retirement is an intimately personal matter.
Housing Wire
OCTOBER 17, 2022
As mortgage rates rose and housing inventory increased, home price growth decelerated in the third quarter of 2022, according to the Fannie Mae Home Price Index ( FNM-HPI ) released Monday. The FNM-HPI found that home price growth was at an annualized rate of 13.2% in Q3 2022, down from 19.1% in the previous quarter. The FNM-HPI is a national, repeat-transaction home price index measuring the average quarterly price change for all single-family properties in the United States, excluding condos.
HomeLight
OCTOBER 17, 2022
Disclaimer: Links and mentions of North Carolina 55+ communities in this post do not constitute an endorsement. Price ranges, services, and amenities can change — please visit a community’s website for the most up-to-date information. HomeLight always recommends doing your own research to determine which community destination is best for your situation.
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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.
Housing Wire
OCTOBER 17, 2022
Bank of America delivered increases in revenues and net income in the third quarter of 2022, showing that some of its business lines were not walloped by high levels of inflation and economic contraction. That was not the case for the depository lender’s mortgage business. Overall, the bank recorded $7.1 billion in net income from July to September, besting the $6.2 billion in the second quarter of 2022.
App Folio
OCTOBER 17, 2022
From a shift to a hybrid work model to labor shortages and cybersecurity attacks, the community association management industry has.
Housing Wire
OCTOBER 17, 2022
With how important and critical information is in the current housing environment, we’re excited to share these session highlights from HousingWire Annual in Scottsdale, A.Z. with you through this free virtual event. The HousingWire Annual Remix includes replays of the top sessions at the event like the fireside chat with FHFA Director Sandra Thompson and a panel on the marketing strategies around M&A activity.
Bigger Pockets
OCTOBER 17, 2022
The IRS has authorized deadline extensions for taxpayers with 1031 exchanges that have been or may be impacted by Hurricane Ian. This affects taxpayers doing 1031 exchanges anywhere in the […].
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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.
Realty Biz
OCTOBER 17, 2022
Ask Bill Real Estate is a weekly column hosted by 35 year Real Estate Pro Bill Gassett. Bills Q&A will answer the most difficult questions for real estate agents, DIY, first time home buyers, and mortgage lenders email your questions now to billgassett@remaxexec.com. Question from Ron Jones Holliston, Massachusetts: I am considering purchasing a home that has a private well.
Real Estate Investar
OCTOBER 17, 2022
Following weeks of criticism from all sides of the property industry, the Queensland Government has decided to scrap its proposed changes to land tax.
Brownstoner
OCTOBER 17, 2022
James Lima Planning + Development has been selected as the facilitator for the Gowanus Rezoning Oversight Task Force, city officials announced Tuesday, with Principal Ben Margolis — the former head of the Southwest Brooklyn Development Corporation — serving as the head facilitator. Margolis and the company will work with the… Read More > The post City Announces Appointment of Facilitator for Gowanus Rezoning Oversight Task Force appeared first on Brownstoner.
Realty Biz
OCTOBER 17, 2022
Did you know that about 1.5 million people are members of the National Association of Realtors and that about half a million homes are put up for sale annually? If you're a realtor, you have a lot of competition across the country. While effective marketing, excellent customer service, and networking will help you attract more people looking to buy and sell homes, you need to do more.
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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.
Bigger Pockets
OCTOBER 17, 2022
The short-term rental game is not one to enter lightly. Regular rental property investors shudder at the constant turnover, consistent guest complaints, and far more intensive upkeep that vacation rental […].
BubbleInfo
OCTOBER 17, 2022
Bill has been following the inventory in different markets, and San Diego is faring much better than other areas. He is showing a 23.8% drop in new listings YoY, but last year was the record low. Look at the previous years: September New Listings, San Diego County Detached and Attached Homes: 2005: 6,325 2006: 5,735 […].
Realty Biz
OCTOBER 17, 2022
Knox Financial , the fintech company making it easy to buy your next home and turn your old house into a smart, reliable financial asset, today announced a range of new products on the Knox Investment Property Platform. Collectively, Knox’s new offerings will give homeowners the ability to turn their homes into investment properties that are aligned with their financial objectives.
Real Trends
OCTOBER 17, 2022
HousingWire recently spoke with David Childers, president of Keeping Current Matters, about the challenges of the current market for agents and how agents can position themselves as experts. HW: Mortgage rates are soaring, impacting housing affordability even further. What’s your perspective on the current market? David Childers: Very quickly the real estate market has come to an inflection point caused by skyrocketing mortgage rates and the dramatic rise in home prices over the past two years.
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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.
Brownstoner
OCTOBER 17, 2022
It is all classic Italianate details on the exterior, but this circa 1850s brick in Boerum Hill got a streamlined reno that includes a sinuous, modern stair. The single-family at 168 Bergen Street has four floors of living space, central air, a wine cellar and a landscaped rear yard. Within the… Read More > The post Boerum Hill Italianate With Sleek Reno, Central Air, Wine Cellar Asks $8 Million appeared first on Brownstoner.
Sotheby's International Real Estate
OCTOBER 17, 2022
From a modern masterpiece in New York, New York, to an impressive Victorian home in Dublin, Ireland, these are this month’s four featured notable properties for sale over $6 million. New York, New York. Nikki Field | Sotheby’s International Realty – East Side Manhattan Brokerage. Residence 4/5A is an architecturally significant Duplex boasting over 70 feet of direct Central Park views over two floors.
Brownstoner
OCTOBER 17, 2022
In the News A Housing Crisis Has More Politicians Saying Yes to Developers [NYT] [link] In Battle Against Trash and Rats, N.Y.C. Officials Try a Schedule Shift [NYT] Can $50 Million Make a Dull Brooklyn Office Park Cool? [NYT] Green-Wood Cemetery Upgrades for Stormwater Resiliency [Eagle] Prospect Heights Psychotherapists Analyze Their Local Rats [Patch] Bed Stuy Bar… Read More > The post Daily Links: To Shrink Rat Buffet Hours, City Moves Garbage Curb Time to 8 p.m. appeared first on
Redfin
OCTOBER 17, 2022
Throughout our lifetime, it’s easy to accumulate belongings that we may no longer use. Whether it’s a gift you didn’t want in the first place, an expensive kitchen appliance you haven’t used in years, or a wardrobe that no longer suits you, it can be hard to part ways without feeling guilty. But let’s face it, clutter has the ability to multiply as soon as you take your eyes off it.
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