Keeping Current Matters

JULY 11, 2022

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent.

Mortgages 245

Mortgages Marketing 245

Housing Wire

JULY 11, 2022

As Wells Fargo contemplates a smaller footprint in mortgage, the nation’s fourth-largest bank named Kleber Santos as chief executive officer of consumer lending. Santos joined the bank in November 2020 as head of diverse segments, representation and Inclusion (DSRI), a role he will keep until the bank names a permanent replacement. Before Wells Fargo, he worked for Capital One for 15 years in different positions, including as retail and direct banking president. .

Lending 370

Lending Banks Mortgages As-is 370

Brownstoner

JULY 11, 2022

“Why didn’t you come to us first?” and “How much would it take for you to walk away from this building?” The two questions, one for the owner of the Jacob Dangler mansion at 441 Willoughby Avenue in Bed Stuy and one for a developer planning to demolish it, were posed… Read More > The post How Much Would It Take to Walk Away? Locals Ask Developer, Owner of Bed Stuy’s Dangler Mansion appeared first on Brownstoner.

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Development 122

Housing Wire

JULY 11, 2022

As lenders look to pivot strategies amid refi-volume all but drying up, non-QM product options have risen in popularity. In light of that, HW Media CEO Clayton Collins recently sat down with Tom Hutchens, EVP of Production at Angel Oak Mortgage Solutions , to talk all things non-QM lending. . “Everybody in the industry knows how fast rates have gone up this year,” Hutchens said.

Lending 370

Lending Pre-qualification Loans Industrial 370

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Agents

GeekEstate

JULY 11, 2022

Over the past few years, the real estate industry has undergone tremendous transformations. This has led tenants and buyers to expect more from builders and agents. Also, we can’t overlook the fierce competition in the market where companies are putting their best foot forward to gain an edge over others. Thus, 3D architectural rendering has come to the rescue, helping businesses stand out from their peers and get the attention of their customers at once. 3D rendering has played a dominating rol

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Industrial Design Investor Technology 119

Housing Wire

JULY 11, 2022

Black Knight this week launched a tool that enables lenders to compare loan estimates and closing disclosures from closed loans to minimize expenses in a higher rate environment. Dubbed the Black Knight “fee cures suite,” the program combines loan information from the lender’s loan origination system with the firm’s Ernst fee data, as well as analytics from the company’s “actionable intelligence platform,” to minimize mandatory 0% and 10% fee cures.

Loan Officer 370

Loan Officer Loans Inspection Title 370

Housing Wire

JULY 11, 2022

Depository bank Citi has bolstered its mortgage business with the hire of industry veteran Darin Lugat, following a reorganization of its mortgage divisions to align with the bank’s retail operations. Starting Monday, he will be the new division lending executive for New York, New Jersey and Northeast Suburban, according to an emailed news release from a Citi spokesman.

Lending 370

Lending Marketing Banks Residential 370

The Mortgage Report

JULY 11, 2022

Rising mortgage rates have put the squeeze on home buyers. Here are nine tips to afford more house at today's rates without saving more cash.

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Mortgages Closing costs Closing 132

Housing Wire

JULY 11, 2022

Mortgage consulting firm LendArch has hired Karthik Kumar, the former global mortgage practice head at Tata Consultancy Services (TCS). He will serve as LendArch’s executive vice president and chief operating officer. . Kumar was a manager at Standard Chartered Bank from 2002 to 2004. He then spent 18 years at TCS, where he focused on solution architecture, operational delivery and entity transformation for most of the top-40 mortgage lenders and the largest vendors. “We intend to ch

Mortgages 369

Mortgages Technology Banks Lending 369

Brownstoner

JULY 11, 2022

For several years, Erica Samuels has shared her Ocean Hill basement apartment with her college-age daughter Janeé, her 11-year-old pit bull Dominic and a guinea pig named Angelica. But recently, the roach and rodent problem has become so severe that she has taken in a cat off the street, whom… Read More > The post An Ocean Hill Family Is One of More Than 12,000 in Brooklyn Facing Eviction This Year appeared first on Brownstoner.

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Marketing 105

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

Housing Wire

JULY 11, 2022

The federal government’s signature program to help homeowners from falling behind on their mortgage, having utilities shut off, or being forced out of their homes, is finally being rolled out across America through pilot programs. But servicers say that dealing with the $10 billion fund, dubbed the “Homeownership Assistance Fund,” has been chaotic and cumbersome.

Finance 364

Finance Mortgages Design As-is 364

The American Genius for Real Estate

JULY 11, 2022

With the highest volume of home purchase cancellations since COVID lockdowns were at their peak, there are positives and negatives to observe about this quantity of abandoned contracts. The post 60,000 home purchase contracts cancelled in June appeared first on The American Genius Real Estate.

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Maximum Exposure Real Estate

JULY 11, 2022

Many things can be mysterious when you have never purchased a home. Unfortunately, there is quite a bit of misinformation out there. One such topic is a house down payment. When buying a house, it is essential to have enough money to make a down payment. The down payment will help you purchase and pay […]. The post What is The Average Down Payment on a House appeared first on Maximum Real Estate Exposure.

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The American Genius for Real Estate

JULY 11, 2022

Quality brokerages are good at attracting top talent because they know the market. This NAR report is an important baseline for growing real estate companies. The post This NAR report is what all growing brokerages memorize every year appeared first on The American Genius Real Estate.

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Brokerage Marketing 105

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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.

Sales

Coldwell Banker

JULY 11, 2022

Tips for a peaceful first night in your new home. The post What To Pack For Your First Night In Your New House appeared first on Coldwell Banker Blue Matter.

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Sotheby's International Real Estate

JULY 11, 2022

To enjoy the most majestic landscapes on earth, you normally have to be willing to live rough for a few days. And the concept of living “off the grid” is certainly picturesque in theory, but cumbersome in practice. But what if there was no need to compromise, and you could have your own sustainable, self-sufficient luxury accommodations situated near priceless natural treasures?

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Brownstoner

JULY 11, 2022

In the News Where Is Brooklyn's Pete Panto? [NYT] Windswept Views, ‘Glories Strung Like Beads’: Exploring Brooklyn by Ferry [NYT] He Had a Dark Secret. It Changed His Best Friend’s Life [NYT] Mask Up, Brooklyn: City Health Officials Warn of Covid Spike [BK Paper] Bushwick Nonprofit Wins Affordable Housing Settlement [BK Reader] Brooklyn-Born Actor Tony Sirico,… Read More > The post Daily Links: New York Cracks Down on Landlords Who Keep Security Deposits Without Cause appeared first on

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App Folio

JULY 11, 2022

Maintenance is one of the biggest headaches and most time-consuming workflows for property management businesses. As a property manager, you.

Property Management 111

Property Management As-is 111

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

JULY 11, 2022

Only two floors of this Carroll Gardens brownstone are depicted in the listing, but there are enough details to entice, including plasterwork, moldings and a marble mantel. On top of that, the house is 25 feet wide and on a corner, with four exposures on some floors. At 393 Clinton Street,… Read More > The post Carroll Gardens Brownstone With Plasterwork, Wood Burning Fireplace Asks $8.75 Million appeared first on Brownstoner.

Marketing 98

Marketing 98

Real Trends

JULY 11, 2022

The average real estate agent is a 56-year-old white female who made $34,800 last year after taxes. That’s according to the National Association of Realtors member survey , publicized by NAR Monday. The study is not the last word on the American real estate agent. Just 9,220 responses to the 97-question survey were returned to an organization that counts 1.56 million members (the study was mailed out to 176,494 agents).

Agents 98

Agents Marketing Residential Investor 98

Realty Biz

JULY 11, 2022

If you’re planning to sell your apartment, it can be easy to become overwhelmed by the process and end up finding yourself with a big, costly headache that doesn’t result in the profit you were hoping for. If you aren’t careful, you can sell your property at the wrong time, with the wrong price, and to the wrong buyer. The good news is that you can use plenty of tips and tricks to sell your apartment successfully—and that’s exactly what we’re going to do right now. .

Residential 89

Residential Sales As-is Industrial 89

RISMedia

JULY 11, 2022

By Meghan Belnap Living in the country is at the core of many people's dreams. Fresh air, gardens and wild animals are a big part of the draw. If you're considering a move to the country, there are some things you should know about maintaining a rural property. Here are a few tips to help […]. The post How to Properly Maintain a Rural Property appeared first on RISMedia's Housecall.

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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

Realty Biz

JULY 11, 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 Stuart in VT: Hi Brian, For the last past six weeks, I’ve been searching online for houses. Several have sold before I even talked to an agent about them.

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Agents Inspection Seller disclosure Closing costs 83

Eye on Housing

JULY 11, 2022

Average hourly earnings for residential building workers* continue to rise in May as the construction labor market remains tight, meanwhile the growth rate is trending down given tightening financial conditions and increased economic uncertainty. According to the Bureau of Labor Statistics (BLS) report, average hourly earnings (AHE) for residential building workers were $29.18 in May 2022, increasing 5% from $27.79.

Residential 86

Residential Construction Marketing As-is 86

Notorious ROB

JULY 11, 2022

One of my favorite economic and finance analysts is a green chicken. Yes, I’m referring to Doomberg , a team with strong backgrounds in energy and heavy industry, who started writing in May of 2021. They’re funny, super insightful, and filled with insider knowledge about commodities, energy, manufacturing, and finance. Their newsletter was free until recently, but I think it’s worth every penny.

Investor 80

Investor Banks Finance Title 80

Real Trends

JULY 11, 2022

Assisting a customer as they complete a home purchase is a big responsibility that requires both hard knowledge and soft skills. When it comes to making an offer, even experienced homebuyers need reminders. Here are the most important things you need to make sure homebuyers knows before they make an offer. Comparable properties. When your customer finds a home they fall in love with, the first step is to make sure it’s worth the asking price.

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Seller concession Closing costs Inspection Title search 79

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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.

Agents

Realty Biz

JULY 11, 2022

Virtual tour software provider Matterport said this week it has acquired VHT Studios , a move that allows it to offer high-end photography alongside its virtual tours, drone imagery, floors plans and other marketing services. VHT Studios is a well-known provider of visual media services, thus it seems like a great fit for Matterport’s 3D Digital Twin platform.

Marketing 77

Marketing Technology Commercial Inspection 77

McKissock

JULY 11, 2022

In residential appraising, the cost approach and the income approach have in many cases become less utilized in favor of sole reliance on the sales comparison approach. There are occasions when the income approach can be the primary indicator of value for residential properties, such as developments with a high percentage of homes owned by investors.

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Residential Inspection Title Sales 72

Realty Biz

JULY 11, 2022

When you set out to purchase a home as buyer you will eventually find a property you love. At that point, you’ll sit down and construct on offer to purchase. The offer will spell out all of the common terms and conditions such as the offer amount, what you’re financing, any contingencies, and the closing date. Buyers and sellers will often negotiate these items before reaching an agreement.

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Earnest money deposit Purchase and sale agreement Marketing Equity 76

Redfin

JULY 11, 2022

Those lucky enough to live in Atlanta and call it home know how much this city has to offer. From the lively music scene to the endless recreational activities, there’s a little bit of something for everyone. With a plethora of parks, lakes, and nearby hikes, the amount of green space in Atlanta is unmatched – and don’t even get us started on the diverse food options.

Branding 62

Branding Closing Land As-is 62

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