Mon.Aug 24, 2020

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80% of economists see a chance of a double-dip recession

Housing Wire

Almost 80% of economists say there’s at least a one-in-four chance of a double-dip recession, following a record 32.9% plunge in GDP in the second quarter, according to a survey released on Monday from the National Association for Business Economics. About 40% of respondents rate the COVID-19 response from Congress as “insufficient” and 37% said it’s “adequate,” according to the survey that summarized the opinions of 235 members and was conducted between late July and early August.

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The Top Reasons People Are Moving This Year

Keeping Current Matters

Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home. According to Zillow : “In 2020, homes went from the place people returned to after work, school, hitting the gym or vacationing, to the place where families do all of the above.

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James Kleimann of The Real Deal joins HousingWire

Housing Wire

James Kleimann is joining HousingWire as Mortgage Editor to help the company sharpen coverage in housing finance, while also expanding into other housing verticals like real estate, title/escrow and appraisal. Working alongside HousingWire Editor in Chief Sar a h Wheeler , Kleimann will spearhead the editorial strategy for housing coverage on HousingWire.com. .

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Bringing Sail Freight Back to Brooklyn, Schooner Apollonia Delivers Goods to Red Hook

Brownstoner

Packed in the hold of a 1946 steel-hulled schooner, sacks of Hudson Valley malt and corn sailed into Brooklyn last week. The journey of the Schooner Apollonia down the river from Kingston wasn't a living history exercise, but an effort to bring carbon neutral shipping back to the Hudson River.… Read More > The post Bringing Sail Freight Back to Brooklyn, Schooner Apollonia Delivers Goods to Red Hook appeared first on Brownstoner.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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There are now 4 providers with MISMO RON Compliance Certification

Housing Wire

e-Closing platform Pavaso announced on Monday it has been awarded the Remote Online Notarization Compliance Certification through the Mortgage Industry Standard Maintenance Organization – making it the fourth company to receive the specialized certification. Originally introduced in April, the MISMO RON compliance certification was designed to assure RON tech providers meet a universal set of standards including credential analysis, borrower identification, capturing and maintaining a recording

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Here are the 2020 HW Insiders

Housing Wire

Operations have become increasingly important in today’s environment, and some companies have even offered sign-on bonuses for these roles as the need for them heightens. Many of the 2020 HW Insiders are from these operations roles, and their talent was put to the test during unprecedented times. And these operations superstars guided their companies through it with ease – from moving workforces remote to creating new digital elements in a time of social distancing.

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6 Surprising Things in Your Home That Can Trigger Anxiety During a Pandemic

Realtor.com

fizkes/Getty Images To say that we’re all feeling anxious while living through a global pandemic is quite the understatement. And our homes should be a place of respite during these challenging times—not somewhere the walls feel like they’re closing in. But what if your home is actually making your anxiety worse ? “When our external world feels threatening or uncertain, our internal sense of control gets out of balance,” says Karen Whitehead of Karen Whitehead Counseling

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[PULSE] Accountability is more important than action, and nothing happens without action

Housing Wire

Note: This is part four of a five-part series. Over the following weeks, Todd Duncan, sales entrepreneur and New York Times best-selling author, will showcase principles for mortgage and real estate professionals to embrace for success. Find more advice in his first , second , third and fourth pieces. I was in the back of an Uber having just landed in Boston.

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When a property is damaged prior to closing

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: When a property is damaged prior to closing. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. What obligations do sellers and buyers have in a real estate transaction when the property has been accidentally damaged – such as by a fire – prior to closing?

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Mortgage rates today, August 24, 2020, plus lock recommendations

The Mortgage Report

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

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Inventory Watch

BubbleInfo

The number of new listings this week reflected some slowdown which is typical this time of year as school gets rolling. We had 71 new listings between Carlsbad and La Jolla……but we had 82 new pendings! The lower-end of the market is drying up like a peach seed too. Here’s are the number of listings […]. The post Inventory Watch appeared first on bubbleinfo.com.

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How to pay off your mortgage early by paying extra

The Mortgage Report

You're allowed to pay extra on your mortgage to pay it off early. Here are three strategies to pay off your mortgage early if you have extra cash.

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2020: The Year Association Management Was Forced Into Efficiency

App Folio

This article was guest authored by Barry Coleman, Senior Vice President and Director of the HOA & Property Banking division of Pacific Premier Bank. What have we learned from 2020? OK, that’s a trick question. I predict we will be learning from 2020 for decades to come. In many ways, the COVID-19 pandemic has completely changed the way we do business.

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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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Wicker, Bamboo, and Cane? The Latest Eco-Friendly Craze in Home Decor

Realtor.com

NajaShots / Getty Images Love furniture made from wicker and bamboo? Then you may be up for the latest eco-friendly furniture material of the summer: cane. Cane is actually the peeled bark of rattan, which is a climbing palm that’s been used to make furniture for hundreds of years. And what’s old is new in the world of furniture as witnessed by the latest crop of caned pieces flooding the home decor market.

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Many Americans are on the brink of losing their homes

The American Genius for Real Estate

[REAL ESTATE BIG DATA] With eviction rates continuing to climb, vulnerable populations are being hit extra hard. Policymakers need to act. The post Many Americans are on the brink of losing their homes appeared first on The American Genius Real Estate.

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Tantalizing Tin: Distinctive Metal House Shines in the Florida Sun

Realtor.com

realtor.com A house clad inside and out with corrugated tin is available in Tallahassee, FL. The house on Waverly Road is on the market for $399,000, and its silver siding makes it a distinctive residence in this part of the Sunshine State. “Everything is built commercial construction–grade,” says listing agent Barry Bevis. The metal siding makes the home low-maintenance, while offering modern and clean lines, he says.

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Canada’s Largest Real Estate Markets Are Still Seeing Large Immigration Declines

Better Dwelling

Canada’s largest real estate markets partially attribute fast climbing prices to immigration. However, with a significant decline in permanent residents, prices have yet to slow down. Government of Canada (GoC) data shows new permanent residents admitted to major markets dropped in June. The decline was most notable in Toronto and Montreal, where numbers are down […].

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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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Swanky Sunset Strip Home Once Owned by Rock Hudson Finds a Buyer

Realtor.com

realtor.com, Metro-Goldwyn-Mayer/Getty Images Towering over one of the chicest strands of the Sunset Strip, a turreted home owned by the movie star Rock Hudson in the 1970s has eventually found the right price—and the right buyer. Listed in May for $3.75 million, the Country English-style property went into contract shortly after the asking price dropped from $3.75 million to $3.35 million.

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Best Moving Tips For a Less Stressful and Easier Move

Maximum Exposure Real Estate

Have a Less Stressful and Easier Move With These Tips Are you looking for some of the best moving tips? Moving from one home to another is a necessity that we eventually all have to go through when buying or selling a house. It’s stressful, can get quite complicated, and will be annoying at times. […]. The post Best Moving Tips For a Less Stressful and Easier Move appeared first on Massachusetts Real Estate Exposure.

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5 Traits of Top-Producing Teams

RIS Media

Use These Methods to Drive Sales and Exceed Team Goals. Top-producing real estate teams don’t happen by accident; they operate intentionally and are so consistently fluid in their business that they make sales appear easy and almost magical. Sales growth occurs year after year, and team members are both happy and confident as clients are won and sales volume grows.

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New York Led with Employment Gains in July

Eye on Housing

Nonfarm payroll employment increased in 47 states and the District of Columbia, in July compared to the previous month. The largest increase came from New York, which added 176,600 jobs during this time. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 1.8 million over the month of July, following an increase of 4.8 million.

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Discover North Palm Beach

Waterfront Properties

North Palm Beach is a small incorporated village located in Northern Palm Beach County along the intracoastal waterways and the Atlantic Ocean on a barrier island. The quite village has won the National Association of Home Builders as the best planned community in 1956 when the village was formed. The North Palm Beach area was developed in the early 1950’s by philanthropist John D MacArthur.

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‘Real Housewives’ Star Vicki Gunvalson Selling Her Orange County Home for $3.35M

Realtor.com

realtor.com, Charles Sykes/Bravo This Coto de Caza, CA, home is a place where wine has been thrown and insults have been hurled through the sun-kissed air. Yes, the residence of Vicki Gunvalson , the original member of the “Real Housewives of Orange County” who started the whole phenom, is now on the market for $3,350,000. Located behind gates , the five-bedroom, 4.5-bathroom, 5,456-square-foot home was built in 1995 and has been updated throughout.

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Former Home and Office of Marilyn Monroe’s Psychiatrist Listed for Sale in Manhattan

Fancy Pants Homes

If you’re a Marilyn Monroe fan, you’ll want to sneak a peek at this lovely property on Manhattan’s Upper West Side — that basically lets you walk in the blonde bombshell’s footsteps. Located at 155 East 93rd Street , this pre-war co-op was once the home and office of Dr. Margaret Hohenberg, Marilyn Monroe’s psychiatrist, and it’s currently on the market with a $1,125,000 price tag.

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Demand for newly built homes soars, but so is the cost of lumber

The American Genius for Real Estate

[HOMEOWNERSHIP] Many potential buyers are looking for newly built homes, but will builders be able to meet this demand with lumber prices on the rise? The post Demand for newly built homes soars, but so is the cost of lumber appeared first on The American Genius Real Estate.

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5 Data Proven Ways Agents Can Do 18% More Business

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.