Housing Wire

FEBRUARY 26, 2021

In Mississippi, single women on average paid 3.47% on a 30-year, conventional fixed-rate mortgage in 2019. But single men on average paid 3.37%, according to the latest HMDA data available. Over the lifespan of the mortgage, the single woman in this instance will have roughly $7,000 more in mortgage payments than the single man. Patrick Boyaggi, CEO and founder of Massachusetts-based lending startup OwnUp , says this issue hasn’t drawn enough attention in the mortgage space.

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Keeping Current Matters

FEBRUARY 26, 2021

Some Highlights. Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers , and rising in price , homeowners are in the driver’s seat. Reach out to a local real estate professional today if you’re ready to learn about the leverage you have as a seller in today’s housing market.

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Housing Wire

FEBRUARY 26, 2021

HousingWire Lead Analyst Logan Mohtashami joins the HousingWire Daily podcast to talk about why low mortgage rates need to end. During the interview, HW+ Managing Editor Brena Nath interviews Mohtashami on his most recent article , “We need higher mortgage rates to cool the housing market.”. In his opinion piece, Mohtashami states, “For 2021, we need to root for a repeat of what happened in 2013-2014 and 2018-2019.

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Mortgages Marketing 421

Lighter Side of Real Estate

FEBRUARY 26, 2021

There’s no denying that low inventory and increasing prices have presented challenges for buyers in today’s market—and that includes first-time buyers. But the market also offers a slew of benefits for first-time buyers—and many have had a positive experience buying a home in recent months. A recent survey from realtor.com asked over 1000 recent and prospective first-time buyers about their experience buying a home in today’s market—and much of the news was good.

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Marketing Mortgages 145

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Housing Wire

FEBRUARY 26, 2021

As origination volumes hit record highs in 2020, Truework’s verification experts saw a spike in fraud, and expect that trend to continue this year. HousingWire recently spoke with Jeffrey Morelli, General Manager of Truework Verifier, about what lenders can do to prepare for and overcome the growing threat of fraud and data inaccuracy. HousingWire: As we head into 2021, what are some challenges you foresee for lenders regarding employment verification?

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Housing Wire

FEBRUARY 26, 2021

Every month, Guaranteed Rate CEO Victor Ciardelli sits down and reads through story after story of people who are working to overcome extraordinary hardships and are in need of financial support, looking at ways the company can step in and provide help. . This is one of the final steps in the application process for the Guaranteed Rate Foundation, and it’s the part of the process that keeps the mission of the foundation close to home for Ciardelli.

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Better Dwelling

FEBRUARY 26, 2021

Canada’s government bond market is seeing yields surge, and it’s going to be felt in real estate. The Government of Canada‘s (GoC) 5-Year benchmark bond yield jumped yesterday. We know, we already covered rising yields just a few days ago. I promise this is kind of a big deal, and I’m not just harping on […]. The post Canadian Bond Yields Soar, And It May Be A Drag On The Spring Real Estate Market appeared first on Better Dwelling.

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Marketing Mortgages 145

Housing Wire

FEBRUARY 26, 2021

Tia Boatman Patterson. The California Housing Finance Agency announced Friday former executive director Tia Boatman Patterson will join the White House Office of Management and Budget as the associate director for housing, treasury and commerce in the new administration. Boatman Patterson began serving on the CalHFA’s board of directors in 2012 and was appointed as Executive Director just two years later by then-Gov.

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Finance Construction Lending Loans 381

Realtor.com

FEBRUARY 26, 2021

designer491 / Getty Images With tax season upon us, it seems like a good time to check what homeowners pay in property taxes —and a new survey confirms that where you live makes a huge difference in how much you’ll have to cough up. According to researchers at WalletHub , which analyzed tax data on all 50 states and the District of Columbia, the average American household pays $2,471 on real estate property taxes.

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Development

Housing Wire

FEBRUARY 26, 2021

TIAA Bank has tapped JPMorgan Chase ‘s head of consumer banking, Thasunda Brown Duckett, to succeed longtime president and CEO, Roger Ferguson, Jr. Thasunda Brown Duckett. With the hire, TIAA is now the first Fortune 500 company to have two Black CEOs in a row. At JPMorgan Chase, Duckett has led a banking network with more than $600 billion in deposits, 4,900 branches and over 40,000 employees.

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Banks Loans Finance Title 359

Realtor.com

FEBRUARY 26, 2021

Rene Scott/Houzz If you’re anything like us, you’ve looked around your home more than a few times over the past year and wished you could hire a designer to instantly elevate your space. But alas, for whatever reason—you don’t have the budget, or you’re lying low during the COVID-19 pandemic—professional design help just isn’t in the cards right now.

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Housing Wire

FEBRUARY 26, 2021

This HousingWire Daily podcast transcription features the first episode of Honest Conversations, a new miniseries that examines the state of minority homeownership. In this episode, Michael Neal , a senior research associate in the Housing Finance Policy Center at the Urban Institute discusses the history and data behind minority homeownership and housing discrimination.

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Sotheby's International Real Estate

FEBRUARY 26, 2021

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Palisades, New York | Richard Ellis , Ellis Sotheby’s International Realty . A house that was once owned by famed “60 Minutes” anchor Mike Wallace and hosted numerous other celebrities over the years has hit the market in Snedens Landing for $4 million. .

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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.

Industrial

Housing Wire

FEBRUARY 26, 2021

Lisa Patterson, chief originations officer at Homepoint , will speak on a panel titled Operational Strategies in the Current Market at HousingWire’s Spring Summit on March 4. Patterson will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Fred Bolstad , executive vice president of retail lending at U.S. Bank Home Mortgage.

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Better Dwelling

FEBRUARY 26, 2021

Greater Toronto new home sales have picked up, from usually low levels in prior years. Altus Group and BILD GTA data shows new homes sales climbed in January. One unexpected blip in the data is the City of Toronto, which actually saw a sharp decline in sales. It appears flight from the City isn’t just […]. The post Toronto New Home Sales Drop, As People Fleeing Turn Durham Into A Bigger Market appeared first on Better Dwelling.

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Sales Marketing As-is New Construction 129

Realty Biz

FEBRUARY 26, 2021

What is an HOA? Are you confused about the meaning of an HOA? HOA is short for a homeowners association. Lots of people ask real estate agents how an HOA works and what purpose does it serve. Once they understand the purpose of a homeowners association they ask what the HOA fees cover. An HOA is a group or organization in a neighborhood that makes and enforces rules and regulations for homes or condos for the benefit of its owners.

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Due diligence As-is Agents 128

HomeLight

FEBRUARY 26, 2021

One additional bedroom — and the privacy it provides — can make all the difference to your space needs. You could use the add-on to give each of your kids their own bedroom, or turn it into the home office of your dreams. But any kind of house addition will be expensive and time-consuming. The renovation will also turn your cozy home into a construction zone until it’s finished.

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Brokerage

The American Genius for Real Estate

FEBRUARY 26, 2021

(REAL ESTATE BIG DATA) Without having to spend any money, this shortcut can attract more business to boost your bottom line with real estate investors - a win-win for the nation. The post Ultra simple shortcut to attract new (or more) real estate investors appeared first on The American Genius Real Estate.

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Investor 119

HomeLight

FEBRUARY 26, 2021

Gray has been having a moment — ahem, more of a decade, actually. For the past several years, the cool neutral has reigned as the color king of Pinterest, HGTV, and countless design blogs. Design reports have touted gray as “the perfect neutral because it’s compatible with almost every other color, and it folds easily into every style of decor.” In Sherwin Williams’ 50 most popular paint colors for 2020, at least 20 of them were some variation of gray.

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Staging Design As-is MLS 119

The American Genius for Real Estate

FEBRUARY 26, 2021

(OPINION EDITORIAL) Being assertive is not the same as being bossy and while most people tell women to be more assertive, lack of assertiveness isn't gender exclusive. Here are a few tips how to make your presence known. The post How anyone can be a more assertive real estate pro appeared first on The American Genius Real Estate.

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The Mortgage Report

FEBRUARY 26, 2021

Do you get better mortgage rates from a mortgage broker or a bank? What's the difference? Find out which one is better for your situation.

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Banks Mortgages 111

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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.

Agents

HomeLight

FEBRUARY 26, 2021

A couch with a red wine stain. An iPad with software issues. A car with a few dents and scratches. These are all items that you may see listed for sale “as is” on sites like Facebook Marketplace or Craigslist. With the addition of “as is,” the seller sends shoppers a message: Hey, you can buy this thing, and here’s the price I’m asking for. But you must accept the item at hand in its current condition, warts and all, including any flaws that aren’t immediately visible or apparent.

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As-is Sales Inspection Investor 111

The Mortgage Report

FEBRUARY 26, 2021

Today’s mortgage and refinance rates Average mortgage rates soared yesterday, rising by a greater amount than we’ve seen in a long time. Of course, they’re still very low in a […].

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Mortgages 111

HomeLight

FEBRUARY 26, 2021

Your house needs more than a little TLC, and now something like a job transfer, family emergency, or financial rough patch has created urgency to unload it. You need to figure out how to sell a fixer-upper house — and do it fast — to avoid additional strain. “We’ve learned that in order to sell a fix-and-flip property fast, the key is to find the balance between doing too much — spending excessive money or time that we won’t get a return on — and still making the house attractive enough in order

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Realtor.com

FEBRUARY 26, 2021

Jon Smith/ Wide Eyed Illuminations Whoever decides to buy the castle in the Indianapolis suburb of Irvington will have to leave room in the family budget for the neighborhood’s favorite holiday. “The Halloween festival is massive. We’re talking 50,000 people at the Halloween festival, and on Halloween night, you get anywhere from 1,000 to 2,000 trick-or-treaters.

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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.

Agents

HomeLight

FEBRUARY 26, 2021

DISCLAIMER: As a friendly reminder, this blog post is meant for educational purposes only and is not intended to be construed as financial, tax, or legal advice. HomeLight always encourages you to reach out to a tax professional, real estate attorney, or other advisor regarding your personal situation. Owning a rental property is great… until it’s not.

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Purchase and sale agreement Investor Sales Agents 108

RIS Media

FEBRUARY 26, 2021

?. Allan Dalton , chief executive officer of Real Living Real Estate and SVP of Berkshire Hathaway HomeServices was recently inducted into RISMedia’s 2021 Real Estate Newsmakers Hall of Fame. RISMedia’s Real Estate Newsmakers is a yearly campaign that awards those who have shown ingenuity and who have accomplished incredible success within the real estate industry.

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HomeLight

FEBRUARY 26, 2021

Figuring out how to sell your home for more money is a pinnacle goal for many people following years of diligent and responsible homeownership. Thankfully you have the full force of a robust housing market behind you. According to leading real estate analytics company Black Knight, home values have appreciated at a 25-year average of 3.9% annually up through 2019.

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