Fri.Feb 26, 2021

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Why do mortgage rates need to cool down?

Housing Wire

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.

Mortgages 406
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It’s a Sellers’ Market [INFOGRAPHIC]

Keeping Current Matters

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.

Marketing 247
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How lenders can prepare for growing fraud threats

Housing Wire

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?

HR 406
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First-Time Home Buyers Find Unexpected Benefits in Current Market

Lighter Side of Real Estate

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.

Marketing 145
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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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How Guaranteed Rate donated over $7 million in 2020

Housing Wire

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.

Closing 384
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Canadian Bond Yields Soar, And It May Be A Drag On The Spring Real Estate Market

Better Dwelling

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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A Guide to Property Taxes in 2021: States With the Highest (and Lowest) Rates

Realtor.com

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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JPMorgan’s Thasunda Duckett named next CEO of TIAA

Housing Wire

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.

Banks 297
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What Do HOA Fees Cover: Homeowners Association Expenses Explained

Realty Biz

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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Michael Neal on the history of housing discrimination

Housing Wire

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.

Finance 245
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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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5 Kitchen Decor Trends From Instagram That’ll Look Like You Hired a Designer

Realtor.com

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.

Design 131
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Homepoint COO Lisa Patterson to speak at Spring Summit

Housing Wire

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.

Banks 245
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Ultra simple shortcut to attract new (or more) real estate investors

The American Genius for Real Estate

(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.

Investor 119
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Toronto New Home Sales Drop, As People Fleeing Turn Durham Into A Bigger Market

Better Dwelling

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.

Sales 119
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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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Newsmakers Hall of Fame: Allan Dalton on Creating a Collaborative Environment

RIS Media

?. 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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Meet Your New Niche

The Residential Specialist

New home construction has become an enticing option for buyers—and right now the market is surging. By Andrew Conner. Even before the coronavirus pandemic put unanticipated stress on the housing market by reducing inventory and increasing prices, new home construction was an enticing option for many prospective homebuyers. “There has always been this desire for new homes,” says Shawn O.

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Intuitive Eating Tips to Say No to Dieting This Year

RIS Media

With a new year comes new goals. It is also the time of year that gyms, fad diet programs and magic weight-loss elixirs come out to advertise. If you are hoping to say yes to health this year and still say no to dieting, intuitive eating may be the route for you. Explore nutritious and delicious eating with these eating tips. . Understanding the Basics.

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Real Estate Agents Say Social Media is 2nd Most Effective Way to Get Clients

Realty Biz

Real estate agents are increasingly embracing the use of social media as a way to get new clients, and data shows their strategy is working. Results from a survey about what worked for agents in 2020 shows that posting on social media is now the second-most effective way to get new clients. Of those surveyed, 44% said they got a new client from social media last year.

Agents 94
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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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Brokers: Beat the Competition, Register Now

RIS Media

How to Level Up Your Agent Services to Win More Listings. What: As more and more agents enter the real estate industry, competition continues to grow for brokerages. Today’s brokers have to be able to stand out from the pack, providing a powerful value proposition in order to attract agents and, in turn, the consumers they serve. Culture is a big part of that, but so is technology.

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Mortgage broker vs. bank or mortgage lender: Which is best?

The Mortgage Report

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.

Banks 111
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Making Moves

The Residential Specialist

Millions of Americans relocate every year for a variety of reasons—and agents can still perform even if they’re the ones moving. By Kathleen Hagan. Millions of Americans move every year—for new career opportunities, to take care of aging parents or new grandchildren, for monetary reasons or even just for a change of scenery. According to the Bureau of Labor and Statistics, 37% of the U.S. population can do their jobs remotely.

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How anyone can be a more assertive real estate pro

The American Genius for Real Estate

(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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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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Is a Long or Short Term Mortgage Better for your Finances?

Realty Biz

Image Source: Pexels. Choosing the right mortgage is an integral part of the home buying process, and there are many options for you to consider. One of which is choosing between a 15-year or 30-year mortgage term. Both of these options have their positives and negatives, which we’ll discuss in this article. What you choose will impact the overall price of your home throughout its lifetime.

Finance 92
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We Really Dig This Adorable and Affordable Hobbit House in Wisconsin

Realtor.com

VRX Media Group For anyone driving around an established neighborhood of traditional homes in Madison, WI, one residence on Stevens Street stands out. Or doesn’t stand out. “It’s an earth-sheltered home. Not necessarily built into the ground, but it’s earth-covered on the roof and on a couple of sides,” explains the listing agent, Jennifer Rios.

Agents 95
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5 Keys To Know About an ‘As Is’ Home Sale Before You Try One

HomeLight

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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Luxury Real Estate Headlines: Final Week in February 2021

Sotheby's International Real Estate

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. .

Land 94
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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.

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Mortgage and refinance rates today, February 26, 2021

The Mortgage Report

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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Disastrous Disclosures

The Residential Specialist

Agents need to know and plan for what’s required of them with regard to natural disaster disclosures. By Matt Alderton. When you live in southeast Texas, it feels as if Mother Nature is your best friend. The warm weather is a constant hug, the gorgeous Gulf of Mexico a loyal companion and the spectacular beaches a bottomless source of entertainment.

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A Conversation With Ribbon Co-founder Shaival Shah

Realty Biz

In 2017 entrepreneurs Jian Wei Gan, Shaival Shah acted on a shared vision and created a truly unique startup called Ribbon Home. Today, their idea to make homeownership more achievable is a bristling success. This week RealtyBiz talked with Shaival Shah about the company’s success, the pandemic, and the future of one of real estate’s most successful innovations. .

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How to Sell a Fixer-Upper House Fast: 9 Shortcuts to an Offer

HomeLight

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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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

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.