Toronto Realty Blog

JUNE 15, 2022

TorontoRealtyBlog. Did I ever mention that I hate change ? From as far back as I can remember, I’ve never been okay with anything new and different. I’m a routine type of guy. I know what I know and I like what I like. I get accustomed to certain ways, processes, and comforts, and to uproot all that would send me into a tizzy. Long-time TRB readers will recall the story of when my parents bought our house on Bessborough Drive in May of 1992.

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Housing Wire

JUNE 15, 2022

Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market in June, bringing the total deal count so far this year to 10. The healthy volume of SFR offerings over the first half of 2022 is being fueled by a strong SFR market resulting from fast-rising interest rates and tight housing supply.

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Lighter Side of Real Estate

JUNE 15, 2022

Most people don’t buy their “forever house” right out of the gate. It’s hard to afford a home that has the size and amenities you want on your first (or even second) purchase. So most people start out with something a little smaller, needing some work, or not in their ideal location. The plan is usually to spend a few years in it, then sell it to buy a bigger, better home in your ideal neighborhood once you’ve built up some equity.

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Housing Wire

JUNE 15, 2022

The markets have been shaken to the core. And it’s led to several sleepless nights for mortgage loan originators and mortgage executives. On Friday, the U.S. Consumer Price Index clocked an 8.6% increase year-over-year in May, 30 basis points above the consensus estimates – and enough for stock futures to sink and bond yields to soar. The price data has changed the expectations for the Federal Reserve ’s meeting on Wednesday, with the market betting on a 75 bps increase in interest rates (compar

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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.

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Realty Biz

JUNE 15, 2022

Things to Find Out Before Purchasing Land. Performing due diligence is vital when purchasing a home. It is even more crucial when buying a building lot. Buying land can be an exciting and profitable investment. However, it is important to ask questions and get advice before making a purchase. Real Estate agents are asked important questions all the time as it pertains to land.

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Housing Wire

JUNE 15, 2022

A panel of experts assembled at a recent Mortgage Bankers Association (MBA) conference in New York predicted that adjustable-rate mortgages (ARMs) will become far more popular this year as purchase mortgages increasingly dominate a housing market contending with fast-rising interest rates. A June market report by a major digital mortgage-exchange and loan-aggregator, MAXEX , which offers an overview of loan-trading activity through the exchange for May, confirmed the MBA panel’s projections.

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Housing Wire

JUNE 15, 2022

In 2021, more than 90% of borrowers who closed a loan with fintech mortgage lender Neat Loans opted for a 30-year fixed-rate mortgage. But this year, as rates have crested 6%, about 70% of Neat’s originations are adjustable-rate mortgages, a product that until recently had fallen out of favor due to the role they played in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. . “It’s obviously not just a flip flop, it’s a pretty big move,” s

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Eye on Housing

JUNE 15, 2022

Rising inflation and higher mortgage rates are slowing traffic of prospective home buyers and putting a damper on builder sentiment. In a troubling sign for the housing market, builder confidence in the market for newly built single-family homes posted its sixth straight monthly decline in June, falling two points to 67, according to the National Association of Home Builders (NAHB)/Wells.

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Housing Wire

JUNE 15, 2022

The Federal Reserve (Fed) on Wednesday did something it hadn’t done in more than two decades: it raised the federal funds rate by 75 basis points, to 1.50-1.75%, a hike not seen since 1994. The decision, designed to slow the pace of inflation, which reached 8.6% in May for the highest mark in more than 40 years, has potential to increase the cost of mortgage borrowing. “Overall economic activity appears to have picked up after edging down in the first quarter,” The Federal Open Marke

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The American Genius for Real Estate

JUNE 15, 2022

(MARKETING) We all know that social media is a must for branding. Enhance your reach by implementing social media organization and optimization. The post You must optimize in order to maximize in the world of social media appeared first on The American Genius Real Estate.

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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

JUNE 15, 2022

Fannie Mae and Freddie Mac ’s pricing frameworks may see changes to better serve “core mission borrowers,” according to the Federal Housing Finance Agency (FHFA). The regulator also, again, argued for examination authority over entities doing business with the government-sponsored enterprises. In its annual report to Congress, FHFA said it instructed the enterprises to “begin updating their pricing frameworks” in 2021.

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The Close

JUNE 15, 2022

Real estate flyers play an active (and visible) role in most top producers’ marketing strategies. Having a stable of well-designed, easily editable real estate flyer templates at the ready is key when you’re hosting events, listing a property for sale, or actively recruiting clients. We’ve pulled together a list of our top seven providers of real estate flyer templates.

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Housing Wire

JUNE 15, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami answers questions from our HW+ member community. Mohtashami focused on the latest inventory and the Federal Reserve’s rate hike announcement. As a member of HW+, you get access to 30-minute Slack Q&As , where we invite the HW Media newsroom to break down the hottest topics in the industry.

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Mandrona Group

JUNE 15, 2022

It’s love at first sight. The one that made your heart skip a beat. Maybe it was the charmer, the. Read More.

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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.

Brokerage

Housing Wire

JUNE 15, 2022

Real estate investment firm New Western has named Kuba Poraj-Kuczewski as its chief marketing officer. Poraj-Kuczewski will lead the company’s marketing strategies and oversee its marketing team. . Poraj-Kuczewski plans to focus on driving “customer awareness, demand and retention” to support New Western in its growth stage and to make the firm “a leading industry brand,” he said, according to a statement. .

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Brownstoner

JUNE 15, 2022

There's a bit of 1970s style temporarily on view in Downtown Brooklyn and some Brooklynites might be able to guess the origins of the rainbow "Z" there. It is actually one of two vintage sign remnants visible on the Fulton Street building; the other is a much older ghost sign… Read More > The post Nobody Beats the Signs From the Past on This Downtown Brooklyn Building appeared first on Brownstoner.

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Housing Wire

JUNE 15, 2022

Appraisal management technology and compliance solutions provider Appraisal Logistics has named Anthony Savala as senior vice president of sales and Nicholas Turansky as national account director. Savala will lead the company’s sales team, adding new clients for the company’s Appraisal Management Company (AMC) business and its appraisal management technology, AIM-Port.

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The Mortgage Report

JUNE 15, 2022

The Federal Reserve hiked the fed funds rate by 75 basis points at its June meeting to fight inflation. Will mortgage rates spike?

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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

Housing Wire

JUNE 15, 2022

Whenever people want to get a mortgage, they search for professionals who can streamline the process. That’s precisely when your mortgage broker business comes to the rescue. In this article, you will find tips on how to grow your business, as well as five big mistakes that you may be making in the process. Ways to Grow Your Mortgage Broker Business.

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Fancy Pants Homes

JUNE 15, 2022

Also known as the ‘Seven Sisters’ or ‘Postcard Row’, the ‘Painted Ladies’ of San Francisco are without a doubt the Bay City’s most famous houses. The term refers to the row of colorful Victorian and Edwardian houses located at 710–720 Steiner Street in Alamo Square in San Francisco, made famous by their unique appearance, pastel colors and quintessential Queen Anne-style architecture.

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Housing Wire

JUNE 15, 2022

Before the volatility wrought by high inflation and speculation about a rate hike by the Federal Reserve , mortgage applications increased 6.6% from the prior week, according to the latest Mortgage Bankers Association survey for the week ending June 10. Refinancing applications increased 4% from the prior week but were still 76% lower than the same week a year prior.

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The Close

JUNE 15, 2022

Having trouble finding real estate keywords that actually drive qualified leads to your blog posts and YouTube videos? Don’t worry, you’re not alone. Choosing keywords for your website is hard if you don’t know what you’re doing. That’s why we decided to put together this guide with 77 real estate keywords that buyers and sellers commonly search for.

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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

Brownstoner

JUNE 15, 2022

A Brooklyn megachurch pastor’s longtime vision of an “urban village” in East New York is approaching reality, with the Christian Cultural Center’s Innovative Urban Living plan now snaking its way through the city’s formal public review process. The urban village would see 1.7 million square feet of new development in eleven… Read More > The post Pastor’s Proposed ‘Urban Village’ With Affordable Housing in East New York Begins Public Review appeared first on Brownstone

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The Mortgage Report

JUNE 15, 2022

Today’s mortgage and refinance rates Average mortgage rates rose again yesterday, though less sharply than on the previous two working days. So some of the most popular ones remain above […].

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Brownstoner

JUNE 15, 2022

In the News Adams Announces Plan to Fix New York City’s Growing Housing Crisis [NYT] BP Reynoso Taps High Achieving Brooklynites for New Charity [Eagle] Feirstein Brings in Legendary Actor and Brooklyn’s Own John Turturro [Eagle] Brooklyn Councilmembers Vote Against ‘Unconscionable’ City Budget [BK Paper] Community Leaders Call For Anti-Gun Violence Funding in Canarsie [BK… Read More > The post Daily Links: Amid Escalating Housing Crisis, Mayor Releases Broad-Brush Plan appeared first

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Realty Biz

JUNE 15, 2022

If you recently shared with friends or family that you’re ready to buy your first home, you have no doubt been offered plenty of well-intentioned bits of advice about the process. But be aware: Not everything you’ve heard may be accurate. . Here are some common misconceptions first-time home buyers may have and the real facts behind them. Remember that every home buyer’s situation is unique, so do what you feel is best for yours.

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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

Real Trends

JUNE 15, 2022

Homebuilder confidence dropped in June, marking the sixth consecutive month of an increasingly pessimistic outlook, according to the National Association of Home Builders (NAHB)/ Wells Fargo Housing Market Index (HMI) report released Wednesday. In June, builder confidence in the market for newly built single-family homes fell two points from a month prior to 67.

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Realty Biz

JUNE 15, 2022

5 Sustainable Construction Trends That Are Unfolding Right Now. More and more industries are realizing the scope of their impact on the world around us, and they are actively finding new ways to continue their work in a more sustainable and eco-friendly way. Global organizations are even establishing actionable goals for reducing pollution and greenhouse gas emissions, such is the case with The United Nations Paris Agreement.

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Notorious ROB

JUNE 15, 2022

This content is behind fabulous velvet ropes for Notorious VIP Subscribers only. Please login or sign up. Thank you! -rsh. Monthly Subscription. $ 20. Monthly. Subscribe Now. Annual Subscription. $ 200. Annually (Save $40). Subscribe Now. The post Four Horsemen of the Housing Apocalypse, Part 4: On a Pale Horse – Political Turmoil appeared first on NotoriousROB.

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Realty Biz

JUNE 15, 2022

Whether you are a long-term homeowner or only recently closed the deal on your first home purchase, don’t be overly thrilled that home values have been skyrocketing for the last couple of years. Spiking home values are a two-sided coin for homeowners. It’s good for your net worth and gives you more equity to borrow against, but higher home values also mean higher property taxes.

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