Housing Wire

OCTOBER 24, 2022

The Federal Housing Finance Agency (FHFA) on Monday announced that it is replacing the Classic FICO credit model, which Fannie Mae and Freddie Mac have relied on for nearly 20 years, for the FICO 10T and VantageScore 4.0. “They will provide more accurate credit scores, and we believe the market, including investors, will be provided with an improved understanding of risk from not just one but two different credit score models,” Sandra Thompson, the FHFA’s director, said during

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Finance Investor Technology Mortgages 441

Keeping Current Matters

OCTOBER 24, 2022

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved.

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Pre-approval 190

Housing Wire

OCTOBER 24, 2022

Ginnie Mae President Alanna McCargo on Monday announced changes to the re-pooling seasoning requirement for re-performing loans, which it says will increase issuer liquidity. The government mortgage insurer will shorten the seasoning requirement from six months to three months and allow issuers the option to pool re-performing loans into TBA-eligible Ginnie Mae II Multi-Issuer Pools.

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Loans Mortgages Industrial Marketing 410

Sotheby's International Real Estate

OCTOBER 24, 2022

????. Sotheby’s Luxury Week, a sale series that showcases the best of the best in each discipline, elevates luxury to the level of art. Encompassing Jewelry, Watches, Collector Cars, Designer Handbags, Sneakers and Wine, this sale series is a testament to the new definition of luxury and the evolving role played by auction houses in the sector. Explore the extraordinary pieces on offer through November 15.

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Design Sales 121

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Housing Wire

OCTOBER 24, 2022

Real estate brokerage and services company Anywhere Real Estate announced last week that it is appointing Tony Kueh as its first chief product officer. In his new role, Kueh will lead the company’s product strategy, innovation roadmap and technology investments. The Anywhere franchise, formerly known as Realogy , includes brokerages, consumer programs, lead generation, relocation, and title settlement services.

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The Residential Specialist

OCTOBER 24, 2022

As the real estate market shifts, expert agents share what the industry will look like heading into 2023. By Caroline Heller. 2022 marked the beginning of the end for what was an unprecedented seller’s market. Mortgage interest rates climbed from around 3% to above 5%, and by June 2022 inflation had reached its highest annual rate since November 1981.

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Marketing FHA loan Loans Closing costs 111

BubbleInfo

OCTOBER 24, 2022

Between trying to watch the Padres game on my phone and the crowds of people looking at the house yesterday, I couldn’t get any more footage than this: After having roughly 300 people attend the two open houses, we have received 14 offers! We have countered all of the offers because agents don’t know who […].

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Agents 105

Housing Wire

OCTOBER 24, 2022

On stage in Nashville on Monday, Mortgage Bankers Association Chairwoman Kristy Fercho passed the torch to Matt Rocco, who will take over as chairman in 2023. Rocco, the CEO of Grandbridge Real Estate , a commercial real estate investment bank subsidiary of Truist Bank , said he’s laser-focused on strengthening the MBA’s affordable housing initiatives amid an affordability crisis. “I joined the company in 1998, and over nearly 25 years, affordable housing has always been a stra

Banks 397

Banks Commercial Lending Staging 397

BubbleInfo

OCTOBER 24, 2022

The local Case-Shiller index is due tomorrow, and expectations are for a 2% drop from June. First American has their own repeat-sales index which is already showing a 12% decline in San Diego pricing (above). [link] While the -12% over six months is probably a surprise to people who think pricing is downward sticky, it’s […].

Sales 105

Sales Marketing 105

Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. It’s now October, we’ve had the biggest spike in mortgage rates we’ve seen in decades, and all the signs of a slowdown are here: Inventory is rising. The price of new listings is dropping. More homes are taking price reductions. And, there are fewer immediate sales. Of course, some of what we’re seeing is exacerbated by seasonality — prices normally retreat in the fall, and there’s much less activity over the winter.

Marketing 324

Marketing Mortgages Equity Days on market 324

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

Realty Biz

OCTOBER 24, 2022

The US real estate market is worth an estimated $226.8 billion in 2022 , making it a prime target for cybercriminals looking to make a quick buck by hacking into databases and stealing information on properties that are up for sale or rent. With so much at stake, cyber attacks can be particularly devastating for realtors. Unfortunately, not everyone is sure how to actively protect their business against it.

Agents 109

Agents Commercial As-is Sales 109

BubbleInfo

OCTOBER 24, 2022

What does an uptick in both actives and pendings mean? The local market has finally succumbed to the trend of higher inventory and declining interest, or We’ve hit bottom! After the beating the market has taken over the last 3-4 months, you’d think sellers would be discouraged and just wait until the 2023 Spring Selling […].

Marketing 104

Marketing 104

Maximum Exposure Real Estate

OCTOBER 24, 2022

Tips For Firing a Real Estate Agent When you decide to sell your house, choosing the right Realtor® is one of the most important parts of the process. You need someone you can depend on, someone you get along with, and someone that will help you achieve your sales goals. But even when you do […]. The post How to Fire A Realtor appeared first on Maximum Real Estate Exposure.

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Agents Sales Marketing 98

Realty Biz

OCTOBER 24, 2022

Better Homes and Gardens Real Estate LLC, the leading real estate lifestyle brand, officially welcomed its new 2022 affiliates to the network at last week’s Owners’ Retreat for Better Homes and Gardens ® Real Estate brokerage leadership held Oct. 17-19 and during its APEX ® event, the brand’s annual event for award-winning agents held Oct. 19-21 in Miami, Fla.

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Branding New Construction Construction Brokerage 104

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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.

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Eye on Housing

OCTOBER 24, 2022

The share of adults planning a home purchase within a year rose to 15% in the third quarter of 2022, up from 13% in the first half of the year. The marginal increase suggests that the prospect of higher mortgage rates in the near term may be leading a small segment of consumers to consider the purchase of a home.

Mortgages 97

Mortgages 97

Notorious ROB

OCTOBER 24, 2022

This will be a quick one. Just had lunch with a friend and client who has been a broker for decades. We got to talking about what we both think is headed our way in the next several quarters. Basically, doom for real estate in a variety of ways as the Fed tries its best to kill the economy — particularly buying homes. We got to talking about comparisons of what we expect to see in 2023 vs. what we both saw in 2008.

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Brokerage Bankruptcy Property Management Title 88

Bigger Pockets

OCTOBER 24, 2022

Medium-term rentals have seen growth like almost no other type of real estate. In the past, if you wanted high cash flow, you’d be hit with the headache of running […].

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HomeLight

OCTOBER 24, 2022

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. About This Episode. You’re constantly working to win that next appointment, listing, or new client — but without a specific strategy, it’s tough to beat the competition. What works for one person, won’t work for everyone.

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Sales Agents As-is Technology 83

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

Bigger Pockets

OCTOBER 24, 2022

I know what I am about to say may be unpopular—even controversial. But I believe that my advice on deciding which lender, or lenders, you will work with will resonate […].

Finance 83

Finance Mortgages 83

Brownstoner

OCTOBER 24, 2022

The historic mansion at 441 Willoughby Avenue might be gone, but local resolve to enact change in the city's landmarking and development processes, and hold developer Tomer Erlich accountable for his actions, is building. Around 30 people, including elected officials, gathered outside the former-Jacob Dangler mansion's empty lot Saturday, calling for… Read More > The post Bed Stuy Locals Rally to Stop Sale of Dangler Mansion Site, Call for LPC Chair to Resign appeared first on Brownsto

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Sales Development 81

Maximum Exposure Real Estate

OCTOBER 24, 2022

Do you know what a real estate broker is and how they work? When you begin the process of buying or selling a home, you may not realize there is any difference between a real estate agent and a broker. Sometimes, when someone refers to a real estate broker, they are actually talking about a […]. The post Understanding Real Estate Brokerage and How Brokers Work appeared first on Maximum Real Estate Exposure.

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Brokerage Agents Marketing 78

Real Trends

OCTOBER 24, 2022

“Autumn shows us how beautiful it is to let things go.” As we dive deep into the fourth and final quarter of yet another strange and unpredictable real estate year, this is a great time to pause and reflect. Then, buckle up, and finish strong with a solid pipeline going into 2023! As someone who supports and coaches a lot of real estate agents, this has been an emotional pivot: navigating terminating deals , quickly-changing affordability, and of course a rapid decrease in production

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Technology Marketing Agents Staging 78

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

RISMedia

OCTOBER 24, 2022

By Meghan Belnap In today’s world, everyone is looking for ways to stay safe. For most of us, the home is the one place where we can feel the safest. That doesn’t mean that your home is entirely secure, though. You could be the target of theft, vandalism or other issues. Fortunately, you can make […]. The post 4 Ways to Improve Home Security appeared first on RISMedia's Housecall.

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Realty Biz

OCTOBER 24, 2022

Lead generation is one of the most important things to do in order to grow your business and land more clients. But what is lead generation exactly? Lead generation is simply a way for sellers and buyers to connect with each other. You can either generate leads yourself like optimizing your LinkedIn , Instagram , or your website. But another way is to use a lead generation company.

Land 83

Land Agents Branding Marketing 83

Eye on Housing

OCTOBER 24, 2022

Nonfarm payroll employment increased in 44 states and the District of Columbia in September compared to the previous month while six states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 263,000 in September, following a gain of 315,000 jobs in August. On a month-over-month basis, employment data was strong in Florida, which.

Construction 73

Construction Marketing 73

Realty Biz

OCTOBER 24, 2022

Every element of a home’s profile needs to be enticing to prospective buyers — especially the photos and written description. Our world has become very visually oriented. Photos are what grab the attention of buyers skimming through real estate listings. Only if a few high-quality photos catch their attention will they slow down their skimming to take time to read the description.

Renovation 80

Renovation As-is Marketing 80

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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

The American Genius for Real Estate

OCTOBER 24, 2022

EXCLUSIVE: Why is NAR leaving Las Vegas for next year's massive conference, and where will it now be?

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Realty Biz

OCTOBER 24, 2022

The real estate market is in a state of flux right now, with wider economic uncertainty and the volatility of global events causing a degree of disruption. In spite of this, it’s still possible to pinpoint a few noteworthy trends which hint at the overarching trajectory that this sector will take in the coming months and years. The cost of moving, coupled with the number of people who are choosing to relocate to different states, is informative in this context, so let’s go over the state of play

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As-is Marketing 80

Coldwell Banker

OCTOBER 24, 2022

U.S. affluent consumer sentiments, highlighted in “The Trend Report,” identifies the top trends and investment habits revolutionizing the global luxury real estate landscape. The post Where do the wealthy invest? Luxury real estate is the safest investment one can make, says new Coldwell Banker Global Luxury report appeared first on Coldwell Banker Blue Matter.

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Realty Biz

OCTOBER 24, 2022

Your home's exterior is as important a part of your home as your interior. This means that it's important for you to keep it in a great state and take measures to improve it regularly. Doing this will help you to boost your curb appeal, and there are a number of things that you can do to this end. Read on to see four surprising ways in which the exterior of your home can boost your curb appeal and get motivated to get your outdoor real estate space in shape. 1.

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As-is Marketing 75

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