Housing Wire

OCTOBER 13, 2020

In the largest increase since 2013, luxury home sales rose 41.5% in the third quarter, according to a new report from Redfin. While sales in this segment of the housing market have skyrocketed, the sales of medium-priced homes went up only 3% and sales of affordable homes actually declined by 4.2%. “The luxury housing market normally takes a hit during recessions as wealthy Americans tighten their purse strings, but this isn’t a normal recession,” Redfin Chief Economist Daryl Fairweather said in

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Sales Marketing Mortgages As-is 545

Keeping Current Matters

OCTOBER 13, 2020

One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials (ages 25-40) say they’re interested in purchasing a home over the next 12 months.

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Housing Wire

OCTOBER 13, 2020

Just one quarter away from its expected public debut, United Wholesale Mortgage reported record loan volume in the third quarter. The Detroit-based company, the largest wholesale lender in the U.S. , originated $54.2 billion in closed loans during the third quarter, an 81% increase from the $29.9 billion it originated in Q3 2019 (loan volume was up 31.8% from Q2 2020).

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Realty Biz

OCTOBER 13, 2020

What to Know About House Appraisals. A house appraisal can be concerning whether you are buying or selling a home. The licensed appraiser will check the property to work out the fair market value. This can make both buyers and sellers very nervous. Will the appraiser assess the home to be worth what is expected? Will the appraisal come in low? What happens then?

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Earnest money deposit As-is Loans Sales 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

OCTOBER 13, 2020

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. The lender and servicer, owned by the Blackstone Group’s Tactical Opportunities business, is slated to go public in the first half of 2021 through a special purpose acquisition company at a $1.9 billion valuation.

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Housing Wire

OCTOBER 13, 2020

JPMorgan Chase doesn’t see mortgage defaults worsening in the second half of 2020. In its earnings presentation on Tuesday , the nation’s largest bank by assets said it had actually pared back its $15 billion in loan-loss reserves by $569 million in the third quarter. The bank cited runoff from its mortgage portfolio – driven by a wave of refinancings – as a reason for reducing its reserves. .

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Mortgages Banks Residential Investor 403

Realtor.com

OCTOBER 13, 2020

Jirsak / Getty Images If you’re buying a home, one question you might wonder is this: Is home insurance required when you own a house? In many cases, homeowners insurance is indeed mandatory—and even in cases where it isn’t absolutely necessary, it’s still a good idea. To help you understand why, we’ve put together this Home Buyer’s Guide to Home Insurance , which will help walk you through what you need to know from beginning to end.

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Housing Wire

OCTOBER 13, 2020

In June 2007, Apple shook the world to its cellular core when it released the first-generation iPhone. Over the course of the last decade-plus, the seminal smartphone would wipe out its competitors — but not without some resistance. Many of us clung to our Blackberries for dear life, unable to imagine a world without Brick-Breaker and — the toughest pill to swallow — physical keyboards.

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Better Dwelling

OCTOBER 13, 2020

Canadian real estate prices made one of the largest leaps on news of a pandemic-driven economic shut down. US Federal Reserve Bank of Dallas data shows most G7 countries saw prices rise in real terms during Q2. Canada however, saw real home prices launch at the fastest pace of any of the advanced economies. This […]. The post Canadian Real Estate Prices Make Biggest Jump In The G7, During The Pandemic appeared first on Better Dwelling.

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Banks 129

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Development

Housing Wire

OCTOBER 13, 2020

Plaza Home Mortgage announced it will reinstate its support of the Association of Independent Mortgage Experts after the announcement last week that former AIME chairman Anthony Casa, would be permanently stepping down as head of the association. Over the July 4 holiday this year, Casa sent a video to Quicken Loans Vice President Austin Niemiec, where he made comments of a sexual nature about Niemiec’s wife.

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Mortgages Loans Banks Industrial 389

Realtor.com

OCTOBER 13, 2020

tbradford/iStock Despite the fake cobwebs and fun, sparkly spiders people love to put up every Halloween, no one seems to like the real thing. Plastic arachnids might bring a smile, but barely glimpsed, eight-legged critters scurrying across your bedsheets evoke entirely different emotions—from annoyance to existential terror. We get it! But while many people are afraid of spiders, the creepy critters are usually a benign presence in your home, and one of the easier pests to get rid of.

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As-is Marketing 124

Housing Wire

OCTOBER 13, 2020

On Monday Offerpad announced its partnership with global and domestic relocation solutions and mobility program management organization Aires , providing “multiple real estate solutions to consumers relocating for business.”. “The Aires and Offerpad partnership has a committed focus to provide innovative solutions to their home sellers’ and transferees’ needs, as both companies are concentrated on streamlining processes and eliminating difficulties traditionally tied to similar life changes,” a

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The Mortgage Report

OCTOBER 13, 2020

The median U.S. home price hit a record high during coronavirus. But thanks to low rates, home buying is still affordable for many.

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Mortgages 122

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

RIS Media

OCTOBER 13, 2020

With autumn here, now is the perfect time for homeowners to get their property in shape and help avoid problems in the months ahead. Here are six key jobs agents can tell their clients to tackle before cold weather sets in. 1. Caulk around exterior door and window frames for a tight seal. Look for gaps where pipes or wiring enter the home and caulk those as well.

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The American Genius for Real Estate

OCTOBER 13, 2020

(BROKERAGE) It sounds dreamy to open your own brokerage and be your own boss, but when is it TRULY time become a broker? The post How do you know it’s time to become a broker? appeared first on The American Genius Real Estate.

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Brokerage 119

Brownstoner

OCTOBER 13, 2020

Editor's note: Brownstoner founder Jonathan Butler is back at it -- blogging, that is, on Instagram with the handle @real_estate_bites. We're pleased to run some of his snapshots of what he sees happening around Brooklyn here as a weekly column. Please note the views expressed are his own. [link]. Related Stories New Curbs,… Read More > The post New Bike Path Shaping Up on Kent Avenue Near Brooklyn Navy Yard in Williamsburg appeared first on Brownstoner.

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Easy Agent Pro

OCTOBER 13, 2020

The one thing few new real estate agents are prepared for is to hit the ground running the minute they hand over their license to a broker. Sure, you’ll find lots of information on how to get a license, but zilch about how to productively use that time when you aren’t taking classes or studying for the exam. That’s time wasted and commission checks pushed into the future.

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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

REM Online

OCTOBER 13, 2020

The following content may have been republished here without the author's permission. The original post can be found at the following URL: How COVID-19 changed the leasing industry. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. This isn’t Toronto's first real estate rodeo and history dictates a rebound.

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Industrial Commercial 115

Sotheby's International Real Estate

OCTOBER 13, 2020

In a state more widely known for relaxed contemporary designs and the historic Mission aesthetic, this distinguished Federalist home designed by early-20th-century architect Frederick Kennedy Jr. strikes a distinctive tone. Enjoying a premier location in Pasadena’s prestigious Huntington Library District and dating to 1923, it has been re-imagined and thoroughly renovated to accommodate sophisticated modern living with every desirable amenity and convenience.

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Design Renovation Brokerage Technology 113

Realtor.com

OCTOBER 13, 2020

Baylee Reinert/Clarity NW A luxurious house on a hill in Seattle with panoramic views of the city is available for only the third time since 1902. The four-level mansion on Warren Avenue North is on the market for $9.2 million, and you can watch the sun rise and set from the same room on the top floor. “It legitimately has the best view of downtown Seattle of any single-family home,” says co-listing agent Wes Jones.

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Banks Agents As-is Development 112

REM Online

OCTOBER 13, 2020

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Eppich House 2: An iconic Canadian masterpiece. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. Eppich House 2 is epic. The West Vancouver residence, which the late architect Arthur Erickson called his most complete work, is an iconic Canadian masterpiece, says listing agent E

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Agents Industrial 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

The Mortgage Report

OCTOBER 13, 2020

Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. And conventional loans today start at 2.75% (2.75% APR) for a 30-year, fixed-rate mortgage. Yesterday’s rates being unchanged was […].

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Fixed-rate mortgage Mortgages Loans 111

Eye on Housing

OCTOBER 13, 2020

Consumer prices rose at a slower pace in September, while energy prices increased and food prices were unchanged. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.2% in September on a seasonally adjusted basis, slower than a 0.4% increase in August and a 0.6% increase in July. Excluding the volatile food and energy.

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RIS Media

OCTOBER 13, 2020

Cinch Home Services goes above and beyond to take care of buyers and sellers alike. With COVID-19 still impacting much of the U.S., there’s a distinct sense of feeling out of control. Many of us feel as if there’s next to nothing we can do to prevent the coronavirus from affecting our daily lives—not to mention our real estate goals. But as buyers and sellers get back into the game, savvy real estate professionals are doing everything they can to bring peace of mind to the process fr

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Waterfront Properties

OCTOBER 13, 2020

Downtown Palm Beach Gardens is hosting two Halloween events this year. Starting this week, October 16th, stop by the outdoor shopping and lifestyle center in Palm Beach Gardens and participate in the Halloween events this year. Downtown Palm Beach Gardens “Feed The Pumpkin” Drive: In honor of World Food Day, shoppers and visitors are encouraged to bring a non-perishable food item to the “Feed The Pumpkin” bins located throughout the center for their month long food drive.

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Banks 105

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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

RIS Media

OCTOBER 13, 2020

The post Avoid These Common Mistakes in Real Estate appeared first on RISMedia.

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Agent Drive

OCTOBER 13, 2020

Graphic design dates back centuries, encompassing early cave art and handpainted signage. Yet most people now associate graphic design with computers and software. The first computer-generated graphics as we know them date back to 1963. Thankfully, both the software and hardware have developed since then. You can even create some designs on your smartphone.

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Design Development Marketing 105

Brownstoner

OCTOBER 13, 2020

This apartment in an 1840s row house Cobble Hill offers two floors of space as well as a stylish reno. Just a block away from the shops and amenities of Court Street, 314 Clinton Street is located in the Cobble Hill Historic District. The Greek Revival brick row house dates… Read More > The post Parlor Floor Duplex With Wood Burning Fireplace in Cobble Hill Greek Revival Asks $1.6 Million appeared first on Brownstoner.

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As-is 105