Housing Wire

AUGUST 7, 2020

After two consecutive months of advances , Fannie Mae’s Home Purchase Sentiment Index, a composite index designed to track consumers’ housing-related attitudes, intentions and perceptions, fell 2.3 points in July to 74.2. Year over year, the HPSI is down 19.5 points but still sits above April’s near-record low. According to the report, 53% of Americans now believe it is a good time to buy a home – an 8% decrease from June’s 61%.

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Marketing Mortgages Design Closing 545

Keeping Current Matters

AUGUST 7, 2020

Some Highlights. A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates , and staying home has enabled some to save more money to put toward a down payment. Reach out to a local real estate professional today if your needs have recently changed and you’re ready to make a move this year.

Mortgages 260

Mortgages 260

Housing Wire

AUGUST 7, 2020

New York Gov. Andrew Cuomo has extended the state’s eviction moratorium again, as many fear being kicked out of their homes after the federal eviction moratorium and unemployment benefits ended late last month. In March , the State of New York Unified Court System put in place the first eviction moratorium, effective through June. In May , this was extended but expired on August 5.

Mortgages 532

Mortgages As-is 532

Realtor.com

AUGUST 7, 2020

realtor.com Johnny Nicolaci knows everything about this house. He can tell you about every brick, board, and tile. His father built the “executive” ranch in 1953. Nicolaci did leave his parents’ custom-built nest for a while. But after the death of his mother in 1988, he moved back, to take over the care of the beloved family home, and he’s lived here ever since.

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Design As-is Marketing 128

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Agents

Housing Wire

AUGUST 7, 2020

The Department of Housing and Urban Development said it was resuming in-person inspections of public housing units, though families concerned about the spread of COVID-19 can decline to have a HUD worker in their home. The so-called REAC inspections, which stands for Real Estate Assessment Center, are aimed at ensuring HUD properties like rental housing for low-income families, the elderly, and persons with disabilities “meet federal standards of health, safety, and accessibility,” HUD said.

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Inspection Development As-is Agents 487

Afford Anything

AUGUST 7, 2020

Are you scared to take the first step toward the habits that you want to build? Do you believe in your ability to change? Or are you completely lost as to where to start? Charles Duhigg, the Pulitzer Prize-winning journalist and author of the best-selling books The Power of Habit and Smarter Faster Better joins us on today’s show to tackle these questions.

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Banks As-is 127

Realtor.com

AUGUST 7, 2020

Iuliia Mikhalitskaia/Getty Images Take a look at your sink, washing machine, and teakettle. Do you see stubborn soap scum and mineral deposits that can only be removed with extra scrubbing? Hard water is the culprit. To achieve crystal-clear water glasses and streakless pots and pans, many people install a water softener. “Water softeners are a great investment if your water supply is high in mineral content, a condition known as hard water,” says Paul Abrams , a spokesperson for Roto-Rooter Ser

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As-is 125

Housing Wire

AUGUST 7, 2020

Brokerage giants RE/MAX and Keller Williams announced second-quarter numbers Friday, reflecting a business environment that had its share of ups and downs as a result of COVID-19. RE/MAX, a public company, released earnings, while Keller Williams reported agent numbers and other stats. RE/MAX. RE/MAX reported total revenue in Q2 of $52.2 million, with net income attributable to RE/MAX Holdings, Inc. of $3.5 million and earnings per diluted share (GAAP EPS) of $0.19.

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Brokerage Technology Agents Closing 383

Realtor.com

AUGUST 7, 2020

Compass, Stephane Cardinale - Corbis Jennifer Lawrence has finally sold her palatial penthouse in Manhattan for $9.9 million. The transaction was reported by Variety. Originally listed for $15.45 million, Lawrence’s lair was most recently on the market for $12 million. The “Hunger Games” star, now 29, was clearly hungry for a sale—her deluxe digs had been on the market for about a year.

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Sales Agents As-is Marketing 119

Housing Wire

AUGUST 7, 2020

As record-low interest rates drive a refinance boom and spikes in mortgage applications, many businesses are adjusting to the present market. “We’re really starting to see a shift from the idea of growing at all costs, to the idea of focusing on how to scale that growth upward,” said Katy Lyman, director of product management at Total Expert. In a HousingWire webinar , Lyman and Kelly Gill, VP of marketing and advertising for Motto Franchising, emphasized that lending operations need to shift th

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Loans Technology Loan Officer Branding 383

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

The Mortgage Report

AUGUST 7, 2020

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Mortgages 116

Mortgages Marketing 116

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Three independent wholesale brokers discuss how they found success in the wholesale channel during a HousingWire webinar on Thursday titled: ”Taking the Mortgage Boom to the Next Level.”. Independent wholesale brokers on the webinar included Mike Kortas, CEO of NEXA Mortgage , Tacy Nichols, president of mortgage lending for Gapital Mortgage , and Christine Smallwood, director of o

Mortgages 370

Mortgages Loan Officer Lending Pre-approval 370

Eye on Housing

AUGUST 7, 2020

Surpassing recent dampened expectations, total payroll employment rose by 1.8 million and the unemployment rate declined to 10.2% in July. The U.S. labor market continues to recover from the COVID-19 crisis. Residential construction employment rose by 24,000 in July to 2.8 million. Total construction industry (both residential and nonresidential) employment rebounded to nearly 7.2 million in July.

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Marketing Residential Construction Industrial 114

Housing Wire

AUGUST 7, 2020

Patricia Suazo has joined FundingShield as its vice president of technology operations and integrations. Suazo has over 15 years of leadership experience in the mortgage lending space with firms including Stearns Lending , Bank of America , Carrington Holding Company and CloudVirga. Suazo specializes in software systems implementation, migrations, and integration, with experience in digital platforms and automation.

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Title Technology Lending Banks 286

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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

Better Dwelling

AUGUST 7, 2020

Greater Vancouver real estate was surprisingly busy for the middle of a pandemic. Real Estate Board of Greater Vancouver (REBGV) data shows sales ripped higher in July. The increase in sales was enough to push prices higher, but they remain below pre-pandemic levels. Greater Vancouver Real Estate Prices Just Below Pre-Pandemic Levels Greater Vancouver real […].

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Sales 112

The American Genius for Real Estate

AUGUST 7, 2020

(REAL ESTATE BIG DATA) New NAR survey shows the continued decline of international interest in US properties. The post International interest in US real estate is waning appeared first on The American Genius Real Estate.

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REM Online

AUGUST 7, 2020

The following content may have been republished here without the author's permission. The original post can be found at the following URL: COVID-19 pandemic hasn’t dimmed enthusiasm for buying a home, says report. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. A new report by Mortgage Professionals Canada (MPC) says most current homeowners are comfortable with their current mortgage debt and remain pleased with

Mortgages 106

Mortgages 106

Brownstoner

AUGUST 7, 2020

This singular home has been given an impressive overhaul by a designer and masterfully blends bold, modern design with the home's grand original details. Unusually wide at 22 feet, the brownstone boasts a luxurious garden and parlor duplex centered on a landscaped backyard with fountain and reflecting pool and outdoor… Read More > The post Fort Greene Brownstone With Bold Design, Nanz Hardware, Outdoor Kitchen Asks $4.6 Million appeared first on Brownstoner.

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Design 105

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

Waterfront Properties

AUGUST 7, 2020

This August the Palm Beach Zoo and Conservation Society is offering kids free admission for every full-priced adult ticket. Two children under the age of 13 will be able to get into the zoo for free throughout the month of August. The Palm Beach Zoo is home to hundreds of animals and species, many of them are endangered. The zoo features 23 acres of lush tropical habitat.

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BubbleInfo

AUGUST 7, 2020

I’m going to help a few people get started in the business, and hopefully make a career of selling real estate. I figure I should just publish my guide right here on the blog, and Fridays are a good day to do it! Let’s explore what it takes to become a realtor in 2020! Where […]. The post Getting Started in Real Estate appeared first on bubbleinfo.com.

Marketing 105

Marketing 105

Better Dwelling

AUGUST 7, 2020

The unemployment shock from the pandemic is still working its way around the country. Government of Canada (GoC) data shows Canada Emergency Response Benefit (CERB), the unemployment benefit sparked by widespread workplace closures due to the pandemic, is seeing new applications slow in growth as of the week of August 2. The economy is starting […].

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As-is Mortgages 99

Realty Biz

AUGUST 7, 2020

Home appraisers are struggling to keep up with a sudden surge in home buying and refinancing. As a result, turnaround times for appraisals are increasing, causing delays in the underwriting process, HousingWire reported this week. HousingWire said a survey of lenders showed that many are being quoted two to three weeks for an appraisal, which is far longer than usual.

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Inspection Technology Industrial Mortgages 98

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

First Team Real Estate

AUGUST 7, 2020

It’s hard to believe that the real estate market could be booming in the middle of a pandemic. But the fact is, coronavirus hasn’t killed the housing market, it’s helped reveal how viable and healthy it really is. With buyers and sellers continuing to safely and securely close home transactions amid COVID-19 , the real estate market is a great bet right now.

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Marketing Staging Equity Sales 98

The Close

AUGUST 7, 2020

When it comes to reading the tea leaves of the real estate market, most agents (yes, even the ultra-high-end ones) haven’t got a clue. Sure, they may sound like they know what they’re talking about, but when it comes down to it, they may as well just roll some dice. In fact, the more certain they are, the less they seem to know. That’s because the economics driving the real estate market is so complicated that it would take a Ph.D. to understand it.

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Agents Equity Technology As-is 98

BubbleInfo

AUGUST 7, 2020

The idea of people fleeing to the suburbs isn’t what we thought – an excerpt: For the week ending on May 10 — which was around the height of the pandemic in New York City — the percentage of search traffic from the New York metro area to out of market areas rose 5.4 percentage […]. The post Mass Exodus? appeared first on bubbleinfo.com.

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Marketing 98

McKissock

AUGUST 7, 2020

Residential appraisers will often—if not just about always—have their work reviewed by another appraiser. Usually, this is a routine procedure that the original appraiser barely notices. Sometimes, the review appraiser will come back with requests for extra information, or doubts, that the original appraiser might find annoying. To be sure, the reviewer’s questions might sometimes seem nit-picky, and answering them can distract from other work.

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Residential Banks Commercial Property Management 94

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Agents

Realtor.com

AUGUST 7, 2020

realtor.com An enormous European-style estate has come back on the market for $49.5 million. That prodigious price point makes the Hillandale Estate in Stamford, CT, the most expensive home for sale in Connecticut. “The house is set on roughly 261 acres and 15 tax lots,” says the co-listing agent, Stacey Oestreich. Even though the official listing is in Fairfield County, CT , parts of the property also spill into Westchester County, NY.

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Renovation Agents As-is Sales 92

The Mortgage Report

AUGUST 7, 2020

How often can you refinance your home with conventional, FHA, VA, and USDA loans? See if you can refinance at today's rates.

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Loans Mortgages 110

Realtor.com

AUGUST 7, 2020

realtor.com A multimillion-dollar modern man cave in Milwaukee snagged a ton of clicks and easily won the crown of this week’s most popular home on realtor.com®. If a SoCal transplant desired a lair near Lake Michigan, this would be the place. A glance at Google Street View shows just how much the sleek home sticks out in a sea of traditional homes lining the block.

Renovation 91

Renovation Design As-is Marketing 91

Brownstoner

AUGUST 7, 2020

This weekend’s open houses are all early 20th century brick houses -- some with original interior features and three of them with garages. Located in Windsor Terrace, Bay Ridge, Midwood and Wingate, they range in asking price from $800,000 for a semi-detached brick house in Wingate to $4 million for… Read More > The post Garages, Solar Panels, a Pool and More in Open Houses This Weekend, Starting at $800K appeared first on Brownstoner.

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Marketing 87

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