Thu.Oct 14, 2021

Congress nears deal on key housing bills

Housing Wire

As Congress haggles over funding for the social infrastructure package, a Senate Democrat who chairs the Senate Finance Committee promised a key housing provision will make the cut.

What Do Past Years Tell Us About Today’s Real Estate Market?

Keeping Current Matters

As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is headed. But what do these terms mean?

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Millennials struggle to compete with boomers for homes

Housing Wire

Young people make up a smaller share of recent homebuyers than in previous years most likely due to the increased market activity of baby boomers, a new Zillow report published on Thursday found.

Equity 422

Remodeling Industry Confidence Improves Year over Year

Eyes on Housing

The NAHB/Royal Building Products Remodeling Market Index (RMI) for the third quarter posted a reading of 87, up five points from the third quarter of 2020. The reading is a sign of positive residential remodeler sentiment for projects of all sizes.

What Agents Should Be Doing Every Day to Succeed With Leads

Top agents do this every day to succeed.do you? It’s all about the follow-up. Top agents shared their perfected processes, and we compiled it into a super easy visual to-do list for Real Estate lead follow up that wins. Get the list now!

Mortgage rates hit highest level since April

Housing Wire

The average 30-year-fixed mortgage rose seven basis points to 3.05% for the week ending Oct. 14, to its highest level since April, according to Freddie Mac’s latest PMMS survey of mortgage rates. Two weeks ago, rates rose 13 basis points to 3.01%, eclipsing the 3% mark for the first time since June.

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Fannie Mae’s sales of reperforming loans are on the rise 

Housing Wire

Sales of reperforming loans nosedived in 2020 as the pandemic took root in America, but sales volume appears to have recovered with vigor, based on an analysis of RPL offerings for government-sponsored enterprise Fannie Mae.

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‘It’s about time’: Agents cheer as Zillow braces for portal war in NYC

Inman

Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022.

Agents 143

UWM not ready to fully commit to cryptocurrency payments

Housing Wire

United Wholesale Mortgage is testing the waters with cryptocurrency, announcing today that it accepted its first-ever cryptocurrency mortgage payment in September. According to UWM, five more cryptocurrency mortgage payments were evaluated and accepted in October.

Selling Your Home? Make Sure to Ask These Questions Before Choosing a Real Estate Agent

Lighter Side of Real Estate

When you’re selling your home, choosing the right real estate agent is one of the most important parts of the process.

Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

Join Paul Moya, CEO of Millennial Labs and the Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World, as he shares insights and information about the importance of understanding a buyer and how their needs change with each generation.

Wells Fargo reports lower origination volume in Q2

Housing Wire

Wells Fargo originated $51.9 billion worth of mortgages in the third quarter, down slightly from $53.2 billion in the previous quarter. The depository’s retail business made up most of its origination volume from July to September, coming in at $32.5

‘OK Boomer’: Older homebuyers make gains as millennials struggle

Inman

Baby boomers made gains over first-time homebuyers in the decade before the pandemic, growing to 24 percent of recent home purchases in 2019, according to a new analysis from Zillow.

Equity 136

Engel & Völkers Partner David Turner On Specialty Markets

Realty Biz

Engel & Völkers, one of the world’s leading premium real estate companies, announced recently the opening of its newest real estate shop in Sheridan, Wyoming. The new branch will be headed by David G. Turner, who’s a top producing real estate professional in this interesting region.

Virginia set to mourn agent killed over sight-unseen home purchase

Inman

Long & Foster agent Soren Arn-Oelschlegel posted a final Facebook message congratulating the out-of-town client for whom he'd helped purchase a quaint home just days before his grisly murder.

Agents 136

Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

Join our esteemed panelists for their discussion on the importance of progress tracking which ultimately touches upon every digital aspect within the construction cycle. Our thought-leaders' years of experience on the job sites can help you build a better future at your company.

Oregon First-Time Home Buyer: 2021 Programs and Grants

The Mortgage Report

An Oregon first-time home buyer can access loads of support and assistance — often including cash help with their down payment.

Eano makes home remodel management smart: Tech Review

Inman

The software was inspired by its founder's own struggle to oversee the building of an accessory dwelling unit. It secured $6 million in seed funding in early 2021.

AREAA INSTALLS TIM HUR AS NATIONAL PRESIDENT FOR 2022

Realty Biz

The Asian Real Estate Association of America , a national nonprofit trade organization focused on improving the homeownership rates of the Asian-American Pacific Islander (AAPI) community, has installed its next president.

How to make a brilliant first impression and instantly build relationships

Inman

In real estate, you could be one relationship away from moving your business to the next level. Here's how to have those first conversations, transform them into meaningful connections and build relationships.

A New Report from NAA Sponsored by AppFolio Reveals Top Challenges Facing Property Management Industry

App Folio

From transitioning to remote work to the sudden urgency in adopting technology to carry out everyday operations, the general business

Mortgage rates continue their ascent onward into mid-October

Inman

Rates creeped upward once again across all major mortgage types, part of a rise from their all-time lows earlier this year, according to Freddie Mac’s weekly lender survey.

The next looming threat to our business and why I don’t care

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: The next looming threat to our business and why I don’t care.

Real estate heir Robert Durst gets life in prison for friend’s murder

Inman

Durst, whose case was made famous in the HBO miniseries "The Jinx," will spend the rest of his life behind bars for murdering Susan Berman in 2000.

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This is No Longer a Housing Boom or a Housing Bubble

Realty Biz

We’ve had the makings of a housing bubble for more than a year and a half. The basic ingredient for a bubble is when demand for homes exceeds the actual supply. What we do not have is the ingredient for a housing bust, which is when the demand decreases and the supply increases.

CoreLogic rebrands Matrix, Realist and Trestle products

Inman

Meet the CoreLogic Listing Management Platform, Property Insights Platform and Property Data Marketplace. MLS & Associations Select Technology Uncategorized corelogic listing management platform matrix property data marketplace property insights platform realist robin wachner trestle victor lun

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Is Now a Good Time to Become a Landlord?

RIS Media

TNS—Q: We are getting older and ready to move to a smaller home. Our plan has always been to rent our existing house to make extra money toward our retirement. After the eviction moratorium, we are nervous. Is it a good time to be a landlord? Jerri.

ClimateCheck debuts on location intelligence platform Local Logic

Inman

The two companies' shared interested in local data insights is one major reason the partnership was a good fit, ClimateCheck CEO Cal Inman said. Industry News News Brief Technology cal inman climate change climatecheck fire flood global warming hurricane local logic movoto realscout Redfin

First-Ever Proptech Franchise Opportunity Creates Ancillary Revenue Stream Through Predictive Behavior Platform

RIS Media

There are thousands of real estate data platforms available to practitioners that assist agents and brokers in simplifying workflows, improving transparency, and attracting and retaining new business.

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3 moments that shaped the career of Knock CEO Sean Black

Inman

From working at the Vatican to meeting Barbara Corcoran, Sean Black breaks down the milestones that led him to success. Read about the three moments that sharpened his leadership skills ahead of his appearance at Inman Connect Las Vegas.

3 People Luxury Real Estate Professionals Need in Their Sphere of Influencec

RIS Media

How often do you network with other professionals who serve an affluent clientele?