Housing Wire
OCTOBER 14, 2021
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. Sen. Ron Wyden of Oregon, a Democrat, told attendees of a Housing Oregon virtual conference on Friday that the committee he chairs had an “enormous interest” in the Neighborhood Homes Investment Act.
Keeping Current Matters
OCTOBER 14, 2021
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? The housing market today is anything but normal , and it’s still an incredibly strong sellers’ market , especially when compared to the few years leading up to the pandemic.
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Housing Wire
OCTOBER 14, 2021
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. It’s hardly breaking news that the demand for housing has drastically increased over the past 18 months, but the report suggests that this has more to do with demographic trends than the pandemic.
Sotheby's International Real Estate
OCTOBER 14, 2021
Atami, Japan | List Sotheby’s International Realty. Seeking peace, harmony, and tranquility at home? Perhaps it’s time to embrace the minimalism, artisanal craftsmanship, and traditional features that make Japanese design so inviting. Though Japandi style—a combination of classic Japanese and streamlined Scandinavian aesthetics—is topping trend lists this year, the foundational components of Japanese design are truly timeless.
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
Housing Wire
OCTOBER 14, 2021
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. The GSE earlier this month announced its 23rd sale of reperforming loans, which are defined by Fannie Mae as mortgages that were previously delinquent but are performing again because payments have become current — with or without the use of a modification plan.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
OCTOBER 14, 2021
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. However, last week, rates fell to 2.99%. Mortgage rates typically move in tandem with the 10-year U.S.
Eye on Housing
OCTOBER 14, 2021
Prices paid for goods used in residential construction ex-energy decreased 0.8% in September (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The decrease was largely driven by lower lumber and concrete products prices and was the second monthly decline since the start of the last recession.
Housing Wire
OCTOBER 14, 2021
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. The Pontiac-based wholesale mortgage lender said that the transactions were used as models to “better assess scaling cryptocurrency payments for consumers.
Eye on Housing
OCTOBER 14, 2021
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.
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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.
Housing Wire
OCTOBER 14, 2021
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 billion, while the correspondent channel produced $16.7 billion worth of mortgages. Despite earlier reports in the mortgage industry that refis were waning , Wells Fargo’s third quarter results revealed that 55% of their origination business was ref
The Mortgage Report
OCTOBER 14, 2021
An Oregon first-time home buyer can access loads of support and assistance — often including cash help with their down payment.
Better Dwelling
OCTOBER 14, 2021
Canadian home building is near record activity, but it appears it’s hard to keep finding new money. Statistics Canada (Stat Can) data shows investment in building construction fell in August. The decline marked the fourth consecutive month, and it was due entirely to housing. Residential building construction investment dropped so fast, it’s now technically a […].
Realty Biz
OCTOBER 14, 2021
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. Given this is such a specialty market, and the nature of Turner’s team there, we thought a brief Q & A with the broker would be of interest to professionals and potential buyers and sellers, as well.
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.
Realtor.com
OCTOBER 14, 2021
With a federal moratorium on foreclosures ending, loan forbearance relief running out, and the COVID-19 pandemic continuing, foreclosures are starting to jump up. The post Foreclosures Are Shooting Up—Is It a Repeat of the Early 2000s Housing Crisis? appeared first on Real Estate News & Insights | realtor.com®.
Brownstoner
OCTOBER 14, 2021
In reimagining a compact mid-19th century townhouse as a tranquil home base for a newlywed couple with high-powered careers, his in the media business and hers in travel, architect Alexandra Barker of Gowanus-based Barker Associates Architecture Office (BAAO) lit upon the idea of creating arched openings between rooms. "The front facade… Read More > The post The Insider: Arched Openings Are Elegant Leitmotif in Renovation of Fort Greene Townhouse appeared first on Brownstoner.
First Team Real Estate
OCTOBER 14, 2021
All month long, we’re celebrating our robust network of luxury partners including Christie’s International Real Estate , Luxury Portfolio International, and LuxuryRealEstate.com who help us remain #1 in Southern California and sell more $1 million+ homes than any other real estate company in Orange County. Delivering unmatched value to their high-end clientele thanks to our luxury affiliates, our agents provide their sellers with access to elite marketing opportunities and the wealth
App Folio
OCTOBER 14, 2021
From transitioning to remote work to the sudden urgency in adopting technology to carry out everyday operations, the general business.
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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.
RIS Media
OCTOBER 14, 2021
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. Until now, however, there has not been a consumer-facing platform that accomplishes all of the above, and more, while also providing a franchise opportunity that allows business owners to reap the financial rewards of the consumers and agents leveraging the platform. “If someone would have sa
RISMedia
OCTOBER 14, 2021
Having a good credit score is something that will help throughout your adult life. Unfortunately, many people don’t understand how credit works, and this could be causing you more problems than you realize. Below, we'll look at the top 10 things you need to understand about credit scores to help you better manage your finances: […]. The post 10 Things You Need to Know About Credit Scoring appeared first on RISMedia's Housecall.
HomeLight
OCTOBER 14, 2021
If you’re buying a home that might not be completely up to date (or maybe it’s just not quite your style), then you might be wondering: of all the possible improvements imaginable, which are the updates that increase home value the most? Here’s the thing — not all updates will actually show a high return on your investment (also known in the biz as ROI).
BubbleInfo
OCTOBER 14, 2021
The post-frenzy headlines will revert back to their usual negative slant. Will home buyers read the entire article? Or jump to their own conclusions? Here are the actual numbers mentioned: States with the largest number of new foreclosures were: California: 3,434 Texas: 2,827 Florida: 2,546 New York: 1,363 Illinois: 1,362 “Despite the increased level of […].
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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.
Realty Biz
OCTOBER 14, 2021
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. Tim Hur, 37, who is the Managing Broker and President of Point Honors and Associates, REALTORS, a boutique real estate firm located in Metro Atlanta, becomes the second youngest leader of the national group.
The Mortgage Report
OCTOBER 14, 2021
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. Phew! That was the first fall in 10 calendar days and felt overdue. Today’s rates may feel high. But […].
American Lifestyle
OCTOBER 14, 2021
The post How to Throw a Halloween Party on a Budget appeared first on American Lifestyle Magazine.
Brownstoner
OCTOBER 14, 2021
The Brooklyn Public Library opened a new branch for the first time in nearly 40 years on Tuesday, when library execs and local pols cut the ribbon at the new Adams Street Library in Dumbo. The new library is BPL’s 60th branch, and the first new one in the borough since… Read More > The post Ribbon Cut on Dumbo Library, Opening First New Brooklyn Branch in 40 Years appeared first on Brownstoner.
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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.
American Lifestyle
OCTOBER 14, 2021
The post The In-Law Suite Life appeared first on American Lifestyle Magazine.
RIS Media
OCTOBER 14, 2021
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. A: Not collecting rent is a scary prospect that every landlord needs to be prepared for. Whether it is because of a pandemic, natural disaster or non-paying tenant, you need to have enough of a cushion to carry the house’s expenses for at lea
Brownstoner
OCTOBER 14, 2021
This one-bedroom in a 1936 elevator building has the layout expected in a building of this vintage and some striking tile in the bathroom for lovers of the era. On the fifth floor of 375 76th Street in Bay Ridge, the unit also has a parquet floors, picture rails and… Read More > The post Bay Ridge One-Bedroom With Arches, Foyer, Vintage Tile Asks $1,750 a Month appeared first on Brownstoner.
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