Housing Wire

OCTOBER 28, 2021

The average 30-year-fixed mortgage rate continues to trend upwards, rising by five basis points to 3.14% for the week ending Oct. 28, according to Freddie Mac ’s latest PMMS survey. Rates have risen roughly 20 basis points over the past month, and market observers believe that rise will continue. Sam Khater, Freddie Mac’s chief economist, said in a statement that the yield on the 10-year Treasury has been increasing “due to the decline in new COVID cases, increasing consumer optimism, as well as

Mortgages 479

Mortgages Fixed-rate mortgage Banks Development 479

Keeping Current Matters

OCTOBER 28, 2021

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your home, rest assured there are buyers who do. Remote Work Is Here To Stay.

Staging 247

Staging Design As-is Agents 247

Housing Wire

OCTOBER 28, 2021

We have recently seen a major shift in the focus of Fannie Mae , Freddie Mac and their regulator, FHFA. Just a few years ago, we were talking about shrinking the GSEs’ footprint, giving GSE charters to vertically integrated Wall Street banks, and giving these same Wall Street banks access to the GSEs’ Common Securitization Platform, which would have enabled them to dominate mortgage markets.

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Banks Loans Mortgages Investor 445

Realty Biz

OCTOBER 28, 2021

Most people don’t want to be bothered with trying to sell a house during the holidays. For that very reason, you could do very well selling yours during this super slow part of the season. This is when there is the least number of competing sales in the market. Others don’t bother trying to sell their house during the holidays for many reasons. It could be because they are caught up in the festive and party atmosphere, have friends and family coming over, they don’t want potential buyers trudgin

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Residential Sales Marketing As-is 132

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Housing Wire

OCTOBER 28, 2021

After rising 8% in August, pending home sales dropped 2.3% in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. The index dropped to 116.7 in September, which is 8% lower than a year ago. An index level of 100 is equal to the level of contract activity in 2001. “Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity,” L

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Sales Renovation Banks Marketing 421

Better Dwelling

OCTOBER 28, 2021

Canadian bond yields are rallying, and that’s bad news for people looking for cheap mortgage debt. The Government of Canada (GoC) 5-Year bond yield surged higher on Wednesday. The yield on this bond influences 5-year fixed mortgage rates, but have yet to be priced in. The last time yields were at this level, mortgage rates […]. The post Canadian Mortgage Rates Were 20% Higher The Last Time Bond Yields Hit This Level appeared first on Better Dwelling.

Mortgages 131

Mortgages 131

Realty Biz

OCTOBER 28, 2021

Homebuilding giant Lennar is building what will be the U.S.’s largest community of 3D-printed homes so far in Austin, Texas through a partnership with the startup ICON. The builder, one of the biggest in the U.S., said the high-tech construction method will help it to overcome some labor and materials shortages that have hampered the construction industry over the past 18 months. 3D-printed homes are not just faster to build, but also cost less to produce.

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Construction Technology Development Industrial 122

Housing Wire

OCTOBER 28, 2021

Publicly traded proptech company Porch Group has been acquiring companies left and right over the past year, and it’s evidently not done yet. The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. The acquisition cost Porch about $76.5 million in cash and $10 million of Porch’s common stock at closing, according to a press release.

Mortgages 397

Mortgages Loan Officer Investor Loans 397

Realtor.com

OCTOBER 28, 2021

Rental prices haven’t just recovered—they’ve surged to record levels in many parts of the country as the housing crunch continues. The post Rents Continue Surging: Where They’re Rising the Most appeared first on Real Estate News & Insights | realtor.com®.

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Housing Wire

OCTOBER 28, 2021

Matt Merlone Sr. Fraud Risk DataVerify. In 1984, Glenn Frey released the song “The Heat is On” to support the movie Beverly Hills Cop. Growing up in the ’80s I only need to hear the title of this song and can still immediately conjure up the tune and even the lyrics. The song’s intro builds into an up-tempo catchy tune that speaks to pressure, shadows, and the omnipresent “heat” on the street.

Lending 393

Lending Residential Loans Industrial 393

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 American Genius for Real Estate

OCTOBER 28, 2021

The iBuying model is under speculation from regulatory bodies, and how they represent themselves to the public could be their undoing. The post The pending demise of iBuying real estate brokerages appeared first on The American Genius Real Estate.

Brokerage 111

Brokerage 111

Brownstoner

OCTOBER 28, 2021

A Downtown Brooklyn historic landmark, the Dime Savings Bank, is now the base for the borough's first supertall skyscraper, which recently topped out at 93 stories and 1,066 feet, developer JDS Development Group and designer SHoP Architects announced in advance of a hard-hat tour today. The building of one on… Read More > The post The View From the 65th Floor of Brooklyn’s First Supertall Skyscraper appeared first on Brownstoner.

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Banks Development Design Marketing 105

BubbleInfo

OCTOBER 28, 2021

I got a chuckle out of the highlighted comment above, but it feels like it! NSDCC October listings: 2018: 401 2019: 366 2020: 400 2021: 177 Today’s NSDCC counts: Actives: 249 Pendings: 248 The 2022 selling season could be disappointing at this pace – and the inventory doesn’t have to pick up.

Marketing 105

Marketing 105

Agent Drive

OCTOBER 28, 2021

Passive Houses are the hottest trend in the green building world. But is it all hype? Here are 11 myths about passive houses, debunked for you to decide for yourself. 1. Myth: You need a monumental house to take advantage of passive houses. If the foundation is built well, your passive house can be “monumental.” […]. The post 8 Lies About Passive Houses: Debunking Misconceptions appeared first on AgentDrive.

Marketing 105

Marketing 105

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Sales

The Mortgage Report

OCTOBER 28, 2021

It's more than possible to buy a house in your 20s (or even earlier) if you meet a few basic criteria. Here's how to get started as a first-time home buyer.

Mortgages 111

Mortgages 111

App Folio

OCTOBER 28, 2021

It’s no secret that maintaining and upgrading your properties can be a labor intensive, stressful, and costly process. Proper maintenance.

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Sotheby's International Real Estate

OCTOBER 28, 2021

From a US$39M sale in Florida to a SGD$19M sale in Singapore, discover five sales represented by Sotheby’s International Realty in September of 2021. Florida. Palm Beach, Florida | Lisa and John Cregan, Sotheby’s International Realty – Palm Beach Brokerage, Sold for $39,750,000. Wyoming. Jackson, Wyoming | Edward Liebzeit, Jackson Hole Sotheby’s International Realty, Price Undisclosed.

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Sales Brokerage 99

First Team Real Estate

OCTOBER 28, 2021

“Latchkey kids” in their childhood, Gen X are now in the peak earning years, searching for comfort and convenience at home. Learn more about Gen X characteristics and what they’re searching for in their next home. What is Generation X? Gen X birth years are between 1965 – 1980, encompassing individuals 41-56 years old. The term Generation X comes from their position sandwiched between Baby Boomers and Millennials.

Design 98

Design Equity As-is Loans 98

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

Brownstoner

OCTOBER 28, 2021

When a prospective client first approached Keren Richter of the design studio White Arrow to upgrade the 670-square-foot apartment he'd just bought in a historic commercial building near the Williamsburg Bridge, the pandemic had not yet begun. "Our early conversations centered around his wanting it to feel like a hotel," recalled Keren… Read More > The post The Insider: Redesign of Williamsburg Bachelor Pad Pivots From Hotel Chic to Homey During Pandemic appeared first on Brownstoner.

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Commercial Design Renovation 98

First Team Real Estate

OCTOBER 28, 2021

Southern California’s housing market is not just hot right now, according to experts, across the U.S. this is “one of the hottest housing markets in US history.” The explanation isn’t hard to understand – we’re facing historically tight supply, met with unprecedented demand. Low inventory = houses sell over asking price, spending little to no time on the market.

Marketing 98

Marketing Mortgages Loans Sales 98

Brownstoner

OCTOBER 28, 2021

In the News Brooklyn Has a New Band of Buzzy Post-Punk Teens: Geese [NYT] Two Brooklyn Playgrounds to Be Renovated Under City Program [BP] New Restaurant Brings Gourmet Pizza to Park Slope [BP]. Bushwick Yacht Club Has Donated Goods and Funds in First Year [Bushwick Daily] Council Members Urge Mayor to Postpone Tax… Read More > The post Daily Links: Pratt Study Finds Thousands of Unofficial Basement Apartments appeared first on Brownstoner.

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Renovation 98

Hank Miller Team

OCTOBER 28, 2021

The Covid influence on real estate continues to be unprecedented. Not one pundit or economic expert predicted or could have predicted how the pandemic set the housing market on fire. Sellers hit unexpected jackpots but not all need or want to become buyers. Many are remaining in place, working on and improving their homes. Their concerns? What provides the best return on investment for homeowners?

Design 98

Design Renovation Sales As-is 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

Waterfront Properties

OCTOBER 28, 2021

The upscale Tex-Mex restaurant, Cactus Grille and Tequila Bar is coming to the boundary line between Palm Beach Gardens and Jupiter. The eatery will take over the former Burger Bar space at the Donald Ross Village Plaza. Cactus Grille and Tequila Bar is expected to open this fall. The restaurant may be new to the plaza, but the restaurants roots go back to Rhode Island in the early 1990’s.

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The Mortgage Report

OCTOBER 28, 2021

Today’s mortgage and refinance rates Average mortgage rates fell again yesterday. And by a worthwhile amount. But these falls might turn out to be a temporary blip in an upward […].

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Mortgages 97

Waterfront Properties

OCTOBER 28, 2021

Manalapan’s Eau Palm Beach Resort amp; Spa focuses on the mantra “Pause. Play. Perfect”. This Forbes Five Star spa offers 42,000 square feet of space catered to indulgence including 19 treatment rooms and the incredible Self-Centered Garden, complete with dipping pools, swinging lounge chairs and cabanas. Manalapan, incorporated in 1931, is a prestigious coastal town situated between Palm Beach and Boca Raton.

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Realtor.com

OCTOBER 28, 2021

Here's a scary but true real-estate horror story: Competition to buy a home has grown so fierce that homebuyers are struggling to find "zombie" properties. The post 10 Places Where ‘Zombie’ Properties Present a Plague—of Homebuying Opportunities! appeared first on Real Estate News & Insights | realtor.com®.

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Agents

HomeLight

OCTOBER 28, 2021

Considering buying a one-bedroom to start building equity, but worried it’ll be hard to sell down the line? Or perhaps you’re ready to sell the apartment you’ve been living in, or holding as a rental, but you’ve heard one-bedroom units are notoriously hard to sell. “They’re certainly easier to sell in some markets than others,” says Albert Casalnova , a New York City real estate agent with 15 years experience.

Staging 102

Staging Debt-to-income ratio Investor Agents 102

Waterfront Properties

OCTOBER 28, 2021

An exciting new restaurant, Corvina Seafood Grill, featuring a renowned chef, an array of unique culinary creations, and stunning interior and exterior spaces, will open in bustling downtown Boca Raton this November. Corvina Seafood Grill, located at 99 SE Mizner Boulevard in Boca Raton, boasts both panoramic indoor and open-air seating for 235 guests and a private dining room, which seats up to 32 guests.

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As-is 92

Brownstoner

OCTOBER 28, 2021

Neighbors rallied on Sunday against National Grid’s plan to expand their natural gas plant in Greenpoint, which comes as the energy company awaits a decision on their final permits. National Grid is seeking to build two new liquified natural gas (LNG) vaporizers at the Greenpoint Energy Center on Maspeth Avenue —… Read More > The post Planned Expansion of Greenpoint Energy Center Brings Concerned Neighbors Out in Protest appeared first on Brownstoner.

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As-is 89

Eye on Housing

OCTOBER 28, 2021

Real GDP growth slowed to a moderate pace in the third quarter of 2021, as supply-chain disruptions continued, the cost of living rose, and 4.3 million workers quit their jobs. According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 2.0% in the third quarter of.

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Residential 90

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