Keeping Current Matters

NOVEMBER 9, 2021

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1. Higher Prices. With so many more buyers in the market than homes available for sale, homebuyers are frequently getting into bidding wars for the houses they want to purchase.

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Housing Wire

NOVEMBER 9, 2021

One of the most unloved American economic success stories has been how spectacular American households with mortgage debt look today. Let’s take a look at the New York Federal Reserve’s Household Debt and Credit Report for the third quarter, released today. The most important factor is that debt structures are vanilla. Post-2010, lending standards in America became normal again, and while I still believe they’re very liberal, they’re sane.

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Sotheby's International Real Estate

NOVEMBER 9, 2021

Inspired by the likes of the legendary Richard Neutra, modernist architect Raúl F. Garduño employed a distinctive style characterized by a unique use of shapes, warm materials—including wood beams and rugged brick—and walls of glass. Garduño designed this low-slung 1971 home, blending hints of an Asian aesthetic with iconic midcentury modern elements.

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Design 137

Housing Wire

NOVEMBER 9, 2021

Mortgage delinquency rates hit the lowest level since the beginning of the pandemic in August, according to the most recent CoreLogic Loan Performance Report. However, some borrowers are still facing severe financial challenges. In August, 4% of mortgages were delinquent by at least 30 days, including foreclosure, a drop from the 6.6% rate in August of 2020.

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Mortgages Equity Loans Staging 501

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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

Agents

Better Dwelling

NOVEMBER 9, 2021

BC’s Inquiry Into Money Laundering might be wrapping up, but there’s still a lot of data to trawl through. One data set is from the Canada Border Services Agency (CBSA) and cash seized from travelers. Between April 2015 and March 2020, the agency seized well over $100 million in undeclared large cash holdings from travelers. […]. The post Canadian Border Agents Seized $166 Million In Undeclared Cash From Travelers appeared first on Better Dwelling.

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Agents 128

Housing Wire

NOVEMBER 9, 2021

Ocwen Financial Corporation (NYSE: OCN), the parent company of leading reverse mortgage lender Liberty Reverse Mortgage, has reported that its reverse mortgage volume has nearly doubled year-over-year and has described anticipation for further incorporating servicing company Reverse Mortgage Solutions (RMS) into its operations to transform Liberty into an end-to-end, full-service lender.

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Mortgages Closing Investor As-is 383

Housing Wire

NOVEMBER 9, 2021

Closing Quality Control. Snapdocs is demonstrating a major milestone on the closing journey: Closing Quality Control. This new functionality automatically organizes all post closing documents into their appropriate folders in your LOS, and will ultimately resolve any missing documents, signatures & more. Product Fast Facts. #1. Borrowers enjoy a fast and convenient closing.

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Title Loans Closing Agents 382

BubbleInfo

NOVEMBER 9, 2021

This forecast suggests that prices would still be cooking in 1Q22, but once the spring selling season gets rolling, the median prices will level off? It would take a flood of inventory to pull that off. They blame rising rates, but when that happens it usually causes buyers to hurry up and buy. As long […].

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Loans 105

Housing Wire

NOVEMBER 9, 2021

The first signs of a shifting market cycle are already here. Purchase volume has caught up with, and will likely soon eclipse, refinance volume. And the whispers of margin compression are again being heard across the mortgage industry. The refinance explosion of 2020 wasn’t going to last forever. But it’s been a while since mortgage lenders had to really focus on being competitive in a more challenging purchase market.

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Title Mortgages Industrial Commercial 382

Brownstoner

NOVEMBER 9, 2021

Outside of a Woody Allen film, few have seen a circa-1900 apartment this big. A purpose-built "French flat," it's one of four that debuted in a Neoclassical limestone building at the turn of the 20th century. Located on the third floor of 953 President Street in the Park Slope Historic District… Read More > The post Sprawling Park Slope French Flat With Dining Room, Three Bedrooms Asks $1.985 Million appeared first on Brownstoner.

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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

Housing Wire

NOVEMBER 9, 2021

Solex® eClosing. Trusted by the nation’s leading lenders, Solex eClosing has enabled over 550,000 digital loan closings. Providing borrowers the contactless closing they seek, this solution has delivered on the promise of digitization streamlining complex, paper-intensive processes and optimizing operations. Faster closings and reduced costs per loan, Solex eClosing does it all.

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Loans Closing Agents Mortgages 379

Waterfront Properties

NOVEMBER 9, 2021

The 10th Annual Chili Cook-Off and Beer Tasting Event honors Palm Beach County local veterans on Saturday, November 13, 2021, between 2:00 PM – 6:00 PM. The chili cookoff will take place at One Main Street, in Tequesta. The food festival will be a full day of fun, food, and honoring our local heroes on Veterans Day.

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Housing Wire

NOVEMBER 9, 2021

United Wholesale Mortgage (UWM), the largest wholesale lender in the country, posted $329.9 million in profits during the third quarter, an uptick from the $138.7 million registered in the second quarter. According to the Pontiac, Michigan-based lender’s earning report, loan origination volume reached $63 billion in the third quarter, up from $59.2 billion in the prior quarter and the $54.3 billion year over year.

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Mortgages Technology Loans Sales 370

REM Online

NOVEMBER 9, 2021

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Re/Max Integra sale marks end of an era. Please visit REMonline.com for more content like this, and contact web@remonline.com to inform us of any unauthorized reproduction. In July the Re/Max empire put a bow on the largest regional acquisition in its history, finalizing the purchase of the North American areas of sub-master franchisor Re/Max Integra for US$2

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Sales 98

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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

Housing Wire

NOVEMBER 9, 2021

Luxury real estate brokerage Douglas Elliman is going to be spun off from its parent company Vector Group , the owner of discount cigarette brands and Nathan’s Famous hot dogs. Howard Lorber, the CEO of Vector , told Bloomberg that the spinoff would occur on Tuesday, with the luxury brokerage being listed on the New York Stock Exchange under the ticker, “DOUG.” “Tobacco has good, consistent cash flow, but there are still certain funds and institutions that won’t invest in it,”

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Brokerage Branding Residential Sales 370

Waterfront Properties

NOVEMBER 9, 2021

The Abacoa Green Market, organized and started by restauranteur Ryan Witkowski, owner of Stadium Grill, kicked off at the beginning of October. The Abacoa Green Market is held from 5:00 p.m. to 8:00 p.m. The green market is every Wednesday at the Abacoa Amphitheatre in Jupiter. The next market is November 10, 2021. It features fresh produce, seafood, artisan cheeses, baked goods, arts and crafts, photography, and more.

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Marketing 98

Housing Wire

NOVEMBER 9, 2021

Qualia Connect. Qualia simplifies closings for lenders with automated order placement and streamlined communication for lenders and thousands of title and escrow agents. Whether you close five or 5,000 loans a month, Qualia provides transparency throughout the process for you and your title partners. Product Fast Facts. #1. Streamlined Order Management: Easily place and track title and closing orders with any title company directly from your LOS. #2.

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Title Closing Loans Agents 370

Brownstoner

NOVEMBER 9, 2021

In the News A Quiet Williamsburg Studio With a Home-Court Advantage [NYT] Bushwick's Brooklyn Made Is the Post-COVID Future of Live Music [NYP] Brooklyn Public Library Announces 2021 Literary Prize Winners [Eagle] DOT: Cycling on Brooklyn Bridge Almost Doubled Since New Bike Lane [BP] Sizable Sailboat Has Been Sinking Into Sheepshead Bay for Weeks… Read More > The post Daily Links: Cyclists Flock to Brooklyn Bridge After New Lane Opens appeared first on Brownstoner.

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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

Housing Wire

NOVEMBER 9, 2021

Data Quality Manager. Our Platform employs a wide-ranging set of tools for users to identify what are the corrective measures to remove duplicates, ensure completeness and accuracy, and validate data against reference tables. Product Fast Facts. #1. 1-click, secure deployment. #2. No client data persisted. #3. Dynamic Scaling across technology and business teams.

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Technology 359

The Mortgage Report

NOVEMBER 9, 2021

Today’s mortgage and refinance rates Average mortgage rates fell yet again yesterday, sustaining the recent run of falls. However, some of that may have been a hangover from Friday’s fall […].

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Mortgages 93

Housing Wire

NOVEMBER 9, 2021

DecisionGenius. DecisionGenius is an automation solution that combines income, credit, assets, and collateral for cohesive, comprehensive decision making and provides much needed automation to the middle office. By triangulating the loan application, product guidelines, and performing complex calculations from the borrower provided documents, DecisionGenius saves valuable time in processing and underwriting.

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Lending Loans As-is 284

Realty Biz

NOVEMBER 9, 2021

Businesses are investing in more upscale workplaces in an effort to lure workers back to the office. They’re looking to buy more spacious premises with amenities and perks such as custom-built lounges, games rooms with ping-pong tables and foosball, outdoor areas including spaces with fire pits for diners. They’re also looking to renovate existing premises to add the same.

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Commercial Staging Renovation As-is 90

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

Realtor.com

NOVEMBER 9, 2021

Check out these common types of home loans and whom they're suited for so you make the right choice. The post 6 Different Types of Home Loans: Which One Is Right for You? appeared first on Real Estate News & Insights | realtor.com®.

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Loans Finance Mortgages 99

HomeLight

NOVEMBER 9, 2021

An appraisal is the process of determining what something is worth, getting an official value on a big ticket item — whether that item is your engagement ring, your late grandfather’s Black Forest cuckoo clock, or your beloved home. Insurance companies use appraisals to value items in your home, such as your engagement ring, so they can provide adequate coverage.

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Purchase and sale agreement Equity Bankruptcy Finance 100

Realtor.com

NOVEMBER 9, 2021

Buying a home in your 30s has several advantages, including building long-term wealth. Here's what every millennial needs to know before buying. The post Buying a Home in Your 30s? Here’s Everything You Need To Know appeared first on Real Estate News & Insights | realtor.com®.

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Loans 97

The Mortgage Report

NOVEMBER 9, 2021

A new rule reduces closing costs for investment property buyers — but only if owners agree to report their renters' payments to the credit bureaus.

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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

Agents

Realtor.com

NOVEMBER 9, 2021

How much can a landlord raise rent? Read on for the answers to the most common questions, from how high rent can be hiked, how often, and more. The post How Much Can a Landlord Raise Rent? What to Know About Rent Increase Laws appeared first on Real Estate News & Insights | realtor.com®.

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HomeLight

NOVEMBER 9, 2021

Closing costs are assumed to be part of doing business in real estate, but do cash buyers pay closing costs? Yes, you can expect charges for attorney hours, taxes, plus title and recording fees to still apply, though the use of cash can greatly reduce a buyer’s closing costs with the elimination of mortgage fees. Sellers may also get a break on closing costs when they accept an all-cash offer, though it depends on who the offer comes from and how the deal came together.

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Realtor.com

NOVEMBER 9, 2021

Where are buyers in search of a home of their own facing the most competition from investors? The Realtor.com data team found out. The post Wall Street vs. Main Street: 10 Cities Where First-Time Buyers Are Battling Investors for the Best Homes appeared first on Real Estate News & Insights | realtor.com®.

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Investor 91

HomeLight

NOVEMBER 9, 2021

If you need to sell your home pronto, now is a great time. The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing.

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Purchase and sale agreement Home sale contingency Title search Inspection 95

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