Housing Wire

OCTOBER 2, 2020

This week the Conference of State Bank Supervisors issued a final proposed prudential standards rule for comment to address their concerns with nonbank servicers. The proposed rule addressed capital, liquidity, governance, policy related to entity survivorship, and more. It’s a meaty proposal and one whose intent should be welcomed as it can help to further lessen the unusual focus that nonbank lenders and servicers have been getting in recent years.

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Banks Investor Lending Loans 524

Keeping Current Matters

OCTOBER 2, 2020

Some Highlights. According to CoreLogic , homeowners across the country are gaining significant equity. Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth. If you’re ready to sell your current house and begin looking for your dream home, contact your local real estate professional to learn how your home equity can help make that possible.

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Equity Marketing 226

Housing Wire

OCTOBER 2, 2020

After six weeks of steady declines, the number of mortgages in active forbearance rose by 21,000 last week, according to a new report. Though the raw number increased, the number of all mortgages in active forbearance remained at 6.8%, unchanged from the week prior , Black Knight said in a report on Friday. As of Sept. 29, 3.6 million homeowners remain in COVID-19-related forbearance plans representing $751 billion in unpaid principal.

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Loans VA loan Principal Mortgages 483

Realtor.com

OCTOBER 2, 2020

Sarah Catherine Design Birmingham, AL/Houzz We’re not going to mince words: This year has been a dumpster fire that makes us feel foolish for all the other times we whined about what a lousy year it was. And if you’re anything like us, you’re probably glad to see the calendar edge us closer to the end of this hellish spin around the sun.

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Design As-is Marketing 140

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Housing Wire

OCTOBER 2, 2020

The U.S. unemployment rate in September hit a six-month low of 7.9%, down half a percentage point from August’s 8.4%, the Labor Department said on Friday. With 1 million people making up that half percentage drop, the department estimates that now 12.6 million Americans are still unemployed, according to the Household Survey Data. Though unemployment has continued to decline since April’s 14.7% record spike, the decline has begun to slow.

Construction 396

Construction Residential Mortgages As-is 396

Brownstoner

OCTOBER 2, 2020

The craze for octagonal living was a relatively brief one, but in the mid 19th century eight-sided houses popped up in small towns across the country. This Oneida county example is a fetching one, with its deep porch, bracketed cornice and cupola. The architectural conversation starter on the market is located… Read More > The post Live in a 19th Century Architectural Fad — an Octagon House Is Yours for Under $290K appeared first on Brownstoner.

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Marketing 135

The American Genius for Real Estate

OCTOBER 2, 2020

(MARKETING) Emails tend to stack up and make it hard to organize and to find anything useful, here are several apps and ways to make your life easier. The post 7 ways to maximize your email productivity and reduce clutter appeared first on The American Genius Real Estate.

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Marketing 132

Housing Wire

OCTOBER 2, 2020

Texas-based mortgage lender Caliber Home Loans is the latest mortgage firm to ride the IPO wave, filing paperwork to potentially go public this year at a valuation north of $2 billion, according to a new report. The company, owned by private equity firm Lone Star Funds , filed confidential IPO paperwork with the Securities and Exchange Commission and could make its public debut as soon as next week, the Wall Street Journal reported Thursday.

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Loans Lending Mortgages Equity 370

Realtor.com

OCTOBER 2, 2020

Summit Sotheby's International Realty A massive house built to look like a barn is currently Utah’s most expensive listing, at $25 million. “It’s quite a property. It’s one of those legacy properties,” says the listing agent, Kerry Oman. The owners, he adds, wanted a place where their kids and grandkids could gather, and “have fun without ever having to leave.” The main house on South Geneva Road in Orem, UT, was built in 2003, and is affectionately known as “The Barn.

Design 124

Design As-is Agents 124

Housing Wire

OCTOBER 2, 2020

As COVID-19 swept through the U.S., there is one state that has refused to accept remote online notarization laws, even as stay-at-home orders forced many other states to temporarily accept RON. California, the most populated state in the U.S., has no legislation permitting RON, and some experts say it never will. In fact, California has even gone so far as to write to Congress, opposing proposed bills that would make RON legal in all 50 states, saying it was an overstep of state’s rights and th

Closing 368

Closing Mortgages As-is Title 368

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

Better Dwelling

OCTOBER 2, 2020

Canadian real estate buyers are starting to ghost sellers, after making offers. Marvin Alexander, president of Keller Williams Realty Centres, a Greater Toronto-based brokerage, notes an unusual uptick of buyers not delivering deposit cheques. He’s not alone. The broker is hearing similar stories from other brokerages across Greater Toronto, and suspects it might be a […].

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Brokerage 123

Housing Wire

OCTOBER 2, 2020

Axia Home Loans , a Washington-based lender with an unusual ownership structure , is looking to break into the ultra-competitive wholesale space. Axia, a 100% employee-owned company helmed by CEO Alexander Rosenblum , launched Unifie d Reliance Wholesale on Thursday. The division, currently staffed by about 30 employees, will be siloed from the company’s longstanding retail operation, Rosenblum told HousingWire in an interview Thursday.

Loans 284

Loans Mortgages Branding Marketing 284

Afford Anything

OCTOBER 2, 2020

What process do you use to make decisions? “Uhh … I put together a pros and cons list!”. “I harness my awesome spreadsheet skills and work out the variables in cells.”. “I ask others for their opinions and seek information from people who have been in my shoes.”. All of these tactics are common decision-making techniques…but they’re not processes.

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HR Banks Development 123

Housing Wire

OCTOBER 2, 2020

AmeriHome on Thursday became the latest mortgage lender to file for a public offering, the latest to do so amid a coronavirus pandemic that has helped spur record origination volume this year. The lender told the SEC in a filing that it plans to raise at least $100 million as a placeholder for an upcoming public offering , though it did not disclose the ultimate size of the offering.

Loans 257

Loans Mortgages Banks Residential 257

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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

The Close

OCTOBER 2, 2020

If there’s one thing we all struggle with in real estate, it’s this: An overwhelming majority of the public believes that we all work alike, and that there’s little difference between agents. With so many in the business competing for mind and market share, how do you create your personal point of difference? The answer does NOT lie in the ongoing boasting and broadcasting of your results, accomplishments, and credentials, but rather in encouraging and leveraging others to tell your story for yo

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Agents As-is Land Closing 116

RIS Media

OCTOBER 2, 2020

Aleksandra Scepanovic. Vitals: Ideal Properties Group. Years in business: 14. Size: 2 offices, 180 agents. Regions served: New York City. www.ipg.nyc. Aleksandra Scepanovic is co-founder and managing director of Ideal Properties Group, a leading real estate firm in Brooklyn, N.Y., which she founded in 2007 with Erik Serras. From a war correspondent turned media analyst turned freshly graduated interior designer, Scepanovic felt the real estate brokerage business was the natural next step. “

Brokerage 115

Brokerage Design As-is Agents 115

Waterfront Properties

OCTOBER 2, 2020

October 1st marks the first official day of National Pizza Month. Since pizza is do delicious, the Pizza Today Magazine in 1984 decided to dedicate a month to pizza. Many people observe National Pizza Month without even knowing it by consuming various types of pizza and toppings. Luckily for us here in Palm Beach County, there is plenty of great pizzerias to stop by a grab a pizza.

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RIS Media

OCTOBER 2, 2020

A lot has changed in the last six months. In real estate, this is reflected not only in how consumers behave, but also in how brokerages have had to shift their business models, starting at the leadership level and trickling down to agents. This topic was recently discussed at RISMedia’s first-ever virtual CEO Exchange, held as an all-day event on Sept. 17.

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Agents Brokerage Industrial Technology 113

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

OCTOBER 2, 2020

Downtown Palm Beach Gardens is bringing back their outdoor concert series on Friday and Saturday nights this October. The weekly concerts are free, and everyone is welcomed to attend. The outdoor concerts feature a diverse musical lineup of regional and local bands playing everything from country, pop, jazz, rock, and everything in between. The concerts take place in the Center Court.

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RIS Media

OCTOBER 2, 2020

You think that you have found the perfect house, but you may have to walk away for some reason. You may learn new information that causes you to rethink your decision or your circumstances may change. Problems With the House. A home inspector may discover serious problems, such as large cracks in the foundation or widespread mold. The inspector can also find that work was not performed according to code.

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Pre-approval Title search Title Renovation 109

Brownstoner

OCTOBER 2, 2020

In the News New York Becomes First Big City in U.S. to Reopen All Its Schools [NYT] For Black Designers, Opening Doors That Have Been Shut [NYT] Startling State Report Reveals Grim Future for NYC Restaurants, Bars [NYP] Fort Greene Tenants Sue Landlord as They Get NYC’s Help [The City] Dyker Heights Italian Restaurant Colandrea… Read More > The post Daily Links: State Report Outlines Troubling Path Ahead for Restaurants and Bars appeared first on Brownstoner.

Design 97

Design 97

RIS Media

OCTOBER 2, 2020

If you have not yet retired, you will have an opportunity to decide when to begin collecting Social Security benefits. You may be eager to begin receiving checks as soon as possible, but you may be better off waiting under some circumstances. . How Your Age When You Begin Collecting Benefits Can Affect the Amount You Receive . Full retirement age is the age when you’re eligible to collect full Social Security benefits.

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As-is 109

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

HomeLight

OCTOBER 2, 2020

Mortgages are some of the most complicated loans that you can get, and they include a number of associated fees. While a good lender, mortgage broker, or real estate agent will explain mortgage fees to you before the closing , many borrowers still find themselves surprised at the total cost. Matthew Le Baron , now an agent in Boise, Idaho , with 17 years of experience, remembers when he bought his first home before becoming a real estate agent.

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Mortgages Title Loans VA loan 97

RIS Media

OCTOBER 2, 2020

Trees can make your yard attractive and provide valuable shade. They can also cause serious damage and injuries in some circumstances. Here are some things to consider if you’re thinking about cutting down a tree. Safety. Tree branches can fall on houses and cars, causing serious property damage, severe injuries and even death. If a tree in your yard is diseased or dead, you should cut it down; it poses a safety hazard and could fall in a strong storm.

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Design As-is Closing 108

Brownstoner

OCTOBER 2, 2020

City officials plan to officially kickstart the hotly contested Gowanus neighborhood rezoning process by January 2021 — and they’ll start meeting with local community stakeholders about the proposed land-use changes in the coming weeks, Mayor Bill de Blasio’s housing czar announced Tuesday. “I’m delighted to confirm today, with the support of… Read More > The post City Vows to Start Gowanus Rezoning Process No Later Than January appeared first on Brownstoner.

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Land Development 97

RIS Media

OCTOBER 2, 2020

September is typically the sweet spot for buyers: the summer frenzy is slowing down and competition isn’t as fierce. This year, however, things were different. According to realtor.com®’s September Monthly Housing Trends Report , this fall, homebuyers are typically paying roughly $20,000 more for a home, facing 25 percent more competition than at the start of the year.

Marketing 106

Marketing Mortgages As-is Industrial 106

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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

OCTOBER 2, 2020

realtor.com It doesn’t matter how perfect your home is—if your listing photos don’t stand out, potential buyers won’t come by to take a look. In our series “ Lessons From Listing Photos ,” we dissect the smart updates sellers have made to their homes, and how their listing pictures highlight the home’s best assets. Home buyers everywhere want houses with up-to-date interiors, but there’s probably no place on Earth where trendiness matters more than Los Angeles.

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Renovation Design Construction Agents 96

RIS Media

OCTOBER 2, 2020

If you have an old credit card that you no longer use, you might think that it would make sense to close the account. Under some circumstances, that can actually backfire and hurt your credit score. Factors That Impact Your Credit Score. Credit scores are based on several factors. Algorithms analyze an individual’s history to figure out how likely that person is to fail to repay debts or to make payments late.

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Closing Loans Mortgages As-is 105

Brownstoner

OCTOBER 2, 2020

All in move-in condition with original historic details, this week's open house picks range in price from $2.625 for a brownstone in Bed Stuy to $599,000 for a brick house in New Lots. They are found in Bed Stuy, Windsor Terrace and New Lots. In Bed Stuy, this Neo-Grec brownstone… Read More > The post A Neo-Grec Brownstone and Three More to See This Weekend, Starting at $599K appeared first on Brownstoner.

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Marketing 93

RIS Media

OCTOBER 2, 2020

What: The best recruiting strategies go far beyond cash. When 86 percent of your new agents come from referrals within your brokerage, that’s when you know you’re doing something right. Hear from industry powerhouses Donny Samson, CEO of Samson Properties, and Wendy Forsythe, chief brand officer of Fathom Realty, on how they’ve mastered recruiting to rank among the fastest growing brokerages in the U.S.

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Branding Brokerage Agents Industrial 100

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