Housing Wire

DECEMBER 8, 2022

HW Media , publisher of HousingWire , RealTrends and Reverse Mortgage Daily , announced today that it has closed on the strategic acquisition of Altos Research , the premier resource for real-time real estate data, providing weekly market statistics, analysis and reporting for 99% of the zip codes in the U.S. HW Media is focused on building a mission-critical resource that enables housing market professionals to make better decisions, stay informed and engaged, and grow their businesses.

Technology 93

Technology Branding Investor Mortgages 93

Keeping Current Matters

DECEMBER 8, 2022

There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out.

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Housing Wire

DECEMBER 8, 2022

Lending standards loosened in November for the first time in nine months as mortgage rates remaining elevated and the housing market slowed further, the Mortgage Bankers Association (MBA) said on Thursday. The MCAI rose by 1.4% to 103.4 in November, according to the MBA. An increase in the MCAI – benchmarked to 100 – indicates that lending standards are loosening while a decrease in the index is indicative of tightening credit.

Lending 433

Lending Mortgages Marketing Loans 433

Maximum Exposure Real Estate

DECEMBER 8, 2022

Disclosure of Haunted Homes, Paranormal, Ghosts, and Murder Do you need to disclose stigmatized properties? A stigmatized property always brings out lively discussions among buyers, sellers, and real estate agents. Whenever Halloween rolls around, it is a perfect time to discuss one of the more ghoulish issues in real estate disclosure laws. Do you need […].

Agents 143

Agents Marketing 143

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Development

Housing Wire

DECEMBER 8, 2022

Appraisal turn times have historically been a pain point in the mortgage process and in boom times, when transaction volumes soar, turn times tend to be one of the first casualties. In 2020 and 2021, for example, some markets saw appraisals take as long as three to six weeks. Now that the market is less frenzied, turn times are improving. Depending on the region, people are able to get appraisals done in under 10 days for the most part, according to Reggora CEO Brian Zitin.

Technology 418

Technology Inspection Industrial Closing 418

Better Dwelling

DECEMBER 8, 2022

Canada’s mortgage stress tests seemed excessive last year, but they were insufficient. The recent Bank of Canada (BoC) rate hike pushed a number of variable rate borrowers above their stress test rate. BMO warns these borrowers haven’t been risk-tested for the current environment. Canadian Mortgage Borrowers Haven’t Been Stress Tested For Rates This High The […].

Banks 138

Banks Mortgages 138

Realty Biz

DECEMBER 8, 2022

Most people need to get help from a lender to buy a home, and applying for a loan can be difficult at times. Getting a mortgage in the current conditions, where interest rates have risen quickly, hasn't made the situation any easier. While it might be more difficult to get a mortgage, it is, of course, still possible, but you might need to prepare more carefully.

Loans 134

Loans Debt-to-income ratio Due diligence Title search 134

Realtor.com

DECEMBER 8, 2022

Photo-Illustration by Realtor.com; Photos: Getty Images (6) Buyers got on a roller coaster in January 2022 and stayed strapped in for the real estate market loops throughout the year. Mortgage rates were low, then soared to a 20-year high of 7.08% before dipping again. Median national list prices rose to a historic $450,000 , and then they, too, began to fall.

Pre-approval 126

Pre-approval New Construction Inspection Construction 126

Eye on Housing

DECEMBER 8, 2022

According to data from the Census Bureau’s Survey of Construction (SOC), custom homes accounted for 17.6 percent of new single-family homes started—down slightly from the 17.8 percent recorded in 2021 and the lowest the annual custom home share has been since the 2005 re-design of the SOC. The custom home market consists of contractor-built and owner-built houses—homes built one at.

Construction 119

Construction Design Marketing 119

GeekEstate

DECEMBER 8, 2022

REACH operates a variety of accelerator programs around the globe, created and operated by Second Century Ventures and backed by NAR. The program offers education, mentorship and exposure for technology companies working to scale their businesses across the U.S. residential and commercial real estate markets and expand into adjacent markets, including insurance, mortgage and financial services.

Commercial 111

Commercial Staging Technology Residential 111

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.

Industrial

HomeLight

DECEMBER 8, 2022

Until recently, the housing market had been heating up at a rapid pace — leading many buyers to find themselves priced out, especially first-timers. If you weren’t able to make a cash offer, offer a large amount over the list price, or waive inspections, you might have grown frustrated. In fact, according to a recent HomeLight survey , many buyers are hoping for a housing market crash in 2023.

Marketing 111

Marketing Equity Loans Agents 111

Realty Biz

DECEMBER 8, 2022

Correctly pricing your home is the most crucial step in your marketing plan. If you overprice your home, no amount of other marketing techniques is likely to bring in reasonable purchase offers. Your home is probably your most prized possession, and you may have made a bunch of improvements to make it uniquely yours. You might think it is close to being the perfect house.

Sales 109

Sales Agents Closing Marketing 109

Real Trends

DECEMBER 8, 2022

It wasn’t that long ago that Austin, Texas was considered the hottest housing market in the country. “I’ve never experienced anything like what we did from the middle of 2020 through March of 2022 and I wasn’t alone. Realtors all over were saying the same thing,” Scott Michaels, a local Compass agent, said. “You just did what you could to keep yourself healthy and sane.”.

Marketing 108

Marketing Agents Days on market As-is 108

Sotheby's International Real Estate

DECEMBER 8, 2022

Theodora Kaufmann – Kuper Sotheby’s International Realty. Throughout history, people have feverishly pursued perpetual youth, health, and beauty—and today, it looks as though we’ve just about caught it. New tools, technologies, formulas, and facilities are offering science-based ways to not only optimize physical and mental performance, but to maintain it for longer.

Technology 106

Technology Design 106

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Brokerage

HomeLight

DECEMBER 8, 2022

When the time comes to move, some tenacious homeowners in Washington State are eager to take over the reins of their home sale and figure out how to sell a house by owner. A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment.

MLS 105

MLS Agents Sales Inspection 105

Brownstoner

DECEMBER 8, 2022

Anyone who walks by the Wyckoff-Bennett House today might wonder if its new investor-owners are purposefully encouraging squatters, thieves, vandalism or demolition by neglect by leaving fences down and not repairing broken windows, missing downspouts and other visible damage. The pre-Revolutionary War house is one of the oldest in Brooklyn… Read More > The post Sold to Developer, Historic Wyckoff-Bennett House Vandalized as Locals Worry About Its Future appeared first on Brownstoner.

Development 98

Development Investor As-is Marketing 98

HomeLight

DECEMBER 8, 2022

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Connecticut flat fee MLS listing companies should not be considered an endorsement. Individual program details can change — please visit a provider’s website for the most current information on rate packages, fees, service areas, and more.

MLS 105

MLS Purchase and sale agreement Agents Sales 105

Brownstoner

DECEMBER 8, 2022

It may not be the cheapest rental out there, but this one-bedroom on the garden level of an 1898 Romanesque Revival townhouse in the Park Slope Historic District has attractive vintage details, modern updates and a shared backyard. The pale brick and stone row house at 522 2nd Street has a… Read More > The post Park Slope Townhouse One-Bedroom With Bay Window, Backyard, Tin Ceiling Asks $3,300 appeared first on Brownstoner.

Marketing 98

Marketing 98

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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.

Agents

HomeLight

DECEMBER 8, 2022

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Modesto area companies in this post do not constitute an endorsement. Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more.

Purchase and sale agreement 105

Purchase and sale agreement Closing costs Closing Sales 105

Brownstoner

DECEMBER 8, 2022

Got a project to propose for The Insider? Contact Cara at caramia447 [at] gmail [dot] com In 2018, when interior designer Jenna Chused of Dumbo-based Chused & Co. decided her family of four should quit their cramped two-bedroom apartment and look in earnest for a permanent home, an elegant grand dame… Read More > The post The Insider: Designer Conjures Gracious European Feel for Her Family’s Fort Greene Townhouse appeared first on Brownstoner.

Design 98

Design Renovation 98

HomeLight

DECEMBER 8, 2022

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Austin, TX flat fee MLS listing companies should not be considered an endorsement. Individual program details can change — please visit a provider’s website for the most current information on rate packages, fees, service areas, and more.

MLS 105

MLS Purchase and sale agreement Agents Sales 105

Brownstoner

DECEMBER 8, 2022

In the News Mayor Adams, Fined For Rats at Bed Stuy Property, Takes on City Hall [NYT] Retracing Walt Whitman’s Steps Through Brooklyn and Manhattan [NYT] Brooklyn Museum's ‘23 Exhibition Schedule Spans Artistic Categories [Eagle] New Businesses Open in Bay Ridge as Nabe Recovers From Pandemic [BP] Meet The Face Behind 5th Avenue’s Colorful Facades… Read More > The post Daily Links: After Murder, Students at DoBro Schools Discuss How to Improve Area Safety appeared first on Brownstoner

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Agents

HomeLight

DECEMBER 8, 2022

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Scottsdale-area “we buy houses” companies should not be considered an endorsement. Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more.

Purchase and sale agreement 98

Purchase and sale agreement Closing costs Closing Earnest money deposit 98

Real Trends

DECEMBER 8, 2022

Zillow Group acquired VRX Media, a real estate marketing company and media services provider, to expand its suite of listing services for agents and brokers, the company announced on Thursday. The acquisition marks Zillow’s 18th acquisition to date. Zillow Group will offer VRX Media’s services — like aerial drone and high-definition photography, virtual staging and 3D tours — through ShowingTime+’s software suite, a brand of Zillow Group providing software and market statistics services.

Branding 96

Branding Staging Agents Technology 96

Bigger Pockets

DECEMBER 8, 2022

We’re going to talk about the economy. I’m not going to make economic predictions here, but I’m going to try to assess where we are (or might be) in this […].

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Realty Biz

DECEMBER 8, 2022

The modern real estate agent is a busy professional with a lot to manage. Keeping up with leads, managing customer information, and collecting data can be difficult without the right tools. Nimble CRM helps you make this more manageable by automating time-consuming tasks and saving you countless hours of work every week. What is Nimble CRM? Nimble CRM is a top-rated CRM solution for real estate agencies.

As-is 85

As-is Agents Sales Closing 85

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Sales

Bigger Pockets

DECEMBER 8, 2022

Retirement planning is something best started early on. The more time you give yourself to invest, the faster your accounts can grow, giving you early financial independence well before the […].

Finance 92

Finance 92

Better Dwelling

DECEMBER 8, 2022

The US real estate industry laughs at your negative outlook—they think things are about to boom. Realtor.com released its 2023 forecast this week, and noted the negative factors building. Their forecast includes higher financing costs, reduced leverage, fewer exist-home sales, and a lot more inventory. However, their forecast bizarrely concludes it will result in higher […].

Industrial 75

Industrial Finance Sales 75

Bigger Pockets

DECEMBER 8, 2022

After Hurricane Ian, Florida real estate took a huge hit. With multiple communities literally underwater and the entirety of Southwest Florida facing pricey home repairs, Florida went from being the […].

Marketing 85

Marketing 85

Realtor.com

DECEMBER 8, 2022

Getty Images Amid the pandemic-era buying frenzy, many first-time homebuyers rushed into purchases to take advantage of then record-low mortgage interest rates and score a sweet deal. We saw buyers waiving contingencies and making offers sight unseen in an effort to beat out the competition. But, as we’ve learned , buying a home without fully vetting it can result in a panoply of problems and, ultimately, buyer’s remorse.

Inspection 75

Inspection Design As-is Mortgages 75

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