Housing Wire

DECEMBER 7, 2022

Industry analysts say they expect loan volume to remain depressed for at least the next two quarters, meaning it will be a long winter for loan originators. The recent declines in mortgage rates brought a glimmer of hope that borrowers might be developing more of a stomach for home loans. But even with the drop in rates to the mid-6s, the market is still nowhere near ‘normal,’ and consequently, industry experts predict a long, cold winter for loan officers. “We are going into t

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Keeping Current Matters

DECEMBER 7, 2022

There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today.

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Marketing 254

Housing Wire

DECEMBER 7, 2022

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front of us, we can say they have stabilized the market. Purchase application data came out on Wednesday and the week-to-week data was down 3%, breaking the streak of four straight weeks of growth.

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Mortgages Marketing Staging As-is 544

Maximum Exposure Real Estate

DECEMBER 7, 2022

When you are buying or selling a home, it is common to encounter complications – unexpected or unpreventable circumstances that can stall the sale. Complications are especially common when the buyer is getting financing for the house, as the loan process brings in a whole additional organization, the lender, that must be accommodated and must […].

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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.

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Housing Wire

DECEMBER 7, 2022

The Consumer Financial Protection Bureau stated on Tuesday that it will be lenient when enforcing changes made in the 2020 Home Mortgage Disclosure Act Final Rule on the closed-end loan reporting threshold. On September 23, 2020, the U.S. District Court for the District of Columbia issued an order vacating the 2020 HMDA Final Rule, changing the reporting data on closed-end mortgage loans to 25 from 100 in each of the two preceding years going back to the threshold set in 2015.

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Maximum Exposure Real Estate

DECEMBER 7, 2022

What is an Escrow Holdback? There are few situations more exciting than closing on your new home. You and your family are eagerly awaiting the moment when you can sign the paperwork and take possession of your new residence, a place where you can finally rest easy and enjoy all the benefits of ownership. But […]. The post What is an Escrow Holdback Agreement appeared first on Maximum Real Estate Exposure.

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Closing Marketing 123

Eye on Housing

DECEMBER 7, 2022

The Census Bureau’s latest Survey of Construction (SOC) shows modest changes in the share of number of bedrooms for new single-family homes in 2021 compared with the previous year. The current estimates indicate the share of new single-family homes with 2 bedrooms or less is 9.2%, 3 bedrooms, the largest share, had a share of 44.5%, 4 bedrooms make up.

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Construction 122

Coldwell Banker

DECEMBER 7, 2022

Follow this two-month checklist to keep your move on track. The post Two-Month Moving Checklist appeared first on Coldwell Banker Blue Matter.

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Bigger Pockets

DECEMBER 7, 2022

A recent report from Zillow highlights the U.S. affordability crisis creatively. Rather than just focusing on the rapid price growth in rents across the country over the past couple of years, the […].

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The Close

DECEMBER 7, 2022

Believe it or not, 2023 is just around the corner and it’s time to start thinking about how you will market your business in the new year. One of the most fun marketing tools to market your business year-round is real estate calendar magnets. We rounded up some of the coolest real estate magnet calendars out there to help you find just the right one for your business.

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Design Marketing Branding As-is 105

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

Fancy Pants Homes

DECEMBER 7, 2022

A charming two-bedroom home in Long Beach, Calif. has now reached the end of a three-year revamp and is ready to embark on new adventures alongside its newest residents. The Blanco Bungalow, an Instagram-famous Spanish bungalow that oozes style and comfort — thanks to the relentless work of its former designer owner, Laura Genevieve — has recently sold for $1,010,000.

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Design Renovation Sales As-is 105

Realtor.com

DECEMBER 7, 2022

Stewart Sutton/iStock If your closet is full of cashmere, wool, cotton, and other natural-fiber clothing, they are at risk of becoming a delicious meal for critters called closet moths. They’re nothing to take lightly; left unchecked, these destructors can go from gnawing holes in sweaters to destroying your bedding and furniture. In order to salvage your belongings, you’ll need to know how to get rid of closet moths, pronto.

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Closing As-is 105

Lighter Side of Real Estate

DECEMBER 7, 2022

A lot of prospective buyers aren’t feeling like now is a great time to buy real estate and are either hoping for a major crash, or a huge price correction. Only time will tell if either of those will happen to the extent some buyers are hoping for, but while they’re waiting it out, it might be the perfect time for real estate investors to get themselves a deal on a rental property.

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Better Dwelling

DECEMBER 7, 2022

Canadian real estate showed some encouraging signs last month, but don’t be fooled. RBC Economics wrote to clients breaking down major markets that have reported November sales. Canada’s largest bank warned that the market is still firmly in correction mode, with just a few exceptions. Despite minor signs of firming, they see real estate markets […].

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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.

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Brownstoner

DECEMBER 7, 2022

In the News Why the Owners of the Nets Are Funding Brooklyn Tech Startups [NYT] TikTok Influencers Struggle to Rent in NYC Despite Six-Figure Incomes [NYP] Frank James Claimed He Was Passenger, Not Shooter, in Subway Attack [NYDN] ‘King of New York’: Art Installation Honors Biggie at Foot of Brooklyn Bridge [BP] Prospect Park's Magnolia… Read More > The post Daily Links: Nets Owners Back Brooklyn BIPOC Tech Leaders With $6 Million Investment appeared first on Brownstoner.

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Dwell Real Estate

DECEMBER 7, 2022

Brittney Spears sells her penthouse residence for $2 million. It was listed by Destin real estate experts - Corcoran Reverie. The pop queen sold the three-bedroom, three-bath property that she bought for $920,000 in 2001. In 2015 a fan asked Brittney's sister, Jamie Lynn what her favorite vacation spot was and she tweted "We have a condo in Destin, Florida, and it's the best getaway!".

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Brownstoner

DECEMBER 7, 2022

A wood railing, rotted away from its stoop, lies sprawled on the ground, once pristine latticework has vanished and bits of graffiti are scattered across white clapboard. Walks past the four early 19th century houses on Duffield Street in Downtown Brooklyn have shown a gradual deterioration of details as the… Read More > The post The Deteriorating Details of the Empty Little Landmarks of Downtown Brooklyn appeared first on Brownstoner.

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Marketing 98

Realty Biz

DECEMBER 7, 2022

If you find what looks like damage to your roof, you will probably be concerned. You don’t want the rain entering your home and doing untold damage. But wait a moment, before you start planning for a roof replacement, is the issue really that serious? Replacement roofing can be expensive. Even if the roof has some noticeable problems, it might not need to be replaced just yet.

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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

Brownstoner

DECEMBER 7, 2022

This early 20th century Prospect Lefferts Gardens limestone has had a renovation that updated the main kitchen and added a second one to the garden level while leaving some of the period details in the house intact. Located in the Prospect Lefferts Gardens Historic District at 181 Fenimore… Read More > The post PLG Limestone With Pier Mirror, Mantel, Renovated Kitchen Asks $2.2 Million appeared first on Brownstoner.

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Renovation Marketing 98

Point2Homes

DECEMBER 7, 2022

Renting your own place is often the first step on the real estate ladder. And, like with many first steps in life, mistakes can be made all too easily. With that in mind, let’s look over nine common mistakes renters make so that you can avoid them! 1. Only Budgeting for the Rent. Anyone planning to rent would do well to draw up a budget first. But as a renter, there are many more expenses besides rent.

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As-is Marketing 98

Toronto Realty Blog

DECEMBER 7, 2022

TorontoRealtyBlog. I’ve been working in the Toronto real estate market for nearly two decades, and the market, the industry, and real estate in general have been called many things. But if there’s one word that’s never been used to describe the market, it would be this one: boring. I was writing my eNewsletter on Tuesday morning, trying to find the words to describe this fall market.

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RISMedia

DECEMBER 7, 2022

By Hannah Whittenly Whether you need a simple installation or a full-scale repair, your electrical wiring is important. You want someone with the training and skill needed to wire your home just right. Whether they're a certified electrician or a company, you want the right person to take care of it. At the same time, […]. The post 4 Tips to Choosing the Right Electrician appeared first on RISMedia's Housecall.

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Industrial 93

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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.

Agents

Realtor.com

DECEMBER 7, 2022

Getty Images The wintertime brings lazy days indoors, holiday hosting, and—you guessed it—freezing temperatures. One of the most important home maintenance tasks you can do ahead of the winter season is to make sure your heating system is in tiptop shape. And here’s the (sometimes) painful truth: It’s something that most homeowners assume is functioning correctly until it goes on the fritz.

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BubbleInfo

DECEMBER 7, 2022

Only 12% of the houses sold last month actually closed over their list price, which sounds normal. There were 51 of the 115 of the sales (44%) that closed for $100,000+ BELOW their last list price. The count of 51 broke down to 17 of 19 sales over $3,000,000, and 34 of 96 sales under […].

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Closing Sales Marketing 91

Realtor.com

DECEMBER 7, 2022

Realtor.com One of the finest examples of a Lustron home we’ve ever seen is now up for grabs in Ohio. This relatively unassuming gray house in North Olmsted was once a cool blue hue. No matter the color, the residence is part of American history. “Lustron homes were a post-World War II concept, funded by the federal government to a private company that had mastered a finish that was a baked porcelain enamel over steel,” explains listing agent Roger Scheve , with Re/Max.

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Construction Design As-is Agents 90

BubbleInfo

DECEMBER 7, 2022

Guesses of the percentage change in the 2023 national home pricing from today’s free WSJ article: NAR: +1.2% NAHB: +0.7% Fannie Mae: -1.5% Goldman Sachs: -7.5% Ivy Zelman: -12% (peak-to-trough in late 2024) John Burns: -20% (peak-to-trough in late 2024) KPMG: -20% The article doesn’t cover any new ground because nobody wants to commit to […].

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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

Realty Biz

DECEMBER 7, 2022

Moving from one house to another is not an easy task. It is even less so, when you find yourself in a position when you need to act fast. Here are a few things to keep in mind, if you ever find yourself in such a position, so that you don't end up leaving things behind, forgetting to change your address or being left completely tired, after it is all said and done.

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As-is Marketing 88

Realtor.com

DECEMBER 7, 2022

Getty Images / Realtor.com TV personality Ryan Seacrest has sold his gorgeous mansion in Beverly Hills, CA , for $51 million. While that surely is a large chunk of change, it’s still $34 million less than the $85 million Seacrest sought in 2020. The seven-bedroom estate was relisted in February for $69,950,000. The price dropped to $61,995,000 in May, then to $59,500,000 in September.

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Realty Biz

DECEMBER 7, 2022

s. In recent years, there has been an increase in the number of lifestyle communities popping up across the country. These communities are designed to appeal to home buyers of all ages, with a focus on amenities and activities that promote a healthy, active lifestyle. From younger buyers looking for a place to raise their families to retirees looking for a maintenance-free lifestyle, these communities, such as the new homes community in Argyle, TX , have something to offer everyone.

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Bigger Pockets

DECEMBER 7, 2022

Finding financial freedom is hard enough, but doing so right after going through a toxic divorce can seem almost impossible. All of a sudden, you’ve gone from a two-income household […].

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