Housing Wire
AUGUST 12, 2022
Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. The offering, dubbed FNMA 2022-RPL4, represents the agency’s 27th sale of reperforming loans since the inaugural offering in October 2016, which involved a pool of 3,600 reperforming loans valued at about $806 million.
Fancy Pants Homes
AUGUST 12, 2022
An 8-story Hollywood Hills home with eclectic interiors and a party-ready setup is looking for its newest fun-loving owners. With a unique set of amenities — that include a two-story nightclub, a games room with casino tables, and a grotto with a jacuzzi — the house looks like it jumped right out of an MTV Cribs episode. Known as the “House of Sin”, the Los Angeles party palace was previously owned by photographer Richard Franklin, who photographed celebrities and more th
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Housing Wire
AUGUST 12, 2022
Add Impac Mortgage Holdings to the list of mortgage lenders that posted a loss in the second quarter of 2022, despite an effort to reduce expenses. In the most challenging mortgage market in well over a decade, executives at Impac have opted to pull back on non-QM products , which represent most of the company’s originations. It resulted in Impac bringing in less than $500,000 in revenue between April and June.
The American Genius for Real Estate
AUGUST 12, 2022
The late Maya Angelou was known to have said, “I’ve learned that you can tell a lot about a person by the way (s)he handles these three things: a rainy day, lost luggage, and tangled Christmas tree lights.” How does this apply to failed real estate transactions? Let me enlighten you… I believe that this […]. The post 6 important lessons I’ve learned from failed transactions appeared first on The American Genius Real Estate.
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Housing Wire
AUGUST 12, 2022
This week’s HW+ member spotlight features Tom O’Donoghue, owner at Reverse Loans Now. O’Donoghue has been in mortgage banking for more than 30 years and has been helping and committed to working with Senior Citizens for the last seven years. HW Media: What is your current favorite HW+ article and why? Tom O’Donoghue: How inflation could be a net benefit for reverse mortgages by Chris Clow.
Marco Santarelli
AUGUST 12, 2022
Is now a good time to sell a home? It's a topic that many potential house sellers are pondering, especially following last year's rapid increase in home values. It might be tempting to delay the sale for an additional year or two but the majority of real estate experts think yes, this is a good time to sell your house. There are several causes for this, including persistent buyer demand and a lack of available homes.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Trends
AUGUST 12, 2022
As homebuyer demand slows, potential sellers are becoming more hesitant about listing their homes. During the four-week period ending on August 7, the number of new listings fell 12% year over year, according to a report published by Redfin on Thursday. This is the steepest decline in new listings since June 2020. Observers attribute the decline in new listings to sellers’ awareness of diminishing housing demand, as well as their trepidation of obtaining a new mortgage in this rising mortgage ra
Lab Coat Agents
AUGUST 12, 2022
Real estate videography is an art that has come to life in the modern world. It is a combination of video and photography, with a focus on capturing the best possible footage of properties for sale. We researched a variety of different companies to get an idea of how much you should expect to pay for a real estate videographer. So, How Much Does Real Estate Videography Cost?
Sotheby's International Real Estate
AUGUST 12, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Serena Boardman | Sotheby’s International Realty – East Side Manhattan Brokerage. “As a decorator, our townhouse is like my laboratory,” muses Brandolini of her home of nearly 30 years. Interior Designer Muriel Brandolini’s Wonderfully Eclectic Longtime Townhouse – Cottages & Gardens.
Toronto Realty Blog
AUGUST 12, 2022
TorontoRealtyBlog. Who calls me on the office line, really? I swear, any time I’m paged overhead, “David Fleming, line 101 please,” I feel like I’m about to be pitched on elevator advertising or search engine optimization. My phone rang the other day just as I was about to head out for coffee, so a colleague sat in my office and listened to the entire conversation.
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.
HomeLight
AUGUST 12, 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 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.
Realty Biz
AUGUST 12, 2022
As a real estate agent, you may wonder if having your own app is worth the investment. After all, most people already use their smartphones to find information about homes for sale. So what’s the point? In a competitive market, finding ways to set yourself apart from the competition is important. A real estate app allows you to showcase your listings and services in a unique way that potential clients can access any time.
BubbleInfo
AUGUST 12, 2022
For home buyers, it’s hard to tell if you are on red alert hunting for houses, or sitting on the sidelines because it feels the same. Either way, there aren’t many homes to consider – you can go weeks without seeing anything worth a look – so it’s hard to keep your chops up. Then […].
Realty Biz
AUGUST 12, 2022
Mortgage rates last week rebounded, having dropped towards the end of July. As a result, mortgage demand was split, with refinancing applications moving higher while homebuyer applications fell, according to the latest data from the Mortgage Bankers Association. “Close up of Mortgage Refinance Application Form with pen, calculator, writing hand” The data shows that the average contract interest rate for a 30-year fixed-rate mortgage with a conforming loan balance rose to 5.47% last w
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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.
Brownstoner
AUGUST 12, 2022
Our picks for open houses to check out this weekend are found in Crown Heights and Bed Stuy. They range in price from $1.9 million to $2.25 million. There are only a handful of photos for this circa 1909 Renaissance Revival-style limestone in the Crown Heights North Historic District, but there… Read More > The post A Crown Heights Limestone and Two Others to See This Weekend, Starting at $1.9 Million appeared first on Brownstoner.
The American Genius for Real Estate
AUGUST 12, 2022
Did you know that attention spans have now diminished to only eight seconds!? How can you break through the noise in such a short period? We all know that visual elements are key to catching the eye of distracted consumers in this media-saturated age. The average length of attention span has decreased over the past […]. The post 3 key ingredients to maximize your visual marketing success appeared first on The American Genius Real Estate.
Brownstoner
AUGUST 12, 2022
In the News Seeking a Sturdy Starter Apartment in Brooklyn: Which Did She Choose? [NYT] How New York City Lost 63 Miles of Pedestrian-Friendly ‘Open Streets’ [NYT] East River Ferry’s Return to Greenpoint ‘Imminent:’ Pier Owners [Greenpointers] Meet Bushwick’s Newest Home for Quirky Goods [BK Reader] MTA to Get $116 Million for Battery Electric Buses:… Read More > The post Daily Links: With Hermès’ Move to ‘Burg, Longtime Locals Reflect on Neighborhood Commodification appear
The American Genius for Real Estate
AUGUST 12, 2022
There has been lots of advice recently about Realtor safety, but what about the home seller’s safety? This area seems a little scant on advice, as a profession we probably owe more consideration to the sellers who pays for the food on our table. The appropriate moment to discuss safety with your new client is […]. The post The safety of Realtors is top of mind, but what about clients?
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.
Mashvisor
AUGUST 12, 2022
If you’ve been considering using your rental property as a short-term rental, you must be wondering, “How much can I rent my house for on Airbnb?
Brownstoner
AUGUST 12, 2022
After a city survey reported widespread support for the Willoughby Avenue Open Street, Brooklyn Community Board 2’s Transportation Committee voted on Tuesday to adopt a position in favor of the street -- but only if the city’s transportation department makes some tweaks. “I think, basically, we live in a community where… Read More > The post CB2 Votes in Favor of Willoughby Avenue Open Street Provided DOT Makes Some Tweaks appeared first on Brownstoner.
Mashvisor
AUGUST 12, 2022
Rental estimate tools make us better investors. Learn how you can be a better investor with this estimate tool and how to get the best out of it.
HomeLight
AUGUST 12, 2022
Looking to sell a house “as is” in Illinois? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. “The first thing that’s important to distinguish is whether ‘as is’ comes from the seller or the buyer,” explains Monica Bullington , a top agent in Bloomington-Normal, Illinois, who works with over 85% more single-family homes than the average area agent.
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.
Mashvisor
AUGUST 12, 2022
The following article will help vacation property investors who are looking for lucrative Airbnb investment opportunities.
Fancy Pants Homes
AUGUST 12, 2022
When it comes to drama, The Real Housewives of Beverly Hills could write the book. Whether it’s friendship feuds, plastic surgery woes, marital breakdowns, legal issues, or anything in between, the ladies of 90210 are just as infamous as their zip code. Currently in its twelfth season, RHOBH features the entire cast from the previous season, with Diana Jenkins joining this time around.
HomeLight
AUGUST 12, 2022
Life can sometimes throw you a curveball and you suddenly need to sell your home quickly – like yesterday. Your mind starts to swirl with visions of moving boxes in search of a plan. But you’re not sure how or where to start. Fortunately, we have researched the options and interviewed Doug Gardiner who is a high-performing real estate agent from Frederick , Maryland, and found 14 proven tips to help you sell your home quickly for the best results.
Real Trends
AUGUST 12, 2022
As mortgage rates and home prices have continued to rise, housing affordability has worsened. During the second quarter of 2022, 42.8% of new and existing homes sold were affordable to families earning the U.S. median income of $90,000, according to the National Association of Home Builders (NAHB)/ Wells Fargo Housing Opportunity Index (HOI) published on Thursday.
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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.
Realty Biz
AUGUST 12, 2022
If you’re new to home buying or you’re looking to expand your real estate portfolio, you’re on the right track. Millionaires still agree that real estate is still the best investment around. However, with uncertain economic times, investors are always wary about making bold moves. Fortunately, with the Inflation Reduction Act expected to pass, our times may be a little more certain.
Keeping Current Matters
AUGUST 12, 2022
Some Highlights. Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures like the last time.
HomeLight
AUGUST 12, 2022
Looking to sell a house “as is” in California? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. “Fear of the unknown is the main reason clients want to sell their property ‘as is,’” says top-performing real estate agent Rich Hernandez of Oxnard, California.
Eye on Housing
AUGUST 12, 2022
Over the first six months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 567,798. On a year-over-year (YoY) basis, this is a 3.6% decline over the June 2021 level of 589,146. Year-to-date ending in June, single-family permits declined in all four regions. The South posted a small decline 0.8% while the Northeast region reported the.
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.
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