Housing Wire
MARCH 8, 2022
Pink slips will arrive for 3,000 employees of Better.com, the mortgage lender that received a mountain of bad press three months ago when its CEO, Vishal Garg, fired 900 workers via Zoom and chastised their work ethic to remaining employees. . The new round of layoffs reaches 35% of Better.com’s staff and hits workers in the United States and in India, according to a person familiar with the lender’s decision.
Keeping Current Matters
MARCH 8, 2022
If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates.
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Realty Biz
MARCH 8, 2022
From self-driving cars to advanced medical diagnosis, artificial intelligence (AI) has transformed our lives. Even in the entertainment industry, we have already seen preference-based AI algorithms be hugely successful like in Netflix and Amazon. A growing number of real estate companies are already incorporating artificial intelligence into the buying, selling, and mortgage processes to make real estate more efficient.
Sotheby's International Real Estate
MARCH 8, 2022
On the coast of the Pacific Ocean along iconic Highway One, Malibu has earned legendary status among American beach towns, known as it is for its long stretches of sunny sandy beach, surf-friendly waves, and picture-perfect sunsets. High in the bluffs of Malibu’s Paradise Cove Beach, this extraordinary residence on 6.62 acres enjoys 339 feet of private beach frontage and unparalleled panoramas that encompass Palos Verdes, Point Dume, Catalina Island, and the area’s celebrated blue skies.
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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.
Housing Wire
MARCH 7, 2022
Lenders One Cooperative announced on Monday that it has struck a deal to lease retail space in Walmart stores to sell mortgage products and services. The cooperative inked a deal for space at three Walmart locations, but said there are “many more opportunities to come.” Lenders One will be selling purchase, refinance and home equity products at its “store-in-store” branch locations.
Keeping Current Matters
MARCH 10, 2022
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you?
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Sotheby's International Real Estate
MARCH 9, 2022
Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ?. Dubai, United Arab Emirates | Leigh Williamson, LUXHABITAT Sotheby’s International Realty. What started as a true passion project has evolved into a one-of-a-kind, ultra-chic mansion villa. Forged from the genius of Italian architect Frederico Spagnulo, no expense has been spared and no detail has been overlooked in curating this breath-takingly impressive family ho
Housing Wire
MARCH 10, 2022
Mortgage rates have been all over the place lately. They rose this week, reflecting the volatility of the U.S. economy brought by inflation and Russia’s war in Ukraine. The average 30-year-fixed rate mortgage increased to 3.85% for the week ending March 10, up from 3.76% in the previous week, according to the latest Freddie Mac PMMS Mortgage Survey.
Keeping Current Matters
MARCH 9, 2022
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face.
The American Genius for Real Estate
MARCH 8, 2022
(EDITORIAL) It has become predictable that real estate agents will discourage the next generation - here's why it happens and how we can collectively stop this ignorant behavior. The post Quit discouraging the next generation of real estate agents appeared first on The American Genius Real Estate.
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Sotheby's International Real Estate
MARCH 6, 2022
Last time we explores why a luxury rental in New Zealand might be your next real estate investment; now let’s take a closer look at a country with a thriving luxury rental market and hear directly from our local area experts there. The Republic of Croatia is a country that can be found where Southeast and Central Europe meet on the Adriatic Sea. Learn more why this popular destination for tourists may be the destination for your next rental investment.
Housing Wire
MARCH 10, 2022
How much does a typical low-income first-time homebuyer with a Fannie Mae -backed mortgage bring to the closing table? According to Fannie Mae , in a working paper entitled “ Mortgage costs as a share of housing costs—placing the cost of credit in broader context ,” the average low-income, first-time homebuyer has about $28,000 for a down payment.
Keeping Current Matters
MARCH 7, 2022
When you make a move, you want to sell your house for the highest price possible.
HomeLight
MARCH 11, 2022
“Two roads diverged in a wood, and I —. I took the one less traveled by, And that has made all the difference.” ~ Robert Frost, “The Road Not Taken”. While Frost probably wasn’t talking about his search for a new home, this excerpt from the poem “The Road Not Taken” can certainly apply to a home search. While you’ve probably searched for homes on Zillow or maybe even called the number on a “for sale” sign, have you ever scouted haunted houses or scoured DOT listings?
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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.
BubbleInfo
MARCH 9, 2022
Of the NSDCC detached-home sales in February, 60% of them closed above their list price. The majority of buyers are doing it, and we can expect the trend to continue! But how much over?
Housing Wire
MARCH 10, 2022
California-based Guild Mortgage can be added to the growing list of lenders with waning profitability. But Guild’s executives believe the retail lender is well positioned to succeed in a lower-volume environment, whether it’s organically or through acquisitions. The nonbank mortgage lender increased its total originations in 2021, despite a reduction in the fourth quarter.
Sotheby's International Real Estate
MARCH 11, 2022
Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Stockholm, Sweden | Helena Karnsund & Peter Frisell, Sweden Sotheby’s International Realty . This minimalist noir home in Lidingö riffs on barn architecture, with a dramatic black exterior that glows like a lantern at night thanks to large expanses of glazing.
Eye on Housing
MARCH 7, 2022
New NAHB 2022 Priced-Out Estimates showed that 87.5 million households are not able to afford a median priced new home, and that additional 117,932 households would be priced out of the new home market if the price goes up by $1,000. This post presents how interest rates affect the number of households that would be priced out of the new.
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.
Brownstoner
MARCH 9, 2022
Housing prices are once again climbing to record highs in New York City after seeing substantial decreases during the pandemic, and many tenants renewing leases are being left on the hook for enormous increases in rent that they did not foresee when renting their apartment at the height of Covid-19’s… Read More > The post Housing Costs Heading Toward Record Highs After Pandemic Decreases appeared first on Brownstoner.
Housing Wire
MARCH 10, 2022
Nonbank heavyweight loanDepot announced on Thursday an operational restructuring with the creation of a new business division called mello, under the leadership of the digital technology veteran Zeenat Sidi. The California-based lender plans to use mello to boost the development of innovative products and services in a market that has gotten ultra-competitive , with power buyers, real estate brokerage, mortgage lenders and fintechs all vying to create an end-to-end platform.
Maximum Exposure Real Estate
MARCH 7, 2022
What Does Appraisal Gap Mean in Real Estate Many things happen when you buy a new home, and sometimes things don’t go your way. When purchasing with a mortgage, one issue you can have is an appraisal gap. If there this an appraisal gap, you could end up losing your dream home. The simple explanation […]. The post What is an Appraisal Gap Coverage Clause appeared first on Maximum Real Estate Exposure.
Real Trends
MARCH 9, 2022
As we approach the beginning of home-buying season, with many buyers deciding on the purchase of their largest investment yet, title insurance is essential, giving homebuyers peace of mind and confidence that their property rights are protected. The COVID-19 pandemic fundamentally changed the way we view our homes. Practically overnight, our homes became our workplaces, schools and gyms.
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.
BubbleInfo
MARCH 10, 2022
The owner-occupiers are the crazy bidders, not the investors, so this will have no impact on the current frenzy: House flippers could be taxed 25 percent of their profit under the California Speculation Act, a bill introduced by Assemblymember Chris Ward, D-San Diego. Assembly Bill 1771 aims to discourage real estate speculation that Ward said […].
Housing Wire
MARCH 9, 2022
Mortgage applications jumped 8.5% for the week ending March 4, as mortgage rates dropped for the first time in three months as a result of Russia’s war in Ukraine, the Mortgage Bankers Association (MBA) reported on Wednesday. Borrowers’ demand for mortgages increased across the board. The MBA‘s seasonally adjusted refi index rose 8.5% from the previous week, with a larger gain in government refinances.
Brownstoner
MARCH 7, 2022
This is a heart-stopper for old house lovers: an individual landmark by a noted Brooklyn architect positively brimming with intact original details, from delicate plasterwork to vintage bathrooms, which hasn’t been on the market since the 1930s. Known as the Peter P. and Rosa M. Huberty House, the Colonial Revival standalone… Read More > The post Lush With Original Details, Bushwick’s Landmarked Huberty House Hits the Market for $2.7 Million appeared first on Brownstoner.
Sotheby's International Real Estate
MARCH 5, 2022
Few things transform an everyday interior space like carefully chosen wallpaper—whether classically botanical or bold, bright, and modern. Silver Lake Jewel. Los Angeles, California | Simon Beardmore, Sotheby’s International Realty – Brentwood Brokerage. On a quiet hilltop in Silver Lake, this delightful two-bedroom home features charming living and dining rooms and two versatile rooms that serve as office or additional guest spaces.
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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.
BubbleInfo
MARCH 11, 2022
Rising rates may discourage the regular home buyers, but they aren’t the market-makers. All that matters is how many of the desperate-buyers-full-of-cash are left, and with the new listings trickling in, we only need a few! It’s Thursday and thus time once again for Freddie Mac’s weekly mortgage rate survey. An industry standard report dating […].
Housing Wire
MARCH 9, 2022
Mortgage servicing software provider Sagent announced on Wednesday that it has extended its software partnership with Freedom Mortgage for another five years, the latest in a string of deals it has struck with some of America’s largest mortgage servicers. Freedom, the largest FHA and VA lender in America, will continue to use Sagent’s cloud-based technologies, including LoanServ (core servicing), Tempo (default management) and CARE (homeowner management).
Coldwell Banker
MARCH 9, 2022
Latest Coldwell Banker survey to understand the ways Americans view their real estate dreams and what support they value during the selling process. The post Americans Dare to Dream: Coldwell Banker’s Seller Strategy Tackles Today’s Business Challenges appeared first on Coldwell Banker Blue Matter.
RIS Media
MARCH 9, 2022
Real estate farming seems straightforward at first. If you can stay on top of outreach tasks, then you’ll be successful—right? How hard can it be to regularly send postcards and call prospects? The truth is a little more complicated. All the tasks from project management and marketing know-how required to successfully farm a territory can become overwhelming.
Speaker: Ari Capogeannis, Director - Revenue Marketing at NVIDIA and Bill Pappa, Sales and Marketing Leader at Ai Media Group
Building strong personal and professional relationships with clients is a critical success factor. Sales professionals who focus on relationship building generate more leads and raise their brand awareness. Because this can take time, having regular engagements can help you cultivate these relationships more efficiently. The most effective way to accomplish this is through direct hyper-personalized touchpoints.
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