Housing Wire

MARCH 24, 2022

The rollercoaster is still climbing. Mortgage rates are approaching 4.5%, a level economists forecasted would not be reached until the tail end of 2022. And there’s good reason to believe mortgage rates will be in the 5% range before too long. According to data from Freddie Mac ‘s PMMS survey, mortgage rates on the traditional 30-year fixed-rate mortgage jumped 26 basis points to 4.42% this week, with increases across all loan types.

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Fixed-rate mortgage Mortgages Banks Loans 462

Keeping Current Matters

MARCH 24, 2022

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house.

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Marketing 257

Eye on Housing

MARCH 22, 2022

Among first-time home buyers, a laundry room ranked as the most popular of the more than 200 home and community features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. The study is based on a nationwide survey of 3,247 recent and prospective home buyers, including 541 who bought, or were about to buy, their first.

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As-is 145

Lighter Side of Real Estate

MARCH 22, 2022

When you’re on the hunt for a house, you’re glued to the Internet, scrolling every listing site you can to make sure you aren’t missing anything. The Internet has certainly made it easier than it used to be to make sure you weren’t missing out on the house of your dreams. But you probably also keep your eyes peeled and ears perked for any word of a listing that may not have been listed on the MLS or any real estate site you browse.

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Agents MLS As-is Marketing 145

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Housing Wire

MARCH 24, 2022

The one-two punch of higher mortgage rates and escalating home prices reduced homebuyers ’ ability to buy homes in February. The trend is also likely to worsen in the coming months. The national median monthly mortgage payment settled in loan applications increased 8.3%, from $1,526 in January to $1,653 in February, according to a survey published Thursday by the Mortgage Bankers Association.

FHA loan 509

FHA loan Fixed-rate mortgage Loan Officer Principal 509

Keeping Current Matters

MARCH 23, 2022

If you’re ready to move up, you may be trying to decide whether you want to buy a home that's already on the market or build a new one.

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Marketing New Construction Construction 235

Realty Biz

MARCH 25, 2022

When you think of Nashville, you generally think of Music City, Broadway, and honkey-tonks. Unless you’ve been paying close attention over the past few years, you probably wouldn’t think of Nashville as one of the top real estate markets in the US. Believe it or not, Nashville experienced the 6th largest increase in median home price out of the top 100 metros over the past year.

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Marketing New Construction Construction Sales 125

Housing Wire

MARCH 25, 2022

Home Mortgage Disclosure Act (HMDA) data, released Thursday by the Consumer Financial Protection Bureau, showed a reshuffle in the top 10 lenders by volume for 2021. According to an analysis of the HMDA data by Polygon Research application HMDAVision, the top 10 lenders by volume are: Rocket Mortgage United Wholesale Mortgage Wells Fargo LoanDepot JPMorgan Chase New Residential Investment Corp.

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Mortgages Lending Banks Residential 427

Keeping Current Matters

MARCH 22, 2022

The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide.

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Sotheby's International Real Estate

MARCH 22, 2022

Tracing its origins to the late 19th century, when it was carved from a Mexican land grant along the slopes of the Santa Monica Mountains, Brentwood remains a sought- after community closely intertwined with the history of Southern California and Hollywood. In this exclusive enclave, architecturally intriguing estates are surrounded by meticulous landscaping, and the lifestyle is laid-back, wholesome, and healthy.

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Land Closing 132

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

Brownstoner

MARCH 24, 2022

In the News Vaccine Clinics Return to NYC Public Schools. Will They Work? [NYT] Greenpoint Neighbors Raise More Than $20K for Ukranian Refugees [BP] One Resident Rescued From Fast-Moving Kensington Fire [BP] NYC 'Waking Up' to Official Start of Cherry Blossom Season [Gothamist] Drinks Flow Again at Ginger’s Bar in Park Slope, a Lesbian Mainstay… Read More > The post Daily Links: Cherry Blossoms Bloom at Brooklyn Botanic Garden appeared first on Brownstoner.

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Housing Wire

MARCH 22, 2022

Nonbanks and mortgage subsidiaries of chartered banks reported grim profitability figures in the fourth quarter of 2021, when costs reached a new high and margins fell to the lowest level since early 2019. And most industry observers think it will only get worse in the next few quarters. . Net gains in Q4 declined to $1,099 on each loan originated, compared to $2,594 in the previous quarter, according to a report published by the Mortgage Bankers Association (MBA) on Thursday.

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Loans Banks Mortgages Lending 427

Keeping Current Matters

MARCH 21, 2022

If you’re a current homeowner, you should know your net worth just got a big boost.

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Equity Marketing 244

Maximum Exposure Real Estate

MARCH 25, 2022

How to Deal With a Real Estate Bidding War Bidding wars on houses are happening all around the country. When real estate markets heavily favor home sellers, bidding wars on homes is not uncommon. In fact, not having a bidding war can be unusual in some circumstances. Wanting to know how to deal with a […]. The post Bidding Wars in Real Estate: How to Handle Multiple Offers on a Home appeared first on Maximum Real Estate Exposure.

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Marketing 120

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Sales

Brownstoner

MARCH 20, 2022

The most popular listings on Brownstoner this week include a rental in Bed Stuy, a landmark in Bushwick and a row house in Bay Ridge. Park Slope was popular this week with other listings scattered from Bay Ridge to Carroll Gardens. The least expensive is the Bed Stuy rental at $5,000… Read More > The post Top 10 Brooklyn Real Estate Listings: A Mansion in Prospect Park South, a Co-op in Park Slope appeared first on Brownstoner.

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Marketing 119

Housing Wire

MARCH 25, 2022

A rule making its way through the New York Senate could significantly shorten the time allotted for a lender to initiate a foreclosure action. This may have ramifications on all lenders operating in the state of New York. A bill, dubbed the Foreclosure Abuse Prevention Act, sponsored by James Sanders Jr. (D) from the 10th Senate District, stipulates that once a lender has initiated a foreclosure action and accelerated the loan, they only have six years to complete a foreclosure.

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Lending Mortgages Loans Closing 407

HomeLight

MARCH 19, 2022

Selling your home may feel overwhelming, but it doesn’t have to be complicated. You can make a great impression with buyers and whip your house into shape, getting your home ready to sell without breaking the bank. By putting in a little effort before you list your home, you can save yourself hours of time and avoid pitfalls down the road. Wondering how to get your house ready to sell?

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Inspection Sales Agents As-is 113

Fancy Pants Homes

MARCH 25, 2022

Grammy Award-winning singer and songwriter Nile Rodgers is ready to part ways with his longtime home in Westport, Connecticut. The legendary musician, whose long list of credits include Sister Sledge’s We Are Family and Get Lucky by Daft Punk has long been living in the waterfront home — which includes a recording studio where music history has been written.

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Industrial Agents As-is 111

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

Brownstoner

MARCH 25, 2022

A developer is seeking to build an affordable housing and commercial hub, including residential towers up to 24 stories tall, at Broadway Junction, a major transit hub in East New York long recognized as blighted and underutilized. But some longtime residents are sounding an alarm at what they see as a… Read More > The post Developer Presents Plans for Broadway Junction Towers During a Virtual Town Hall appeared first on Brownstoner.

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Development Commercial Residential As-is 116

Housing Wire

MARCH 24, 2022

The HousingWire award spotlight series highlights the individuals who have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Marketing Leaders award are now open through Friday, March 25, 2022. Click here to nominate someone you know — it can even be you! Consumer habits and expectations shifted dramatically as the pandemic took hold two years ago, affecting the way every industry approaches its customer experience.

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Technology Industrial As-is Marketing 407

Realty Biz

MARCH 22, 2022

The Appraisal Gap Coverage Guarantee Explained. In the current real estate market, many property buyers choose to finance their purchases. This is due to the mortgage interest rates that are low and have been that way for quite a while. However, with the current market heavily favoring sellers, quite a few buyers who would otherwise be taking out a mortgage are paying cash.

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Purchase and sale agreement Finance Lending Mortgages 110

Fancy Pants Homes

MARCH 25, 2022

Ranked as the most-visited privately owned home in the United States, Graceland attracts 650,000 visitors a year. Rivaling other famous homes such as the Biltmore Estate in North Carolina , Hearst Castle in California and the White House in Washington, D.C., Graceland is a mansion on a 13.8-acre estate in Memphis, Tennessee. . So what’s all the fuss about?

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Commercial As-is Design Land 111

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

Brownstoner

MARCH 22, 2022

This three-bedroom apartment in a storied Brooklyn Heights mansion that starred in a 1970s campy occult thriller comes with a backyard with pond and a sunroom. The unit takes up much of the garden floor of 10 Montague Terrace. Perched on the corner of Remsen Street, right at the entrance… Read More > The post Sprawling Garden Co-op With Sunroom, Pond in Heights Manse on Promenade Asks $3.95 Million appeared first on Brownstoner.

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Housing Wire

MARCH 25, 2022

California-based Pennymac Financial Services will lay off more than two hundred employees in the coming months, according to notices sent to the state’s Employment Development Department on March 7. Pink slips will arrive for 236 employees at six different offices in five California cities, with the expected date of separation on May 6, the Worker Adjustment Retraining Notifications show.

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Lending Principal Loans Banks 383

Eye on Housing

MARCH 21, 2022

NAHB analysis of the Census Bureau’s quarterly tax data shows that $672.5 billion in taxes were paid by property owners in the four quarters ending Q4 2021 (not seasonally adjusted), a 1.0% quarterly increase.[1] Four-quarter property tax revenues declined 0.6% in Q3 2021, the second such decrease since 2012. Property taxes accounted for 36.2% of state and local tax receipts, a 0.8.

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Sales 115

HomeLight

MARCH 22, 2022

With two college-aged children, homeowner Alice Coleman found herself on the brink of becoming an empty-nester in the spring of 2021. Suddenly, her 3,400 square-foot home in Katy, Texas, felt unnecessarily large. And she had the big property tax bills to match. “The taxes were steadily increasing, and that was expected,” says Coleman. “But I’m an educator so, you know, I’m not bringing in a whole lot of money.

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Agents Banks As-is Marketing 111

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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

Sotheby's International Real Estate

MARCH 21, 2022

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Colombo, Sri Lanka | Sri Lanka Sotheby’s International Realty. Located on the coast of Colombo, Sri Lanka, Sapphire Residences is a new luxury development in the heart of the capital city with panoramic views of the Indian Ocean on one side and Beira Lake on the other.

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Development Construction 108

Housing Wire

MARCH 24, 2022

The Federal Housing Administration insured thousands of mortgages in 2020 without the mandatory flood insurance coverage. The potential loss on these loans could amount to $1.5 billion, an audit released this week by the Department of Housing and Urban Development Office of Inspector General found. According to the watchdog, at least 31,500 FHA-insured loans insured did not have the required National Flood Insurance Program coverage.

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Mortgages Loans Development Closing 383

Eye on Housing

MARCH 25, 2022

Much like other home buyers, those buying their first homes rate double sinks and walk-in pantries as the most popular of 30 kitchen features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. In the study, first-time (and other) home buyers rated over 200 home features—including 30 in the kitchen—on the following, four-tier scale (which emphasizes.

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Brownstoner

MARCH 25, 2022

Our picks for open houses to check out this weekend are found in Crown Heights and Bay Ridge. They range in price from $1.299 million to $2.1 million. If you fancy a modern interior and a well-preserved historic exterior, this one comes guilt free. Already stripped before its recent renovation, the… Read More > The post A Bay Ridge House With Stained-Glass Accents and Two More to See, Starting at $1.299 Million appeared first on Brownstoner.

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Renovation Marketing 105

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.

Sales