Sat.Jun 25, 2022 - Fri.Jul 01, 2022

article thumbnail

National Homeownership Month: Tales of triumph, yet challenges linger

The American Genius for Real Estate

(HOMEOWNERSHIP) Every June, America celebrates National Homeownership Month. It’s a time to celebrate ownership opportunities, and see where to improve. The post National Homeownership Month: Tales of triumph, yet challenges linger appeared first on The American Genius Real Estate.

102
102
article thumbnail

How to Find Comps for My House: An Illustrated Guide

HomeLight

Once upon a time, the only place you could find property data was the MLS (multiple listing service) , a series of private databases real estate professionals use to share listing information among one another and broker deals. Before contacting a real estate agent, you had no idea how much your house was worth , or how much you could make in a home sale.

MLS 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Guide On How To Sell Your House Fast

Redfin

Selling your home can be stressful, especially if you’re on a time limit or have financial constraints. Whether moving quickly for a new job or personal reasons, you’ll need to get creative with your plans to increase your chances of selling your house fast. The main concern is that having a home on the market longer than a few weeks can indicate to other homebuyers that there may be a problem with the house.

Staging 60
article thumbnail

After implosion, FGMC files for bankruptcy

Housing Wire

Less than a week after laying off hundreds of workers and refusing new mortgage applications, First Guaranty Mortgage Corp. (FGMC) and its affiliate Maverick II Holdings filed for Chapter 11 bankruptcy protection late Wednesday. . “While we have made considerable efforts to address our ongoing financial challenges related to the state of the mortgage market, we ultimately must do what is best for our borrowers and consumers,” Aaron Samples, chief executive officer of FGMC, said in a

article thumbnail

3 Real Estate Office Hacks to Help Kickstart the Busy Season

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.

article thumbnail

Two Reasons Why Today’s Housing Market Isn’t a Bubble

Keeping Current Matters

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story.

Marketing 240

More Trending

article thumbnail

Inside a Greenwich Oasis

Sotheby's International Real Estate

With its vibrant woodlands and meadows, picturesque roads, Long Island Sound coastline, and captivating homes—from charming cottages to grand manors in nearly every architectural style—Greenwich exemplifies the natural and manmade beauty of New England. This refined residence makes the most of its location, enjoying an enviable spot on four secluded acres near a reserve, a preserve, and an alluring lake.

128
128
article thumbnail

How home-price growth has damaged the housing market

Housing Wire

The S&P CoreLogic Case-Shiller Home Price Index just recorded 20.4% year-over-year growth nationally and a record 21.2% growth for its top 20 city composite, and now you know why my most significant concern for housing was home prices overheating , not crashing like people have warned about from 2012-2021. From S&P : The S&P CoreLogic Case-Shiller U.S.

Marketing 450
article thumbnail

If You’re Selling Your House This Summer, Hiring a Pro Is Critical

Keeping Current Matters

It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own.

Marketing 230
article thumbnail

Meet The Real Estate Tech Entrepreneur: Cyril Berdugo from Landis

GeekEstate

In this week’s founder interview, we interviewed Cyril Berdugo from Landis. Without further ado…. Who are you and what do you do? I’m the co-founder and CEO at Landis, a social impact-driven company with a mission to guide renters on their unique path to homeownership. We want to make the journey to owning a home more accessible, transparent and empowering.

article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

article thumbnail

The Squeeze on Buyer-Agents

BubbleInfo

We are witnessing the demise of buyer-agents. The squeeze is coming from several directions, and all are rooted in the fact that there isn’t enough business to go around. Thankfully, half of the realtors are of retirement age, and will drift away naturally. The pending class-action lawsuits will likely de-couple the commissions, and sellers won’t […].

Agents 119
article thumbnail

Freddie Mac to include on-time rent in underwriting

Housing Wire

Freddie Mac announced Wednesday that on-time rental payments will be included in its underwriting system. The government-sponsored enterprise said that it hopes to incentivize “responsible” renters to make a leap into homeownership. According to Freddie, this option will be available starting July 10 and will allow mortgage lenders to submit a borrower’s bank account data that shows a 12-month streak of on-time rent payments to its automated underwriting system.

Banks 404
article thumbnail

A Key Opportunity for Homebuyers

Keeping Current Matters

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years.

Marketing 235
article thumbnail

Apply for Pitch Battle Competition at iOi Summit

GeekEstate

Applications are open for the 2022 iOi Pitch Battle ! The champion will be awarded a prize package that includes $15k, a booth at the 2022 National Association of REALTORS® NXT Event this November, a feature in RISMedia , and the opportunity to meet with the executive team at Second Century Ventures. Each entrant in the Pitch Battle will conduct a live, 4-minute pitch on their product or service, followed by a 4-minute rapid-fire question-and-answer session from a panel of judges.

120
120
article thumbnail

Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

article thumbnail

Consumer Confidence Fall to 16-Month Low Amid Inflation Concerns

Eye on Housing

Consumer confidence dropped again in June as inflation stayed at decades high and continued to temper consumers’ economic outlook, which tumbled to the lowest level in nearly a decade. Though spending intentions for homes, cars, and major appliances held relatively steady, consumer spending will continue to face headwinds from further inflation and rate hikes.

124
124
article thumbnail

US housing market is at a crossroads

Housing Wire

The real estate market is cooling down. Reports released this week by several respected market observers point to less good and increased bad and ugly ahead for the housing market. For some of the good, a U.S. Census Bureau report released late last week spurred a bout of optimism when it revealed that new-home sales jumped by nearly 11% month-over-month in May on a seasonally adjusted basis, after declining by 12% in April.

Marketing 414
article thumbnail

Homeownership Could Be in Reach with Down Payment Assistance Programs

Keeping Current Matters

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey.

226
226
article thumbnail

Imminentness of Mortgage Infrastructure and Customer Adoption

GeekEstate

[Editor’s Note: Below is the full text of our 216th Weekly Transmission, originally delivered direct to the inbox of more than 500 GEM members on June 15th, 2022.]. The 30-year fixed mortgage rate is approaching 6% , no doubt catching the immediate attention of both the millions of US homeowners with mortgages and aspiring homeowners alike. They’re now facing borrowing costs not seen in over a decade.

Mortgages 114
article thumbnail

Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

article thumbnail

Regulation: 40.6 Percent of the Cost of Multifamily Development

Eye on Housing

Recently, the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC) undertook a joint research effort to find out how much government regulation adds to the cost of building new multifamily housing via a survey distributed to multifamily developers. The research finds that an average of 40.6 percent of total development costs can now be attributed.

article thumbnail

How “generation rent” is approaching home buying in 2022

Housing Wire

Millennials and Gen Zs make up the largest cohort of potential homebuyers today, the majority of which are first-time buyers bullish to get a foot on the property ladder. As market volume dips and pent-up demand builds, 61% of millennials and Gen Zs who intend to buy a home plan to apply for a mortgage this year. For years, the dominant market narrative defining these generations has been digital-first experiences and poor financial habits.

article thumbnail

A Closer Look at Machine Gun Kelly’s house in Los Angeles, Bought from Youtuber Logan Paul

Fancy Pants Homes

Congratulations are in order for Colson Baker, better known as Machine Gun Kelly, who has been cruising through major milestones in 2022. After his engagement to actress Megan Fox earlier this year, Kelly shelled out $7.5 million to buy an Encino mansion formerly owned by YouTube star Logan Paul. The 32-year-old musician has chosen the perfect place to make his first LA home purchase.

Design 110
article thumbnail

What Happens When A Buyer Doesn’t Close?

Toronto Realty Blog

TorontoRealtyBlog. Really? Is that where we are in this market? We’re starting to have conversations like this ? Well, not necessarily. I don’t think this conversation is indicative of the overall market, but rather it would be completely irresponsible for me to not discuss it, given we are seeing a handful of deals not closing as scheduled.

Closing 108
article thumbnail

Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

article thumbnail

Luxury Real Estate Headlines: Final Week of June 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Dubai, United Arab Emirates | Leigh Williamson , LUXHABITAT Sotheby’s International Realty. This duplex penthouse with sweeping views of the Dubai skyline and another two levels of outdoor amenities on the roof is atop the 34-story Volante tower on the banks of the Dubai Water Canal.

Banks 108
article thumbnail

Banks report rise in mortgage delinquencies

Housing Wire

Banks reported an increase in foreclosures during the first quarter of 2022, according to a quarterly survey published by the Office of the Comptroller of Currency this week. The survey , which examined servicing metrics provided by seven undisclosed national banks, found that 19,542 new foreclosures were initiated in the first quarter of 2022. The OCC said this marks a jump from the previous quarter, but added the foreclosure volume in the first quarter is comparable to pre-COVID-19 pandemic fo

Banks 382
article thumbnail

Home values are on the rise – What will homes be worth in 2023?

The American Genius for Real Estate

(BIG DATA) The housing market is on fire. Will we continue to see home values increasing over the next 2 years? This prediction poll has the answers. The post Home values are on the rise – What will homes be worth in 2023? appeared first on The American Genius Real Estate.

Marketing 106
article thumbnail

20-Acre Gated Waterfront Estate Near Annapolis is the Pinnacle of Luxury

Fancy Pants Homes

A chateau-style home set within a one-hour drive to the nation’s capital is eyeing a $15.9 million sale — and has all the goods to deliver. The sprawling property is nestled on the banks of the Severn River at 938 Old County Rd — which is only 10 minutes from Annapolis — and comes with 900 feet of waterfront, a 350-foot pier, a majestic main residence, and a 6,000-square-foot guest house.

Banks 105
article thumbnail

5 Data Proven Ways Agents Can Do 18% More Business

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.