Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. Even though the recent existing-home sales data has been outperforming my expectations , the pending home sales data to me looks more in line with my expectations for 2022. From NAR : “Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reported.

Sales 407

Sales Mortgages As-is Marketing 407

Keeping Current Matters

MARCH 1, 2022

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal.

Marketing 228

Marketing 228

Eye on Housing

MARCH 1, 2022

Residential construction loan volume reached a post-Great Recession high during the fourth quarter of 2021, as home building activity posted gains for the year. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions increased 1% during the fourth quarter. The volume of loans increased by $977 million on a quarterly basis.

Residential 89

Residential Construction Loans 89

Sotheby's International Real Estate

MARCH 1, 2022

At first blush, this elegant Tudor-style residence could easily be mistaken for an enchanting Old World manor in the European countryside. Notwithstanding its stateside location in the charming East Bay community of Piedmont—a short drive from San Francisco—it is, in fact, quite grand, offering some 9,928 square feet of generously proportioned living and entertaining spaces replete with ornate traditional details.

Brokerage 136

Brokerage 136

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Agents

Housing Wire

MARCH 4, 2022

Record home prices in recent years have pushed tappable home equity to new heights, increasing the demand for one specific product: cash-out refis. Black Knight data shows that lenders originated $1.2 trillion in cash-out refis in 2021, up 20% compared to the prior year, the highest volume since 2005. Cash-out refis went from 36% to more than 60% of all refis from the beginning of 2021 to the fourth quarter.

Equity 446

Equity Mortgages Loans As-is 446

Keeping Current Matters

MARCH 3, 2022

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022.

Marketing 228

Marketing 228

Fancy Pants Homes

FEBRUARY 28, 2022

Prolific property flipper Ellen DeGeneres just added another striking Montecito mansion to her real estate portfolio. According to Dirt.com , the talk show host spent a whopping $21 million to acquire Villa Tragara, a Moorish-style estate with Spanish and Italianate influences built by TV commercials director Kinka Usher. And if you think that’s a hefty price to pay, know that the villa was initially listed for $35 million.

Commercial 126

Commercial Design Brokerage Sales 126

Housing Wire

MARCH 1, 2022

UWM’s headquarters in Pontiac, Michigan. United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, posted another record for production in 2021, but lower margins and declines in fair value of mortgage servicing rights impacted its earnings. The company reported on Tuesday $1.56 billion in profits in 2021, down 53.6% from the $3.38 billion registered in the previous year, which was the best in the history of the mortgage industry.

Loans 395

Loans Loan Officer Mortgages Closing 395

Keeping Current Matters

MARCH 2, 2022

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market.

Marketing 229

Marketing 229

Maximum Exposure Real Estate

MARCH 3, 2022

Homeowners Tax Deductions to Remember Do you know what is tax deductible when buying a house? Are you looking to find out the tax credits for homeowners? Tax season is an excellent time to be a homeowner. Unlike renters, you get to take advantage of some tax breaks geared towards homeowners – tax benefits that […]. The post Tax Deductions For Homeowners: Breaks and Benefits Explained appeared first on Maximum Real Estate Exposure.

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128

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

The American Genius for Real Estate

FEBRUARY 28, 2022

(HOMEOWNERSHIP) You see the term in the MLS for fixer uppers, you hear it when Realtors are working with first time buyers. But the term "starter home" shouldn't be in anyone's vocabulary. Here's why. The post Why the phrase ‘starter home’ is overrated and overused appeared first on The American Genius Real Estate.

MLS 122

MLS 122

Housing Wire

MARCH 1, 2022

Veev , a California-based homebuilding company, announced raising a $400 million Series D led by BOND , according to a press release shared with FinLedger. The company says it will use the funding to scale its operations, accelerate its research and development and expand construction into new markets. LenX , Zeev Ventures and Fifth Wall also participated in the round, which brings Veev’s total funding to date to $600 million.

Construction 395

Construction Development Inspection Design 395

Brownstoner

MARCH 2, 2022

It reportedly broke the million dollar mark for the neighborhood the last time it sold in 1986 and while it isn't priced to break a record this time, this Brooklyn Heights brownstone still comes with a hefty asking price. In addition to a lavish interior with an elevator, wine cellar… Read More > The post Heights Brownstone With Waterfront Views, Elevator, Rare Garage Asks a Cool $17.777 Million appeared first on Brownstoner.

Marketing 122

Marketing 122

Sotheby's International Real Estate

MARCH 1, 2022

Sotheby’s International Realty today announced the opening of Northland Sotheby’s International Realty, signifying the brand’s continued growth in the state of Minnesota. The addition marks the brand’s fourth affiliated office in the state. Northland Sotheby’s International Realty is owned and operated by Adam and Jacqueline Kalenberg who bring a collective 16 years of experience to the company.

Branding 120

Branding 120

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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

Coldwell Banker

MARCH 3, 2022

Amidst lockdowns and times of uncertainty, many of us looked inward to our homes to provide calming and safe spaces, including our outdoor areas. That’s why, in today’s post, we’re going to be sharing tips on how to create a zen outdoor space, however you like to relax. The post 3 Simple Design Ideas for a Zen Outdoor Space appeared first on Coldwell Banker Blue Matter.

Design 116

Design 116

Housing Wire

MARCH 1, 2022

Many lenders are familiar with digital closings (eClosings), but they might not know just how valuable they can be to their business. In a recent study , Marketwise and Notarize found that digital closings shorten the time it takes to close, reduce errors and increase ROI — all while improving customer experience. Lenders don’t have to offer a full digital close to reap the benefits of eClosings.

Closing 394

Closing Loans Title Technology 394

The Close

MARCH 1, 2022

Consistently generating real estate buyer leads is what sets successful agents apart, especially early in their careers. If you want to climb the success ladder in the real estate industry, you’ve got to deploy strategies that will create a steady stream of buyer clients. We reached out to real estate high-rollers from across the country to get the inside scoop on the best strategies to spark and cultivate relationships with real estate buyers, and here’s what they had to say. 1.

Agents 116

Agents MLS Closing As-is 116

Sotheby's International Real Estate

FEBRUARY 26, 2022

Waking up on the wrong side of the bed is nearly impossible in these dreamy bedrooms, where windows offer vistas of sparkling city skylines, peaceful waters, and majestic mountains. Contemporary California Craftsman. Calabasas, California | Neyshia Go, Sotheby’s International Realty – Beverly Hills Brokerage. On an elevated site off storied Mulholland Drive, this new 8,000-square-foot home combines modern comforts and conveniences with classic Craftsman style.

Brokerage 117

Brokerage 117

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

Eye on Housing

MARCH 2, 2022

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.3% in January after an increase of 2.2% in December 2021. Spending stood at a seasonally adjusted annual rate of $829.4 billion. Total private residential construction spending was 13.4% higher than a year ago. These monthly gains are attributed to the strong growth of spending.

Residential 115

Residential Construction 115

Housing Wire

MARCH 1, 2022

Fannie Mae has appointed Sharifa Anderson to fill the newly created role of senior vice president and chief diversity and inclusion officer. Effective Feb. 28, Anderson, who recently served as the chief diversity and inclusion officer at Federal Home Loan Bank of Pittsburgh , will lead Fannie’s efforts to create positive diversity and inclusion outcomes across the enterprise as well as with the enterprise’s suppliers, business partners, and the people and communities it serves, the government-sp

Banks 393

Banks Finance Industrial Lending 393

Brownstoner

MARCH 1, 2022

The federal Environmental Protection Agency is concerned that the state’s current plans to clean up the heavily contaminated Public Place site are insufficient and would leave behind dangerous chemicals that could present health issues to the surrounding neighborhood, according to a letter obtained by Brooklyn Paper. A February 23 missive from… Read More > The post EPA Letter Warns State Cleanup of Gowanus Green May Leave Contamination Behind appeared first on Brownstoner.

Development 121

Development 121

Sotheby's International Real Estate

MARCH 3, 2022

Playa Del Carmen, Mexico | Sara Plaga, Riviera Maya Sotheby’s International Realty. They say history is written by the victors. So it’s no surprise that today, women are the winners writing the story—or herstory — of the real estate industry. At a time when workplaces and workforces worldwide are still struggling to achieve equal representation and opportunity, real estate provides a powerful example of how an industry can thrive when both men and women get a seat at the table.

Industrial 115

Industrial 115

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

The Close

MARCH 4, 2022

To get you thinking outside the box about lead generation, we curated the best real estate open house ideas from 27 top-producing listing agents from brokerages that include Douglas Elliman, Compass, and more. When it comes to open houses, many agents have already given up. Convinced by some cynical colleague that open houses “don’t work anymore ,” they’ll instead spend thousands on online ads.

Branding 106

Branding Agents Staging As-is 106

Housing Wire

FEBRUARY 28, 2022

The mortgage industry headed into 2022 after a strong showing in back-to-back years. Interest rates were at or near historical lows, home prices showed strong appreciation and market participants set volume and profitability records. 2022 still holds great opportunity for the industry but it also signals a pivot point. Pennymac has long served as one of the mortgage industry’s leading partners.

Technology 390

Technology Loans Loan Officer Branding 390

BubbleInfo

MARCH 4, 2022

The market is heating up fast and early this year! The majority of home buyers paid over the list price in February, and these were decisions mostly made in January: NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% April: 55% May: 54% June: 59% July: 64% August: 55% September: 41% October: 45% November: 48% December: 48% January: 49% February: 60% […].

Closing 105

Closing Sales Marketing 105

Sotheby's International Real Estate

MARCH 4, 2022

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Huntington, New York | John Sinkevich, Daniel Gale Sotheby’s International Realty . This 17th century colonial home complete with green shutters in Long Island has five bedrooms and is on the market for $1.9m. Fantasy home: more pleasure than pain in the 1960s New York suburbs of John Cheever and Don Draper – Financial Times.

Sales 109

Sales Marketing 109

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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

The Mortgage Report

FEBRUARY 28, 2022

Today’s mortgage and refinance rates Average mortgage rates inched higher last Friday. And February has been an outstandingly terrible month for them. But they may catch a break on the […].

Mortgages 105

Mortgages 105

Housing Wire

FEBRUARY 28, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Annapolis, Maryland. Annapolis lies right on the Chesapeake Bay and is within commuting distance to both Baltimore and Washington, D.C.

Marketing 395

Marketing Loan Officer Agents Staging 395

BubbleInfo

MARCH 3, 2022

It’s early, and the final February sales count will probably wind up around 165-170, which is in line with years prior to 2021. However, the pricing is nuts – and related to the number of homes for sale! Year February Listings # of Sales Median List Price Median Sales Price Median DOM 2017 395 172 […].

Sales 105

Sales Marketing 105

Realty Biz

MARCH 2, 2022

James & Lee Realty, a boutique brokerage based in Virginia Beach, has joined forces with Coldwell Banker Premier to better position the firm’s 75 agents for success in an evolving real estate landscape. Coldwell Banker Premier, one of the most successful companies in the 116-year-old Coldwell Banker brand, now has 16 offices and approximately 250 agents serving the Quad-State (VA, WV, MD, and PA) region, Hampton Roads, VA, Sussex and Kent County, DE, and Washington, D.C.

Branding 104

Branding Property Management Principal Residential 104

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