Keeping Current Matters

JULY 21, 2022

Over the last two years, the rate of home prices appreciated at a dramatic pace.

Marketing 257

Marketing 257

Real Trends

JULY 21, 2022

The cooling housing market is offering some much needed relief to frustrated homebuyers. In June, 49.9% of offers written by Redfin agents faced competition on a seasonally-adjusted basis, down from 57.3% in May and 65% a year ago, according to a new report from the brokerage. This was the fifth consecutive month of declines in the bidding war rate.

Brokerage 103

Brokerage Agents Mortgages Marketing 103

The American Genius for Real Estate

JULY 19, 2022

TikTok has been dominating the social media sector since the pandemic, and studies show it officially beat out YouTube for total time spent. The post Ignore TikTok to your own peril – new data says your next clients are there appeared first on The American Genius Real Estate.

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Marketing 119

Housing Wire

JULY 20, 2022

The savagely unhealthy housing market is continuing as we get closer to August. But, there is one bright spot — inventory is rising. We still have the unhealthy dynamics of noticeable sales declines, but prices are still growing year over year. This has been a concern of mine after the summer of 2020 as inventory levels were breaking all-time lows, facilitating unhealthy home price growth during a more prominent demographic patch in U.S. history.

Sales 506

Sales Mortgages As-is Marketing 506

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Agents

Keeping Current Matters

JULY 19, 2022

If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey.

Pre-approval 253

Pre-approval 253

Brownstoner

JULY 21, 2022

Well, that was fast. After pausing for a Department of Buildings inspection this morning, workers got the go-ahead to reenter the site and resume demolition at 1 p.m. [link]. By 4 p.m., the excavator was back at work chomping on the brick. Demolition often takes two or three days. Not this… Read More > The post Bed Stuy’s Beloved Dangler Mansion Is Gone (Video) appeared first on Brownstoner.

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Inspection Development 145

Housing Wire

JULY 18, 2022

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. HUD officials earlier this year said cuts to borrower fees depended on the number of borrowers behind on their payments. But during a Thursday press briefing, HUD officials said they are weighing “budgetary implications, tradeoffs within appropriations process and FHA’s role in the broader housing system,” when considering cuts to mor

Industrial 433

Industrial Mortgages Development Loans 433

Keeping Current Matters

JULY 18, 2022

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market.

Marketing 233

Marketing New Construction Construction 233

Lighter Side of Real Estate

JULY 20, 2022

There’s a never-ending loop of real estate shows you can watch on TV nowadays. It doesn’t matter what time of day it is, you’re bound to find one on. But be careful: the minute you get sucked into one , you may find yourself sucked into the next the way they phase out of one episode into the next! You can go from watching one agent helping a couple buy their first home on a shoe-string budget, to another helping a family who just won the lottery buying a home bigger than they ever hoped for in t

Agents 138

Agents Pre-approval Renovation Closing 138

Realty Biz

JULY 17, 2022

Kick-Out Clause vs. Home Sale Contingency. Depending on the type of real estate market you are likely to see different clauses added to a real estate contract. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. The way the real estate market has performed over the last few years, sellers have been presented with multiple offers on a significant percentage of prope

Home sale contingency 135

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 135

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Loans

Housing Wire

JULY 22, 2022

Women are not only dominating in the mortgage and real estate industry, but also they are making room at the table for a new generation of women to do the same. To help fuel this growth for future and current women, HousingWire is thrilled to have Marcia Davies, a HousingWire Women of Influence and the founder of mPower — an organization that helps women in the real estate finance industry expand their reach — at the Women of Influence Forum.

Lending 419

Lending Staging Industrial Development 419

Keeping Current Matters

JULY 20, 2022

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up.

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225

Sotheby's International Real Estate

JULY 21, 2022

Being close to nature is both a pleasure and a privilege. At a time when environmental protection, ecological stewardship, and sustainable living are top-of-mind for so many, perhaps the most covetable lifestyle of all is one that embraces the earth and its wonders. It’s this type of lifestyle that sets the affluent, radiant Crystal Cove village apart from the rest of Newport Beach on the coast of California.

Design 131

Design Closing 131

Brownstoner

JULY 21, 2022

The clock has run out on efforts to save Bed Stuy’s Jacob Dangler mansion: The New York City Department of Buildings issued a permit for full demolition of the building Tuesday. Video posted on Instagram by neighbors Wednesday shows demolition of the 1890s structure has started. Just over a week… Read More > The post Workers Tear Into Bed Stuy’s Beloved Dangler Mansion After Landmarks Fails to Act appeared first on Brownstoner.

Development 131

Development 131

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Sales

Housing Wire

JULY 19, 2022

Miami-based fintech Milo has closed $10 million in cryptocurrency mortgages since unveiling the product earlier this year, the company announced early Tuesday. The lender’s 30-year crypto mortgage is designed to make it easy for investors to use their digital holdings to acquire homes in the U.S. Through the crypto-lending program, Milo allows borrowers to pledge cryptocurrency through regulated custodians — crypto platforms such as Coinbase or Gemini — and thereby finance as much as 100 percent

Mortgages 423

Mortgages Loans Lending Investor 423

GeekEstate

JULY 20, 2022

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the Geek Estate Mastermind. Today’s showcase: Collabra]. A provider of digital marketing technology and services, Collabra offers a suite of products to help agents automate marketing materials and reach more buyers for each and every listing. Marketing assets in multiple media formats is particularly difficult for agents and teams handling multiple listings at a time so enlisting a marketing automation to

Marketing 125

Marketing MLS Technology Agents 125

Lighter Side of Real Estate

JULY 20, 2022

If you’ve been thinking about selling your house, you’ve probably heard that the market’s cooling off, or “resetting” (as Federal Reserve Chairman, Jerome Powell, recently put it.) So you might be wondering if that means you won’t be able to get as much money for your house as your neighbors did a few weeks back. On the other hand, there are still reports that house prices are still rising, like in this realtor.com article , which makes you wonder if you could actually get more money than they d

Marketing 121

Marketing As-is Sales Closing 121

Brownstoner

JULY 20, 2022

The stoops and sidewalks of Bed Stuy will once again be art-filled with the return of the annual STooPS Art Crawl, which brings locals out to share their skills and connect with neighbors. Begun in 2013, the one-day event encourages the hosting of performances and display of art in yards,… Read More > The post Enjoy Creativity and Community With the Return of the Annual Bed Stuy STooPS Art Crawl appeared first on Brownstoner.

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129

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

Housing Wire

JULY 19, 2022

Adjusting to today’s market can be dizzying after the last few years of historically low interest rates and high refinance business. However, the lenders and loan officers who will be most successful in the second half of 2022 will be those who pivot quickly, understanding both the nuances of the market and the best strategies to help solve problems for today’s homeowners, homebuyers, homesellers, Realtors and financial advisors.

Industrial 409

Industrial Mortgages Loan Officer Technology 409

Fancy Pants Homes

JULY 20, 2022

Since Robert Kiyosaki’s book, Rich Dad, Poor Dad was first released in 1997, it has become a financial bible to people worldwide. Readers claim that the #1 New York Times bestseller has transformed their vision of money, changed their perception of wealth, and helped them realize their dreams of achieving financial freedom. For the uninitiated, the book is all about the importance of financial literacy, building wealth through assets, starting businesses, and investing in real estate.

Marketing 119

Marketing 119

Eye on Housing

JULY 20, 2022

As rising mortgage rates and higher home prices weighed on housing affordability, existing home sales declined for five consecutive months, according to the National Association of Realtors (NAR). The trend in home price appreciation continued albeit at a slower rate as supply finally showed sign of improvement. The median existing home prices in June continued to surpass $400,000, the highest.

Sales 115

Sales Mortgages 115

Brownstoner

JULY 22, 2022

There were tears on Willoughby Avenue Thursday night as a crowd gathered to watch the demolition of Bed Stuy’s beloved Jacob Dangler mansion. "I'm sad, I'm hurt," longtime Willoughby Avenue resident Michael Williams told Brownstoner. Williams wasn't alone; others described the day as gut wrenching, demoralizing, deflating -- and many were… Read More > The post Bed Stuy’s Jacob Dangler Mansion Demolished in Hours.

Development 116

Development 116

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

Housing Wire

JULY 22, 2022

Guaranteed Rate is looking to diversify its product mix amid the mortgage downturn. The mortgage lender has rolled out its first personal loan product. Customers can apply for personal loans in 10 minutes and receive funds between $4,000 and $50,000 within hours, the firm said Tuesday. The unsecured loan, which doesn’t have origination fees, late fees, nor non-sufficient funds fees, has flexible repayment options from one to five years, according to Guaranteed Rate.

Mortgages 391

Mortgages Loans Lending Finance 391

Sotheby's International Real Estate

JULY 18, 2022

For any avid traveler, the ultimate question is “where to next?” The opportunity to venture to unfamiliar locales never gets old, and should never be taken for granted. Any time you pack a bag and set out for a change of place, pace, and scenery is a chance to broaden your horizons and nourish your being. When you realize you could happily live somewhere, or visit and vacation there regularly—then perhaps it’s worth considering acquiring a property.

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Realty Biz

JULY 19, 2022

This article might be premature because across most of the country home sales continue happening rapidly. However, ATTOM (real estate data) released comprehensive foreclosure data for the first quarter of 2022 showing a total of 78,271 U.S. properties with a foreclosure filing. The trend is up 39% from the previous quarter and up 132% from a year ago.

Purchase and sale agreement 109

Purchase and sale agreement Short sale Loans Inspection 109

Eye on Housing

JULY 18, 2022

The prices of goods used in residential construction climbed 1.5% in June (not seasonally adjusted) even as softwood lumber prices fell 23%, according to the latest Producer Price Index (PPI) report. Prices have surged 41.7% since January 2020. Building materials (i.e., goods inputs to residential construction, less energy) prices have increased 4.8%, year-to-date, and are 12.2% higher than they were.

Construction 105

Construction Residential 105

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Agents

Housing Wire

JULY 21, 2022

Recent pleadings filed in the bankruptcy case of First Guaranty Mortgage Corp. (FGMC) show the lender left its warehouse lenders holding the bag for a mound of debt. FGMC and its affiliate, Maverick II Holdings LLC , on June 30 filed to reorganize under Chapter 11 bankruptcy protection. Pleadings filed in the case — now pending in U.S. Bankruptcy Court in Delaware — show the lender owes more than $400 million to four warehouse lenders, which include Customers Bank, Flagstar Bank, Texas Capital B

Bankruptcy 393

Bankruptcy Banks Pre-approval Principal 393

Sotheby's International Real Estate

JULY 19, 2022

Named for a legendary Medieval Spanish knight, West Palm Beach’s El Cid enclave lives up to its bold moniker. El Cid is peppered with homes featuring 1920s Moorish-influenced architecture—including barrel-tiled roofs and ironwork railings—and streets with names like Granada and Valencia that radiate elegantly from Flagler Drive, which winds along the broad Intracoastal Waterway.

Brokerage 111

Brokerage 111

Realty Biz

JULY 20, 2022

Real estate industry investment platform Fundrise has announced a new, $1 billion fund as part of its bid to expand into the technology space. The new “innovation fund” , as it’s called, aims to make real estate technology investments easier and more affordable for all U.S. residents. Anyone who lives in the U.S. can invest in the fund, Fundrise said, at the cost of a 1.85% flat management fee.

Technology 109

Technology Staging Equity Investor 109

BubbleInfo

JULY 22, 2022

SB 1105 has already passed in the state senate, and is being debated in the assembly. According to C.A.R., it will ‘grant vast, unchecked, taxing and bonding authority to an unelected Housing Agency Board in San Diego which would consist of 6 appointed representatives’ Huh? Anything that resembles a property tax is supposed to be […].

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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