Keeping Current Matters

JULY 7, 2022

According to a recent survey, more and more Americans are concerned about a possible recession.

Marketing 223

Marketing 223

Realty Biz

JULY 6, 2022

It is not unusual for real estate markets to change. It happens all the time. Quite often real estate markets stay the same for quite a while and then something happens that causes a shift. Sometimes it is the general economy, other times it could be interest rates moving significantly up or down, and possibly the stock market changing drastically. Your probably wondering what are the major signs that the real estate market is changing in your local area.

Home sale contingency 144

Home sale contingency Marketing Inspection contingency Inspection 144

Maximum Exposure Real Estate

JULY 5, 2022

What is an Appraisal? Appraisals and appraisal contingencies are a normal part of most real estate transactions and the home buying process in general. When purchasing a home and getting a mortgage there will often be a real estate appraisal conducted. A home appraisal ensures that you are paying fair market value for a property. […]. The post What is an Appraisal Contingency and Why Should I Care?

Mortgages 104

Mortgages Marketing 104

Housing Wire

JULY 8, 2022

What does it mean to get a positive job report with all the talk about a recession, which ramped up starting in January 2022? Let’s look at the U.S. jobs and economic numbers as five of my six recession red flags are up today. The June data shows that we added another 372,000 jobs as we get closer to the employment numbers before COVID-19. We did have 74,000 negative revisions to the previous reports, however, the internals of this jobs report is the most interesting aspect.

Construction 513

Construction Staging Sales As-is 513

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Agents

Keeping Current Matters

JULY 6, 2022

It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years.

Equity 231

Equity 231

GeekEstate

JULY 6, 2022

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the Geek Estate Mastermind. Today’s showcase: BoomTown]. It’s not easy to respond to every lead, leaving potential valuable relationships and commission dollars to slip through the cracks. An automated response lacks the personal touch many customers appreciate resulting in lost leads anyways.

Agents 117

Agents Sales Marketing 117

Housing Wire

JULY 6, 2022

Non-QM lender Sprout Mortgage is shutting down operations, multiple workers said on Wednesday. The company informed workers of the shut down in a conference call on Wednesday, a former staffer said. Sprout had already instituted several rounds of job cuts in the months leading up to the shutdown, the ex-employee said. The closure of Long Island-based Sprout, headed by industry veteran Michael Strauss, represents the second non-QM mortgage lender to close in recent weeks amid historic volatility.

Mortgages 500

Mortgages Investor Loans Residential 500

Keeping Current Matters

JULY 5, 2022

Defining the American dream is personal, and no one individual will have the same definition as another.

As-is 217

As-is 217

Realty Biz

JULY 7, 2022

Real estate technology will inevitably change the way you run your business. Times have changed and so have the real estate technology tools that agents use to communicate with potential clients, generate leads, and keep their business afloat. No matter if you’re an experienced agent or just starting out, there are apps that can make your life easier as a real estate agent.

Technology 115

Technology Agents Industrial Investor 115

Brownstoner

JULY 7, 2022

Affordable homeownership nonprofit Center for NYC Neighborhoods is piloting an estate planning program as part of a parcel of initiatives intended to reverse declining Black homeownership rates across the city. The Generation 2 Generation program, announced at the end of June, is one of five programs being rolled out by… Read More > The post As Black Homeownership Declines, Estate Planning Program Aims to Reverse Trend in Brooklyn appeared first on Brownstoner.

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As-is Marketing 111

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

Housing Wire

JULY 6, 2022

As recession talk becomes more prevalent, some people are concerned that mortgage credit lending will get much tighter. This typically happens in a recession, however, the notion that credit lending in America will collapse as it did from 2005 to 2008 couldn’t be more incorrect, as we haven’t had a credit boom in the period between 2008-2022. One of the biggest reasons home sales crashed from their peak in 2005 was that the credit available to facilitate that boom in lending simply collaps

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Lending Mortgages Loans As-is 485

Realtor.com

JULY 7, 2022

You signed what seems like hundreds of papers. You’re holding the keys to your new home. The door is open—and now it gets real. Being a homeowner isn’t just a title—it’s also a responsibility, and there are a few new habits you’ll need to develop to keep your home in tip-top shape. Don’t be intimidated, though. The benefit of creating and staying on top of a few key habits means that the work will never feel overwhelming.

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Closing Development Inspection Title 110

Realty Biz

JULY 5, 2022

Real estate investing is the process of acquiring, managing, and developing real estate properties with the intention of generating income. Real estate investors may choose to invest in either residential or commercial properties or both. Real Estate Investor shake hands Pexels.com. There are two main types of real estate investing: active and passive.

Investor 111

Investor Property Management Renovation Commercial 111

BubbleInfo

JULY 7, 2022

Here is a good sampling of the NSDCC pricing decisions made in May (mortgage rates started going up the first of April). The days-on-market are on the left. Days on Market: All 28 found their buyer quickly – only one took as long as ten days! Paid Over List: 21 of 28 paid over the […].

Days on market 105

Days on market Mortgages As-is Marketing 105

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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

Housing Wire

JULY 5, 2022

Home price appreciation, which skyrocketed during the pandemic, is showing signs of slowing, according to a monthly report published by CoreLogic Tuesday. In May, home prices increased by 20.2% year-over-year, the report said. But come next May, the data vendor predicts home price appreciation will dip to 5%. The recent hikes in mortgage interest rates by the Federal Reserve has contributed to the expected cool down of home prices, according to the report.

Mortgages 466

Mortgages Marketing As-is 466

The Mortgage Report

JULY 8, 2022

Today’s mortgage and refinance rates Average mortgage rates rose again yesterday. Of course, they remain way lower than their mid-June highs. But they’re higher than they’ve been in a week, […].

Mortgages 105

Mortgages 105

Realty Biz

JULY 7, 2022

With interest rates and inflation both on the rise, the US housing market has recently taken a hit. In fact, the cost of buying a home jumped more than 20% this April compared to the same month in 2021. It’s no secret that in recent yes, the real estate market has become increasingly more unstable than it usually is. Home prices have fluctuated wildly, and there have been a number of high-profile housing bubbles that have eventually burst, causing economic damage. .

Marketing 109

Marketing Pre-approval Mortgages As-is 109

BubbleInfo

JULY 6, 2022

More review of the latest developments in Leucadia as I cruise by the next Toll Brothers community and take a look at what the planning commission just approved: The 3.79-acre project site, which is just south of the Alila Marea hotel on N. Coast Highway, is proposed to contain 94 apartments, of which 19 will […].

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Development As-is 105

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 7, 2022

Roughly eight in 10 consumers participating in a recent survey are frustrated with the housing market, inflation and the increasingly worsening economy — reflecting record-setting dissatisfaction from respondents of Fannie Mae ‘s Home Purchase Sentiment Index (HPSI). The index, which tracks consumer confidence in the housing market, fell 3.4 points from May to June, dropping to 64.8 — its second-lowest reading in a decade.

Mortgages 453

Mortgages Marketing As-is Sales 453

Fancy Pants Homes

JULY 5, 2022

It’s been a little over five years since the tragic passing of both Carrie Fisher and her mother, Debbie Reynolds, who died within 24 hours of each other. Both A-list actors with thriving careers that spanned decades, the mother-daughter duo were also BFFs and roomies. Carrie Fisher and her mother, actress Debbie Reynolds. Photo credit: Kathy Hutchins / Shutterstock.com.

As-is 105

As-is Closing Marketing 105

Realty Biz

JULY 5, 2022

ERA ® Real Estate , a global franchising leader within the Anywhere SM family of brands, today announced the affiliation of ERA Home 2 Home. The company is based in Nampa, Idaho, and serves the Greater Boise metropolitan area. The full-service company’s affiliated agents work with clients on residential sales, investments, and relocation. The firm was established in 2004 and is led by Joe Newby, who started his career in moving and storage.

Technology 103

Technology Development Branding Residential 103

BubbleInfo

JULY 8, 2022

We keep hearing about price reductions, but it’s a miracle that the list pricing isn’t worse! Consider: We’ve had a strong seller’s market for 10-12 years – would we recognize anything else, let alone know what to do with it? There is no guidance or formula for buyers, sellers, and agents to determine the right […].

Agents 105

Agents Marketing 105

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 7, 2022

Purchase mortgage rates this week continued their recent downward trend, dropping 40 basis points to 5.30%, according to the latest Freddie Mac PMMS Index. A year ago at this time, 30-year fixed rate purchase rates were at 2.90%. The PMMS, a government-sponsored enterprise index, accounts solely for purchase mortgages reported by lenders during the past three days.

Fixed-rate mortgage 458

Fixed-rate mortgage Mortgages Technology Industrial 458

Fancy Pants Homes

JULY 8, 2022

It’s not easy being green! But when it comes to mansions with boo-tiful guests, turning green might be a given. In the Muppets Haunted Mansion Disney+ Halloween special, Gonzo and Pepé face a series of spook-tacular challenges while staying in a haunted mansion for one night. Is it witchful thinking to assume the haunted mansion is real? Gonzo in the Muppets Haunted Mansion.

Pre-approval 105

Pre-approval As-is Design Closing 105

Eye on Housing

JULY 4, 2022

NAHB analysis of the Census Bureau’s quarterly state and local tax data shows that $672.9 billion in taxes were paid by property owners in the four quarters ending Q1 2022 (not seasonally adjusted), a 0.1% quarterly increase.[1] State and local governments collected $1.9 trillion over the same period, the largest amount on record (nominal and real) and 16.0% more than.

Sales 103

Sales 103

BubbleInfo

JULY 6, 2022

Paying over the list price must have some addictive qualities! Either that, or the superior homes are still attracting a lot of attention. Well into the higher-rate environment, more than half of the June buyers paid over the list price! Here is the breakdown by price range: The average and median sales prices have been […].

Sales 105

Sales 105

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Agents

Housing Wire

JULY 8, 2022

Just two days after it abruptly shut down its operations, non-QM lender Sprout Mortgage became the target of a class-action-seeking lawsuit. Two former employees are suing the Long Island-based Sprout, its affiliated company Recovco Mortgage Management LLC and chief executive officer Michael Strauss, alleging they laid off around 100 employees at the New York office on Wednesday without giving legally required written notice and failed to pay their paychecks due the following day.

Mortgages 432

Mortgages Bankruptcy Loans Investor 432

Fancy Pants Homes

JULY 3, 2022

After an extensive renovation brought new life into L.A.’s iconic Villa Carlotta, the 1920s Italianate villa gloriously returned to market in 2018 as its founders intended — in the form of a swanky extended-stay residential with minimum 30-day lodging. Now home to 50 rental units, Villa Carlotta plays on its historic past as a home and haunt for the artistically adventurous, only it now adds significant glam to the mix (and quite a few luxury rental perks).

Renovation 105

Renovation Residential Development Design 105

Eye on Housing

JULY 6, 2022

The construction labor market remains tight, but the total number of open construction sector jobs has likely reached a cyclical peak as economic activity slows in response to tighter financial conditions. The count of open construction jobs was little changed in May, falling from 440,000 in April to 434,000. The April reading remains the highest measure in the history of.

Construction 102

Construction Marketing 102

The Mortgage Report

JULY 5, 2022

Today’s mortgage and refinance rates Markets were closed yesterday for Independence Day. And average mortgage rates fell last Friday, once again significantly. Last week was a seriously good one for […].

Mortgages 101

Mortgages Closing Marketing 101

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