Housing Wire

JULY 13, 2022

Looking at the housing market in the years 2020-2024, one risk i identified early on was that home prices could accelerate more in this period than we saw in the previous expansion if inventory channels broke to all-time lows. I talked about having a 23% price-growth model for the housing market in the years 2020-2024 as a critical marker of balanced growth versus overheating, especially as inventory had been falling for years right into our critical demographic patch.

Sales 540

Sales Mortgages Marketing Construction 540

Eye on Housing

JULY 13, 2022

Consumer prices reached a new 40-year high in June as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the fourth straight month for inflation above an 8% rate and was the largest year-over-year gain since November 1981. Both energy and shelter index recorded their largest annual gains since April 1980 and February.

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Realty Biz

JULY 12, 2022

Before listing a home on the market, staging the property is one of the first steps a seller should take. Effectively staging a home showcases its best features and helps potential buyers imagine themselves making the place their new home. But there’s more to staging your home than putting some of your personal belongings in storage and styling furniture.

Staging 105

Staging Agents Renovation Sales 105

Keeping Current Matters

JULY 12, 2022

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home?

Marketing 230

Marketing 230

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 15, 2022

Wells Fargo ‘s second-quarter earnings reflect the broader challenges mortgage lenders face in such a turbulent market – in just six months, a rapid rise in mortgage rates has eroded consumer demand, shocked capital markets and forced mass industry layoffs. And those fundamental challenges are not going away anytime soon. The third-biggest U.S. mortgage lender by volume on Friday reported a decline in originations, a decrease in gain-on-sale margins and lower revenues from the re-securitiz

Mortgages 441

Mortgages Lending Banks Brokerage 441

McKissock

JULY 10, 2022

How do you determine the investment value of a property? Well, it’s an art. It’s not like valuing a house in which you are going to live. That would be the homeowner value. When estimating a property’s investment value, there are a variety of real estate valuation methods you can use. In this article, we’ll walk through several techniques and discuss the advantages and disadvantages of each.

Finance 130

Finance Investor Principal As-is 130

Keeping Current Matters

JULY 13, 2022

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait?

Marketing 236

Marketing 236

Housing Wire

JULY 15, 2022

Four new mortgage-servicing rights (MSR) offerings for agency loan portfolios valued at some $3.7 billion hit the market as the third quarter of the year kicked off. Alexandria, Virginia-based advisory and brokerage firm Prestwick Mortgage Group , along with its strategic partner, San Diego-based Mortgage Capital Trading (MCT), recently released bid documents for two separate MSR offerings involving loan portfolios valued at $1.85 billion in total.

Mortgages 430

Mortgages Loans Marketing Brokerage 430

GeekEstate

JULY 12, 2022

[Editor’s Note: Geek Estate Offers are special offers for members of the GEM ]. Once again, CREtech is bringing together leaders in the commercial, residential, PropTech, and climate tech industries for two days of speaking engagements, networking opportunities, and industry insights in the incredible New York City. Register if you want to… Get off of zoom and back to in-person networking opportunities with other innovative-driven industry professionals.

Residential 123

Residential Staging Commercial Industrial 123

Brownstoner

JULY 11, 2022

“Why didn’t you come to us first?” and “How much would it take for you to walk away from this building?” The two questions, one for the owner of the Jacob Dangler mansion at 441 Willoughby Avenue in Bed Stuy and one for a developer planning to demolish it, were posed… Read More > The post How Much Would It Take to Walk Away? Locals Ask Developer, Owner of Bed Stuy’s Dangler Mansion appeared first on Brownstoner.

Development 122

Development 122

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Sales

Keeping Current Matters

JULY 14, 2022

With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008.

Marketing 234

Marketing 234

Housing Wire

JULY 13, 2022

In policymakers’ hunt for a scalable, quick solution to the affordability crisis, one model has attracted more attention of late: manufactured housing. Manufactured housing received a prominent shoutout in the Biden administration’s affordable housing plan , which touted the potential role Freddie Mac could play in that market. Now the government-sponsored enterprises are each weighing whether to finance the most deeply affordable segment of the manufactured housing market.

Mortgages 417

Mortgages Loans Finance Land 417

GeekEstate

JULY 14, 2022

[Editor’s note: originally published on GoPropTech.]. Everyone involved in real estate investment has witnessed the explosion in the rental market over the last few years. While real estate investment was a part-time, supplemental source of income for some investors, many have been able to take it full-time, with single-family and multifamily rental properties.

Investor 121

Investor Property Management Renovation Technology 121

BubbleInfo

JULY 13, 2022

Today, there are 160 pending listings between La Jolla and Carlsbad, and 36 sales have closed this month so far – and currently, there are 470 active listings with a median list price of $2,997,000. It means that the July sales will be under 200 for the second month in a row (June’s total is […].

Sales 119

Sales Closing Marketing 119

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

Keeping Current Matters

JULY 11, 2022

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent.

Mortgages 241

Mortgages Marketing 241

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. Sitting in traffic, Tomaszewski wished he could pay an Uber driver to take the photos instead. “When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Toma

Mortgages 417

Mortgages Inspection Loans Agents 417

GeekEstate

JULY 11, 2022

Over the past few years, the real estate industry has undergone tremendous transformations. This has led tenants and buyers to expect more from builders and agents. Also, we can’t overlook the fierce competition in the market where companies are putting their best foot forward to gain an edge over others. Thus, 3D architectural rendering has come to the rescue, helping businesses stand out from their peers and get the attention of their customers at once. 3D rendering has played a dominating rol

Industrial 121

Industrial Agents Investor Design 121

BubbleInfo

JULY 11, 2022

The Big Standoff continued this week. Sellers are confident about their pricing, and refuse to budge much – and buyers are being very patient. There were 55 new NSDCC listings in the last week, and NONE of them have been marked pending yet! Pricing in the higher-end market looks troubling, but it’s mostly due to […].

Marketing 119

Marketing 119

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

Sotheby's International Real Estate

JULY 9, 2022

During the long, sunny days of summer, few things are more enticing than a refreshing dip, swim, or float in a pool. In locales from California to Connecticut, these pools and spas allow for refreshing relaxation in sophisticated settings. Sonoma Stunner. Sonoma, California | Ginger Martin & Matthew Jospeh, Sotheby’s International Realty – St.

Brokerage 119

Brokerage 119

Housing Wire

JULY 15, 2022

One statistic in the Mortgage Bankers Association ’s latest quarterly Mortgage Bankers Performance Report sticks out for all of the wrong reasons. In the first quarter of 2022, the average cost to originate a mortgage for an independent mortgage bank was more than $10,000 per loan, rising for the seventh consecutive quarter and breaking previous report records. .

Mortgages 417

Mortgages Loans Technology Industrial 417

The Mortgage Report

JULY 11, 2022

Rising mortgage rates have put the squeeze on home buyers. Here are nine tips to afford more house at today's rates without saving more cash.

Mortgages 132

Mortgages Closing costs Closing 132

Realty Biz

JULY 15, 2022

In today’s digital world, real estate agents can use social media to build relationships with clients and market their services. While a website is an effective way to showcase your listings and provide information about the home buying and selling process, real estate social media marketing is an even better way to generate leads, close deals, and obtain more real estate social media followers.

Agents 121

Agents Marketing Branding Closing 121

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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

JULY 15, 2022

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Beverly Hills, California | Barry Peele, Sotheby’s International Realty – Beverly Hills Brokerage. A gated Beverly Hills, California, mansion owned by celebrity couple Sofia Vergara and Joe Manganiello came on the market Wednesday asking $19.6 million.

Brokerage 118

Brokerage Residential Investor Land 118

Housing Wire

JULY 15, 2022

Rocket Companies ‘ subsidiary Edison Financial will rebrand as Rocket Mortgage next month in Canada, a market with more than $760 billion (CAD) in mortgage originations annually. Mortgage brokerage Edison Mortgage, which works with more than 50 lenders, reached $1 billion (CAD) in annualized submitted volume in March 2020, according to the firm.

Mortgages 417

Mortgages Brokerage Loans Lending 417

Fancy Pants Homes

JULY 14, 2022

What do JFK, Jackie O., William Randolph Hearst , Beyonce, Francis Ford Coppola, and Whitney Houston have in common, besides incredible fame and fortune? They’re all tied, in one way or another, to the house at 1011 N. Beverly Drive in California. Also known as the Beverly House (or the Godfather house, or the Bodyguard house, take your pick), it’s long been one of the most expensive houses for sale in Beverly Hills, having last been listed in 2018 for $135 million, down from its ambitious initi

Bankruptcy 111

Bankruptcy Sales As-is Investor 111

The American Genius for Real Estate

JULY 10, 2022

An anti-trust lawsuit is scheduled for trial in 2023 that could impact how real estate agents receive compensation, affecting FHA & VA loans. The post Real estate agents brace for the potential demise of FHA & VA loans appeared first on The American Genius Real Estate.

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VA loan Loans Agents FHA loan 111

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

Sotheby's International Real Estate

JULY 11, 2022

To enjoy the most majestic landscapes on earth, you normally have to be willing to live rough for a few days. And the concept of living “off the grid” is certainly picturesque in theory, but cumbersome in practice. But what if there was no need to compromise, and you could have your own sustainable, self-sufficient luxury accommodations situated near priceless natural treasures?

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Housing Wire

JULY 13, 2022

High lumber prices are often blamed for high home prices. I recently saw a $60k home price reduction offered by a builder because “lumber prices have fallen…we are passing that savings to you.” That just doesn’t add up. In a blog post from January 4 , the National Association of Home Builders said that the 167% rise from last summer’s low lumber prices to over $1,000 per thousand board feet (mbf) added only about $18,600 to the cost of a home.

Mortgages 417

Mortgages Loans Title Construction 417

Eye on Housing

JULY 12, 2022

Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows that the rising trend of single-story homes reversed in 2021. The share of single-story homes decreased in 2021 and the share of two or more stories homes started was greater than one story homes. This is in line with recent NAHB analysis of new.

Construction 112

Construction 112

Real Trends

JULY 13, 2022

Being a real estate agent is an exciting and rewarding career that offers incredible flexibility for you and your family. While having the ability to work remotely and choose your hours comes with significant benefits, it also poses challenges. As does today’s new market. Working, at least some of the time, from home requires lots of self-discipline and planning, especially when you have a spouse, partner, or young children who also need your attention.

Agents 111

Agents Brokerage Marketing Property Management 111

Speaker: Jordi Gili, International Speaker, Managing Director at Execus, Professor Geneva Business School

As we kick off 2022, companies are giving more attention to their Digital/Social Sales Programs. While companies are enabling their sales professionals with coaching and a variety of digital tools to connect with potential customers, they're experiencing fluctuating KPIs. The secret to having a successful digital sales program is to have a structured Corporate Digital Selling Initiative that is centered around these four pillars: 1.

Sales