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.

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Sales Mortgages Construction Marketing 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.

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Staging Renovation Agents As-is 103

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 237

Marketing 237

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Agents

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 430

Mortgages Lending Banks Brokerage 430

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.

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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 244

Marketing 244

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.

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Marketing Loans Mortgages Brokerage 421

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.

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Staging Commercial Residential Technology 122

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.

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Development 122

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

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 241

Marketing 241

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.

Brokerage 408

Brokerage Mortgages Banks Lending 408

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

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Industrial Design Investor Technology 119

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 […].

Closing 119

Closing Sales Marketing 119

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Sales

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 245

Mortgages Marketing 245

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

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Inspection Technology Loans Mortgages 410

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.

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Mortgages Closing costs Closing 132

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: 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

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.

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Brokerage 114

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.

Title 408

Title Mortgages Construction Finance 408

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

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Bankruptcy As-is Land Sales 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: 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

Eye on Housing

JULY 14, 2022

The NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter of 2022 posted a reading of 77, declining 10 points from the second quarter of 2021. This is the largest year-over-year decrease since the survey was redesigned in Q1 2020. The RMI is based on a survey that asks remodelers to rate various aspects of the residential remodeling market.

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Marketing Residential 109

Housing Wire

JULY 15, 2022

In today’s fast-paced real estate market, results and creative problem solving are the name of the game, which are two keys areas that Nick Bailey, president and CEO of RE/MAX , is more than skilled at. This is why HousingWire is honored to include Bailey in the list of speakers for HW Annual 2022. Attendees can find Bailey on the stage Tuesday morning , October 4th.

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Staging Industrial Technology Closing 397

Fancy Pants Homes

JULY 13, 2022

Remember those early 2000s flicks, 28 Days and 28 Days Later ?… Well, that’s precisely how long it took for Christian Bale’s house in the 2019 movie Ford v Ferrari to find its newest owner. Basically, this house got to the finish line in record time — pun intended — and it’s easy to see why. Located on Meridian Street in L.A., this otherwise unassuming house was listed roughly a month ago by Compass’ Ryan Sypek and Tristan Fong , with an asking price of $1,250,000.

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Land Design Sales As-is 110

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.

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Land Residential Brokerage Design 106

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Agents

Lighter Side of Real Estate

JULY 13, 2022

Many headlines would have you believe that bidding wars and houses selling for over the asking price are a thing of the distant past. But it was only a few weeks ago that buyers wouldn’t have dreamed of finding a house where that wasn’t the situation. There have certainly been signs of the market softening a bit in favor of buyers, but bidding wars are still a thing, as well as houses fetching offers over asking price—even if it isn’t happening on every listing.

Inspection 106

Inspection Banks Sales Mortgages 106

Housing Wire

JULY 14, 2022

JPMorgan Chase leaders Thursday provided a glimpse of what’s to come as mortgage lenders begin sharing performance data for the second quarter – and it’s not pretty. Opening the earnings season, the bank reported double digit declines in originations, margins compressions and revenues in a free-fall, demonstrating how higher mortgage rates, the result of the Federal Reserve ‘s tightening monetary policy, are hurting originators.

Mortgages 397

Mortgages Banks Lending As-is 397

Maximum Exposure Real Estate

JULY 14, 2022

What to Know About Selling Hoarder Houses Do you need to sell a hoarder’s house? The term “hoarding house” or “hoarders house” is foreign to many people. Some people learn about hoarding homes from television and others discover them because they find out a relative or friend has this affliction. Hoarding disorder is a mental […].

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As-is Marketing 106

BubbleInfo

JULY 15, 2022

The latest Zillow 1-Year Forecasted Values are still expecting a fairly strong appreciation rate over the next year. In May, they were guessing +19% or more in all areas, so this looks like a soft landing: NW Carlsbad, 92008: SE Carlsbad, 92009: NE Carlsbad, 92010: SW Carlsbad, 92011: Carmel Valley, 92130: Del Mar, 92014: Encinitas, […].

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Land 105

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