Housing Wire

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. However, they have several more pressing priorities when it comes to what they’re investing in. Out of 200 senior mortgage executives surveyed, who represent 188 lending institutions, 94% think that appraisal modernization efforts will simplify the origination process.

Lending 485

Lending Loans Inspection Mortgages 485

Realty Biz

MAY 25, 2022

Virtual reality is often the subject of lots of science-fiction speculation. Today, VR is often in entertainment news thanks to commercially available products, but these are often seen as little more than expensive toys. Yet more and more evidence is pointing towards how VR may intersect with the real estate industry, and not in decades or years, either.

Technology 118

Technology MLS Commercial Development 118

Keeping Current Matters

MAY 24, 2022

As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall.

Mortgages 171

Mortgages Marketing 171

Sotheby's International Real Estate

MAY 24, 2022

Haute couture icon Gianni Versace was renowned for his use of vivid colors, bold prints, and a general reverence for luxurious classicism. In the 1980s, he expanded his empire to include housewares, furnishings, and textiles and eventually applied his talents to stage designs for operas, ballets, and other productions. Versace employed his skills from all these arenas in the curation of his own home, this grand six-level Baroque Italian palazzo one block from Central Park, which he purchased in

Staging 138

Staging Design 138

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Agents

Housing Wire

MAY 25, 2022

The real estate industry is in the stages of a seismic shift to fully digital experiences. A new generation of digitally native homebuyers and sellers are expecting online experiences , in every type of transaction, and more convenient and seamless ways to find, tour, purchase, and sell homes on their own terms. As a result, there are a growing number of tech-driven companies racing to meet the growing demand.

New Construction 458

New Construction Construction Sales Industrial 458

Eye on Housing

MAY 25, 2022

An expected impact of the virus crisis is a need for more residential space, as people use homes for more purposes including work. According to first quarter 2022 data from the Census Quarterly Starts and Completions by Purpose and Design and NAHB analysis, median single-family square floor area inched down to 2,310 square feet. Average (mean) square footage for new.

Residential 123

Residential Design As-is 123

Sotheby's International Real Estate

MAY 26, 2022

To live in the Berkshires is a privilege. To live in the Berkshires beside a pristine, 33-acre lake on a gated property is a rare gift, reserved only for the phenomenally lucky. Gladys Montgomery – William Pitt Sotheby’s International Realty. Exploring this lakefront compound, it’s clear there are few things more desirable than a home located steps away from a private deck, an exclusive dock, and a stretch of calm water.

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Housing Wire

MAY 26, 2022

Purchase mortgage rates this week averaged 5.10% continuing a decline from last week amid a housing market slowdown, according to the latest Freddie Mac PMMS. A year ago at this time, 30-year fixed rate purchase rates were at 2.95%. The government-sponsored enterprise index accounts solely for purchase mortgages reported by lenders during the past three days.

Mortgages 441

Mortgages Fixed-rate mortgage Banks Loans 441

Eye on Housing

MAY 27, 2022

As National Home Remodeling Month draws to close, Eye on Housing reports on the most common projects undertaken by NAHB Remodelers during the previous calendar year—in this case, 2021. The results come from a special question included in the first quarter 2022 survey for the NAHB/Westlake Royal Remodeling Market Index (RMI). At the top of the list, 81 percent of.

Closing 121

Closing Marketing 121

Keeping Current Matters

MAY 23, 2022

Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial.

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Loans

BubbleInfo

MAY 26, 2022

Economic_Forecast_May_22 We’re going to be hearing for months about how sales are dwindling. It’s mostly due to comparing 2022 stats to last year’s numbers, which were the most frenzied-up numbers ever. But it is also due to it being a market for the affluent now. Look at the chart above. Even though sales are down […].

Sales 119

Sales Marketing 119

Housing Wire

MAY 25, 2022

The Department of Veterans Affairs last week announced it is streamlining the loan approval process for borrowers with a VA-appointed fiduciary and for veteran borrowers who apply for a joint loan. Effective immediately, lenders no longer must send such loan applications to the VA for guaranty approval prior to closing, which should speed up the loan closing process.

Pre-approval 432

Pre-approval Loans VA loan Land 432

Sotheby's International Real Estate

MAY 23, 2022

It seems fitting that many of the most familiar landmarks of the Côte d’Azur were constructed during the Belle Époque (the “beautiful epoch”). Opulent buildings colored white and cream stand as mementoes of a Golden Age of European art and science. . You can find spectacular examples of this in Cannes—like the Hôtel de Ville, completed between 1876 and 1877, as well as this gorgeous manor built just a few years later, in 1880.

Construction 113

Construction 113

Keeping Current Matters

MAY 25, 2022

If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life.

Marketing 226

Marketing 226

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Sales

BubbleInfo

MAY 27, 2022

Their most popular markets are suburban areas that are 30 minutes from the nearest city center? Sounds like Carlsbad/Encinitas! From Zillow: Zillow’s most popular market so far this year is Woodinville, Washington. Burke, Virginia and Highlands Ranch, Colorado round out the top three. Every city in Zillow’s latest 10-most-popular-markets list is a suburban area roughly […].

Marketing 116

Marketing 116

Housing Wire

MAY 25, 2022

Despite a decline in mortgage rates last week, mortgage application volume was down 1.2% on a seasonally adjusted basis for the week ending May 20. The decline, as measured by the Mortgage Bankers Association ’s (MBA’s) Market Composite Index, continued to be led by a drop in the refinance share of mortgage activity, which has been consistent for more than two months. .

Fixed-rate mortgage 431

Fixed-rate mortgage Mortgages VA loan Loans 431

Sotheby's International Real Estate

MAY 27, 2022

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Marrakech, Morocco | David Monterin, Morocco Sotheby’s International Realty . Built at the centre of the Majorelle botanic garden, a one-hectare landscape of exotic plants and cacti, Majorelle’s creative retreat took on an electric hue that contrasted with the so-called ‘ochre city’ within the old walls, moments away.

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Keeping Current Matters

MAY 24, 2022

As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall.

Mortgages 190

Mortgages Marketing 190

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

The Mortgage Report

MAY 21, 2022

Today’s mortgage and refinance rates Average mortgage rates inched higher yesterday. And they hardly moved over the week; they merely ticked up. Yes, all those screaming headlines about market meltdowns […].

Mortgages 112

Mortgages Marketing 112

Housing Wire

MAY 27, 2022

All lenders must explain their rationale when denying credit to loan applicants, the Consumer Financial Protection Bureau affirmed Thursday, after looking into whether companies claiming exemption because they rely on “complex algorithms” were in violation of federal anti-discrimination law. The requirement also applies to mortgage lenders, legal experts say.

Lending 421

Lending Principal Technology Mortgages 421

Real Trends

MAY 25, 2022

Top performing Mesa, Arizona-based Impact Real Estate Team is making the leap from Keller Williams to eXp Realty. The team of roughly 50 agents was the No. 16 ranked mega team in Arizona in 2021, according to RealTrends data , recording nearly $64 million in sales volume. Matt Chick and Jeremy Fuhst are Impact Real Estate’s team leaders and founders.

Brokerage 111

Brokerage MLS Agents As-is 111

HomeLight

MAY 23, 2022

Shimmering pool water in your backyard would make any buyer fall in love with your home. Or would it? Even if you already have a swimming pool, do buyers want to happily splash or immediately dash from the responsibility of it? Figuring out the real value of a pool is important if you want your next home sale to go swimmingly. Our research and experts can help you determine the true value of a pool.

Renovation 109

Renovation Agents As-is Sales 109

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

Brownstoner

MAY 25, 2022

The scaffolding is down, the new windows are in, the extension is complete and the bricks are bright. It’s almost time for Powerhouse Arts to take over its new location at Gowanus’ famed Batcave. The years-in-the-making transformation of the 118-year-old coal-burning MTA powerhouse has been closely followed by the local community… Read More > The post Long Blighted, Newly Revamped Batcave Gets Ready for Debut as Gowanus Arts Center appeared first on Brownstoner.

Closing 105

Closing As-is Development 105

Housing Wire

MAY 27, 2022

Donna Corley, head of the single-family division at Freddie Mac , is stepping down from her post at the government-sponsored enterprise. Corley will stay on until Nov. 25 as executive vice president and special advisor, reporting to Michael Hutchins, president of Freddie Mac. Hutchins will take over active management responsibilities for the single-family division until the company finds a replacement for Corley.

Finance 421

Finance Technology Mortgages Industrial 421

BubbleInfo

MAY 23, 2022

The overshoot part of the frenzy is unavoidable. The pricing of the new listings was calculated on sold comps from when the frenzy was hotter and sellers were getting big pops over the list prices. Back then, you didn’t have to spruce ’em up as much, you got away with sloppy pricing, and the listing […].

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As-is 105

HomeLight

MAY 23, 2022

If you’re one of more than 5 million people approaching or passed retiring age looking to buy or sell a home this year, you may be wondering how to choose the right real estate agent with experience working with more mature homeowners making a move. Among the 25+ designations that Realtors® can earn to increase their “skills, proficiency, and knowledge” in niche specialties, is there one that focuses on working with seniors?

Agents 109

Agents Staging Design As-is 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

Brownstoner

MAY 22, 2022

The most popular listings on Brownstoner this week include a row house in Crown Heights, a brownstone in Carroll Gardens and a standalone in Kensington. Carroll Gardens and Crown Heights were popular again this week, with other listings dotted around the borough and even into the Bronx. The least expensive on… Read More > The post Top 10 Brooklyn Real Estate Listings: A Row House in Fort Greene, a Brownstone in Brooklyn Heights appeared first on Brownstoner.

Marketing 105

Marketing 105

Housing Wire

MAY 26, 2022

A Florida-based loan officer faces more than 30 years in federal prison if convicted on charges alleging she falsified divorce papers and child support payment information to help unqualified borrowers secure a loan, according to a Department of Justice indictment. Evelisse Hernandez is charged with four counts of bank fraud and four counts of aggravated identity theft.

Loan Officer 410

Loan Officer Loans Banks Mortgages 410

Eye on Housing

MAY 26, 2022

According to NAHB analysis of quarterly Census data, the count of multifamily, for-sale housing starts increased during the first quarter of 2022. At 11,000 units started, this was the best quarter for condo construction since the third quarter of 2008. As a result, the market share of rental units of multifamily construction starts decreased to 91% during the first quarter.

Construction 105

Construction Marketing Sales 105

BubbleInfo

MAY 25, 2022

While the pandemic and world war are raging, the stock market is diving into bear territory, and all media is burying the real estate market, I put two listings on the open market for four days and get three offers on each and sell them both for over list at a time when people are […].

Marketing 105

Marketing 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