Sat.Aug 20, 2022 - Fri.Aug 26, 2022

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Fannie Mae sees dark days ahead for the housing market

Housing Wire

It will get worse for the housing market – and mortgage industry – before it gets better. That’s the takeaway from a group of economists at Fannie Mae who slashed their forecast for 2022 home sales this week. “Housing remains clearly on the downtrend — and has been for several months now — due to the combined effects of outsized home price increases and the significant and rapid run-up in mortgage rates,” Fannie Mae’s Chief Economist Doug Duncan said in a statement.

Marketing 473
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How to Find and Pick Inspectors For Houses

Maximum Exposure Real Estate

What is a Home Inspector? Are you looking to find an outstanding home inspector? Choosing a home inspector is part of the home buying process, a decision that can significantly impact your satisfaction with your future home. A home inspector is a professional engaged in performing the service of assessing a property’s condition. It can […].

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Make Your Home Stand Out with These Budget-Friendly Curb Appeal Ideas

Redfin

We all want visitors and families to feel welcome when they come to our homes. You also want your home’s exterior to look its best when you’re ready to sell. It’s the focal point for any potential buyer, and what they see as they approach the front steps will be their first impression of the house. So whether you are planning on staying in your home for a few more years or are preparing to sell, these budget-friendly curb appeal ideas will make for an eye-catching exterior.

Design 67
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Why You May Want To Start Your Home Search Today

Keeping Current Matters

If you’re thinking about buying a home, you likely have a lot of factors on your mind.

Marketing 252
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

Keeping Current Matters

Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then.

Marketing 233

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Are we in the middle of a housing bubble?

The American Genius for Real Estate

The phrase "housing bubble" is beginning to percolate in some circles, so let's break that down. The post Are we in the middle of a housing bubble? appeared first on The American Genius Real Estate.

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The Cons of an Adjustable Rate Mortgage

Realty Biz

Over the last few years it has been an extreme seller’s market characterized by low inventory and rising home prices. Home sellers have been in the drivers seat. Most homes listed for sale have experienced bidding wars with sales prices ending up far over the asking price. It has been the ultimate nirvana for home sellers. Not so much for home buyers who have seen their dream home become more and more expensive.

Mortgages 114
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New Home Sales Plummet in July

Eye on Housing

New home sales in July fell to their lowest level since January 2016 as the industry grapples with supply chain disruptions that are delaying new home building projects and raising housing costs as mortgage interest rates increased. The U.S. Department of Housing and Urban Development and the U.S. Census Bureau estimated sales of newly built, single-family homes in July at.

Sales 110
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Movement Mortgage acquires brokerage Superior Rate

Housing Wire

South Carolina-based Movement Mortgage has acquired the brokerage Superior Rate Mortgage of New England to expand operations in the region, the company announced Wednesday. The terms of the deal were not disclosed. The acquisition is another step to boost its sales amid shrinking loan origination volumes. The company announced new hires in the sales executive team in early August.

Brokerage 467
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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3 Tips for Buying a Home Today

Keeping Current Matters

If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions.

Marketing 235
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What Does a Real Estate Agent Do For Buyers and Sellers

Maximum Exposure Real Estate

What Does a Real Estate Agent Do All Day Anyway? Lots of people wonder what a real estate agent does on a daily basis. In the real estate business, a real estate agent’s day can be constantly different. Do they sit around all day waiting for the phone to ring? Do they really do anything […]. The post What Does a Real Estate Agent Do For Buyers and Sellers appeared first on Maximum Real Estate Exposure.

Agents 131
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$100 Off Registration for iOi Summit 2022 in Los Angeles

GeekEstate

The annual Innovation, Opportunity & Investment (iOi) Summit brings together over 500+ of the industry’s top tech companies, investors, and REALTOR® members to collaborate, network, and address concerns regarding the future of real estate. At iOi, your tech leader peers join ranks to pool talents and resources and discuss and develop essential PropTech strategies and solutions to revive the industry and drive it forward.

Investor 119
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How will Biden’s student loan relief affect homeownership?

Housing Wire

How will President Biden’s executive action to erase $10,000 in federal student loan debt affect homeownership? While industry watchers don’t expect the debt forgiveness to move the needle in a significant way, it could have a net positive impact on homeownership long term. About 45% of borrowers, or almost 20 million people, would have their student debt fully canceled, according to the White House.

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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Lower Income Home Options Explained

Realty Biz

Low Income Housing Choices. Are you looking for low priced housing options due to having a smaller income? With home prices having skyrocketed across the country over the last few years it has been harder than ever to find affordable housing. It has been a crazy seller’s market characterized by bidding wars with many homes selling over the asking price.

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An Accent on Style: 5 Homes with Eye-Catching Accent Walls

Sotheby's International Real Estate

Whether they use bold colors, intriguing textures, or striking wallpaper, accent walls easily infuse a home with style and create a focal point for attention or art. Fabulous Florida Contemporary. Patricia Mahaney & JB Edwards | Sotheby’s International Realty – Palm Beach Brokerage. Nearly every space of this lofty six-bedroom contemporary residence in Palm Beach Gardens is exceptionally appointed.

Brokerage 114
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Good vibes in Hollywood: Luxury home with energy crystals lists for $24.995M

Fancy Pants Homes

Nestled in the hills above Sunset Strip, an impressive new construction has just hit the market in Los Angeles. Close to the Hollywood Hills , this stunning gated home offers panoramic city and canyon views along with the utmost privacy. Priced at a cool $24.995 million, the plush property offers all the bells and whistles you’d expect in an ultra-luxurious L.A. listing.

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Homepoint cuts rates by 75 bps for low-income borrowers

Housing Wire

Homepoint has launched a new program to reduce rates for borrowers with lower income, the wholesale lender announced Wednesday. The initiative comes after the company reported a loss in the second quarter of 2022 amid a price war, mainly from its wholesale-only rival United Wholesale Mortgage (UWM). . Homepoint is offering a 75 basis point pricing bonus for conforming conventional loans, with no additional cost to borrowers.

Loans 391
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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What is the importance of Real Estate SEO Now

Realty Biz

There are more than 1.9 billion websites currently active on the internet, and if you plan on generating leads and getting yourself known on the internet, you’ll have a lot of other websites to compete with. But how is it even possible to compete with so many other websites, you might ask? It all has to do with the power of real estate SEO. If you don’t use SEO for your real estate agency, you will find that your agency will remain virtually unknown to the masses.

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Video of the Week: An Iconic Estate in San Jose Del Cabo, Mexico

Sotheby's International Real Estate

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ??. San Jose Del Cabo, Mexico | Marco Ehrenberg, Los Cabos Sotheby’s International Realty. Cielito del Mar is an iconic, two-acre estate nestled into the rocks of Chileno Bay Cove. Designed by famed mid-twentieth-century architect Cliff May, it is the last remaining original Chileno Bay home from Baja’s Golden Age.

Design 111
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What is an Exclusive Right to Sell Listing Agreement?

Maximum Exposure Real Estate

You will execute a listing contract when selling your home with a real estate agent. The most common arrangement is an exclusive right to sell listing agreement. What an exclusive right to sell agreement means today is much different than many years ago. When I first entered the real estate industry in the mid-1980s, having […]. The post What is an Exclusive Right to Sell Listing Agreement?

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Will new products stop the bleeding for mortgage lenders? 

Housing Wire

Homepoint is in a tough spot. Like its peers, the wholesale lender’s origination volume has plunged over the past year due to a dearth of refinancings and a sluggish purchase market. But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business.

Mortgages 391
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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

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.

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Multiple Listing Service: What You Need to Know

Realty Biz

Have you heard the term MLS in real estate and wondered what it meant? When you begin the process of either buying or selling a home, you are likely to hear about the multiple listings service. The multiple listing service or MLS is a way for real estate agents to connect buyers and sellers better. As a seller, it lets the world know you’re home is for sale.

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European-style chateau in New Canaan, CT is the epitome of elegance

Fancy Pants Homes

A distinctly elegant European-inspired chateau on Connecticut’s affluent Gold Coast has recently hit the market for $15 million — and we’re here to bask in its beauty. The ivy-clad residence sits on a sprawling 6-acre lot in New Canaan, a Fairfield County town consistently listed as one of the wealthiest towns in the country, appearing in multiple rankings of the nation’s and county’s priciest zip codes.

Design 106
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Luxury Real Estate Headlines: Fourth Week in August 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Yorke, Maine | Anne Erwin Sotheby’s International Realty. Dubbed the Shorehouse, the estate features a pool and pool house, plus ocean views. Custom-Built Coastal Maine Mansion Lists for Nearly $10.5 Million – Mansion Global. A Slanted Home Clad in Charred Wood Asks $2.3M in Upstate New York – Dwell.

Investor 106
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Tomo launches solution for the dreaded appraisal gap

Housing Wire

For the past two years appraisal gap clauses have been de rigueur in many markets , much to the disdain of frustrated homebuyers. Mortgage startup Tomo feels, however, that it has a solution. On Wednesday, the firm launched Tomo Appraisal Coverage. Tomo says its appraisal coverage product protects home buyers from having to bring more cash to the close when appraisals come in low, with the same APR, cash-to-close and monthly payment guaranteed.

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5 Data Proven Ways Agents Can Do 18% More Business

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.