Sat.May 14, 2022 - Fri.May 20, 2022

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Do Solar Panels Increase Property Value? Does it Add Green to Go Green?

HomeLight

As a homeowner, you love the idea of green energy , and installing solar panels to help the environment. And if you can save money by adding some green to your wallet, that’s even better! In order to understand if your initial investment will make financial sense, you need to know more about solar panels and how they could add value to your home. To shine some light on the subject, we’ve researched and interviewed experts who know all about solar panels.

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What Are Comps in Real Estate

Realty Biz

When you are looking to sell your home, it is essential to have a fair and accurate price. Overpricing leads to failure. Under pricing leads to money left on the table. On the other hand, when you’re buying a home, the last thing you want to do is overpay. This is where “comps” come into play. Real Estate comps are comparable properties that have recently sold in your general area.

Sales 145
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Applications for new homes dropped 14% in April

Housing Wire

Skyrocketing mortgage rates and a slowdown in new home constructions led to a drop in home purchases in April. Mortgage applications for new home purchases dropped 10.6% in April from the same period last year, according to the Mortgage Bankers Association builder application survey. Compared with last month, applications dropped by 14%. . MBA estimates that about 701,000 new homes were sold in April at a seasonally adjusted annual rate, marking a decline for five consecutive months.

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If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

Keeping Current Matters

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.

Marketing 230
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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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Gains for Custom Home Building

Eye on Housing

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building posted a year-over-years gain for the first quarter of 2022. There were 46,000 total custom building starts during the first quarter of the year. This marks a 28% increase from the first quarter of 2021. Over the last four quarters, custom housing.

Design 139
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Inside a French Norman–Inspired Manor in Connecticut

Sotheby's International Real Estate

The award-winning firm of VanderHorn Architects in Greenwich, Connecticut, prides itself on designing homes inspired by the rich stylistic traditions of the past. That creative vision is crystal clear at this French Norman–style manor set near the banks of the far reaches of Greenwich Cove in Riverside. With its grand proportions, steep hipped rooflines, and ivy-draped stone walls, it would be equally at home in the countryside of France.

Banks 133

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Why Rising Mortgage Rates Push Buyers off the Fence

Keeping Current Matters

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you.

Mortgages 221
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Housing starts stagnate, market conditions are rapidly shifting

The American Genius for Real Estate

Housing starts for April stagnated, marking the second consecutive months of declines, and more renters being left out of this shifting market. The post Housing starts stagnate, market conditions are rapidly shifting appeared first on The American Genius Real Estate.

Marketing 111
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Fabulous and Functional: 5 Home Offices That Inspire Productivity

Sotheby's International Real Estate

For the busy professional, having a home office can be non-negotiable. These studious, aesthetically pleasing spaces in homes from East Coast to West boast designs that balance elegance and efficiency. Upper East Side Sophistication. Robert E. Doernberg, Sotheby’s International Realty – East Side Manhattan Brokerage. High above Lenox Hill, this six-bedroom duplex condominium is flooded with light and revels in stunning skyline, East River, and Central Park views.

Brokerage 125
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Purchase mortgage rates drop to 5.25% as demand wanes

Housing Wire

Purchase mortgage rates this week averaged 5.25%, down five basis points from a week ago , as some individuals put the American homeownership dream on standby due to higher rates and surging home prices, according to the latest Freddie Mac PMMS. This time a year ago, the 30-year fixed-rate purchase rates were at 3%, the report shows. The government-sponsored enterprise (GSE) index accounts for just purchase mortgages reported by lenders during the past three days.

Mortgages 465
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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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How Homeownership Can Bring You Joy

Keeping Current Matters

If you're trying to decide whether to rent or buy a home, you're probably weighing a few different factors.

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Everything You Need to Know about Belvedere Castle in Central Park

Fancy Pants Homes

As it turns out, you don’t have to travel all the way to Germany or France to see a veritable castle — there are some very beautiful castles in the New York area as well. In fact, there’s a magnificent castle nestled in one of the busiest and most well-known parks in the world. New York City’s Central Park, the most visited urban park in the United States, which attracts over 40 million visitors each year, has its own castle.

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Significant Sales: March 2022 Highlights

Sotheby's International Real Estate

From a US$26.9M sale in Newport Coast, California to a JPY ¥800m sale in Nagano, Japan, here are five of the most notable sales from March 2022 represented by the Sotheby’s International Realty® global network. Newport Coast, California. John Cain | Pacific Sotheby’s International Realty, $26,995,000. Pebble Beach, California. Canning Properties Group | Sotheby’s International Realty – Carmel Brokerage, $18,500,000.

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The housing industry will soon be up in ARMs

Housing Wire

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. That’s the consensus forecast of a panel of non-agency industry experts who spoke at the Mortgage Bankers Association ’s (MBA’s) Secondary and Capital Markets Conference & Expo in New York City this week. .

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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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The One Thing Every Homeowner Needs To Know About a Recession

Keeping Current Matters

A recession does not equal a housing crisis.

Marketing 255
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Everyday Tools and Software Realtors Need to Use

Realty Biz

Real estate professionals lead busy lives, so finding better and more efficient ways to do everything you do on a daily basis is always important. Without a doubt, some of the best methods for injecting lots of more organization and effectiveness into how you do business involve leveraging many of the great software tools that are available today that are ideal for that purpose.

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Luxury Real Estate Headlines: Third Week in May 2022

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Malibu, California | Eric Lavey, Sotheby’s International Realty – Beverly Hills Brokerage. The dreamy three-bedroom property is a perfect beach spot, painted bright white both inside and out. Emma Stone Is Listing Her Malibu Midcentury Modern Ranch for $4.3 Million – Architectural Digest. 6 elegant homes in Vermont – The Week.

Brokerage 107
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Layoffs, again: Fairway is the latest lender to trim workforce

Housing Wire

Madison-based Fairway Independent Mortgage Corp. appears to be the latest mortgage lender to cut jobs due to the challenging origination market, showing that surging mortgage rates and home prices are now affecting companies with a high share of purchase loans in their portfolios. Fairway staff across the country received phone calls last week from their supervisors announcing they were part of a round of layoffs, a dozen former employees told HousingWire over the last few days.

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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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The best real world marketing examples from truly successful companies

The American Genius for Real Estate

(MARKETING) Harry Dry has created an approachable resource on marketing, with articles covering subjects from titles, to SEO, and even video games. The post The best real world marketing examples from truly successful companies appeared first on The American Genius Real Estate.

Marketing 106
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Inventory Watch

BubbleInfo

Everyone complained that we had no inventory… well, we have more now! But the 286 active listings today is still well under the 349 actives that we had last year at this time, and more listings should cause more sales. We’ll see if the slight pause in the market can be attributed to the usual graduation-season […].

Sales 105
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Bob Hope’s Sprawling Toluca Lake Estate is Back on the Market Asking $29M

Fancy Pants Homes

Billionaire Ron Burkle seems to have changed his mind about his ambitions plans for Bob Hope’s estate in Toluca Lake. When the investor / architecture buff bought the property back in 2018, he was looking to restore it and build four to six other homes on the sprawling 5-acre property, Mansion Global reported at the time. And restore he did. But he decided to leave the rest of the plans in the hands of the estate’s future owners, listing the property for sale with a whopping $29 mill

Marketing 105
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Forbearance rate drops below 1%, lowest level since June 2020

Housing Wire

Servicers’ forbearance portfolio volume dropped in April to a level below 1%, with fewer than half a million borrowers remaining with an active plan, according to the monthly Loan Monitoring Survey conducted by the Mortgage Bankers Association (MBA). That’s good news after the economic impacts of the Covid-19 pandemic hit borrowers hard, making it difficult for Americans to pay their mortgages.

Loans 416
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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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Mortgage and refinance rates today, May 19, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates barely moved yesterday. In some ways, that was disappointing. Because, had the mayhem in stock markets translated into bond markets, we might […].

Mortgages 104
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Ask Jim

BubbleInfo

The Other Bob (TOB) suggested a blog post where he and others could ask questions. Let’s do it! Leave your questions in the comment section, and I’ll do my best to answer promptly. The comment section is moderated, so you will see your comment once I have a chance to review and approve. We are […].

Marketing 105
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Leading Real Estate Agents Use Semrush To Direct Traffic to Their Site

Realty Biz

Identifying the best SEO platform for your real estate agency or brokerage business can be daunting. Sorting through different providers and going through multiple demos is no fun. Still, you have to be intentional about choosing an SEO platform to pick the right one. Follow these steps to pick the right tool. List down your essential needs and the features and functionalities the tool must-have.

Agents 101
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CHLA and 41 IMBs urge the FHA to cut MI premiums

Housing Wire

The Community Home Lenders Association (CHLA) sent a letter, signed by 41 independent mortgage banks, to the Federal Housing Administration (FHA) on Wednesday urging the administration to cut mortgage insurance premiums. The letter, which includes signatures from South Carolina-based Movement Mortgage , Cherry Creek Mortgage , Texas-based Thrive Mortgage and Draper & Kramer Mortgage , advised the FHA to get rid of its life of loan policy and reduce the annual premiums by 30 basis points to.5

Loans 414
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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.

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Mortgage and refinance rates today, May 20, 2022

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates fell by a worthwhile amount yesterday. And Mortgage News Daily says they’re at a three-week low. Already this morning, those rates have […].

Mortgages 104
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$6,000,000 Burnout

BubbleInfo

With the Crescent House now on the market for $23.5 million, you can’t really blame the sellers of this property for asking $6 million (lot size is 9,730sf): [link].

Marketing 105
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What Does CDOM Mean in Real Estate

Maximum Exposure Real Estate

Have you seen the letters CDOM in some real estate listing websites and wondered what it meant? CDOM and DOM are two acronyms you will likely see when looking for a home to purchase. These real estate terms are similar but have slightly different meanings. CDOM stands for cumulative days on market and DOM stands […]. The post What Does CDOM Mean in Real Estate appeared first on Maximum Real Estate Exposure.

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How can brokers get ahead in a tight market?

Housing Wire

HousingWire recently spoke with Jon Irvine, Chief Production Officer at Change Lending, about how brokers can gain a new competitive advantage in the current tight market. HousingWire: The current inventory shortage doesn’t seem like it will let up anytime soon. What challenges does this present to brokers? Jon Irvine: First, refinance volume has already dropped significantly from 2021 to Q1 2022.

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How Enriching the Lives of Your Clients Leads to Greater Sales Success

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.