Housing Wire

FEBRUARY 8, 2021

Weeks before United Wholesale Mortgage (UWM) went public in a SPAC deal that valued the lender at $16.1 billion, its president and CEO Mat Ishbia said observers shouldn’t expect a different United Wholesale Mortgage or a different Mat. He proved it in his first earnings call. On Thursday morning, Ishbia, in his characteristic fast-talking bravado, bragged about the wholesaler’s position as the biggest purchase lender in the market, cautioned that they’ve prioritized the long ga

Technology 545

Technology Mortgages Investor Loans 545

Keeping Current Matters

FEBRUARY 9, 2021

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different. 1. This time, housing supply is extremely limited.

Equity 346

Equity Mortgages Residential Banks 346

Realtor.com

FEBRUARY 11, 2021

marchmeena29/Getty Images It’s a big question with no easy answer: Should you keep renting, or is it time to think about buying a home? One of the major benefits of being a homeowner is building equity with each mortgage payment, instead of putting money into your landlord’s pocket. But that doesn’t mean buying is always the best choice—as a renter, you enjoy more flexibility and avoid many of the costs that come with homeownership.

Closing costs 145

Closing costs Debt-to-income ratio Inspection Closing 145

Better Dwelling

FEBRUARY 9, 2021

Greater Toronto real estate entered another cheap credit fueled buying frenzy. Toronto Regional Real Estate Board (TRREB) data shows home prices made a sharp increase in January. The market frenzy wasn’t evenly distributed though, with the suburbs outperforming the city. Detached real estate also saw most gains, making astronomical price increases.

Marketing 145

Marketing 145

Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering

The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling

Technology

Housing Wire

FEBRUARY 9, 2021

Mortgage credit is still the tightest it has been in more than six years, but steady loosening in January revealed lenders are preparing for a rebounding economy, the Mortgage Bankers Association said in a report on Tuesday. The group’s Mortgage Credit Availability Index rose 2% to 124.6 last month, still hovering near levels previously seen in 2014, though it is the third month in the past four that credit availability has picked up as supply eases out.

Mortgages 542

Mortgages Lending Loans Technology 542

Lighter Side of Real Estate

FEBRUARY 9, 2021

You lie in bed at night next to your partner, scrolling through and saving dream home after dream home. At work, you sneak in a quick look at new listings during break and at lunch. You slow the car down as you drive by for sale signs. It’s constantly on your mind… You desperately want to buy a new home, but your partner just isn’t as into it as you are.

MLS 145

MLS Sales As-is 145

Better Dwelling

FEBRUARY 9, 2021

Canada’s “economy” is recovering faster than expected, but employment is lagging. The Organization for Economic Co-operation and Development (OECD), a group promoting trade between 37 advanced economies, published the latest unemployment rates for member countries. The data shows Canada is significantly behind its G7 peers, with only a few OECD countries worse off.

Development 145

Development 145

Housing Wire

FEBRUARY 9, 2021

Borrowers with mortgages backed by Fannie Mae and Freddie Mac may be eligible for an additional forbearance extension of up to three months, the Federal Housing Finance Agency announced Tuesday. FHFA forbearance plans initially had a 12 month expiration date, however, the government entity is now allowing borrowers up to 15 months of coverage. According to the agency, eligibility for the extension is limited to borrowers who are on a COVID-19 forbearance plan as of Feb. 28, 2021.

Real-estate owned 540

Real-estate owned Finance Equity Mortgages 540

Keeping Current Matters

FEBRUARY 12, 2021

Some Highlights. Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desire. If you’re ready to fall in love with a home of your own, contact a local real estate professional to get you started on the path to homeownership.

307

307

Advertisement

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Realtor.com

FEBRUARY 8, 2021

Aslan Alphan/iStock Need to know how to estimate your property tax? You’ve come to the right place! Most people know that homeownership requires coughing up copious amounts of money. There’s your mortgage , of course, but the costs hardly end there. You will also have to pay property tax. If you already own a home, you can look at how your tax is calculated on the most current property tax statement.

Renovation 145

Renovation Mortgages As-is Marketing 145

Better Dwelling

FEBRUARY 8, 2021

The majority of Toronto’s real estate investors are looking to cash in. A Toronto Regional Real Estate Board (TRREB) survey, conducted by Ipsos in Fall 2020, shows most investors are looking to sell in the next year. This is a record number considering cashing in on their gains. It’s not just the pandemic though, only […]. The post Over Two-Thirds of Toronto Real Estate Investors Plan On Listing Properties For Sale appeared first on Better Dwelling.

Investor 145

Investor Sales 145

Housing Wire

FEBRUARY 10, 2021

Zillow entered a new corner of real estate Wednesday, announcing a definitive agreement to buy ShowingTime for $500 million. The splashy buy further situates Zillow as more than a website with pictures of homes for sale, but a competitor to real estate brokerages. The Seattle-based company announced in September Zillow Homes, a traditional brokerage business, hiring agents in Phoenix, Tuscon, and Atlanta.

Brokerage 533

Brokerage Agents Industrial Development 533

Keeping Current Matters

FEBRUARY 11, 2021

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low interest rates are keeping monthly mortgage payments about 23% lower than the typical payment of 20 years ago.

Short sale 284

Short sale Mortgages As-is Sales 284

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Maximum Exposure Real Estate

FEBRUARY 11, 2021

What is a 55 and Older Retirement Community? Are you looking for a retirement community? A retirement community is a neighborhood built for adults who are at least 55 years of age. However, the age limit is not always set in stone and can be as young as 50 and as old as 60 for […]. The post Retirement Communities: Buying Into a 55 and Over Community appeared first on Massachusetts Real Estate Exposure.

As-is 144

As-is 144

Sotheby's International Real Estate

FEBRUARY 8, 2021

Founded over a century ago, Architectural Digest magazine is a perennial source of inspiration for home design and décor. To be featured in any manner by the publication signifies achievement. One of the highest accolades? Being named to the prestigious AD100 list, the magazine’s annual selection of the top 100 international designers and architects working today.

Design 140

Design Marketing 140

Housing Wire

FEBRUARY 10, 2021

Freddie Mac announced Wednesday the creation of new leadership roles in order to address equity in housing in single- and multifamily housing businesses. Pamela Perry. Freddie Mac appointed Pamela Perry as vice president of single-family equitable housing, and Amanda Nunnink as vice president of equity in multifamily housing. Perry will lead a newly formed team responsible for creating solutions to help minority families across the income spectrum achieve homeownership.

Equity 528

Equity Fixed-rate mortgage Investor Development 528

Homes.com

FEBRUARY 7, 2021

If you've got tired or faded dining chair cushions, this DIY tutorial is for you! Update your chair cushions with these easy, step-by-step instructions and say hello to a brand-new space! The post DIY Expert Advice: How to Update Your Chair Cushions appeared first on Homes.com.

Branding 140

Branding 140

Advertisement

As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Realtor.com

FEBRUARY 11, 2021

Getty Images Amid the economic turmoil caused by the coronavirus pandemic, millions of Americans opted to pause their monthly mortgage payments. That choice could have implications for their taxes this year — and in years to come. In March, as COVID-19 began to wreak havoc on the job market and caused millions of Americans to lose their jobs as businesses shuttered, federal lawmakers and regulators took the extraordinary step of extending forbearance to mortgage borrowers.

Mortgages 139

Mortgages Closing As-is Loans 139

Sotheby's International Real Estate

FEBRUARY 6, 2021

In locales from Connecticut to California, these homes feature exceptional closets that are perfect for the curated collections of the best-dressed, providing a proper place for practically everything. Studio City Charmer. Studio City, California | Patrick Martin, Sotheby’s International Realty – Sunset Strip Brokerage. In the cool shade of mature oak trees, this delightful Tudor-inspired manor has been stylishly restored.

Brokerage 138

Brokerage 138

Housing Wire

FEBRUARY 11, 2021

Real estate brokers are a chatty bunch, but a few can be draining socially. Discuss the weather, how your pets are handling the pandemic, even the housing market, but these brokers will steer the conversation to one subject, and one subject alone – the residential real estate brokerage Compass. Compass – the broker will lament – puffs itself up as a “tech” company, but it’s really just another brokerage.

Brokerage 517

Brokerage Residential As-is Agents 517

Point2Homes

FEBRUARY 12, 2021

Image: Andy Dean Photography / Shutterstock.com. Do you want to sell your home fast? Most people feel this way when they put their homes on the market. Besides, who wants to go through months of getting the home prepared for a showing and then scrambling out the door with a couple of kids and the dog? Certainly, not many. In fact, the thought of selling a home isn’t something that most people look forward to.

MLS 137

MLS Agents Sales As-is 137

Advertisement

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.

Sales

Eye on Housing

FEBRUARY 11, 2021

An earlier post revealed that 69% of buyers who were actively engaged in the process of finding a home in the final quarter of 2020 have spent upwards of 3 months searching for a home without success. For the first time in this series history, the number one reason long-time searchers haven’t made a home purchase is not because of.

135

135

Maximum Exposure Real Estate

FEBRUARY 8, 2021

The Real Estate Contingency Explained The definition of a contingency is an action or condition that needs to be met for a real estate contract to become legal and binding. Real Estate contingencies become an integral part of most contracts. If you are going to be buying or selling a home, there are real estate […]. The post Real Estate Contingencies You Should Know appeared first on Massachusetts Real Estate Exposure.

Marketing 133

Marketing 133

Housing Wire

FEBRUARY 11, 2021

“Big Four” title insurer First American Financial Corp. announced a healthy $7.1 billion in total 2020 revenue in its annual earnings report, released Thursday. That’s a 14% rise year over year, according to officials. Net income was $696.4 million last year, or $6.16 per diluted share, and a pretax impairment of $54.9 million, or 45 cents per diluted share.

Title 511

Title Commercial Closing Equity 511

Realtor.com

FEBRUARY 12, 2021

Helynn Ospina for The Wall Street Journal Stella Guan spent months searching for a home to buy, getting outbid again and again in the white-hot real-estate market of the Los Angeles suburbs. Finally, her offer on a “beautiful” Santa Clarita house was accepted in August, she said. The graphic designer, 30, paid roughly $600,000 for the house. But after sleeping there for only a few nights, she had an unfortunate realization.

Due diligence 131

Due diligence Inspection Commercial Design 131

Advertisement

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

Brokerage

Lighter Side of Real Estate

FEBRUARY 12, 2021

Between low interest, fierce competition, and rising home prices, 2020 was a challenge for buyers, but offered serious advantages to sellers—and it looks like that dynamic is continuing into 2021. According to recent data from realtor.com , the number of homes for sale in the US in January 2021 dropped below 600,000—a whopping 43 percent decrease from January 2020 and the lowest number of homes for sale since realtor.com started collecting data in 2012.

Marketing 126

Marketing Sales 126

GeekEstate

FEBRUARY 9, 2021

This week, we interviewed Galiano Tirami from Boxabl. Without further ado… Who are you and what do you do? My name is Galiano Tirmani and I’m the Co-Founder and Business Development Manager of. Boxabl, a new construction technology company that’s positioned to disrupt the massively outdated, trillion-dollar housing construction market. The Boxabl team has engineered cutting edge, scalable technology that allows a mass scale, automobile-style factory approach to home engineering.

Technology 126

Technology Residential Construction Development 126

Housing Wire

FEBRUARY 9, 2021

The National Association of Real Estate Brokers has announced the creation of its “Black Real Estate Agent” program to provide financial, educational, and career support for aspiring Black real estate agents. HomeLight is partnering with NAREB in this venture with the goal of ultimately improving the rate of homeownership for Black Americans across the country, according to Antoine Thompson, NAREB national executive director.

Agents 506

Agents Industrial Technology Closing 506