Fri.May 24, 2024

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HUD announces relief for Texas disaster victims

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) announced this week that it is extending a 90-day foreclosure moratorium for all Federal Housing Administration (FHA)-insured mortgages to the federal disaster area in Texas stemming from severe weather, tornadoes and flooding that hit several counties beginning on April 26. The initially-declared federal disaster zone included the counties of Harris, Liberty, Montgomery, Polk, San Jacinto, Trinity and Walker.

Loans 367
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Homes.com president out

Real Estate News

David Mele, the longtime leader of CoStar’s home search site, confirmed to Real Estate News that he has left his position as president of Homes.com.

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Movement Mortgage names Joe Thompson as regional director

Housing Wire

Movement Mortgage , a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico. In his new role, Thompson will also be responsible for driving growth and expanding the company’s market presence while fostering relationships with real estate partners. ”Movement is the only lender that gives nearly 50% of its profits, manufactures

Mortgages 378
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Tampa Bay associations announce merger plans

Real Estate News

Pending NAR approval, the newly formed organization will be a Florida powerhouse and the sixth-largest Realtor association in the nation.

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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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HUD doles out $26M to promote fair housing and combat discrimination

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) on Friday announced the availability of $26 million in funding to be distributed to state and local housing agencies to enforce fair housing practices and to combat discrimination. The money will be distributed via noncompetitive funding for HUD’s state and local fair housing enforcement agencies across the nation under the Fair Housing Assistance Program (FHAP), which is described as “an intergovernmental partnership between the federal

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Movoto wants to win on tech, experiences — not ad spend

Real Estate News

CEO John Berkowitz says the home search company offers agents and consumers “a better chance of succeeding” than its deep-pocketed competitors.

Agents 156

More Trending

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'Unfiltered' podcast: The Wall Street perspective on real estate

Real Estate News

Watch the conversation with analyst John Campbell as he offers his take on top real estate companies. Who has momentum — and who’s come to a “screeching halt”?

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Connecticut governor signs aging-in-place bill into law

Housing Wire

Connecticut Gov. Ned Lamont signed a bill into law on Tuesday that aims to improve the prospects for seniors who seek to age in place in their current homes. The law, which was supported by senior advocacy organization AARP , creates a state registry of home care providers to promote awareness and accessibility for home-based care. It also requires home health care and aide agencies, hospice agencies and homemaker-companion agencies to submit information about their employees to the registry, an

As-is 266
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Compass CEO Robert Reffkin says the luxury market is back

Inman

The luxury market is back. That was Compass co-founder and CEO Robert Reffkin's primary message during his latest appearance on CNBC's "Squawk on the Street," where he talked about home price trends, mortgage rates, and stock market ebbs and flows.

Marketing 151
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Home prices in opportunity zones show mixed trends in Q1 2024

Housing Wire

Median prices for homes and condominiums in federally designated opportunity zones rose in 49% of areas from fourth-quarter 2023 to first-quarter 2024, according to a report released Thursday by Attom. On a year-over-year basis, however, prices increased in nearly two-thirds of these zones. Attom analyzed 3,512 zones with sufficient data, defined as having at least five home sales in Q1 2024.

Investor 263
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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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Don’t market vacant homes. Be HomeKynd: Tech Review

Inman

Proptech columnist Craig Rowe reviews virtual staging solution HomeKynd, an app that empowers users to integrate its tools with listing pages, among other benefits.

Staging 132
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The impact of student loans on buying a home

Housing Wire

Most Americans still view homeownership as a key to building wealth, but for many, that piece of the American dream is on hold or out of reach thanks to the heavy burden of student debt. In fact, according to a recent study, millennials currently struggle with so much debt that 25% worry they won’t qualify for a mortgage. Nearly 1 in 5 millennials (19%) think their credit card debt will be a stumbling block when applying for a mortgage, while 1 in 7 (14%) think the same about their student loan

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Xome’s DIY platform lets investors sell homes without an agent

Inman

Homeowners can't sell a primary residence through Xome's seller portal without a listing agent, but can hire an agent on their own or ask Xome to match them with one.

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U.S. Bank appoints new retail lending leader

Housing Wire

U.S. Bank appointed John Hummel to lead its East market for retail home lending. Hummel, who previously led the correspondent and Housing Finance Agency (HFA) business at U.S. Bank, will now oversee a team of 750 sales managers and mortgage loan officers responsible for generating $7 billion in originations, according to a news release. John Hummel Prior to joining U.S.

Banks 248
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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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10 Top Habits of High-Performing Real Estate Teams

RIS Media

The winning formula to build and scale a successful real estate team in today’s market requires several must-haves, including a positive culture, a powerful marketing reach, effective communication and more. Here are 10 top habits of high-performing real estate teams to consider if you’re looking to form a team. Prioritize team culture A strong culture… The post 10 Top Habits of High-Performing Real Estate Teams appeared first on RISMedia.

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One year after expansion, Guaranteed Rate remains bullish on reverse mortgages

Housing Wire

Just about a year ago, Chicago-based multichannel mortgage lender Guaranteed Rate announced its plans to expand its reverse mortgage division — including around the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) product. Roughly five months after that announcement, the company named Ryan Ogata as the division’s new executive vice president.

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Watch Months-of-Supply!

Calculated Risk Real Estate

Although inventory is well below normal levels, so are sales. I think we need to keep an eye on months-of-supply. Historically nominal prices declined when months-of-supply approached 6 months - and that is unlikely this year - but we could see months-of-supply back to 2019 levels later this year. What would it take to get months-of-supply back to 2019 levels by mid-year?

Sales 62
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Ginger Wilcox on helping agents navigate a chaotic environment

Housing Wire

When Ginger Wilcox stepped into the role of brand president of Better Homes and Gardens Real Estate last June, many in the industry knew that the next 12 months would be challenging for the industry. But no one anticipated just how tumultuous things would get. HousingWire recently caught up with Wilcox to hear how her first year at BHGRE went and to get her take on the myriad of challenges currently facing the industry.

Agents 248
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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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PLG Limestone With Mantels, Stair Hall, Solar Panels Asks $2.4 Million

Brownstoner

Updates to this early 20th century limestone in the Prospect Lefferts Historic District include a kitchen reno and the installation of solar panels. Meanwhile, it still has some of the original details like mantels, moldings, and wood floors. At 166 Rutland Road, the bow-front home is one of the many houses… Read More > The post PLG Limestone With Mantels, Stair Hall, Solar Panels Asks $2.4 Million appeared first on Brownstoner.

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How to Grow on Instagram (Without Posting)

BAM Media

The most effective way to grow on Instagram is, without a doubt, posting Instagram Reels. If you view your insights, it’s the number one type of content that reaches non-followers, aka people outside of your network who don’t follow you yet. But, there is a slept-on strategy that can help you grow and get more engagement without actually posting, and it’s COMMENTING.

Agents 59
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Daily Links: Bushwick Gets Rollerskating Rink Nightclub From Turk’s Inn Owners

Brownstoner

In the News At DanceAfrica, the Enduring Power of Love [NYT] Ed Sheeran Sings While Riding Citi Bike Through Brooklyn [NYP] Photoville Brings Diverse Stories, Snaps to Brooklyn Bridge Park [BP] Locals Demand Action on 4th Avenue Bike Lane After Cyclist Killed [BP] The Ultimate Guide to Brooklyn Street Fairs, Festivals This Summer [BP] Cleanup Under… Read More > The post Daily Links: Bushwick Gets Rollerskating Rink Nightclub From Turk’s Inn Owners appeared first on Brownstoner.

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How Interruptions Can Actually Make You More Effective

BAM Media

Our days are filled with endless tasks, some confronting and challenging (lead gen, listing appointments, negotiations, etc.) and some boring and mindless (updating the CRM, handling bulk marketing, sifting through emails, etc.). The constant stream of activity, and the lack of clear boundaries as to when this activity starts and stops, adds to the experience of it being relentless (and thus burnout, resignation, upsets, etc.).

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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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Insuring a Seattle-area home now costs more. Here’s why

Seattle Times Real Estate

With some seeing their insurance premiums increase as much as 40%, Washington homeowners are left with questions — and squeezed budgets.

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Brian Took the Easy Way Out—Here’s Why He Made a Big Mistake and Why I’m Never Selling My Properties

Bigger Pockets

A very “good” problem many investors have is whether they should sell or rent their primary residence when it comes time to move out.

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Google Ads for Real Estate: The Complete Guide

The Close

Digital marketing has become a key part of running a real estate business, but many agents still have questions and concerns about advertising. Google Ads can be confusing for agents but are also incredibly impactful because they target buyers and sellers actively searching for real estate answers. I’ll dive into everything you’ve wondered about using Google Ads for real estate, including how they work, average costs, benefits, the best strategies, and a step-by-step guide to creating your first

Land 55
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How Seattle’s economy is managing in this uncertain season

Seattle Times Real Estate

Despite a slowdown in population growth, Seattle continues to enjoy a growing economy and numerous advantages, columnist Jon Talton writes.

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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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This record-breaking $40M house is the most expensive home ever sold on Miami Beach’s Palm Island

Fancy Pants Homes

On the exclusive, man-made island neighborhood of Palm Island, just off the coast of Miami Beach, a newly built waterfront home sold for a whopping $40,000,000, setting a new record in the process. This sale marks the highest price ever paid for a property on Palm & Hibiscus Islands, surpassing the previous record of $32 million set in February 2023. “40 Palm Ave sold at a 25% premium over any other property that has ever been sold on Palm & Hibiscus Islands,” listing agent L

Design 53
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NSDCC Listings, YTD

BubbleInfo

NSDCC Listings, Jan 1 – May 15 Can we use statistics to describe the market conditions today? This chart above helps a little. Even though the number of listings is drastically lower than it used to be, apparently the market has been adjusting – mostly by price! I mentioned that it seemed like everything is […] The post NSDCC Listings, YTD first appeared on bubbleinfo.com.

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How Does Virtual Staging in Real Estate Work?

Louisville Homes

As the real estate market evolves, so do the tools that professionals use to present properties in the best possible light. One such innovative tool is virtual staging, a technology-driven solution that has revolutionized the way properties are marketed to potential buyers. So how does it work? This article delves into how virtual staging in […] The post How Does Virtual Staging in Real Estate Work?

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Use this Home Tour Video Script for Every Listing

BAM Media

You want to make a home tour video your audience will want to watch over and over again. And you want them to keep coming back for more. One thing you don’t want to do is crank out home tour videos that look like every other home tour video you’ve seen online. Because you know as well as I do that your buyers need more from you than details they can find in the property description.

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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.