Housing Wire

APRIL 5, 2022

The Metaverse is defined as the simulated digital world that mimics the real world through virtual reality and augmented reality in which users can interact. As the Metaverse expands, its offerings now include “virtual” real estate. But what does virtual real estate mean for real-world mortgage professionals? Defining virtual real estate. “Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land.

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Mortgages Lending Land Loans 530

RIS Media

APRIL 8, 2022

Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. Real estate listings go through different stages. An active listing means the home in question is currently on sale, and sellers are actively open to offers.

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Debt-to-income ratio Title search Backup offer Home sale contingency 144

Eye on Housing

APRIL 6, 2022

In the past month, total mortgage activity, as measured by the Mortgage Bankers Association’s (MBA) Market Composite Index, underwent a series of weekly declines, decreasing in the latest week by 6.3 percent. The latest week’s survey is for the week ending April 1. The latest week’s activity consisted of a 3.4 percent decrease in purchasing and a 9.9 percent decrease.

Mortgages 116

Mortgages Fixed-rate mortgage As-is Marketing 116

Keeping Current Matters

APRIL 5, 2022

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information.

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Housing Wire

APRIL 6, 2022

Nearly 65% of homeowners planning to sell this year expect to list by the end of summer, which should provide a much-needed influx of inventory that should slow the explosive home price growth seen during the pandemic, according to a Realtor.com survey of prospective sellers. Realtor.com Wednesday released the results of the online survey of 3,000 consumers conducted in February by HarrisX.

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Staging Closing Marketing Mortgages 479

Lighter Side of Real Estate

APRIL 6, 2022

You’re probably well aware that mortgage rates are rising. At the same time, home prices don’t seem to be coming down, there’s still a ton of competition, and you’re probably no stranger to bidding wars when you make an offer on a house. So you might be searching for a way to maintain the buying power you had when rates were a little lower, or just a competitive edge so you can offer a little more for the houses you bid on.

Mortgages 139

Mortgages Fixed-rate mortgage Banks Lending 139

Keeping Current Matters

APRIL 4, 2022

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes.

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Sales 233

Housing Wire

APRIL 5, 2022

Home price appreciation in February climbed 20% over the previous year, marking the 12th month of consecutive double-digit gains , according to figures released Tuesday by real estate analytics firm CoreLogic. Although low inventory continues to drive up prices, CoreLogic ’s forecast suggests home appreciation should finally hit its stride and slow down to about 5% in the coming year , according to a news release from the company. .

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Closing Mortgages Marketing 458

Eye on Housing

APRIL 8, 2022

According to the latest May 2021 Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) and analysis by the National Association of Home Builders (NAHB), half of payroll workers in construction earn more than $49,070 and the top 25% make at least $75,820. In comparison, the U.S. median wage is $45,760, while the top quartile (top 25%) makes.

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Construction 131

GeekEstate

APRIL 5, 2022

This week, we interviewed Stephen Baker from Zego. Let’s get to it! Who are you and what do you do? My name is Stephen Baker and I’m the President and General Manager of Zego, a property technology company that helps operators modernize the resident experience to boost retention and improve efficiency. In my role as President and General Manager, I manage Zego’s growing resident experience management business, utilized by 12M+ residential units, more than 6,000 property clients, and over 3

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Residential Property Management Industrial Technology 131

Advertiser: Trellis

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.

Loans

Keeping Current Matters

APRIL 7, 2022

Many consumers are wondering what will happen with home values over the next few years.

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Marketing 250

Housing Wire

APRIL 4, 2022

South Carolina-based Movement Mortgage laid off around 170 employees in March, another case of a top-25 mortgage lender paring back its workforce due to a more challenging origination landscape. . Pink slips are arriving to between 165 and 170 operational employees across the country, including professionals in the processing, underwriting and closing areas, multiple company sources told HousingWire. .

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Mortgages Loan Officer Loans Banks 450

Sotheby's International Real Estate

APRIL 5, 2022

Combining the storybook style of English countryside cottages with the refinement and luxury of a contemporary American estate, this regal manor is tucked amid trees and a formal parterre in the bucolic Tall Timbers area of Houston’s prestigious River Oaks. The setting is peaceful and private, yet the amenities of downtown and the famed Galleria are minutes away.

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As-is 130

Coldwell Banker

APRIL 6, 2022

Extra, extra! Read the top news items that ran in March about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top Coldwell Banker Stories of the Month – March 2022 appeared first on Coldwell Banker Blue Matter.

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Agents 123

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Sales

Keeping Current Matters

APRIL 6, 2022

Today's low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home.

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Housing Wire

APRIL 8, 2022

It’s a depressing combination. A stunning rise in mortgage rates, historically low levels of inventory , and skyrocketing housing prices are fueling consumer pessimism. Fannie Mae ‘s Home Purchase Sentiment Index, which tracks the housing market and consumer confidence to sell or buy a home, dropped by 2.1 points to 73.2 in March from the previous month.

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Mortgages Marketing Sales As-is 421

Realty Biz

APRIL 6, 2022

When buying or selling a home, having a clear understanding of its worth is very important. You’ll want to make sure you don’t pay too much when buying, but want the seller to accept your offer. Pricing your home when you are selling it is also tricky, making the price attractive to buyers but not selling it for too little. While you might have ideas about what a home is worth, your real estate agent has the tools and experience to find the right price point.

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Agents Sales MLS Closing 122

Maximum Exposure Real Estate

APRIL 4, 2022

Many terms will be new to you when you enter the real estate market. A turn-key home might be one term you hear, but what does it mean? It is not uncommon for a buyer or seller to ask a real estate agent what does turnkey mean. Before you decide to invest your money into […]. The post What Does Turnkey Mean in Real Estate: Turn Key Housing Explained appeared first on Maximum Real Estate Exposure.

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Agents Marketing 121

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

GeekEstate

APRIL 5, 2022

Geek Estate is all about celebrating entrepreneurship, focused on real estate tech–both residential and commercial. The REACH program , backed by the National Association of Realtors and Second Century Ventures , is a big part of the broader ecosystem. This week, they announced the acceptance of 17 companies to the 2022 REACH and REACH Commercial programs.

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Due diligence Commercial Property Management Renovation 120

Housing Wire

APRIL 6, 2022

Interest in residential mortgage loans fell 6.25% for the week ending April 1 as rates jumped yet again , ever nearer to 5%, according to the Mortgage Bankers Association ‘s latest survey. Refinance applications are in a free fall, as few borrowers these days have an incentive to change their current loans rates. Additionally, home price appreciation and insufficient for-sale inventory are holding back purchase activity. .

Mortgages 419

Mortgages Fixed-rate mortgage Residential Loans 419

Realty Biz

APRIL 5, 2022

One of the frequently asked questions during today’s booming housing market is can I qualify for a mortgage during Chapter 13 Bankruptcy. Chapter 13 Bankruptcy is a court-approved debt repayment plan where their debts are restructured over a period of three to five years. The individual pays a fraction of their debts to creditors under the supervision of the bankruptcy trustee for the term of the Chapter 13 Bankruptcy.

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Bankruptcy Debt-to-income ratio VA loan FHA loan 120

Eye on Housing

APRIL 4, 2022

Compared to a year ago, average hourly earnings for residential building workers continue to rise, as the construction labor market remains tight. According to the Bureau of Labor Statistics (BLS) report, average hourly earnings (AHE) for residential building workers were $28.66 in February 2022, increasing 6% from $27.01 a year ago. This was 16.7% higher than the manufacturing’s average hourly.

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Residential Construction Marketing 119

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

APRIL 4, 2022

After a two-year pandemic hiatus, the celebration of community building and greening the borough is back with the Brooklyn Botanic Garden's Greenest Block in Brooklyn competition. A smaller, socially distance competition focused on window boxes was held last year but this summer marks the return of the block-wide competition, culminating in… Read More > The post Get Your Green Thumb Ready as the Greenest Block in Brooklyn Contest Returns appeared first on Brownstoner.

As-is 118

As-is 118

Housing Wire

APRIL 5, 2022

Top mortgage lending software and analytics provider Black Knight is exploring a sale following takeover interest from several private equity firms, according to a report from Bloomberg. The Jacksonville, Florida-headquartered firm hasn’t decided whether it would be sold or remain independent, unnamed sources told the financial news publication.

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Sales Lending Equity Technology 408

Realty Biz

APRIL 8, 2022

With many advantages to renting, like having fewer responsibilities and more flexibility, it is an obvious choice for many people. But even with fewer things to worry about, there are some considerations before renting a home that you need to be aware of. Research and due diligence are essential after jumping on the best website for rentals. Understanding how to find a house to rent is critical, but you don’t want to make mistakes.

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Due diligence As-is Agents Marketing 116

Eye on Housing

APRIL 7, 2022

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.1% in February after an increase of 1.1% in January. Spending stood at a seasonally adjusted annual rate of $850.6 billion. Total private residential construction spending was 16.6% higher than a year ago. These monthly gains are attributed to the strong growth of spending on.

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Residential Construction 116

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Agents

Sotheby's International Real Estate

APRIL 8, 2022

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Mendham, New Jersey | Liane Dobson, Kienlen Lattmann Sotheby’s International Realty . Whitney Houston’s legacy continues to live on and now, a piece of her history in New Jersey is on the market for $1.599 million. Whitney Houston’s Former Guest House Is for Sale – Apartment Therapy.

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Sales Marketing 113

Housing Wire

APRIL 5, 2022

Atlanta-based non-QM wholesale lender Angel Oak Mortgage Solutions has updated its rate lock policy to a 30-day lock period due to the fast-rising interest rates landscape. “Angel Oak, along with the rest of the non-QM industry, has been forced to make rapid adjustments to ensure liquidity during this highly volatile market,” a company spokesperson told HousingWire. .

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Marketing Investor Loans Banks 400

Fancy Pants Homes

APRIL 4, 2022

Doja Cat has come a long way from making funny videos on YouTube. The singer, rapper and songwriter is enjoying her well-deserved success, and with hit after hit rising to the top of the Billboard charts, she is now estimated to be worth around $8 million. She’s now also a Grammy Award-winner, who just nabbed her first statue for best pop duo/group performance for Kiss Me More , a collab with fellow singer/songwriter SZA.

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The Mortgage Report

APRIL 5, 2022

Today’s mortgage and refinance rates Average mortgage rates fell modestly yesterday. And they’re now appreciably lower than they were on Mar. 25, which was when we saw the last giant […].

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Mortgages 111

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