Housing Wire

MARCH 24, 2022

The rollercoaster is still climbing. Mortgage rates are approaching 4.5%, a level economists forecasted would not be reached until the tail end of 2022. And there’s good reason to believe mortgage rates will be in the 5% range before too long. According to data from Freddie Mac ‘s PMMS survey, mortgage rates on the traditional 30-year fixed-rate mortgage jumped 26 basis points to 4.42% this week, with increases across all loan types.

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Keeping Current Matters

MARCH 24, 2022

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house.

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Marketing 293

Eye on Housing

MARCH 22, 2022

Among first-time home buyers, a laundry room ranked as the most popular of the more than 200 home and community features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. The study is based on a nationwide survey of 3,247 recent and prospective home buyers, including 541 who bought, or were about to buy, their first.

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As-is 145

Lighter Side of Real Estate

MARCH 22, 2022

When you’re on the hunt for a house, you’re glued to the Internet, scrolling every listing site you can to make sure you aren’t missing anything. The Internet has certainly made it easier than it used to be to make sure you weren’t missing out on the house of your dreams. But you probably also keep your eyes peeled and ears perked for any word of a listing that may not have been listed on the MLS or any real estate site you browse.

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Agents MLS As-is Marketing 145

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

Housing Wire

MARCH 24, 2022

The one-two punch of higher mortgage rates and escalating home prices reduced homebuyers ’ ability to buy homes in February. The trend is also likely to worsen in the coming months. The national median monthly mortgage payment settled in loan applications increased 8.3%, from $1,526 in January to $1,653 in February, according to a survey published Thursday by the Mortgage Bankers Association.

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FHA loan Fixed-rate mortgage Loan Officer Principal 518

Keeping Current Matters

MARCH 25, 2022

Some Highlights. With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances, windows, and solar panels. If it’s your goal to buy a home this year, consider energy efficiency.

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Sotheby's International Real Estate

MARCH 19, 2022

Whether they prefer rare antiques, rugged muscle cars, peppy speedsters, or luxurious sedans, any auto enthusiast will appreciate these estates for their generous garages and spacious motor courts. Historic Santa Fe Estate. Santa Fe, New Mexico | Ashley Margetson, Sotheby’s International Realty – Santa Fe – Main Downtown Brokerage. This significant Santa Fe property, dating to 1935, has been lovingly expanded, creatively reimagined, and exquisitely finished with every comfort and amenity e

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Brokerage 135

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. Recently, I downgraded the housing market from an unhealthy housing market to a savagely unhealthy housing market, something I discussed with HousingWire Editor in Chief Sarah Wheeler on our recent podcast.

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Sales Mortgages Construction Lending 501

Keeping Current Matters

MARCH 22, 2022

The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide.

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Maximum Exposure Real Estate

MARCH 21, 2022

Have you heard the real estate term “CMA” and wondered what it was? It’s an abbreviation for comparative market analysis. If you are selling your home, deciding how much to ask can be difficult. Likewise, choosing how much to offer for the home is crucial when you are buying. Whichever side of the real estate […]. The post Comparative Market Analysis: The CMA in Real Estate Explained appeared first on Maximum Real Estate Exposure.

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Marketing 129

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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

Sotheby's International Real Estate

MARCH 22, 2022

Tracing its origins to the late 19th century, when it was carved from a Mexican land grant along the slopes of the Santa Monica Mountains, Brentwood remains a sought- after community closely intertwined with the history of Southern California and Hollywood. In this exclusive enclave, architecturally intriguing estates are surrounded by meticulous landscaping, and the lifestyle is laid-back, wholesome, and healthy.

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Land Closing 132

Housing Wire

MARCH 25, 2022

Home Mortgage Disclosure Act (HMDA) data, released Thursday by the Consumer Financial Protection Bureau, showed a reshuffle in the top 10 lenders by volume for 2021. According to an analysis of the HMDA data by Polygon Research application HMDAVision, the top 10 lenders by volume are: Rocket Mortgage United Wholesale Mortgage Wells Fargo LoanDepot JPMorgan Chase New Residential Investment Corp.

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Mortgages Lending Residential Banks 459

Keeping Current Matters

MARCH 23, 2022

If you’re ready to move up, you may be trying to decide whether you want to buy a home that's already on the market or build a new one.

Marketing 250

Marketing New Construction Construction 250

Eye on Housing

MARCH 21, 2022

NAHB analysis of the Census Bureau’s quarterly tax data shows that $672.5 billion in taxes were paid by property owners in the four quarters ending Q4 2021 (not seasonally adjusted), a 1.0% quarterly increase.[1] Four-quarter property tax revenues declined 0.6% in Q3 2021, the second such decrease since 2012. Property taxes accounted for 36.2% of state and local tax receipts, a 0.8.

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Sales 124

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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

Realty Biz

MARCH 25, 2022

When you think of Nashville, you generally think of Music City, Broadway, and honkey-tonks. Unless you’ve been paying close attention over the past few years, you probably wouldn’t think of Nashville as one of the top real estate markets in the US. Believe it or not, Nashville experienced the 6th largest increase in median home price out of the top 100 metros over the past year.

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Marketing New Construction Construction Sales 122

Housing Wire

MARCH 22, 2022

Nonbanks and mortgage subsidiaries of chartered banks reported grim profitability figures in the fourth quarter of 2021, when costs reached a new high and margins fell to the lowest level since early 2019. And most industry observers think it will only get worse in the next few quarters. . Net gains in Q4 declined to $1,099 on each loan originated, compared to $2,594 in the previous quarter, according to a report published by the Mortgage Bankers Association (MBA) on Thursday.

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Loans Banks Mortgages Lending 459

Keeping Current Matters

MARCH 21, 2022

If you’re a current homeowner, you should know your net worth just got a big boost.

Equity 248

Equity Marketing 248

Eye on Housing

MARCH 23, 2022

New single-family home sales posted a second monthly decline in February as housing demand was affected by a jump in mortgage rates. After starting at 3.1% in December, rates increased to 3.45% in January and 3.76% in February, per Freddie Mac. Additionally, builders continue to grapple with supply-chain issues, limiting inventory in a market for which new construction is an.

Sales 122

Sales New Construction Construction Mortgages 122

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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

Lighter Side of Real Estate

MARCH 22, 2022

Many people from the Boomer Generation (and even their parents from the Silent Generation) are still living in the homes they’ve owned for decades. Times have changed, and people are living longer, healthier lives which allow them to stay in their house many years beyond what was seen in previous generations. There’s often no need to move into a nursing or retirement home, or move in with family.

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Construction Industrial Closing Marketing 115

Housing Wire

MARCH 21, 2022

UWM’s headquarters in Pontiac, Michigan. United Wholesale Mortgage (UWM) announced late last year that it would turn the appraisal space on its head by launching an in-house appraisal program. Even if it has not made quite the outsized impact UWM said it would, appraisers mostly like the wholesaler’s new program. Some appraisers take issue not with the program itself, but with the software and payment platform it uses.

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Industrial Mortgages As-is Technology 448

Brownstoner

MARCH 24, 2022

In the News Vaccine Clinics Return to NYC Public Schools. Will They Work? [NYT] Greenpoint Neighbors Raise More Than $20K for Ukranian Refugees [BP] One Resident Rescued From Fast-Moving Kensington Fire [BP] NYC 'Waking Up' to Official Start of Cherry Blossom Season [Gothamist] Drinks Flow Again at Ginger’s Bar in Park Slope, a Lesbian Mainstay… Read More > The post Daily Links: Cherry Blossoms Bloom at Brooklyn Botanic Garden appeared first on Brownstoner.

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Eye on Housing

MARCH 25, 2022

Much like other home buyers, those buying their first homes rate double sinks and walk-in pantries as the most popular of 30 kitchen features listed in the recent NAHB study, What Home Buyers Really Want, 2021 Edition. In the study, first-time (and other) home buyers rated over 200 home features—including 30 in the kitchen—on the following, four-tier scale (which emphasizes.

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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

HomeLight

MARCH 22, 2022

With two college-aged children, homeowner Alice Coleman found herself on the brink of becoming an empty-nester in the spring of 2021. Suddenly, her 3,400 square-foot home in Katy, Texas, felt unnecessarily large. And she had the big property tax bills to match. “The taxes were steadily increasing, and that was expected,” says Coleman. “But I’m an educator so, you know, I’m not bringing in a whole lot of money.

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Agents Banks As-is Marketing 115

Housing Wire

MARCH 23, 2022

The Department of Housing and Urban Development ’s long-awaited action plan on appraisal bias outlines administrative actions the federal government will quickly take to address mis-valuations. But the report fails to offer a clear plan to release appraisal data from the government sponsored enterprises. Doing so would help to better diagnose and solve the problem, fair housing advocates, trade associations and researchers have long argued.

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Finance Loans Industrial Development 444

Toronto Realty Blog

MARCH 23, 2022

TorontoRealtyBlog. Somebody asked me once, “What is the most number of offers you’ve ever had a on a listing?” I honestly don’t know. And I’m a stats guy who is OCD and loves spreadsheets. But for some reason, I don’t have that tally. I could probably estimate. I don’t think I’ve ever had 30+ offers on a listing before, but I can recall many in the 20’s.

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Banks Inspection Agents Closing 113

Brownstoner

MARCH 25, 2022

A developer is seeking to build an affordable housing and commercial hub, including residential towers up to 24 stories tall, at Broadway Junction, a major transit hub in East New York long recognized as blighted and underutilized. But some longtime residents are sounding an alarm at what they see as a… Read More > The post Developer Presents Plans for Broadway Junction Towers During a Virtual Town Hall appeared first on Brownstoner.

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Development Commercial Residential As-is 114

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Agents

HomeLight

MARCH 19, 2022

Selling your home may feel overwhelming, but it doesn’t have to be complicated. You can make a great impression with buyers and whip your house into shape, getting your home ready to sell without breaking the bank. By putting in a little effort before you list your home, you can save yourself hours of time and avoid pitfalls down the road. Wondering how to get your house ready to sell?

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Inspection Sales Agents As-is 116

Housing Wire

MARCH 25, 2022

A rule making its way through the New York Senate could significantly shorten the time allotted for a lender to initiate a foreclosure action. This may have ramifications on all lenders operating in the state of New York. A bill, dubbed the Foreclosure Abuse Prevention Act, sponsored by James Sanders Jr. (D) from the 10th Senate District, stipulates that once a lender has initiated a foreclosure action and accelerated the loan, they only have six years to complete a foreclosure.

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Lending Mortgages Loans Closing 431

Realty Biz

MARCH 22, 2022

The Appraisal Gap Coverage Guarantee Explained. In the current real estate market, many property buyers choose to finance their purchases. This is due to the mortgage interest rates that are low and have been that way for quite a while. However, with the current market heavily favoring sellers, quite a few buyers who would otherwise be taking out a mortgage are paying cash.

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Purchase and sale agreement Finance Lending Mortgages 111

Brownstoner

MARCH 20, 2022

The most popular listings on Brownstoner this week include a rental in Bed Stuy, a landmark in Bushwick and a row house in Bay Ridge. Park Slope was popular this week with other listings scattered from Bay Ridge to Carroll Gardens. The least expensive is the Bed Stuy rental at $5,000… Read More > The post Top 10 Brooklyn Real Estate Listings: A Mansion in Prospect Park South, a Co-op in Park Slope appeared first on Brownstoner.

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Marketing 113

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