Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. Even though the recent existing-home sales data has been outperforming my expectations , the pending home sales data to me looks more in line with my expectations for 2022. From NAR : “Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reported.

Sales 435

Sales As-is Mortgages Marketing 435

Keeping Current Matters

MARCH 1, 2022

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal.

Marketing 274

Marketing 274

Eye on Housing

MARCH 1, 2022

Residential construction loan volume reached a post-Great Recession high during the fourth quarter of 2021, as home building activity posted gains for the year. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions increased 1% during the fourth quarter. The volume of loans increased by $977 million on a quarterly basis.

Residential 111

Residential Construction Loans 111

Maximum Exposure Real Estate

MARCH 4, 2022

Tips to Buy and Sell Houses Simultaneously Are you wondering how to buy and sell a house at the same time? You are not alone, as many folks ask real estate agents how to pull off the house buy and sell simultaneously. It’s not like you buy and sell houses every day, so a reasonable […]. The post How to Buy and Sell a Home at The Same Time appeared first on Maximum Real Estate Exposure.

Agents 145

Agents 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 4, 2022

Record home prices in recent years have pushed tappable home equity to new heights, increasing the demand for one specific product: cash-out refis. Black Knight data shows that lenders originated $1.2 trillion in cash-out refis in 2021, up 20% compared to the prior year, the highest volume since 2005. Cash-out refis went from 36% to more than 60% of all refis from the beginning of 2021 to the fourth quarter.

Equity 476

Equity Mortgages Loans As-is 476

Keeping Current Matters

MARCH 4, 2022

Some Highlights. Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and get multiple offers.

Marketing 244

Marketing Agents 244

Maximum Exposure Real Estate

MARCH 3, 2022

Homeowners Tax Deductions to Remember Do you know what is tax deductible when buying a house? Are you looking to find out the tax credits for homeowners? Tax season is an excellent time to be a homeowner. Unlike renters, you get to take advantage of some tax breaks geared towards homeowners – tax benefits that […]. The post Tax Deductions For Homeowners: Breaks and Benefits Explained appeared first on Maximum Real Estate Exposure.

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145

Housing Wire

MARCH 4, 2022

Fannie Mae this week completed its first credit insurance risk transfer (CIRT) deal of the year as part of the agency’s ongoing efforts to share mortgage risk with the private sector. . The deal transferred millions of dollars of credit risk to a group of 22 private insurers and reinsurers. That credit risk is tied to a $26.1 billion reference pool of single-family mortgages.

Principal 448

Principal Loans Mortgages Finance 448

Keeping Current Matters

MARCH 3, 2022

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022.

Marketing 246

Marketing 246

Sotheby's International Real Estate

MARCH 1, 2022

At first blush, this elegant Tudor-style residence could easily be mistaken for an enchanting Old World manor in the European countryside. Notwithstanding its stateside location in the charming East Bay community of Piedmont—a short drive from San Francisco—it is, in fact, quite grand, offering some 9,928 square feet of generously proportioned living and entertaining spaces replete with ornate traditional details.

Brokerage 136

Brokerage 136

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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

The Close

FEBRUARY 28, 2022

For most of us, great real estate quotes are like self-help books. If you keep reading the same ones over and over, they get boring. That’s why we wanted to dig a little deeper and find 89 insightful, funny, and motivational real estate quotes that you haven’t heard a thousand times. Have any more? Share in the comments! General Real Estate Quotes. 1.

Agents 132

Agents Technology As-is Sales 132

Housing Wire

MARCH 1, 2022

UWM’s headquarters in Pontiac, Michigan. United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, posted another record for production in 2021, but lower margins and declines in fair value of mortgage servicing rights impacted its earnings. The company reported on Tuesday $1.56 billion in profits in 2021, down 53.6% from the $3.38 billion registered in the previous year, which was the best in the history of the mortgage industry.

Loans 418

Loans Loan Officer Mortgages Closing 418

Keeping Current Matters

MARCH 2, 2022

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market.

Marketing 245

Marketing 245

HomeLight

FEBRUARY 28, 2022

In a perfect world, you can put your current house on the market, sell quickly to get your equity out of your home to use for a down payment, and find your next dream home just as quickly. In the real world, however, it’s not always that easy, and you can usually expect some overlap as you navigate how to sell and buy a house at the same time. At best, you’re dealing with a bit of a juggling act with some element of risk, which can be very stressful.

Equity 126

Equity Debt-to-income ratio Closing Loans 126

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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

Coldwell Banker

MARCH 3, 2022

Amidst lockdowns and times of uncertainty, many of us looked inward to our homes to provide calming and safe spaces, including our outdoor areas. That’s why, in today’s post, we’re going to be sharing tips on how to create a zen outdoor space, however you like to relax. The post 3 Simple Design Ideas for a Zen Outdoor Space appeared first on Coldwell Banker Blue Matter.

Design 125

Design 125

Housing Wire

MARCH 1, 2022

Veev , a California-based homebuilding company, announced raising a $400 million Series D led by BOND , according to a press release shared with FinLedger. The company says it will use the funding to scale its operations, accelerate its research and development and expand construction into new markets. LenX , Zeev Ventures and Fifth Wall also participated in the round, which brings Veev’s total funding to date to $600 million.

Construction 418

Construction Development Inspection Design 418

Keeping Current Matters

FEBRUARY 28, 2022

If you’re a millennial, homebuying might be top of mind for you.

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234

The American Genius for Real Estate

FEBRUARY 28, 2022

(HOMEOWNERSHIP) You see the term in the MLS for fixer uppers, you hear it when Realtors are working with first time buyers. But the term "starter home" shouldn't be in anyone's vocabulary. Here's why. The post Why the phrase ‘starter home’ is overrated and overused appeared first on The American Genius Real Estate.

MLS 122

MLS 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

Brownstoner

MARCH 2, 2022

It reportedly broke the million dollar mark for the neighborhood the last time it sold in 1986 and while it isn't priced to break a record this time, this Brooklyn Heights brownstone still comes with a hefty asking price. In addition to a lavish interior with an elevator, wine cellar… Read More > The post Heights Brownstone With Waterfront Views, Elevator, Rare Garage Asks a Cool $17.777 Million appeared first on Brownstoner.

Marketing 122

Marketing 122

Housing Wire

MARCH 4, 2022

Today, the Bureau of Labor Statistics reported that the United States Of America created 678,000 jobs in February. We also had 92,000 in positive revisions, and this report was a beat of estimates coming off a strong January report as well. The U.S unemployment rate stands at 3.8%, and we are getting closer and closer to my September 2022 forecast of getting all the jobs back that we lost due to COVID-19.

Mortgages 397

Mortgages Construction As-is Sales 397

Sotheby's International Real Estate

MARCH 1, 2022

Sotheby’s International Realty today announced the opening of Northland Sotheby’s International Realty, signifying the brand’s continued growth in the state of Minnesota. The addition marks the brand’s fourth affiliated office in the state. Northland Sotheby’s International Realty is owned and operated by Adam and Jacqueline Kalenberg who bring a collective 16 years of experience to the company.

Branding 120

Branding 120

The Close

MARCH 4, 2022

One of the worst things about being wrong is that you almost never find out until it’s too late. I hate to say it, but because real estate agents are natural optimists, they seem to get marketing wrong more than most entrepreneurs. I’m sure you can think of an agent right now (maybe even one sitting in the room with you) who keeps making disastrous marketing mistakes and then wonders where all the leads went.

Marketing 119

Marketing Branding Design Agents 119

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

Eye on Housing

MARCH 2, 2022

NAHB analysis of Census Construction Spending data shows that total private residential construction spending rose 1.3% in January after an increase of 2.2% in December 2021. Spending stood at a seasonally adjusted annual rate of $829.4 billion. Total private residential construction spending was 13.4% higher than a year ago. These monthly gains are attributed to the strong growth of spending.

Residential 119

Residential Construction 119

Housing Wire

FEBRUARY 28, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Annapolis, Maryland. Annapolis lies right on the Chesapeake Bay and is within commuting distance to both Baltimore and Washington, D.C.

Marketing 415

Marketing Loan Officer Agents Staging 415

Sotheby's International Real Estate

FEBRUARY 26, 2022

Waking up on the wrong side of the bed is nearly impossible in these dreamy bedrooms, where windows offer vistas of sparkling city skylines, peaceful waters, and majestic mountains. Contemporary California Craftsman. Calabasas, California | Neyshia Go, Sotheby’s International Realty – Beverly Hills Brokerage. On an elevated site off storied Mulholland Drive, this new 8,000-square-foot home combines modern comforts and conveniences with classic Craftsman style.

Brokerage 117

Brokerage 117

The Close

MARCH 1, 2022

Consistently generating real estate buyer leads is what sets successful agents apart, especially early in their careers. If you want to climb the success ladder in the real estate industry, you’ve got to deploy strategies that will create a steady stream of buyer clients. We reached out to real estate high-rollers from across the country to get the inside scoop on the best strategies to spark and cultivate relationships with real estate buyers, and here’s what they had to say. 1.

Agents 116

Agents MLS As-is Closing 116

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Eye on Housing

MARCH 4, 2022

Job growth accelerated in February with widespread gains across industries. Total nonfarm payroll employment increased by 678,000 in February, and the unemployment rate edged down to 3.8%. Construction industry employment (both residential and non-residential) totaled 7.6 million. Residential construction gained 31,000 jobs, while non-residential construction added 29,400 jobs for the month.

Residential 116

Residential Construction Industrial 116

Housing Wire

MARCH 3, 2022

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income. Amid a tough environment for forward mortgage lending, Finance of America is betting on specialty finance & services products – reverse mortgages, investor loans, commercial loans – which are expected to deliver most of the return this year.

Finance 396

Finance Investor Mortgages Commercial 396

Sotheby's International Real Estate

MARCH 3, 2022

Playa Del Carmen, Mexico | Sara Plaga, Riviera Maya Sotheby’s International Realty. They say history is written by the victors. So it’s no surprise that today, women are the winners writing the story—or herstory — of the real estate industry. At a time when workplaces and workforces worldwide are still struggling to achieve equal representation and opportunity, real estate provides a powerful example of how an industry can thrive when both men and women get a seat at the table.

Industrial 115

Industrial 115

HomeLight

FEBRUARY 28, 2022

In 2021, homeowners spent $433 billion improving and maintaining their homes. While it would be great if owners recouped this money when they sold their home, this isn’t always the case. So, should you renovate your house before selling? “I’ve seen examples of both, where people have spent things on the right issues and gotten a pretty good return, and then spent money that, in my estimations, didn’t attract many buyers,” says Robert Ryczek , a top-selling agent in Gainesville, Florida , real es

Renovation 116

Renovation Agents Sales As-is 116

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