Housing Wire

MARCH 17, 2022

Figure , a blockchain-focused financial service company and Apollo , a global alternative asset manager, announced today completing a transaction involving the origination of digital mortgage loans and transfer of ownership via blockchain technology, according to a press release shared with FinLedger. The companies say the secure process was a “first of its kind” in the mortgage industry and has the potential to revolutionize the $3 trillion mortgage ecosystem.

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Lending Technology Loans Mortgages 487

The Mortgage Report

MARCH 14, 2022

When Zillow left the iBuying market, many worried it could contribute to a housing market crash. Here's why that won't happen.

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Marketing 137

RIS Media

MARCH 16, 2022

Many experts’ and analysts’ predictions became a reality Wednesday, as the Federal Reserve confirmed that it would make its first of several interest rate hikes. Fed officials announced that they would raise their benchmark federal-funds rate by a quarter percentage point to a range between 0.25% and 0.5% from near zero. The hike, which will take effect on March 17, is the first increase in rates since 2018.

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Mortgages As-is Marketing 116

Keeping Current Matters

MARCH 18, 2022

Some Highlights. If you’re thinking about selling your house this spring, here are some things you’ll want to tackle before you list. Spend your time on tasks that make it feel inviting, show it’s cared for, and boost your curb appeal. To determine the full list of things you’ll want to tackle for your home, you need the opinion of a trusted expert.

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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 18, 2022

The National Association of Realtors reported that existing home sales for February came in as a miss of estimates at 6.02 million. This level is still within my 2022 forecast sales range between 5.74 million and 6.16 million. Last year I discussed sales levels coming back down to 5.84 million and I am looking for more of the same in 2022, at the 5.74 million level.

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Marketing Investor Sales Days on market 542

Sotheby's International Real Estate

MARCH 12, 2022

Green is a soothing, refreshing hue that brings to mind lush lawns, leafy groves, and idyllic forests. It fills any space with cheer, optimism, and a reminder that spring and summer are right around the corner. Stylish Hideaway in Sonoma. Sonoma, California | Jennifer Powers, Sotheby’s International Realty – Wine Country – Sonoma Brokerage. Blocks from the Sonoma Plaza, this charming three-bedroom home is enveloped in greenery and has an open floor plan ideal for entertaining.

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Brokerage 141

Keeping Current Matters

MARCH 16, 2022

Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home?

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Housing Wire

MARCH 14, 2022

One of the biggest questions in real estate right now is how rising interest rates will impact the housing market. This used to be a pretty easy question to answer: when interest rates go up, it costs more to purchase a home, and demand drops. Price appreciation slows, and homes take longer to sell. More expensive money also meant fewer investors holding homes so inventory would climb too.

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Marketing Investor Mortgages As-is 488

Sotheby's International Real Estate

MARCH 15, 2022

Once an idyllic rural farming region, the Round Hill area of Greenwich has roots dating to the 17th century, when Dutch and English settlers moved inland from the coast or retreated from the bustle of the burgeoning city of New York—then known as New Amsterdam. As the years passed, farming continued, with some properties ultimately converted into residential country estates.

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Residential 135

HomeLight

MARCH 15, 2022

At first, it might seem heartbreaking. Fork over 6% of your home’s sale proceeds to a total stranger? Why use a real estate agent at all? In his 9 years of professionally helping homeowners get more bang for their listing, top real estate agent Nick Hundley knows a thing or two about the answer to that question. “One of the biggest roles that we play as realtors is minimizing the risk or liability that the sellers are putting themselves in when they try to sell their house,” Hundley says.

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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

Keeping Current Matters

MARCH 15, 2022

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home.

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Closing costs Closing 291

Housing Wire

MARCH 18, 2022

Veteran mortgage executive Bill Dallas has left his position as president of Finance of America Mortgage amid larger changes to the Texas-based nonbank lender’s C-Suite and business lines. Dallas, a seasoned entrepreneur, joined FoA Mortgage four years ago after selling one of his companies to Finance of America Companies, the Blackstone Group -controlled parent company.

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Finance Mortgages Commercial Lending 497

Sotheby's International Real Estate

MARCH 14, 2022

Dreaming of a luxurious winter getaway is a welcome escape from our everyday routines. While hitting the slopes might immediately come to mind, the relaxation of an après-ski abode is an equal component of a wintery dreamscape. In the heart of some of the world’s most famous snow-capped precipices, these exceptional properties will elevate your mountain retreat to new peaks of opulence.

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Real Trends

MARCH 14, 2022

Cryptocurrency and the future of payments continue making headlines in 2022. From the everyday person selling a condo as an NFT (non-fungible token) to Warren Buffet investing $1 billion in a crypto-friendly bank , it’s clear that blockchain technology, tokenization and digital assets are here to stay. To some, blockchain real estate may sound just as bizarre as meme coins (such as Shiba Inu or Dogecoin) or Pringles’ new flavor NFT.

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Industrial Investor Technology Commercial 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

Keeping Current Matters

MARCH 17, 2022

For the first time in a long time, the number of newly listed homes is beginning to rise.

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Marketing 290

Housing Wire

MARCH 17, 2022

Today, the U.S. Census Bureau released their construction report for February, showing a positive trend in housing construction data with a lovely print in housing permits at 1,859,000 and housing starts at 1,769,000. The previous months of housing data have been positively revised higher as well, so this is a solid report on all fronts. Of course, that’s until you look at the housing completion data, which hasn’t gone anywhere in years.

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Construction Sales Mortgages As-is 488

Lighter Side of Real Estate

MARCH 15, 2022

People who are thinking of selling their house often wonder what they can do to increase the appeal of their house so that they can get their home sold for as much money as possible and as quickly as possible. Many think that updating their kitchen or bathrooms, or even adding an addition will do the trick. In a sense, they will. If you do a major renovation or addition, it’ll surely increase how much your house will sell for, and there’s a good chance it’ll sell more quickly if you do substanti

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Renovation As-is Agents Marketing 123

Eye on Housing

MARCH 16, 2022

The prices of goods used in residential construction ex-energy climbed 1.6% in February (not seasonally adjusted), according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials prices increased 20.4%, year-over-year, and have risen 31.3% since January 2020. Over the past five months, the index has climbed 10.6%.

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Residential Construction 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

Keeping Current Matters

MARCH 14, 2022

If you’re thinking of selling your house this year, timing is crucial.

Marketing 279

Marketing 279

Housing Wire

MARCH 16, 2022

The Federal Open Market Committee on Wednesday raised the federal funds rate for the first time in four years, marking an end to the easy money that gave rise to the hottest mortgage market in U.S. history. The FOMC, as was predicted, raised the federal funds rate by 25 basis points to 0.25-0.50 percent, the first time the FOMC has changed the federal funds rate in two years, and the first rate hike since March 2018.

Mortgages 468

Mortgages Design Investor Marketing 468

Maximum Exposure Real Estate

MARCH 14, 2022

Everything to Know About Cash Offers in Real Estate If you are preparing to buy or sell a home, a cash offer could be involved. A cash offering on a home can happen during any transaction and appeal to home sellers. Any real estate agent will tell you that cash sales are highly desirable. Cash […]. The post What is a Cash Offer in Real Estate appeared first on Maximum Real Estate Exposure.

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Agents Sales Marketing 122

Eye on Housing

MARCH 17, 2022

Single-family starts posted a small increase in February, as lack of resale inventory continues to support housing demand despite higher interest rates. The availability of materials, lumber, labor and lots remain key headwinds, with access to labor in particular likely to become more challenging in 2022. Overall housing starts increased 6.8% in February to a seasonally adjusted annual rate of.

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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

Sotheby's International Real Estate

MARCH 16, 2022

Featuring curated videos from the most sought-after destinations the world over, discover this week’s V ideo of the Week. ?. Tel Aviv, Israel | Shelly Belzer Shmelzer, Israel Sotheby’s International Realty. The world-class residence showcasing scenic views of the Mediterranean Sea, the historic glory of Old Jaffa, Tel Aviv’s skyline and its White City heritage situated in the most desirable location.

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Housing Wire

MARCH 16, 2022

On Wednesday the Federal Reserve hiked interest rates 0.25%, which has forced me to raise my second recession red flag on this historic economic recovery and expansion. From the Federal Reserve : Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially.

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Mortgages Staging Branding As-is 476

Coldwell Banker

MARCH 16, 2022

Earth Day is on April 22, and there are so many ways to join the movement. The post 5 Ways to Celebrate Earth Day appeared first on Coldwell Banker Blue Matter.

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Eye on Housing

MARCH 14, 2022

As described in a previous post, NAHB’s recently released its 2022 Priced-Out Estimates, showing that 87.5 million households are not able to afford a median priced new home, and that an additional 117,932 would be priced out if the price goes up by $1,000. A second post showed the households priced out by higher interest rates. This post focuses on.

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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

HomeLight

MARCH 18, 2022

You’re a weekend warrior who likes to dive into home projects to save money. Why should selling your home be any different? Using a flat fee MLS listing to potentially save thousands of dollars in real estate commissions could put that money directly in your pocket. But is selling the house yourself really worth your time and energy? Before you go the For Sale By Owner (FSBO) route, consider what real estate expert Joe Bourland says about being your own agent.

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MLS Sales Purchase and sale agreement Agents 115

Housing Wire

MARCH 18, 2022

When Curtis Mangus of Premier Mortgage Resources in Meridian, Idaho looked into pivoting into reverse after serving decades in the traditional mortgage business, he asked his managing partner at the lender about its reverse mortgage department. The partner smiled. “ You are the reverse mortgage department,” he said. Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mor

Loans 510

Loans Closing Mortgages Equity 510

RIS Media

MARCH 18, 2022

Real estate has—and always will be—a customer-first industry. Customer service is the backbone of real estate; it could be the difference between landing future referrals and losing out on repeat clients. With people more connected to industry information, including the state of the economy, interest rates, supply chain’s effects on pricing, inventory availability and more, knowing how to serve those clients is more important than ever.

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Eye on Housing

MARCH 16, 2022

Ongoing lumber and building material supply-side constraints and rising construction costs and expectations of higher interest rates continue to negatively affect builder sentiment even as buyer demand remains relatively solid. Builder confidence in the market for newly built single-family homes moved two points lower to 79 in March from a downwardly revised reading in February, according to the National Association.

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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