Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And the company claims that there is already a waitlist for the product. According to Milo’s press release , clients who use the company’s services can pledge their Bitcoin to purchase a property. The company notes that this way, homebuyers can continue to own their Bitcoin and diversify into real estate, while potentially pocketing the price appreciation of both.

Mortgages 501

Mortgages Pre-qualification Pre-approval Lending 501

Keeping Current Matters

JANUARY 18, 2022

As you plan out your goals for the year, moving up to your dream home may top the list.

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RIS Media

JANUARY 16, 2022

There is one common element to all real estate purchases. It would be best to make sure that the property you are interested in has a clear title. As obvious as this step seems, many seem to ignore it. However, always keep in mind that problems with the property titles generate most issues experienced during real estate transactions. Taking this home buying step seriously is critical.

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Title search Title Inspection Agents 124

Maximum Exposure Real Estate

JANUARY 18, 2022

Are Fixes Mandatory For A Seller After an Inspection? Many potential buyers ask if a seller must make fixes after a house inspection. The answer is no. There are no mandatory repairs for a home seller after the home inspection. There are no legal requirements for a seller to change their property when selling. It […]. The post What Problems Must Be Fixed After a Home Inspection appeared first on Massachusetts Real Estate Exposure.

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Inspection 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

JANUARY 21, 2022

Despite the expected rise in interest rates, the single-family housing market will continue to be boom in 2022, according to a report published by Freddie Mac this week. Sam Khater, chief economist at Freddie Mac, said in a statement that the “combination of a large number of entry-level homebuyers facing a shortage of entry-level inventory of homes for sale should keep the housing market competitive.”.

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Fixed-rate mortgage Mortgages Lending Sales 482

Keeping Current Matters

JANUARY 21, 2022

Some Highlights. According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row. Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable and secure asset that can grow in value over time. Reach out to a trusted advisor today if you’re ready to make real estate your best investment this year.

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Marketing 280

Better Dwelling

JANUARY 20, 2022

Canada’s central bank is preparing to raise rates, and everyone is trying to guess what this means. The BC Real Estate Association (BCREA) is the latest to forecast the impact of a rising overnight rate. If the Bank of Canada (BoC) hikes as expected, BC home sales will see a modest decline. Home sales are […]. The post Bank of Canada Raising Rates Can Drop Real Estate Sales Over 50%: BCREA appeared first on Better Dwelling.

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Banks Sales As-is 143

Housing Wire

JANUARY 20, 2022

The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Most economists believe rates will continue to climb in the weeks and months ahead. “Mortgage rates moved up again as the 10-year U.S.

Fixed-rate mortgage 482

Fixed-rate mortgage Mortgages Lending Loans 482

Keeping Current Matters

JANUARY 17, 2022

Homeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing.

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Eye on Housing

JANUARY 20, 2022

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). However, supply has continued to lag due to ongoing supply-chain disruptions and inventory fell to lowest level since January 1999, keeping home prices elevated and pricing out first-time and young buyers.

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Sales Mortgages 131

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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 Mortgage Report

JANUARY 18, 2022

Is it cheaper to build or buy a house? Endless variables can change the answer. But this article can help you weigh the costs and benefits of both options.

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Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents. FinCEN’s proposed regulation, outlined in an “advanced notice of proposed rulemaking” published in the Federal Register , seeks to create general recordkeeping and reporting mandates — n

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Agents Title Residential Finance 468

Keeping Current Matters

JANUARY 19, 2022

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%.

Mortgages 306

Mortgages Marketing 306

Maximum Exposure Real Estate

JANUARY 17, 2022

Comparing a Townhouse to a Condominium Do you know the difference between a condo and a townhouse? If you are shaking your head, no, you’re not alone. The condo vs. townhouse topic is confusing, even for some real estate agents who don’t know the key differences. While these property types hold some similarities, there are […]. The post Townhouses vs.

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Agents Marketing 129

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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

Realtor.com

JANUARY 20, 2022

Getty Images So far, the start of 2022 has given us a heavy dose of deja vu. The COVID-19 pandemic continues to rage on. Mask mandates have returned. “Joe Millionaire” is back on TV. (We did a double take, too.). With everything seeming bleakly the same, it makes sense that you might want to make something in your life look different—even if the world outside continues to feel rote.

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Design New Construction As-is Construction 128

Housing Wire

JANUARY 20, 2022

In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to a report by the National Association of Realtors , published on Tuesday. NAR Research has tracked the number of homes viewed since 1987 and eight is the lowest number on record. Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful.

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Technology Sales As-is Agents 448

Keeping Current Matters

JANUARY 20, 2022

One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy?

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Marketing 289

Sotheby's International Real Estate

JANUARY 18, 2022

Provenance can infuse a home with a special magic. In a neighborhood of stately old brownstones lies this charming, cheerful bijou with its own unique story: American petroleum executive, entrepreneur, and bon vivant Armand Hammer bought these two structures—a 19th-century carriage house and an early-20th-century artist’s studio—transforming them into one enchanting residence.

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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

Realty Biz

JANUARY 17, 2022

It’s no secret that houses with great landscaping have a more attractive curbside appeal. When it comes to increasing the value of your home, revamping your landscaping and hardscaping can make a bigger difference than you might think. When looking at ideal homes, 90% of Americans would like a home that has lush landscaping. In the real estate market, houses with landscaping are not only more attractive to potential buyers because of the curbside appeal, but also because they offer outdoor

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Renovation Design As-is Marketing 127

Housing Wire

JANUARY 19, 2022

After posting a double digit gain in November , housing starts were up yet again in December, rising 1.4% month over month to a seasonally adjusted annual rate of 1.70 million according to a report released Wednesday by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest level housing starts have reached in the past nine months.

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Construction New Construction Development Mortgages 466

Eye on Housing

JANUARY 19, 2022

Home building ended 2021 with strong annual gains as demand accelerated in the wake of the pandemic. These annual gains were realized despite supply-chain limitations for materials and ongoing access issues for labor and lots. Single-family starts ended 2021 with a 13.4% increase for a total of 1.123 million starts. Multifamily 5+ unit construction ended the year with a 22.1%.

Construction 126

Construction 126

Brownstoner

JANUARY 19, 2022

Roll the credits! The Court Street Regal Cinema has permanently closed after more than two decades, leaving nostalgic Brooklynites devastated at the loss of the quasi-historic movie house. Former Brooklyn Paper scribe Ben Verde, who described himself simply as a “devastated moviegoer,” shared on social media that he would “physically… Read More > The post Brooklyn Heights Movie Theater Court Street Regal Cinema Shutters appeared first on Brownstoner.

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Closing 122

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

Realty Biz

JANUARY 21, 2022

Data from the Commerce Department shows that builders boosted construction activity as best they can in 2021 to meet buyer’s insatiable demand for new homes. The data shows that single-family home starts grew 13.4% in 2021 compared to the year before. However, those hoping for a repeat in 2022 may be disappointed, as builders say supply chain challenges mean they’ll struggle to maintain that pace.

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Construction As-is Mortgages Sales 121

Housing Wire

JANUARY 18, 2022

Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The total number of loans in forbearance decreased by 26 basis points, to 1.41% in December from 1.67% in November , according to the Mortgage Bankers Association (MBA). The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 51 basis points to 3.43%.

Loans 435

Loans Staging Mortgages Industrial 435

Eye on Housing

JANUARY 21, 2022

According to the U.S. Census Bureau, the of the United States increased by 393,000 to an estimated 332 million from the previous year. In 2021, the estimated population growth rate of 0.12 percent was the lowest since the Bureau began collecting this data beginning in 1900.

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Easy Agent Pro

JANUARY 17, 2022

Spending time on social media without a social media strategy is a lot like going to the grocery store on an empty stomach. Without a list (a plan) you’ll most likely wander aimlessly down the aisles grabbing whatever looks good, calories and nutrition be darned. It’s the same with your social media marketing plan. Without a strategy you’re most likely throwing ideas against the wall, hoping something will stick. .

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Agents As-is Industrial Marketing 112

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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

Realty Biz

JANUARY 21, 2022

More than ever, it’s important to make meaningful connections. While some think digital tools make business less personal, I argue they actually improve one’s ability to deliver personalized experiences in less time. I’ve designed my real estate company, Modern Properties, around tools that help my team and I provide strategic high-touch service. As agents, we act as clients’ trusted advisers, counselors, and friends throughout the property selling and buying process.

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Technology Branding Banks As-is 119

Housing Wire

JANUARY 21, 2022

The United States Court of Appeals for the Fourth Circuit ruled on Wednesday that borrowers can pursue a class action lawsuit against Carrington Mortgage Services regarding the fees it applied when collecting payments online or by phone. The plaintiffs – Ashly Alexander and Cedric Bishop – brought the case in September 2020, alleging that the mortgage servicer violated Maryland’s debt collection and consumer protection statutes by illegally charging $5 for monthly payments online or by pho

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Mortgages Loans Design As-is 434

Eye on Housing

JANUARY 18, 2022

Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built single-family homes moved one point lower to 83 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

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Marketing 119

Realtor.com

JANUARY 19, 2022

Photo courtesy of Clare Trapasso When I started looking for a home during the COVID-19 pandemic, I thought I had a good idea of what I was up against. As a real estate reporter and editor, I was writing stories each week about home prices hitting record highs, inventory shriveling up, and bidding wars going insane—especially in the suburbs where my partner and I were looking.

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Pre-approval Banks Closing Mortgages 110

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