HomeLight

MAY 19, 2022

As a homeowner, you love the idea of green energy , and installing solar panels to help the environment. And if you can save money by adding some green to your wallet, that’s even better! In order to understand if your initial investment will make financial sense, you need to know more about solar panels and how they could add value to your home. To shine some light on the subject, we’ve researched and interviewed experts who know all about solar panels.

Purchase and sale agreement 122

Purchase and sale agreement Debt-to-income ratio Finance Loans 122

Realty Biz

MAY 15, 2022

When you are looking to sell your home, it is essential to have a fair and accurate price. Overpricing leads to failure. Under pricing leads to money left on the table. On the other hand, when you’re buying a home, the last thing you want to do is overpay. This is where “comps” come into play. Real Estate comps are comparable properties that have recently sold in your general area.

Sales 141

Sales Agents MLS Equity 141

Housing Wire

MAY 19, 2022

Skyrocketing mortgage rates and a slowdown in new home constructions led to a drop in home purchases in April. Mortgage applications for new home purchases dropped 10.6% in April from the same period last year, according to the Mortgage Bankers Association builder application survey. Compared with last month, applications dropped by 14%. . MBA estimates that about 701,000 new homes were sold in April at a seasonally adjusted annual rate, marking a decline for five consecutive months.

VA loan 459

VA loan FHA loan Construction Loans 459

Keeping Current Matters

MAY 19, 2022

A recession does not equal a housing crisis.

Marketing 307

Marketing 307

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

Development

Eye on Housing

MAY 20, 2022

NAHB’s analysis of Census Data from the Quarterly Starts and Completions by Purpose and Design survey indicates custom home building posted a year-over-years gain for the first quarter of 2022. There were 46,000 total custom building starts during the first quarter of the year. This marks a 28% increase from the first quarter of 2021. Over the last four quarters, custom housing.

Design 142

Design 142

Sotheby's International Real Estate

MAY 17, 2022

The award-winning firm of VanderHorn Architects in Greenwich, Connecticut, prides itself on designing homes inspired by the rich stylistic traditions of the past. That creative vision is crystal clear at this French Norman–style manor set near the banks of the far reaches of Greenwich Cove in Riverside. With its grand proportions, steep hipped rooflines, and ivy-draped stone walls, it would be equally at home in the countryside of France.

Banks 133

Banks Design As-is 133

Keeping Current Matters

MAY 20, 2022

Some Highlights. If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents. Experts say owning a home is historically a good hedge against inflation.

Mortgages 278

Mortgages 278

Eye on Housing

MAY 17, 2022

In a sign that the housing market is now slowing, builder confidence took a steep drop in May as growing affordability challenges in the form of rapidly rising interest rates, double-digit price increases for material costs and ongoing home price appreciation are taking a toll on buyer demand. Builder confidence in the market for newly built single-family homes fell eight.

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As-is Marketing 142

HomeLight

MAY 20, 2022

There are a million competing priorities when you’re preparing to list your home on the real estate market. For example, does your home have adequate curb appeal? Is it worth replacing the worn-out windows in your guest bedroom? How essential are appliances and countertops in the kitchen? How important is flooring? At the end of the day, your buyers may simply have different tastes than you do — and they might choose to redo the floors regardless of what investments you’ve decided to make.

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Staging Agents As-is Lending 126

Housing Wire

MAY 18, 2022

The U.S. Census Bureau released their new residential construction report for April, showing a miss on the estimate and a negative revisions data line, which I believe is lagging behind the current market reality. Housing starts came in at 1.724 million , and housing permits came in at 1.819 million — both are still very healthy numbers. However, the sting of higher mortgage rates is hitting the single-family construction data, and the real story is that the housing completion data, which has be

Mortgages 493

Mortgages Construction Loans Residential 493

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

Keeping Current Matters

MAY 17, 2022

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you.

Mortgages 251

Mortgages Marketing 251

Eye on Housing

MAY 19, 2022

According to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design, during the first quarter of 2022 single-family attached starts totaled 36,000, which is 16% higher than the first quarter of 2021. Over the last four quarters, townhouse construction starts totaled 152,000 units, 25% higher than the prior four quarter total (122,000).

Construction 137

Construction Design 137

Sotheby's International Real Estate

MAY 14, 2022

For the busy professional, having a home office can be non-negotiable. These studious, aesthetically pleasing spaces in homes from East Coast to West boast designs that balance elegance and efficiency. Upper East Side Sophistication. Robert E. Doernberg, Sotheby’s International Realty – East Side Manhattan Brokerage. High above Lenox Hill, this six-bedroom duplex condominium is flooded with light and revels in stunning skyline, East River, and Central Park views.

Brokerage 125

Brokerage Design 125

Housing Wire

MAY 19, 2022

Purchase mortgage rates this week averaged 5.25%, down five basis points from a week ago , as some individuals put the American homeownership dream on standby due to higher rates and surging home prices, according to the latest Freddie Mac PMMS. This time a year ago, the 30-year fixed-rate purchase rates were at 3%, the report shows. The government-sponsored enterprise (GSE) index accounts for just purchase mortgages reported by lenders during the past three days.

Mortgages 488

Mortgages Fixed-rate mortgage Banks Loans 488

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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

MAY 16, 2022

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.

Marketing 251

Marketing 251

HomeLight

MAY 19, 2022

Looking to sell a house “as is” in Maryland? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. There are some misconceptions about what “as is” means, says top-rated Maryland real estate agent Juan Umanzor. “I get a lot of sellers who say, ‘Juan, we’re going to make some updates to this home, but we don’t want to do anything else.

As-is 119

As-is Inspection Investor Closing costs 119

Sotheby's International Real Estate

MAY 16, 2022

From a US$26.9M sale in Newport Coast, California to a JPY ¥800m sale in Nagano, Japan, here are five of the most notable sales from March 2022 represented by the Sotheby’s International Realty® global network. Newport Coast, California. John Cain | Pacific Sotheby’s International Realty, $26,995,000. Pebble Beach, California. Canning Properties Group | Sotheby’s International Realty – Carmel Brokerage, $18,500,000.

Sales 120

Sales Brokerage 120

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. That’s the consensus forecast of a panel of non-agency industry experts who spoke at the Mortgage Bankers Association ’s (MBA’s) Secondary and Capital Markets Conference & Expo in New York City this week. .

Industrial 476

Industrial Loan Officer Fixed-rate mortgage Lending 476

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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

MAY 18, 2022

If you're trying to decide whether to rent or buy a home, you're probably weighing a few different factors.

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250

Eye on Housing

MAY 18, 2022

The single-family built-for-rent sector continues to expand as housing affordability headwinds increase. According to NAHB’s analysis of data from the Census Bureau’s Quarterly Starts and Completions by Purpose and Design, there were approximately 13,000 single-family built-for-rent (SFBFR) starts during the first quarter of 2022. This is a 62.5% gain over the first quarter 2021 total.

Design 117

Design As-is 117

HomeLight

MAY 17, 2022

Real estate hacks for buying and selling your way to wealth can be hard to find. Maybe the allure of a quick win or the challenge of scoring a good deal is too good to resist. Is buying a foreclosed house for dummies a hack that would work for you? Find out: Here are the 11 steps to buying foreclosed homes for dummies. Step 1: Be clear on why you want to buy a foreclosure.

Inspection 115

Inspection Banks Short sale Title 115

Housing Wire

MAY 19, 2022

Madison-based Fairway Independent Mortgage Corp. appears to be the latest mortgage lender to cut jobs due to the challenging origination market, showing that surging mortgage rates and home prices are now affecting companies with a high share of purchase loans in their portfolios. Fairway staff across the country received phone calls last week from their supervisors announcing they were part of a round of layoffs, a dozen former employees told HousingWire over the last few days.

Loans 476

Loans Mortgages Technology Finance 476

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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

MAY 18, 2022

How high will mortgage rates go? See mortgage rate predictions for mid- to late-2022 from eight industry-leading housing experts.

Mortgages 115

Mortgages Industrial 115

Maximum Exposure Real Estate

MAY 17, 2022

Have you seen the letters CDOM in some real estate listing websites and wondered what it meant? CDOM and DOM are two acronyms you will likely see when looking for a home to purchase. These real estate terms are similar but have slightly different meanings. CDOM stands for cumulative days on market and DOM stands […]. The post What Does CDOM Mean in Real Estate appeared first on Maximum Real Estate Exposure.

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Days on market Marketing 114

Sotheby's International Real Estate

MAY 18, 2022

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week. ?. Queenstown, New Zealand | Gerard Bligh & Hadley van Schaik, New Zealand Sotheby’s International Realty . This single level, three bedroom, two bathroom home is set on an easy care elevated approximately 700-square-meter section within a peaceful enclave of Jack’s Point.

Land 113

Land 113

Housing Wire

MAY 20, 2022

Fannie Mae has executed its fifth Credit Insurance Risk Transfer (CIRT) deal of 2022, providing up to $733.3 million in mortgage-risk coverage for the private market. The transaction, CIRT 2022-5 involved a covered loan pool of 67,700 single-family mortgages with a total unpaid principal balance of about $21 billion. The loans in the pool are fixed-rate mortgages with mostly 30-year terms and loan-to-value ratios ranging from 80.1% to 97%, according to Fannie’s statement announcing the deal.

Principal 448

Principal Fixed-rate mortgage Loans Mortgages 448

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

Lighter Side of Real Estate

MAY 17, 2022

People often envision young adults graduating from college, landing a job, and renting their own place to live. While it was never easy, that path has become more and more difficult to attain in a straight line. College isn’t cheap, and many grads are starting their adult lives with a heap of student loans and jobs that may not pay as much as it costs to live independently.

Land 112

Land Mortgages Loans As-is 112

The Mortgage Report

MAY 19, 2022

Skyrocketing home prices have some buyers worried about their new home's value dropping. While a small correction could come, the market should stay stable.

Marketing 112

Marketing 112

The American Genius for Real Estate

MAY 18, 2022

Housing starts for April stagnated, marking the second consecutive months of declines, and more renters being left out of this shifting market. The post Housing starts stagnate, market conditions are rapidly shifting appeared first on The American Genius Real Estate.

Marketing 111

Marketing 111

Housing Wire

MAY 19, 2022

The Community Home Lenders Association (CHLA) sent a letter, signed by 41 independent mortgage banks, to the Federal Housing Administration (FHA) on Wednesday urging the administration to cut mortgage insurance premiums. The letter, which includes signatures from South Carolina-based Movement Mortgage , Cherry Creek Mortgage , Texas-based Thrive Mortgage and Draper & Kramer Mortgage , advised the FHA to get rid of its life of loan policy and reduce the annual premiums by 30 basis points to.5

Loans 448

Loans Mortgages Equity Banks 448

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