Housing Wire

APRIL 16, 2021

Housing starts jumped in March, recovering from a bleak February that included wild winter storms in the South, according to a recent report from the Census Bureau. Single-family housing starts rose 15.3% over the month to a pace of 1.24 million annualized units. That’s up 37% from a year ago, but it’s important to take into account that the COVID-19 virus first took hold of the housing market in March 2020, said Doug Duncan, chief economist at Fannie Mae. “The March pace was t

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Inventory Housing Market Marketing Supply Chain 545

Sacramento Appraisal Blog

APRIL 13, 2021

It feels like chaos out there. The housing market is on steroids and it’s mind-blowing to see such rapid growth lately. Today I want to unpack ten things I’m watching in today’s market. For my out-of-area readers, I’m guessing you are probably seeing the same trends. But please let me know. What is similar or […].

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Housing Market Marketing Appraisal Real Estate 378

The Appraiser Coach

APRIL 13, 2021

Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few. Read More.

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Appraisal Inspection Advertising Business 370

Cleveland Appraisal Blog

APRIL 15, 2021

Hello everyone! I am honored to welcome back Author Jessica Brody , with a new and timely article that I think you will find helpful if you’re looking to buy a home. Enjoy! The Complete Guide to Virtual House Hunting During COVID-19. Whether you were already diving into the home buying process when COVID-19 hit the headlines, or you were just thinking about getting started, home buyers everywhere are wondering if they can go forward with their moving plans.

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Appraisal Real Estate Real Estate Agent Tools 195

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

Construction

Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. The Lone Star State’s friendly tax policies combined with the city’s huge tech scene and its cool factor have made it a destination for Silicon Valley types for several years. In addition to the same demographic factors driving growth elsewhere — all those millennials buying homes — the number of companies relocating there is a huge draw.

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Housing Market Buyers Marketing Real Estate Agent 535

Realtor

APRIL 14, 2021

Getty Images Even during the COVID-19 pandemic, people want—and need—to buy homes. The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. “There is a shortage of houses in many markets. This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at Homebridge Financial Services.

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Mortgage Real Estate Agent Real Estate Buyers 159

GoForrmz

APRIL 12, 2021

Augment your manufacturing contracts with these powerful fields and features Digital form fields and features can significantly improve the completeness and professionalism of your manufacturing contracts and service agreements. Your manufacturing forms can be easily digitized for use on phones, tablets, and computers, making it easy to generate and dispatch forms from any location.

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Housing Wire

APRIL 16, 2021

Another 2 million borrowers could save an average of nearly $300 a month on a refinance thanks to last week’s 10-basis-point drop in mortgage rates. Recent data from Black Knight found the number of high-quality refi candidates moved back up to 13 million last week — potentially putting $3.6 billion back in to homeowners pockets. On March 25, the data analytics company reported 7 million high-quality candidates fell through the cracks on the market’s “forever rates” after

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Mortgage Marketing Housing Market 505

Working RE

APRIL 13, 2021

“One of the best courses that I have had in 17 years!” -Amy H >> OREP E&O ????? “They are knowledgeable, professional, and understand urgency.” – Joe Thweatt Editor’s Note: This article is reprinted from Freddie Mac’s Single-Family division. The Effect of COVID-19 on Appraisal by Danny Wiley, Senior Director of Valuation for Single-Family […].

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Appraisal Valuation Real Estate 148

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Real Estate

Appraiserblogs

APRIL 12, 2021

For all the talk about how important appraisers are to risk management by the GSEs, we really aren’t. There is a compelling blog post using AEI data by Ryan Lundquist over at Sacramento Appraiser Blog. Appraisal waivers have really exploded in recent years – especially during the pandemic. But how many are there exactly? Let’s look at actual numbers to walk away with some perspective.

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Appraisal Training 137

GoForrmz

APRIL 13, 2021

Elevate your approval workflows with Signature fields configured to ‘clear’ as soon as a form field is edited Configuring your electronic Signature fields to clear as soon as another field has been edited can help to eliminate miscommunication, avoid oversight, and minimize disputes regarding approvals and authorizations. For example, imagine you are a job site superintendent responsible for signing off on a form detailing the steps of a critical safety review.

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Housing Wire

APRIL 15, 2021

In modern history, the housing market has never seen a month like March. Record demand and the lowest levels of inventory on record pushed sales prices to record highs in March and made life very complicated for buyers, real estate agents, builders and lenders across the United States. The national median home-sale price hit a record high of $353,000 in March — up 17% from 2020 — according to a new report from Redfin.

Housing Market 497

Housing Market Marketing Real Estate Agent Real Estate 497

Chicagoland Appraisal Blog

APRIL 11, 2021

When Zillow first came out, real estate appraisers would often hear “Zillow says my home value is…” This is usually followed by a cringed face and sigh. To put this debate to rest, o ur lead appraiser John did a sampling of recently appraised homes in Chicago to see how Zillow stacks up against a local real estate appraiser. We first started at what Zillow says about the accuracy of Zestimates.

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Appraisal Real Estate Real Estate Agent Sellers 135

Appraiserblogs

APRIL 15, 2021

I just got out of an interesting conversation I had with my CPA. Eventually, our conversation veered onto the topic of work. I was curious about what it takes to get into his field (not that I’m interested in getting into it at all). We talked about our respective professions and about changes occurring in the real estate appraisal field. We got into talking about what it means to be a CPA, which is different than being an accountant.

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Appraisal Real Estate 121

DataMaster

APRIL 15, 2021

Who’s happy at their job? Real estate appraisers are! Appraisers have higher-than-usual job satisfaction. With an impressive job satisfaction rating of 79.4 percent , real estate appraisers in the United States are generally much happier at their jobs than other Americans are. It’s a sad truth, but only a pitiful 54 percent of American workers report that they are satisfied with their jobs!

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Appraisal Inspection Real Estate Business 97

Housing Wire

APRIL 16, 2021

There’s no denying shopping for a home is time-consuming. You have to pay attention to everything – the neighborhood, floorplan, proximity to work, school district and cost. Even if you plan to live in the home for years, you want features that’ll increase your property’s value for when the time eventually comes to sell it. And while homeowners often scramble to renovate kitchens and bathrooms, remember to pay attention to your yard’s foliage. .

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Renovations Sellers Buyers Real Estate 476

McKissock

APRIL 14, 2021

How many of your real estate clients have used you before in a home sale? A survey by the National Association of REALTORS® (NAR) said 91 percent of buyers would likely use the same real estate sales agent again or recommend them to a friend. Unfortunately, that number is much higher than clients who actually did use the same agent again. This incredible gap is ultimately caused by lack of follow-up, not staying in touch, and poor client tracking on the part of real estate agents.

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Real Estate Clients Business Real Estate Agent 86

BiggerPockets

APRIL 16, 2021

Shark Tank's Barbara Corcoran has dealt with her fair share of market downturns—and she knows how to find opportunity in a struggling economy. Here, read her top five tips on becoming (or staying) successful in trying times.

Marketing 81

Marketing Business Real Estate 81

DataMaster

APRIL 15, 2021

Who’s happy at their job? Real estate appraisers are! Appraisers have higher-than-usual job satisfaction. With an impressive job satisfaction rating of 79.4 percent , real estate appraisers in the United States are generally much happier at their jobs than other Americans are. It’s a sad truth, but only a pitiful 54 percent of American workers report that they are satisfied with their jobs!

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Appraisal Inspection Real Estate Business 78

Housing Wire

APRIL 15, 2021

The average U.S. mortgage rate fell for the second consecutive week, down nine basis points to 3.04%, according to Freddie Mac’s Primary Mortgage Market Survey. Despite rates mirroring mid-march levels, Sam Khater, Freddie Mac’s chief economist, doesn’t expect them to hold. “The economy is improving on the demand side and on the supply side, a variety of goods and materials remain scarce,” said Khater. “As a result of this imbalance, pricing pressures are building and cau

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Mortgage Investors Marketing 474

Empire Appraisal Group

APRIL 15, 2021

The Untethered Worker Is the New Sunbird. Source: The Untethered Worker Is the New Sunbird | Florida Realtors. By Jennifer Quinn. Florida Realtors economist : Turning seasons into verbs – “We wintered in Florida” – was once a trait of wealthy retirees. But a newly untethered workforce working at home because of the pandemic is now also considering weather-based migration, albeit a little differently.

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Realtors Buyers Marketing Inventory 78

BiggerPockets

APRIL 16, 2021

Your tenant application should cover much more than the basics of name, address, and references. Get a full snapshot of each applicant with these questions.

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Tenants Landlords Real Estate 78

DataMaster

APRIL 15, 2021

Who’s happy at their job? Real estate appraisers are! Appraisers have higher-than-usual job satisfaction. With an impressive job satisfaction rating of 79.4 percent , real estate appraisers in the United States are generally much happier at their jobs than other Americans are. It’s a sad truth, but only a pitiful 54 percent of American workers report that they are satisfied with their jobs!

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Appraisal Inspection Real Estate Business 78

Housing Wire

APRIL 13, 2021

SentriLock , the home lockbox company wholly owned by the National Association of Realtors (NAR), announced Tuesday that they created a computer and smart phone platform to help real estate agents juggle their home showing appointments. The development is intriguing for a few reasons. For one, SentriLock, which is a 19-year-old company located a few miles north of Cincinnati, said the product is an attempt to compete against ShowingTime , which is the industry leader in the home-showing appointm

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Real Estate Agent Real Estate Brokerage Realtors 435

Realtor

APRIL 14, 2021

Getty Images Even during the COVID-19 pandemic, people want—and need—to buy homes. The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. “There is a shortage of houses in many markets. This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at HomeTown.

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Mortgage Real Estate Agent Real Estate Buyers 78

BiggerPockets

APRIL 12, 2021

The United States is awash in debt—trillions of dollars of debt, in fact. But understanding the sheer scope of that debt is difficult. Here are some charts to help you visualize.

Real Estate 78

Real Estate Finance 78

GoForrmz

APRIL 13, 2021

Publish updates to your form Templates while protecting data collected within previous versions, with Template Versioning Template Versioning allows users to Publish updates to their form Templates. Each time a Template is Published , a new version becomes available for future forms to be created from. These published changes do not impact forms created from the original version of the Template.

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Tools 78

Housing Wire

APRIL 13, 2021

A perfect storm of record low interest rates and shifting consumer behavior spurred by the COVID-19 pandemic resulted in an absolutely incredible year for mortgage lenders in 2020, especially the independent mortgage banks. Virtually every IMB saw origination volumes soar in 2020, with many eclipsing $40 billion in originations, according to the Consumer Financial Protection Bureau ‘s Home Mortgage Disclosure Act data.

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Mortgage Lending Finance Marketing 435

REX Real Estate

APRIL 13, 2021

12 Spring Cleaning Tips and Tricks for 2021 Doesn’t everyone love the feel of…

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Home Improvement 74

BiggerPockets

APRIL 11, 2021

Tiffany Aliche is back for her third appearance on the BiggerPockets Money Show! We’ve talked to her about how to teach your children about money and climbing out from financial […].

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Real Quantum

APRIL 13, 2021

What Does a Commercial Real Estate Appraiser Do? W hen people think of appraisers they usually think of residential appraising. Most people’s only experience with an appraiser is when they buy a home. The role of commercial real estate appraiser may not be as well-known, but they have many similarities. What does a commercial real estate appraiser do?

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Real Estate Appraisal Valuation Construction 69

Housing Wire

APRIL 13, 2021

A new report from Redfin shows that homes listed midweek sell for an average of $1,700 more than homes listed on the weekend, based on homes sold above their list price from July 2020 through February 2021. And they sell faster, too. Putting a home on the market on a Friday or Saturday is risky, since potential buyers may have already filled their weekend with other home tours, said Redfin Chief Economist Daryl Fairweather.

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Sellers Real Estate Buyers Real Estate Agent 435