Mon.Sep 25, 2023

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NAHREP launches National Hispanic Construction Alliance

Housing Wire

The National Association of Hispanic Real Estate Professionals is launching a new trade organization to support Latino construction businesses and workers in building capacity, access to capital and creating business opportunities for its members. The National Hispanic Construction Alliance (NHCA) will be led by veteran construction industry executive George Carrillo as CEO.

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How luxury agents can tap into the rise of multigenerational living

Inman

Across the real estate sector, multigenerational living has emerged as a beneficial solution for many families. As the older generation ages, they’re cared for by loved ones. Younger generations are supported by their parents in sharing the costs and responsibilities of homeownership, and grandparents are available to help raise grandchildren.

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LGBTQ+ Real Estate Alliance announces top real estate agents and team

Housing Wire

The LGBTQ+ Real Estate Alliance unveiled its third annual LGBTQ+ Real Estate Top Producers list and recognized 388 individual agents and teams for their 2022 production. This was up from last year’s 251, an increase of 51% more honorees. The ranking, which was created in partnership with RealTrends and supported by Sotheby’s International Realty , is the industry’s only list recognizing top-producing LGBTQ+ and ally members.

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How to keep social media from becoming all-consuming

Inman

Feel like you have to be everywhere all the time? Studies show too much social media is bad for you. Here’s how indie broker Pam Blair keeps a healthy relationship with her feed.

Agents 143
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Equifax to cut underwriting time with IRIS Software Group 

Housing Wire

Equifax ‘s new product integration with the United Kingdom’s IRIS Software Group aims to cut down underwriting time for mortgage borrowers at small- and medium-sized businesses (SMBs). Equifax’s digital income and employment verification tool – The Work Number – is available to one million additional employees of U.S. SMBs who use IRIS Payroll Relief software, Equifax said in a news release.

Mortgage 254
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Mi casa es su casa

Inman

In honor of National Hispanic Heritage Month, we sat down with Nora Aguirre, affiliated agent of CENTURY 21 Americana, to hear about her empathetic approach to success in Las Vegas real estate.

More Trending

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Housing inventory is low, but there’s a catch

Inman

The 2023 real estate market has been a bit of a conundrum for agents and brokerages. Mortgage rates are high, listing prices are elevated, and housing inventory is limited. Construction of new homes is largely stalled or at least not meeting the high demand, and many homeowners who locked in record-low interest rates during the pandemic simply aren’t willing to leave their homes and sell.

Inventory 122
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Curinos partners with Polly on lenders’ workflow optimization

Housing Wire

Data provider Curinos partnered with Polly , a software-as-service mortgage technology firm, aimed to support lenders’ effective margin decisions. By integrating Curinos’ market pricing data into Polly’s cloud-native Product and Pricing Engine (PPE), the partnership will enable mortgage lenders to optimize workflows and positively impact margin management, Curinos said in a news release. “Our partnership will enable clients to seamlessly analyze their market position and

Mortgage 242
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New Homes Same Size but Higher Priced if Age-Restricted

Eyes on Housing

Of the roughly 1,005,000 single-family and 547,000 multifamily homes started in 2022, 59,000 (28,000 single-family and 31,000 multifamily) were built in age-restricted communities, according to NAHB tabulation of data from the Survey of Construction (SOC, conducted by the U.S. Census Bureau and partially funded by HUD). A residential community can be legally age-restricted, provided it conforms the one of the.

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MV Realty files for bankruptcy

Housing Wire

Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. The story was first reported by CBS News. MV Realty currently faces lawsuits in multiple states for allegedly misleading consumers and homeowners. In addition, the Florida-based firm has been essentially banned from operating in 14 states through legislation. MV Realty operated in 33 states and has more than 500 real estate agents.

Realty 242
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Serious mortgage delinquencies poised to bounce from 17-year low

Inman

Early-stage delinquencies have increased for three months in a row, suggesting that delinquency rates may be nearing a bottom, according to first look at Black Knight Mortgage Monitor report.

Mortgage 101
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Mortgage lending could be halted by flood insurance program’s expiration, experts warn

Housing Wire

Five days remain in the currently authorized National Flood Insurance Program (NFIP). If it is not reauthorized by Congress before that date, the mortgage industry could see consequences, including ceding control of certain land use policies and the cessation of some mortgage lending. This is according to government researchers, other experts and lawmakers in a U.S.

Mortgage 242
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Happy Grasshopper launches new consulting program for agents

Inman

The year-long program includes one-on-one consultations with team members to assess campaign tactics, review metrics and generate ideas to increase response rates and lead generation results.

Agents 94
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Student loan payments to resume, will modestly impact mortgages: Moody’s 

Housing Wire

Federal student loan payments resuming on Oct. 1 will negatively affect consumer loan asset quality, including credit card, auto and, to a lesser extent, residential mortgages. However, the overall effect will be modest, according to a Moody’s Analytics report. On Oct. 1, repayments are due to restart on Department of Education (DOE) federal student loans (Direct Student Loans), which began accruing interest again on Sept. 1.

Mortgage 242
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Why does collaboration matter to real estate right now?

Inman

When we talk about real estate, we talk about people; when we talk about the people in real estate, we talk about collaboration.

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Student Housing Has Remained Resilient and Profitable—So Should You Invest in It?

BiggerPockets

This type of housing has been a top performer in their markets since before the 2008 recession. They continue to surge today. Should you be investing in them?

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Compass’ luxe magazine ‘Curated’ now available in 25 private airports

Inman

The luxury magazine with a distribution of about 35,000 will now be accessible to ultra-high-net-worth clients flying through select private airports in the U.S., the brokerage told Inman exclusively.

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What Is a Real Estate Broker?

BiggerPockets

A broker is an essential real estate partner. We'll explain what is a real estate broker and how they can help you land your next investment property.

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The Inman Connect Virtual event is back in 6 weeks

Inman

During this two-day virtual real estate event, agents, brokers, tech and marketing professionals, and industry visionaries bring insights, tools and how-tos to build your business next year. Join us from the comfort of your desk or bring in the team for a training event.

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Home Equity: What It Is, How To Calculate, & How To Use It

BiggerPockets

Your equity should grow the longer you own a property. We'll explain what is home equity and everything you need to know to use it to your advantage.

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Take the inaugural Inman Intel Index survey for September 2023

Inman

Questions that matter. Actionable insights. Inman is officially launching Triple-I, a survey unlike any other in the real estate industry.

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Private Debt Funds are Attractive Right Now—But You Must Ask These Questions First

BiggerPockets

Private debt funds can be a great way to diversify, reduce risk, and earn passive income, but it's critical that you ask these essential questions first.

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How do you create a boomerang photo effect on Instagram?

Inman

This week, Sue "Pinky" Benson shares tips for creating a fun and engaging photo effect on Instagram.

Agents 94
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Construction Prices are Making BRRRR Investments (and The Home Depot) Deeply Unprofitable

BiggerPockets

It’s not just you. The cost of construction—be it on rehabs or new builds—has gone through the roof. What does this mean for investors long-term?

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When Investors Should Use a Flat Fee Listing Service

Listing Spark

As a real estate investor, you understand that one of the biggest costs is the transactions themselves. When you’re buying a property in Texas, the closing costs are relatively small at 1.5% of the purchase price. But the cost of selling is significantly steeper, coming out to around 10% of the sales price. That’s a hefty portion of your potential return.

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The Suburbs Have Been Revived—But Will They Stay Hot?

BiggerPockets

The pandemic years ushered in a new revival of the suburbs, but are they overpriced now? How long will it last? Read more to find out.

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Texas Real Estate Trends: Q3 2023 Comprehensive Review

Listing Spark

It’s been a wild ride for Texas real estate this year! Interest rates have gone up, making many people unsure about buying or selling homes. Some areas like Austin and Dallas have seen big changes, while others like Houston and San Antonio are more stable. If you’re thinking of buying or selling, or just curious about what’s going on, our guide breaks it all down.

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Are Toronto and Vancouver in a housing bubble?

Mortgagebroker News

Rising financing costs and higher mortgage stress rates seen to affect prices

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Rental market becoming competitive amid rising interest rates

Mortgagebroker News

Economist notes population growth plays key role in housing market

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Kitchener-Waterloo market: What's the latest?

Mortgagebroker News

Many of the forces impacting other markets are at play in the region

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Canada retail sales – the latest

Mortgagebroker News

Find out if the country is recovering

Retail 45
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Muskoka vacancy rate sits below 1%

Mortgagebroker News

The healthy rate is 3% according to the CHMC

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