Posts Categorized: Homebuyer’s

Buying a Home? Here’s Why You Need an Appraisal

Buying a Home? Here’s Why You Need an Appraisal

Thinking of purchasing a home? Chances are someone has told you to get an appraisal, but you may have no idea what that means. A home appraisalis actually an essential component of the home buying process if you are using a mortgage. So, before buying a home, it’s best that you familiarize yourself with appraisals:… Read more »

How AI Is Transforming the Mortgage Industry

How AI Is Transforming the Mortgage Industry

As AI technologies become more and more powerful, they are beginning to find use in the mortgage industry. The mortgage process was once seen as a negative customer experience because it was so time-consuming and there were many opportunities for error. Technological innovation has allowed this process to turn automated, and today there is even more… Read more »

Is the Housing Market Breaking Speed Records?

Is the Housing Market Breaking Speed Records?

Last month, homes in the U.S. housing market sold at the fastest rate on record, according to Redfin, which first began tracking this data in 2010. The typical home in May was under a sales contract in just 34 days, two days fewer than in April. April had been the record-breaking month until May figures… Read more »

June Is National Homeownership Month

June Is National Homeownership Month

It’s National Homeownership Month, and at Champion Title, we’re proud to be part of the industry that makes homeownership a reality for so many Americans. “Homeownership serves as an enduring symbol of security and prosperity, and it provides many Americans with a legacy they can pass down to their children and grandchildren,” said HUD Secretary… Read more »

Low Home Inventory Still Driving Prices Higher

Low Home Inventory Still Driving Prices Higher

Low home inventory continues to drive up prices in the real estate market this spring. The median home listing price in March reached $280,000, a 2% increase since February and an 8% year-over-year increase, according to the latest figures from realtor.com. “Never in history have more eyes been on fewer homes,” stated realtor.com’s director of… Read more »

5 Most Affordable Housing Markets in the U.S

5 Most Affordable Housing Markets in the U.S

Not all housing markets are equal. While the majority of markets across the country are strong, some are a lot more competitive than others. That also means some markets are a lot more affordable than others, but that’s based on more than just home prices alone. A new report from NerdWallet reveals the most and… Read more »

4 Reasons More Millennials Are Buying Homes

4  Reasons More Millennials Are Buying Homes

More millennials are buying homes. But that’s not all. According to a new survey, the majority of millennials also believe that homeownership is part of the American Dream. A report from Trulia said that 73% of millennials – the generation of young people who are now between the ages of 18-34 – said they believe… Read more »

A True Digital Mortgage Solution Should Improve Customer Satisfaction

A True Digital Mortgage Solution Should Improve Customer Satisfaction

Ellie Mae recently announced that it has acquired Velocify, a cloud-based intelligent sales automation system, so that it can more quickly deliver a true digital mortgage solution to lenders of all sizes. Digital mortgages are reportedly a high priority for consumers who want faster mortgage application processing. A recent survey by Ellie Mae, for example,… Read more »