Though nobody can deny that the housing market is in far better shape than it was five or six years ago, the days of easy-going buyers are a thing of the past. With low inventory levels, high demand, and increasing prices, homebuyers expect their home to be nearly perfect. Expect the Unexpected There’s almost no… Read more »
Technology isn’t just about improving the nitty-gritty details of the real estate business, it can also be used to improve the social side of real estate. Used correctly, the tools below will save you lots of time and give clients a great impression—even before you’ve spoken to them! RingCentral RingCentral allows you to reroute incoming… Read more »
While commercial real estate has historically relied on price-per-square-foot evaluations, residential real estate has often used other methods for an assortment of reasons. A comparative market analysis, or CMA, is a report that compares a property with other similar ones in the area (based on features including size, amenities, and location) that are either on… Read more »
Home inspections are often the deciding factor for whether or not a buyer decides to move forward with a deal. While the buyer, buyer’s agent, and inspector always have to be present at inspections, for the listing agent it is more ambiguous. Some say it is not the listing agent’s responsibility, so they can skip… Read more »
With 2015 wrapped up and data from Q4 2015 analyzed, it is now possible to identify the direction in which the DC area housing market is moving. Read on to learn several surprising trends in the DC metro area housing market. 2.2% Uptick in D.C. Loan Originations in Q4 Nationwide, the U.S. Residential Property Loan… Read more »
A California federal court class action suit against real estate organizations Realogy Holdings and PHH Home Loans continues forward even as the defendants’ settlement services formally move to dismiss. Filed in November by a collective of local homebuyers, the suit alleges that Realogy Holdings directed clients to use a joint venture called PHH Home Loans, a violation of the Real Estate Settlement… Read more »
Recently, the U.S. Department of Labor proposed a change to the current stipulations of the Fair Labor Standards Act. If these changes were to go into effect, an estimated 4.6 million workers would become eligible for overtime pay from their employers. While good news for mortgage workers, it would ultimately take a significant cut of… Read more »
Tired of TRID talk? As a DC Metro area title insurance company, we understand the scope and severity of TRID—but we’ve decided to hold our commentary until the dust settles. Now that it’s been several months since implementation, we’d like to give you a summary of where we’re at. In October 2015, the mortgage industry… Read more »
As leaders in Washington, D.C., Maryland, and Virginia title insurance, we’re usually busy writing up the latest industry news. Today, we’d like to take a look at the less droll side of real estate with eleven fun facts you probably didn’t know. 1. McDonald’s: Real Estate Mogul? With over 35,000 properties, McDonald’s has amassed an… Read more »