Even in these near-historic times we’re living in, millions of people continue to cling to their high interest rate mortgages. Why are so many failing to capitalize on the low rates that may not be around much longer? Is it just inertia? Refinances Falling Flat (Sort of) According to the latest CoreLogic MarketPulse issue, there’s… Read more »
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Newly-Built Home Sales Soar in First Six Months of 2016
The latest data from the Commerce Department is further proof that the U.S. housing market is starting to pick up steam. According to a report released in July 2016, homebuyers are purchasing newly-built homes at a substantial pace. Including gains in previously owned home sales, the housing market continues to act as fuel for the… Read more »
Midsummer Market Boost — Brisk Business Means Careful Compliance
With the Brexit-induced bump to the summer housing market, many realtors, lenders and other real estate professionals are anticipating a busy season ahead. With increased sales volume comes the need for diligent reporting and compliance. Federal regulation is likely to tighten up this year between TRID’s grace period ending and new Consumer Financial Protection Bureau… Read more »
The 4 New Real Estate Technologies You May Need
Take a look at your real estate business, and you’ll likely find some outdated technologies and routines that could use a boost. Technology is advancing in all fields, and it could be seriously damaging to your bottom line if you do not keep up. Read on to learn about four top real estate technology trends… Read more »
Washington: Strict Lending Standards Not Budging
After the housing crash, measures were erected to prevent a similar collapse from occurring. Unfortunately, these actions include barriers to financing that are negatively impacting first-time homeowners today. Young people with steady incomes are not being approved for the loans they need to purchase their first homes, largely because of overly cautious measures designed to… Read more »
How Proposed WiFi Rule for HUD-Financed Housing Could Affect Developers
In this technological era, it can sometimes be hard to remember that not everyone has access to the internet. To save money, some homes are still built in a way that is incompatible with technology that requires specific cables, fiber optics, and other permanent wiring. This is especially true for homes that are built through… Read more »
How Twitter’s Updates Will Affect Agents’ Social Media Marketing
Twitter recently announced that they will be making some changes to their platform to enable their users to deliver more content within their 140 character limit. These changes will inevitably change the landscape of marketing on twitter. Read on to learn what these changes are, and how your social media marketing team should utilize them… Read more »
Home Equity a Cause for Concern?
For the first time since 2012, delinquencies on HELOCs, or home equity lines of credit, are trending upwards. Data collected showed an annual increase twice, measuring from this past March. Because of this trend, Black Knight Financial Services gathered more information to make a more detailed analysis. HELOC Data From 2015 and 2016 In the… Read more »
Real Estate Industry in 2016 and Beyond: Getting Ahead of the Challenges
The job of the realtor encompasses a wide range of duties — and with the housing market slowly but steadily recovering from the 2008 financial crisis, it’s a more critical one than ever. In a recet Inman.com interview, Rand Realty general counsel and managing partner Joe Rand took to the airwaves to speak on the… Read more »