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Snapdocs Promotes Michael Sachdev to CEO

Snapdocs Promotes Michael Sachdev to CEO

by Phil Hall | Sep 14, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Snapdocs, a San Francisco-headquartered digital closing provider, announced the promotion of Michael Sachdev from president to CEO. He succeeds company founder Aaron King, who will take on the role of executive chairman. Sachdev joined Snapdocs in 2021 as president to...
One-Third of Americans Cite Housing Costs as Their Greatest Financial Worry

One-Third of Americans Cite Housing Costs as Their Greatest Financial Worry

by Phil Hall | Sep 13, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly one-third of Americans are citing housing costs as the economic issue that worries them the most, according to a new Quinnipiac University poll. In a survey of 1,910 adults polled between Sept. 7-11, roughly half of respondents (49%) said the price of gas and...
Start-up Platform Roam Offers Mortgages as Low as 2%

Start-up Platform Roam Offers Mortgages as Low as 2%

by Phil Hall | Sep 13, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new platform that promises buyers the ability to purchase a home with a mortgage as low as 2% has begun operations. The start-up Roam uses the mortgage assumption process where the buyer will take over (or assume) the existing mortgage terms from the seller. All...
Study: Social and Economic Issues Influence People Planning to Move

Study: Social and Economic Issues Influence People Planning to Move

by Phil Hall | Sep 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Social and economic concerns are among the chief factors contributing to homeowners’ plans to sell and move, according to a new study released by Redfin (NASDAQ:RDFN). Nearly one in five (19.3%) respondents polled by Redfin who have plans to sell their home in the...
Foreclosure Activity Records Uptick in August

Foreclosure Activity Records Uptick in August

by Phil Hall | Sep 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 33,952 residential properties had foreclosure filings in August, up 7% from the previous month but down 2% from one year earlier, according to data from ATTOM. Nationwide, one in every 4,113 housing units had a foreclosure filing last month. The states with...
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