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Who Pays the Real Estate Commission and Closing Costs: The Homebuyer or Seller?

Who Pays the Real Estate Commission and Closing Costs: The Homebuyer or Seller?

by Third Party | Jun 29, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Realtor —  Do you know how much an average real estate agent commission is? Or who pays real estate agent fees and closing costs? If you’re scratching your head, you’re not alone: More than half of Americans don’t know what the average real estate agent...
A Key Opportunity for Homebuyers

A Key Opportunity for Homebuyers

by Third Party | Jun 29, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Keeping Current Matters —  There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and...
Home Prices Still Surging, But Today’s Data is For April

Home Prices Still Surging, But Today’s Data is For April

by Third Party | Jun 29, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Mortgage News Daily —  It’s one of the perennial “yeah buts” of the two largest and most widely-cited home price indices: there data is always about 2 months old by the time it comes out.  This is the nature of home price reporting.  It...
Metros with the most mortgage-burdened homeowners

Metros with the most mortgage-burdened homeowners

by Third Party | Jun 29, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Fox 5 —  Roughly half of all Americans agree a lack of affordable housing in their city is a major problem, according to a 2021 Pew Research Center survey. Pew also found a proportion of Americans concerned about dwindling housing affordability has grown...
Mortgage Lenders Turn ‘Desperate’ as Soaring Rates Roil Industry

Mortgage Lenders Turn ‘Desperate’ as Soaring Rates Roil Industry

by Third Party | Jun 28, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Bloomberg —  Danny Meier had one of the busiest years of his career in 2021. The 36-year-old closed roughly $799 million worth of loans at Academy Mortgage Corp., ranking him among the top producing originators in the US. Now, he’s bracing for a 20%...
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