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How Buying or Selling a Home Benefits the Economy and Your Community

How Buying or Selling a Home Benefits the Economy and Your Community

by Third Party | May 29, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact,...
Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding

Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding

by Third Party | May 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Redfin —  Sun Belt metros are leading the way when it comes to building new homes–and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge. Austin, TX had 31.1 single-family...
Housing Market Update: Nearly 1 in 5 Sellers is Dropping Their Price, the Highest Rate Since October 2019

Housing Market Update: Nearly 1 in 5 Sellers is Dropping Their Price, the Highest Rate Since October 2019

by Third Party | May 28, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  Measures of homebuying competition are plateauing as early-stage demand posts its biggest annual decline since April 2020. However, mortgage rates may have leveled off, which could prevent demand from dropping even further. The housing market...
Real estate industry ‘desperate’ for more inventory: Corcoran CEO

Real estate industry ‘desperate’ for more inventory: Corcoran CEO

by Third Party | May 28, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Fox Business —  Pamela Liebman, president and CEO of The Corcoran Group, argued on Wednesday that the real estate industry is “desperate” for more inventory and if more homes become available, it “will really help everybody.” She...
The housing market just slid into a full-blown correction, says top economist Mark Zandi

The housing market just slid into a full-blown correction, says top economist Mark Zandi

by Third Party | May 27, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools

Source: Fortune —  Moody’s Analytics chief economist Mark Zandi is ready to call it. He tells Fortune that we’ve officially moved from a housing boom into a “housing correction.” The real estate data rolling in for April and May shows...
Prequal, Profitability, Due Diligence, Underwriting Tools; FHFA News: Appraisal Management

Prequal, Profitability, Due Diligence, Underwriting Tools; FHFA News: Appraisal Management

by Third Party | May 27, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Mortgage News Daily —  Yesterday I visited Sacramento to speak to an audience of real estate agents and originators in a joint MGIC/Golden 1 Credit Union event. The mood was good, and much of the discussion was about rent (give or take a little, 50...
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