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House flippers could be taxed under proposed CA bill

House flippers could be taxed under proposed CA bill

by Third Party | Apr 6, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: KCRW —  Any Californian who is searching for a new home or is a fan of scrolling through Zillow is well aware that California’s real estate market is red hot. With an explosion of demand mixed with limited inventory, home prices have skyrocketed in...
We are GIVING away 20 Minky Blankets!

We are GIVING away 20 Minky Blankets!

by Staff Writer | Apr 5, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, Uncategorized

We are so excited to give away 20 Minky blankets! If you have never felt a Minky blanket then it is time that you did! They are the “Best. Blanket. Ever!” To enter to win you must go and Like our Facebook Page. CLICK HERE to LIKE our page For another...
30-year fixed mortgage crosses 5%

30-year fixed mortgage crosses 5%

by Third Party | Apr 5, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: CNBC —  The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02%, according to Mortgage News Daily. This is the first time it has crossed that threshold since 2011, save two days in 2018. It stood at 3.38% one year...
Hot housing market creates equally hot real estate jobs market

Hot housing market creates equally hot real estate jobs market

by Third Party | Apr 5, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Business Report —  Despite a sharp rise in mortgage rates, U.S. housing market activity continues to sizzle, and—at least through March—generate new jobs each month. There are now nearly 1.8 million people working in real estate services, more than...
Inflation is a massive roadblock with no ready-made solutions

Inflation is a massive roadblock with no ready-made solutions

by Third Party | Apr 5, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Scotsman Guide —  Business leaders, economists and politicians around the world have spent a lot of time searching for ways to solve supply chain disruptions that are hampering growth and prosperity for corporations and consumers alike. Some business...
323,000 U.S. Homes Were Flipped in 2021, Most Since 2006

323,000 U.S. Homes Were Flipped in 2021, Most Since 2006

by Third Party | Apr 4, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: World Property Journal —  According to ATTOM Data’s year-end 2021 U.S. Home Flipping Report, 323,465 single-family homes and condos in the United States were flipped in 2021. That was up 26 percent from 2020, to the highest point since 2006. The...
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