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Millennials Are Now the Biggest Generation and Mortgage-Makers

Millennials Are Now the Biggest Generation and Mortgage-Makers

by Third Party | Nov 25, 2021 | Industry Updates, Mortgage Information

Source: Motley Fool —  Key Points Millennials now outnumber baby boomers and account for more than half of new mortgage applications. Gen X was the biggest buyer just five years ago but has seen its share slip ever since. High-tech markets and some major...
Pregnant Women Are Being Denied Mortgages Due To Change In Earnings

Pregnant Women Are Being Denied Mortgages Due To Change In Earnings

by Third Party | Nov 25, 2021 | Industry Updates, Mortgage Information

Source: Refinery 29 —  Pregnant women and new mothers who apply for mortgages with some of the UK’s biggest lenders are being declined because taking time out from work will cause a temporary drop in earnings, Refinery29 has learned.    Thirty-two-year-old...
A busy real estate market and building long-term wealth

A busy real estate market and building long-term wealth

by Third Party | Nov 24, 2021 | Industry Updates, Real Estate News

Source: Vermont Biz —  The pressures on Washington County’s housing market essentially condense down to affordability and availability. According to Karen Hatcher, the national vacancy rate is 6.7 percent. Vermont’s is 3.4 percent. Washington County’s is even...
Real estate industry cheers proposed SALT cap increase

Real estate industry cheers proposed SALT cap increase

by Third Party | Nov 24, 2021 | Industry Updates, News/Current Events

Source: Long Island Business News —  The Long Island real estate industry joined business and trade groups in praising the inclusion of an increase in the controversial SALT cap in the Build Back Better legislation passed by the U.S. House of Representatives...
MILLENNIALS, REMOTE WORK ARE UPENDING CITIES—WHAT IT MEANS FOR REAL ESTATE

MILLENNIALS, REMOTE WORK ARE UPENDING CITIES—WHAT IT MEANS FOR REAL ESTATE

by Third Party | Nov 24, 2021 | Industry Updates, Real Estate News

Source: Ris Media —  Location is, and has always been, everything in real estate. The truism that where a property sits must be its most important characteristic remains undisputed. But what is location, really? What does it mean to homebuyers, and what are the...
Nancy Knows Homes – All Things Real Estate: Why Zillow exited the home flipping market

Nancy Knows Homes – All Things Real Estate: Why Zillow exited the home flipping market

by Third Party | Nov 24, 2021 | Industry Updates, Real Estate News

Source: Cross Timbers Gazette —  Over a week ago Zillow announced it was exiting its home flipping business. Am I surprised? Absolutely not. Why? Because good agents know that you cannot commoditize the buying and selling of people’s homes. It’s just way too...
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