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Rethinking real estate: The benefits of workforce segmentation

Rethinking real estate: The benefits of workforce segmentation

by Third Party | Nov 14, 2021 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Journal of Accountancy —  The pandemic has radically altered the way people think about and use physical space. As many people return to the office, how can organizations rethink their use of real estate in order to effectively balance business goals...
Will Real Estate Ever Be Normal Again?

Will Real Estate Ever Be Normal Again?

by Third Party | Nov 14, 2021 | Industry Updates, Mortgage Information

Source: NY Times —  The third time Drew Mena’s manager asked him about relocating to Austin, Texas, he and his wife, Amena Sengal, began to seriously consider it. They had deliberated each time before, in 2017 and 2018, but landed on a hard no: Drew and Amena...
Black homebuyers underrepresented in US real estate boom

Black homebuyers underrepresented in US real estate boom

by Third Party | Nov 14, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Yahoo News —  The Covid-19 pandemic has changed the nature of homebuying in the United States, but one constant is that Black Americans do not have the same access to a home of their own. Black purchasers made up just six percent of the total homebuyers...
Millennials are buying more homes, ahead in mortgage applications for 2021

Millennials are buying more homes, ahead in mortgage applications for 2021

by Third Party | Nov 13, 2021 | Industry Updates, Real Estate News

Source: CNET —  The “lost” generation is rising as the new homebuyers. Could this shift the real estate landscape? Millennials applied for more mortgages than any other generation so far this year. More than half of home purchase mortgage...
Regulators done playing nice with mortgage servicers

Regulators done playing nice with mortgage servicers

by Third Party | Nov 13, 2021 | Industry Updates, Mortgage Information

Source: Housing Wire —  The federal government’s top regulators announced Wednesday that they are collectively resuming mortgage servicing supervisory and enforcement practices in full, ending certain flexibilities it offered mortgage servicers at the onset of...
Current Mortgage Rates Are Below 3% Again

Current Mortgage Rates Are Below 3% Again

by Third Party | Nov 12, 2021 | Industry Updates, Mortgage Information

Source: Crossroads Today —  The average rate for a 30-year fixed-rate mortgage dropped to 2.98% this week, according to Freddie Mac’s weekly survey. It’s the second week in a row where the average rate has declined and the first time it has dipped below 3% since...
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