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Inside the government’s feeble fight to end redlining

Inside the government’s feeble fight to end redlining

by Third Party | Mar 31, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Housing Wire —  Redlining is a five-alarm word in the lexicon of American racism, but it really has a quite specific definition: The denying of credit in non-white, particularly Black neighborhoods.  The federal government was for redlining before it was...
Should You Waive Contingencies To Win a Home? 4 Situations When It Might Be OK

Should You Waive Contingencies To Win a Home? 4 Situations When It Might Be OK

by Third Party | Mar 30, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Realtor —  This is not an easy time for homebuyers. Simply put, housing inventory is at historic lows and home prices are at historic highs, resulting in one of the most competitive times to buy a house ever. This red-hot market has prompted many buyers...
How Skyrocketing Gas Prices Affect the Real Estate Market

How Skyrocketing Gas Prices Affect the Real Estate Market

by Third Party | Mar 30, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: The Motley Fool —  Inflation’s impact on energy costs was already being felt before the Russia-Ukraine conflict, but now new sanctions restricting the exportation of fuel are exacerbating the problem and causing gas prices to soar. While it may not...
Condo Prices Jump to Record High as Buyers Seek Relative Affordability

Condo Prices Jump to Record High as Buyers Seek Relative Affordability

by Third Party | Mar 29, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  The typical U.S. condo sold for a record $319,000 in February, up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic began.  Condos are in demand partly because they’re a comparatively affordable option amid...
A decade’s difference: How the ordeal of buying a home in Nashville has changed

A decade’s difference: How the ordeal of buying a home in Nashville has changed

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

Source: Nashville Business Journals —  With rising prices, dwindling inventory and a seemingly endless supply of new arrivals, prospective homebuyers have reshaped the landscape of Music City’s housing market. Here’s how the market has changed in the last...
What You Need To Know if You’re Thinking About Building a Home

What You Need To Know if You’re Thinking About Building a Home

by Third Party | Mar 28, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider...
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