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US Real Estate Prices Could Plunge 20%, “Severe” Recession Possible : Dallas Fed

US Real Estate Prices Could Plunge 20%, “Severe” Recession Possible : Dallas Fed

by Third Party | Dec 9, 2022 | Real Estate Agent Tools, Real Estate News

Source: Better Dwelling —  US home prices made lofty gains over the pandemic—a bigger run up than the one seen before the Great Recession. It’s going to be difficult to not see a significant chunk of those gains given back to the market, warned the Dallas Fed....
How does mortgage refinancing work?

How does mortgage refinancing work?

by Third Party | Dec 8, 2022 | Mortgage Information, Real Estate Agent Tools

Source: CBS News —  Refinancing your mortgage can be a great way to save money and improve your personal finances.  With a refinancing, you replace your current mortgage with a new loan. The refi loan is used to pay off your old mortgage, and then you move...
Dave Stevens on understanding this housing market

Dave Stevens on understanding this housing market

by Third Party | Dec 7, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Housing Wire —  I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. And while my more recent roles were more senior in stature, my mind tends to think like I did when I was a top loan...
As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

by Third Party | Dec 7, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: TechCrunch —  The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings...
OneTrust Home Loans: About HECM reverse mortgages

OneTrust Home Loans: About HECM reverse mortgages

by Third Party | Dec 6, 2022 | Mortgage Information, Real Estate Agent Tools

Source: The Sentinel-Record —  What is a HECM reverse mortgage? Home Equity Conversion Mortgages, also known as reverse mortgage loans, were created more than 25 years ago to help Americans age 62 and older convert a portion of their home equity into tax-free...
Should You Use a Buyer’s Agent?

Should You Use a Buyer’s Agent?

by Third Party | Dec 6, 2022 | Real Estate Agent Tools, Real Estate News

Source: US News —  Buying a house can be one of the most difficult and complicated purchases you make in your lifetime. Not only is the amount of money you’re dealing with substantial, the many, many legal ins and outs of real estate transactions can be...
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