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‘Zombie Debt’: Homeowners face foreclosure on old mortgages

‘Zombie Debt’: Homeowners face foreclosure on old mortgages

by Third Party | Nov 18, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Centre Daily Times —  Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family...
Real estate market in Austin dominated by international buyers, says new report

Real estate market in Austin dominated by international buyers, says new report

by Third Party | Nov 17, 2022 | News/Current Events, Real Estate News

Source: Fox 7 News —  AUSTIN, Texas – The Austin real estate market has been very hot over the last couple of years, and that’s especially true when it comes to international home buyers.  A new report showing more and more people from around the...
Here’s why Home Depot and Lowe’s are booming in a housing market bust

Here’s why Home Depot and Lowe’s are booming in a housing market bust

by Third Party | Nov 16, 2022 | News/Current Events, Real Estate News, U.S. Housing Market

Source: CNBC—  As the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling the same pain. In fact, they’re faring better than expected. While homebuilding and home...
Looking for an Owner-Financed Home? 5 Things to Avoid

Looking for an Owner-Financed Home? 5 Things to Avoid

by Third Party | Nov 16, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: The Ascent —  There are at least two good reasons a potential home buyer may turn to owner financing. Perhaps their credit score is not high enough to qualify for a traditional mortgage, or they’re hoping to buy time to save for a larger down...
4 Ways Rent-to-Own Can Help You Buy a House

4 Ways Rent-to-Own Can Help You Buy a House

by Third Party | Nov 15, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: The Ascent —  Although home prices in some regions of the country have softened, the median price of a single-family home still rings in at just under $385,000. With mortgage rates hovering around 7%, the monthly payment alone pushes many would-be home...
Eagle County Real Estate Market Report: Reason for optimism in uncertain times

Eagle County Real Estate Market Report: Reason for optimism in uncertain times

by Third Party | Nov 15, 2022 | News/Current Events, Real Estate News, U.S. Housing Market

Source: Vail Daily —  Media headlines are generating uncertainty around the local and national housing market, and lower inventory coupled with higher inflation and interest rates have created a pause in the residential real estate market. Depending on whom you...
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