Current News & Events
Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Dallas-based Merriman Anderson Architects has been hired to create architectural studies for this proposed endeavor. Continue Reading Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
“This is a watershed moment for the appraisal industry,” said Jake Lew, CEO of Aivre. Continue Reading Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
Even as rates go down, affordability remains a problem
Source: Business Insider --- Mortgage rates continue to hold steady around 5%. Rates have been inching down for the past few weeks after hitting a peak of 5.3% in the second week of May. Even though rates are softening slightly, they're still having an impact on...
Here’s what you need to know about reverse mortgages
Source: CNBC --- With the stock market getting volatile but the housing market still hot, reverse mortgages have become a more attractive tool for older Americans who need cash for retirement but want to stay in their homes. Home Equity Conversion Mortgage loan volume...
WHAT’S NECESSARY (AND WHAT’S NOT) WHEN PREQUALIFYING REAL ESTATE PROSPECTS?
Source: RisMedia --- When potential homebuyers come to you for help in finding a home, you’ll want to be certain that they’re qualified to make the purchase before you start working with them. But prequalifying real estate prospects—simply ensuring that they’ll be...
Big Shift in Housing Numbers. Scary or Welcome?
Source: Mortgage News Daily --- The housing market has been keeping its head down, keeping calm, and carrying on in the face of the biggest rate spike since the 1980s. The ability to tune out rising rates is nothing new for home prices, as discussed a few weeks...
Affordability slips again as mortgage application payments rise nearly 9%
Source: Scotsman Guide --- Homebuyer affordability continued to erode in April, with the Mortgage Bankers Association (MBA) reporting that the national median payment applied for by mortgage seekers rose to $1,889. That’s up 8.8% from the $1,736 figure in March and up...
‘Highest and Best’ vs. ‘Best and Final’: A Homebuyer’s Guide to Offers and Winning a Bidding War
Source: Realtor --- There are signs that the housing market is easing off the record-high prices it’s seen during the past few years, but bidding wars for homes are far from over—especially in competitive markets. And the difference between landing your dream home and...
Why Summer Is a Great Time To Buy a Vacation Home
Source: Keeping Current Matters --- You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start...
Home Sellers in Migration Hotspots Increasingly Turn to Price Drops
Source: Redfin --- The sudden surge in mortgage rates has reduced homebuyers’ budgets in many markets, forcing sellers to reset their price expectations. Price drops are becoming increasingly common, particularly in relatively affordable places that have seen home...
How Buying or Selling a Home Benefits the Economy and Your Community
Source: Keeping Current Matters --- If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National...
Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding
Source: Redfin --- Sun Belt metros are leading the way when it comes to building new homes–and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge. Austin, TX had 31.1 single-family building...
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