Current News & Events
Steve Francis Named Charlotte Division President at Tri Pointe Homes
Francis joins the company following a tenure as division president for Pulte Group in Charlotte. Continue Reading Steve Francis Named Charlotte Division President at Tri Pointe Homes
Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
Waiting Will Cost Homebuyers Money
Source: Scotsman Guide --- Experts have long said that there’s a cost to waiting to a buy a home. That’s certainly true in a rising interest rate market. There is a misconception that as housing prices stabilize, or even decrease, that there will be a substantial...
The Salespersons Best Practices
The entire process is what I refer to as a best practices action system. Some salespeople question why they are not getting the outstanding results expected in their sales career? Some feel that the harder they try, they beat their heads against a wall or race down a...
Ditch the Bidding Wars! We’ve Found 10 Towns Where the Number of Homes for Sale Is Going Up
Source: Realtor --- Which of the following is the most challenging, seemingly intractable pain point faced by homebuyers in 2022? A. Surreal home prices B. Rising mortgage rates C. Historically high rents D. Bone-dry home inventory levels The answer, of course, is all...
The economic shock hitting the housing market just got bigger
Source: Fortune --- Housing economists are clear: The swift move up in mortgage rates amounts to an economic shock. The bad news for homebuyers? That already big economic shock got even bigger last week. On Thursday, Freddie Mac reported that the average 30-year fixed...
Will The Housing Market Crash? Experts Give 5-Year Predictions.
Source: Forbes --- The housing market appears to be operating without brakes as home prices continue to climb–the median listing price shot up in March to a record-high of $405,000, mortgage rates continue to tick up, and buyers are not backing down. As more signs...
Why this recent change just made it harder to buy or sell an apartment
Source: CNN --- New rules rolled out earlier this year by mortgage giants Fannie Mae and Freddie Mac are creating a bottleneck in the real estate market for those seeking to buy or sell condo or co-op apartments, according to agents and condo associations. The new...
The Problems Keeping Us From Tapping Real Estate’s Full Potential
Source: Propmodo --- From 2011 to 2016, I worked at the micro-apartment design and development startup, LifeEdited. While we never brought units to market, with our own TED talk and a number of major media features, the company did garner some good media attention....
U.S. Condo Prices Jump to New Record Highs in 2022
Source: World Property Journal --- National property broker Redfin is reporting this week the typical U.S. condo sold for a record $319,000 in February 2022. That's up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic began. Condos...
Housing Market Update: Surging Mortgage Rates and Home Prices Sideline More Buyers
Source: Redfin --- Mortgage rates are shooting up at the fastest pace in history, sending the typical monthly mortgage payment for a homebuyer up more than $500 since the beginning of this year. As rates quickly approach 5%, we expect their impact on homebuyer demand...
The Best Week To List Your House Is Just Around the Corner
Source: Keeping Current Matters --- Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed...
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