Real Estate Agent Tools
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market
Source: Housing Wire --- While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help...
SPEND LESS ON CLIENT ACQUISITION, BOOST LOYALTY AND REFERRALS
Source: RisMedia --- The real estate industry spends way too much money finding new clients. Approximately 20% of all marketing dollars go toward adding new clients, only to lose them as they leave the closing table. Compare that to companies such as Southwest...
Profit Margins Down for Q1 Home Sales
This is down from 57.1% in the previous quarter and from 56.5% one year earlier. Continue Reading Profit Margins Down for Q1 Home Sales
Redfin: Median Home Sale Price at New Record High
Redfin noted the new record price comes at a time when new listings are up 10.2% year-over-year. Continue Reading Redfin: Median Home Sale Price at New Record High
Pending Home Sales Up in March
Pending home sales in March were up by 3.4% from February and up by 0.1% from one year earlier, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) increased to 78.2 in March; an index of 100 is...
Two Former NJ Mortgage Lender Employees Charged in Fraud Scheme
The men are charged by complaint with one count of conspiracy to commit bank fraud. Continue Reading Two Former NJ Mortgage Lender Employees Charged in Fraud Scheme
Frank Sinatra’s Former NYC Home Listed at $4.45 Million
The legendary entertainer owned the property from 1963 through 1969. Continue Reading Frank Sinatra’s Former NYC Home Listed at $4.45 Million
Chicago Bears Seek $1.5 Billion in Public Funds for New Stadium’s Infrastructure Needs
The Bears pledged to contribute more than $2 billion to the project—over 70% of the total stadium cost. Continue Reading Chicago Bears Seek $1.5 Billion in Public Funds for New Stadium’s Infrastructure Needs
Q1 Texas Home Sales Were Flat Despite Spike in Active Listings
The first quarter statewide median price of $330,950 was 1.6% higher than in the same period during 2023. Continue Reading Q1 Texas Home Sales Were Flat Despite Spike in Active Listings
CFPB Takes Aim at Mortgage Servicers Over ‘Junk Fees’
“Homeowners cannot just simply switch providers if their mortgage servicer charges them illegal junk fees,” said CFPB Director Rohit Chopra. Continue Reading CFPB Takes Aim at Mortgage Servicers Over ‘Junk Fees’
Study: Annual Massachusetts Outmigration Up 1,100% Over the Last Decade
Income tax, housing costs, and costs of health care were cited in the study as being the largest drivers of outmigration. Continue Reading Study: Annual Massachusetts Outmigration Up 1,100% Over the Last Decade
CVS Health Invests $19.2 Million for Colorado Affordable Housing Project
The project is currently under construction with a scheduled completion in the summer of 2025. Continue Reading CVS Health Invests $19.2 Million for Colorado Affordable Housing Project
Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
