Real Estate Agent Tools
Stronger real estate agent connections will be the key to lending success in 2022 – Here’s why
Source: Housing Wire --- If you make your living by originating new mortgage loans, I don’t have to tell you that the business is changing. You probably already know that the MBA’s latest mortgage forecast puts the purchase money at 75% of all loan volume. You’re...
Social Media and the Real Estate Industry: The Importance of a Well-Crafted Policy
Source: National Law Review --- Social media continues to permeate business operations, especially in the real estate industry. The vast majority of companies in the real estate industry utilize various platforms to attract leads and connect with buyers, tenants,...
New York State Ends 2023 with Record-Low Home Inventory
The $380,000 median sales price was 10.1% higher than the $345,000 price in December 2022. Continue Reading New York State Ends 2023 with Record-Low Home Inventory
Ameris Bank Debuts Borrower Assistance Program in Jacksonville
The program follows Ameris Bank’s $9 million settlement last October with the U.S. Department of Justice to resolve redlining allegations. Continue Reading Ameris Bank Debuts Borrower Assistance Program in Jacksonville
Builder Confidence Up by 7 Points
Many builders continue to reduce home prices to boost sales. Continue Reading Builder Confidence Up by 7 Points
Mortgage Applications for New Home Purchases Up 22.2%
The average loan size for new homes increased from $390,049 in November to $405,368 in December. Continue Reading Mortgage Applications for New Home Purchases Up 22.2%
Existing Home Sales Were Down for December
The median existing home price for all housing types in December was $382,600, a year-over-year increase of 4.4%. Continue Reading Existing Home Sales Were Down for December
And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles
The California Association of Realtors stated the “allegations are without merit for many reasons.” Continue Reading And Yet Another Real Estate Commission Lawsuit is Filed, Now in Los Angeles
FTC Shuts Down Real Estate Scam Targeting Spanish-Speaking Consumers
The orders contain a total monetary judgment of $29 million, Continue Reading FTC Shuts Down Real Estate Scam Targeting Spanish-Speaking Consumers
Atlanta Fed Chief: Rate Cuts Could Begin in Q3 or Earlier
“In such an unpredictable environment, it would be unwise to lock in an emphatic approach to monetary policy,” Bostic said. Continue Reading Atlanta Fed Chief: Rate Cuts Could Begin in Q3 or Earlier
Mortgage Rates Drop to 8-Month Low
The 30-year fixed-rate mortgage averaged 6.60% as of Jan. 18. Continue Reading Mortgage Rates Drop to 8-Month Low
Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets
Among the 64 markets where median three-bedroom rents require less than one-third of average local wages, 59 are in the Midwest and South. Continue Reading Study: Renting is More Affordable Than Homeownership in Nearly 90% of Local Markets
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