Real Estate Agent Tools
In rural Minnesota, ‘nothing but upside’ as farmland values near record highs
Source: Star Tribune --- Rising prices for farmland across Minnesota helped Greg Schuman and his siblings decide it was finally time to sell off 160 acres in Chippewa County that his family owned for nearly a century. "The timing was right for us, with land prices...
REAL ESTATE MATTERS: Homeowner has questions about selling to neighboring business
Source: Herald-Tribune --- Q: Our neighbor sold his home to the commercial business that borders his property. He sold it after they approached him with an unsolicited offer. The neighbor was told the business wanted to remodel/redevelop the property and wanted “green...
CoreLogic: A Potential of $11.6 Trillion in Hurricane Property Damage This Year
Approximately 7.8 million homes are susceptible to storm surge flooding. Continue Reading CoreLogic: A Potential of $11.6 Trillion in Hurricane Property Damage This Year
Q1 Mortgage Origination Activity at 23-Year Low
On the refinance side, only 407,956 mortgages were rolled over into new ones – the smallest amount this century. Continue Reading Q1 Mortgage Origination Activity at 23-Year Low
Realtor.com: Home Price Growth Slowest on Record
The median list price grew to $441,000 in May, up from $430,000 in April but down by 1.7% from June 2022’s record high of $449,000. Continue Reading Realtor.com: Home Price Growth Slowest on Record
Planet Home Lending Acquires Platinum Home Mortgage Corp.
The financial terms of the acquisition were not disclosed. Continue Reading Planet Home Lending Acquires Platinum Home Mortgage Corp.
Real Estate ESG Platform Measurabl Closes $93 Million Series D Funding
“The antidote to greenwashing is objective measurement and transparency,” says Matt Ellis, Measurabl co-founder and CEO. “ Continue Reading Real Estate ESG Platform Measurabl Closes $93 Million Series D Funding
Elon Musk Rebuked by Redfin’s CEO Over ‘Melting Down Fast’ Tweet on Home Values
“Inventory is at roughly two thirds the levels it was pre-pandemic,” Kelman said. Continue Reading Elon Musk Rebuked by Redfin’s CEO Over ‘Melting Down Fast’ Tweet on Home Values
Mortgage Application Activity Continues to Decline
There was less interest from borrowers for purchase loans and refinancing. Continue Reading Mortgage Application Activity Continues to Decline
GOP Governors Call on Biden to Rescind LLPA Changes
“Only the Biden administration would think it can solve a supply issue by subsidizing demand and bad credit,” said Missouri Gov. Mike Parson. Continue Reading GOP Governors Call on Biden to Rescind LLPA Changes
Alec Hanson promoted to CMO at loanDepot
Hanson joined loanDepot in 2011 and was previously senior vice president of production for the West division. Continue Reading Alec Hanson promoted to CMO at loanDepot
Q1 Investor Home Purchases Plummet 49% Year-Over-Year
Investors were responsible for buying 17.6% of the homes for sale in the metros tracked by Redfin. Continue Reading Q1 Investor Home Purchases Plummet 49% Year-Over-Year
