Real Estate Agent Tools
Sublease or buyout? Each scenario is messy for tenants
Source: Daily Bulletin --- Situations change rapidly in California’s business climate. What happens when a business needs to pivot, quickly? Recently, I wrote of the ways in which you can extract yourself or your company from a lease obligation.
What Problem? Canadian Boomers Love This Real Estate Market: Royal LePage
Source: Better Dwelling --- Soaring home prices may be a pain for some generations, but not for Boomers. Royal LePage released the results of its 2021 Boomer Survey. The survey found the majority are homeowners, with many having most of their net worth in real estate....
Spotlight On: Five New Real Estate Books
Anecdotes, observations and professional strategies are on display in each book. Continue Reading Spotlight On: Five New Real Estate Books
Mortgage Rates on the Rise Again
“For the first time in over a month, mortgage rates moved up due to shifting market expectations,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates on the Rise Again
Existing Home Sales Down 22% from Last Year
First-time buyers were responsible for 28% of sales in March. Continue Reading Existing Home Sales Down 22% from Last Year
Report: IMBs Outpace Banks for Lending in LMI and Minority Areas
CRA was implemented in 1977 in response to decades of redlining practices by banks and thrifts. Continue Reading Report: IMBs Outpace Banks for Lending in LMI and Minority Areas
New Platform Enables Global Crypto Purchasing of US Real Estate
The program launched today for Texas-only properties and will be expanded in June for other select states. Continue Reading New Platform Enables Global Crypto Purchasing of US Real Estate
Colombian Proptech Habi in $100M Credit Facility
The new financing marks the launch of a partnership that will enable Habi to expand its portfolio of residential products. Continue Reading Colombian Proptech Habi in $100M Credit Facility
Guild Mortgage Adds 8 California Branches From Fairway Independent Mortgage
John Lowe, formerly senior vice president and division manager at Fairway, has been named district manager of the new district. Continue Reading Guild Mortgage Adds 8 California Branches From Fairway Independent Mortgage
Legalized Cannabis and Real Estate: Still a Work in Progress
Cannabis-focused businesses are mostly shunned by banks. Continue Reading Legalized Cannabis and Real Estate: Still a Work in Progress
Foreclosure Activity Up 22% Year-Over-Year
Nationwide, one in every 1,459 housing units had a foreclosure filing in the first quarter. Continue Reading Foreclosure Activity Up 22% Year-Over-Year
MBA: Mortgage Application Activity Down 8.8%
The refinance share of mortgage activity inched up to 27.6%. Continue Reading MBA: Mortgage Application Activity Down 8.8%
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