Real Estate Agent Tools
Why Commercial Real Estate Leases Are Not Changing (Much) After COVID-19
Source: 1851 Franchise --- Of the many industries disrupted by the COVID-19 pandemic, commercial real estate was among the hardest hit. One might reasonably assume that a struggling commercial real estate sector would be good news for franchisees hoping to secure more...
Here’s What the Future of the American House Looks Like
Source: Veranda --- After more than a year of quarantine life at home, even The Wizard of Oz’s Dorothy might click her twinkling heels and say, “There’s no place like a cocktail bar.” The pandemic certainly shaped how we live in our respective domiciles—and did so in...
Mariah Carey Sells Atlanta Mansion at Discounted Price
She bought the property in November 2021 via an off-market purchase of $5.65 million. Continue Reading Mariah Carey Sells Atlanta Mansion at Discounted Price
Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move
59% of homeowners said their renovation projects focused on energy efficiency. Continue Reading Inflation Causes Most Homeowners to Postpone Renovations, But They’re Not Planning to Move
Feds Seek Input on Updating AVM Quality Control Standards
“The proposed standards are designed to ensure a high level of confidence in the estimates produced by AVMs,” said the agencies. Continue Reading Feds Seek Input on Updating AVM Quality Control Standards
FHLBank Boston Debuts Pilot Program to Assist Nonwhite First-Time Buyers
FHLBank Boston President and CEO Timothy J. Barrett seeks to “overcome some of the barriers to homeownership for people of color.” Continue Reading FHLBank Boston Debuts Pilot Program to Assist Nonwhite First-Time Buyers
MBA: Commercial and Multifamily Mortgage Delinquencies Up in Q1
“Delinquency rates increased for every major capital source during the first quarter,” said MBA’s Jamie Woodwell. Continue Reading MBA: Commercial and Multifamily Mortgage Delinquencies Up in Q1
ESSA Bank & Trust in $3 Million Settlement with Feds Over Redlining Charges
“We are proud of our record of community service,” said Gary S. Olson, the bank’s chief executive. Continue Reading ESSA Bank & Trust in $3 Million Settlement with Feds Over Redlining Charges
CMBS Delinquency Rate Shoots Up to 14-Month High
The CMBS delinquency rate is now at its highest level since March 2022, while the 53-basis point upswing was the largest since June 2020. Continue Reading CMBS Delinquency Rate Shoots Up to 14-Month High
Look Up, Folks, Because That’s Where Mortgage Rates Are Heading!
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.09%. Continue Reading Look Up, Folks, Because That’s Where Mortgage Rates Are Heading!
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
