Real Estate Agent Tools
Gain Insights on Clients Before They Walk in the Door
Source: Scotsman Guide --- Today’s homebuyers are more educated than ever about the housing market, prices and financing options. But even though borrowers are doing their homework, a sizable share of the work still falls to mortgage originators and lenders. There is...
4 Tips for Investing in Real Estate As a Millennial
Source: Realty Biz News --- Millennials, along with baby boomers, are driving real estate activity. As a matter of fact, the National Association of Realtors has noted that this generation of young adults comprises the majority of homebuyers in 2020. Apart from that,...
UK mortgages: Millions to face loan repayments beyond retirement age
Source: Yahoo! News --- The number of mortgage applications fell sharply in the final quarter last year as the cost of living is pushing those getting on the housing ladder to get longer mortgages to be able to afford the bills. The total number of house loans made in...
A new scam is hitting Richmond’s housing market
Source: Axios Richmond --- Local real estate associations are sounding the alarm on a new scam hitting the market: fraudulent listings of real lots and homes that aren't actually for sale. Why it matters: This latest scam targets real estate agents and has resulted in...
The Top Real Estate Companies in Maine
Source: US News --- Known for its glorious fall foliage and quaint coastal towns, Maine is a state that attracts homebuyers with all sorts of budgets. The average home value in Maine is around $345,000, according to Zillow. That's about a 10% increase from a year...
US housing market on a downward slop as buyers and sellers contend with a fresh spike in mortgage rates
Source: TDPel Media --- Consumer confidence in the US housing market reached a near all-time low in February due to a new surge in mortgage rates and growing anxiety about job security. Fannie Mae’s monthly Home Purchase Sentiment Index fell by 3.6 points to 58.0 in...
More Declines Ahead for U.S. Housing Market After Dead Cat Bounce?
Source: Investing.com --- The U.S. housing market is currently the least affordable in at least 25 years. Affordability is, generically, the ratio of monthly income vs. the median price of a home. Essentially the degree to which a potential home buyer can afford the...
House Bill introduced in Texas Aims to Reduce Wait Times for Development Permits
A bill introduced in the Texas House aims to cut down on development permitting backlogs across the state by offering alternatives if local authorities don’t make a decision on them within a specific time frame. House Bill 14 would require regulatory...
Housing Rents Drop to Lowest Level in Over a Year
The median U.S. asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Rents were up nearly...
Why There Are No Houses to Buy in Many U.S. Metro Areas
Source: Time --- Mortgage rates are rising, and the housing market appears to be softening nationwide. But in many U.S. markets, would-be buyers are facing a big problem: there’s just nothing to buy. Housing inventory—the number of homes on the market—has been falling...
Confidence in the US housing market is approaching an all-time low
Source: New York Post --- Consumer confidence in the US housing market approached an all-time low in February as buyers and sellers contend with a fresh spike in mortgage rates and mounting anxiety about job security. Fannie Mae’s monthly Home Purchase Sentiment Index...
High Country Real Estate Part IV: Everything is Relative
Source: High Country Press --- It’s hard to miss all the doom and gloom in the media regarding the economy lately. Traditionally, when the media evaluates the economy they talk about two things: unemployment and the housing market. However, the pandemic from 2020...
Recent Posts
Hits and Misses for the Real Estate Week of May 11-15- Florida Home Sales Activity Ratchets Up
- Groundbreaking for New 348-Unit Affordable Housing Community in Austin
- New Educational Initiative Offers Introduction to Tax Lien Investing
- Texas Attorney General Warns Localities Against Violating New Law in Raisin…
