Real Estate Agent Tools
What is Landlord Insurance, and How Does it Work?
Source: Point 2 Homes --- What is Landlord Insurance? Landlord insurance is a policy that is specifically designed to protect owners of rental properties. There are different levels of coverage, but for the most part, the policy is aimed at non-owner-occupied...
Buying vs. Renting — How the 5% Rule Can Help You Decide
Source: Point 2 Homes--- The 5% rule was coined by Canadian investment portfolio manager Ben Felix. It stems from the general consensus among potential homebuyers that if you can afford to make mortgage payments that are equal or less than what you’re paying in rent,...
Nearly Half of Homes Sold Within Two Weeks of Being Listed
New listings in April were down 23% year-over-year, the second biggest decline since the start of the pandemic. Continue Reading Nearly Half of Homes Sold Within Two Weeks of Being Listed
Simon Property Group Puts New Focus on Residential and Hotel Development
Chairman, President and CEO David Simon declared this was “probably a five-year build process” that is expected to begin later this year. Continue Reading Simon Property Group Puts New Focus on Residential and Hotel Development
New York State Considers Raising Reverse Mortgage Borrower Age
The bill would also define the role of a non-borrowing spouse in the reverse mortgage. Continue Reading New York State Considers Raising Reverse Mortgage Borrower Age
Montreal Homes Sales in 26% Decline
“Activity was disappointing in April after a promising month of March,” said QPAREB’s Charles Brant. Continue Reading Montreal Homes Sales in 26% Decline
The Real Brokerage Expands Into Manitoba
The new business will be led by Susan Auch, a five-time Olympian and three-time Olympic speed skating medalist. Continue Reading The Real Brokerage Expands Into Manitoba
Better Debuts Digital HELOC Product Line
The company said closings occur in as little as three days from an application. Continue Reading Better Debuts Digital HELOC Product Line
Guest Opinion: Recruiting to Reality
I recently spoke to the wife of a friend who had been planning a career change into residential real estate but was now having second thoughts. Sound familiar? “Is this a bad time to give up my job and take the plunge?” she asked. “Good question!” I said,...
Mortgage Rates Take a Drop
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%. Continue Reading Mortgage Rates Take a Drop
Active Home Listings 50.5% Below Pre-Pandemic Levels
Last month, the national median list price was $430,000 in April, up from $424,000 in March. Continue Reading Active Home Listings 50.5% Below Pre-Pandemic Levels
Home Equity Ticks Downward for Second Straight Month
ATTOM determined the number of equity-rich mortgage-payers dropped on a quarterly basis in 32 of the 50 states. Continue Reading Home Equity Ticks Downward for Second Straight Month
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