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Repayment Terms: Home Equity Loan vs. Mortgage
Source: Investopedia --- Buying a home is one of the most significant investments you can make. For most home buyers, that large of a purchase requires financing in the form of a mortgage. But once you have made your purchase, your mortgage payments start working for...
The Fed’s own economists are ringing the recession alarm – and warning stocks and real estate prices could tumble
Source: Markets Insider --- The Federal Reserve's own economists have just warned the US could suffer a recession this year. They've raised the alarm about stocks and real-estate prices — which they say are aggressively valued and could plummet — and said painfully...
Home Prices Just Hit the Skids: ‘The Balance Is Shifting’
Source: Realtor.com --- The housing market today remains in a hazy no man’s land, with neither buyer nor seller willing to surrender what little control they have. Buyers face the dual enemies of high home prices and mortgage rates, which have been bouncing between 6%...
How can a real estate agency become profitable quickly and effectively?
Source: Estate Agent Today --- Let's imagine that you are launching a real estate business. It appears like a brilliant notion to run a firm without using pricey tangible assets or special developments. But nothing is as easy as it seems. Entrepreneurs are being...
UpNest review: What it is and how it works
Source: Yahoo! --- UpNest is an online platform that helps people find a real estate agent in their area. The service is free for both buyers and sellers. After entering some details about your needs, you will receive proposals from members of UpNest’s network of...
U.S. Homeowners Have Lost $2.3 Trillion In Value Since June Peak
Source: Redfin --- The Bay Area housing market has lost more value in percentage terms than anywhere else in the country amid sluggish demand. Florida continues to see large gains. Home values are holding up better in the suburbs than in cities, which have seen an...
Radian Hires Sumita Pandit as Chief Growth Office
Radian Group Inc., a real estate organization that specializes in mortgage insurance, announced that Sumita Pandit has been appointed Senior Executive Vice President and Chief Growth Officer. Reporting to Radian’s Chief Executive Officer Rick Thornberry, she will join...
Housing Market Recovery Held Back by Costs, Low Supply
According to a new report from RedFin, an online real estate brokerage, home-purchase applications dropped to the lowest level since 1995 last week as mortgage rates jumped on expectations that the Federal Reserve will need to raise interest rates again to combat...
ECI Group taps Suzy Alford as Chief Administrative Officer
ECI Group, a privately owned real estate organization that focuses on the multifamily space, welcomes to the company leadership Suzy Alford as Chief Administrative Officer. In this newly created role, Suzy will be responsible for the firm's Human Resources, Risk...
RE/MAX Changes Marketing Plan with “Unstoppable Starts Here” Campaign
On the heels of its 2023 advertising campaign launch, RE/MAX® has rolled out the "Unstoppable Starts Here" campaign. The campaign was created to provide the brand and its network with tools that speak to the various benefits of brand association with the balloon – all...
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