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MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1
Q1 was an improvement from the reported loss of $2,812 per loan in Q4 2022. Continue Reading MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1
Zillow Debuts ChatGPT Plugin
The Zillow ChatGPT plugin is currently in its alpha phase. Continue Reading Zillow Debuts ChatGPT Plugin
Additional Reading: Realtor Tools & Insights
Quarter of people have seen housing costs rise in past three months as increasing rent and mortgage rates put pressure on household finances
Source: This Is Money --- A quarter of British adults have seen the cost of their mortgage or rent increase over the past three months, with 18–34-year-olds the most likely to be affected. Meanwhile only 3 per cent of people saw their rent or mortgage payments...
Growing your real estate business abroad? Consider a helping brand
Source: Inman --- In today’s global business landscape, taking the right name — and all that comes with it — can make all the competitive difference. More than a name and a pretty logo, a brand is a feeling — purchased in trust, maintained by consistency, and...
What is an independent broker? Pros and cons
Source: Inman --- For real estate agents who are looking for a chance to take their professional life to the next level, pursuing the role of real estate broker is a natural step. While part of the pursuit of this goal involves additional education and training, it...
Warehouses become prime local real estate
Source: Hawaii Public Radio --- One often hears about Hawaiʻi’s housing shortage, but there’s another building type in short supply: warehouses. According to a report from Colliers International Hawaii, the vacancy rate in the industrial sector fell to 1.73% percent...
BBB expert explains potential pitfalls of reverse mortgages
Source: Fox 2 Now --- ST. LOUIS – Reverse mortgages have been around for 60 years now and they are advertised to seniors as a way to access the equity of their home quickly. Since the pandemic began more than a year and a half ago some have been turning to these loans...
The Market for Single-Family Rentals Grows as Homeownership Wanes
Source: New York Times--- The lawns are manicured. The swimming pools sparkle in the sun. And the homes, all of them turnkey and smelling of fresh paint, are lined up in tidy rows, an army of cookie-cutter porches standing at attention. Covid-19 inflamed the real...
How Industry Mogul Ryan Serhant Is Redefining The Luxury Real Estate Space
Source: Philadelphia Style Magazine --- SERHANT. is the first real estate brokerage designed and reimagined for the marketplace of tomorrow. The company grew from the #1 ranked sales team in New York City into a full-service firm that is revolutionizing the...
Psychoanalyzing the Housing Frenzy With Redfin’s CEO
Source: Curbed --- In the first week of April 2020, Glenn Kelman made a bad decision that was still on his mind 15 months later, because, he told me, “I get paid a lot of money to make good decisions.” Like so many bad decisions, this one seemed at first like a good...
15 Real Estate Insiders Share Their Tips For Buying Your First Investment Property
Source: Forbes --- Buying an investment property is a great way to earn extra income and build long-term wealth. However, there are many considerations that go into buying your first investment property, especially in the current real estate market. Because investment...
How To Break Into The Luxury Real Estate Market
Source: Pursuitist --- The luxury real estate market can seem inaccessible. However, you do not necessarily need to be an elite class of worker to immerge on the scene. Success only comes here if you have a precise strategy in place. You need to adopt many measures...
My Real Estate Secret Weapon Didn’t Work. Or Did It?
Source: The New York Times Magazine --- Buyers’ letters are controversial — and not necessarily very effective. But when you keep losing bidding wars, it helps to at least name the future you want. Flagstaff, Ariz., has become a hard town to buy a home in — it’s one...
How to buy a house with a low income
Source: Bankrate --- If you have a stable job but are earning less than you’d like, you might be concerned that this can impede your ability to purchase a home. The good news: There are mortgages and assistance options that can help you become a homeowner, even with a...
Current mortgage rates for Oct. 19, 2021: Rates cool off
Source: CNET --- Today a number of important mortgage rates declined. Let's see how that could affect your home loan payments. A few closely followed mortgage rates fell today. Average 15-year fixed mortgage rates climbed, while average 30-year fixed mortgage rates...
