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Final Offer Acquires Off-Market Listing Resource Private Collection
The financial terms of the deal were not disclosed. Continue Reading Final Offer Acquires Off-Market Listing Resource Private Collection
PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
The first installment of the series will feature 20 short videos. Continue Reading PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
Additional Reading: Realtor Tools & Insights
Colibri Real Estate to Host Virtual Career Expos
Both expos will take place virtually and there is no cost to attend. Continue Reading Colibri Real Estate to Host Virtual Career Expos
Houston Association of Realtors in Data Integration Deal with Latin American MLS
HAR’s 48,000 MLS subscribers will have direct access to more than 60,000 listings across 22 countries. Continue Reading Houston Association of Realtors in Data Integration Deal with Latin American MLS
NAR Publishes New Resources for Post-Settlement Home Sale Transactions
Included are fact sheets on how what homebuyers and home sellers should expect after the settlement goes into effect. Continue Reading NAR Publishes New Resources for Post-Settlement Home Sale Transactions
Are iBuyers good or bad for the real estate ecosystem
iBuyers, short for "instant buyers," are companies that use technology and data analysis to make fast cash offers on homes, usually at a discount. The concept of iBuyers first emerged in the early 2010s as a response to the traditional home selling process, which can...
Here’s What Happens When You Can’t Make Your Mortgage Payment
Source: The Ascent --- It's been a very difficult time to be an ordinary American homeowner as of late. If you bought a home in the last few years, you might be grappling with higher housing payments due to elevated home values. They climbed in the last three years...
Should I Refinance My Mortgage?
Source: Buy Side from WSJ--- For most people, the prime reason to refinance a mortgage is to lower their interest rate and monthly payments. So, when mortgage rates dipped to record low levels early in the coronavirus pandemic, refinancing activity soared. Right now,...
This is why you need a mortgage pre-approval before shopping for a home
Source: CNBC --- If you’re ready to begin your home shopping journey, make sure you get a mortgage pre-approval first. A mortgage pre-approval letter is an essential step in the homebuying process. Without pre-approval, it might be difficult to determine your budget....
The mortgage rate you get depends partly on your credit score. Here’s what to expect
Source: CNBC --- Anyone who’s exploring homeownership may know that rising interest rates and elevated home prices are making that goal challenging. The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last several...
ChatGPT and Artificial Intelligence have proven to be ‘a super assistant’ for real estate market: Broker
Source: Yahoo! Finance --- FI Real Estate CEO and Broker Filippo Incorvaia joins Yahoo Finance Live to discuss how AI is helping real estate brokers and impacting the housing industry. Video Transcript BARBARA CORCORAN: It's not just agents in real estate. Everybody...
Seven secrets about Santa Ynez Valley real estate market
Source: Santa Barbara News-Press --- Here are seven reasons why people want to live in the Santa Ynez Valley: 1. Value. It is less expensive than Santa Barbara and only 30 miles away. Nearly everyone lives in the Santa Ynez Valley by choice when many could live...
Real estate isn’t an alternative — it’s a core investment
Source: Investment News --- You can hardly browse or tune into the financial news without real estate being presented as an “alternative” investment. And yes, real estate has unique investment characteristics that set it apart from asset classes like stocks and bonds....
The “Art” of Negotiating a Commercial Real Estate Mortgage Loan Term Sheet
Source: JD Supra --- When a borrower is seeking real estate financing, there is invariably timing pressure to solidify a mortgage loan term sheet (on occasion, in the form of a loan commitment or loan application), so that the next steps in the loan process (lender’s...
How a Houston real-estate agent who closed $28 million in deals in 2022 turned her broadcast news layoff into a lucrative new career
Source: Insider --- Before she was a successful real-estate agent closing on nearly $28 million in deals in 2022, Lily Jang was a news anchor for KHOU-TV in Houston. She never would've left the broadcasting world, she told Insider, had the TV station not gone through...
