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Redfin Adds Enhancements to AI-Powered Home Design Tool
Users can now access AI-powered recommendations for light renovations, furniture and decor. Continue Reading Redfin Adds Enhancements to AI-Powered Home Design Tool
CRMLS and BeachesMLS in Reciprocal Access Agreement
The reciprocal access between systems will be made available to users of both MLSs immediately. Continue Reading CRMLS and BeachesMLS in Reciprocal Access Agreement
Additional Reading: Realtor Tools & Insights
Search by School Feature Added to Zillow App
The feature is currently available on the iOS mobile app and will be on Android platforms by the end of the year. Continue Reading Search by School Feature Added to Zillow App
titleLOOK Expands Title Report Reviews to Mortgage Banking Sector
The Bangor, Maine-based titleLOOK by Mainspring Services announced that it is now offering its automated title review to lenders, government-sponsored enterprises and other organizations in the mortgage banking sector. titleLOOK was launched in 2021 and was initially...
Tech Trends: How One Tech Company Succeeded in This Market
Cecilian Partners raised $11 million in its first institutional equity round led by Resolve Growth Partners. Continue Reading Tech Trends: How One Tech Company Succeeded in This Market
6 Overlooked Investment Opportunities in Commercial Real Estate
Source: Entrepreneur --- In commercial real estate, smart owners exploit every available opportunity to maximize their net operating income (NOI) and create new, leverageable equity. Over time, small changes can generate millions of dollars in cash flow and added...
Is Real Estate Syndication The Right Investment Strategy For You?
Source: Forbes --- If you're interested in supplementing your primary income, investing in real estate can be the right avenue. Unlike most other income streams, real estate investments offer flexibility when it comes to your involvement. You can either be an active...
The Important Details You Should Know About Home Renovations
If you are considering a home renovation in the future, then it is a good idea to understand the ins and outs of what a project like that might entail. There can be many moving parts, but once you have a better understanding, then your project can go off without a...
Dave Ramsey Says Home Buyers Should “Find a New Lender” in This Situation
Source: The Ascent --- Finding a mortgage lender can be a really confusing process. There are lots of different kinds of home loans out there, and many different types of lenders including banks, credit unions, and online lenders. There are also myriad criteria to...
What Buyers Need To Consider in The Current Housing Market
Source: WRAL News --- The winds have turned on the US housing market. Sellers listed 24% fewer homes in October compared to 2021, according to data from Zillow. Fewer people are buying houses though, sales dropping 17% below the pre-pandemic estimates in 2019. After...
New To Real Estate Investing? Understanding Multifamily Investments (Part 2)
Source: Forbes --- Many new investors in the real estate space are unaware of the myriad opportunities in multifamily, often because they are intimidated by the scale of the investment or they are unaware of avenues they can take. As I mentioned in part one, while...
How do fixed-rate mortgages work? Is a fixed-rate loan best?
Source: The Mortgage Reports --- What is a fixed-rate mortgage? In mortgage terms, a fixed rate means the interest rate remains the same for the life of your home loan — keeping your monthly principal and interest payment consistent. The rate on a fixed mortgage is...
Mortgage financing options in a higher interest rate environment
Source: Consumer Financial Protection Bureau --- Over the past two years, interest rates have risen from historical lows to as high as 7% for 30-year fixed-rate mortgages. Interest rates have remained elevated at levels that haven’t been seen for nearly 20 years....
3 Signs You’re About to Use the Wrong Mortgage Lender
Source: The Ascent --- These days, signing a mortgage means taking on a really big financial commitment. Home values are still elevated on a national level, and mortgage rates are the highest they've been in decades. And so chances are, if you're taking out a...
Borrowers need to cut subscriptions before mortgages, say brokers
Source: FT Adviser --- Homeowners weighing up forbearance options in light of rising interest rates should be making cuts to their subscriptions before they consider making changes to their mortgages, brokers have said. This month, chancellor Jeremy Hunt and the...
