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Virtual Reality Tech Firm Seeks Partnership with Luxury Real Estate Sales Group
Company founder John Deters defined VRComfort Labs as “a research and development company, not an expert in any vertical market.” Continue Reading Virtual Reality Tech Firm Seeks Partnership with Luxury Real Estate Sales Group
United Real Estate Rolls Out Financial Wellness Program
“We are solving longstanding problems for self-employed practitioners,” said Phillip Cantrell, executive vice president for strategy. Continue Reading United Real Estate Rolls Out Financial Wellness Program
Additional Reading: Realtor Tools & Insights
New List Compiles Lenders Offering 100% LTV HELOCs
The new list located 100% LTV home equity lenders in 48 out of 50 states. Continue Reading New List Compiles Lenders Offering 100% LTV HELOCs
Snapdocs Promotes Michael Sachdev to CEO
He succeeds company founder Aaron King, who will take on the role of executive chairman. Continue Reading Snapdocs Promotes Michael Sachdev to CEO
Start-up Platform Roam Offers Mortgages as Low as 2%
Roam’s service is currently available in Arizona, Colorado, Florida, Georgia and Texas, with plans to expand into new markets soon. Continue Reading Start-up Platform Roam Offers Mortgages as Low as 2%
Is Real Estate a Better Investment Than the Stock Market?
Source: A Wealth of Common Sense --- A reader asks: We own a cash-flowing rental property with a sub-3% mortgage with 28 years remaining. On the Aug 18th episode of Portfolio Rescue, Barry said “Real estate more or less returns zero net of inflation.” However, does...
U.S. Housing Market Moves Closer to Favoring Buyers; Sellers’ Markets Show No Sign of Slowing Down
Source: PR Newswire --- Knock Buyer-Seller Market Index shows that nation's largest housing markets did not favor buyers or sellers in October The shift toward buyer-favorability is occurring in neutral and more-buyer friendly markets, while the hottest sellers'...
Real Estate Trends: Are We Headed For Another Housing Market Crash?
Source: Forbes --- Key takeaways Many industry leaders, including Goldman Sachs, have altered their predictions for the housing market since early Fall 2022. While mortgage rates have dropped over the past several weeks, they’re not likely low enough to impact...
FHFA Announces Increase Conforming Loan Limit to $726,200
Baseline Conforming Loan Limit Will Increase to $726,200 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2023. In...
In tough housing market, mortgage rate buydowns gain momentum
Source: Bankrate --- Amid higher mortgage rates and a cooling housing market, some home sellers are wooing buyers with a freshly popular incentive: paying for a temporary reduction to the buyer’s mortgage interest rate. Why are buydowns popular now? In one common...
Real Estate Entrepreneur Educates With Strategies For The Wholesale Market
Source: Forbes --- Financial literacy is a top priority for students looking to graduate high school prepared for real-world responsibilities. However, according to a CNBC report, there are no federal guidelines for teaching personal finance inside schools. While...
Why Owning Real Estate in Retirement Is a Good Idea
Source: Crossroads Today --- Owning rental real estate can be a good idea, no matter what age you are. But owning real estate in retirement can be extra advantageous because it can help you diversify your retirement income while also padding your retirement savings....
MLO recession survival guide Part 2: Buyers’ agents and underwater home sellers
Source: firsttuesday Journal --- Consumer mortgage originations plummet — so what now? The rapid mortgage interest rate hikes of 2022 caught homebuyers and sellers completely off balance. With prices toppling traditional sales volume and mortgage rates essentially...
Reflecting Its Growing Market Domination, Heroic Headshots Becomes Headshots.com
Staggering Growth Rate Gives Company Springboard for Name Change; Expected to Raise Awareness in the Real Estate Industry, Where Headshots Are Vital LOS ANGELES (November 28, 2022) --When your company experiences an astounding 1,000% YOY growth rate, you’ve got to be...
Will 2023 Be a Good Year to Refinance a Mortgage?
Source: The Ascent --- When mortgage rates dropped to record lows in 2020, homeowners across the country rushed to refinance their loans. And many were able to reap a lot of savings in the process. But refinance volume has slowed down significantly this year, and for...
