Subscribe to Email News Updates
Demand For Second Homes Is Way Down From Last Year’s Boom
Source: Redfin --- Demand for vacation homes is way down after last year’s pandemic-driven boom. Mortgage-rate locks for second homes were up 9.1% from pre-pandemic levels in April, essentially unchanged from a revised rate of 8.7% in March and down from 15% in...
Before and After: Flipping the Layout of This ’90s Kitchen Made It Way More Spacious
Source: Apartment Therapy --- Large windows that let in lots of natural light are a gift in any home or apartment, but that gift is rendered almost useless if the windows are blocked by trees or hedges on the outside or walls or half-walls on the inside that disrupt...
In With the New or In With the Old? Top U.S. Cities with Largest Shares of Old & New Homes for Sale
Source: Point2 Homes --- As far as dream houses go, no two are alike: Some homeowners find old architecture irresistible, others are drawn to slick up-to-date features. While there’s no definite correlation between price and building age to back up this preference,...
Best Week For Rates in Almost 2 Years, But There’s a Catch
Source: Mortgage News Daily --- Mortgage rates have moved higher at the fastest pace in decades so far in 2022, but this week proved to be a refreshing exception. To understand why, we first need to examine the relationship between stocks and bonds, which is a bit...
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market
Source: Housing Wire --- While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help...
SPEND LESS ON CLIENT ACQUISITION, BOOST LOYALTY AND REFERRALS
Source: RisMedia --- The real estate industry spends way too much money finding new clients. Approximately 20% of all marketing dollars go toward adding new clients, only to lose them as they leave the closing table. Compare that to companies such as Southwest...
