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Survey: Most Younger Homeowners Are Spying on the Value of Friends’ Homes

Survey: Most Younger Homeowners Are Spying on the Value of Friends’ Homes

by Phil Hall | Jun 28, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The concept of keeping up with the Joneses has a new digital twist as most younger Americans go online to spy on the value of their friends’ homes. According to a new survey by Mphasis Digital Risk of 1,386 adults ages 46 and younger, the majority (66%) acknowledged...
What Impact Does a Rainbow Flag Have on Homebuyers?

What Impact Does a Rainbow Flag Have on Homebuyers?

by Phil Hall | Jun 27, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While the visibility of rainbow flags has been more pronounced in the past few weeks due to the Pride Month observances, Redfin (NASDAQ:RDFN) polled homebuyers to see whether the presence of a rainbow flag would either enhance or sour their perception of a...
FHA Requires Lenders to Start Using SCIF

FHA Requires Lenders to Start Using SCIF

by Phil Hall | Jun 27, 2023 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The Federal Housing Administration (FHA) will require lenders to use the Supplemental Consumer Information Form (SCIF) when originating mortgages for FHA insurance. The SCIF (Fannie Mae/Freddie Mac Form 1103) is used during the mortgage application process and enables...
Home Sales Up While Prices Decline

Home Sales Up While Prices Decline

by Phil Hall | Jun 27, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports pointed to an increase in U.S. single-family home sales and a decline in home prices. The U.S. Census Bureau and Department of Housing and Urban Development reported sales of new single‐family houses during May were at a seasonally adjusted annual...
A Phil Hall Op-Ed: Can You Sell a Slovenly Home?

A Phil Hall Op-Ed: Can You Sell a Slovenly Home?

by Phil Hall | Jun 26, 2023 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

I was on a real estate hunt a few years ago and visited too many residential properties that must have been occupied by the worst slobs in North America. One home had a kitchen that was the domicile for a small army of ants. Another had a significant water stain on...
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