Housing Opportunities Shrink in the West
While most markets across the nation remain relatively unchanged, a longer term dip in distressed saturation levels in the West indicates a strong recovery at the expense of overall affordability, according to Clear Capital’s® August 2016 Home Data Index (HDI) Market report. Regionally, the South and West are continuing to dominate our list of the […]
First Mortgage Defaults at Lowest Level since January 2007
The first mortgage write-off rate is 3.3 basis points (100ths of a percentage point) of outstanding balances, while the total number of first mortgage defaults in June was 17,909, the lowest since January 2007, according to the June 2016 Equifax National Consumer Credit Trends Report. Equifax defines a write-off as a loan terminated in severe derogatory […]
Ogle the Priciest Homes in the Country
Do you ever dream of living in a mega mansion with a swimming pool-sized bathtub and a guest house that can fit a football team? Of course you do. Whether you want to walk the halls where celebs once clicked their heels, or prep a meal in a gourmet kitchen ripe for a Cooking Channel […]
Best and Worst Things to Buy in August
(TNS)—It’s already August. That means it’s about time for the kids to go back to school and for fall clothes to start popping up in stores. If your budget is hurting from summer festivities and you’re stressing about upcoming expenses, know that the right planning can get your finances back on track. If you plan […]
Reader Report: Weighing in on Home Warranties
The home warranty has long been a staple of the U.S. residential real estate transaction. Taking the unexpected expense out of unexpected home repairs has always been critical in providing buyers and sellers peace of mind before, during and especially after the sale closes. But in discussing this important topic with your listing and buyer […]
Raising the Bar: What It Means for Brokers, Business, and Risk Management Strategies
Should you raise the bar with your hiring techniques? This topic is explored in the following Power Broker Roundtable, moderated by J. Nicholas (Nick) D’Ambrosia, Liaison for Large Residential Firms Relations, NAR and Broker of Record, The Long & Foster Companies, Chantilly, Va. Panelists: Richard (Rick) Haase, President, Latter & Blum REALTORS®, New Orleans, La.Lori […]
Crowdfunding a Better Future: Companies Partner to Bring Homeownership to Hundreds in El Salvador
Are you looking to use your real estate career as a platform for your philanthropic vision? Perhaps your team is looking for a meaningful way to give back. This was exactly the idea behind a recent Better Homes and Gardens campaign to crowdfund an 80-home El Salvadorian community. By partnering with the non-profit New Story, […]
Houston job growth slower than any other major US city, report says
Real estate markets follow an ebb and flow dependent upon the variables of local economy. In Houston, where the ebb is currently ebb-ing very hard, job growth has come to screeching halt compared to the rest of the country. Data from the Dallas Federal Reserve published in the Houston Chronicle shows that job growth in […]
News Corp. reports $2.2B in revenue, 21% increase in digital real estate
News Corp., the global company that owns realtor.com operator Move, Inc., reported its financial results for fiscal year 2016 — which ended in June — and it’s no surprise that the company’s recap is praising its digital real estate properties for their contributions to its bottom line. “Since the advent of the new News three […]
Ogle the Priciest Homes in the Country
Do you ever dream of living in a mega mansion with a swimming pool-sized bathtub and a guest house that can fit a football team? Of course you do. Whether you want to walk the halls where celebs once clicked their heels, or prep a meal in a gourmet kitchen ripe for a Cooking Channel […]
