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Top comments of the week March 13-17, 2017

Representing LGBT homebuyers John J Graff · Commented on Housing policy summit tackled LGBT Fair Housing and equality Housing discrimination against the LGBT community is more pervasive than many realize. Based on a major national study, 48% of older same-sex couples face discrimination when they apply for senior housing. And in 2013, a U.S. Department […]

The Lead Lifecycle: From First Call to the Closing Table & Beyond [Educational Webinar]

Register now Billy Ekofo says the real estate industry is broken… More and more attention has been diverted to sales, growth, and more recognition of financial achievement. Conversations are about leads, conversion, ROI, gross commission, technologies, and acquisitions — all the while alienating the very people and communities that real estate professionals are supposed to […]

4 quick tips for personal safety in real estate

In this week’s video, Peter Lorimer of PLG Estates discusses a somber and crucial topic: safety in real estate. In the past year or two, there have been some serious attacks in real estate. Here are safety tips real estate agents can employ immediately. 1. Make sure you let someone know who and where you’re meeting […]

How a 1-year rookie landed the $20M ‘Friday Harbor Retreat’ listing

Melissa Boucher is a real estate “rookie” who just completed her first year in the business.But don’t let her first-year status fool you — she’s had a number of home runs, the latest being a $20 million estate simply known as the “Friday Harbor Retreat,” located in the scenic San Juan Islands.Boucher, who works for the […]

CFPB orders Nationstar to pay $1.75M for inaccurate loan data

The Consumer Financial Protection Bureau (CFPB) is ordering Nationstar, owner of real estate platform Xome, to pay a $1.75 million civil penalty for failure to report accurate data on its loan transactions between 2012 and 2014, in violation of the Home Mortgage Disclosure Act (HMDA). The Home Mortgage Disclosure Act was originally enacted by Congress […]

Why you can expect mortgage rates to creep toward 5% this summer

First, may as well get the embarrassing part over: the Fed raised its rate today, and mortgage rates fell.“Fell” is a bit of an overstatement, the decline no more than a fractional point — a large loan, fine credit, 80 percent, 30-year fixed still sits between 4.375 percent and 4.50 percent.Nevertheless, any drop is the […]

Fed hikes rates, as expected; mortgage rate movement not anticipated

“The Fed will raise the overnight cost of money on Wednesday, from a band 0.50 percent-0.75 percent to 0.75 percent-1.00 percent,” predicted Inman writer Lou Barnes on Friday. That’s a 0.25-percent hike. Sure enough, at its meeting today, the Federal Reserve governors voted to raise interest rates by 0.25 percent, to 0.75 percent to 1.00 percent. “That Fed move is […]

Daily market update: March 16, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. Attom Data Solutions Foreclosure Activity for February 2017: Overall foreclosure activity in February dropped to a new 11-year low, the lowest since November 2005. States with a year-over-year increase included New Jersey (up 16 percent); Delaware (up 14 percent); Louisiana (up […]

Crazy Sh*t In Real Estate podcast Episode 14: Squatters, creatures and a machete

Reposted with permission — show notes and credits available here. Crazy squatters, lurking animals, a machete-wielding weirdo and a suspicious-looking neighbor — today’s guest has seen it all. Listen as Julie Nikolaou shares her outrageous and eventful experiences with a bank owned property she’s currently handling in Appleton, Wisconsin. Do you have a crazy real estate […]

Are the suburbs a better deal for millennials?

Much has been made of the millennial desire to live in cities; however, a couple of recent studies show that for families with kids, the suburbs might be the place to be. The National Association of Realtors 2017 Home Buyer and Seller Generational Trends study found that more millennials are moving to the suburbs with […]

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