The founder and chairman of Quicken Loans, now the largest mortgage company in the U.S., revealed that he does not consider himself to be “in the mortgage business.” Dan Gilbert, who in 1985 founded what would grow to become the Quicken Loans of today, presented at the Mortgage Bankers Association conference in Detroit with Vice Chairman Bill […]
The Corcoran Group today announced the launch Corcoran-branded stickers for Instagram Stories, the platform’s feature that allows users to post photos, and live and pre-recorded videos that disappear in 24 hours. Source: click here
OfferPad says it was not given any advance warning from Zillow ahead of Zillow’s move to expand Instant Offers by becoming an investor/homebuyer and seller in its own right. Source: click here
The sheer work ethic of Michael Jordan, the mindset of a Jedi, the adaptability of a chameleon and the dogged humility of a servant — put it all together with a commitment to real estate, and you just might get a top-producing agent. Source: click here
Existing-home sales continued to trend upward in March for the second straight month, the National Association of Realtors reported on Monday. Existing-home sales jumped 1.1 percent, climbing to a seasonally adjusted annual rate of 5.6 million. In spite of low inventory challenges that have persisted into 2018 and increasing home prices nationwide, it’s the second month in […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Monday, April 23 Bankrate mortgage rates The average 30-year fixed-mortgage rate is 4.41 percent, up 6 basis points since the same time last week. A month ago, the average rate on a 30-year fixed mortgage was […]
We’re focusing on how agents and brokerages can all move Faster, Better, Together this July at Inman Connect San Francisco. Not got your ticket yet? Buy it here, and remember that Select members get a $100 discount. Thinking of bringing your team? There are special onsite perks and discounts when you buy those tickets together […]
In April, rents increased month-over-month in 81 percent of the nation’s 100 largest metropolitan statistical markets (MSAs), and that number jumps to 89 percent when looking at year-over-year trends. When home and rental prices are all on the rise, it’s easy for buyers and renters to be lured into scams with hopes of saving a […]
The Fed has been oh-so-gradually pushing up on the cost of money, an overnight rate, but only this week has that up-pushing (from “underneath” as traders would say) moved long-term rates, specifically the 10-year T-note, which defines mortgages and a lot else. Source: click here
Sunday, April 22 is Earth Day — a time to appreciate this beautiful planet and raise awareness about the ways we can protect and make it better it for generations to come. As it turns out, when it comes to real estate, upgrading a home to be more sustainable and earth-friendly isn’t just good for […]
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