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Down payment crowdfunding platform HomeFundMe launches mobile app

HomeFundMe, the down payment assistance crowdfunding platform introduced by national mortgage banking firm CMG Financial last October, unveiled a new app for the platform Thursday morning available on both iOS and Android. Source: click here

Real estate daily market update: April 19, 2018

 We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, April 19 Zillow Mortgage Rate Ticker The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.25 percent, up six basis points from this time last week. The 30-year fixed mortgage rate rose late last […]

Household incomes failing to catch up to rising home prices, NAR report says

Rising home prices are outpacing household incomes nationwide, making it even tougher on first-time buyers, a new report from the National Association of Realtors and Realtor.com found. First-time buyers in Hawaii, California, Oregon, Montana, Rhode Island and the District of Columbia struggled the most, according to the Realtors Affordability Distribution Curve and Score, which measures affordability through […]

Will iBuyers like Opendoor face a sudden backswing?

The newest technology-based companies trying to reinvent the housing-brokerage business are the iBuyers. All are trying to simplify the process of selling one home and buying another. All rely on faith among technologists that algorithms are clairvoyant, and among the public that anything on your phone is a good thing. Source: click here

Why technology is not the end of the real estate agent

“Tech” is the buzzword of the moment for real estate agents. For some, it brings about great excitement for the future of our industry. For others, it brings fear about the ultimate demise of the agent’s role in real estate. Source: click here

How to explain deregulated utilities to homebuyers

Homebuyers have a lot to think about when considering their budget — including the annual cost of utilities, which averages $2,200 annually in the U.S. That’s a large amount of money that often seems set in stone due to the regulation of the power industry. Source: click here

Here are the top 9 legal issues real estate brokers face

Real estate transactions are both emotional and complex. So in the charged real estate environment, you must familiarize yourself with the types of legal issues or claims that either buyers or sellers might file against you, as a real estate broker. Source: click here

How a home equity loan could make trouble for Trump’s lawyer

Federal prosecutors investigating a hush payment made by President Donald Trump’s embattled personal attorney to adult film star Stephanie Clifford could seize on so-called “Know Your Customer” regulations that require home equity loan applicants to accurately report the purpose of the credit line. Source: click here

Connect The ICSF Speakers: Doniece Sandoval on how to live and breathe radical hospitality

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 […]

What To Expect When You’re Connecting: Seafood

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 […]

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