As a real estate agent, you run into many different types of clients: first-time homebuyers, downsizing retirees, relocating families and the often-dreaded investor clients. I’m sure every agent can remember the first few calls they got from investors. Someone wanting to buy multiple properties a month? Paying cash for all purchases? Easy commissions, right? I’ll […]
Attom Data Solutions today released its 2017 U.S. Year-End Home Equity and Underwater analysis, which revealed that the number of seriously underwater properties — meaning they had a loan-to-value (LTV) of 125+ — decreased 0.3 percent year-over-year in Q4 2017 to 9.3 percent, the smallest year-over-year decrease in the share of seriously underwater properties since Attom […]
Prior to putting a home on the market, plenty of work needs to be done to tidy up the interior including some premature packing, deep cleaning and reorganizing. Sellers and their agents may even have the inside of their home staged by a professional staging company to show off the space. But neglecting the exterior […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Wednesday, February 7 Fannie Mae Home Purchase Sentiment Index (HPSI) Fannie Mae’s 2017 Home Purchase Sentiment Index (HPSI) increased in January by 3.7 points to 89.5. The HPSI is up 6.8 points compared with the same […]
Former Keller Williams CEO Chris Heller will join loanDepot’s new brand mello Home as CEO, the company announced Wednesday. Mello Home is a new platform and vertical from loanDepot, under parent company LD Holdings. The platform launched at Inman Connect NY 2018 in late January and expands loanDepot’s lending focus to match pre-approved buyers with […]
It’s been said time and again by economists, housing experts and real estate professionals alike a boost in residential housing starts is the key to meeting high buyer demand and slowing home price growth, which is currently at 6.6 percent year-over-year. Historically and presently, home prices are highest on the West and East Coasts and are […]
Black Knight Financial Services today released its latest Mortgage Monitor report, which revealed 2017 had the fewest number of foreclosure starts since 2000 (649,000), despite the negative impact Hurricanes Harvey, Irma and Maria had on areas such as Texas, Louisiana, Mississippi and Florida. Although 2017 mortgage delinquencies ended at a 23-month high (up 164,000 from […]
Republished with permission from Katie Lance I’m a big believer in the old adage, “the more you learn, the more you earn” — and you never stop learning and growing, and Inman Connect is always one of the best places to do just that. I had the pleasure of speaking and presenting at Inman Connect […]
2017 was a record-breaking year for wildfires, with 9.8 million acres of land being destroyed over just a few months. Although California was hardest hit, other desert and plains states such as Texas and Nevada are at great risk as well, as evidenced by Redfin’s latest estimate that 7.7 percent ($1.5 trillion) of U.S. housing value […]
While real estate agents chase leads and close deals on houses, there’s another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We’ll be recapping each month’s noteworthy deals here. Check back for updates. Inside Real Estate acquires RE software company Circlepix Real estate software company Inside Real […]
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