Housing Wire
MARCH 26, 2021
The median home sale price increased 16% year-over-year to $331,590 – an all-time high, per a report this week from Redfin. But that’s not stopping buyers from snatching up homes days after they’re listed. During a four-week period ending March 21 and covering 400 metros, 58% of homes that went under contract had an accepted offer within the first two weeks on the market.
BiggerPockets
MARCH 26, 2021
This week’s question comes from Mantas on the Real Estate Rookie Facebook Group. Mantas is asking: How do I place properties under a newly acquired LLC? Before you place your […].
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Housing Wire
MARCH 26, 2021
Wells Fargo agreed to pay $95.7 million to more than 5,300 home mortgage consultants to resolve a pair of class-action legal claims that allege wage-and-hour violations in California, according to the settlement agreement in federal court. The deal will provide $62.8 million to the class members, with the remainder going to plaintiffs attorneys. The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffer
McKissock
MARCH 26, 2021
McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership ?
Housing Wire
MARCH 26, 2021
Portland, Maine, has emerged as a popular destination for current homeowners and prospective buyers looking to move out of metro areas into more spacious secondary cities. A recent report from Redfin showed that 14.9% of movers leaving Boston, Mass. were heading to Portland in January and February of 2021. But the East Coast seaside town was gaining popularity way before then – millennials , especially, began flocking to the Portland housing market in 2020 to take advantage of the cityR
BiggerPockets
MARCH 26, 2021
It’s clear that with a global pandemic on our hands, Americans really want to get out of the cities. But are they happy there—and are there opportunities for real estate investors?
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
BiggerPockets
MARCH 26, 2021
I don't love the 1% rule, but I can't deny that cash flow is great—a high rent-to-price ratio is a great signal. These six markets do, on average, meet the 1% rule. Cash flow investors: start here.
Housing Wire
MARCH 26, 2021
Judd Hoffman has been hired as chief executive officer for Proper Title LLC , an Illinois-based title insurance agency that’s backed by top independent real estate brokerage @properties. And they’re in expansion mode. Hoffman was formerly “chief transformation officer” for States Title and president of its affiliate, North American Title Company.
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