Housing Wire
MARCH 18, 2021
The progression of homebuying over the past year has seen prospective buyers adjusting their preferred destination plans again, and again, and again. One example is Colorado’s housing market, which has seen the effects of an insanely competitive market combined with low inventory push buyers into secondary cities – and sometimes, beyond.
Empire Appraisal Group
MARCH 18, 2021
Unhappy with the Eviction Ban? A Federal Judge Agrees. Source: Unhappy with the Eviction Ban? A Federal Judge Agrees | Florida Realtors. By Justin Boggs. A federal judge ruled the eviction ban is unconstitutional and has never been done before – but he didn’t issue an injunction stopping it, and DOJ says it will appeal. NEW YORK – On Monday, the Consumer Financial Protection Bureau (CFPB) released data suggesting that 2.1 million Americans are more than three months behind on paying rent.
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Housing Wire
MARCH 18, 2021
Savor the irony: A blank-check company started by Spencer Rascoff is bringing an iBuyer, Offerpad, public. Offerpad , a Phoenix-based company, said Thursday that it was bought by a Rascoff-controlled special purpose acquisition company, named Supernova Partners Acquisition Company. Supernova Partners will shepherd Offerpad onto the New York Stock Exchange, according to a press release.
BiggerPockets
MARCH 18, 2021
There are several misconceptions about rent-controlled properties. For some, they can be a great addition to their investment portfolio. In this article, we look at the good and the bad of owning this type of asset.
Housing Wire
MARCH 18, 2021
In the wake of an ultimatum that mortgage brokers couldn’t use Rocket Pro TPO an d Fairway Independent Mortgage while still sending loans to United Wholesale Mortgage , Mat Ishbia declared victory. In a statement issued after Monday’s deadline, the president and CEO of UWM said that more than 10,000 broker shops have pledged to no longer work with Rocket and Fairway , whom he said have been working behind the scenes to destroy the broker channel.
BiggerPockets
MARCH 18, 2021
Did you know the divorce rate for business partnerships is higher than the divorce rate for marriages? In the U.S., while 40-50% of marriages end in divorce, the divorce rate […].
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
BiggerPockets
MARCH 18, 2021
What do you do once you’ve hit millionaire status? You have rental properties, brokerage accounts, and a good amount of cash on hand, so what’s next? This is the question […].
National Association of Realtors
MARCH 18, 2021
Peter Gallo, Chair of the NAR's Real Property Valuation Forum presents a live form featuring a panel of residential, commercial, and review appraisers.
AmeriMac
MARCH 18, 2021
Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. During a home appraisal, a professional determines your home’s worth before putting it on the market. However, the cost of your home appraisal may vary depending on the size and location of your property.
BiggerPockets
MARCH 18, 2021
The interest rates you encounter as a real estate investor are the result of a complex set of factors that starts with the federal government and ends with your individual application. Here's a high-level overview of some of the primary drivers of interest rates.
AmeriMac
MARCH 18, 2021
Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. During a home appraisal, a professional determines your home’s worth before putting it on the market. However, the cost of your home appraisal may vary depending on the size and location of your property.
Cleveland Appraisal Blog
MARCH 18, 2021
As a child, many of my best friends had darker skin than mine. Fortunately, I grew up in a family whose view is that all people are equal, and that differences in race, skin color and background, are what make humans so beautiful. Sadly, there are some that do not share that view. . As a teenager, my friends would describe to me experiences they had in retail stores, in which they were watched uncomfortably closely by store clerks.
Housing Wire
MARCH 18, 2021
For the third consecutive week, mortgage rates pushed past 3% – with the average mortgage rate for a 30-year fixed loan up four basis points last week to 3.09%, according to Freddie Mac ’s Primary Mortgage Market Survey. Rising mortgage rates typically signify a recovering economy, and despite applications for mortgages dropping week-over-week, according to Sam Khater, Freddie Mac’s chief economist.
AmeriMac
MARCH 18, 2021
Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. During a home appraisal, a professional determines your home’s worth before putting it on the market. However, the cost of your home appraisal may vary depending on the size and location of your property.
Housing Wire
MARCH 18, 2021
Home prices have skyrocketed in the past year, and data from Redfin backs up what buyers, sellers, and agents have known for months. The national average of home prices rose 14.4% year-over-year to $336,200 in February – the largest increase since July 2013, according to the latest report from Redfin. Closed home sales were up 5% from a year earlier and pending sales rose 21%.
Assurance Financial
MARCH 18, 2021
Does Refinancing Affect Your Taxes? Homeowners may choose to refinance for many reasons. Refinancing could potentially lower your monthly payments , allow you to consolidate debt, speed up the payoff process for your mortgage, eliminate your private mortgage insurance (PMI) and put more cash in your pocket. If you have equity in your home, you may be able to leverage it through a refinance.
BiggerPockets
MARCH 18, 2021
Across the country, demand for multifamily rentals has fallen—especially in buildings with shared elevators. But it’s not all doom and gloom for landlords right now. Nationally, the market for single-family rentals with outdoor space has soared, and in some cities rental prices have actually increased since the start of the pandemic.
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