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Agent strategies for getting first-time homebuyers across the finish line

Housing Wire

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks.

Agents 410
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House Numbers raises $3.75M in pre-seed funding

Housing Wire

Yet, homeowners still don’t have a trusted source to optimize the financial opportunities around their greatest long-term asset, their home,” said Jeff Levinsohn , co-founder and CEO of House Numbers. The platform analyzes homeowners’ financial situations and goals to guide them toward the best product options.

Insurance 284
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Targeting first-generation homebuyers for financial help

Housing Wire

“First-generation buyers who do buy homes often take on greater debt to do so or delay homeownership for years, making it difficult for homeowners of color to build wealth at the same pace as white homeowners,” said Jung Choi, a senior research associate with the Housing Finance Policy Center. . Presented by: Citibank.

Finance 441
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Opinion: Why fintech “disruption” doesn’t work in mortgage servicing

Housing Wire

For this reason, we don’t have only a technology problem in servicing; we have process and technology problems that distract our best asset — our humans — from building long-term trust with homeowners and guiding them through all of their good times and hardships. America’s $13.3 but that’s the wrong question.

Mortgage 383
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Invest in real estate, not the stock market

Housing Wire

A homebuyer’s guide to a competitive housing market. While, like the stock market, the waiting game for a real estate payoff can prove to be taxing, the reward is a very sweet victory. According to CoreLogic, homeowners saw an 8% increase in home prices in 2020. The stock market is a funny game. Investing in real estate.

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Why it’s time for the housing industry to get serious about climate risk

Housing Wire

These losses – both insured and uninsured – have traditionally been borne by homeowners, renters, landlords, builders, and property & casualty insurance companies. You build the home to code. You use the right comps to appraise it. You check the 100-year floodplain determination box during origination.

Insurance 384
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Navigating Your Property Tax Bill

Eppraisal

Property ownership comes with various responsibilities, and one recurring financial aspect is the property tax bill. Understanding this bill is crucial for homeowners, as it directly influences both personal finances and community services. This valuation serves as the basis for calculating property taxes.