Climate change and the rising threat of natural disasters is likely to significantly impact migration plans of American families, potentially changing the landscape of American real estate. Out of 2,000 people surveyed between Feb. 25 and March 1, 628 said
CFPB proposes foreclosure ban until 2022
The Consumer Financial Protection Bureau (CFPB) released a notice of proposed rulemaking on Monday that would amend Regulation X to provide a special pre-foreclosure review period prohibiting servicers from starting foreclosures until after December 31, 2021. Under current CFPB foreclosure rules,
Housing inventory is down 40%. Buyers are paying the price
Prices are up sharply as housing inventory continues to plateau, leaving 40% fewer homes on the market compared to last year, according to a report prepared by Black Knight. Instead of making up for the shortfall, new listings have slumped
Why now is not the time for FHA premium cuts
In its most recent annual report to Congress, November 2020, the Federal Housing Administration (FHA) published its “capital ratio,” a measure of capital reserves to insurance-in-force held within the Mutual Mortgage Insurance Fund (MMI Fund). The figure, standing at 6.1%,
Will the next job wave mean the end of forbearance?
Last Friday, the Bureau of Labor Statistics reported that 916,000 jobs were created in March, and the previous month’s revisions came in positive. The rest of this content is for HW+ members. Join today with an HW+ Membership! Already a
Zillow’s 2021 Mover Report: The Opportunity, Emotion and Trends Behind the Great Reshuffling
The pandemic brought changes that make people more likely to move; a rapidly evolving real estate industry is helping overcome emotional and logistical obstacles that can get in the way. Go to Source Author:
Flippers and Airbnb Investors: Here’s How an S Corp Election Can Help You | Daily Podcast 173
“I DON’T Want to Retire Early” with Investing Expert Barbara Friedberg | BP Money 185
5 signs you’re ready to downsize your home
Should you or shouldn’t you downsize? If you’re a homeowner, this is a question you’ll inevitably ask yourself. While owning a home is exciting, it comes with a great deal of responsibility. If your home doesn’t fit your lifestyle anymore,
Finance of America to go public before IPO window closes
Finance of America on Monday will become the latest lender to make its debut on the New York Stock Exchange. The lender, which is controlled by the Blackstone Group and operates through retail, wholesale and correspondent channels, will begin trading
Asking prices of newly listed homes reach all-time high
Home prices are sky-high, and a recent report from Redfin underlines that point with some staggering data. Median home-sale prices increased 17% year-over-year to $335,613 – a record high, per data taken from more than 400 metro areas during the
White label title insurer Proliant adds another franchise
White label title insurance franchise Proliant Settlement Systems announced Friday the acquisition of Great Northern Title Insurance Agency (GNTIA) in Michigan as a franchisee. The move expands Proliant further into Michigan, where it has close to a dozen franchise title
Employment gains could help housing inventory
After three months of mediocre gains, the U.S. unemployment situation brightened considerably in March. Total nonfarm payroll employment rose by 916,000 and pushed the unemployment rate down to 6%, according to the U.S. Labor Department. Sectors that were hit hardest by
How Thinking 5 Moves Ahead Can Make You a Millionaire w/ Patrick Bet-David | BP Podcast 457
10 Must-Have Features of the Best Rent Collection Apps | Daily Podcast 172
How to START Investing in REAL ESTATE | Millionaire Mindset
Is Foundation Damage Always a Deal-Breaker? | Daily Podcast 171
Investors: Don’t Negotiate Until You Know the Home’s Condition | Daily Podcast 170
Rookie Reply: Buying Sight Unseen & Financing Off-Market Deals | Rookie Podcast 66
Finance Friday: Is Your FI Number Overly-Conservative? | BP Money 184
Everyone needs a Bank | Millionaire Mindset
A candid interview with RE/MAX executive Nick Bailey
Nick Bailey, chief customer officer at RE/MAX Nick Bailey has spent 23 years in the real estate industry. He was a vice-president at Zillow, the CEO of Realogy brand Century 21, and for the last two years the chief customer
Dan Gilbert sells $500 million worth of Rocket stock
Rocket Companies Chairman Dan Gilbert sold 20 million shares of common stock on Wednesday, cashing out just under $500 million, according to disclosures Rocket made to the Securities and Exchanges Commission. The Form 4 file, made public Wednesday evening, shows
Compass makes its hotly anticipated Wall Street debut
Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 at close of the New York Stock Exchange on Thursday. The New York City-headquartered company began offering shares Thursday morning. Investors initially paid $21.15-a-share to grab
