Another 1.3 million people filed jobless claims last week, the lowest reading since the COVID-19 pandemic began slamming the U.S. economy in mid-March, and the overall number of Americans receiving unemployment benefits dipped. Initial claims fell just 10,000 from the
Plaza suspends sponsorship of AIME over chairman’s “misogynistic behavior”
Plaza Home Mortgage announced it is suspending its sponsorship of the Association of Independent Mortgage Experts over “harassment and misogynistic behavior” by Chairman Anthony Casa. Over the July 4 holiday, Casa sent a video to Quicken Loans Vice President Austin Niemiec in
U.S. Median Home Sale Price up 3% to a New High in June
Buyers, powered by record-low mortgage rates and untethered by the pandemic, continue to outnumber sellers, resulting in intense competition and rising prices. The national median home price rose 2.8% year over year to an all-time high of $311,300 in June,
Home Sales Exceed Pre-Pandemic Levels for the First Time as Mortgage Rates Hit Another Record Low
Key takeaways for the week ending July 5 Home sales were up 2% from pre-pandemic levels and are likely to continue rising; pending sales were up 10% during the same period. Weekly average mortgage rates fell to a new low
10 Tips on How to Prepare Your House for a Hurricane
On top of the Coronavirus pandemic, it’s also hurricane season once again for many in the south and eastern part of the U.S., especially if you live in Miami, Fort Lauderdale, or West Palm Beach, FL. Though hurricanes have been
6 Modern Mansions That Will Make Your Jaw Drop
If you’re in the market for a modern mansion or you’re just looking for inspiration, you’re in the right place. From the outside, modern homes often have a structured boxy look with large windows. Oftentimes, architects will use materials like
Diversity at Redfin in 2020
Every year, Redfin reports on our workforce diversity. This report reflects our company’s focus on racial, ethnic and gender diversity, but other forms of diversity are also important to Redfin’s success: age, political opinions, sexual orientation, military service, mental health,
1031 Exchange Rules: What Every Investor Should Know In 2020?
Taxes rarely make for exciting reading material, but if you own an investment property, there’s at least one set of IRS regulations you absolutely will want to understand: 1031 exchange rules. Why? Because normally when you sell an investment property
PRMG issues statement on AIME chairman’s lewd messages and a response video made by Chief Lending Officer Kevin Peranio
Paramount Residential Mortgage Group issued a statement Monday condemning the lewd video messages produced and distributed by Association of Independent Mortgage Experts Chairman Anthony Casa several weeks ago that resulted in a defamation lawsuit, while defending a response video made
Quicken and NAR ask HUD to withdraw proposed amendments to Fair Housing Act
In recent days, both Quicken Loans, the nation’s largest lender, and The National Association of Realtors, the nations’ largest trade organization, have called on the Department of Housing and Urban Development to withdraw its proposed rule to amend the HUD
Big bank roll call: Wells Fargo, JPMorgan and Citi Q2 earnings tell three very different stories
Wells Fargo, JPMorgan Chase and Citigroup reported their second-quarter earnings on Tuesday, revealing how the banks fared as the COVID-19 pandemic shut down businesses across the country. While the pandemic and recession are still ongoing, the earnings of the three
Young adults are more likely to have moved because of COVID-19
Nearly a quarter of Americans said they moved or know someone who moved due to COVID-19. According to a survey from Pew Research Center, 3% of respondents said they moved permanently because of the pandemic, 6% said someone moved into
Widespread eNote adoption depends on the five pillars of liquidity
Of all the innovations in the mortgage industry over the last 30+ years, few have the potential to be as transformative as electronic promissory notes, or eNotes. As borrowers, lenders and investors embrace a fully digital mortgage process, eNotes represent
Caliber stops all support of AIME after Anthony Casa makes sexist comments
Caliber Home Loans announced it is suspending all support of the Association of Independent Mortgage Experts after Chairman Anthony Casa sent out videos where he made lewd comments about a Quicken Loans executive’s wife. The company expressed that what was
Report: Optimal Blue could sell for $1 billion
Optimal Blue is on the market, according to a news report from Barron’s. The publication reported last night that Optimal Blue’s owner, GTCR, is gearing up to put Plano, Texas-based Optimal Blue up for sale. Barron’s cited unnamed bankers and
Wholesale lenders voice support for AIME despite chairman’s lewd, sexist comments
[Update: This article has been updated to reflect Caliber Home Loans’ stance.] Wholesale lenders voiced their continued support of the Association of Independent Mortgage Experts despite recent lewd and sexist comments made by AIME Chairman Anthony Casa. Over the July
Flagstar suspends its relationship with AIME over Chairman Anthony Casa’s “abusive language and personal attacks”
Flagstar Bank told HousingWire Monday that it is suspending its relationship with the Association of Independent Mortgage Experts over the lewd and sexist comments made by its chairman, Anthony Casa. “We want to respond to the recent statements highlighted in
How to Take Advantage of a Seller’s Market
Any seasoned real estate agent or market observer will tell you that all real estate markets go through cycles. Your local market is no different. If you’re considering a home sale or purchase, you’ll want to identify your market’s cycle
Forget kitchen upgrades. What everyone desperately wants is a home office
The coronavirus pandemic has had a tremendous impact on our lives in one way or another. When it comes to housing, one survey has found that the top reason for moving over the second quarter was a need for more space.
How To Find A Mentor As A Real Estate Agent
One thing that can make an enormous difference in your career success as an agent is whether or not you have a high-quality mentor who can help you navigate the ins and outs of real estate. In fact, many agents discover that they operate very well if they have more than one mentor to tap for questions and advice.
The post How To Find A Mentor As A Real Estate Agent appeared first on Signature Real Estate Services.
Atlanta Real Estate Market 2020 Overview
Whether you’re looking to buy or sell, timing your local market is an important part of real estate investment. This article has been updated to reflect recent changes in the Atlanta real estate market due to the coronavirus pandemic. The
Avoiding Burnout As A Real Estate Agent
Every industry contains a danger of job burnout. Although it’s not an actual medical disease, the Mayo Clinic defines burnout as “a special type of work-related stress — a state of physical or emotional exhaustion that also involves a sense of reduced accomplishment and loss of personal identity.”
The post Avoiding Burnout As A Real Estate Agent appeared first on Signature Real Estate Services.
The Pros and Cons of Buying a House with a Septic Tank
If you grew up within the city or town limits, you probably lived in a home serviced by the municipal sewage department and may be hesitant about buying a house with a septic tank. Did you know that one in
More Than Half of Redfin Offers Faced Bidding Wars for Second Consecutive Month in June
54% of Redfin offers faced competition as the supply of homes for sale and mortgage rates continued to fall in June. Single-family homes and townhouses were much more likely than condos to receive multiple bids. More than half of Redfin