Half of Redfin offers faced competition, up from 44% in April. In May, 49.4% of Redfin offers faced competition, up from 43.9% during the prior month. While sellers are jumping back into the market as states across the country reopen,
How To Make Money In Real Estate And Get Rich?
There is no short cut to make money in real estate or to get rich quickly, but you can slowly and steadily build wealth through successful real estate investing. Investing in real estate stands out as a tried and tested
Houston Real Estate Market 2020 Overview
We will discuss the latest Houston real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2020. The housing market has been impacted by the pandemic and slumping oil prices
How To Buy A Rental Property: 13 Tips For Beginners
Looking to purchase and profit from a rental property? In this article, we’re going to give you some important tips on how to buy a rental property. These are the steps every budding property investor should take to pick a
LGBT Home-Buyers Are Getting Priced Out of Areas With Legal Protections From Discrimination
Areas that offer laws against discrimination in housing come with a higher price tag, meaning LGBT buyers who can’t afford to live in those places must forego the protections. Go to Source Author:
Best Ways To Consolidate Your Debts In The Crisis of Coronavirus 2020
Debt consolidation means getting a new loan to pay off all your debts through a single payment plan. With the help of debt consolidation, you can also pay off multiple unsecured loans from credit cards, medical bills, personal loans, payday loans,
Housing professionals, you have the tools – Now use them
Yesterday’s opening day of engage.marketing was very tactical, but Day 2 really doubled down on actionable tactics that any Realtor, loan officer or industry pro can implement right away. The day started out with a bang with some of the
Homesnap introduces concierge lead-gen service to real estate agents
Real estate tech company Homesnap introduced Homesnap Pro+ Concierge, which uses machine learning to run custom ads on Facebook and Google and deliver pre-qualified leads, Homesnap said. Homesnap Pro is the industry-facing version of the Homesnap platform built specifically for
Should the Federal Reserve stick with its zero interest-rate policy forever?
The Federal Reserve’s two-day policy meeting that ended on Wednesday left rates unchanged and gave a strong indication that it will not raise interest rates for a long time. Back in August of 2015, when the Fed began hinting about
Mortgage forbearances fall for the second straight week
The number of mortgages in forbearance fell for the second consecutive week, Black Knight said in a report on Friday. The number of loans with suspended payments dropped to 4.66 million this week from 4.73 million, the mortgage data firm
Housing Tech Rundown: The latest industry partnerships
Though competition can be fierce in the housing tech space, the industry is seeing more companies reaching out for partnerships to harness each other’s strengths. Companies contributing to new relationships this week include MountainSeed with Kabbage, Ally Lending with Authority
Emerging from crisis: 5 takeaways from first-time homebuyers’ market behavior
Given the vital role the housing market plays in the U.S. economy, you can look to any number of indicators on a weekly, monthly or annual basis to better understand the current state of the market. Beyond housing starts and
Ithaca, New York says it will cancel rent payments
Ithaca, New York has become the first city in the U.S. to cancel rent payments in response to COVID-19. A new resolution now allows Ithaca’s Mayor Svante Myrick to cancel rent debt from the last three months for tenants and
Mortgage rates tumble to an all-time low
The average rate for a 30-year conforming fixed-rate mortgage fell to a record low of 3.1%, on Thursday, according to data from Optimal Blue. It came after a rocky ride that saw rates jump to a one-month high on the
Google will make it impossible for lenders and Realtors to target consumers based on ZIP code, demographics
Google announced it is tightening its policies, prohibiting employment, housing and credit advertisers from targeting or excluding ads based on certain demographics and ZIP codes. The company explained that it has long prohibited advertisers from targeting users based on “sensitive categories”
Quicken Loans IPO would set fintech valuation tone and make mortgages cool again
A Quicken Loans IPO valuing the company in the tens of billions may be imminent. If true, this is huge for two reasons: as America’s largest mortgage lender, Quicken Loans would set the challenger bank valuation tone, and being public
Homebuying Demand Just Keeps Getting Stronger
Key Takeaways Demand is 25% above pre-pandemic levels. Buyers haven’t “batted an eyelash” over the possibility of a resurgent pandemic or now protests. Bidding wars are “bananas” with homes “flying off the shelves.” Sale prices are up 3.1%; asking prices
Housing Market Activity Returns to Growth After Memorial Day Blip
This Zillow Weekly Market Report includes housing market data as of the week ending June 6[i] Go to Source Author:
Consistency and persistence: Top tools for an agile housing professional
Today, HousingWire’s engage.marketing virtual event jumped off, and honestly, I could have maxed out a thumb drive with notes. But instead of writing the mortgage and real estate marketing version of The Odyssey, I’ll just give you a few of
Homebuilder challenges vary by state– Here’s a look at a few major obstacles
In April, the National Association of Home Builders/Wells Fargo Housing Market Index measuring builder confidence registered its single greatest decline with a 42-point plummet. Today, however, NAHB is exuding confidence that its members will help bring the coronavirus-disrupted country back
Realtor.com launches Housing Market Recovery Index
Realtor.com on Thursday released a new way to track the progress of the housing market amid the COVID-19 pandemic: The Housing Market Recovery Index. The creation of the index was triggered by COVID-19 events that began in mid-March, said Javier
Quicken Loans files for IPO
UPDATE: This story was updated on Thursday with a statement from a Quicken Loans spokesperson. Quicken Loans, the No. 1 mortgage lender in the U.S., is preparing an initial public offering, according to an article by CNBC. The article explained
How COVID-19 has disproportionately impacted communities of color
At the beginning of COVID-19, people were calling the virus the “great equalizer” because the virus was expected to equally affect people regardless of race. However, the opposite quickly became apparent as communities of color have been disproportionately and overwhelmingly
NAR introduces implicit bias training to Realtors and staff
The National Association of Realtors announced on Wednesday it is introducing implicit bias training to its Realtor members and association staff. A 50-minute video began circulation to NAR members and staff as a partnership with the Perception Institute. The video