Whether moving to be near family or relocating for a job, moving is common. Take the pandemic, for instance. The housing market saw a huge spike in the number of moves as people relocated from big cities to avoid COVID-19. According
Judith LaCosse 1990’s- Unconventional Partnerships
We’ve endeavored to share the stories, of some of our #relentless, through each decade as we reflect on our momentum and growth over the past 50 years. What better way to showcase how CENTURY 21 Real Estate has continued to
Selling your home? Make sure you’re aware of hidden costs
It’s no secret that buying a home takes time and money. Well, it turns out, so does selling a home. According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis, the average homeowner spends over $15,000 in “hidden costs” to
How to Fireproof Your Home from Wildfires
A wildfire can pose a danger to your home, especially if you live in areas with dry, hot weather like Orange County, CA, or Clark County, NV. Weather conditions such as drought, extreme heat, high winds, and any surrounding vegetation
Experts Say Zoning Changes Are Most Effective Path to Boost Housing Supply for a More-Balanced Market
A Zillow survey of economists and other real estate experts finds high costs are expected to slow construction and may lower homeownership among today’s 30-somethings Go to Source Author:
Out of Town Movers Reshuffling to Larger, More Affordable Homes
Scorching hot housing market giving additional buying power to sellers Go to Source Author:
To Sell Your Home Quickly, List it on a Thursday Before Labor Day
Homes are selling within days in many U.S. metros, and the day a home is listed can have an impact on time on market and sale price Go to Source Author:
83% Growth of Asian-Headed Households Hides Significant Inequality
While most signs point to housing gains, economic inequality among people from different Asian ethnic regions pose challenges to homeownership. Go to Source Author:
CRT protects GSEs, taxpayers from unexpected disasters
After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital
Fannie Mae taps Evans as next single-family chief
Fannie Mae now has a clear successor to take the reins of its single-family business following the departure of Andrew Bon Salle in December. The government sponsored entity has named Malloy Evans, the company’s current chief credit officer for single
Lenders pick up the pace in closing mortgages
The average time to close on a mortgage has decreased for a fourth consecutive month to 51 days, according to a new study from ICE Mortgage Technology. The study, ICE’s Origination Insight Report, also found April to be the second
Freddie Mac taps Michael DeVito as next CEO
Nearly six months after David Brickman stepped down, government-sponsored entity Freddie Mac has tapped ex-Wells Fargo mortgage executive Michael DeVito to assume the role of CEO. DeVito, who spent more than two decades at Wells Fargo before retiring last year,
Ocwen to buy $48B MSR package from AmeriHome
If you have any mortgage servicing rights you’re looking to offload, you may want to give Ocwen Financial a call. A few weeks after striking a deal to buy $14 billion of mortgage servicing rights from Texas Capital Bank, a subsidiary of
NYC, LA and SF residents are moving to these cities
Phoenix, Las Vegas, Sacramento, Austin and Atlanta were the most popular destinations for Redfin.com users looking to move to a different area last month, with many of the potential homebuyers coming from Los Angeles, San Francisco, and New York. The analysis, which
Understanding What Escrow is and How it Works
As a homebuyer, there are actually two different times you’ll be dealing with escrow. The first takes place during the home buying process. Escrow starts with your purchase offer on a home and ends when you close on the house.
Heatproof Your Home and Protect it From Extreme Temperatures
Your home is supposed to be your own personal oasis. However, when summertime comes around, scorching temperatures and rising humidity can wreak havoc on a home, both inside and out. Extreme heat can make the interior of a house uncomfortable
What Is a Storm Door and How Do I Install One?
If you live in a city that typically sees a lot of storms, like Fort Myers, FL or Abbotsford, BC, installing a storm door can provide added security, protection, and insulation for your home. More so, it can extend the
Mortgage applications decrease 4%
After two straight weeks of increases, mortgage applications dropped 4.2% for the week ending May 21, 2021, according to the Mortgage Bankers Association‘s weekly mortgage applications survey. “Demand is robust throughout the country, but homebuyers continue to be held back
Building material prices take their toll on new home sales
Record-high building material prices and a continued lack of labor brought down new home sales in April to a seasonally adjusted annual rate of 863,000 ― roughly 5.9% lower than the revised March rate, according to a joint analysis from
New home sales trigger concern over lumber prices
Today the Census Bureau reported 863,000 new home sales in April 2021. This was a miss from estimates and revisions for the previous months were all negative. From Census: “Sales of new single‐family houses in April 2021 were at a
8 Easy Tips for Keeping a House Cool in Extreme Heat
When temperatures and humidity levels start to rise, it can feel impossible to keep your home at a comfortable temperature. This can be especially true if you live somewhere with intense summers, such as Tucson, AZ or Houston, TX. If
FHFA’s RFI on appraisals is a critical inflection point
The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms.
RamQuest integrates with SearchCONNECT
Texas-based technology company RamQuest announced its title and closing digital network — called “Closing Market” — has integrated with SearchCONNECT, an affiliate of Investors Title and National Investors Title Insurance Company, which provides search solutions in Florida, Georgia, South Carolina,
Home shoppers aren’t the only ones using Zillow
During the early stages of the pandemic, people flocked to Zillow as a way to pass the time in isolation. Makes sense, right? The housing market surged when COVID-19 began, so it’s reasonable to think Zillow-users were looking for their