Ideas for New Business in 2019 What are some of the best untapped growth markets for you in the new year? There were idea galore at the REALTORS® Conference & Expo for finding new ways to sustain your business into the future, including uncovering “hidden” inventory, identifying market segments poised for growth, and boosting your …
Tag: News
Nov 05
Mortgage Rates Roll Back
Mortgage Rates Roll Back Mortgage rates took a slight breather this week as borrowing costs moved lower and offset last week’s uptick. Still, the housing market is trying to adjust to rates that are much higher than a year ago. “While higher mortgage rates have led to a decline in home sales this year, the …
Nov 02
Millennials Boosting U.S. Home ownership
Millennials Boosting U.S. Home ownership A larger number of Americans—notably fueled by millennials—entered home ownership during the summer months. The national home ownership rate rose to 64.4 percent in the third quarter—a half percentage point higher than a year ago, the U.S. Census Bureau reported this week. The increase was largely attributed to a …
Nov 01
Haunted House For Sale?
Haunted House For Sale? Home buyers may be so anxious to find a home that they aren’t even spooked if it’s rumored to be haunted. A new survey says one in three consumers say they’re willing to take a chance on a haunted home, but there needs to be something to sweeten the deal for …
Oct 31
Condos Vs. Single Family Homes
Condos Vs. Single Family Homes Lower costs and included maintenance make condos attractive for first time home buyers. There are several details to consider when it comes to Condos Vs. Single family homes, and it all comes down to personal preference. See the chart below for a quick take on the pros and …
Oct 30
Women Prop Up First-Time Buyer Segment
Women Prop Up First-Time Buyer Segment Lower affordability and continued inventory crunches aren’t sidelining single women home buyers, who, for the second consecutive year, account for 18 percent of all buyers, according to the National Association of REALTORS®’ 2018 Profile of Home Buyers and Sellers. Single women are the second most common buyer type behind …
Oct 29
Mortgage Rates on the rise
Mortgage Rates on the rise Borrowers were faced with rising mortgage rates again this week, after a slight pause from increases the week before. “Despite volatility in the stock market, the 30-year fixed-rate mortgage inched forward just 1 basis point to 4.86 percent this week,” says Sam Khater, Freddie Mac’s chief economist. “We expect rates …
Oct 26
Are Your Clients are Ready to Buy a Vacation Home
Are Your Clients are Ready to Buy a Vacation Home Do your clients keep renting in the same vacation destination again and again? Have they been hinting at someday buying a seasonal second home? Hippo, a home insurance company, compiled these five signs that buyers are ready to take the plunge. 1. Their finances are in …
Oct 25
Mistakes When Staging a Living Room
Mistakes When Staging a Living Room The living room tends to be a major area for social activity in the home, and how you arrange the furniture can either encourage or hamper that. “Every piece of furniture you own might not have a perfect spot in your house, but it does have a best spot,” …
Oct 24
A smooth mortgage experience – what to expect
A smooth mortgage experience – what to expect At freedom mortgage we want you to have a smooth mortgage experience. The important tips below can make a critical difference in helping to ensure your application is processed as quickly as possible. As always we are here to assist every step of the way. Expect …
Oct 23
Don’t Ignore Listings Without Photos
Don’t Ignore Listings Without Photos When you’re scouring your MLS for properties that match your clients’ criteria, don’t automatically click past listings with no photos. Billy Domineau, a former real estate professional in Brooklyn, N.Y., who writes for real estate blog Apartment Therapy, says such listings are often legitimate but are disregarded as trash or …
Oct 22
Does Your State Cater to Middle-Class Buyers
Does Your State Cater to Middle-Class Buyers Rising home prices have been hitting the middle class particularly hard, but some states have an easier path for these shoppers to break into home ownership. Many of those opportunities are out West, according to a new analysis from SmartAsset, a personal finance website. SmartAsset researchers found that the …
