Jan 07
Character Limit on Tweets to Expand Twitter users are accustomed to the 140-character limit. But it looks likely that they won’t have to boil down their thoughts to pithy phrases much longer. Yes, the social media platform is considering expanding their character limit. A lot. Twitter says they plan to release a new feature that …
Jan 06
The ‘Missing Link’ in Housing For years, first-time home buyers have made up around 40 percent of all buyers. However, since the recession, this percentage has been shrinking. In 2015, they made up just under 30 percent of the market share, according to the National Association of REALTORS®. The decrease of first-time home buyers …
Jan 05
CFPB Moves to Calm Fears Over Minor Closing Errors Just before the close of 2015, the Consumer Financial Protection Bureau told bankers that they won’t be held liable for most minor errors in loan processing and paperwork under new mortgage disclosure rules, known as the “Know Before You Owe” rule or TRID. The …
Jan 04
REALTORS®’ Top Concerns Heading into 2016 An improving job market, still-low interest rates, and recent measures to make credit more accessible are all offering help to the housing market’s recovery, but several challenges prompting closing delays remain. The latest REALTORS® Confidence Index conducted in November reveals some of the top concerns on real …
Dec 31
Wishing all my blog follower, friends, family and clients past present and future a very Happy New Years.
Dec 30
More Homes Come With ‘Pet Suites’ More spaces are being carved out for pets today, and the trend is even inspiring new home designs. More than half of U.S. households now own a pet, according to a survey of more than 20,000 home shoppers by John Burns Real Estate Consulting. Forty-five percent of those surveyed …
Dec 29
Biggest Winter Home Risks The winter season is a prime time for house fires. Half of all destructive fires tend to occur in December, January, and February, according to the National Fire Protection Association. But most home fires are preventable. Here are some leading culprits to watch for: Space heaters. These devices are the leading …
Dec 24
Common Building Blunders Building inspectors and energy raters shared with BUILDER online the top complaints about common “construction sins,” from improperly installed ductwork to leaky windows. Here are a few blunders that made its list. 1. Attic ductwork: Inspectors – particularly those in hot, humid southern states – say they’re always taken aback when …
Dec 23
Cash Sales Near 50% in These Cities The number of buyers paying all-cash in real estate transactions is falling nationwide, but some places are still seeing a big bulk of their sales from all-cash buyers. Cash sales nationwide accounted for 32.5 percent of total home sales in September, down from 35.9 percent a year …
Dec 22
The 20 Hottest Home Features Right Now Must-have home features are constantly evolving. After all, just a half century ago, shag carpeting in all hues – gold, orange, and purple – were all “in.” But what’s hot with home owners and buyers now? Home staging and design tips: Visit Styled, Staged & Sold Realtor.com® …
Dec 21
Freddie: 2016 Rates to Stay Near Record Lows Mortgage rates edged slightly higher for the second consecutive week and following the Federal Reserve’s decision Wednesday to raise its short-term interest rates for the first time since 2006. “As was almost-universally expected, the Federal Open Market Committee of the Federal Reserve elected this week …
Dec 18
Highest, Lowest of Vacant Homes by ZIP Vacancies in homes are at the lowest level since 2005, according to Census Bureau data. The rental vacancy rate is 7.3 percent while the home owner housing vacancy rate was 1.9 percent for the third quarter of this year. But in some pockets across the country, vacancy …
