FHA Loans: Important Factors You Need to Know

AuthorReal Estate Experts.  Date: June 6, 2022 3:24 am The most common type of loan homebuyers turn to when they’re looking for a mortgage is an FHA loan. But these loans aren’t right for everyone and there are some things you should know before you apply. In this article, we
Title Insurance: The Rundown

AuthorReal Estate Experts.  Date: June 5, 2022 5:59 am Title insurance is a type of insurance that protects the title to real property. It indemnifies the insured against loss or damage sustained by reason of any defect in the title, liens, encumbrances, or adverse claims made against the property. In
Build or Buy? Important Factors to Consider

AuthorReal Estate Experts.  Date: June 4, 2022 7:28 am Which is better: Build a new home or buy an existing one? It’s a tough question to answer, as there are pros and cons to both options. Ultimately, the decision comes down to what you’re looking for in a home and
Tenant Screening: The Ultimate Guide

AuthorReal Estate Experts.  Date: June 3, 2022 10:33 pm Whether you’re a seasoned landlord or just starting, proper tenant screening is an important step in protecting your investment. Looking for a good credit score is a given. But, there are other important factors to consider when making your decision. In
Priced Out of Austin, Relocating Homebuyers Turn to San Antonio

Austin, Las Vegas, Nashville and other metros popular during the pandemic have seen in-migration slow amid surging prices and higher mortgage rates. Homebuyers who are priced out of Austin are turning to San Antonio, located about 80 miles southwest.  San Antonio ranks 10th on Redfin’s list of most popular migration
NAR Applauds New HUD Program Prioritizing Housing Supply

New HUD Program Prioritizes Housing Supply NAR commends HUD on launching the innovative ‘Our Way Home’ program as part of an all-hands-on-deck approach to addressing the housing… Media Contact:  Patrick Newton 202-383-1290
Housing Market Update: Homebuyers Regain Some Control as Supply Grows and Demand Pulls Back

More than one in five home sellers dropped their price while several measures of homebuyer demand posted largest declines since spring 2020 May marked a turning point in the pandemic housing frenzy, as buyers regained some control over the market. This limited sense of control comes at a great cost,
Redfin Advises Listing Sooner Rather Than Later, Pricing Slightly Below Recent Comps & Other Home-Selling Tips For a Changing Market

Redfin experts share home-selling strategies as mortgage rates rise and homebuyer demand falls. Price your home slightly lower than similar homes that sold recently in your neighborhood. Remember that buyers are sensitive to rising rates. List as soon as possible. Make small repairs and stage your home. If you price
Second Century Ventures Opens Applications for 2023 REACH Canada Real Estate Technology Program

SCV Opens Applications for 2023 REACH Canada Program The REACH Canada scale-up program is an asset to aspiring entrepreneurs and offers a vital boost to help propel their business to the next level. Media Contact:  Spencer High 202-383-1051
Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding

The 10 metros building the most single-family homes are all located in the Sun Belt, where home prices have skyrocketed as people move in from other parts of the country. Some of those same Sun Belt locales are also putting up the most multifamily properties, but northern metros including Seattle
Home Sellers in Migration Hotspots Increasingly Turn to Price Drops

The sudden surge in mortgage rates has reduced homebuyers’ budgets in many markets, forcing sellers to reset their price expectations. Price drops are becoming increasingly common, particularly in relatively affordable places that have seen home values surge as people moved in from expensive coastal areas. In Boise, ID, where home
5 Best Tools to Estimate How Much Your Home is Worth (2022)

AuthorFE Real Estate Experts.  Date: May 26, 2022 7:34 pm Click here to browse our Real Estate Agent Directory and contact top-rated agents in your area Home values have skyrocketed since the start of the pandemic. Whether you have bought, sold, or even looked into buying or selling a home
Why You Should Interview Multiple Real Estate Agents – 2022 Guide

AuthorFE Real Estate Experts.  Date: May 26, 2022 2:52 pm There’s a lot to choose from when you’re deciding on a real estate agent. You’ll need to consider a lot of factors such as experience, quality of work, cost, and overall reputation. The post Why You Should Interview Multiple Real
Housing Market Update: Nearly 1 in 5 Sellers is Dropping Their Price, the Highest Rate Since October 2019

Measures of homebuying competition are plateauing as early-stage demand posts its biggest annual decline since April 2020. However, mortgage rates may have leveled off, which could prevent demand from dropping even further. The housing market is sending clearer signals that the pandemic-driven housing frenzy is coming to an end. Nearly
Pending Home Sales Descend 3.9% in April

Pending Home Sales Descend 3.9% in April The latest contract signings mark six consecutive months of declines and are at the slowest pace in nearly a decade. Media Contact:  Quintin Simmons 202-383-1178
NAR Statement on Confirmation of Sandra Thompson as FHFA Director

NAR Statement: Sandra Thompson Confirmed to Lead FHFA Sandra Thompson’s talents and experience will benefit the enterprises, homeowners and home buyers, and the mortgage financing ecosystem. Media Contact:  Patrick Newton 202-383-1290
What is an Appraisal Contingency?

AuthorSteph Matarazzo.  Date: May 25, 2022 2:48 am Appraisal contingencies are put in place to protect the buyer from making a bad deal unknowingly. This provision allows the buyer to walk away from the contract if the appraisal, the decided value, of the home comes back lower than the agreed
How to Improve Your Credit Score Before Buying a House

AuthorFE Real Estate Experts.  Date: May 24, 2022 8:09 pm Most people have an idea of what they would want in a dream house. Unfortunately, they are not always easy to get. Having bad credit can do more than make the buying process difficult, it can bring it to a
Here Are Eight U.S. Migration Hotspots Where Homes Are Still Relatively Affordable

As a record share of homebuyers move to different parts of the country, prices in popular destinations like Miami and Phoenix have shot up. But buyers can still turn to hotspots like Virginia Beach, San Antonio and Bakersfield to find homes priced below the national median. Thirty-two percent of homebuyers
Historic Housing Shortage Shows Signs of Letting Up as Sales Decline

The number of homes for sale shrank at its slowest pace in April since the start of the pandemic. Home sales fell and price growth slowed as soaring mortgage rates prompted more buyers to throw in the towel. The housing market turned a corner in April as the inventory crunch
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