School Data Helps MLS Members Leverage Their Expertise
What do garages, updated kitchens, and yard space have in common? None of them are as important to homebuyers as the school district a home is located in, according to research. While we’re still a few months away from the start of a new school year, for real estate consumers, the time to list or […]
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NAR: Surging Home Prices Slow June Contract Signings
The red-hot housing market showed signs of cooling last month as price surges persisted, according to the latest report from the National Association of REALTORS® (NAR), which showed contracted signings are down. NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, showed a 1.9% decline last month, falling […]
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CFPB Releases Survey of Mortgage Originations
The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO). The data provide insights into borrowers’ experiences obtaining residential mortgages. Since 2014, FHFA and CFPB have sent surveys each quarter to borrowers who had recently obtained […]
Brand Report: Realogy Second Quarter 2021 Financial Results
Realogy Holdings Corp. reported financial results for the quarter ended June 30, 2021. “Realogy delivered an outstanding second quarter. We generated record operating EBITDA, gained market share for the fourth consecutive quarter and strengthened our balance sheet to its best position ever,” said Ryan Schneider, Realogy’s chief executive officer and president. “The unmatched power of Realogy’s strategic […]
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Zavvie Releases Seller Preferences Report
Record-low inventory in markets across the U.S. made it easy to sell a home in the first half of 2021—but increasingly harder to find and buy one. That made moving tricky for the 70% of sellers who also needed to buy a home. A new midyear zavvie Seller Preferences Report details the explosive growth of Power Buyers […]
Real Estate Recovery: Economic Factors to Watch
The real estate industry is unlike any other, exemplified through the market’s resilience during this pandemic while the overall economy was hit hard. However, much of real estate hinges on overall recovery, and there are several economic factors you’ll want to keep an eye on: The Delta Variant Concerns over COVID-19 variants, particularly the highly […]
Real Estate Investors Bumping Buyers in 31 Top Markets
Are real estate investors creating excessive competition amid the inventory shortage? According to a new report from realtor.com®, some markets are being hit hard by investor activities, while others are benefitting. According to the data, investors are worsening the inventory shortage in 31 of the top 50 U.S. markets. In about 19 markets, however—including Atlanta, […]
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FHFA Applies ’30-Day Notice’ for Renters at Risk of Evictions
Landlords looking to evict tenants who are behind on their rent will need to give them a month to move out if their property is backed by Freddie Mac or Fannie Mae mortgages, according to new rules implemented by the Federal Housing Finance Agency (FHFA) on July 28. The breakdown: – The Centers for Disease […]
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Credit Applications Nearly Reach Pre-Pandemic Levels
Consumer applications for auto loans, new mortgages and revolving credit cards had mostly returned to pre-pandemic levels by May 2021, according to the Consumer Financial Protection Bureau (CFPB). The CFPB says prime and near-prime consumers are driving this recovery. Key findings: – New mortgage credit inquiries experienced a smaller drop in March 2020 compared to […]
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How Agent Support Can Boost Your Productivity and Profitability
Through Strong Values and Agent Support, Brokers Can Increase Their Retention Rates Christian Barnes President and CEO Better Homes and Gardens Real Estate Kansas City Homes Overland Parks, Kansas www.kansascityhomes.com Region served: Greater Kansas City Metro Years in real estate: 14 Number of offices: 8 Number of agents: 450 Best advice for new agents: Align […]
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