Fri.Apr 09, 2021

Targeting first-generation homebuyers for financial help

Housing Wire

The Urban Institute ‘s Housing Finance Policy Center recently posited that down payment assistance for first-generation homebuyers could help turn the tide of systemic racism by reducing intergenerational wealth disparities.

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Building Materials Prices Rise Across the Board in March

Eye on Housing

Prices paid for goods used in residential construction ex-energy rose 2.4% in March (not seasonally adjusted) and have increased 9.8% over the past 12 months, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e.,

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William Raveis ain’t no stinkin’ iBuyer

Housing Wire

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. But don’t confuse its new program with iBuying – they’re looking to solve the sell-before-you-buy dilemma in a different manner.

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How to get approved as a self-employed, first-time home buyer

The Mortgage Report

Self-employed first-time home buyers face obstacles other buyers don't. Learn what to expect and how to get mortgage-approved. Buying a home

The business case for accessory dwelling units

Housing Wire

One of Mighty Buildings 3D-printed ADUs. Photo credit: Mighty Buildings. Aging parents. College students returning to the fold. Millennials seeking affordable housing in high-priced markets. People with disabilities who can live on their own but need a little family support.

Riding the Waves of Change: RISMedia Releases 33rd Annual Power Broker Report

RIS Media

What a difference a year makes. This time last year, Power Brokers were sitting pretty, a healthy economy in hand and a bullish outlook on 2020. But a growing concern was also casting a shadow of uncertainty—the nascent COVID-19 virus.

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Power Broker Perspectives: Strategies for the Road Ahead

RIS Media

From an inventory drought to a sea change in relocation patterns, market challenges and opportunities have created a wild ride for this year’s Power Brokers.

GSEs won’t buy QM loans under GSE Patch after July 1

Housing Wire

In Lender Letters issued on Thursday, Fannie Mae and Freddie Mac confirmed that loans purchased by the GSEs with application dates on and after July 1, 2021, must meet the standards of the Consumer Financial Protection Bureau’s Revised Qualified Mortgage Rule.

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CoreLogic: Home Price Growth Reached 15-Year High in February

RIS Media

CoreLogic® recently released the CoreLogic Home Price Index (HPI ) and HPI Forecast for February 2021. Home prices continued to increase in February, reaching the highest annual gain since April 2006, as demand continues to clash with historically low supply.

How student lending can benefit non-bank lenders

Housing Wire

Over the last several years, non-bank mortgage originators have established a much larger market share. Additionally, non-bank servicers have more than doubled their ownership of servicing rights in the last 10 years.

How to shop for refinance rates and compare offers: 7 steps

The Mortgage Report

If you want to save more money by refinancing your house, make sure to compare refinance rates and lenders. Tips for getting the best refinance rates here. FHA Refinance Mortgage Rates Mortgage Strategy Refinance VA Refinance

Voxtur acquires appraisal software firm Anow

Housing Wire

Canadian real estate technology company Voxtur Analytics Corp. closed on the acquisition of appraisal management software firm Appraisal Now for approximately $30.5 million, the company said this week.

How To Modernize Your Home on a Budget

Redfin

We all have spent a great deal of time in our homes over this past year. And like the rest of us, you probably spent a good chunk of time browsing your favorite real estate app.

Mortgage and refinance rates today, April 9, 2021

The Mortgage Report

Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday, extending the period since we last saw a rise. That was March 30. Unfortunately, it was looking first thing […]. Mortgage Rates Now

SoftBank invests $500M in fintech startup Better.com

Inman

Better.com is set to receive $500 million from SoftBank's Vision Fund, according to a WSJ article on Thursday. This places better.com's valuation at $6 billion. Mortgage News Brief Select Technology better.com fintech startup funding rounds softbank SoftBank Vision Fund Vishal Garg

ATTOM Data Solutions Releases 2020 Property Tax Analysis

RIS Media

ATTOM Data Solutions recently released its 2020 property tax analysis for almost 87 million U.S. single family homes, which shows that $323 billion in property taxes were levied on single-family homes in 2020, up 5.4% from $306.4 billion in 2019. The average tax on single-family homes in the U.S.

Mortgage Changes May Accelerate Canadian Property Bubble, Not Helpful: Big Six Banks

Better Dwelling

Canadian banks have begun to weigh in on new mortgage changes, and they aren’t optimistic. Earlier today, the Office of the Superintendent of Financial Institutions (OSFI) announced a revision to the uninsured mortgage stress test.

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Just Listed: Forest Park Treetop Retreat

The Living Room

Forest Park Treetop Retreat. 10272 NW Alder Grove Lane, Portland, OR 97229. Offered at $365,000 | MLS# 21423474. 2 bed | 2 bath | 1,380 sq. Taxes: $6,145.86. Nestled in the treetops of Forest Park, this stunning townhouse is the perfect place to call home!

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5 Delightful Dining Room Decor Trends You’ll Want To Copy for Spring

Realtor.com

David Duncan Livingston/Houzz This time of year is always bursting with color outside. And with all those blooming buds and fresh green shoots, it’s understandable that you would want to bring that vibrancy inside , too. Where to start?

Want a second home but don’t know where to start? Try Pacaso!

The American Genius for Real Estate

(REAL ESTATE TECH NEWS) Owning a second home can be a daunting experience, but Pacaso looks to simplify it, and gives you more ownership over your dream vacation home. The post Want a second home but don’t know where to start? Try Pacaso! appeared first on The American Genius Real Estate.

What Does ‘Under Contract’ Mean in a Real Estate Listing?

Realtor.com

Getty Images As you scroll through the real estate listings, you might spot a few that say the house is “under contract.” ” But what does “under contract” mean?

Luxury Real Estate Headlines: First Week in April 2021

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Guilford, Connecticut | Carol Mancini, William Pitt Sotheby’s International Realty .

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Visit The Sea Turtles At The Loggerhead Marinelife Center

Waterfront Properties

Juno Beach is home to the Loggerhead Marinelife Center, a research and rehabilitation center for endangered and injured sea turtles. Several times a day from March to October, the center monitors the beaches for sea turtle nests during nesting season.

What to Do About an Unpleasant Odor in Your House

RIS Media

A bad smell in your home can indicate that your family’s health is at risk. Although air fresheners and scented candles may cover up a smell, at least temporarily, they don’t address the source of the issue. They may also contain ingredients that can cause allergic reactions or that may be toxic. .

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Texas House Built With an Indoor Slide Is the Week’s Most Popular Home

Realtor.com

realtor.com Deep in the heart of Texas, a newly built modern farmhouse comes with an unexpected indoor amenity: a slide. That is, what you’d find on a playground.

If You Have Refinanced Your Mortgage Once, Should You Refinance Again?

RIS Media

You have the right to refinance your mortgage as many times as you want, but your lender may place some limitations on how frequently you may do so. You will also have to meet your lender’s requirements related to debt-to-income ratio, credit score and percentage of equity.

What Types of Appraisals Are in High Demand Due to COVID-19?

McKissock

The COVID-19 pandemic has significantly influenced the real estate market over the past year. Last month (March 2021) we asked appraisers across the U.S., “What type of appraisal has seen the MOST growth in demand in your local area due to COVID-19?”

WATCH: Back to Basics 101 — Take some time off

Inman

Founder of Move Over Extroverts Ashley Harwood shares why it’s even more critical to take time away from your business when your crazy busy. Agent Back to Basics Brokerage Lifestyle Select Service Video back to basics michael fanning real estate agent theme-month-202104

Who Reads The MLS Caption?

Toronto Realty Blog

TorontoRealtyBlog. 463 characters. I know that number by heart. In the “REMARKS FOR CLIENTS” section of the MLS listing, there is room for exactly 463 characters of any type, including spaces or punctuation. And what’s crazy is that we used to write this out by hand! Seriously.

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Top Real Estate Agents in Tustin Ranch: Spotlight On Jennifer Palmquist

First Team Real Estate

When reviewing the top real estate agents in Tustin Ranch, Jennifer Palmquist and her mother Rosemary Karl rank at the top of the list. Specializing in the Tustin Ranch , North Tustin , Irvine and Orange areas , Rosemary and Jennifer have been serving the local community for over 26 years.