High-Volume Lender Making Escrow Optional
One of the country’s highest-volume lenders announced it will allow borrowers to opt into an escrow-free loan structure. United Wholesale Mortgage reports it will waive escrow accounts and fees for all...
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Announcing the 2018 Think Realty Honors Finalists
Think Realty is proud to announce its 2018 Think Realty Honors finalists today. The finalists are peer-nominated investors who excel within their industry niches. The winners will be recognized at an...
View Article3 of 4 Home Buyers Will Pass on Homes “Not Right” for Pets
Three-quarters of today’s home-buyers who own pets said they would pass up their dream home if the property did not meet their pet’s needs. These numbers make up a portion of the results from a recent...
View Article$1 Million Cities on the Rise in the U.S.
The United States has 197 $1 million cities according to Zillow’s $1 Million City List, which identifies cities with median home values of $1 million or more. 33 of those cities are new additions...
View ArticleVegas Shooting Victims to Share Proceeds from Gunman’s Homes
Nevada laws do not require real estate professionals to disclose if a property was owned by a notorious person. Still, Stephen Paddock’s two former residences will not fly under the radar. Paddock...
View ArticleWhat’s Next for the Original “Brady Bunch” House?
After a fierce bidding war, HGTV walked away with the deed to the old ‘Brady Bunch’ house used in the 1970s sitcom. The property, located in Studio City, California, was last sold in 1973 for $61,000....
View ArticleFive Homeowners Accused of Fraudulently Paying Mortgages
The U.S. Attorney’s Office for the District of New Jersey has accused five of the state’s residents of fraudulently paying mortgages. They used fake money orders, fake cashier’s checks, and other...
View ArticleTop Neighborhood Names for Wealthy Homeowners
The top neighborhood names in the country tend to have certain words in common. According to a new study from Porch.com, the name of a neighborhood can attract wealthier homeowners. “Whether it makes...
View ArticleFannie Mae and Freddie Mac Offer Mortgage Moratorium to Fire Victims
As California’s wildfires continue to spread, more homeowners face the destruction of their homes. Just this Sunday, the Mendocino Complex fires (formerly the River and Ranch fires), consumed 8,000...
View ArticleStock Markets Punish Redfin for “Cooling” Housing Trends Comment
After Redfin CEO Glenn Kelman predicted a national slowdown in housing could continue, his company’s stock suffered an immediate setback. The markets punished Kelman for his prediction and Redfin stock...
View ArticlePorch.com Releases New Home Predictions
According to home services network Porch.com, certain things will be very different by 2036 regarding new home construction. The company’s research team released a study forecasting some basic details...
View ArticleU.S. Commerce Dept. Warns Housing Inventory Still Short
If the goal of homebuilding is to cool rising prices, the slight uptick in new home inventory this past July won’t do the trick. According to the U.S. Commerce Department, total housing starts in...
View ArticleHUD Accuses Facebook of Housing Discrimination
The U.S. Department of Housing and Urban Development (HUD) has accused Facebook of housing discrimination. HUD alleges “Facebook unlawfully discriminates by enabling advertisers to restrict which...
View ArticleForeclosure Rates Rise in Nearly Half of Metro Areas
Nearly half of all metro areas tracked by ATTOM Data Solutions saw a rise in foreclosure starts this summer. 96 of the 219 (44%) metropolitan statistical areas (MSAs) measured by the housing data giant...
View ArticleLatest Spec Houses Include Shark Ponds, Tequila Freezers
Real estate developers catering to the wealthiest buyers on the planet are taking their spec houses—custom homes with extravagant features commanding astronomical price tags—to new levels. In fact, one...
View ArticleYoung Americans Push Homeownership Rates Up
U.S. homeownership added one-tenth of a percentage point during the second quarter of 2018, pushing the rate to 64.3% at the end of June 2018. Analysts credit young Americans—under 35 years old—for the...
View ArticleMost Millennials Could Not Qualify for a Mortgage
One third of millennials who do not have a mortgage could use their prime credit score and this could help them qualify for one. According to the National Association of Realtors (NAR) and Experian...
View ArticleEconomists Say New-Home Sales Hit 9-Month Low
When you see headlines about home-sales volumes hitting nine-month lows, read carefully. Likely, the article is referring to new-home sales, or the number of newly built, single-family homes. According...
View ArticleThink Realty to educate, inspire real estate investors in Atlanta
Think Realty will hold a Conference and Expo, September 22 and 23, at the Westin Buckhead Atlanta. The event will focus on creating personal freedom and purpose through real estate investing. Ken and...
View ArticleFlood Risk Hurts Home Values in Multiple States
Living near the water has traditionally been a pleasant dream for home-buyers, but research from a nonprofit group evaluating the impact of rising sea levels indicates home values may be suffering as...
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