Report: consumer house-buying power is the highest it’s been since 1991
HousingWire | Alcynna Lloyd In June, consumer home-buying power increased by 12.2 percent from the previous year. In June, home prices fell 2.2%, declining 4.6%...
Category : Finance
Certain home sales of $400,000 and under may soon not need an appraisal
HousingWire | Ben Lane A proposal to increase the threshold at which residential home sales require an appraisal is pending final approve from the Federal...
Homeowners could benefit from refinancing with current rates
REALTOR Magazine A recent sharp drop in mortgage rates hasn’t unlocked savings just for those looking to purchase a home—homeowners may also benefit. About 5.9...
Share of borrowers with interest rates under 5% is growing
According to a report from LendingTree, 85 percent of borrowers received rates lower than five percent. This is positive news for those looking to purchase...
John L. Scott Sunset Corridor office wins award from American Home Shield
Tyler Hurlbutt from American Home Shield stopped by a recent sales meeting at the John L. Scott Sunset Corridor office to award their team the...
Microsoft pledges $500 million to support affordable housing in Seattle area
Of the $500 million Microsoft has pledged, the company said $475 million will be used to fund construction loans for affordable housing over the next...
NAR Chief Economist Lawrence Yun shares thoughts on housing market
Houston Agent Magazine | Scott Klocksin When it comes to getting a clear view of the intersection of real estate and the economy, Lawrence Yun...
Alternatives to 20 percent down millennials can take advantage of
Millennials today can face an uphill battle if looking to put down 20 percent on a home. According to a recent study, saving 20 percent...
Feds expanding investigation into all-cash deals
The Treasury Department’s Financial Crimes Enforcement Network is significantly expanding its investigation into whether foreign buyers are using shell companies to buy U.S. real estate,...
Report: Homeowners are earning an average of $61K at resale
In the third quarter of 2018, homeowners sold for an average of $61,232 more than the original purchase price of their home, which is the...