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Transacting Business in the Age of Wire Fraud
3/18/2018 12:07 PM
This month’s National Association of REALTORS® (NAR) Power Broker Roundtable discusses fraud and security strategies. Moderator Christina Pappas, District Sales Manager, The Keyes Company, Miami, Fla.; Liaison for Large Firms & Industry Relations, NAR Panelists Michael Volin, Vice President-Legal, Title Resource Group (TRG), a Rea...Read More
Housing Starts Soften
3/18/2018 12:06 PM
February’s home-building receded, with housing starts softening 7 percent and totaling 1.24 million, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). Notably, single-family starts increased 2.9 percent to 902,000. Multifamily starts (five units or more) came in at 317,000. ...Read More
Appraisals Better Check Out With Owner Perceptions
3/18/2018 12:05 PM
Appraisals are better checking out with what owners perceive, just 0.53 percent below what was expected by homeowners, according to the February Quicken Loans National Home Price Perception Index (HPPI). The Quicken Loans National Home Value Index (HVI) shows appraised values rose 6.37 percent year-over-year. Appraisals continue to fall short of...Read More
Backtracking: Mortgage Rates Retreat
3/16/2018 11:01 PM
For the first time this year, the average 30-year, fixed mortgage rate has retreated, back to 4.44 percent this week after rising for nine straight weeks, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The average 30-year, fixed mortgage rate was 4.46 percent the week prior. Mortgage rates a...Read More
Jason Waugh: Delivering Exceptional Experiences
3/16/2018 11:00 PM
Vitals: Berkshire Hathaway HomeServices Northwest Real Estate and Berkshire Hathaway HomeServices Real Estate Professionals Years in Business: 76 Size: 32 offices, 950 agents Regions Served: Oregon and Washington 2017 Sales Volume: $3.9 billion 2017 Transactions: 10,567 This summer, Jason Waugh, president and CEO of Berkshire Hath...Read More
Commentary: Let the Prime-Time Housing Market Begin
3/15/2018 2:44 PM
In this commentary, J. Lennox Scott, chairman and CEO of John L. Scott Real Estate, discusses the housing market nationally and in Puget Sound/Seattle, Wash. The arrival of Daylight Savings triggers a burst in new listings, and more listings lead to more sales. In real estate, it’s all about the new listing. The winter market […]...Read More
Regulatory Relief Bill Passes Senate
3/15/2018 2:37 PM
Following the financial crisis of 2008 and the Great Recession, the federal government imposed regulations in the form of the Dodd-Frank Wall Street Reform and Consumer Protection Act—an effort to ensure financial stability and consumer protection. Senate Banking Committee Chair Mike Crapo introduced bill S. 2155—the Economic Growth, Regulatory ...Read More
Across All Buyers, Millennials Have the Most Purchases
3/14/2018 3:14 PM
In housing, generations intersect regularly. Who’s downsizing? Who’s driving the market? Who’s trading up? The generation impressing on the market most today? Millennials, according to the 2018 Home Buyer and Seller Generational Trends study, recently released by the National Association of REALTORS® (NAR). Millennials are...Read More
Buying Costs Mount This Spring
3/14/2018 3:10 PM
Are you looking to purchase this spring? The combination of increasing prices and rates is making the price tag steeper. The average monthly mortgage payment has risen by $168, or 12.7 percent, year-over-year, according to an analysis by®. The average monthly mortgage is now $1,486, up from $1,318 in February of last year. Concu...Read More
Results Are In: The What and Who of Working With Lenders
3/14/2018 3:07 PM
RISMedia, in conjunction with Quicken Loans, recently completed our survey, “The What and Who of Working with Lenders,” which gathered insights from our readers about your opinions on and experiences with the finance industry. Mobile technology and access to a user-friendly app were high on the must-have list, as was communication an...Read More

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