Half of all US mortgaged homes are now considered equity-rich, according to a new report by real estate data curator, ATTOM. According to the US Home Equity and Underwater report for Q2, 48.1% of mortgaged residential properties in the country were considered equity-rich in the second...
Sure, it’s become a corporate buzzword. But your actions can help owners save money and conserve resources, and give your business an edge. After paring gasoline use with the purchase of two electric vehicles, Christopher Matos-Rogers, a former marine biologist, and husband Heroildo, a database architect,...
A report highlights housing supply issues and how a multifaceted approach could be key to improving housing equity as well. The nation’s housing shortage has also fueled a housing inequity problem, Bryan Greene, vice president of policy advocacy for the National Association of REALTORS®, writes in...
Use this risk management strategy, especially if you’re using any third-party content on your website or business materials. Copyright claims are growing in the real estate industry, and many cases end in a judgment against the agent or brokerage accused of violations. Your website or business...
Six steps to livable, attractive spaces. As homeowners hunkered down during the pandemic, many accumulated more possessions—supplies to work from home, utensils to cook more, games to relax. All the extras increased the need to get organized. To homeowners who are getting ready to sell, recommend...
New agents starting out and seasoned pros returning from a hiatus can use these tips to engage followers. From 6:30 to 7:45 every morning, Andrew Finney is in his “creative zone.” He turns off his phone and other distractions to focus on crafting engaging social media...
Since the pandemic began, homeowners have been eager to spruce up their spaces. Even recently, homeowners are spending more on home improvement projects than they have—due partially to higher building material costs, but also to a desire to widen the scope of their projects. Kitchens and...
The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist. After weeks of escalating borrowing costs, home buyers are getting a second chance to lock in lower rates. The 30-year fixed-rate mortgage fell to...
The Federal Reserve’s apparent inability to rein in runaway inflation is hitting the pockets of ordinary homeowners as they struggle to cope with rising mortgage rates and the cost-of-living crisis, Melissa Cohn (pictured), regional vice president at William Raveis Mortgage, has said. Cohn, a mortgage industry...
Homeowners may have gotten overconfident with their DIY skills. Armed with YouTube tutorials and extra time at home during the pandemic, more homeowners have been drawn to DIY house projects to save money and bypass waits for overbooked contractors. Home inspectors are seeing the results...
