Buyers who desire to purchase properties with current and/or future rental tenants (e.g., long term resident tenants, shorter term vacation rental tenants) should investigate the property prior to contract and/or during a due diligence period so the buyer has a way out of the deal if the information is not to the buyer's liking. Buyers… Continue Reading Buyers and Investment Rental Properties and Vacation Rental Properties
Homeownership Rate Is Up During the Pandemic According to the Census Bureau, the homeownership rate increased by nearly 4 percentage points in Q2 2020, to 67.9%. By: Nadia Evangelou Powered by WPeMatico
Comparing Mortgage Payment Status by State NAR has analyzed the ability of mortgage holders to meet their mortgage payments by state, age group, and income. By: Nadia Evangelou Coronavirus Powered by WPeMatico
REALTOR® Sarah Takacs has been active with SCR and LLR in many roles for many years and created a short training video on the SCR Grievance Committee. The SCR Grievance Committee acts as a "grand jury/gatekeeper" for the Professional Standards Committee and Citation Panel for ethics complaints and handles arbitration complaints. From the 2020… Continue Reading Sarah Takacs Grievance Committee educational video
5 Budget-Friendly Ideas to Transform a Home's... An architect offers up tips to create a more inviting space. Design & Architecture, Design Trends Powered by WPeMatico
By Lee Davenport “I just didn’t feel like she was putting in the effort needed to sell my home.” Whoa. Mic and jaw drop. This is not a hypothetical statement. I recently spoke to a homeowner who is beyond the point of frustration with his previous agent—whom he fired—due to the terrible service he received.… Continue Reading 9 Tech Tools to Improve Your Customer Service, Recession-Proof Your Business
Contract Terminations Fall to 7%; Jobs Recover As jobs recover, the fraction of purchase contract terminations has started to decline again. By: Scholastica (Gay) Cororaton Powered by WPeMatico
New Unemployment Claims Increased to 1.4 million Last... Layoffs are still happening, with 1.4 million new filers for unemployment insurance, an increase of 110,000 from the prior week. By: Nadia Evangelou Powered by WPeMatico
Latest Mortgage Rates and Unemployment Filings Interest rates inched up slightly, to 3.02% on a 30-year fixed-rate mortgage, but they are essentially at near-record-low levels. By: Nadia Evangelou Powered by WPeMatico
First-time Homebuyer Share 35% in June 2020 The share of first-time buyers is now trending higher than the 29% to 32% average in the years since 2012. By: Scholastica (Gay) Cororaton Powered by WPeMatico