Housing Affordability Conditions Fade in June 2022 The monthly mortgage payment increased by 5.3% in June 2022, compared to the prior month, while the median family income increased by 1.4%. By: Michael Hyman Mortgage Financing Powered by WPeMatico
Double-Digit Home Price Increase in 80% of Metro Areas National median prices rose 14.2% year over year to $413,500, rising above $400,000 for the first time. By: Michael Hyman Powered by WPeMatico
https://www.nar.realtor/videos/window-to-the-law/overview-of-respa-for-real-estate-professionals Posted by: Byron King on 08/12/22 (This information is only accurate as of 08/12/22. You must contact SCR for updates and changes to this information after 08/12/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading NAR on RESPA: Referral Fees – When legal? When Illegal?
Beware Wire Fraud! Educate everyone with this SCR wire fraud video and form: https://screaltors.org/wp-content/uploads/Forms/610.pdf https://www.youtube.com/watch?v=2nQLCom9U8c Secure your email systems. Two method authentication. Avoid power of attorney. Avoid providing or couriering wiring instruction. Call SCR for WIRE FRAUD training. WARNING: FBI warns that this is a multi-billion dollar international organized crime strategy. Posted by: Byron King… Continue Reading Beware WIRE FRAUD! Wiring Instructions? Be Alert!
Instant Reaction: CPI Inflation, August 10, 2022 Some recent potential homebuyers who were pushed out of the market may now be able to get back in and qualify for a mortgage. By: Lawrence Yun Powered by WPeMatico
Spotlight: International U.S. Residential Transactions Matt Christopherson, Senior Research Analyst, talks about the report's essential findings and main takeaways. By: Meredith Dunn Residential, International Real Estate Powered by WPeMatico
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5 Updates to Liven Up the Home's Exterior Check out these before-and-after virtual renderings to see what a difference a few style updates can make to an outdoor space. By: Melissa Dittmann Tracey Design & Architecture Powered by WPeMatico
If a buyer is properly terminating under another SCR310 contingency or section other than the due diligence section, the due diligence termination fee is not paid to the seller. Posted by: Byron King on 08/08/22 (This information is only accurate as of 08/08/22. You must contact SCR for updates and changes to this information after… Continue Reading If a buyer is properly terminating under another SCR310 contingency or section other than the due diligence section, the due diligence termination fee is not paid to the seller.
Trends in Median Single-Home Price by MSA (1990-2021) What home price expectations do buyers and sellers have in some of the most populated metro areas, and what are the prospects of positive investment? By: Sophie Anderson Powered by WPeMatico