Borrowers Gained Over $6 Trillion in Home Equity from Q1 2010 to Q1 2020
Borrower equity increased by $590 billion in the first quarter of 2020 compared with a year earlier. National share of homes with negative equity was 3.4% for the first quarter of 2020. The amount of equity in mortgaged real estate increased by $590 billion in the first quarter of 2020 from the first quarter of.. Read More
Existing-Home Sales Wane 17.8% in April
Existing-home sales dropped in April, continuing what is now a two-month skid in sales brought on by the coronavirus pandemic, according to the National Association of Realtors®. Each of the four major regions experienced a decline in month-over-month and year-over-year sales, with the West seeing the greatest dip in both categories. Total existing-home sales,1 completed.. Read More
Essential Marketing Tools for Realtors
When you are selling your home, you expect your realtor to go all out for the marketing process. The more people who read about, hear about and see your home, the more offers you are likely to get. These are some of the best digital marketing apps and social networking tools that your realtor should.. Read More
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Lower-Priced Homes Had the Highest Annual Appreciation in August, but Also the Largest Slowdown in Appreciation
Is There an End in Sight to the Affordable Housing Shortage? The real estate market has seen a boom year, with national home prices soaring. Given the way the real estate industry needed to pivot during the heart of the COVID-19 pandemic, finding new ways to market and show homes during a nationwide shutdown, speaks.. Read More
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Single Parents Have A Hero When It Comes To Buying A Home
Being a single parent comes with problems and struggles not faced by others. Being a single parent is not a reason to believe the dream of owning a home is beyond reach. With guidance and support from NonQMHomeLoans.com, it is easier to buy a home. A single parent may have problems purchasing a home of.. Read More
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Subprime Lending Is Back. In A Big Way. But Don’t Call It ‘Subprime.’
There are new financial products hitting the financial store shelves today. Many come with regulations which are more restrictive than the risky subprime mortgages popular before the financial crisis hit. A solution for a key segment of the population has been developed: non-qualifying mortgages, or non-QM. As non-QM expand exponentially, there are new non-prime lenders.. Read More
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