Should You Get Rid of PMI?
You were likely able to snag a house with a lower down payment than the traditional 20% required, but that may have left you with private mortgage insurance (PMI). This type of insurance is designed to protect your mortgage lender in case you default on the loan. Typically, a homeowner who must purchase PMI is […]
‘Upzoning’ in My Backyard? California Bill Won’t Turbocharge Home Building, Study Says
(TNS)—A bill advancing through the California Legislature to allow for denser home building in single-family zones would be likely to produce an uptick in the state’s housing supply, but the so-called upzoning probably won’t cause mass redevelopment, according to a report published Wednesday. The study by the Terner Center for Housing Innovation at UC Berkeley […]
The post ‘Upzoning’ in My Backyard? California Bill Won’t Turbocharge Home Building, Study Says appeared first on RISMedia.
Realogy-Affiliated Agents Rank on AREAA A-List
Realogy recently reported that its affiliated agents are represented more often than any other real estate company on the latest Asian Real Estate Association of America’s (AREAA) A-list, an annual list of the top producing agents and teams among its more than 17,000 members. Year over year, Realogy agents have earned placement among the top […]
ERA Expands in California With CARLILE Affiliation
ERA® Real Estate recently announced the affiliation of ERA CARLILE Realty Group. Founded in 2005 the company is headquartered in Sacramento, California, and serves Arden-Arcade, Sacramento, Fair Oaks, Carmichael, Orangevale, Rancho Cordova, Elk Grove, Roseville, Rocklin and Lincoln, as well as other Northern California communities. With three offices and 40 affiliated sales associates, the firm […]
The post ERA Expands in California With CARLILE Affiliation appeared first on RISMedia.
Kinlin Grover and Sister Firms Join Compass
Above L to R: Jeffery Heighton, Regional President of Compass New England with Michael Schlott, President of the Randall Family of Companies (Kinlin Grover Compass, Randall Realtors Compass, Page Taft Compass). Kinlin Grover Real Estate President Michael Schlott recently announced that Kinlin Grover—along with its sister firms in Rhode Island and Connecticut: Randall REALTORS® and […]
Thoughts on Leadership: The Richest Man in Babylon
If you’ve been following my social media accounts, I recently posted the books I’ve been listening to and reading this summer. In addition to that list, I’ve also been revisiting some older reads like “The Richest Man in Babylon” by George S. Clason. Jim Rohn, a philosopher, author and dear friend of mine, first introduced me to this […]
The post Thoughts on Leadership: The Richest Man in Babylon appeared first on RISMedia.
Over 1.5M Serious Delinquencies Still Remain
June’s month-end mortgage data shows there may still be a bulk of serious delinquencies by the time the forbearance moratorium ends, according to Black Knight. The details: Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 4.37% – Month-over-month change: -7.62% – Year-over-year change: -42.39% Total U.S. foreclosure […]
NAR Forum Tackles ‘Historic’ Housing Shortage Issues
As plans for the nation’s infrastructure take shape, real estate professionals and industry experts say fixing housing shortages needs to be a critical part of the conversation. “Housing is an essential long-term asset that helps families climb the economic ladder to prosperity, brings folks closer to job opportunities and generates tax revenue that supports community […]
The post NAR Forum Tackles ‘Historic’ Housing Shortage Issues appeared first on RISMedia.
Was Real Estate the Real Cause of the American Revolution?
For centuries, historians have debated whether the American Revolution was driven more by ideas or economics. I’m fully in the “ideas” camp, but it would be disingenuous to believe that an economic crisis doesn’t lead to grandiose ideas. Currently, real estate prices are climbing at unprecedented rates. More companies are focusing on consumer experiences and […]
The post Was Real Estate the Real Cause of the American Revolution? appeared first on RISMedia.
Sellers Making Their Way Onto Real Estate Markets
Yes, we’re still below the inventory threshold necessary for filling the supply shortage gap; however, there’s been improvement in the real estate markets for the week ending July 17, according to the latest Weekly Housing Trends report from realtor.com®. By the numbers: – New listings are up 9%. More new sellers hit the market compared […]