5 Things You Should Know About Buying A Short Sale Property Buying a short sale home can be great way to buy a desirable home at sometimes a very affordable low price. However, if the low price tag is the only thing that the home buyer considers when looking for short sales, they will soon find themselves surrounded by a collection of ...Read more
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Over the past several years first-time home buyers may have shied away from entering the housing market due to stagnant wages and debt, but times have changed. According to TD Bank’s First-Time Home Buyer Pulse, one in five consumers is actively looking to buy his or her first home, and 46% of millennials will be looking in t ...Read more
Here’s is a list of the 10 most lethal Investor Mistakes Planning as you go. Thinking you’ll “get rich quick.” Playing Lone Ranger. Paying too much. Skipping homework. Ducking due diligence. Misjudging cash flow. Lowering the volume. Painting yourself into a corner. Miscalculating estimates. Credit for Info to P ...Read more
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Real Estate News and Boston News
Unfortunately, many lenders have chosen to withhold... Read More">WASHINGTON (July 29, 2016) — Since the October 2015 implementation of the Consumer Financial Protection Bureau's ‘Know Before You Owe' mortgage initiative, Realtors® have raised red flags over challenges in gaining access to what's known as the mortgage "closing disclosure" form, or CD. The CD is delivered to homebuyers in advance of their closing and contains important financial information related to their purchase.
Unfortunately, many lenders have chosen to withhold... Read More
CHICAGO (July 28, 2016) - Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has selected Dave Garland – a respected industry consultant and investor – to join the firm. Garland will help set a forward looking direction for the venture capital fund, which develops early-stage technology companies, and guide its technology accelerator program, REach®.
In this new role, Garland will search out and evaluate investment opportunities that promise to improve the global residential and commercial real estate industries. Under... Read More
WASHINGTON (July 28, 2016) – The median annual income and number of sales transactions of National Association of Realtors® commercial members decreased slightly as the number of new commercial members significantly increased in 2015, according to the 2016 NAR Commercial Member Profile.
The number of commercial members with less than two years of experience nearly doubled to 9 percent in 2016, from 5 percent in 2015. The annual study's results represent Realtors®, members of NAR, who conduct all or part of... Read More
WASHINGTON (July 27, 2016) — Pending home sales were mostly unmoved in June, but did creep slightly higher as supply and affordability constraints prevented a bigger boost in activity from mortgage rates that lingered near all-time lows through most of the month, according to the National Association of Realtors®. Increases in the Northeast and Midwest were offset by declines in the South and West.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, inched 0.2 percent to 111.0 in June from 110.8 in... Read More
WASHINGTON (July 21, 2016) — Boosted by a greater share of sales to first-time buyers not seen in nearly four years, existing-home sales maintained their upward trajectory in June and increased for the fourth consecutive month, according to the National Association of Realtors®. Only the Northeast saw a decline in closings in June, and sales to investors fell to their lowest overall share since July 2009.
Total existing-home sales1, which are completed transactions that include... Read More