The Impact of Student Loan Debt: Is Now the Time for Governmental Action?
A new study from the National Association of REALTORS® (NAR) shows that student loan debt is delaying 60% of non-homeowning millennials from purchasing their first homes. The survey further demonstrates that 51% of all holders of student loan debt have had home-purchase delays because of it. Overall, the Federal Reserve estimates that Americans have a […]
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Mortgage Rates Stable Heading Into Continued Pandemic Uncertainty
The 30-year fixed-rate mortgage (FRM) averaged 3.11% for the week ending Dec. 2, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). Mortgage details: The 30-year fixed-rate mortgage averaged 3.11% with an average 0.6 point for the week ending Dec. 2, 2021, up slightly from last week when it averaged 3.10%. Last year, the 30-year FRM averaged 2.71%. […]
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How Past Clients Lead to Future Business
What kind of score do you give yourself when it comes to nurturing past clients? Strengthening these relationships will place you ahead of the competition and set you up for continued success. It’s baffling trying to understand why agents pay for leads that are sold and resold through multiple lead generation platforms, who then wonder […]
Curbio Names Jennifer A. Moyer as Chief Financial Officer
Curbio has announced Jennifer A. Moyer as its new chief financial officer. Moyer joins Curbio with nearly three decades of financial experience, most recently serving as the chief operating officer and chief financial officer of the Upside Travel Company. Throughout the course of her career, she has held several executive leadership positions, including chief financial officer of […]
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How 1REport Empowers Agents for Success in the Digital Era
“We knew we were building something big, but we didn’t know how big,” says Allen Alishahi, referring to the past year of growth his company has seen. Last year, ShelterZoom—the four-year-old startup Alishahi co-founded after his 30-year career as a Staten Island, New York, broker—launched a digitally secure platform called DocuWalk. This full suite of […]
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Emerging Tech: AI and 5G Will Be Game Changers for Real Estate
Technology is playing an increasingly important role in real estate, supplementing agent and broker efforts to build relationships and provide value to homebuyers, sellers and investors. While the last decade has seen significant tech growth, industry experts addressed the future of its applications in real estate at the National Association of REALTORS® (NAR) annual REALTOR® […]
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U.S. Household Net Worth Increased 17.6% Between 2016 and 2019
American households got a bit richer between 2016 and 2019, according to a new report released on Dec. 2 by the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA). The RIHA study “The Distribution of Wealth in America Since 2016” found that the median net worth of U.S. households increased by 17.6% in […]
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Two Photography Giants Combine: VHT Studios Acquires TourFactory
VHT, Inc., recently announced the acquisition of the TourFactory photography network. This transaction brings together the nation’s two largest real estate photographer networks, according to the company. The combination of VHT Studios’ photographers and the TourFactory network of independent photographers and photography companies gives access to a large network of professional real estate photographers. As […]
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HGTV Launches Vermont Dream Home Sweepstakes
HGTV, a member of the Discovery, Inc. family of brands, recently unveiled the newly built, fully furnished HGTV® Dream Home 2022 in Warren, Vermont. The winner of the home will receive the brand new, fully furnished home, including all the furnishings, an All-New 2022 Grand Wagoneer and $250,000 from Rocket Mortgage®, a prize package valued […]
Permanent Living Transforms Resort Towns, Vacation Homes
They say if you love what you do, you won’t work a day in your life. But what if you live where you vacation, does that make every workday a holiday? Maybe not quite, but even so, thousands of people across the country have begun looking at their second homes, or at traditionally vacation areas, […]
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