Following several weeks of decreases, mortgage rates were back on the rise this week. “The 10-year Treasury yield increased more than 10 basis points this week,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate moved up as well to 4.19 percent, a 10 basis point jump. This week marks the first […]
Lower Insurance Premiums Good News for Home Buyers
U.S. Housing and Urban Development Secretary Julian Castro announced that the FHA will lower its annual mortgage insurance premium, which is good news for home buyers. “With recent hikes in interest rates, the expected average savings of $500 this year will help offset the higher cost of home-ownership for many prospective home buyers and put […]
How to Minimize Risk of Lawsuits
After a property closes, issues can come to light that make the new owners or the sellers upset and want to place blame on their agents. “The number of lawsuits is growing again as real estate markets are heating up, and that means more transactions and claims,” says Eric Myers, vice president of the errors […]
How to Take Better Videos From Your Phone
When you need to capture a quick video of a listing or area for a client, your phone may be all you have. You can still take some quality videos to share on the go and from your phone. USA Today recently featured some tips on capturing better videos from your smartphone, such as: Turn […]
July 11 – At A Glance
Featured Classes and Events Click Links to Register July 13 | RPR Workshop – CVAR East (Rancho Cucamonga) July 14 | 1031 Tax Exchange – Find & Create Investor Clients – CVAR West July 15 | Transaction Coordination 2 – Beyond the Contract July 20 | Living Trusts & Title Issues – CVAR East July […]
What to Know About Property Surveillance
REALTOR.org’s Window To the Law with NAR Senior Counsel Finley Maxson takes a look at the legal considerations for real estate professionals when surveillance devices are present on a property.
Heed the Home Inspection Red Flags
A home inspection not only allows buyers to learn more about their home, it also helps them uncover any potential problems. Curbed.com recently featured a 14-point checklist to help home buyers during a home inspection. Here are a few items they suggest to investigate further during a home inspection that will give your buyers more […]
Branding: Help Make a Name in Real Estate
By Lee Davenport If you’re in the real estate sales business but feel like no one knows it, then you likely have a branding problem, my friend. Alexandra Radford, the marketing maven of Edge Marketing Company, has a critical vocabulary word that every real estate pro should respect and prioritize to get their desired business […]
4 Factors Boosting Housing This Month
While warm weather isn’t unique for Southern California, the warmer weather across the country is drawing more people to look at open houses and available homes this month, says Jonathan Smoke, realtor.com®’s chief economist. Here are four current housing market factors that Smoke says are likely translating into greater sales this April: 1. Low mortgage rates: […]
Build a Real Estate Business, Not a Job
By Ryan Fitzgerald Do you want real estate to be the only job you have for the rest of your life? For me, the answer is easy: “No.” I don’t want real estate to simply be my job; I want to operate a real estate business. If you share in this goal, then here are […]