Housing affordability ends 2022 at record low
Housing affordability hits record low in Q4 2022 National Association of Home Builders/Wells Fargo Housing Opportunity Index Released on Thursday. At the end of the fourth quarter, the index stood at its lowest level since the NAHB began tracking the data on a consistent basis in 2012. Despite this, the NAHB is optimistic that the […]
70% of Economists Say We’re Heading into a Recession—Are They Right?
in this article Another day, another contradictory economic data point. For the past several months, the US economy has been sending confusing and often conflicting signals about what’s to come. Some indicators show the US economy is doing relatively well, while others are showing ominous signs of a recession. So which one is it? Is […]
How LO can leverage their sphere of influence
The market of 2023 is unlike those we have seen in previous years. We’re coming out of back to back years where mortgage rates were in the 2s and 3s, and now they’re in the 6s. In a market like this, every lead, loan and basis point counts more than ever for LOs. Dave Savage, […]
Who makes Insignia TVs? (February 2023)
you + sharing it = us as best friends Many people wonder who makes Insignia TVs, and today we will answer that question. The short answer is that Chinese manufacturer Hisense makes the Insignia TV. Best Buy stores then sell them under Best Buy’s in-store brand. They also sell many other TV models from their […]
8 Aurora Restaurants New Residents Need to Try
Aurora, IL is a vibrant city with a thriving food scene. Whether you’re in the mood for fine dining, street food, or casual eateries, you’ll find something to suit your taste buds in this bustling city. With so many options to choose from, it can be hard to know where to start. To help you […]
Northpoint Bank will spin off its correspondent lending business
northpoint bankA regional bank headquartered in Michigan will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan service business. “Due to the significant contraction in the overall mortgage industry, we have made the difficult decision to exit the correspondent lending business,” said Chuck Williams, […]
What is the typical down payment on a home? (February 2023)
you + sharing it = us as best friends I want to talk about the typical down payment on a house, as the most common number when talking about down payments is 20%. Financial experts actually encourage people to put 20% down on a home. And, almost any article you read about buying a home […]
How to boost listings by asking key contacts in your area for referrals
It’s been many years, but I still get my landlord – a real estate agent – calling me and asking if I know anyone who wants to buy or sell a house. At that time, I didn’t. More than that, I really wanted to help her and felt bad that I couldn’t. I really liked […]
Co-living units are helping investors generate higher returns – here’s what you need to know
in this article Before the pandemic, co-living was already there as a housing solution gaining popularity Urbanization led to an increase in rents in major cities. Now, the concept of residential living with communal spaces is coming back after the pandemic is gone rental affordability crisis And the loneliness epidemic In view of this. Earlier […]
Joan Trice sells the Valuation Expo and the Valuation Buzz newsletter
Education Media Publisher Evaluator E-learning (AEL) bought Valuation Expo And evaluation buzz From Joan Trice, who created the two entities nearly 20 years ago. Announcing the purchase on Wednesday, AEL said that both the valuation conference Valuation Expo and its employee Valuation Buzz, a newsletter for valuation professionals, will remain in place and there are […]
