Federal agencies propose guidance for residential ROVs
five federal agencies including consumer financial protection bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the federal ReserveThe National Credit Union Administration (NCUA) and office of the comptroller of the currency (OCC), are collectively proposing new interagency guidance on Reconsideration of Value (ROV) for residential real estate transactions. The announcement states, “The proposed guidance advises […]
Homeownership rates climb for lower-median income families
Families with lower-median household income are overcoming barriers related to borrowing costs and rising home prices and are finding ways to become a homeowner, according to Freddie MacThe latest economic, housing and mortgage outlook from. The below-median family income homeownership rate increased from 48% to 53% since 2016, Freddie Mac said, citing data census BureauHousing […]
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This Week’s OddsPlus! Vince Panico is the winner of 5,000 Reward Points!
Vince recently sent out a Just Sold postcard, shown above. to see more, Click here, Vince Panico, congratulations on winning this week’s contest! Vince had the following words about his success in sending marketing from ProspectsPlus!, ,When I researched companies to send postcards for my new real estate listing, most had a minimum of 100 […]
Sean Donovan Named CEO of Enterprise Community Partners
Sean Donovan, former secretary of U.S. Department of Housing and Urban Development (HUD) and former Director US Office of Management and Budget (OMB) has been appointed CEO Enterprise Community PartnersA national housing nonprofit that aggregates housing investment, advocates for housing policies, and builds and manages communities. Donovan, who served during the entire eight years of […]
Kamala Harris talks proposed AVM bias rule as White House announces new assessment tasks
Shortly after Thursday’s announcement by six federal agencies revealing a proposed rule that would enforce quality control standards governing the use of automated valuation models (AVMs), Vice President Kamala Harris weighed in. “Today, I am proud to announce that we are developing a rule that will require financial institutions to ensure that their valuation algorithms […]
Pretium Partners will acquire 4,000 DR Horton rental homes
real estate investment management firm Pretium Partners is acquiring thousands of homes from the home construction company DR Horton Inc. in a $1.5 billion deal, as Bloomberg informed earlier. The deals include a combination of completed homes and homes that are not yet finished, according to the outlet, which cited people familiar with the transaction […]
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Is Instagram a Good Place for Real Estate Agents to Market for More Listings?
A few weeks back, we promised to update you on the latest social media demographics. We started with Tiktok and today we have come to Instagram. The criteria we used when choosing the “best” social media options is simple: Those people in your target demographic should use the platform heavily. If it involves buyers and […]
7 Ideas for Jaw-Dropping Luxury Landscaping
A carefully crafted landscape not only enhances the appeal of luxury properties, but it also creates a serene and picturesque environment to relax and entertain guests. whether you have modern los angeles mansion or a Mediterranean style scottsdale homeLuxury landscaping has the power to create an outdoor oasis that exudes opulence and charm. From selecting […]
