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Document Service Compliance: The Importance of Being Vigilant

One area that is too often neglected when it comes to the vendor due diligence process is the prospective partner’s document signing protocols. Companies that don’t take document compliance seriously face high risks. Firms must have a well-designed and compliant system in place to best service their clients.

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Rising Insurance Costs Negatively Impacting Home Affordability

Two primary reasons are cited as to why the industry is raising prices so rapidly. One, the frequency of large storms is increasing. Two, the cost of covering the insured damage from these storms is also rising. What is less well-known is the proverbial “rest of the story.” The rest of the story is how these rapid increases in insurance prices have hurt consumers and benefited the industry.

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The Week Ahead: What Will Happen in Construction?

Next week, the Construction Spending report by the U.S. Census will release indicating the amount of spending in the U.S. on all types of construction. Will numbers reflect the current housing shortage or give some relief to buyer’s stress?

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What’s Causing Unusual Buying Patterns?

Where declining home sales normally would be a positive for potential buyers going into the height of buying season, this summer, it’s a negative. See why buyers are being “sidelined” and what potential mortgage payments would be in the current climate.

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Home Prices Cool Off in the Summer

According to the Ten-X Nowcast, existing home sales might be cooling off. Last month, they predicted data later confirmed by NAR, but will they be right this round of predictions? See what they’re saying.

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Lopsided Conditions Making it Hard for Buyers

The National Association of Realtors reported in their Pending Home Sales Index that contract signings are continuing their now three month pattern. Repeat buyers have it tough and first-time homebuyers can’t catch a break.

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Moving? Better Hurry.

Seeing homes in your metro switch from “for sale” to “sold” rapidly? Chances are, you’re seeing the effects of the housing shortage. The latest research from Trulia revealed a significant correlation between the inventory shortage and how long homes are staying on the market, but depending on your metro and if you’re buyer is looking for a starter, trade-up, or premium home you could be experiencing more severe effects.

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