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.
Read More »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.
Read More »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?
Read More »How Do Millennials Get into the Housing Market?
Millennials are spending more than any other generation on their vices. With dwindling inventory and rising home prices, how will they get their foot in the homeownership door?
Read More »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.
Read More »Top 5 Cities With Greatest Home Purchase Power
Recent data reveals homebuyers are paying more and getting less this season. Finding a great deal on a home could be a challenge, but some cities have a more attractive market than others.
Read More »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.
Read More »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.
Read More »Top 5 States with the Highest Home Appreciation Rate
These states are magnets for movers for a number of reasons. Read on to find the next great investment area, and how much it is expected to appreciate over the next year.
Read More »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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