Real Estate

ARTICLES

Lending to Hispanics – a whole new ballgame

Speakers at NAHREP conference explain the knowledge gaps
When it comes to lending to Hispanics – non-Hispanic lenders are out of their league as they struggle to serve a community they don’t understand. From dealing with a credit-invisible population to navigating the diverse family demographics, Hispanics don’t fit the usual mold for mortgage lending.
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Case-Shiller reaction: What to make of record high home prices

Zillow, Quicken Loans, First American and others weigh in
The latest S&P CoreLogic Case-Shiller Indices showed that home prices hit a 31-month high in January, but will those record prices be a speed bump or a brick wall for home buying moving forward? Opinions appear to be a bit mixed in that regard, with some analysts viewing January’s data as a significant drawback for certain segments of the home-buying market, while others say the rising prices aren’t a concern, yet.
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Meet today's driving force behind homeownership rates: Hispanics

This demographic accounts for 75% of recent homeownership growth
Industry professionals gathered to talk about the state of Hispanic homeownership in the U.S. at the National Association of Hispanic Real Estate Professionals’ 2017 policy conference. As it turns out, Hispanics are currently the driving force in today’s homeownership rate.
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Case-Shiller: Home prices keep rising, hit 31-month high

January was fifth straight month of record high home prices
Home prices continued to rise in January, reaching a record-high for the fifth month in a row, according to the new S&P CoreLogic Case-Shiller Indices, a measure of U.S. home prices. January's increase places the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index at a 31-month high.
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ATTOM launches new housing marketing product

Identifies properties that will sell quickly
ATTOM Data Solutions today announced a new marketing product that will identify properties with a high likelihood of selling within 30 days. The database performed several tests on its new product to see how indicative the leads were of closed sales transactions. Here’s what the studies found.
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Airbnb user fined $1,000 for listing in Trump Tower

New York begins crackdown on Airbnb listings
One Airbnb user received a fine of $1,000 for advertising a listing in Trump Tower. New York City began cracking down on Airbnb listings in February as a result of a new law that makes advertising the listings illegal, as well as renting them out.
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NAHB: White House asked for our help to get Gorsuch on Supreme Court

Builders' group says will help work to avoid Democrat filibuster
With the threat of Democratic filibuster looming in the Senate, the White House is apparently turning to homebuilders for help with getting Neil Gorsuch confirmed as the country’s next Supreme Court justice. And according a post from the National Association of Homebuilders, the group will answer the White House’s call.
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Trulia: Housing inventory tumbles to all-new low

Marks eighth consecutive quarterly decrease
Housing inventory decreased in the first quarter of 2017, hitting an all-new low. But while inventory for starter and trade-up homes is shrinking, premium home inventory is increasing. Trulia explains the reasons for the dwindling inventory, and the new threat rising home prices impose.
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Placester continues growth with $50 million capital raise

Funding round doubles previous investment in company
Over the last few years, Placester, a Boston-based real estate marketing platform, experienced rapid growth, raising $50 million in three rounds of funding and acquiring RealSatisfied, an Australian company that provides a suite of customer satisfaction tools that provide big data insights to brokers, agents and brands. Now, Placester is growing again.
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