The Key to Reducing Post-Refi Boom Borrower Churn

In this webinar, PRMG Chief Lending Officer Kevin Peranio will help attendees sort through the right technologies as he shares the tech investments that have had the biggest impact on his business.

Tracey Velt breaks down the latest RealTrends 500 rankings

During the episode, Velt highlights which brokerages achieved top rankings in both categories for 2020, and shares what stood out to her the most about the rankings.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

About 7M refi candidates missed the “forever rate” boat

Rates jumped to 3.17% last week and Black Knight reported that there are now just 11.1 million “high quality” refi candidates. The smallest number of potential refi candidates in a year.

InvestmentsMortgagePolitics & MoneyReal Estate

Is San Francisco’s housing market about to get even crazier?

Pending wave of tech IPOs could send house prices into stratosphere

This year, a number of major Silicon Valley tech companies are set to go public, and it could have a serious impact on house prices in San Francisco.

Uber, Lyft, Slack, Postmates, Pinterest and Airbnb are all planning to launch IPOs in 2019, according to a recent article in The New York Times, and this will likely spur a crop of freshly minted millionaires looking to drop some serious dough to upgrade their nests.

According to the NYT, one agent who specializes in data analytics at Compass said the effect could send house prices in San Fran into the stratosphere as competition among buyers heats up.

Forget about the one-bedroom condo for less than $1 million of the single-family house for $1-3 million, he said, asserting that a lack of inventory could mean that in five years, the average sale price for a single-family home in San Francisco could climb to $5 million, and that buyers will be bringing all-cash offers to the table.

“Now, seemingly the whole city – and not just the financial planners and the real estate agents and the protesters who block tech buses – is scrambling to prepare,” the Times wrote.

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William Raveis ain’t no stinkin’ iBuyer

Like others, resi brokerage & lender William Raveis is happy to buy your home. But its new program doesn’t mean it’s an iBuyer.

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3d rendering of a row of luxury townhouses along a street

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