Recession Lesson Learned: Fewer Refi Cash-Out Deals
In the Great Recession, home prices skyrocketed, owners took out equity in a refinance, home prices fell and foreclosures mounted. But today, cash-out refis are at a 7-year low.
Commercial RE Crowdfunding Navigates the Pandemic
The pandemic forced people to get more comfortable buying and selling real estate online, and web-based crowdfunding platforms were already a way to do that.
Agents Partner with Social Influencers to Market Homes
Some agents start a blog and hope readers will find it, but others go to pre-built audiences – notably younger ones – by using popular social media “influencers.”
Study Asks, ‘Where are Fla.’s New Renters Coming From?’
In Fla., 34.6% of Miami seekers are looking in Orlando; in Orlando, 20.9% are looking to Miami. Apartment List’s report also found higher demand for short-term leases.
‘If I Wait, Home Prices Will Come Down’ – but Will They?
Market predictions are difficult, and 2021 has wild cards. Will the pandemic end? Will a host of sellers list their home if they think it’s safe again? Still, prices and interest rates will probably keep rising next year, and most experts say it’s smart to buy sooner rather than later.
Nationstar Mortgage Returning $86M to Homeowners
Some 5,703 Fla. borrowers could get more than $7.8M, says AG Ashley Moody, who was part of a multistate action against Nationstar, which is also known as Mr. Cooper.