Mortgage Rates Edge Higher This Week, Hit 5.81%
Last week, the rate increase hit a 35-year high, but this week’s 5.81% is only marginally higher than last week’s average 5.78%.
You Need to Tell Vets About VA Loans
Many current and previous armed forces members know little about VA loan benefits: 17% think they need 20% down; half think it’s a once-in-your-lifetime offer.
Affordability Crisis: NAR Explains It to Lawmakers
Homeownership builds generational wealth, and NAR laid out potential long-term consequences if lower- and middle-class buyers no longer qualify.
Praise for Condo Inspection Laws, Fear of Timelines
In two-and-a-half years, Fla. condos should complete inspections. It’s a quick turnaround for a state with 30,000 condo associations, most older than 30 years.
Judge OKs $1B+ Deal in Fla. Condo Collapse
A judge gave final approval for the Surfside-condo collapse settlement a day before its June 24 anniversary. Families who lost loved ones will collect the most money.
Communicate Your Unique Service Proposition
How are you different? Why should I work with you rather than any of those 10 other agents? Before a first meeting, give clients an idea of what they should expect.
1Q Home Flipping: Numbers Up, Profits Down
Home flips vary by metro, but they’ve grown as a percentage of sales (9.6%) for five straight quarters – but profit margins dipped to their lowest point since 2009.