Making the real estate industry more efficient

So the phrase for 2019 about the housing market is “regional rebalancing.” It’s not quite “STOP THE INSANITY!” but it’s a start. Foreclosure activity reaches its lowest point since 2005, falling 8% from the previous year, according to ATTOM Data Solutions. This year, same as the last. If that doesn’t describe our resolutions, nothing does. [...]

What we’re wondering is who are the 5% of homebuyers who don’t use a website to start their homebuying search (it’s only 1% of millennials). Anyway, the article’s an opinion piece about the importance of fintech. This might be more of a problem than rapidly rising home prices – higher mortgage payments. We think it’s [...]

Rent price increases have stabilized this year even as stronger growth was seen in metro areas with strong local economies. “I learned it by watching you!” Homeowner parents lead to homeowner children. Fannie announces action plan to help homeowners recovering natural disasters as California’s deadly wildfire tolls reach 63 and 630 people or more still [...]

Probably on a Tesla – our guess on what homeowners are using their home equity on. Alas, reality is less speedy. It’s Monday and too easy to focus on the gloom and doom so instead here’s a good stat – 44% of all homeowners have $100k of equity. Rate hikes and home price growth in [...]

Doing the mortgage-free dance in these cities. Freddie uses car metaphors to describe the economy. Vroom vroom. Money, money, and more money! Average homeowner gained over 16 grand in equity in a year. Manufactured housing might actually appreciate, instead of the commonly thought constant depreciation. Visualizing the aftermath: one company provides projections of Hurricane Florence’s [...]