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Foreign-Born Households Less Likely to Own Homes, More Likely to Be Cost-Burdened

USA Real Estate News-RISMedia - Fri, 2022-05-27 04:04

In a new study by LendingTree, researchers analyzed home occupancy and homeownership data of immigrant and foreign-born communities across the nation’s 50-most-populous metro areas.

Specifically, the data looked at which places have the highest share of homes owned and occupied by those born outside of the country, the study showed.

Key findings

Mortgage Application Payments Jumped 8.8% to $1,889 in April

USA Real Estate News-RISMedia - Fri, 2022-05-27 04:03

Homebuyer affordability decreased in April, with the national median payment applied for by applicants rising 8.8% to $1,889 from $1,736 in March. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time—relative to income—using data from MBA’s Weekly Applications Survey (WAS).

Coldwell Banker Announces New VP of PR and Corporate Communications

USA Real Estate News-RISMedia - Fri, 2022-05-27 04:02

Coldwell Banker Real Estate has announced that Roni Boyles has been appointed vice president of public relations and corporate communications. In her new role, Boyles will oversee a multi-talented in-house team of PR and communication professionals as well as agency partners as they work to further the brand’s goals and support Coldwell Banker’s network of over 100,000 affiliated agents, the company stated.

CENTURY 21 Announces New Affiliate in New York State

USA Real Estate News-RISMedia - Fri, 2022-05-27 04:01

Century 21 Real Estate has announced a new affiliate, CENTURY 21 One Realty, in the central and upstate New York region.

The 25-agent office will be led by David Paciello and operates from three local offices.

Guaranteed Rate Signs Multi-Year Agreement with Fiesta Bowl

USA Real Estate News-RISMedia - Fri, 2022-05-27 04:00

Guaranteed Rate has announced that it has extended its role in a multi-year agreement with the Fiesta Bowl Organization to continue the Guaranteed Rate Bowl for the next four years. In the inaugural matchup in Phoenix on Dec. 28, 2021, the Big Ten’s Minnesota Golden Gophers defeated the Big 12’s West Virginia Mountaineers, 18 – 6, a release stated.

Time to get creative: 3 strategies for finding buyers homes

USA Real Estate News-Inman - Fri, 2022-05-27 03:53
Buying a home is hard, but it's not impossible. As a knowledgeable expert with a fiduciary duty to your clients, it's your role to help buyers weigh and evaluate their options.

Celebrate your agents! Enhance recognition by looking beyond the transaction

USA Real Estate News-Inman - Fri, 2022-05-27 03:20
Rather than focusing on output, as measured by transactions completed, focus on what your agents have put into their businesses and the communities they serve. Celebrate your agents for their contributions to local charities and organizations.

6 tips for giving out-of-town buyers next-level service

USA Real Estate News-Inman - Fri, 2022-05-27 03:11
If you're helping buyers look for homes from a distance, with only a short trip to make their final decision in person, here's how to create systems and processes to make working with out-of-town buyers more effective, efficient and rewarding.

Inspectify wants to normalize consistency in home inspections: Tech Review

USA Real Estate News-Inman - Fri, 2022-05-27 03:00
In the same way LegalZoom took away the intimidation of speaking with an attorney, Inspectify's fast ordering and clear, categorized reporting takes the pain out of finding out your buyer's house needs work after closing.
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