Mortgage And Real Estate News

Friday, April 12, 2019

Fewer first-time home buyers likely to qualify for mortgages under tougher FHA standards

Some first-time and low- to middle-income home buyers will likely be edged out of the housing market under tougher standards recently adopted by the Federal Housing Administration, experts say.

Read more... https://www.usatoday.com/story/money/2019/03/25/home-loans-fewer-first-timers-get-mortgages-under-tough-standards/3271050002/

Sunday, March 10, 2019

Got Money Stress? Here Are the Best 5 Steps to Overcome It

So, you're stressed out about money.  You're not alone. I just read a study that confirmed the following:

1.  30% of Americans stress about money constantly

2.  85% of Americans stress about money sometimes

3.  43% of Americans label unexpected expenses as their biggest source of stress

4.  Only 39% of Americans have enough in savings to cover a $1,000 emergency

Read more... https://kevindohertyonline.com/money-stress/

Goodbye bidding wars: Homebuyers gain edge in this year's housing market

If you're hunting for a house this spring, say goodbye to frenzied bidding wars. And if you're selling, get ready for good, old-fashioned negotiations.

Read more... https://www.usatoday.com/story/money/2019/03/07/homes-sale-buyers-gain-edge-spring-house-buying-negotiations/3065260002/

Tuesday, February 26, 2019

Will Individual Agents Be The Real Winners In The IBuyer Game?

While iBuyer companies continue to make news, there's an interesting trend afoot that virtually no one seems to have noticed: Opendoor, Knock, Offerpad and Redfin might not be as formidable as the press makes them out to be. Could it be that the real winner in the iBuyer arena is the agent conducting an old-fashioned print marketing campaign?

Read more... https://www.inman.com/2019/02/25/will-individual-agents-be-the-real-winners-in-the-ibuyer-game/

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