When I saw the headline in Forbes “Here’s Why Old Homes Suddenly Cost More Than New Ones,” I instantly thought I knew why. I love old homes; finally everyone agrees with me! The general public must now see the beauty of dated yet charming floor plans and the unique...
…a state that’s home to one of the world’s most expensive cities, shockingly. Zombie foreclosures usually occur in areas with extremely low property values, so it’s extra surprising when they occur in pricey zip codes. That’s why...
Lie to yourself with me! Join me in pretending that we’re going to be smart and read our homeowners or renters insurance policies. Sometime soon, we’re probably going to curl up on the couch with a glass of wine and go through all 200 pages of our insurance coverages...
The luxury real estate market is like a funhouse mirror reflection of the general real estate economy. For example, it’s not affected by mortgage rates to the same extent as the general real estate market, since so many buyers pay cash. In fact, in last...
Don’t be fooled by multiple CE deadlines for MLOs. No matter what the NMLS’s national rules are, in certain states you must submit your CE based on earlier dates that are different from the NMLS’ deadlines. If you thought a deadline was a single...
Last week, it looked like a home-buying stampede had finally been unleashed as borrowers rushed to take out loans after the recent drop in mortgage rates. Or so it seemed, since home loan applications reached their highest level since January. However, this is not...