Tag Archives: “jeff sorg”

Rents Expected to Flatten in 2016

Hot markets are still going to be hot in 2016, but rents won’t rise as quickly as they have been By Jeff Sorg, OnlineEd Blog (January 25, 2016) – Zillow® is predicting that rent appreciation will level off in 2016, slowing to an annual rate of just 1.1 percent by December 2016.  The national Zillow Rent Index at […]

Homes Appreciate More Rapidly When Close to a Trader Joe’s or Whole Foods

Grocery stores and home values are definitely related By Jeff Sorg, OnlineEd Blog (January 25, 2016) – According to Zillow your local grocery market has a lot to do with what happens in your local housing market. Specifically, Zillow found that homes grow more rapidly in value if they are closer to a Trader Joe’s or […]

Mortgage Applications Increased 21.3 %

Mortgage applications increase in latest weekly survey By Jeff Sorg, OnlineEd Blog (January 14, 2016) –  According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey, mortgage applications increased 21.3 percent for the week ending January 8, 2016 when compared to one week earlier. The Market Composite Index, a measure of mortgage loan application volume, increased […]

Financial Crimes Enforcement Network Orders Title Companies to Identify Cash Buyers

Geographic targeting orders take aim at real estate secrecy in Manhattan and Miami By Jeff Sorg, OnlineEd Blog (January 14, 2016) – The Financial Crimes Enforcement Network (FinCEN) has issued Geographic Targeting Orders (GTO) to require certain title insurance companies to identify the natural persons behind companies used to pay all cash for high-end residential real estate in the […]

Zillow Predicts Hottest Housing Markets for 2016

Topping the list is Denver, followed by Seattle and Dallas-Fort Worth, all of which are major tech towns; Portland, Ore. lands at number 10 By Jeff Sorg, OnlineEd Blog (January 12, 2016) –  It’s a new year and everyone is making their predictions about housing. And Zillow® is no different. On Tuesday Zillow announced its predictions […]

Why Real Estate Brokers Use Contingencies in the Real Estate Sale Agreement

A seller who accepts an offer with contingencies should help the buyer remove them as soon as possible By Jeff Sorg, OnlineEd Blog (January 11, 2016) – When properly used, a contingency excuses a party to the contract from the obligation to complete the contract without causing a breach of the contract. Usually, a contingency provision is […]

Oregon’s Senate Bill 879 – Exemptions from Mortgage Loan Originator (MLO) License Requirement

Oregon bill exempts certain individuals from the requirement to hold a mortgage loan originator’s license By Jeff Sorg, OnlineEd Blog (December 24, 2015) – Senate Bill 879 exempts an individual from the requirement to hold a mortgage loan originator’s license who sells, offers, or negotiates terms of up to three residential mortgage loans secured by dwelling unit owned […]

The Top 10 Things Real Estate Agents Need to Know About TRID/Know Before You Owe

Real Estate Agents need to review and become familiar with the Closing Disclosure in order to answer buyer and seller questions By Jeff Sorg, OnlineEd Blog (December 23, 2015) – Every real estate agent should get familiar with the TILA-RESPA integrated disclosure forms. These new Loan Estimate and Closing Disclosure forms are required for most mortgage loan applications. While […]

America’s Seniors Holding $5.76 Trillion In Home Equity

Great news for seniors who are considering tapping their housing wealth to support their retirement planning By Jeff Sorg, OnlineEd Blog (December 23, 2015) – The National Reverse Mortgage Lenders Association reports today that an estimated $147 billion increase in the aggregate value of homes owned by seniors drove their share of home equity to $5.76 trillion and […]

Building a Web Presence and Oregon’s Rules for Internet Advertising for Real Estate Brokers and Property Managers

 Oregon requires marketing via electronic media, such as Internet, web pages, email, blogs, and bulletin boards, to include specific content not required for other types of advertising By Jeff Sorg, OnlineEd Blog (December 17, 2015) –  The Oregon Real Estate Agency requires marketing via electronic media (e.g. Internet, web pages, email, blogs, etc.) to include specific content not […]