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Washington: Strict Lending Standards Not Budging

Washington: Strict Lending Standards Not Budging

After the housing crash, measures were erected to prevent a similar collapse from occurring. Unfortunately, these actions include barriers to financing that are negatively impacting first-time homeowners today. Young people with steady incomes are not being approved for the loans they need to purchase their first homes, largely because of overly cautious measures designed to… Read more »

Home Equity a Cause for Concern?

Home Equity a Cause for Concern?

For the first time since 2012, delinquencies on HELOCs, or home equity lines of credit, are trending upwards. Data collected showed an annual increase twice, measuring from this past March. Because of this trend, Black Knight Financial Services gathered more information to make a more detailed analysis. HELOC Data From 2015 and 2016 In the… Read more »

CFPB Considers Crackdown on Arbitration Clauses: What You Should Know

CFPB Considers Crackdown on Arbitration Clauses: What You Should Know

A proposed Consumer Financial Protection Bureau (CFPB) ruling that would give consumers greater power to sue banks, credit companies, and other financial organizations has drawn heavy criticism from the lending sector. The ruling, projected to go into effect early next year after approval and comments, would bar financial organizations from including clauses that block signing… Read more »

Online Reviews: 3 Reasons Real Estate Agents Need to Stop Making Excuses and Take Control

Online Reviews: 3 Reasons Real Estate Agents Need to Stop Making Excuses and Take Control

Earning a steady stream of positive online reviews is an effective way to build a successful brand as a real estate professional. Despite countless reports detailing the importance of developing and maintaining a strong online reputation, far too many agents still have yet to embrace the necessity of managing reviews. Today’s real estate professionals are… Read more »

A Divide that Defines Real Estate Prices in America’s Cities

A Divide that Defines Real Estate Prices in America’s Cities

There is a growing divide between the American cities that are growing and remaining affordable and those that are unable to grow and, thus, are becoming increasingly expensive. On the whole, U.S. metropolitan areas are growing rapidly, a trend that has remained constant over the past 60 years. According to research conducted by BuildZoom, from… Read more »