5 PropTech Predictions for the Rest of 2019
With just 4 months into 2019, PropTech’s impact on how real estate is used, bought, developed, managed and invested is exploding. Here are 5 predictions of what will be most popular in the PropTech industry for the rest of 2019. 1. Disruption Will Give Way to Innovation The real estate market remains keen on more […]
Why Is The Gap Between Owner and Appraiser Home Value Opinions Widening?
Homeowners Overestimate Home Value Growth The average American homeowner thinks their home is appreciating faster than appraisers do. Appraisal values in January were an average of 0.47 percent lower than what homeowners estimated, according the national Quicken Loans Home Price Perception Index (HPPI). January was the third consecutive month in which the gap between these […]
Is it a race against the clock? A mortgage cash-out refinancing spree is here
Some 2.43 million homeowners can reduce their mortgage interest rate by refinancing, according to a recent mortgage report by Black Knight, a mortgage data and analytics company. One such way to do this is through cash-out refinancing , an increasingly popular way for homeowners to draw equity from their homes while lowering their interest rate. Refi applications […]
Cash-out mortgage refinancing: Here’s where homeowners are using it most
The Growth of Cash-out mortgage Refinancing in Recent Years Homeowners who snagged a low-interest rate mortgage in recent years have a big incentive to avoid refinancing the loan because interest rates are higher now. When they need a large amount of cash, though, some homeowners are turning to Cash-out mortgage refinancing — even if it […]
Are lenders more likely to say yes in 2019 to refinancing applications?
It’s easier to qualify to refinance If you tried and failed to refinance in the past, 2019 might be your year to qualify to refinance. Lenders are allowing higher debt-to-income ratios. Average credit scores for approved loans are falling. Down payments/equity are lower. All of these things are good if you plan to buy a […]
Marketing Ideas for Real Estate Agents
For any business to experience success, marketing of goods or services plays an essential role. Marketing will help a business to be identified by prospective clients. Effective marketing often results in increased sales. The Importance of Online Marketing for Real Estate Real estate agents have to come up with excellent ways of marketing their real […]
Hot Real Estate Trends | You Should Follow To Become Successfull
Like any other global market, real estate is a market that has experienced many ups and downs in the last decade. From the 2008 downfall to 2015’s booming prices, no one can predict with 100% accuracy what 2016 will be like. Real Estate Trends to Watch for Success However, like in any other market, real […]
Real Estate Cold Calling: Does It Still Work?
Cold Calling Statistics: What You Need to Know Let’s face it: nobody likes getting cold-called. The real estate industry has attracted more than a bit of flak for its use of this sales tactic over the years—much of it deserved—but real estate agents are used to living in the real world. The question isn’t whether […]
Selling Homes to Millennials
Understanding to Millennials as Homebuyers Millennials are the new up and coming generation of homebuyers. Many millennials have the desire to stabilize and are looking to buy their first homes in order to settle down. In the past, home sellers steered clear of this group because they seemed like a hard sell, but current indicators […]
Should You Invest in a Real Estate Call Center?
As the real estate call center business continues to boom due to demand and population growth, the biggest challenge faced by most business owners is how to manage their existing and potential customers, and at the same time keep up with the latest market innovations. The key to unlocking your potential and improving customer relations […]