About 1,700 homeowners in Pahoa, Hawaii, have been forced to evacuate as the lava flow from a volcano inched closer to their properties. Most of the evacuations were centered in the Leilani Estates area on Hawaii’s Big Island.So far, 21 homes have been destroyed following the eruption of the Kilauea volcano, which reportedly has spewed lava more than 200 feet into the air. “That number could change,” Hawaii County spokesperson Janet Snyder
Where are the next urban powerhouses? Realtor.com® researchers are betting on a handful of smaller cities to become red-hot, following in the steps of Seattle; Nashville, Tenn.; and Austin, Texas. Those cities once were known as secondary markets but have soared to primary status in recent years. “We’ll see small cities continue to be growth centers,” says Chris Porter, chief demographer at John Burns Real Estate Consulting. “A lot of
A growing number of lending programs are helping homeowners pay the upfront costs of solar panels. One lender, Guild Mortgage, an independent lender, recently announced a program that allows home buyers to lump the costs of solar panels into an FHA loan. California residents will be the first to have access to the program. Guild Mortgage’s FHA Solar program follows Federal Housing Administration loan requirements and offers down payment o
The number of homeowners behind on their mortgage is slowing. At the end of the first quarter, more than 5.2 million properties were seriously underwater, which means the combined balance of the loans secured by the property was at least 25 percent higher than the property’s estimated market value. That marks the smallest year-over-year drop since ATTOM Data Solutions began tracking such data in the first quarter of 2013.Read more: Equity-Rich
If you want to sell a home for the most money, list it on a Wednesday. If you want to sell it in the fastest amount of time, list on a Thursday. These are the findings from a recent Redfin study, which analyzed a sample of 100,000 homes that sold in 2017.Redfin researchers found that homes listed on a Wednesday sold for an average of $2,023 more than homes listed on a Sunday—the worst day of the week to list. They also found that homes listed o
Benefit from resilience, fresh ideas, an attractive work environment and moreHello fellow real estate superstars. If you’re reading this, chances are you’re looking for additional ways or perspectives to grow your business.The practice of inclusion is a great one to consider.Let’s start by thinking about the differences between what it means to be diverse and what it means to be inclusive. Many people see them as synonymous, but they’re n
Tom Ferry reveals where to find listings todayWhere’s your next listing coming from?The certainty with which you can answer this question says a lot about the state of your business.If you can name several likely sources, that’s great.If you have absolutely no idea — Uh oh! It means you’re operating without a strategy.How certain are you?We advise our coaching members to use a variety of listing generation strategies. Those who run those
About MarkFinancial executive with broad experience in all aspects of loan origination, real estate, and consulting.Specialties: * Helping self employed entrepreneurs that have been turned down by the banks obtain mortgage financing. * Helping people • 1 DAY out of SHORT SALE, Bankruptcy and Foreclosure. *Hard to Fund Commercial Stated Income for Investors.Products Offered: Conventional, Jumbo, FHA, VA, USDA, HARP, Reverse, CalHFA, CHADAP, 2nd
It’s common advice for buyers to obtain a mortgage preapproval letter from a lender before going out with a real estate agent to look at homes. The rationale is that preapproval puts in writing the loan amount a buyer is qualified to receive, all but guaranteeing the price range the buyer can afford. Agents can then be reassured they are not wasting time on a client whose financing is likely to fall through.Well, that’s flawed thinking.A prea
Twitter is warning its 336 million users that it has discovered a glitch in the system that stores users’ passwords. The social media giant is urging users to change their passwords immediately, as well as to change their passwords on any other service where they may have used the same one to login.“We have fixed the bug, and our investigation shows no indication of breach or misuse by anyone,” Parag Agrawal, Twitter’s chief technology of
This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.
