Dirima / Shutterstock.com Motivate move-up buyers with home trade-ins

Motivate move-up buyers with home trade-ins

How can Realtors get sellers — and buyers — motivated? In Ohio, homebuilder Trinity Homes is turning to a page from the automotive industry to move inventory: home trade-ins. Columbus-based Trinity Homes, the largest homebuilder in central Ohio, ...
By Octavio Nuiry | Friday, February 27, 2015
wavebreakmedia/Shutterstock Balance liquidation programs are 'godsend' for distressed borrowers

Balance liquidation programs are 'godsend' for distressed borrowers

When people face serious financial problems, getting out of a credit mess may ultimately involve going bankrupt or losing their home, but if you’re carrying high credit balances or your credit cards are maxed out, you can turn the tide ......
By Bernice Ross | Monday, February 23, 2015
Monkey-Business-Images/Shutterstock FHA launches historic homebuyer 'care package' for 2015

FHA launches historic homebuyer 'care package' for 2015

After several years of lackluster participation in the housing market, first-time homebuyers are getting a boost from the Federal Housing Administration (FHA) this year. On Jan. 8, in a move expected to bolster homeownership, President Obama and the ...
By Ray Brousseau | Thursday, February 19, 2015
bodrumsurf/Shutterstock Big opportunity real estate agents are missing post-closing

Big opportunity real estate agents are missing post-closing

Ever since the Consumer Financial Protection Bureau released its findings that almost half of homebuyers don't shop around for the best rate on their mortgage, I've been trying to make sense of this revelation. It's not that it's shocking — the fac...
By Jonathan Aizen | Wednesday, February 18, 2015
MikeMozart/Flickr Bank of America unveils down payment assistance search tool

Bank of America unveils down payment assistance search tool

Bank of America has partnered with Down Payment Resource to provide a tool that helps its loan officers and homebuyers identify down payment assistance programs borrowers might qualify for. A recent study by data aggregator RealtyTrac and Down Payme...
By Teke Wiggin | Wednesday, February 18, 2015
Kzenon/Shutterstock Why homebuyers should get prequalified with multiple lenders

Why homebuyers should get prequalified with multiple lenders

It seems like the buyers who call me every day understand more and more that they need to get pre-qualified for a mortgage prior to getting started with the homebuying process. Most also understand that shopping for the most competitive rates and fee...
By Hank Bailey | Friday, February 13, 2015
Leader-MikeSlavin Michael Slavin: 'The real power is to determine how money is spent'

Michael Slavin: 'The real power is to determine how money is spent'

"I will say this," notes the Privlo CEO, "money and power are not mutually exclusive. What motivates me is to work hard, so in the event of amassing money I can decide how to allocate it." ......
By Inman | Friday, February 13, 2015
PEPPERSMINT/Shutterfly 3 things VA homebuyers need from real estate agents

3 things VA homebuyers need from real estate agents

More veterans are taking advantage of their Department of Veterans Affairs (VA) loan benefit than ever before. If you're looking to expand your business into this niche market, here are three things VA homebuyers need from you ......
By Samantha Reeves | Wednesday, February 11, 2015
Syda-Productions/Shutterstock Mortgage giant Citi steps up marketing on Zillow, StreetEasy

Mortgage giant Citi steps up marketing on Zillow, StreetEasy

Citi, one of the nation’s largest mortgage lenders, has signed a marketing deal with Zillow in an effort to reach prospective borrowers on the highly trafficked real estate portal. The deal will boost Citi’s presence on Zillow; Zillow Mo...
By Andrea V. Brambila | Tuesday, February 10, 2015
Bikeriderlondon_145281721 11 mortgage FAQs from returning buyers (and how to answer them)

11 mortgage FAQs from returning buyers (and how to answer them)

Knowing the answers to buyer questions and concerns that emerge is essential to conveying our experience and knowledge of the process. Here are how you should manage a few of the questions that seem to come up from buyers who have been through the pr...
By Hank Bailey | Monday, February 2, 2015
Kzenon_59141320 Real estate is missing an opportunity to reach qualified buyers

Real estate is missing an opportunity to reach qualified buyers

Research data throughout 2014 proved beyond doubt that millions more millennials and boomerang buyers could afford a home than they themselves believed. Our industry is not making the most of this grand opportunity. ......
By Rob Chrane | Monday, February 2, 2015
focal-point/Shutterstock Don't let down payment obstacles deter millennial buyers

Don't let down payment obstacles deter millennial buyers

Ah, the elusive millennial homebuyer. Our industry has spent most of 2014 analyzing why this demographic hasn’t bought a home (Student debt? Unemployment? They want to rent?) and even more time researching millennial goals and beliefs to foreca...
By Rob Chrane | Tuesday, January 27, 2015
IS-GoFigure4 Go figure: rabid football fans, commission competition, home averages across the pond and more

Go figure: rabid football fans, commission competition, home averages across the pond and more

Which markets contain the most devoted football fans? Which markets are best for STEM professionals? Who takes commission cuts (and why) ......
By Inman | Tuesday, January 27, 2015
sindeo_hero Mortgage marketplace looking to partner with real estate pros

Mortgage marketplace looking to partner with real estate pros

Sindeo, a mortgage marketplace that arms consumers with insights into costs and fees to help them plan, qualify and shop for a mortgage with multiple lenders, has hired Trulia’s Ginger Wilcox as chief industry officer as the company prepares to...
By Inman | Monday, January 26, 2015
Tungphoto_206611600 US mortgages are the Gazinta!

US mortgages are the Gazinta!

A wild story still unfolding, most of it overseas. The result here at home: mortgage rates near 3.75 percent and the lows of the year — and the tilt in chart-pattern witch-doctoring to lower yet. Rates will rise only on ......
By Lou Barnes | Friday, January 23, 2015
5 economists 5 economists forecast the 2015 housing market

5 economists forecast the 2015 housing market

Five prominent economists forecast what 2015 will bring for the U.S. housing market after a 2014 that was a bit of a reality check in the housing recovery ......
By Daren Blomquist | Thursday, January 22, 2015
IS-GoFigure4 Go figure: winter getaways, real estate coaches and counting the cost of homeownership

Go figure: winter getaways, real estate coaches and counting the cost of homeownership

What incentives were offered to attract buyers, and how frequnetly? Where should you spend your winters? What does a real estate coach typically cover in a session ......
By Inman | Tuesday, January 20, 2015
Kunal Mehta_206927164 Which home loans are best for new buyers?

Which home loans are best for new buyers?

Renting can be a solid choice while you're saving for a down payment, but homeownership is still a better deal. So what loans are available that might assist buyers who require a low down payment so that they can become new homeowners in ......
By Hank Bailey | Monday, January 19, 2015