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There’s a lot to be thankful for in the world, no doubt — and while you’re counting your blessings today, perhaps you’ll include two organizations that are helping real estate agents promote social good and elevate their communities.
After working for more than three years to make the mortgage process simpler and more accessible for potential homebuyers, Quicken Loans has taken the wraps off a new online mortgage application. The Detroit-based lender’s new Rocket Mortgage — so named because receiving a loan approval takes about eight minutes, or roughly the length of time it takes a space shuttle to reach orbit — is designed to meet the needs a specific group of potential buyers, said product lead Regis Hadiaris.
Young people and retirees are both going to be flocking to apartment buildings in the next few years as they respectively leave the family nest or sell up family homes in the suburbs, according to leading real estate economist Ken Rosen this week. As chairman of University of California at Berkeley’s Fisher Center for Real Estate & Urban Economics and Professor Emeritus at the Haas School of Business, Rosen gave his economic outlook for real estate at this week’s 38th Annual Real Estate & Economics Symposium held in San Francisco.