Real estate is one of the most competitive industries, and agents are constantly looking for ways to stand out, whether it’s through an engaging social media strategy, catchy marketing or even having a fly wardrobe and fancy car to boot. When one agent couldn’t afford to upgrade from her 2000 Ford Explorer — featuring paint embedded with silly string and shoe polish — she made the truck’s character part of her brand. And it’s paying off.
Today, the Consumer Financial Protection Bureau hosted its latest webinar on the TILA-RESPA Integrated Disclosure process, which is better known as TRID. Since its implementation on October 3, 2015, TRID has caused many headaches for brokerages, agents, lenders and consumers alike as they navigate the new Loan Estimate and Closing Disclosure forms, and the three business day window for consumers to review those forms before moving ahead.
North America is still considered a region of international importance when it comes to company strategy. That’s one of the findings revealed when Cartus, a global relocation solutions company, released its 2015 Trends in Global Relocation Survey.
On April 4, the U.S. Department of Housing and Urban Development announced that $174 million will be made available through the National Housing Trust Fund. The fund will complement existing federal, state and local programs to provide low and very low-income households, including families who are homeless, with safe, affordable and sanitary housing.
Vacation home sales are down and investment purchases are more prevalent than they’ve been for the past five years, according to the National Association of Realtors 2016 Investment and Vacation Home Buyers survey.
On April 4, the Illinois Association of Realtors celebrated 100 years of service and industry leadership. To kick off the next century right, the association revealed its new name, Illinois Realtors, and announced the new executive vice president, Luke Bell, who will begin on June 1.
Home prices, including distressed sales, are up 1.1 percent month-over-month and 6.8 percent year-over-year, according to CoreLogic’s February U.S. Home Price Insights Report. This is the 48th consecutive month of year-over-year increases; however, the growth has dropped out of its former double-digit levels.
Real Matters, a Canadian real estate technology platform, has raised $100 million (Canadian dollars) in common equity financing, and the funds will be used to usher the company’s software and field agent management services into the U.S. A portion of the financing will be used to fund Real Matters’ subsidiary Solidify in its acquisition of U.S.-based Linear Title and Closing, Ltd.