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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

He advised Black agents to maintain an objective approach when working with clients. Kalin also recommended that agents help their clients consider the time and cost of rebuilding , homeowners insurance proceeds, temporary housing expenses, and the benefits of selling for cash value versus rebuilding.

Realtors 360
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Real estate investors have a ‘cautiously optimistic’ outlook: survey

Housing Wire

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. That’s the conclusion from a survey of 235 single-family landlords in late June and early July. S&P Global found that U.S.

Investors 459
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Winners and losers of this volatile housing market

Housing Wire

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. One of Dicker’s clients this past weekend backed out of a $295,000 houmese purchase in Michigan this past weekend. Landlords hold the cards. And he’s far from alone.

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FHA does a solid for mortgage credit rejects. Will it move the needle for loan officers?

Housing Wire

The client had just started a new job, and that can be tricky. Because Gastelum’s client started a new job within 30 days, an underwriter at Nova decided that there was no interruption to his income and approved the loan. All FHA mortgage lenders use a system by the U.S.

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Top LO Ben Cohen thinks first time buyers will return to the housing market this year

Housing Wire

Training LOs and getting on sales calls with real estate agents, insurance agents and wealth managers are what Cohen is prioritizing to drum up sales in a market where he expects rates to be in the 5% levels. Their landlords are calling them saying I’m jacking your $2,500 rent up to $3,000. Rents are more expensive.

Buyers 418
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LA rental market gets even more competitive after wildfires

Housing Wire

Spencer Kallick , a land use and real estate partner with Allen Matkins , says that he knows over 300 people in his direct sphere friends, colleagues, and clients who have faced displacement and pricing issues as a result of the fires. There absolutely was price gouging going on because nobody knew what the rules were, Kallick explained.

Marketing 231
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The Benefits of Executing a 1031 Exchange: How You and Your Clients Can Make More Money

McKissock

If you’re a real estate agent who caters to investor clients, you absolutely want to know the basics of executing a 1031 exchange. For one, if your clients go that route, they stand to save—and make—a good bit of money. Be able to walk your clients through the process, starting by sharing the following benefits with them.

Clients 95