6 Ways to Recession-Proof Your Life and Money
Odds are there’s a recession on the way. Don’t panic. Do this instead.
Odds are there’s a recession on the way. Don’t panic. Do this instead.
There are signs that the housing market is slowing down, but despite what you may see in the headlines, that doesnât mean thereâs an impending crash. On todayâs State of the Market with The Real Dealzâ Elliot Smith, we analyze articles and statistics to decipher whatâs really happening in real estate. Plus, we discuss the unique opportunities agents have right now along with strategies for winning new clients. Donât miss it!
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Homebuyers need more than falling mortgage rates to jump back into the market ABC News
In early November, Zillow unexpectedly pulled the plug on its iBuyer business. What happened? On todayâs podcast with Kimberlee Meserve, we explore several possible reasons behind Zillow Offers shutting down. Is Zillow predicting a housing market crash, or was their aggressive home-buying strategy simply unsustainable? Find out on todayâs State of the Market! We also cover Boston’s unique housing market, what other iBuyers are doing right now, and more.
Visit hibandigital.com/toolbox
Claim Real Estate Discounts, Free Trials, and More
Visit hibandigital.com/resources
Sponsors
Rebus University – Get Over $10,000 in Real Estate Training for as Little as $97
Visit futureofrealestatetraining.com
PadHawk – Find Your Market’s Best Leads for FREE with a 7-Day Trial
Visit padhawk.com
Roddy’s FLS – Discover Unbeatable Real Estate Deals with a FREE Foreclosure List
Visit 4closure.info
The Federal Housing Finance Agency has released milestone dates for a process that would update consumer credit measures used in mortgage underwriting, make the use of various sources more competitive and potentially extend lending to more borrowers. The process, which is set to start next year, will be inclusive of mortgage companies and others affected … [Read more…]
If national housing inventory were back to normal, we would have 2 to 2.5 million active listings of direct competition for homebuilders.
Most distressed mortgages emerged from workouts intact in February but the chargeoff rates for auto loans and credit cards are up, in part due to steep housing costs that have contributed to high levels of household leverage. The majority or 76% of borrowers who completed post-forbearance workouts on distressed homes loans from 2020 on were … [Read more…]
To understand why we had such a beat in sales, you only need to go back to Nov. 9, when mortgage rates started to fall from 7.37% to 5.99%.