Real Estate Broker/Agency News

The business case for accessory dwelling units

One of Mighty Buildings 3D-printed ADUs. Photo credit: Mighty Buildings Aging parents. College students returning to the fold. Millennials seeking affordable housing in high-priced markets. People with disabilities who can live on their own but need a little family support. All of these populations comprise the target market for accessory

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The housing boom juices Home Depot’s bottom line

Millions of Americans transitioned to remote work in 2020, reconfiguring homes to be makeshift classrooms and offices. One of the big beneficiaries of the new live/work/play setup has been home goods retailer Home Depot. A recent report from TradingPlatforms noted that Home Depot’s net sales increased by over $20 billion

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A transparent foreclosure marketplace reveals hidden equity

Over the past five years, more than $1.2 billion in potential home equity has been uncovered for distressed homeowners facing foreclosure. That $1.2 billion is the amount of surplus funds generated by foreclosure sales on the Auction.com platform between 2016 and 2020. Surplus funds are proceeds from a foreclosure sale

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JPMorgan Chase adds exec to correspondent team

JPMorgan Chase has appointed Bhavesh Patel to lead client management for the bank’s correspondent lending channel. As director of client management, Patel will focus on improving the client experience and driving future growth for the business, which is growing at a faster rate than the bank’s more traditional retail arm.

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As prices rise, Utah housing market less of a bargain

As movers flock to secondary cities in search of more land for less cash, the Utah housing market – land of ski slopes and mountain trails – has become a popular destination, especially for those leaving California. The town of Logan, which has 50,000 residents and sits about 90 minutes

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Looser mortgage credit may give first-time buyers a chance

Mortgage credit showed signs of loosening up in March, and with it, more availability for lower credit scores and high LTV products to enter the housing market, the Mortgage Bankers Association said in a report on Thursday. The group’s Mortgage Credit Availability Index rose .6% to 125.4 last month, a positive indicator

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How to negotiate your home purchase offer

When you’re trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. According to industry experts, there is more to a home offer than just the price you are willing to pay. Other aspects of an offer, they

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Mortgage Tech Demo Day: First American Docutech

Mortgage Tech Demo Day: DocMagic Total eClose™ with RON capabilities Total eClose™ is a single-source platform with everything you need for a 100% paperless eMortgage in a single, comprehensive, eClosing solution. Now, this single integration point includes DocMagic’s new Remote Online Notary technology, allowing eligible borrowers to electronically review, sign

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Mortgage Tech Demo Day: DocMagic

Total eClose™ with RON capabilities Total eClose™ is a single-source platform with everything you need for a 100% paperless eMortgage in a single, comprehensive, eClosing solution. Now, this single integration point includes DocMagic’s new Remote Online Notary technology, allowing eligible borrowers to electronically review, sign and notarize documents inside an

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