Equity-Rich Portion of Mortgaged Homes Decreases While Seriously Underwater Level Rises; Overall Equity for Homeowners Also Ticks Downward Amid Decline in Home Values; But Nearly 95 Percent of Mortgaged Homeowners Still Have Equity Built Up ATTOM, a leading curator of land, property, and real...
Month: January 2024
Homebuyers on a $3,000 Monthly Budget Have Gained $40,000 in Purchasing Power Since Mortgage Rates Peaked Last Fall
Redfin reports buyers can afford a more expensive home now that mortgage rates have dropped to 6.7%, down from nearly 8% in October A homebuyer on a $3,000 monthly budget has gained nearly $40,000 in purchasing power since mortgage rates peaked this past fall, according to a new report from Redfin...

The Power of Compounding Wealth in Real Estate
Mark Bloom is the co-founder of NetWorth Realty, a large wholesaler and hard money lender in different states across the country. He is a seasoned real estate investor with over 20 years of experience in the industry, and he is on the show today to talk about the reality of being a real estate...

The Crucial Role of Processes in Business
Rudy Casanova is the co-founder and Chief Revenue Officer of Global Strategic Business Process Solutions, a company that provides back-office support for businesses across different sectors. He has been in business, helping entrepreneurs of all levels make their businesses more structured and...
Price Growth Starts the Year Strong But Harsh Weather Freezes Out Some Would-Be Homebuyers
Redfin agents in areas affected by inclement weather report slow homebuying activity, but agents in warmer locales say buyers and sellers are active as mortgage rates stay in the high-6% range, down from 8% a few months ago The median U.S. home-sale price rose 5.1% during the four weeks ending...
Association of Independent Mortgage Experts (AIME) Announces Jonathon Haddad as New CEO
Haddad Will Focus Association Efforts on Wholesale Channel Growth The Association of Independent Mortgage Experts (AIME), the leading membership organization representing the independent mortgage broker industry, announced the appointment of Jonathon Haddad as Chairman and Chief Executive Officer....
HOME-SELLING PROFITS DROP IN 2023 FOR FIRST TIME IN OVER A DECADE AMID MODEST PRICE GAINS
Profits on Home Sales Across U.S. Decrease for First Time Since 2011;Typical Seller Gains Remain Strong, But Decline from 60 Percent to 57 Percent;National Median Home Price Rises at Slowest Pace in 12 Years ATTOM, a leading curator of land, property and real estate data, released its Year-End...
Realtor.com® December Rental Report: Price Peak Behind Us as Rents Continue to Fall at Year’s End
In December, U.S. median rents dropped (-0.4%) for the eighth month in a row and across all-sized homes The U.S. rental market experienced a noticeable shift in momentum in 2023 and closed out the year with eight straight months of year-over-year price declines, according to the...
Nearly 80% Of Prospective Homebuyers Willing to Adjust Their Homebuying Plans
New data reveals property and financing options prospective homebuyers are willing to consider. From purchasing multi-family properties to co-owning with friends and family, prospective buyers are willing to get creative to become homeowners in the next 12 months, new data reveals. In a consumer...