Author Archives: Lew Sichelman

Two-thirds of millennial homeowners suffer from buyer’s remorse

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A recent survey revealed that many millennial homeowners regret their decision to purchase after the dust has cleared and they have settled into their new digs. Luckily, agents can help. Continue reading →

The serious housing issues baby boomers are facing

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The largest share of baby boomers are a decade away from moving past age 65 and into their very senior years. Nevertheless, time in running out to prepare for their housing, financial, social and medical needs, according to a new report from the Harvar… Continue reading →

What’s the No. 1 thing today’s borrowers want? Faster response times

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The latest J.D. Power study of borrower satisfaction revealed that loan officer response times are what make or break the experience, and this has pushed many consumers to go digital. Continue reading →

What lenders are doing to fend off disruption

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It’s no surprise that real estate professionals are worried that so-called disruptors, like Zillow and Opendoor, will eventually eat their lunches. But has anyone considered that lenders are just as worried about the same thing? Continue reading →

What your buyers should know about manufactured housing

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There’s no question that manufactured housing is perhaps the least expensive alternative for people who want a home of their own. But are financing companies withholding less expensive finance options from manufactured-homebuyers? Here’s what we know. Continue reading →

Why the housing market will stay strong through 2021

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Against a background of “phenomenal demographics” and an end of rising mortgage rates, the Mortgage Banking Association expects the housing market to remain strong for “at least the next five years” — and maybe even longer. Continue reading →

Disaster victims can now find a safe haven in low-income housing

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Housing units normally set aside for low-income residents can now be used to house persons displaced by Hurricanes Florence and Michael and other disasters without regard to their incomes. Continue reading →