Struggling to sell, desperate property owner slashes price to $1

The elderly homeowner sold the Georgia property to county commissioners in Ohio to access Medicaid in 2004, leaving the county to deal with the undesirable house. Continue reading

President Trump’s tax cuts cost homeowners $1 trillion: Report

Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth. Continue reading

Notarize partners with mortgage lender Guaranteed Rate

The partnership has already facilitated 10,000 closings since it began over the summer and furthers Notarize’s goal of making all-digital closings widely available. Continue reading

Medical and student debt is killing homeownership dreams: Zillow

Zillow’s fourth annual consumer survey analyzes how medical and student debt is causing consumers to delay buying a home. Continue reading

Appraisal requirements axed on sales of $400K and under: Fed

Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed. Continue reading

NAR calls for improvements to the qualified mortgage rule

The National Association of Realtors is calling on the Consumer Finance Protection Bureau to improve the qualified mortgage definition and government-sponsored entity patch, as well as support an extension before figuring out the long term solution. Continue reading

4 reasons your buyer clients need to purchase before 2020

Here are four ways to frame a conversation about homebuying with clients who are on the fence on whether they should act now or later. Continue reading

Offerpad wants to get buyers in a new house in 24 hours

Homebuying and selling startup Offerpad announced it’s testing two new pilot programs, set to debut later this year or early 2020. Offerpad Instant Own would allow buyers to move into Offerpad-owned homes in as little as 24 hours and Offerpad Buyer Boo… Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading