Not every house is a 3 bedroom, 2 bath, single story subdivision home. Appraisers and underwriters aren’t big fans of places that aren’t, due to the lack of comps or the problems in “salability” should something go wrong. Inventive housing? Watch this house slide open to reveal Flexible Spaces (and an open-air bathroom). Some people have a home theater, but here’s a theater home for sale. And, finding homeowner’s insurance aside, what do kids do in this house when told to clean their room? Housing prices, just like mortgage rates, have at their base the influences of supply and demand. So this story is particularly interesting: “Investor purchases of U.S. homes fell by 45.8 percent on a year-over-year basis, with the largest declines occurring in pandemic boomtowns such as Las Vegas and Phoenix.” In other housing and finance trends, Seattle-based Flyhomes’ mortgage division is offering a “Buy Now Refi Later” promotion, where a homebuyer who takes out a loan with the company can refinance for free later if rates drop. (Today’s podcast can be found here and this week’s is sponsored by Agile, bringing the mortgage capital markets into a new digital era. From lenders to dealers, Agile is the new way to quote MBS. Listen to an interview with Ally Home’s Brandon Snow on the latest health gauges of the American housing market.) Lender and Broker Services and Products Real Data. Real Knowledge. Real Wealth. Homeowners and home buyers need insights into financial property data to manage their real estate and prospect properties to build lifelong wealth. Realfinity.io is now offering its white-label platform, HomeDashboard, to lenders and LOs, allowing them to deliver property data and mortgage products throughout the entire real estate lifecycle. The question isn't whether your clients will get a platform to manage their home's finances. The question is who will give it to them. HomeDashboard leads to higher deal certainty, repeat business and more referrals. Empower your clients to make data-driven decisions using your brand’s HomeDashboard. Let’s chat about what Realfinity can do for you! More at Realfinity.io, trusted by clients like Cross Country Mortgage and NFM Lending.
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