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9 October 2015

Real Estate Resource Roundup – 10/9/15

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Did you know today would have been musician John Lennon’s 75th birthday? ‘Imagine’ that!

Before you celebrate, catch up on all the latest real estate news and industry updates! We’ve gathered everything you need to know in one convenient place, so put on your favorite Beatles record, grab a seat, and dive in to this week’s Real Estate Resource Roundup.

Chinese Money Flows into US Housing
Chinese buyers are sinking cash into U.S. residential real estate and are now the top foreign buyers of domestic properties, according to the National Association of Realtors.

New Home Sales Surge By 5.7%! [INFOGRAPHIC]
According to recent information released by the US Census Bureau and Housing and Urban Development, new home sales are surging on a month-to-month scale.

Four Reasons Millennial Homebuyers are Here to Stay
Slow yet steady, millennials have an elaborate approach toward understanding and then further nailing the deal when it comes to the home buying process.

New Mortgage Rules by CFPB Kick in Today To Ease Home Buying
The new mortgage rules essentially introduce two new forms, concerning loan estimate and closing disclosure.

Homes as ATMs are Making a Comeback
Cash-out refinance rates have jumped over sixty percent during this quarter, marking the highest volume of such loans in five years.

How New Homebuyers Finance Their Homes Across the Nation
Cash purchases became the most common type of non-conventional financing used for purchasing new single-family homes for the first time since 2007.

How the Mortgage Process Just Changed
The changes are designed to make the application process easier to navigate for consumers.

With Reactions, Facebook Supercharges the Like Button
The social media giant updated its ‘like’ button to include six expressive emojis, so you’ll know just how your client is feeling!

The Best Business Networking Technique Is Simply Making a Connection
Make the most of every opportunity by brushing up on your networking skills, and making a lasting connection.

In case you missed it here on Clean Slate, Better Homes and Gardens® Real Estate vice president of platform development Amy Chorew revealed the secret to long-term recruiting success! And if you have a few minutes, please participate in our “Real Estate and Social Media” survey. We’d like to find out how you’re using social media to build your business, and if you’re not, we’d love to know why. As always, be sure to follow #BHGRE on Facebook and Twitter for more updates.

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