FHA, Fannie Mae, Freddie Mac Raise Loan Limits

April 29, 2020Business, Industry News, News, Newsletters

  The Federal Housing Administration (FHA), Fannie Mae, and Freddie Mac are backing larger mortgages now that the 2020 loan limits have gone into effect. The higher loan limits went into effect on January 1, 2020. The Federal Housing Finance Agency (FHFA) made the announcement in November 2019 that it would begin allowing mortgage borrowers … Read More

iBuyers Gain Market Share in Some Cities

February 25, 2020Business, Industry News, News, Newsletters

  iBuyers are increasing their market share in some U.S. markets, finds a new Redfin analysis. iBuyers purchased 3.1 percent of homes in 18 markets during the third quarter of 2019. This figure marked a 1.6 percent increase in the market share for iBuyers since a year earlier. Read the full story here.

Real Estate Trends To Watch For In 2020

December 31, 2019Business, Industry News, News, Newsletters

  A new forecast from Realtor.com predicts an uncertain year for U.S. housing markets as changing economic and political conditions impact the country. The U.S. housing market will continue to slow in 2020 as housing inventory declines to historic lows and economic uncertainty causes consumers to reduce their spending even further, according to the Realtor.com … Read More

Relocator App

January 31, 2019Business, General, Industry News, Title Tips

Are you ready to move, but feel stuck in preparation overwhelm? We have good news for you, there’s an app for that! TitleSmart offers the Relocator App to both buyers and sellers. Think of it as your very own moving concierge. From creating your moving checklist to finding community resources that best fit your needs. … Read More