Unnecessary GSE Limits Impede First-Time and Underserved Buyers
In 2008, Fannie Mae and Freddie Mac (the GSEs) were put under “conservatorship,” or control of the federal government. The significant deterioration in the housing markets leading up to the 2007 – 2008 global financial crisis damaged each GSE’s financial condition and left them unable to fulfill their missions without government intervention. Since that time, […]
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FHFA Names Phyllis K. Fong Acting FHFA Inspector General
The Federal Housing Finance Agency (FHFA) named Phyllis K. Fong acting inspector general (IG). Fong will continue to serve as the IG for the U.S. Department of Agriculture (USDA) while she serves as the acting FHFA IG. As IG, Fong will be the senior official in the Office of Inspector General (OIG) responsible for audits, […]
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Help Your Agents Power Through Today’s Homebuyer Battles
In case you just woke up from a long, long sleep, today’s housing market is extremely competitive for homebuyers. How are your buyer’s agents doing? Do you have the tools to help them succeed? To help managing brokers support their buyer’s agents in these challenging times, I would like to share a few insights we […]
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Assistance Against Eviction Still Available: Housing Agencies Release Joint Statement
Federal regulations protecting tenants and homeowners from evictions and foreclosures have lifted, expiring on July 31. However, several housing agencies, including the U.S. Department of Agriculture (USDA), U.S. Department of Housing and Urban Development (HUD), U.S. Department of Veterans Affairs (VA) and Federal Housing Finance Agency (FHFA), have extended their foreclosure-related eviction moratoria until Sept. […]
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ASA ‘Disappointed’ in Appraisal Exclusion During HUD Event
The American Society of Appraisers (ASA) has expressed its disappointment in the exclusion of appraisals professionals during the Department of Housing and Urban Development’s (HUD) latest event on bias surrounding the home valuation process. “This marks the second event of its kind that has excluded appraisers or their representatives from these important conversations. On June […]
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Cover Story: Berkshire Hathaway HomeServices on What it Means to Be Invaluable
When Gino Blefari, the CEO of HomeServices of America and chairman of Berkshire Hathaway HomeServices, selected Christy Budnick to serve as CEO of the global Berkshire Hathaway HomeServices franchise network, his decision was based upon her exceptional skills, brokerage experience, industry-wide respect and demonstrable and remarkable leadership. Not lost on Blefari, however, was something that […]
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Could New Construction Help Level Out the Market?
If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. Fortunately, a recent slight decrease in housing material costs could mean the market is beginning to level […]
FHA and FHFA Eviction Moratoria Get New Deadline
An eleventh-hour request from the White House has kept several eviction freezes from thawing at least until the Fall. The Biden Administration announced on July 29 that it wanted Congress to consider pushing the deadline for the Centers for Disease Control and Prevention (CDC) eviction moratorium back until the end of September. The ban was […]
Real Estate Q&A: What Can Homeowners Do When the HOA Board Isn’t Doing Its Job?
(TNS)—Q: Our association’s board of directors is not doing their job. Overgrown landscaping, boats and inoperable vehicles in driveways, and houses that need painting are among the many problems in our community. What can a homeowner do when their board and management company are ineffective? — Margaret A: The board of directors of your community […]
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RealEdge Recap: iBuyers, Global Relocation Patterns and More
RISMedia’s RealEdge is a real estate-related podcast that highlights the industry’s most innovative and successful members, sharing best practices for obtaining a real estate edge. Here are the episodes we’ve recently released: Episode 19: ‘Don’t Let Someone Else Define You or Your Company’ – Growth and Leadership Strategies for an Unpredictable Time Corcoran Group CEO Pam […]
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