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Tag: homebuying

What is Escrow? Explaining the Escrow Process

The escrow process plays a key role during the final stages of buying a home. Learn what escrow is, how it works, and what to expect as a homeowner.

The post What is Escrow? Explaining the Escrow Process appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Prices surged in February amid ‘extreme shortage of homes’

The median home-sale price rose to an all-time high of $363,975 in February, and Russia’s war on Ukraine is partially to blame, a new Redfin report says.

Services Help Buyers Make All-Cash Offers For Next Homes

As all-cash offers become more common, new services are sprouting to let regular home buyers dependent on mortgages to make their own offers exclusively in cash.

How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Before you get your keys and move into your new home, you’ll want to be aware of the potential roadblocks that could push back your move-in date. From a low appraisal to clouds on the title, read on to learn how to avoid a delayed closing.

The post How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Make sense of your sellers’ options with these iBuyer comparison tools

The market is growing muddled, meaning agents need to help their clients understand what's out there. Luckily, a number of software providers have emerged to help sellers weigh their options when it comes to iBuyers and traditional market offers.

As mortgage profits shrink, Rocket determined to grow market share

The nation's largest mortgage lender sees itself as a fintech platform that's out to unlock the lifetime value of its clients.

Inman Top 5: The biggest stories of the week of Feb. 18-24, 2022

Looking for a quick catch-up on the buzziest stories of the past seven days? Here's Inman Top 5, the most essential stories of the week, according to Inman website visitors.

Moody’s downgrades Chinese property developer Shimao as debt troubles drag on

Moody's downgraded Chinese property developer Shimao Group Holdings on expectations that the company will find it harder to repay investors on time.

Buying a first home is tough in today’s market. What experts say it takes to be successful

Millennials are reaching homebuying age amid a record high competition for real estate. Here's what to think about if you still want a home to call your own.

Clear Capital’s latest innovation can help better mortgage underwriting

Reno-based Clear Capital has Q1 plans to roll out ClearPhoto, a technology it calls, "a powerful set of AI-driven rules built into ClearCollateral Review, automating the review of property photos and ensuring they are aligned with the appraisal data and sketch."

Transactly acquires home connections company Cake

Transactly's platform allows agents and brokerages to outsource real estate transaction coordination to the company's in-house team, which leverages a suite of proprietary document management and communication tools.

Mortgage rates rise above 4% for first time since December 2019

FHA borrowers can expect to pay even higher rates, but lenders are offering discounts on jumbo mortgages too big for Fannie and Freddie, according to new Optimal Blue Mortgage Market data.

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