Chris Raveis Co-President/President of Residential Sales William Raveis Real Estate, a member of Leading Real Estate Companies of the World® Shelton, Connecticut https://www.raveis.com Region served: Connecticut, Florida, Massachusetts, Maine, New Hampshire, New York, Rhode Island, South Carolina and Vermont Years in real estate: Since 1993 Number of offices: 150 Number of agents: 4,500-plus Best...
2024
The lack of understanding around how real estate transactions work—and misunderstandings and misinformation regarding the recent National Association of REALTORS®’ (NAR) settlement agreement—goes all the way to the top. In a campaign event yesterday, President Joe Biden, while speaking on housing affordability, incorrectly stated to thousands of people that “NAR agreed for the first time… The...
Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while longer. Per Fannie Mae’s Economic and Strategic Research (ESR) Group, the 30-year mortgage rate is now projected to sit at 6.4% by the end of 2024–higher than the previously projected 5.9%. This will likely cause… The post Fannie Mae Projects Higher Mortgage Rates For...
Above, Guaranteed Rate Senior Production Manager Mike Dye While the mortgage industry has traditionally focused on lenders’ needs and priorities, Guaranteed Rate has flipped the script by putting the interests of customers first. “In the age of Amazon, society has conditioned us to want quick results. What we have effectively created together is a niche… The post Revamping the Mortgage Process for...
RE/MAX, which has pivoted to new leadership with a focus on recruitment in Q1 2024, has published its latest national housing report, chronicling the state of the U.S. real estate market up to February 2024. The report surveys and compares 50 large metropolitan areas to make conclusions about the market as a whole. The report’s… The post RE/MAX National Housing Report Shows Sales Picked Up in...
Canceling a credit card that you rarely use or have paid off can feel good. It can give you a sense of accomplishment while lightening your wallet and giving you one less bill to worry about. It can, however, also cause your credit score to drop. But if you want to maintain your current credit score or improve it, then you may want to hold onto that card a little longer. Closing the account doesnt remove...
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The best way to improve your credit score is simple, but not always that easy: Reduce your debt. Paying off your credit cards, or at least paying them down substantially, will not only increase your credit score, but having less debt will probably be more satisfying than a great credit score. And not using your credit cards anymore and paying off the balances is easier said than done. But there are...
Here are five tips for designing a unique powder room… Tactile Textures and Bold Patterns Ornate patterns or unique textures can provide an unexpected visual pop. Sinks That Inspire Go with an exciting design for the sink and vanity, like a stone vessel or a marble under-mount. Creative Lighting Decorative sconces or lavish pendant lights illuminate the room while contributing to the overall...
Millennials are applying for credit cards more than most age groups, but theyre not qualifying for them, according to consumer behavior data by ID Analytics, a consumer risk management firm. One in five people ages 23-27 have been declined for credit multiple times in a year, and its not because they dont have a high enough income. A lack of credit history or low credit scores are leading to the denials,...