Here’s a batch of articles we found this past week that piqued our interest, including the latest options from Fannie Mae and Freddie Mac, myths on millennial homebuyers and real estate’s racial divide.
Freddie Mac announced last week it was extending its appraisal-free mortgage program to purchase loans beginning Sept. 1, while Fannie Mae announced its own appraisal-free purchase mortgage. HousingWire has a great breakdown of what both plans mean and who qualifies.
Blacks in particular were hit hard by last decade’s housing bust. While 64.4 percent of white households and 54 percent of Asian households were homeowners, only 32.7 percent of black households were. Realtor.com looks to answer why that is following the recent events in Charlottesville, Virginia.
Ah, millennials. David Stroh, a REALTOR® with Re/Max Plus in Maryland, breaks down why what you’ve heard about the generation might not be true.
How Are You Greeting Your Buyers? Kathy Streib
Kathy Streib, a home stager based in Delray Beach, Florida, shares five helpful tips for staging a listing and welcoming buyers into the home as soon as they open the door.
Moving With Kids NAR Research
NAR Research produced an interesting report on the unique needs and wants of homeowners with children under the age of 18. Among the items buyers take into consideration are neighborhood factors and what their real estate agent can do for them. Click above to view or download the full report.
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