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Real Estate News
Homes101

Real Estate Outlook: Signs of Recovery
If you've been waiting for rock-solid statistical evidence that the housing market -- and the national economy -- are well along into recovery mode, you definitely got it last week.
30-yr Fixed Mortgages Available at 4.875%, Rates Stable
FreeRateUpdate.com research of wholesale lenders' rate sheets shows conventional 30-yr fixed mortgages available today at 4.875% to well-qualified consumers paying a standard origination fee of .07 to 1 point.
EPA Signs Sustainability Agreement With Major New Jersey Company
Hartz Mountain Industries, Inc., New Jersey's largest real estate development company, has signed an agreement with the U.S. Environmental Protection Agency (EPA) to cut energy and water use and to take other steps to reduce the environmental impacts of its retail and commercial properties across the state. Buildings are responsible for close to half of the nation's greenhouse gas pollution. Under the agreement, signed on March 11, Hartz will take steps to promote sustainability in its operations.
Elect the Select
Homeowner associations are designed to be representative democracies governed by a board of directors elected by the members. Electing directors to the board that can thoughtfully govern is extremely important. To accomplish this, elections must be carefully planned, not hatched at the last minute. Here are important components of a successful election process:
Common Buyer Fears
Whether you are a first time home buyer or someone who is looking to move up or down, getting into the market can be a fearful time.
Keeping Seniors Safe from Falls
It happens to all of us -- as we get older, our eyesight and hearing aren't as good as they once were, and our balance and reflexes start to let us down. We start taking medications to treat what ails us, but that may cause dizziness or lightheadedness. That can often lead to a fall, especially if there are tripping hazards in the home.
Undisclosed Short Sale Payments May Lead to Trouble
A recent memorandum from the legal department of the California Association of Realtors® (CAR) warns CAR members as follows: "Undisclosed payments in short sale transactions, especially those paid outside of escrow, may violate the law, including RESPA, laws against loan fraud, and licensing laws."

News for Homebuyers and Sellers
Inman News

Here’s why Compass chose to buy Contactually over other CRMs
Compass CEO Robert Reffkin gave a peek behind one of the biggest tech decisions at Compass of the past few years during a discussion at Inman Connect Now.
Trulia co-founder Pete Flint tells agents to ‘lean into’ transaction revolution
During Connect Now, Trulia co-founder and NFX Managing Partner Pete Flint explained what agents must do to stay relevant during the transaction revolution.
‘We’re watching recovery happen as we speak’: Economists
The long-term prognosis is more optimistic than many think, economists from Zillow and Windermere said during a panel at Inman Connect Now on Wednesday.
Compass CEO: ‘It’s OK to not be OK in this time’
Robert Reffkin, one of the few African American leaders in the real estate industry, discussed how agents and allies can help the Black community.
‘You can see someone smile through a mask’: Hospitality during COVID-19
During a talk called "High-Touch Service in a Low-Touch World" at Inman Connect Now, Inman Editor at Large Clelia Peters and New York City restaurateur Will Guidara discussed how to practice hospitality in a world with coronavirus.
Demand for mortgages continued in last week of May: MBA
"High unemployment and low housing supply may restrain a more meaningful rebound in purchase applications," Joel Kan of the Mortgage Bankers Association said.
Why people are renting apartments by the hour during quarantine
Months of coronavirus lockdowns are spurring the rise of a new kind of real estate service — apartment rentals by the hour.