Category Archives: Residential

Best (and Worst) Markets for Real Estate Agents 2021 — WalletHub

Housing sales brokerage is big business.  The National Association of Realtors (NAR) reported  5.64 million existing home transactions in 2020 at an average price of $331,900.  This equates to $1.872 trillion in total sales.  EffectiveAgents® examines a large sample of transactions each year and found the average seller commission in 2020 was 5.656 percent.   At …Read more

Escrow 101: What is it and what can you expect?

As a leader in the title industry, there are a few things we know for sure: buying a home is both exciting and overwhelming. Let’s take a minute to walk through the home buying process, specifically the escrow part of the transaction, and break down the process from start to finish. What is escrow? Being …Read more

Stewart and CertifID Work Fast to Protect Against Wire Fraud

Wire fraud is an increasing risk in the real estate industry. According to the American Land Title Association, a third of all real estate and mortgage transactions in 2020 included targeted wire fraud scams. Being vigilant when interacting with clients is key to ensuring the proper instructions are followed, and money goes to the right …Read more

5 Types of Phishing Emails You Need to Be Aware Of

Today I want to talk about five types of text-only emails. The majority of this form of phishing typically comes disguised as a link, attachment, or both. Text-only emails are frequently overlooked but can be just as dangerous as other phishing methods. The first text-only email is the decades-old “Nigerian prince” (1) scam most of …Read more

March 2021 Fannie Mae-MBA Forecast Summary

Each month Fannie Mae and the MBA release forecasts (both quarterly and annual) for housing and related lending.  This summarizes their latest outlook as of March 2021.  Interest Rates Not only do Fannie Mae and the MBA disagree on where interest rates are heading, they even see different average rates last year in 2020.  Fannie …Read more