Migration Patterns Emerge as Buyers Cross State Lines

For example, more than 25,000 residents have left California in the last five years. Here’s where they’re going.

Survey: Teams May Cut Into Brokers’ Profits

The team structure may generate more business, but it also can cost firms more per agent.

How long would it take you to save a down payment for Beyoncé and Jay-Z’s home?

Homes.com calculated how long it would take someone to save a 10% down payment for the homes of 12 celebrities. It indicates, that if the average person saved the recommended 20% of their annual salary, it would take them a whopping 764 years to afford Beyoncé and Jay-Z’s home.

Fannie Mae CEO to resign by end of year

Fannie Mae announced President and CEO Timothy Mayopoulos will resign from his position by the end of the year. Fannie Mae explained to HousingWire that after being with the company since 2009, Mayopoulos now feels the “time is right� for him to resign from his position. Click the headline to read more.

FHFA shelves search for new Fannie, Freddie credit score model

FICO and its competitor, VantageScore, have been held in suspense to see which credit score model, if any, the FHFA will choose to use going forward. But now, the agency announced it is postponing its decision and will instead be shifting its focus to implementing the recently passed Economic Growth, Regulatory Relief and Consumer Protection Act. Click the headline to read more.

Consumers, here’s how you can save $45,000

According to a study by LendingTree, raising your credit score from “fair” to “very good” saves $45,283 on a common array of debts. That’s more than the 2016 median earnings in America ($31,334 before taxes).

Study: Millennials wrestle with the American Dream of homeownership

The American Dream of one day owning a house is still something that Millennials want and are actively pursuing, and that still appears to be true, but for many Millennials that dream is dying, dead or undesirable.

Notarize, Title Resources expanding digital notarization

Notarize recently announced an integration with Title Resources to expand online notarization for complete digital real estate transactions. Notarize closings are currently available to nearly 265 million Americans across 38 states.

Rent: San Franciscans’ burden to bear

Over the last 28 years, San Francisco’s population has become drastically more susceptible to rent burden. A study by the San Francisco Planning Commission revealed that people making 80% to 120% of the area median income ($82,900 as of April) have become susceptible to rent burden. Nearly three decades ago, this would have been nearly unheard of.

Here are 5 myths about Realtors, debunked

As in any industry, the real estate industry has its fair share of stereotypes and myths, but a new report from the National Association of Realtors just debunked some of those myths. Here are five myths commonly accepted about Realtors that are maybe not as true as they would first appear.