1.REALTORS® Applaud House Passage of Mortgage Choice Act
“The Mortgage Choice Act that passed the U.S. House of Representatives last night importantly redefines a provision in the Ability-to-Repay rules that limits mortgage fees and points to three percent in order for home loans to be considered Qualified Mortgages. “
2.Home sale totals continue to dip, but Realtors aren’t concerned
“Once again, Louisville-area home sales in May trailed last year’s pace, according to figures released by the Greater Louisville Association of Realtors.”
3.Demand pushed Bay State pending home sales to record levels in May
“Pending single-family sales in the Bay State posted its biggest May since the Massachusetts Association of Realtors began tracking the data a decade ago.”
4.Are you struggling to be profitable as a real estate agent? Maybe you should hire a coach
“Have you hit a plateau you can’t seem to break? Are you struggling with how to be more profitable in your business? Are you facing burnout and thinking about leaving the business? If so, now may be the right time to hire a coach.”
5.US foreclosure activity falls to 8-year low in May: RealtyTrac
“Foreclosure activity across the United States dropped toan eight-year low in May as banks reclaimed fewer homes and foreclosure startssaw their lowest levels in years, RealtyTrac said in a report on Tuesday”
6.Agents: 3 Must-Have Components for Long Term Success
“Just like top agents who never take success for granted, and constantly look for new ways to improve and innovate, we know that to stay current in a constantly evolving market and economy, it takes a commitment, forward-thinking and creative connection. One of our favorite mantras is Tony Robbin’s “CANI: Constant And Never-Ending Improvement.” That’s why we aren’t slowing down one bit in terms of adding fresh content, up-to-the-minute marketing tools and the kinds of strategies and solutions it takes to help our customers and agents all across the real estate industry have what they need to thrive in ANY market. “
7.U.S. small business, jobs data bolster growth picture
“WASHINGTON (Reuters) – The U.S. economy has decisively turned the corner with small business confidence hitting its highest level in more than 6-1/2 years in May and the number of jobs available rising to pre-recession levels in April.”