Month: December 2015
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The American Rental Market
Did you know that there are 43 million people in the U.S. who live in rental properties? According to America’s Rental Housing: Expanding Options for Diverse and Growing Demand, a study by the Joint Center for Housing Studies of Harvard University, the number of renters has increased by 9 million since 2005; we have not seen…
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Cities with the Most Competitive Homebuyers
This week, Redfin released their ranking of the most competitive neighborhoods for buying homes in 2015 and the cities on the list come as no surprise. Four cities—Boston, Seattle, Denver and Portland—boast of such healthy housing markets, bolstered in no small manner by their thriving tech scenes, that they are home to the top 30…
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Diversity and Inclusion: A Millennial’s Standpoint
Traditionally, Diversity and Inclusion (D&I) in a workplace mean the representation and acceptance of people regardless of their race, gender, religion and other factors. Millennials, who will comprise 75 percent of the workforce by 2025, have a different perception; even though they respect the old norm, for them D&I is more about intellectual acceptance.
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Retail Jobs from Coast to Coast
By most accounts 2015 was a decent year for many builders, lenders, and real estate firms – especially here in Texas where I’m spending a few days with Fairway Independent Mortgage. Speaking of which, here are the hottest real estate markets according to NAR. As expected, the Bay Area tops the list, and California urban areas…
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Merry Christmas from NAWRB!
It’s Christmas Eve and NAWRB would like to wish our community a merry Christmas and happy holidays! We hope that you are spending these celebratory days away from work, with family, friends and good food. At NAWRB headquarters, the Christmas spirit is alive and well; our holiday mixer was a couple days ago, we had…
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Patricia Arvielo
President and Co-founder of New American Funding Patricia Arvielo With over 30 years of experience in the mortgage industry, Patty Arvielo has helped create one of the fastest growing mortgage bankers in America, New American Funding. From running around the streets of Tijuana to walking the Great Wall of China, she recounts her formative experiences…
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Does it Cost More to be a Woman than a Man in New York City?
Women already have a tough time getting on par with men in the corporate world, do we now have to fight against gender bias in product pricing too? From Cradle to Cane: The Cost of being a Female Consumer, A Study of Gender Pricing in New York City is a study conducted by the New…
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NAWRB Receives Approval as Freddie Mac HomeSteps Diversity Supplier
The National Association of Women in Real Estate Businesses (NAWRB) today announced it has been approved as a Freddie Mac HomeSteps Diversity Supplier. HomeSteps is the REO Sales division of Freddie Mac (OTCQB: FMCC), one of the nation’s largest sources of residential mortgage credit. Irvine, CA, December 23, 2015 — The National Association of Women…
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TRID: Helping or Hurting?
Today, the National Association of Realtors (NAR) announced that existing-home sales decreased significantly in November, to the lowest figures since April 2014. Existing-home transactions are comprised by sales of single-family homes, townhomes, condominiums and co-ops; according to NAR, they fell 10.5 percent to a seasonally-adjusted annual rate of 4.76 million in November, compared to a…
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The Housing Market Shows Positive Trends for 2016
With 2015 winding down, prospective homebuyers and sellers are eagerly looking forward to the New Year. Nationwide Economics’ Health of Housing Markets (HoHM) Report brings good tidings with its Leading Index of Healthy Housing Markets (LIHHM). Calculated based on factors like employment, demographics, mortgage market and home prices, the study covers the national housing market…