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Real Estate News

Introducing Two BAM Creators: Tessabella Jelten and Ramon Casaus

The Broke Agent introduces Tessabella Jelten and Ramon Casaus asthe newest BAM Creators, along with their new podcast House of Agents.

June 7, 2023

Woman in a floral dress raises both hands in front of a marina, with boats, a bridge, and a waving Canadian flag nearby.

Real Estate News

Should Americans be Exempt from Canada’s Foreign Housing Tax?

Canada’s foreign housing tax is a 1% levy on “under-used” properties owned by foreign citizens. A bipartisan group of U.S. lawmakers has petitioned the Secretary of State to push for an exemption for U.S. citizens.

June 2, 2023

Row of white modern townhouses with dark blue tiled roofs, wooden eaves, and glass patio doors under construction.

Real Estate News

Majority of Adults Support New Homes to Improve Housing Affordability

A recent Zillow survey found that the majority of adults across 29 metros support building houses and apartments in their neighborhoods to improve housing affordability.

June 1, 2023

Screenshot of a tweet thread about Elon Musk, showing a dark Twitter-like UI with a cartoon Grim Reaper in front of three doors labeled Stocks, Cryptocurrency, Real Estate, suggesting one option leads to doom with blood on the floor (meme about investments).

Real Estate News

Elon Musk Tweets that a Home Price Meltdown is Coming

Byron Lazine and Nicole White discuss Elon Musk’s questionable Tweet on the housing market, agents wondering if the market will ever return to normal, and a Tom Ferry video on AI, and its (developing) impact on the role of the real estate professional.

May 30, 2023

Hot Sheet

Agents Need to Know Macro and Micro Trends: Hot Sheet Recap

This week’s Hot Sheet recap includes reasons why real estate agents need to stay informed on both macro and micro trends, along with every segment Byron Lazine covered the week of May 22nd-May 26th.

May 26, 2023

Real Estate News

Home Buyers Turn to Agents for Financing Advice

A new Zillow survey shows over half (55%) of buyers turn to real estate agents for financing advice. Over half of these (56%) ranked understanding mortgage costs among their top three concerns.

May 26, 2023

Bull and bear facing off against a yellow gradient background, with Zillow and Fannie Mae logos, symbolizing real estate market trends.

Real Estate News

Fannie Mae is the Bear, Zillow is the Bull: How to Talk to Consumers About Conflicting Home Prices

Housing market analysts, including those from Fannie Mae and Zillow, have conflicting forecasts about home prices. Here’s how you can talk to consumers about where home prices are expected to go.

May 25, 2023

Home exterior with a wooden deck and abundant potted plants, featuring a large ONE+ overlay text on the center of the image. Divider line omitted for accessibility clarity.

Real Estate News

Rocket Mortgage Announces 1% Down Home Loan Program

This week, Rocket Mortgage announced ONE+, a 1% down home loan program in the United States. The program, which also eliminates mortgage insurance fees, is available to American homebuyers whose income is equal to or less than 80% of their area median income (AMI).

May 24, 2023

Real Estate News

From Social Media to NBC: Byron Lazine Discusses the “Bare Minimum Monday” Trend

Byron Lazine appeared on the May 21st episode of the NBC Nightly News—in a segment on the “Sunday Scaries” to discuss the Bare Minimum Monday TikTok trend.

May 22, 2023

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Real Estate News

Addressing Consumer Fears: Hot Sheet Recap

For the Hot Sheet recap for May 15th – 19th, Byron Lazine shares ways agents can address consumer fears during today’s complex market— whether discussing home prices, consumer sentiment or commercial real estate investments.

May 20, 2023

Bald man in a navy suit and pink tie speaks passionately at a congressional hearing with panelists seated behind him at a long desk.

Real Estate News

NAR President Addresses LLPA Mortgage Fees After Last Week’s DTI LLPA Rescission

Last week, the FHFA announced its decision to rescind DTI LLPA fees. This week, NAR President Kenny Parcell testified against another LLPA fee issued by the FHFA—this one for borrowers with fair to good credit.

May 19, 2023

Red British telephone booth on a city street with large gold '100%' text in the foreground

Real Estate News

Are the U.S. and Canada Next? Brits Are Being Offered No-Deposit 100% Mortgage Loans

A new mortgage product introduced by Skipton Building Society will allow first-time home buyers in the UK to purchase a home with a no-deposit 100% mortgage loan, which hasn’t been available since 2008.

May 17, 2023