General News - Real Estate, Updates, News & Tips

FHFA Pushes COVID-19 Forbearance to Sept. 30

The Federal Housing Finance Agency—the regulator of Fannie Mae and Freddie Mac—has extended pandemic-related forbearance options for multifamily properties until the end of September. This marks the third extension of the program, which most recently had been set to expire on June 30.Property owners with a Fannie Mae or Freddie Mac-backed multifamily mortgage can enter a new or modified forbearance if they experience a financial hardship due

Read More

REALTORS: Looking for a Better Brokerage?

   iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.SOME OF OUR BENEFITS INCLUDE Low Broker FeesOur low compensation plan along with not having to pay any fees until closings. Transaction

Read More

Builders Reporting Material Shortages Hits Record High

The challenges to build a home continue to mount for the nation’s builders. Material shortages—such as for lumber, appliances, windows, and doors—are at the tightest levels in history, the National Association of Home Builders reports.About 90% of builders recently surveyed across the country reported shortages of appliances, framing lumber, oriented strand board, plywood, and more, the survey shows. The shortages have worsened over the pas

Read More

Welcome Back Reneé Bubetz Dealing the Los Angeles Area

iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

Read More

Where Homes Are Selling the Fastest, Slowest

Eighty-eight percent of the homes sold in April were on the market for less than a month, according to the latest National Association of REALTORS® data. Homes are selling fast as the homebuying frenzy continues. Buyers are feeling pressured to make a decision fast to purchase a home.Realtor.com®’s research team evaluated 250 of the largest metro areas to see where homes are selling at the quickest pace and at the slowest pace. They limi

Read More

Welcome Back Lena Hovanesian

iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

Read More

Remembering...

On this Memorial Day, we remember and honor those that have made the great sacrifice of fighting for our country and now lay to rest. We salute you and may you rest in peace.

Read More

Cities with Greatest Access to Green Space, Parks

Americans have shown a greater appreciation for the outdoors since the pandemic, and cities that show their connection to green space may have an advantage in attracting buyers.The team at K Van Bourgondien, a nationwide gardening and plantings provider, sought to highlight the green in the nation’s cities. It looked at the 50 largest U.S. cities to find which ones offer the best access to parks and green spaces. To find out how your city ranks

Read More

Some Lenders Set to Resume Foreclosures in July

Pandemic-related moratoriums on foreclosures and evictions are set to expire June 30, and some lenders plan to start resuming foreclosures in July. About 2.1 million homeowners are still in mortgage forbearance, according to the Mortgage Bankers Association. As of April, about 1.8 million households who aren’t in forbearance were 90 days delinquent on their loan, according to Black Knight data.Bank of America says its suspension of foreclosures

Read More

Mortgage Rates Dip Back Below 3%

Ultra-low mortgage rates returned this week, with lenders offering home buyers and refinancers a chance once again to lock in a rate below 3%. But the National Association of REALTORS® warns that these low rates in the 2% range won’t last much longer, and mortgage rates likely will edge up soon. The 30-year fixed-rate mortgage averaged 2.95% this week, Freddie Mac reports.“Mortgage rates are continuing to offer many homeowners the potential

Read More

This website includes images sourced from third party websites including Adobe, Getty Images, and as otherwise noted.