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REAL ESTATE

By Inman News Feed

Mortgages haven’t been this cheap since summer of ’13

Cheap mortgages are renewing interest in refinancing, but don’t seem to be doing much to spur homebuyers into action yet. Freddie Mac’s weekly survey of lenders shows rates on 30-year fixed-rate home loans at 3.92 percent, the best rate since ...

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Posted Oct. 23, 2014

REAL ESTATE

By Inman News Feed

CoreLogic’s Matrix now serves more than 300,000 real estate pros

A Canadian real estate trade group is the latest to sign up for CoreLogic’s Matrix multiple listing service platform, adding to the more than 300,000 real estate professionals using the platform. The 5,200-member Calgary Real Estate Board has signed a ...

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Posted Oct. 23, 2014

What's Your Home Worth?

The Zestimate (pronounced ZEST-ti-met, rhymes with estimate) home valuation is Zillow's estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home's value. The Zestimate is pulled from data; your real estate agent or appraiser physically inspects the home and takes special features, location, and market conditions into account. Variations in price also occur because of negotiating factors, closing costs, and timing of closing.

Provided by Zillow

REAL ESTATE

By Inman News Feed

Re/Max open for business in Beijing

The first Re/Max office in China, Re/Max Eternity, is open for business in Beijing’s Chaoyang business district. Re/Max Eternity broker-owner Xianqiu Kong plans to open two more offices in Beijing in the next three years and is excited about connecting ...

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Posted Oct. 23, 2014

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