Weldon Rigby
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Real Estate News
Do you know your FICO score?
Fri, 09 Oct 2015 4:00:39
When a first-time homebuyer purchases a credit score on the recommendation of a reputable financial institution, he or she will be under the pretense that it's the same score that will be used when a lender underwrites their loan. Furthermore, advising a first-time homebuyer to visit www.annualcreditreport.com is great advice; however, is somehow misleading. There is an alternative. Let me explain ... read more»

Zillow study says housing affordability factors in incomes, occupations
Fri, 09 Oct 2015 3:15:13
Markets with the cheapest homes aren't necessarily the most affordable for every worker, as wages are often lower in these locales. A recent analysis by Zillow of median incomes and budgets for various occupations shows that the most affordable housing markets aren't located in the middle portion of the nation ... read more»

4 reasons millennial homebuyers are here to stay
Fri, 09 Oct 2015 3:00:05
The homebuyer statistics clearly show millennials out-pacing other generations when it comes to buying a home. The global realty market is keeping an eagle eye on this huge consumer group and expects to see noteworthy changes in statistics pertinent to homebuying, choices and transactions ... read more»

California is great for families, and Sacramento area is best
Fri, 09 Oct 2015 2:20:37
Of the top 10 best cities, eight are located in either the San Francisco Bay Area or the Sacramento MSA. ... read more»

4 tips for leveraging demand with open houses
Fri, 09 Oct 2015 2:00:10
All I can say is that any commercial fisherman that uses option the first option is probably out of business. Granted you can definitely get lucky once in a while with that option, but why spend all that time and energy when the results cannot be scientifically duplicated? Open houses are similar. They are becoming more ineffective, outdated and eventually, will become extinct ... read more»

Zach and Cody Vichinsky: ‘Real estate just seemed to happen naturally for us’
Fri, 09 Oct 2015 1:30:18
"We started our career in the Hamptons," explains Zach Vichkinsky. "Once we fell in love with the natural beauty of the Hamptons and the fantastic real estate, we instantly always knew that this would be a great market for us." ... read more»

ProspectsPlus puts print marketing back in mailboxes
Fri, 09 Oct 2015 1:30:06
ProspectsPlus is a rapid turn-around direct mail marketing platform for real estate agents. ... read more»

Understanding the change from HUD-1 to the new Closing Disclosure
Fri, 09 Oct 2015 1:00:16
Contrary to popular belief, the new Closing Disclosure will remove a lot of the buyer's anxiety from the home-buying process. Real estate agents and lenders are spreading some gloom and doom about this new document when, in actuality, we simply need to change the way we present information and deadlines to our clients ... read more»

Daily market update: Oct. 9, 2015
Fri, 09 Oct 2015 0:01:57
Mortgage rates plus all the latest real estate market news ... read more»

Luxury listing of the day: Four Seasons Residence penthouse in Austin, Texas
Fri, 09 Oct 2015 0:00:37
This immense two-bedroom penthouse located at the top of the Four Seasons Residence in downtown Austin includes much of the custom-made furniture and a selection of artwork in its price tag. It's listed for $11.9 million with HipPocketz ... read more»

6 steps to avoiding internal fraud
Thu, 08 Oct 2015 15:24:15
It happens all the time: A real estate business puts too much faith in a single individual to handle their finances and ends up getting ripped off. For real estate brokerages, MLSs, and other real estate organizations, the key to avoiding this fate is to put in place the most effective anti-fraud control there is: segregation of duties ... read more»

First American offers bulk licensing of property data suite
Thu, 08 Oct 2015 12:36:18
First American Financial Corp. announced this week that it is now licensing its entire suite of property data to companies in the real estate, mortgage finance and other related industries. The company’s collection of assessor, county recorder, property valuation, foreclosure and other derived data spans 99.9 percent of all U.S. housing stock and includes more than 5.5 billion recorded document images, all derived from public records, publicly available sources and confidential agreements with third-party data providers ... read more»

Video listing of the day: A charming farm house
Thu, 08 Oct 2015 12:00:34
This impeccably updated 5,000-square-foot farm home is situated on 80 rolling acres in Platte County, Missouri. Modern touches and amenities blend seamlessly with the charm of the original home at every turn. Imagine living in this beautiful setting full time or having it as a vacation residence. ... read more»

What you should know about transgender housing rights
Thu, 08 Oct 2015 11:50:26
LGBT think tank analyst Naomi Goldberg discusses transgender discrimination issues and why federal laws (and some state laws) that should prevent bias don’t always work. Goldberg leads the Movement Advancement Project's (MAP's) policy work. Prior to joining MAP, Naomi was the 2008-2010 Peter J. Cooper Public Policy Fellow at the Williams Institute, UCLA School of Law, where her research focused on adoption and foster care, domestic partner benefits and the issues affecting older LGBT Americans ... read more»

Ryan Bokros on the most vital tool for his business and the future of consumer search
Thu, 08 Oct 2015 11:45:07
The national business consultant at e-Merge talks about how vital his iPhone is to his business and using photos or videos to search for properties ... read more»

Chinese homebuyers are shelling out all cash at increasing rates
Thu, 08 Oct 2015 11:33:25
Mandarin Chinese-speaking buyers are accounting for more overall U.S. homes purchases and are routinely paying with all cash. Analysis of RealtyTrac's data by Ethnic Technologies shows that 46 percent of Mandarin Chinese-speaking buyers who purchased homes in the 17 months ending May 2015 paid all-cash ... read more»

Podcast: 10 things most agents insist on learning the hard way
Thu, 08 Oct 2015 11:29:44
Experienced agents are typically more successful than green ones -- because they make decisions based on countless life and career lessons they've already learned. In real estate, these lessons are plentiful if you seek out that knowledge, and you don't have to go through the pain of learning them all yourself, but a lot of agents still insist on learning the hard way ... read more»

State dependency on oil may increase risk of home-price drops
Thu, 08 Oct 2015 11:19:58
Five Texas metros and three states that are oil-dependent remain at a higher risk for home price declines over the next two years ... read more»

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