Title Terms from Counsellors Title

Terms that are common when dealing with title insurance. ALTA Title Insurance Policy – American Land Title Association combination of various policies and endorsements that lenders usually require when making a loan; expands normal coverage to include unrecorded...

Agents Median Gross Income Approximately $40K

The 2018 National Association of Realtors report indicated that the number of agents increased by 80,000 year-over-year. In 2017, there were 1.22 million agents and in 2018 there were 1.3 million agents.  Stats The median age for an agent was 54, which was up from 53...

You Can Buy Your House on Amazon

We always knew that it was going to come: and now it’s here, you can buy your home on Amazon. Anything Amazon initiates usually begins small and this is no different, when it comes to buying a house from the giant online retailer. The small house, or micro...

Homeowner Equity Rises – The CoreLogic

CoreLogic published data regarding homeowner equity over the last 12 months. According to CoreLogic, the average homeowner gained $6,400 in homeowner equity.  The current quarter represents a slowing down of the gains homeowners were able to build with respect to...

US Home Values Increase to $26 Trillion

The Federal Reserve released a report which indicates that the value of US owner-occupied homes increased to a new record level, $26.1 trillion for the first quarter of 2019. This gain tracks with the home value appreciation in home prices for the last year,...