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Realtor

Why the Homebuilding Industry Is Hot Now

  • Post Author By Evo Plus
  • Post Date 03/05/2023
Why the Homebuilding Industry Is Hot Now

A number of the large home construction companies reported March quarter results last week.

Beazer Homes BZH beat earnings estimated by 34.5% on revenue that beat by 4.1%.

DR Horton DHI posted a sales surprise of 21.6% and its earnings surprise was doubly as strong at 43.7%.

PulteGroup’s PHM earnings surprise was also a spectacular 32.0%, especially since it came on top of a revenue surprise of over 9%.

Not to be outdone, M/I Homes MHO posted a revenue surprise of 27.0% that generated an earnings surprise of 54.2%.

NVR’s NVR revenue missed by 9.7% although its earnings still surprised

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Realtor

Journal Club 04-28-23 – Passive Income MD

  • Post Author By Evo Plus
  • Post Date 29/04/2023
Journal Club 04-28-23 – Passive Income MD

Here’s Journal Club 04-28-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!

  • Do you have an existing 401(k) that you were once excited about but now feel like you’re stuck with it, as it either comes with high fees or has a high expense ratio? Well, you’re not alone. The White Coat Investor talks more about this and shares helpful steps to better manage your retirement account in the article – What To Do With A Crummy
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Realtor

Vail Valley broker Sara Hoodicoff to co-chair session at Colorado Association of Realtors event

  • Post Author By Evo Plus
  • Post Date 25/04/2023
Vail Valley broker Sara Hoodicoff to co-chair session at Colorado Association of Realtors event
Vail Valley broker Sara Hoodicoff to co-chair session at Colorado Association of Realtors event
Local Realtor Sara Hoodicoff will co-chair a seminar on international sales at this week’s Colorado Association of Realtors Spring Summit in Vail.
Sara Hoodicoff/courtesy photo

The Colorado Association of Realtors is holding its spring summit this week at the Four Seasons in Vail. Local broker Sara Hoodicoff will co-chair one of the meetings at the three-day event.

Hoodicoff, a broker with Coldwell Banker Distinctive Properties, will co-chair a discussion for the group’s Global Committee. Hoodicoff has sold property in three countries and has earned the designation of Certified International Property Specialist.

According to a release, the session will help brokers

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Realtor

Plane crash victims known for good works in Hamilton County

  • Post Author By Evo Plus
  • Post Date 07/04/2023
Plane crash victims known for good works in Hamilton County

A private plane crash in Florida claimed the lives of two Hamilton County married couples widely known for their religious faith, civic engagement and business acumen.

The accident in the Gulf of Mexico near Venice killed William Lumpkin, 64, and Patricia Lumpkin, 68, of Fishers; and Ricky Beaver, 60, and Elizabeth Beaver, 57, of Noblesville, according to the Venice Police Department.

About the Venice plane crash victims

Ricky Beaver comes from a family with life-time ties in Noblesville’s business and political community. He owns Beaver Construction in Noblesville and is the cousin of Chris Beaver, owner of Beaver Materials in

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Realtor

California man turns the tables on home squatters

  • Post Author By Evo Plus
  • Post Date 26/03/2023
California man turns the tables on home squatters

A Nevada handyman turned the tables on squatters who invaded his mother’s California home, after local officials said they could offer no assistance getting them out.

Flash Shelton, executive director of the Las Vegas-based United Handyman Association, said in a YouTube video that the trouble began after his father died and his mother could no longer live in the family home — which was then put up for rent.

A woman who identified herself as a prison guard reached out to Shelton looking to rent the Northern California house, but couldn’t offer any money or credit.

Shelton turned the woman

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Realtor

A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

  • Post Author By Evo Plus
  • Post Date 12/03/2023
A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices
Home for sale

FREDERIC J. BROWN / Contributor/Getty Images

  • Nadia Evangelou, senior economist for the National Association of Realtors, sees a rebound coming.

  • Easing inflation will bring mortgage rates down, and tight supplies will send prices higher.

  • In her view, the US will avoid both the recession and housing crash that others have forecasted.

While some experts have warned of an impending US housing crash, Nadia Evangelou, senior economist and director of research at the National Association of Realtors, anticipates the opposite.

Home prices and sales will dip this year, but she anticipates a rebound in 2024 with rising sales and limited supplies

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Realtor

What it is, how it works

  • Post Author By Evo Plus
  • Post Date 02/03/2023
What it is, how it works
Banker discusses banking services to new customers

SDI Productions/Getty Images

With single-family homes in the US selling for a median price of $359,000 in January 2023, according to the National Association of Realtors, it’s no surprise that most people need to borrow money to finance a home purchase.

The tricky thing is, the home buying process usually involves making an offer before you actually get final approval for your home loan. What happens if a seller accepts your offer but your lender does not approve your mortgage application? That’s where a mortgage contingency comes into play.

What is a mortgage contingency?

In a real estate transaction, both

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