Tandy on Real Estate

Welcome to the Texas National Title blog page. Please check back frequently to view the latest news.

CFPB finalizes updates to “Know Before You Owe” Mortgage Disclosure

Wed, 07/12/2017 - 4:26pm

On July 7th, the CFPB announced the finalized updates to the “Know Before You Owe” Mortgage Disclosure rule. Their announcement states that the “changes will provide more clarity, and preserve protections for consumers.” According to CFPB Director Richard Cordray, “A mortgage is one of the largest financial decisions a consumer will ever make, and CFPB’s rules help ensure consumers have the easy-to-understand information they need before making a decision that will significantly impact their financial lives.

The housing shortage

Housing shortage
Thu, 06/29/2017 - 3:53pm

At the National Association of Real Estate Editors Conference (NAREE) in Denver this month “The housing shortage: dealing with barren inventory” was presented. The panel presenting included Thomas O’Grady, Pro Teck Valuation Services; Aaron Terrazas, Zillow; and Javier Vivas, realtor.com. Here is a snapshot of what was covered.

Cybersecurity: How businesses can help protect the consumer

Cybersecurity
Mon, 06/26/2017 - 10:13am

A cybersecurity plan is not something that you create once. As a business owner and even a smart consumer, you should be aware of current cybersecurity issues, what to watch for and how to help protect yourself and your business. And, as we know in the real estate industry that if one of our real estate partners is at risk, everyone in the transaction can be exposed.

Top 10 issues affecting real estate

Tue, 06/20/2017 - 4:25pm

The Counselors of Real Estate® (CRE) announced on June 14, 2017 the CRE 2017-2018 Top Ten Issues Affecting Real Estate at the National Association of Real Estate Editors Annual Conference in Denver last week. In the presentation Scott Muldavin, 2017 chair of The Counselors of Real Estate,  revealed the Top Ten issues, and then broke out the impact on both residential and commercial real estate. Today I will cover how the Top Ten affects residential real estate according to CRE.

Buyer traffic on the rise

Buyer Traffic
Tue, 05/09/2017 - 12:00pm

Each month the National Association of REALTORS® surveys 50,000 real estate practitioners on their expectations for home sales, prices and market conditions to create the REALTORS® Confidence Index. On April 21st, the new REALTOR® Confidence Index was released. The index reflects strong buyer traffic and tight supplies as we enter the peak housing market, and that REALTORS® are optimistic about the next six months.

Communication is key

Communication
Mon, 05/08/2017 - 12:00pm

As I discussed in my last post on trust, the 2017 Edelman Trust Barometer revealed that only 37% of those surveyed have confidence in CEOs – the lowest in the history of the survey. They noted that the most important change CEOs and companies in general need to make is to do a much more effective job of communicating to their employees. In Edelman’s words: “Companies talk to their employees last, and that is a mistake, that’s crazy.”

Building trust

Trust
Fri, 04/14/2017 - 9:59am

Each year since 2012, Edelman, surveys a large sample (33,000 for this year’s report) worldwide regarding trust. The trends revealed are grim. This year’s survey showed employee’s trust in CEOs’ has plummeted with a 12-percentage point drop from the year before.

Only 37% of those surveyed have confidence in CEOs – the lowest in the history of the survey.

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