Posted To: Pipeline Press
In celebration of National Doughnut, or Donut, Day, let's talk about a subset of real estate agents. The typical Realtor , and there are 1.2 million of them in NAR, is a 53-year-old female who attended college and is a homeowner - not surprising. On average, they had 12 transactions in 2016. Median income (half above, half below) increased from $39,200 in 2015 to $42,500 in 2016. The recent NAR survey revealed that 24% of members make under $10,000, and 24% make above $100,000. Women represent 63% of Realtors. Credit Guideline Changes The May issue of STRATMOR Insights Report contains a riveting In-Focus article entitled The Changing Credit Landscape: What it Means for Originations written by none other than me. Are credit scores and underwriting guidelines, loosening as lenders seek...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/2rMOcYs
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