Apparently, the California Assocation of Realtors #CAR Is Loving the New Mortgage Trend
And everyone thought TRID was going to cripple the #realestate industry. It seems like that's not the case. While the new rules are delaying the process some, as predicted, it's definitely not necessarily hurting the market, by any means.
Here's why: back in December, it turns out that single-family home sales skyrocketed up an impressive 9.6% compared to the preceding month. There's a big reason for that, though, but shouldn't be cause for alarm that the housing market will slow down. TRID caused those November sales to close out in December, bolstering those numbers.
However, the point's pretty clear here — we have a robust real estate market that's showing no signs of slowing down. And TRID? The consumer transaction just gets a little different, is all!
We’re sure you’ve heard of TRID and the fluctuating market these days, but believe it or not, home buying today might actually be easier! Here’s why: