Real Estatin' the Facts

  Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends. Enjoy! Americans cashing out on home equity Source: Inman With interest rates remaining low and home prices on the rise, the amount of cash-out refis has shot up 41% over the last three months, according to Black Knight Mortgage Monitor Report.  The rise in home equity — the value of a homeowner’s interest in their home, after subtracting what they owe on their mortgage — is also good news for borrowers who decided to put their mortgage payments on hold during the pandemic.  Read more...     Remote work will fuel housing demand for years Source: Benzinga A recent Zillow survey found that while remote workers were far more likely to move, approximately 40% of respondents said they did not know if or when they would be required to return to their workplace. However, more than 80% of respondents said they wanted to work remotely at least occasionally while 44% wanted to work from