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Home2023March

Month: March 2023

Real Estate
Economy

Are Conditions Ripe to Spur Real Estate Investment in Gateway Markets?

March 31, 2023 Mark Paul Cervantes Comments Off on Are Conditions Ripe to Spur Real Estate Investment in Gateway Markets?

Only a few years after many observers were declaring that New York City, San Francisco and other gateway U.S. cities have forever lost their appeal to commercial real estate investors, new sentiment surveys are showing gateway […]

U.S. inflation
Inflation

UAE shares stumble as caution reigns ahead of U.S. inflation data

March 31, 2023 Mark Paul Cervantes Comments Off on UAE shares stumble as caution reigns ahead of U.S. inflation data

March 31 (Reuters) – Stock markets in the United Arab Emirates fell on Friday as investors awaited key U.S. inflation data due later in the day for clues on future interest rate moves by the […]

Real estate
Top News

Real estate has radically evolved. The fate of our society is at stake

March 31, 2023 Mark Paul Cervantes Comments Off on Real estate has radically evolved. The fate of our society is at stake

A few years ago, as my wife and I awaited the arrival of our second child, we — like many who came before us — started to feel cramped in our two-bedroom home. We loved […]

Mortgage
Housing Bubble

The average long-term mortgage rate is at its lowest level in six weeks

March 31, 2023 Mark Paul Cervantes Comments Off on The average long-term mortgage rate is at its lowest level in six weeks

The average long-term U.S. mortgage rate inched down this week to its lowest level in six weeks, just as the spring buying season gets underway. Mortgage buyer Freddie Mac reported Thursday that the average on the […]

Artemis Real Estate
Top News

Artemis Real Estate raises $1.9bn for latest US value-add fund

March 31, 2023 Mark Paul Cervantes Comments Off on Artemis Real Estate raises $1.9bn for latest US value-add fund

Artemis Real Estate Partners said it has $1.9bn (€1.74bn) for its Artemis Real Estate Partners Fund IV, exceeding a $1.5bn fundraising target for the US value-add fund. In February 2021, IPE Real Assets reported that Artemis […]

FACEBOOK
Top News

HOW TO USE FACEBOOK BOOST FOR YOUR REAL ESTATE AGENCY

March 31, 2023 Mark Paul Cervantes Comments Off on HOW TO USE FACEBOOK BOOST FOR YOUR REAL ESTATE AGENCY

Did you know that Facebook’s potential advertising reach is 2.08 billion people? With numbers like these, using Facebook to advertise real estate agents is one of the smartest moves a person can make. If you’ve never used […]

Housing Wire

Record keeping needs improvement: FHFA watchdog

March 31, 2023 Mark Paul Cervantes Comments Off on Record keeping needs improvement: FHFA watchdog

The Federal Housing Finance Agency (FHFA)’s Office of the Inspector General (OIG) has determined that the FHFA has followed guidance related to conservatorship of the government-sponsored enterprises (GSEs). However, staff turnover and pervasive record keeping […]

Weely Real Estate News

Operation Homefront Partners with Lereta to Help Veterans Pay Property Taxes

March 31, 2023 Mark Paul Cervantes Comments Off on Operation Homefront Partners with Lereta to Help Veterans Pay Property Taxes

LERETA, a national provider of real estate tax and flood services for mortgage servicers, today announced the LERETA Tax Grants program, which will help pay property taxes for military veterans through Operation Homefront, a national […]

Weely Real Estate News

Property Listing Descriptions Get a Boost from AI

March 31, 2023 Mark Paul Cervantes Comments Off on Property Listing Descriptions Get a Boost from AI

Restb.ai is launching its AI-powered Property Descriptions technology for the US and Canadian real estate industry, making it easier for agents to automate the time-consuming task of creating property listing descriptions.   The Restb.ai technology […]

Housing Wire

Low inventory a challenge to housing market as rates decline 

March 31, 2023 Mark Paul Cervantes Comments Off on Low inventory a challenge to housing market as rates decline 

Mortgage rates declined for the third consecutive week, sparking hope for a good homebuyers’ spring season. But while rates have dropped, the housing market has continued to be challenged by low inventory levels. Freddie Mac’s […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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