As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.” Post Brothers CEO and co-founder Michael Pestronk joined “Varney & […]
Ahead of Friday’s national jobs report, mortgage rates have found stability after increasing for multiple weeks. Polly’s average 30-year fixed rate for conventional loans was 7.17% on Tuesday, down from 7.24% one week earlier, […]
Struggling New York Community Bancorp (NYCB), which triggered fears of new bank collapses, could benefit from selling mortgage servicing rights (MSR) to improve its capital ratio, according to analysts at Keefe, Bruyette and Woods (KBW). NYCB became […]
A new study has found that Manhattanites put a higher percentage of their income towards rent than almost all of their fellow Americans. Fresh findings from apartment listings service RentCafe show that living in […]
New data illustrates a discrepancy between the perception of baby boomers who lose money to financial scams and the actual rate of seniors to fall prey to such bad actors. This is according to […]
Luxe Realty, a new full-service boutique brokerage firm, has launched in Phoenix. The company’s co-founders and co-owners are Matthew Fenicle and Brian Guzman, who were both previously with Realty One Group. Luxe Realty’s team also […]
One-third (33%) of Black millennials own their home, compared to two-thirds (65%) of White millennials, according to a new data analysis by Redfin (NASDAQ:RDFN). This represents the largest disparity gap in homeownership among any generation. Redfin determined […]
Affordable homeownership opportunities in February were more abundant compared to one year earlier, according to Realtor.com’s housing report for February. Last month, homes in the $200,000 to $350,000 price range grew by 20.6% compared […]
The attorneys who scored a $1.8 billion court victory in the Sitzer/Burnett case against the National Association of Realtors (NAR) and several major brokerage firms appear to be taking a cue from the legendary Willie Sutton and […]
Real estate professionals who rely on Facebook and Instagram for their social media marketing will be in for a rude surprise this morning as service on the two platforms was disrupted. According to the DownDetector […]
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