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[ November 16, 2024 ] New Book Offers Guide to Foreign Real Estate Investment in Vietnam Weely Real Estate News
[ November 16, 2024 ] Virginia Initiatives Link Economic Development with Workforce Housing Weely Real Estate News
[ November 16, 2024 ] Connecticut’s Christmas Movie Trail Celebrates Locales Used in Romantic Dramas Weely Real Estate News
[ November 16, 2024 ] Ginnie Mae Acting President Sam Valverde to Resign Weely Real Estate News
[ November 16, 2024 ] Hits and Misses for the Real Estate Week of Nov. 11-15 Weely Real Estate News

Daily Real-estate News

U.S. Home Prices Surge to Record High Amid Housing Boom
COVID-19 Pandemic Spurs Home Renovations and Remodeling Boom
Millennials Fueling Strong Demand for Housing, Driving Up Prices
Housing Inventory Remains Low, Pushing Buyers to Compete for Homes
Remote Work Driving Migration to Suburbs and Smaller Cities
New Home Construction Slows Due to Labor Shortages and Rising Costs
Rising Interest Rates Could Cool Down Housing Market Boom
Low Mortgage Rates Continue to Support Housing Market Growth
Increasing Number of Renters Struggling to Afford Housing
Tech Companies Invest in Real Estate for Office and Data Center Space

Housing Starts Rebound, Builders Aim to Win Buyers Back

September 21, 2022 Allen Santos Comments Off

Even as demand for new homes fizzles–about a quarter of homebuilders are reducing their prices to attract more buyers as foot traffic falls–single-family construction jumped 3.4% in August, the Commerce Department reported Tuesday. Economists are […]

Existing-Home Sales Slip Again, Yun Blames Mortgage Rates

September 21, 2022 Mariel Alumit Comments Off

Existing-home sales slipped further in August as economists blame the “housing recession” mostly on higher mortgage rates, though home prices continue rising, according to newly released data from the National Association of REALTORS(R). But while […]

Mortgage Rates Top 6% for First Time Since 2008

September 16, 2022 Paul Graham Comments Off

The interest rate for the 30-year fixed-rate mortgage crossed a major threshold this week, hitting 6.02%–the first time it has broken 6% since 2008, Freddie Mac reported Thursday. Volatile mortgage rates are sending shockwaves through […]

NAR Mentorship Program Helps Agents Discover New Niches

September 16, 2022 Paul Graham Comments Off

As the housing market slows, real estate pros may find it’s a perfect opportunity to explore new niches and expand their business opportunities. They’re finding that NAR Spire, the National Association of REALTORS(R)’ mentorship program, […]

REALTORS

REALTORS(R) Are Donating More Money, Time to Charity

September 15, 2022 Mariel Alumit Comments Off

REALTORS(R) are building deep connections within their communities, giving more money and devoting more time to support numerous causes from neighborhood cleanups to fundraising for those in need. Eighty-three percent of the nation’s 1.5 million […]

Real Estate

12 Tech Startups Vying for Glory in the Real Estate Space

September 14, 2022 Stu Turley Comments Off

Twelve technology startups in the real estate space with new offerings such as fractional ownership, home renovation and rental solutions are poised to shake up the real estate industry. These budding companies will take the […]

Mortgage

Experts: Buyers Should Shop Around for a Mortgage as Rates Rise

September 8, 2022 Mariel Alumit Comments Off

As mortgage rates surge and remain volatile, it’s becoming increasingly necessary for home buyers to shop around for a loan to find savings. According to Freddie Mac, borrowers potentially could save an average of $1,500 […]

Background

Background, Credit Checks Are Fertile Ground for Lawsuits

September 7, 2022 Allen Santos Comments Off

Property managers and other real estate professionals routinely conduct background and credit checks in the course of business. Be vigilant: You could be sued for not adhering to federal and state regulations when gathering and […]

REALTORS

10 REALTORS(R) You Should Want to Emulate

September 1, 2022 Allen Santos Comments Off

Ten REALTORS(R) who have gone the extra mile to support the most vulnerable in their communities, from creating a grocery store-style food pantry to innovative affordable housing units, have been named finalists for the National […]

Mortgage Rates

Mortgage Rates Rise Again, Nearing Affordability Threshold

September 1, 2022 Allen Santos Comments Off

Mortgage rates continued inching up this week, nearing a threshold that would bring the average American household to a financial tipping point, warns Nadia Evangelou, senior economist and director of forecasting for the National Association […]

Rocket

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

February 25, 2024 Comments Off

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

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

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

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

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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