Weely Real Estate News

Weekly Real Estate News refers to news and updates about the real estate industry that are published on a weekly basis. These updates may include information about the latest trends and developments in the real estate market, new regulations and laws that affect the industry, and updates on major real estate transactions or investments.

Weekly Real Estate News can be accessed through a variety of sources, including news websites, social media platforms, industry publications, and newsletters. Many real estate agents and brokers also send out weekly newsletters or emails to their clients with updates and information about the market.

Market chaos forces UK lenders to pull mortgage products

September 30, 2022 Mariel Alumit Comments Off

Source: Reuters — LONDON, Sept 26 (Reuters) – Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a real-world consequence of the market volatility […]

US ‘housing recession’ could send prices 20% lower by mid-2023: economist

September 28, 2022 Allen Santos Comments Off

Source: New York Post — US home prices are now “clearly falling” and could plummet by as much as 20% by mid-2023 as the Fed continues its aggressive push to hike interest rates, according to […]

Powell warns of a correction in the once ‘red-hot’ housing market

September 28, 2022 Allen Santos Comments Off

Source: Boston — Federal Reserve Chair Jerome Powell warned that the US housing market is likely to suffer a reversal in the wake of policymakers’ interest-rate hikes. “We’ve had a time of a red-hot […]

These are the 10 fastest-cooling real estate markets in the US

September 28, 2022 Allen Santos Comments Off

Source: The Hill — The real estate market is cooling fastest primarily among West Coast cities already hit by the lingering affordability crisis, with Seattle leading the way, according to a new analysis. An analysis from the […]

Why You Should (and Shouldn’t) Sell Your Home in 2022

September 28, 2022 Allen Santos Comments Off

Source: Real Estate — In the final months of 2022, the housing market isn’t the same as when the year started. In an effort to battle inflation, the Federal Reserve has increased interest rates repeatedly throughout […]

Why Warren Buffett Doesn’t Buy Real Estate And Most Other Investors Shouldn’t Either

September 28, 2022 Allen Santos Comments Off

Source: Yahoo — Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s […]

Taller Towers, Fewer Homes

September 28, 2022 Mariel Alumit Comments Off

Source: New York Times — In New York City, where space is at a premium, developers tear down residential buildings to create new ones that climb higher and higher into the sky — projects […]

While inflation continues to drive Houston interest rates up, real estate agents say there may be a silver lining for buyers

September 28, 2022 Allen Santos Comments Off

Source: Click 2 Houston — HOUSTON – Sikiru Ogunboyejo has been a real estate agent for eight years. He says he’s seen major fluctuations in interest rates during his time on the job. ”When COVID […]

Bank statement loans: Mortgage lenders and requirements

September 28, 2022 Allen Santos Comments Off

Source: The Mortgage Reports — Where can I find a bank statement loan? The home loan process looks a little different when you have self-employed income. Traditional home loans are an option, but some self-employed […]

Thousands could miss out on mortgages due to rising energy costs – research

September 28, 2022 Allen Santos Comments Off

Source: Mortgage Introducer — A recent study has shown that the rising cost of energy could lead to thousands of applicants missing out on mortgages due to its impact on their affordability. Data analysis […]