Source: Electric City Magazine — This, of course, is what we see now. Despite favorable demographics and limited inventory levels, affordability is under pressure –Mortgage rates rise Coupled with rising house prices – I started […]
Source: SP Global — Across the U.S., cities and states are planning incentives for converting offices to homes to alleviate a housing shortage and address rising office vacancies, Axios reported. The state of California […]
Market update: Breaking points There has been one question for investors to consider this year: What would it take to break inflation? The hope at the beginning of the year was that a combination of […]
Source: The Motley Fool — October is upon us, which means it’s time for hayrides, pumpkin spice lattes, and Halloween decorations. But is it a good time to buy a home? It all depends on […]
The Federal Housing Administration (FHA) expects to issue in the next 90 days a request for information from the public to update its 203K program, a step to address the current affordability crisis by boosting […]
Five REALTORS(R) whose selfless drive and ingenuity helped fuel their charitable efforts to new heights in the midst of the COVID-19 pandemic have been named the National Association of REALTORS(R)’ 2022 Good Neighbor Awards winners. […]
Despite a slight decrease this week in mortgage rates, the average for the 30-year fixed-rate loan remains more than double what it was a year ago, adding hundreds of dollars per month to financing costs […]
Source: The Guardian — Almost 1,000 mortgage packages were pulled overnight from the British market as panic seeps into the housing market in the wake of Kwasi Kwarteng’s mini-budget. Moneyfacts, which monitors the sector, said […]
The U.S. House of Representatives passed a bill in late July creating federal minimum standards, which would allow notaries nationwide to perform remote online notarizations (RON). Title industry experts say it would be a game-changer […]
Source: The Motley Fool — Although housing inventory has been opening up in the real estate market, there still aren’t enough available properties for sale to meet buyer demand. If you’ve been house-hunting for […]
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