Source: CNBC — A 105,000-square-foot megamansion, known as “The One,” in the Bel Air section of Los Angeles listed Friday for $295 million, making it the most expensive listing in America. The property, which has been a decade in the making, would be the most...
Source: The Mortgage Reports — The Federal Housing Finance Agency announced it will increase fees on certain home loans starting Apr. 1, 2022. These new upfront fees will affect high–balance and second home mortgages sold to Fannie Mae and Freddie Mac. And, as...
Source: Manistee News Advocate — Homes across the country are seeing listing price increases as we ride into the new year. The nation saw an increase of 10% in listing prices for the last month of 2021. This was an increase from the 8.6% rate in...
Source: Wavy.com — VIRGINIA BEACH, Va. (WAVY) — It’s been almost three months since a local real estate agent was killed on the job in Portsmouth. The tragedy motivated two local experts to take action. Now, they’re on a mission to keep other agents safe. Their...
Source: The Wall Street Journal — U.S. mortgage rates this week rose to their highest levels since May 2020, driving up the costs associated with home buying at a time when home-sales prices are already near record highs. The average rate for a 30-year...
Hits and Misses for the Real Estate Week of April 27-May 1
