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Most property investors are opting for one-year fixed mortgages – survey

Most property investors are opting for one-year fixed mortgages – survey

by Third Party | Feb 1, 2023 | Industry Updates, Mortgage Information

Source: MPA Mag —  A number of property investors are choosing to suffer the short-term pain of fixing their mortgage rates for a year in anticipation of interest rates easing, according to a new survey. The latest Crockers-Tony Alexander Investor Insight found...
Tracker mortgages: is it a good idea to get one now?

Tracker mortgages: is it a good idea to get one now?

by Third Party | Feb 1, 2023 | Industry Updates, Real Estate Agent Tools

Source: The Times Money Mentor —  With many low interest fixed-rate mortgage deals due to expire this year, borrowers may be asking what to do next and considering whether a tracker mortgage is a good option. A new report from the Office for National...
Toll Brothers Named #1 Home Builder on Fortune Magazine’s 2023 World’s Most Admired Companies® List

Toll Brothers Named #1 Home Builder on Fortune Magazine’s 2023 World’s Most Admired Companies® List

by Staff Writer | Feb 1, 2023 | Industry Updates, News/Current Events

Feb. 01, 2023 (Staff Writer) — Toll Brothers, Inc. (NYSE:TOL) (www.TollBrothers.com), the nation’s leading builder of luxury homes, has been named the #1 Most Admired Home Builder in the 2023 Fortune magazine survey of the World’s Most Admired Companies, the...
Where People Moved in 2022

Where People Moved in 2022

by Third Party | Feb 1, 2023 | Industry Updates, News/Current Events

Source: National Association of Realtors —  Although the population continues to increase, fewer Americans decided to move in 2022. After a historically low moving rate in 2021, data indicates that even fewer Americans moved across the country last year. But...
Tech office leases slow to a ‘trickle’ in Seattle as real estate braces for impact of layoffs

Tech office leases slow to a ‘trickle’ in Seattle as real estate braces for impact of layoffs

by Third Party | Feb 1, 2023 | Industry Updates, Real Estate News

Source: GeekWire —  Office building attendance in downtown Seattle this past November increased year-over-year from 15-20% to 35-60%, as more companies establish in-office mandates, according to a new report from CBRE. But only a “trickle” of tech tenants signed...
Fannie Mae chief economist sees house prices falling in 2023 and 2024 — here are the warning signs that prices will drop in your city

Fannie Mae chief economist sees house prices falling in 2023 and 2024 — here are the warning signs that prices will drop in your city

by Third Party | Jan 31, 2023 | Industry Updates, U.S. Housing Market

Source: MorningStar —  Doug Duncan of Fannie Mae predicts how housing market perform in 2023, and reveals why he believes prices will fall this year The real-estate sector is in a quandary. The housing market was a wild rollercoaster ride that ended with a big...
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