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A Housing Crisis Has More Politicians Saying Yes to Developers

A Housing Crisis Has More Politicians Saying Yes to Developers

by Third Party | Oct 19, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: New York Times —  For years, elected officials from across the political spectrum in New York City have scored points by attacking a common enemy: Real estate developers. Politicians routinely quashed projects. Some officials argued they were protecting...
Dave Ramsey Warns of a Dangerous ‘Plot Twist’ You Could Face With Rent-to-Own Homes. Here’s What It Is

Dave Ramsey Warns of a Dangerous ‘Plot Twist’ You Could Face With Rent-to-Own Homes. Here’s What It Is

by Third Party | Oct 19, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

Source: The Motley Fool —  Rent-to-own is one approach to buying a home, but it’s not a conventional approach. Basically, if you opt for a rent-to-own arrangement, you enter into an agreement with a property owner that enables you to purchase the property...
Home buyers turn to riskier loans as interest rates soar

Home buyers turn to riskier loans as interest rates soar

by Third Party | Oct 18, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Click 2 Houston —  HOUSTON – Home buyers feeling financially squeezed by higher interest rates are increasingly being steered by real estate agents and mortgage brokers to potentially riskier types of mortgages, similar to those seen ahead of the 2008...
Mortgage rates could continue rise to 8.5%: NAR

Mortgage rates could continue rise to 8.5%: NAR

by Third Party | Oct 18, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: The Real Deal —  Mortgage rates could climb another 1.5 percentage points, according to a leading economist. National Association of Realtors chief economist Lawrence Yun predicted that interest rates could be on their way to 8.5 percent if they pass a...
New factors are influencing the residential real estate market

New factors are influencing the residential real estate market

by Third Party | Oct 18, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: The Berkshire Edge —  This month, Berkshire real estate professionals have been discussing home inventory, buyer demand and how an environment with rapidly changing mortgage interest rates may impact sales in the months ahead. At the close of the third...
Got $5? These startups allow for investments in slices of real estate

Got $5? These startups allow for investments in slices of real estate

by Third Party | Oct 17, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Tech Crunch —  Although real estate is the world’s biggest asset class, it is largely inaccessible to non-institutional investors. The large sums of capital often required for an individual to purchase property combined with the industry’s reliance on...
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