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Mortgage rates are up, sales of homes are down

Mortgage rates are up, sales of homes are down

by Third Party | Oct 12, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: NPR —  AILSA CHANG, HOST: The U.S. housing market today looks very different from the frenzied market of about a year ago. Sales of existing homes dropped for the seventh month in a row as of September. Builders are breaking ground on fewer new homes now...
Hackers Target Eager Homebuyers With a Dumb Scam That Keeps Working

Hackers Target Eager Homebuyers With a Dumb Scam That Keeps Working

by Third Party | Oct 11, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Bloomberg —  For weeks, the Secret Service agent had been trying to identify the scammers moving millions of stolen dollars through banks around the New York tri-state area. His quest had begun on a quiet afternoon in May 2020, when the streets of New...
Housing bust or first to adjust? What’s actually happening in Boise, Idaho

Housing bust or first to adjust? What’s actually happening in Boise, Idaho

by Third Party | Oct 10, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Deseret News —  At the height of the pandemic housing frenzy, Boise was not just discovered. It was flooded with buyers. That’s when housing market hawks first locked on to the Idaho metro for its eye-popping price increases. Since then, fascination with...
Sizing up the booming global market for trophy real estate

Sizing up the booming global market for trophy real estate

by Third Party | Oct 10, 2022 | Industry Updates, Real Estate News

Source: The Real Deal —  A mansion in Dubai won’t be completed until next year, but it already holds the title of the emirate’s priciest home. A mystery buyer recently dropped 302.5 million dirhams — the equivalent of $82.4 million — for a villa on Dubai’s Palm...
5 Ways To Use Virtual Reality In Your Real Estate Business

5 Ways To Use Virtual Reality In Your Real Estate Business

by Third Party | Oct 10, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Forbes —  Virtual reality (VR) has been the next big thing in real estate for a few years now, and there is still so much untapped potential. According to research conducted by The Insight Partners, the value of the global VR market was $27.96 billion in...
These regions have the most untapped real estate potential

These regions have the most untapped real estate potential

by Third Party | Oct 10, 2022 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: News Advocate —  Some regions of the U.S. have had hotter housing markets than others, but inflation and higher interest rates have caused a general cooling-off trend in real estate prices. Before the COVID-19 pandemic, homebuilders primarily focused on...
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