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How state governments are reimagining American public housing

How state governments are reimagining American public housing

by Third Party | Aug 5, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Vox —  What if one of the answers to America’s housing crisis is something that’s been staring us in the face? Public housing — but not exactly the kind most people think of. Even before the pandemic, the nation had too few homes available to buy or...
Current Mortgage Interest Rates: August 4, 2022—Mortgage Rates Trend Higher

Current Mortgage Interest Rates: August 4, 2022—Mortgage Rates Trend Higher

by Third Party | Aug 5, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Forbes —  Today, the average rate on a 30-year fixed mortgage is 5.54%, according to Bankrate.com, while the average rate on a 15-year mortgage is 4.80%. On a 30-year jumbo mortgage, the average rate is 5.54%, and the average rate on a 5/1 ARM is 4.16%....
Real estate company La Rosa Holdings slashes unit offering by 53% ahead of $7 million IPO

Real estate company La Rosa Holdings slashes unit offering by 53% ahead of $7 million IPO

by Third Party | Aug 4, 2022 | Industry Updates, News/Current Events

Source: Renaissance Capital —  La Rosa Holdings, a Florida-based residential real estate brokerage franchise, lowered the proposed deal size for its upcoming IPO on Wednesday. The Celebration, FL-based company now plans to raise $7 million by offering 0.7...
Mortgage applications inch up for the first time in five weeks

Mortgage applications inch up for the first time in five weeks

by Third Party | Aug 4, 2022 | Industry Updates, Mortgage Information, News/Current Events, U.S. Housing Market

Source: CNBC —  Mortgage applications inched up last week for the first time since June 24. Total mortgage demand increased 1.2% as the average 30-year fixed mortgage rate made the largest weekly drop since 2020. Applications to refinance a home rose 2%,...
Omaha commercial real estate summit to address changing industry

Omaha commercial real estate summit to address changing industry

by Third Party | Aug 4, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Omaha Daily Herald —  The commercial real estate world is changing by the day with rising interest rates, supply chain delays and re-envisioning the modern office space.  Professionals in the industry will gather for the annual Commercial Real Estate...
The rise of high-tech real estate investing platforms and their effect on housing affordability

The rise of high-tech real estate investing platforms and their effect on housing affordability

by Third Party | Aug 4, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Geek Wire —  Real estate tech startups are making it easier for people to invest and manage property. But critics argue that these software companies and their business models are gobbling up the limited amount of available housing in the process,...
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