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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,...
Mapped: The Salary You Need to Buy a Home in 50 U.S. Cities

Mapped: The Salary You Need to Buy a Home in 50 U.S. Cities

by Third Party | Aug 3, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, U.S. Housing Market

Source: Visual Capitalist —  This is the Salary You Need to Buy a Home in 50 U.S. Cities Depending on where you live, owning a home may seem like a far off dream or it could be fairly realistic. In New York City, for example, a person needs to be making at least...
Pablo Quintanilla: The Ghosts of Home Ownership

Pablo Quintanilla: The Ghosts of Home Ownership

by Third Party | Aug 3, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: KQED —  Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals. That’s...
Total Household Debt Surpasses $16 trillion in Q2 2022; Mortgage, Auto Loan, and Credit Card Balances Increase

Total Household Debt Surpasses $16 trillion in Q2 2022; Mortgage, Auto Loan, and Credit Card Balances Increase

by Third Party | Aug 3, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: New York Fed —  NEW YORK – The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit. The Report shows an increase in total household debt in the second quarter of 2022,...
6-month period brings financial storm for many

6-month period brings financial storm for many

by Third Party | Aug 3, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Pensions And Investments —  Defined contribution money managers, like their plan sponsor clients and the millions of U.S. workers who save for retirement with them, are navigating a much different world in mid-2022 than they did at the end of 2021....
Office leasing slows in one of the city’s major business districts

Office leasing slows in one of the city’s major business districts

by Third Party | Aug 2, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Politico —  Visitors are returning to Lower Manhattan, boosting area hotels and retail — but more than two years into the pandemic, office vacancies remain high and asking rents are inching down in one of the city’s major business districts. A new...
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