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Pending home sales unexpectedly break six-month losing streak in May

Pending home sales unexpectedly break six-month losing streak in May

by Third Party | Jun 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Fox Business —  On a regional basis, contract signings jumped 15.4% month over month in the Northeast, increased 0.2% month over month in the South, fell 1.7% month over month in the Midwest and contracted 5% in the Midwest. The figures mark...
Two Reasons Why Today’s Housing Market Isn’t a Bubble

Two Reasons Why Today’s Housing Market Isn’t a Bubble

by Third Party | Jun 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Keeping Current Matters —  You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over...
Hottest US Housing Markets Now Have Bigger Share of Price Cuts

Hottest US Housing Markets Now Have Bigger Share of Price Cuts

by Third Party | Jun 28, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Yahoo Finance —  (Bloomberg) — US cities that saw some of the biggest jumps in home prices during the pandemic now have the largest shares of price cuts, according to data compiled by Zillow Group Inc. Overall, the proportion of active real estate...
Worried About a Housing Market Crash? The Smartest Real Estate Investors Know These 3 Things.

Worried About a Housing Market Crash? The Smartest Real Estate Investors Know These 3 Things.

by Third Party | Jun 27, 2022 | Industry Updates, Real Estate News

Source: The Motley Fool —  Aside from the Great Recession, the last major housing crash was in the 1930s and 1940s during World War II. Crashes are far less common than many think, but the recent scar of the Great Recession has left many worried that we are in a...
Will 40-Year Mortgages Become a Thing? Here’s What Real Estate Experts Say

Will 40-Year Mortgages Become a Thing? Here’s What Real Estate Experts Say

by Third Party | Jun 27, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Apartment Therapy —  A global pandemic followed up by a looming recession is the kind of once-in-a-lifetime double whammy that can really rock your financial confidence. Now, as interest rates spike, it raises the question: Could a 40-year mortgage...
New-home sales post a May surprise with an 11% monthly gain

New-home sales post a May surprise with an 11% monthly gain

by Third Party | Jun 27, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Scotsman Guide —  Friday’s new residential sales report from the U.S. Census Bureau brought some surprising good news, as new single-family home sales jumped 10.7% monthly to a seasonally adjusted annual rate of 696,000 units in May. The gain was very...
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