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U.S. Condo Prices Jump to New Record Highs in 2022

U.S. Condo Prices Jump to New Record Highs in 2022

by Third Party | Apr 3, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: World Property Journal —  National property broker Redfin is reporting this week the typical U.S. condo sold for a record $319,000 in February 2022. That’s up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic...
Mortgage delinquencies rose for the first time in 9 months. Here’s what that means for the housing market.

Mortgage delinquencies rose for the first time in 9 months. Here’s what that means for the housing market.

by Third Party | Apr 2, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Market Watch —  Mortgage delinquencies are on the rise. Indeed, in February, the national delinquency rate rose for the first time in 9 months, largely driven by a 97,000 rise in early-stage delinquencies — or those that were 30 – 60 days past due,...
US construction tech firms brace for increased cyberattacks

US construction tech firms brace for increased cyberattacks

by Third Party | Apr 1, 2022 | Industry Updates, News/Current Events

Source: Construction Dive —  Cybersecurity experts caution against something far more foundational than ransomware attacks or private data thefts when it comes to threats in the construction sector: Their eyes are on the security of building materials.  ...
March 2022 Monthly Housing Market Trends Report

March 2022 Monthly Housing Market Trends Report

by Third Party | Apr 1, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Realtor —  Realtor.com®’s March housing data release reveals that the one-two-punch of rising interest rates and all-time high listing prices has moderated demand for homes. A decline in the churn of listings, consistent with recent slow-downs as...
What is a housing bubble? Answering your questions as housing market spikes, raises concerns

What is a housing bubble? Answering your questions as housing market spikes, raises concerns

by Third Party | Apr 1, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: USA Today —  America’s real estate market may be showing signs of a housing bubble as prices become “unhinged from fundamentals,” according to the authors of a blog post published by the Dallas Federal Reserve Bank. House prices can fall out of...
Climate change could change property values, real estate

Climate change could change property values, real estate

by Third Party | Apr 1, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Bend Bulletin —  When Miyuki Hino bought a house in Chapel Hill, North Carolina, in 2020, she checked an online map that showed the damage caused by Hurricane Matthew in 2016 to evaluate the neighborhood. “We wanted to know our flood risk before buying,...
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