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YEAR-END OUTLOOK: CLIMBING MORTGAGE RATES STRAIN BUYING POWER IN 2022

YEAR-END OUTLOOK: CLIMBING MORTGAGE RATES STRAIN BUYING POWER IN 2022

by Third Party | Nov 7, 2021 | Industry Updates, Mortgage Information

Source: Ris Media—  Homeowners will likely look at the past year of mortgage rate performance with fondness or even regret as the days of historic lows fade. Based on recent Freddie Mac reports, 30-year fixed-rate mortgages (FRM) at 3.14%, are breaking from...
City housing report shows rising mortgage, rental costs

City housing report shows rising mortgage, rental costs

by Third Party | Nov 7, 2021 | Industry Updates, Mortgage Information

Source: IDS News —  The Bloomington City Council discussed some of the current challenges of increasing home-owner and renter costs facing Bloomington residents regarding renting and home ownership Wednesday. In a comprehensive housing report from the City of...
‘eBay for residential real estate investors’: Local realtor launches new investment marketplace

‘eBay for residential real estate investors’: Local realtor launches new investment marketplace

by Third Party | Nov 6, 2021 | Industry Updates, News/Current Events

Source: Biz Journals —  After finding himself awash with hundreds of transactions, local realtor Josh DeShong looked to create what he describes as the “eBay for residential real estate investors.”  Following a nearly seven-month beta testing phase, DeShong...
The 10 Green Building Principles aiming to get real estate to net-zero

The 10 Green Building Principles aiming to get real estate to net-zero

by Third Party | Nov 6, 2021 | Industry Updates, Real Estate News

Source: World Economic Forum —  Net zero commitments have surged this year as cities, investors, businesses and educational institutions signal their intent to help create a more sustainable future. This shared ambition, boosted by the UN’s Race to...
Real estate startup Cadre rakes in more than $300 million from sales of three apartment complexes

Real estate startup Cadre rakes in more than $300 million from sales of three apartment complexes

by Third Party | Nov 5, 2021 | Industry Updates, Real Estate News

Source: Fortune —  Led by a prodigious millennial founder, financially backed by both Kushner brothers, and deploying a sophisticated tech platform, real estate tech startup Cadre has garnered ample attention in recent years.  The company has promised to...
State officials warn of real estate scams

State officials warn of real estate scams

by Third Party | Nov 5, 2021 | Industry Updates, News/Current Events

Source: Livingston County News —  Residents are being alerted to real estate and rental scams by the New York State Department of State and the Division of Consumer Protection. The scammers work to steal prospective tenants’ money when they are looking to rent a...
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