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The Global Housing Market Is Broken, and It’s Dividing Entire Countries

The Global Housing Market Is Broken, and It’s Dividing Entire Countries

by Third Party | Sep 21, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Boomberg —  Soaring property prices are forcing people all over the world to abandon all hope of owning a home. The fallout is shaking governments of all political persuasions. It’s a phenomenon given wings by the pandemic. And it’s not just...
Real-Estate Agents Gear Up for Fight to Save Their Commissions

Real-Estate Agents Gear Up for Fight to Save Their Commissions

by Third Party | Sep 21, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: The Wall Street Journal —  The residential real-estate industry is bracing for a challenge to the commissions charged by its sales agents, one that could put downward pressure on the fees paid by home buyers and sellers. The Justice Department is...
New Mortgage Rule Aims to Stop Avoidable Foreclosures

New Mortgage Rule Aims to Stop Avoidable Foreclosures

by Third Party | Sep 20, 2021 | Industry Updates, Mortgage Information, News/Current Events

Source: Investopedia —  The Consumer Financial Protection Bureau (CFPB) has announced a new rule to help prevent foreclosures in situations where they can be avoided. The new rule, which went into effect on Aug. 31, requires that most mortgage servicers help...
Americans Haven’t Been This Down on Housing Market Since 1982

Americans Haven’t Been This Down on Housing Market Since 1982

by Third Party | Sep 20, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Yahoo Finance —  The last time Americans were this turned off by the U.S. housing market, borrowing costs were over five times the current rate. The share of people who think now is a good time to buy a home fell in September to 29%, extending the plunge...
Small increases in inventory returning to York County housing market

Small increases in inventory returning to York County housing market

by Third Party | Sep 20, 2021 | Industry Updates, News/Current Events

Source: York Dispatch —  York County Realtors are finally seeing a small increase in inventory floating back into the housing market. A lack of inventory, which has historically been a problem in York County for years, was worsened by the COVID-19 pandemic....
Why the U.S. Housing Market Might Be Better for Buyers in 2022

Why the U.S. Housing Market Might Be Better for Buyers in 2022

by Third Party | Sep 19, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Home Buying Institute —  It’s no secret that home buyers in the U.S. have had a tough time in 2021. Tight inventory commissions and fast-rising prices have presented challenges for buyers all across the country. Now, as we approach the fall of 2021, many...
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