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Biden’s new dilemma: How to slash housing costs for low-income borrowers

Biden’s new dilemma: How to slash housing costs for low-income borrowers

by Third Party | Jul 9, 2021 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Politico —  President Joe Biden’s move to fire the top U.S. mortgage regulator is triggering calls from fellow Democrats to use the agency to expand access to loans for lower-income people, who have struggled to buy homes since the financial crisis....
With house prices through the roof, young buyers’ hopes go out the window

With house prices through the roof, young buyers’ hopes go out the window

by Third Party | Jul 9, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: The Guardian —  House prices are soaring and gazumping has returned in property hotspots. The average cost of a home jumped by 13.4% in June from the same month last year, according to Nationwide building society. This is more than four times the 3%...
What Problem? Canadian Boomers Love This Real Estate Market: Royal LePage

What Problem? Canadian Boomers Love This Real Estate Market: Royal LePage

by Third Party | Jul 8, 2021 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Better Dwelling —  Soaring home prices may be a pain for some generations, but not for Boomers. Royal LePage released the results of its 2021 Boomer Survey. The survey found the majority are homeowners, with many having most of their net worth in real...
Investing in Real Estate in 2021- A Detailed Approach

Investing in Real Estate in 2021- A Detailed Approach

by Third Party | Jul 8, 2021 | Industry Updates, News/Current Events, Real Estate Agent Tools

Source:Realty Biz News —  If you want to invest in real estate then probably now is the perfect time to do so. Though people are facing big-time financial issues, renting or selling out an investment property can save them big as real estate remains an appealing...
Demand for Life Sciences Lab Space Heats Up in 2021

Demand for Life Sciences Lab Space Heats Up in 2021

by Third Party | Jul 7, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: The World Property Journal —  According to a new report from CBRE, life-science lab space in the U.S. has emerged as a coveted sector of commercial real estate as hefty increases in funding and employment have fueled both demand for lab space and...
The housing affordability crisis is likely worse than you think

The housing affordability crisis is likely worse than you think

by Third Party | Jul 7, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Stuff—  A few years ago, an essay in the New Yorker began with this ominous opening line: “It is, I promise, worse than you think.” That story was about climate change, but the same sentiment applies to Aotearoa New Zealand’s housing market. Anyone...
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