Source: The Wall Street Journal — U.S. home prices in May experienced their biggest annual increase in more than two decades, as a shortage of properties and low borrowing rates fueled demand. The median existing-home sales price in May topped $350,000 for the...
Source: Financial Advisor Magazine — If you’re in the market for a new home, be prepared for a bidding war because it’s a seller’s market. Prospective homebuyers across the U.S. are shelling out big bucks for homes during the pandemic, with remote workers and...
Source:Portland Business Journal — A Portlander needs to earn $86,833 a year to afford a home in the metro area, a number that increased 7.5% since last year, according data from HSH.com. That puts the city at No. 11 among the most-expensive metro areas in...
Source:The Wall Street Journal — The Federal Housing Administration is relaxing the way it assesses student-loan debt when weighing eligibility for homebuying assistance as the Biden administration pushes to help lower-income borrowers and narrow a racial gap...
Source: Real Estate Weekly — Eugene H. Webb, the co-founder and chairman of one of Harlem’s most successful real estate brokerage firms, has died at the age of 102. Born in Red Level, Alabama, on November 24, 1918, during the Spanish Flu pandemic that killed...
