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270,000 homebuyers who bought in 2022 are underwater on their mortgage

270,000 homebuyers who bought in 2022 are underwater on their mortgage

by Third Party | Dec 9, 2022 | News/Current Events, Real Estate News

Source: Yahoo! News —  About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60% had mortgages...
As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform

by Third Party | Dec 7, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: TechCrunch —  The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings...
9 Most Common Benefits of Homeownership

9 Most Common Benefits of Homeownership

by John G. Stevens | Dec 6, 2022 | Mortgage Information, Real Estate News

When it comes to buying a home, there are numerous perks that you should consider—financial stability, financial strength, and tax deductions, to name a few. Also, owning a house means you have a permanent home and, most importantly, a sense of belonging in your...
Should You Use a Buyer’s Agent?

Should You Use a Buyer’s Agent?

by Third Party | Dec 6, 2022 | Real Estate Agent Tools, Real Estate News

Source: US News —  Buying a house can be one of the most difficult and complicated purchases you make in your lifetime. Not only is the amount of money you’re dealing with substantial, the many, many legal ins and outs of real estate transactions can be...
2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why.

2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why.

by Third Party | Dec 6, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Crossroads Today —  2022 wasn’t a fantastic year for investors across the board. The stock market fell 16% year over year, with several dips into bear market territory. Real estate didn’t fare much better. The median home price reached its highest point...
4 Housing Truths Buyers and Sellers Are Struggling to Face

4 Housing Truths Buyers and Sellers Are Struggling to Face

by Third Party | Dec 5, 2022 | Real Estate Agent Tools, Real Estate News

Source: The Ascent —  It’s been a wild couple of years for the housing market. For starters, home values have climbed since the buying boom that started not long after the COVID-19 pandemic hit the U.S. in spring 2020. According to data from the Federal...
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