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U.S. Commercial Lending to Hit $895 Billion in 2022, Despite Higher Rates

U.S. Commercial Lending to Hit $895 Billion in 2022, Despite Higher Rates

by Third Party | May 14, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: World Property Journal —  According to a recently updated forecast released by the Mortgage Bankers Association, total U.S. commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion of total lending...
U.S. Multifamily Sector Enjoying a Record-Setting Year in 2022

U.S. Multifamily Sector Enjoying a Record-Setting Year in 2022

by Third Party | May 13, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: World Property Journal —  Based on a new report by CBRE, the U.S. multifamily sector saw strong momentum at the start of 2022, with robust demographic trends underpinning record leasing activity, rent growth and investment during the first quarter....
Fewest homeowners underwater on their mortgages in more than 12 years

Fewest homeowners underwater on their mortgages in more than 12 years

by Third Party | May 13, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Scotsman Guide —  According to CoreLogic’s most recent Homeowner Equity Report, U.S. homeowners with mortgages saw their equity grow by 29.3% year over year in fourth-quarter 2021, an average gain of $55,300 per borrower. Collectively, these homeowners...
Let’s be a HERO and  hold it together – or try for our clients!

Let’s be a HERO and hold it together – or try for our clients!

by Debbie Bloyd | May 13, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools, Real Estate News

Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or  [email protected] Everyone is stressed out about finding a house then moving!!!!  I have a client now that is just stressed out of her mind …… did I say...
How to Buy a House for Sale by Owner

How to Buy a House for Sale by Owner

by Third Party | May 13, 2022 | Industry Updates, Real Estate News

Source: Nerdwallet —  Most home sellers work with real estate agents to list and market their properties and negotiate with buyers. But about 7% of sellers skip hiring an agent and list their homes “for sale by owner,” or FSBO, according to a...
Housing Market Update: Shrinking Pool of Buyers Snatch Up Homes at Record Pace

Housing Market Update: Shrinking Pool of Buyers Snatch Up Homes at Record Pace

by Third Party | May 13, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  The typical home for sale found a buyer in 15 days, the fastest pace on record, during the four-week period ending May 8. Meanwhile, pending sales fell 6%, the largest year-over-year decline since June 2020 when the initial pandemic shock to...
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