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The last time houses were this unaffordable was 2006

The last time houses were this unaffordable was 2006

by Third Party | May 3, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Housing Wire —  Surging interest rates and home price appreciation made March one of the most challenging months for prospective homebuyers looking to make purchases, according to a recent report. Annual home price gains saw 19.9% annual appreciation in...
A Look at Kansas City’s Top Rated Real Estate Agents

A Look at Kansas City’s Top Rated Real Estate Agents

by Third Party | May 2, 2022 | Real Estate Agent Tools, Real Estate News

Source: Realty Biz News—  According to the most recent U.S. News & World Report profiling, the top real estate agents in Kansas City, Bryan Huff of Keller Williams leads a group of more than 4,800 professionals in the area. The report uses HomeLight figures...
Refinance volume has “dried up,” Old Republic says

Refinance volume has “dried up,” Old Republic says

by Third Party | May 2, 2022 | Industry Updates, Real Estate News

Source: Housing Wire —  While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp.’s president and CEO, Craig Smiddy decided to...
US home prices rose by nearly 20% year-over-year in February

US home prices rose by nearly 20% year-over-year in February

by Third Party | May 1, 2022 | Mortgage Information, Real Estate News

Source: CNN —  Prices rose 19.8% year-over-year in February, an even higher rate than the 19.2% growth seen in January, according to the S&P CoreLogic Case-Shiller US National Home Price Index.   Phoenix, Tampa and Miami reported the highest year-over-year...
Utah competition seeks big solutions to affordable housing

Utah competition seeks big solutions to affordable housing

by Third Party | May 1, 2022 | Industry Updates, Real Estate News

Source: Salt Lake Tribune —  The affordable housing crisis isn’t unique to Utah, but Utah may be the place to bring solutions together. A national rent report from Zumper indicates the cost of rent is rising nearly twice as quickly as it was last April. The U.S....
Housing industry getting hit by ‘perfect storm,’ billionaire real estate developer warns

Housing industry getting hit by ‘perfect storm,’ billionaire real estate developer warns

by Third Party | May 1, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Fox Business —  Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the “perfect storm.”   “We’re in the middle of a real estate boom like we haven’t seen in the...
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