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This Isn’t A Housing Bubble — And That’s The Problem

This Isn’t A Housing Bubble — And That’s The Problem

by Third Party | May 3, 2021 | Industry Updates, Real Estate News

Source: Housing Wire —  Last year, during the throes of COVID-19, I expended many words arguing that the U.S. economy would be OK despite the dark period we were in. We just needed patience. We aren’t in a housing bubble. Today we are enjoying the most...
Supply of homes for sale fell by almost 30 percent year on year, the largest amount on record

Supply of homes for sale fell by almost 30 percent year on year, the largest amount on record

by Third Party | May 3, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: NBC News —  Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Large corporate landlords have filed 10,000 eviction actions in five states since September

Large corporate landlords have filed 10,000 eviction actions in five states since September

by Third Party | May 3, 2021 | News/Current Events, Real Estate News

Source: NBC News —  In early September, Cristina Velez lost her job running the staffing team on a Covid-19 treatment trial. Faced with a $2,440 rent bill on the Boca Raton, Fla., home she shares with her daughter, Velez began calling her landlord, Progress...
Do buyers stand a chance in this heated real estate market?

Do buyers stand a chance in this heated real estate market?

by Third Party | May 1, 2021 | Mortgage Information, Real Estate News

Source: OC Register —  I read with great interest last week, Leslie Eskildsen’s column on a relatively new residential listing class known as Registered Status. If your unfamiliar – as was I – here are the Clif notes. A seller hires a broker to sell his house by...
More than 600,000 Latinos bought a home with a mortgage in 2020

More than 600,000 Latinos bought a home with a mortgage in 2020

by Third Party | Apr 29, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: Scotsman Guide —  Over 600,000 Latinos bought a home using a mortgage in 2020, an increase of 13% from the previous year. That’s according to the 2020 State of Hispanic Homeownership Report, released this week by the National Association of Hispanic Real...
New home sales battle: mortgage rates vs. lumber supply

New home sales battle: mortgage rates vs. lumber supply

by Third Party | Apr 29, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire —  Today the Census Bureau reported that in March 2021, new home sales were at a seasonally adjusted annual rate of 1,021,000. This number beats estimates. Additionally, major positive revisions were made to the sales number of the previous...
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