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BMO Expands its Down Payment Program

BMO Expands its Down Payment Program

by Rick Grant | Mar 8, 2023 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market, WRE News Exclusive

BMO says it will commit $1 million to expand its Welcome Home Grant down payment program to five new markets including Minneapolis, Milwaukee, St. Louis, Indianapolis, and Lake County, IL – Kenosha County, WI. The bank said its efforts would help underserved...
Metro Atlanta housing market remains elevated, despite tighter inventory

Metro Atlanta housing market remains elevated, despite tighter inventory

by Third Party | Mar 8, 2023 | Real Estate News, U.S. Housing Market

Source: WSB-TV —  ATLANTA — New numbers show January got an unexpected 8% increase in homes going under contract. Buyers were jumping on mortgage rates that dropped. But, Channel 2′s Justin Farmer learned in the metro Atlanta area, home prices remain elevated...
Guest Essay: Sally Mabadi on real estate, property values and the new Ryan Field

Guest Essay: Sally Mabadi on real estate, property values and the new Ryan Field

by Third Party | Mar 8, 2023 | Real Estate News, U.S. Housing Market

Source: Evanston Round Table —  Author’s note: This article addresses one topic that has been raised about the new Ryan Field; it is not designed to address all of the open issues that need to be resolved between the city and Northwestern University. The author...
7 economists and real estate pros on what to expect in the housing market this spring

7 economists and real estate pros on what to expect in the housing market this spring

by Third Party | Mar 8, 2023 | Real Estate News, U.S. Housing Market

Source: Market Watch —  2022 saw higher home prices and higher mortgage rates that sidelined many buyers. So what’s in store for spring 2023?  Here are more predictions from pros. Prediction 1: Mortgage rates are a wildcard “Buyers who had been sitting on the...
What are the 25 least expensive states to live in?

What are the 25 least expensive states to live in?

by Third Party | Mar 7, 2023 | Real Estate Agent Tools, U.S. Housing Market

Source: WIBX —  The cost of living is critical when deciding where to live, work, and do business. When housing, food, transportation, health care, clothing, and entertainment are more expensive, people need to earn more to maintain the standard of living they...
Housing affordability hits historic low, according to report

Housing affordability hits historic low, according to report

by Third Party | Mar 7, 2023 | Real Estate News, U.S. Housing Market

Source: News Nation —  (The Hill) — Fewer than a quarter of homes listed for sale nationwide qualified as affordable for the typical U.S. household, according to a new report shared exclusively with The Hill. The report, released Friday by real estate brokerage...
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