Source: Howard Hanna — Howard Hanna Mortgage Services is pleased to share the news about an exciting decrease in mortgage insurance premiums. Starting on March 20, 2023 the Federal Housing Authority (FHA) will reduce annual mortgage insurance premiums by 0.3...
Pending home sales improved in January for the second consecutive month, according to the National Association of Realtors. All four U.S. regions posted monthly gains but saw year-over-year drops in transactions. The Pending Home Sales Index (PHSI) — a...
Multifamily real estate investment firm Vive Funds says technology integration, sustainability and flexible leasing options are among the trends its experts are following in 2023. Data from Flex shows that 38% of U.S. renters – almost 40 million people...
Homes owned by Black families appreciated more than any others since the start of the pandemic, with the typical Black homeowner gaining nearly $84,000 in equity. Black Americans also made slight gains in homeownership rates, despite disproportionate job and income...
iBuyers, short for “instant buyers,” are companies that use technology and data analysis to make fast cash offers on homes, usually at a discount. The concept of iBuyers first emerged in the early 2010s as a response to the traditional home selling...
Source: SiLive.com — STATEN ISLAND, N.Y. — At the height of the coronavirus (COVID-19) pandemic, hordes of frenzied home buyers snapped up real estate at an alarming rate, swooping in with astounding all-cash offers to secure property in a rather...
Hits and Misses for the Real Estate Week of June 15-19
