Source: Click 2 Houston — HOUSTON – Home buyers feeling financially squeezed by higher interest rates are increasingly being steered by real estate agents and mortgage brokers to potentially riskier types of mortgages, similar to those seen ahead of the 2008...
Source: The Berkshire Edge — This month, Berkshire real estate professionals have been discussing home inventory, buyer demand and how an environment with rapidly changing mortgage interest rates may impact sales in the months ahead. At the close of the third...
Source: William Blair — Technological innovation is disrupting the residential real estate sector as investors and innovative companies seek to address all parts of the homebuying value chain and improve the experience of both real estate agents and consumers....
Source: Planetizen — Reporting for Bloomberg, Tracy Alloway and Joe Weisenthal examine the weirdness in today’s unprecedented housing market. “Yes, mortgage rates have shot up, crimping affordability. But at the same time, unlike in the era prior to 2008 and...
Source: Forbes — If you’re having trouble qualifying for a traditional mortgage, there may be another financing option available. A wraparound mortgage is a form of seller financing that’s designed to benefit both parties in the purchase. Buyers may have a...
Source: Yahoo Finance — While the world’s wealthiest people earn their money in a variety of ways, many add to their fortunes through investing in real estate, which typically appreciates in value. Tesla Inc. and SpaceX CEO Elon Musk, the world’s richest man,...
Hits and Misses for the Real Estate Week of June 22-26
