Current News & Events

Does real estate take a winter holiday?

Does real estate take a winter holiday?

Source: Las Cruces Sun News --- Most people are aware that the spring and summer months are considered the “high season” for real estate sales. In most areas of the country, sales begin trending upward in April and May and remain brisk well into the summer months. The...

Real Estate newsletter: A $75-million hot-pink mega-mansion

Real Estate newsletter: A $75-million hot-pink mega-mansion

Source: LA Times --- Welcome back to the Real Estate newsletter. Someday, I’ll kick this off with good news (for buyers, anyway) and declare that home prices are plummeting and California is finally affordable. Today is not that day. This week, two new data sets...

How To Get Rid Of Private Mortgage Insurance (PMI)

How To Get Rid Of Private Mortgage Insurance (PMI)

Source: Forbes Advisor --- If you have to pay private mortgage insurance (PMI), you’re likely looking forward to the day your home equity hits 20% of the home purchase price so you can be released from PMI payments on your mortgage. Better yet, rising home values...

Exercise caution re: real estate

Exercise caution re: real estate

Source: Boothbay Register --- Dear Editor: Since the pandemic began, more people can work remotely so Maine in general, and the Boothbay region specifically, have become a magnet for people looking for a healthier lifestyle. Because of this significant change in the...

Zillow went on a Front Range home-buying binge

Zillow went on a Front Range home-buying binge

Source: Highlands Ranch Herald --- The collapse of online real estate giant Zillow’s venture into home buying and selling, announced Nov. 2, can be traced, in one small part, back to its over eagerness to invest in Colorado’s red-hot real estate market. The company...

3 Reasons You Might Regret Buying New Construction

3 Reasons You Might Regret Buying New Construction

Source: Motley Fool --- There are plenty of good reasons to purchase a newly built home. For one thing, you may get a chance to customize different features to suit your taste. And when you buy new construction, you get to move right in. You don't need to worry about...

Virtual real estate

Virtual real estate

Source: AMI Sun --- As the world moves closer and closer to virtual realities and artificial intelligence, no area of our lives will be unchanged. Real estate is and has always been a people-to-people business and based on Zillow’s recent experiment with automating...