Current News & Events
The State with the Highest Property Tax Is…
Homeowners in West Virginia paid the lowest average total real estate taxes at $1,044. Continue Reading The State with the Highest Property Tax Is…
New Charges Against Virginia Real Estate Agent Indicted for Construction Fraud
Two additional felony construction fraud charges were brought against Amy Argenbright last week on separate cases. Continue Reading New Charges Against Virginia Real Estate Agent Indicted for Construction Fraud
NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
“Home price increases are naturally good for homeowners,” stated Yun. Continue Reading NAR Chief Economist: Fed’s Last Rate Hike was Unnecessary
California County Beset by Fraudulent Real Estate Sales
The fraudsters identify vacant or lien-free properties and attempt to negotiate their sale. Continue Reading California County Beset by Fraudulent Real Estate Sales
Report: Ultra-Rich Buyers Purchasing Manhattan Office Buildings
Cash-strapped building owners are trying to sell them off at a discount. Continue Reading Report: Ultra-Rich Buyers Purchasing Manhattan Office Buildings
Person of the Week: Kelly Mangold, Principal at RCLCO Real Estate Consulting
“We’re seeing relatively strong conditions in the rental market, both in multifamily rentals as well as the build for rent single-family homes,” said Mangold. Continue Reading Person of the Week: Kelly Mangold, Principal at RCLCO Real Estate Consulting
Mortgage Credit Availability at 10-Year Low
“Government credit supply decreased for the third consecutive month,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability at 10-Year Low
Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
The $371,200 national median single-family existing-home price was down by a scant 0.2% from one year earlier. Continue Reading Q1 Existing Single-Family Home Sales Prices Up in 7 Out of 10 Metro Markets
Hackathon Aims to Remove Algorithmic Bias from Housing and Lending
The inaugural Tech Equity Hackathon will be held June 16–18 at American University in Washington, D.C. Continue Reading Hackathon Aims to Remove Algorithmic Bias from Housing and Lending
America First Credit Union Taps FirstClose for Home Equity Solution
The Utah-based America First is the nation’s fifth largest credit union in terms of membership. Continue Reading America First Credit Union Taps FirstClose for Home Equity Solution
Newark Program Sells City-Seized Properties for as Little as One Dollar
Buyers are limited to one property each under the program, which is administered by the nonprofit Neighborhood Assistance Corporation of America. Continue Reading Newark Program Sells City-Seized Properties for as Little as One Dollar
UK Lender to Reintroduce 100% Mortgage
The product is aimed at borrowers who have a “lack of access to the bank of mum and dad.” Continue Reading UK Lender to Reintroduce 100% Mortgage
