Current News & Events
Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
New home sales rose for the third month in a row
Source: CNN Business --- New home sales rose in February, climbing for the third month in a row as mortgage rates eased off their highs of the past year and buyers looked to new construction amid historically low inventory of existing homes for sale. Sales of newly...
Explained: Vietnam’s Real Estate Market Turmoil
Source: Vietnam Briefing --- Vietnam’s real estate market has fallen on hard times with sales down, capital scarce, and many projects slowing to a halt. But it’s not all doom and gloom with foreign investors well poised to benefit from the current downturn. In this...
Japan real estate sees signs of global investors shying away
Source: Nikkei Asia --- TOKYO -- Money from international investors helped fuel a sharp rise in Japanese property values, but the inflow of funds has slowed recently amid stress in the financial markets. Japanese land prices jumped at the fastest rate in 15 years,...
How the Luxury Real Estate Market Differs from Traditional Real Estate
Luxury real estate is a coveted market in the real estate industry, but selling in this space takes more than having a connection to a high-value home. Continue Reading How the Luxury Real Estate Market Differs from Traditional Real Estate
Who’s still buying real estate in the metaverse?
Source: Fast Company --- Higher mortgage rates have quashed the housing boom of the past few years—and on Tuesday, the National Association of Realtors said that in February, home prices were lower in a year-over-year comparison for the first time in almost 11 years....
This One Rookie Homebuyer Move Drives Real Estate Agents Crazy
Source: Realtor.com --- Most homebuyers understand the perils of making a financial misstep like buying more house than they can afford or ending up with a money pit that requires unexpected, big-budget repairs. After all, buying a home is likely the most important...
New Home Sales in Texas Remain Strong as “Days on Market” Rise
The new home market across Texas is seeing homes stay on the market longer and a moderate softening of average prices as the market “seeks balance,” according to the monthly HomesUSA.com New Home Sales Report released today by HomesUSA.com CEO Ben Caballero. ...
87% of All Real Estate Agents Are Out of The Business in Less Than 5 Years – Redefining the Real Estate Industry: RealEstateAgentBid.com
Source: Yahoo! Finance --- SEATTLE, March 21, 2023 /PRNewswire/ -- Real Estate Agent Bid, Inc. announced the launch of its first-to-market real estate digital platform, which went live on March 1, 2023. RealEstateAgentBid.com ("the platform") was founded by Chad Link,...
U.S. existing home sales rebound; year-over-year house prices fall
Source: Nasdaq --- WASHINGTON, March 21 (Reuters) - U.S. existing home sales increased for the first time in a year in February as a decline in prices on an annual basis pulled buyers back into the market, further evidence that the housing market was stabilizing at...
After banking crisis, the housing market faces even more uncertainty
Source: Marketplace --- New data from the National Association of Realtors showed a 14.5% increase in home sales in February, a huge increase relative to expectations. Existing home sales have gone down consistently every month for an entire year now. Inventory has...
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