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
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...
Home prices just broke a decade-long streak
Source: CNN Business --- Washington, DCCNN — The median price of a US home was lower this February than it was in February 2022, ending more than a decade of year-over-year increases, the longest on record, according to a National Association of Realtors report...
These Are the 10 Most Overpriced Housing Markets in the U.S. — 5 Are in Florida
Source: Yahoo! Sports --- Although the housing market is finally cooling down, there are some areas across the U.S. where the market remains hot, and buyers are still paying much more than homes are actually worth. Florida Atlantic University determined the most...
Scouting Albania: Is This Europe’s New Trendy Riviera?
Source: International Living --- I’ve never been anywhere as beautiful. It was almost a physical shock. A brass-knuckled punch to the gut that left me grasping for words. After years of scouting for the world’s best-value real estate—first for International Living,...
Dubai prime property prices cheaper by 80% compared to global cities, even after 2-year rise
Source: Zawya --- UAE - Prime property prices in Dubai are cheaper by 20 to 80 per cent when compared to major cities such as Monaco, Hong Kong, New York, London, Geneva, Paris, Beijing, Tokyo etc. despite a massive increase in rates during the post-pandemic period...
Real estate agent offers tips to compete in Columbus housing market
Source: 10 WBNS --- COLUMBUS, Ohio — Columbus real estate agents say the market isn’t slowing down anytime soon, even with the high price tags and high interest rates. To complete in today’s market, buyers have to get creative and make some compromises. Real estate...
Software Market for Real Estate Management Predicted to Reach Nearly $5B by 2031
According to the report published by Allied Market Research, the global property management software market generated $3 billion in 2021, and is estimated to reach $4.7 billion by 2031, witnessing a CAGR of 4.9% from 2022 to 2031. The report offers a detailed analysis...
Real Estate Investors Brace for a Liquidity Squeeze Amid Bank Sector Turmoil
Source: Wealth Management --- A firestorm among the banking sector, including the failures of Silicon Valley Bank and New York’s Signature and infusions of capital into First Republic Bank and Credit Suisse, has real estate investors scrambling to figure out what this...
National Real Estate Company under Investigation for Alleged Deception, Triggering New Legislation in NC
Real estate company MV Realty is under investigation, accused of scamming people into signing deceptive contracts with major financial consequences. The contracts in question are called "Homeowner Benefit Agreements." By signing the contract, a homeowner agrees...
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