Current News & Events
Ex-Realtor Association CEO Arrested on Grand Theft Charges
Jennifer Garula-Mers cost EPCAR a total loss of $81,453.92. Continue Reading Ex-Realtor Association CEO Arrested on Grand Theft Charges
A Pair of San Francisco Hotels Sold at Steep Discount
The hotels account for nearly 10% of San Francisco’s lodging units. Continue Reading A Pair of San Francisco Hotels Sold at Steep Discount
A new scam is hitting Richmond’s housing market
Source: Axios Richmond --- Local real estate associations are sounding the alarm on a new scam hitting the market: fraudulent listings of real lots and homes that aren't actually for sale. Why it matters: This latest scam targets real estate agents and has resulted in...
The Top Real Estate Companies in Maine
Source: US News --- Known for its glorious fall foliage and quaint coastal towns, Maine is a state that attracts homebuyers with all sorts of budgets. The average home value in Maine is around $345,000, according to Zillow. That's about a 10% increase from a year...
US housing market on a downward slop as buyers and sellers contend with a fresh spike in mortgage rates
Source: TDPel Media --- Consumer confidence in the US housing market reached a near all-time low in February due to a new surge in mortgage rates and growing anxiety about job security. Fannie Mae’s monthly Home Purchase Sentiment Index fell by 3.6 points to 58.0 in...
More Declines Ahead for U.S. Housing Market After Dead Cat Bounce?
Source: Investing.com --- The U.S. housing market is currently the least affordable in at least 25 years. Affordability is, generically, the ratio of monthly income vs. the median price of a home. Essentially the degree to which a potential home buyer can afford the...
House Bill introduced in Texas Aims to Reduce Wait Times for Development Permits
A bill introduced in the Texas House aims to cut down on development permitting backlogs across the state by offering alternatives if local authorities don’t make a decision on them within a specific time frame. House Bill 14 would require regulatory...
Housing Rents Drop to Lowest Level in Over a Year
The median U.S. asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Rents were up nearly...
Why There Are No Houses to Buy in Many U.S. Metro Areas
Source: Time --- Mortgage rates are rising, and the housing market appears to be softening nationwide. But in many U.S. markets, would-be buyers are facing a big problem: there’s just nothing to buy. Housing inventory—the number of homes on the market—has been falling...
Confidence in the US housing market is approaching an all-time low
Source: New York Post --- Consumer confidence in the US housing market approached an all-time low in February as buyers and sellers contend with a fresh spike in mortgage rates and mounting anxiety about job security. Fannie Mae’s monthly Home Purchase Sentiment Index...
High Country Real Estate Part IV: Everything is Relative
Source: High Country Press --- It’s hard to miss all the doom and gloom in the media regarding the economy lately. Traditionally, when the media evaluates the economy they talk about two things: unemployment and the housing market. However, the pandemic from 2020...
Long-distance real estate investment in residential properties a hotbed in US South and Midwest
Source: Fox Business --- The rising cost of living and long-term price increases of residential properties in U.S. coastal markets is pushing out-of-state real estate investors into America’s southern and Rust Belt cities. Metropolitan areas including San...
Recent Posts
Median Asking Monthly Rent Posts 35th Straight Month of Annual Declines- Greystar Accused of Widespread Fair Housing Discrimination
- Former Lennar Co-CEO Rick Beckwitt Joins Dream Finders Homes as Co-Chairman…
- Q2 Retail Construction Activity Mostly Flat
- Tripti Kasal Named CEO of Women’s Council of Realtors
