Current News & Events
Bank of England Opts to Hold Rates Steady
The Monetary Policy Committee voted 5-4 not to cut rates at a time when the UK’s annual rate of consumer price inflation stood at 3.8%. Continue Reading Bank of England Opts to Hold Rates Steady
Report: Increasing Number of VA Loans Being Used in Homebuying
Nationwide, the number of VA loans rose 3% year-over-year in August, while the number of conventional loans declined 9%. Continue Reading Report: Increasing Number of VA Loans Being Used in Homebuying
Opinion: Changing real estate compensation harms fair housing
Source: Housing Wire --- Critics argue that prospective homebuyers should pay real estate agents directly out of pocket — as opposed to the more common practice of the listing broker paying the buyer broker’s compensation. What those critics fail to account for are...
Real estate firm turns in documents in Trump civil probe
Source: Axios --- A commercial real estate firm said Monday that it has turned over some 36,000 documents on its appraisal of Trump Organization properties to the New York Attorney General's office.
Can you refinance a seller-financed mortgage?
Source: The Mortgage Reports --- Some home buyers get their mortgage loans from the home’s seller — not from a mortgage lender. This kind of financing, known as “owner financing” or “seller financing,” can help buyers who don’t meet standard mortgage guidelines at the...
OPINION: Help available for Cherokee homeowners facing hardship due to pandemic
Source: Cherokee Phoenix --- All families deserve to live in safety and dignity, without fear of losing their homes. During the economic uncertainty caused by the COVID-19 pandemic, some Cherokee homeowners fell behind on their mortgages or slipped into financial...
Thinking of Buying? These Cities Are Among the Fastest-Cooling Housing Markets in the Country
Source: The Motley Fool --- As potential home buyers think twice about whether now is the right time to buy, sellers in some areas are dropping their prices. The red-hot housing market ushered in by the pandemic is now cooling. And according to Redfin, the areas of...
Renting isn’t always the wrong choice: Here are 4 reasons it could save you money
Source: USA Today --- Put aside the idea that you must own a home. I'm convinced that a group of real estate agents or builders' organizations played a role in planting the idea that homeownership is a key ingredient in achieving the American Dream. Last month, my...
A lighthouse, a log cabin, and a schoolhouse: These quirky home listings cost less than the average home in the U.S.
Source: Fortune --- While the housing market is contracting and mortgage rates are jumping, the average home in the U.S. still cost over $440,000 in the second quarter of 2022, according to the St. Louis Fed. That’s not cheap—and homes that have their own unique look...
5 tips for novice house flippers
Source: Washington Blade --- If you still use Facebook, you know that there is a group for everything, from different breeds of dogs and cats to silly games that lead to data mining of your information for business or nefarious purposes, to groups that offer advice on...
5 Strategies To Win a Bidding War That Have Nothing To Do With Offering More Money
Source: Realtor.com --- Today’s homebuyers are all too familiar with bidding wars. The low inventory and high demand we’ve seen over the past couple of years have forced many multiple-offer situations with buyers doing anything they can to stand out from the pack....
Buying a home is scary, and we bet these are your biggest fears
Source: IOL --- Starting the hunt for that first property is a thrilling journey that leads to so many benefits for owners, but there are also many worries and possible hurdles. From knowing which properties to view and what to offer, to navigating the process and...
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