Current News & Events
Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
The bill is now before the Select Committee on Property Taxes. Continue Reading Florida Lawmaker Introduces Bill That Eliminates Nearly All Property Taxes
Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
The terms of the deal were not disclosed. Continue Reading Mortgage Cadence Acquired by Enterprise Software Group PartnerOne
Living in the Big City: How Much Space Does the New Median Home Price Get You in the 100 Largest U.S. Cities?
Source: Point2 --- The end of March marked the beginning of a new era in home prices: After a whopping 26.5% year-over-year jump, the median listing price landed at $405,000. Also on the rise is the average square footage of new single-family homes. According to...
U.S. Home Price Growth Exceeds 20 Percent Annually in March
Source: World Property Journal --- According to CoreLogic's latest CoreLogic Home Price Index and Forecast for March 2022, U.S. home prices continued to post significant year-over-year gains in March 2022, up by 20.9%, another record high. Even with the past year's...
Fed raises interest rates by 0.50%, largest move since 2000
Source: Yahoo Finance --- The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will further raise borrowing costs throughout...
How and Why to Refinance Your Mortgage
Source: Nerdwallet --- Definition of mortgage refinance A mortgage refinance replaces your current home loan with a new one. Often people refinance to reduce the interest rate, cut monthly payments or tap into their home’s equity. Others refinance a home to pay off...
Real estate expert on whether home prices could come down amid Fed rate hikes
Source: Fox Business --- First American Financial Corporation chief economist Mark Fleming discussed where he believes home prices are going amid expected rate hikes from the Federal Reserve as a way to tame surging inflation. Fleming, who leads an economics team...
Million-Dollar Lake Homes in Montana and Idaho Sell For Double What They Did Two Years Ago
Source: WSJ --- This week, The Wall Street Journal’s Mansion section is rolling out stories from our special waterfront issue. Be sure to check out this one on homeowners trading beaches for lagoons, why you should consider getting a special inspection for your...
The New Rules of What It’ll Truly Take To Save Up for a House Today
Source: Realtor.com --- If you’re saving for a down payment for a home—particularly your first—you probably know this is one tricky real estate moment. With inflation sending prices spiraling, mortgage interest rates ticking up, and biddings wars on homes more the...
The last time houses were this unaffordable was 2006
Source: Housing Wire --- Surging interest rates and home price appreciation made March one of the most challenging months for prospective homebuyers looking to make purchases, according to a recent report. Annual home price gains saw 19.9% annual appreciation in...
A Look at Kansas City’s Top Rated Real Estate Agents
Source: Realty Biz News--- According to the most recent U.S. News & World Report profiling, the top real estate agents in Kansas City, Bryan Huff of Keller Williams leads a group of more than 4,800 professionals in the area. The report uses HomeLight figures on...
Refinance volume has “dried up,” Old Republic says
Source: Housing Wire --- While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp.’s president and CEO, Craig Smiddy decided to take a...
Recent Posts
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- Illinois Home Sales Up in June While Chicago Home Sales Decline
- Mortgage Rates Rise for Third Straight Week
- Harvard Forecast Points to Slowing in Remodeling Market
