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NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners
The phony deed claimed the unlikely partners were “relatives or former relatives.” Continue Reading NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners
Douglas Elliman Released from Batton 2 Lawsuit
Howard Hanna and HomeServices of America were previously voluntarily dismissed from the two Batton homebuyer commission lawsuits. Continue Reading Douglas Elliman Released from Batton 2 Lawsuit
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Atlanta Housing Announces Request for Ideas on Bankhead Courts Redevelopment Project
Bankhead Courts opened in 1970 and was demolished in 2011. Continue Reading Atlanta Housing Announces Request for Ideas on Bankhead Courts Redevelopment Project
Yardi Systems Debuts Energy Relief Product for State and Local Agencies
Homeowners and contractors can use an online interface through Energy Relief to submit applications for assistance. Continue Reading Yardi Systems Debuts Energy Relief Product for State and Local Agencies
Report: FBI Agents Seek Federal Help to Cover Housing Costs
The Justice Department has not endorsed the request for a housing allowance. Continue Reading Report: FBI Agents Seek Federal Help to Cover Housing Costs
Housing Market Update: Typical Buyer’s Monthly Payment Up 39%—The Biggest Annual Gain on Record
Source: Redfin --- The typical homebuyer’s monthly mortgage payment shot up 39%, the largest year-over-year gain on record as the average 30-year-fixed rate hovered at a 12-year high of 5.1%. Redfin’s data on homebuyer mortgage payments is based on asking-price data...
Housing industry getting hit by ‘perfect storm,’ billionaire real estate developer warns
Source: Fox Business --- Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the "perfect storm." "We're in the middle of a real estate boom like we haven't seen in the past," Bloom told "Cavuto: Coast to...
The odds of a home price decline hitting your local housing market, as told by one interactive chart
Source: Fortune --- Fed Chair Jerome Powell has made it clear: The central bank is done sitting on the sidelines as inflation chips away at the value of the dollar. The plan? Put upward pressure on interest rates until price growth relents. Historically speaking, that...
Blazing Your Own Trail
Source: Scotsman Guide --- Securing a mortgage for commercial real estate can be a complex and time-consuming process. It is challenging for borrowers who need financing for their projects to decide whether to use the capital-markets team offered by the same company...
Adjustable-rate mortgage demand doubles as interest rates hit the highest since 2009
Source: CNBC --- Mortgage rates moved even higher last week, crashing refinance demand and prompting potential homebuyers to apply for riskier loan products which offer lower rates. Total mortgage application volume fell 8.3% last week compared with the previous week,...
A Rising Star
Source: Housing Wire --- When it comes to commercial real estate, the post-pandemic economy has grounded some asset classes while others are now rising stars. Multifamily and industrial are two sectors proving especially resilient to recent economic hardships....
Are Mobile & Manufactured Homes Real or Personal Property?
The difference between mobile and manufactured homes is the date they were built. According to HUD, mobile homes were factory-built before June 15, 1976, and manufactured homes were built after that date. Continue Reading Are Mobile & Manufactured Homes Real or Personal Property?
How Homeownership Can Help Shield You from Inflation
Source: Keeping Current Matters --- If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can...
Americans Are Buying Smaller Homes as Prices Skyrocket
Source: Redfin --- Americans are buying smaller homes than they were at the height of the pandemic. The typical U.S. home that went under contract in March was 1,720 square feet, down 1.8% from 1,751 square feet the same time last year and roughly the same size as the...
Russian threat keeps mortgage cybersecurity experts on alert
Source: National Mortgage News --- Russia’s hostilities in Ukraine have already impacted the U.S. housing market and as the war goes on, the mortgage industry’s cybersecurity experts are bracing for tests of their defenses. The uncertainty caused by the initial...
