Real Estate Industry News & Insights
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MBA Names Owen Lee as 2025 Vice Chairman
Lee is CEO of Plymouth, Michigan-based Success Mortgage Partners Inc. Continue Reading MBA Names Owen Lee as 2025 Vice Chairman
Report: CFTC Commissioner to be Nominated as FDIC Leader
Christy Goldsmith Romero would replace Martin Gruenberg. Continue Reading Report: CFTC Commissioner to be Nominated as FDIC Leader
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Guest Opinion: The New York Fed Chief’s View of the Economy
We’re not seeing the types of risks in housing finance that we saw during the housing boom before the 2007-2008 financial crisis. Continue Reading Guest Opinion: The New York Fed Chief’s View of the Economy
Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
Pricing for current residential availability at 520 Fifth Ave. starts at $1.7 million. Continue Reading Residential Sales Begin on Manhattan’s New 1,000-Foot Mixed-Used Tower
FTC Sends $62 Million in Refunds to Home Sellers Cheated by Opendoor Labs
The FTC is sending checks to 54,689 consumers impacted by the company. Continue Reading FTC Sends $62 Million in Refunds to Home Sellers Cheated by Opendoor Labs
How To Buy A House With Little Or No Money Down
Source: Forbes --- For many homebuyers, saving up for a down payment can seem like a massive roadblock, especially with home prices skyrocketing. But there are mortgage options designed specifically for those who can’t save the standard 20% down of the loan amount—or...
4 predictions for the housing market in 2022, from economists and real estate pros
Source: Market Watch --- We asked home and mortgage experts and economists what they predict will happen in the housing market this spring and further into 2022. Here’s what they told us. (You can find the lowest mortgage rates you might qualify for here.) Prediction...
How do you buy a house when you have a house to sell
Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or [email protected] How do you buy a house when you have a house to sell – need to pay off bills and it all has to be done now!!!! And why is it...
Homebuying Frenzy Continues Despite Obstacles
Source: Banker & Tradesman --- Wits’ End would make an appropriate name for a new subdivision in today’s wild housing market. While there’s not yet such a place on the map, many would-be buyers are quickly running out of patience. Their frustration is not...
Reverse Mortgage: Could Your Surviving Spouse Lose the House?
Source: Investopedia --- If your spouse took out a reverse mortgage and you aren’t on the loan—or if you know someone in this situation—you need to understand what rights you have and what rights you lack. Reverse mortgage laws for non-borrowing spouses can be...
Housing Market: Rising mortgage rates won’t lower home prices, as housing crisis looms
Source: Finger Lakes 1 --- Higher mortgage rates and a red hot housing market have brought challenges to residents in parts of the United States, but have done little to cool the market. For the first time since 2011 mortgage rates in the U.S. hit 5%. According to...
Here’s how much the same mortgage costs now, compared to last year
Source: CNBC --- Fewer people are shopping for homes, a sign that homebuyers are getting priced out of the market due to surging mortgage rates, which spiked to an average of 5% this week for 30-year fixed-rate mortgages. The fixed-rate mortgage rate jumped 0.28% in...
Housing Market Update: Demand Slips, Pushing More Sellers to Drop Asking Prices
Source: Redfin --- Early-stage homebuying demand continues to falter this spring as new listings fell 7% from a year earlier, the average 30-year fixed mortgage rate shot up to 5% and the median asking price climbed to $397,747, sending the typical homebuyer’s monthly...
7 Mortgage Hopes and Dreams That Are Completely Delusional Today
Source: Realtor --- Right now, mortgages are having a moment. With interest rates low yet rising fast, home loans are the hot topic du jour, and one that I, as a real estate agent, help homebuyers navigate daily. Still, just as both buyers and sellers experience...
Commercial Real Estate Prices Still Have Room to Run, According to First American Potential Capitalization Rate Model
Source: Finance Yahoo --- SANTA ANA, Calif., April 14, 2022--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), the premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of...
