Real Estate Industry News & Insights
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Federal Reserve Keeps Rates Intact
The Fed added it would “continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Keeps Rates Intact
Housing Voucher Scam Targets Michigan Residents
There are currently no housing choice voucher waiting lists open in Michigan. Continue Reading Housing Voucher Scam Targets Michigan Residents
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data
“People keep telling me rents are falling, I keep saying they aren’t,” said financial commentator Mike “Mish” Shedlock. Continue Reading Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data
UWM Pushes Back at Hedge Fund’s Claims of Fraudulent Business Practices
The company denounced the attack as a “ridiculous article” with “obvious connections to Rocket Mortgage.” Continue Reading UWM Pushes Back at Hedge Fund’s Claims of Fraudulent Business Practices
The Real Brokerage in $9.25 Million Settlement of Commissions Lawsuit
The settlement does not require an admission of wrongdoing by the company. Continue Reading The Real Brokerage in $9.25 Million Settlement of Commissions Lawsuit
What would it take to crash the housing market?
Source: Housing Wire --- Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. Can this last? No, it can’t. In time, markets always find balance and balance is a good thing. But, that doesn’t mean...
How to get yourself mortgage ready
Source: The Guardian --- Get a ballpark figure One of the first things you should do is get a realistic idea of how much you’re likely to be able to borrow so you can see if it is worth going ahead. This will depend on three main things: your income, your outgoings...
Will the middle class survive a nationwide housing shortage?
Source: USA Today --- In this current mad dash to find housing, the first 48 hours are proving to be crucial to either make or break a deal, especially for prospective middle-class homebuyers. Just ask Jonathan Sigrist and Krystal Dickison of Charlotte,...
A New Digital Currency System Will be Arriving Shortly
By Dan Harkey Real Estate & Finance Consultant m: 949 533-8315 | e: [email protected] Introduction: Banks began using computer technology to automate manual processing in the mid to late 1940s. Bank credit cards were created in 1950 as a portable payment...
NFTs forced into all facets of life — including real estate
Source: firsttuesday Journal--- Non-fungible tokens (NFTs), the cryptocurrency phenomenon quickly materializing in a real world setting, are becoming harder and harder to ignore. Many industries have hopped on board. What does this mean for the real estate market? The...
‘The scammers are getting quite crafty’: Kentucky man nearly loses $70K in real estate scam
Source: WHAS 11 ABC --- LOUISVILLE, Ky. — The Attorney General’s Office in Kentucky reported more than $12.7 million lost to scammers in 2021. Some of those losses were because of real estate scams. A Louisville man told WHAS11 News he was in the process of closing...
How to choose a title company for your real estate closing
Source: The Washington Post --- Most people buy or sell only a few homes during their lifetime, so they’re not likely to have a title company to handle their closing on speed dial. While finding a trustworthy and knowledgeable lender and real estate agent are usually...
Can I buy real estate inside of my IRA?
Source: True Jersey --- Q. I wanted to buy a condo for my son, where he would pay rent that would cover the monthly carrying costs. If I wanted to buy it within an IRA, can I? I’d rather not take a mortgage. — Dad A. That’s a very generous move. It is possible to buy...
Are You Money Laundering?
So, you want to get a new home and you have a new job and you are not sure if you can be approved? It seems to be happening more and more. I continue to hear things like “I just moved and took a filler job until I can find something better….. it is a commission job...
CAN YOU PUT AN OFFER ON A HOUSE THAT’S CONTINGENT?
Source: RIS Media --- Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning Real estate listings go through different...
