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Eddie Garcia to Step Down as CEO at Realty of Chicago
The company has not named an interim chief executive. Continue Reading Eddie Garcia to Step Down as CEO at Realty of Chicago
TV Host Tanya Memme Joins eXp Realty
Memme is a former Miss World Canada. Continue Reading TV Host Tanya Memme Joins eXp Realty
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits
Last month, the organization vowed to appeal the Sitzer/Burnett verdict. Continue Reading National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits
Texas Attorney General Sues Real Estate Development for Fraudulent Practices
“Colony Ridge’s business model is predicated on churning land purchasers through a foreclosure mill,” said the lawsuit. Continue Reading Texas Attorney General Sues Real Estate Development for Fraudulent Practices
MCS Acquires Five Brothers Asset Management Solutions
Five Brothers will be integrated within MCS, with the combined entity offering property preservation, maintenance and renovation services. Continue Reading MCS Acquires Five Brothers Asset Management Solutions
Millennials And Housing, Part 4: Mind The Gap: Intergenerational Housing Wars
Source: Forbes --- Our study on U.S. Millennials and their difficult path to home ownership has spotlighted the role family and older generations play in hindering—but also helping—25 to 40-year-olds in their quest to buy a home. Discussion of this issue requires both...
Should You Hire a Mortgage Broker or Do It Yourself?
Source: Go Banking Rates --- When you’re ready to buy a home, you may wonder if you should try to shop for a mortgage on your own or reach out to mortgage broker for help. A mortgage broker can be very helpful in the process, especially for people who are...
Mortgage delinquencies continued to improve in November
Source: Housing Wire --- The delinquency landscape continues to improve on a monthly basis, with the total delinquency rate in the nation falling to 3.59% in November, according to Black Knight’s November mortgage monitor published this week. In October, the analytics...
5 tech trends that will move mortgages and housing in 2022
Source: Bankrate --- In the Amazon age, consumers are more pampered – and less patient – than ever. Tap your phone and, voilà – hot food from your favorite restaurant arrives in minutes. High-end electronics appear on your doorstep in hours. However,...
Non-Profit Bidders Successfully Purchase More Than 800 Mortgage Notes Through HUD-Held Vacant Loan Sale
Source: My ChesCo --- WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development’s Office of Asset Sales announced that 23 mission-driven non-profit organizations recently participated – and 11 were awarded pools – in its December 1, 2021, competitive bid...
Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million
Source: News Bitcoin --- Bitcoin-Backed Mortgage — ‘The First Product of Its Kind to Hit the Market’ Ledn announced Wednesday “the impending launch of a bitcoin-backed mortgage product,” which the company says is “the first product of its kind to hit the market.” The...
Omicron Variant Hits the Luxury Real Estate Market
Source: Realtor --- The recent volatility in the stock market and cryptocurrencies, fueled by anxiety over the omicron variant, has some would-be homebuyers pressing pause on pricey real estate purchases. That’s been the case for New York native Neil Kapoor, 36, who...
What You Should Know About Mortgage Prepayment Penalties
Source: Forbes --- Purchasing a real estate property through a mortgage is a substantial financial commitment and thus, the underlying terms and conditions should not be ignored. The property buying process includes contractual agreements that may indicate mortgage...
Housing starts and permits ruin Christmas for housing bears
Source: Housing Wire --- Today, the U.S. Census Bureau reported that housing starts came in as a beat at 1,679,000 for November. The more critical number of housing permits came in 1,712,000, a solid uptick from last month, and we saw slightly positive revisions to...
What More First-Time Buyers Are Planning To Do To Become Homeowners
Source: Realtor --- First-time homebuyers are getting fed up with losing bidding wars—and many are taking steps to become more competitive in this cutthroat housing market, whatever it takes. Instead of giving up, more aspiring homeowners, who have been steadily...
