Real Estate Industry News & Insights
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Powell Reaffirms No Rate Cuts in the Near Future
“We’re just going to have to see where the inflation data fall out,” he said. Continue Reading Powell Reaffirms No Rate Cuts in the Near Future
Compass Adds Tennessee Brokerage Parks Real Estate
Parks Real Estate employs over 1,500 agents and generated $6.25 billion in 2023 transaction. Continue Reading Compass Adds Tennessee Brokerage Parks Real Estate
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
$12.1 Million Refinancing Arranged on California Multifamily Property
Terms of the five-year loan include one-year interest only followed by 30-years amortization with an LTV of 54%. Continue Reading $12.1 Million Refinancing Arranged on California Multifamily Property
Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case
Judge Arthur Engoron also barred the Trump from serving as an officer or director of any New York corporation for three years. Continue Reading Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case
Justice Department Objects to Settlement in Real Estate Commission Case
The judge is not obligated to reject the settlement because of the DOJ’s concerns. Continue Reading Justice Department Objects to Settlement in Real Estate Commission Case
Major housing program to expand to $15 billion
Source: MPA --- Bank of America Corp. is expanding a mortgage program for low- to moderate-income homebuyers in an effort to address racial wealth gaps. The lender, working with the non-profit Neighborhood Assistance Corp. of America, set a goal of providing $15...
5 ways to track and predict market changes
Source: Inman --- Agents often get questions about the future of the market from curious consumers. Knowing how to answer them is key to building trust and establishing yourself as an expert in your field. Here are a few ways to stay in the know and spot patterns and...
Don’t Forget to Budget for Closing Costs
Source: Keeping Current Matters --- When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required...
Burst Past Your Production Plateau
Source: Scotsman Guide --- As a mortgage originator, your success is often measured by a single number: how many loans you’re closing in the current month. For better or worse, this number rules your thoughts, and it often reflects how you are treated by your company...
Single-Minded Focus
Source: Scotsman Guide --- Two kinds of activities, reactive and proactive, keep mortgage originators busy. Reactive activities are all about putting out fires. When you’re in reactive mode, you’re playing defense. Proactive activities are the things that bring in...
How does the FHFA 7% loan cap on GSEs affect originators?
Source: Housing Wire --- As you probably know by now, the Federal Housing and Finance Agency has limited GSEs to a 7% cap on loan purchases for second home and investment properties. This means that lenders who sell these types of loans to Fannie Mae and Freddie Mac...
How appraisers value homes in a hot housing market
Source: Housing Wire --- Robin Sheridan, a real-estate broker with Compass Washington, recently listed a three-bedroom home in Seattle for $795,000. The 76-year-old brick home had what Sheridan considered a “funky layout,” with two rooms added to the back that didn’t...
Volume-hungry mortgage lenders loosen credit standards
Source: Housing Wire --- Mortgage credit availability increased by 2.2% in April as mortgage lenders fight for borrowers in an increasingly competitive market. The Mortgage Bankers Association said Tuesday that the Mortgage Credit Availability Index (MCAI) — which...
Experts Say Home Prices Will Continue to Appreciate
Source: Keeping Current Matters --- It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the...
Zillow Looks Ready to Dominate the Online Real Estate Market
Source: Barron's --- Zillow’s first-quarter results came in strongly ahead of estimates, as Premier Agent revenue growth accelerated again, amid continued housing-market tailwinds. The Homes segment also experienced strong growth and delivered another quarter of...
