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Ex-HUD Secretary Fudge Joins Taft Law Firm
Fudge will also serve as the law firm’s chairwoman of public policy. Continue Reading Ex-HUD Secretary Fudge Joins Taft Law Firm
NY Fed: Americans Expect Home Prices to Keep Rising
The median inflation rate is expected to be 3.3% one year from now, up from 3% in last month’s report. Continue Reading NY Fed: Americans Expect Home Prices to Keep Rising
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Clever Real Estate Debuts Title and Escrow Subsidiary
Clever Title’s online portal offers real-time tracking, online document storage, and full digital encryption. Continue Reading Clever Real Estate Debuts Title and Escrow Subsidiary
Atlanta Fed Chief on Delaying Rate Cuts: ‘Victory is Not Clearly in Hand’
Bostic stated the nation’s economy was in “a good spot, even an enviable spot compared to other major economies.” Continue Reading Atlanta Fed Chief on Delaying Rate Cuts: ‘Victory is Not Clearly in Hand’
FTK Construction Services Promotes Riley Goodman to VP of Finance and IT
He began his career with FTK in 2020 as an operations analyst. Continue Reading FTK Construction Services Promotes Riley Goodman to VP of Finance and IT
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...
How hard is it to buy a home right now? “Beyond crazy and frustrating.”
Source: CBS News --- The pandemic-era real estate market has emerged as a windfall for sellers and a headache for buyers. A shortage of for-sale homes continues to boost prices across the nation by double-digits — and is pushing house hunters to go to extremes to win...
Mortgage rates remain under 3 percent for third week in a row
Source:The Washington Post --- At the start of the year, it looked like mortgage rates were headed nowhere but up. But lately, they have backslid. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 2.96 percent...
Desperate buyers are going to extremes to land a home
Source: CNN --- With the inventory of homes for sale historically low and prices higher than ever, the battle to buy a home has been taken to a whole new level. The number of available homes to buy in April dropped by 40% from a year ago and 50% from 2019, according...
What Is a Wraparound Loan, and Is It Right for You?
Source: Realtor . Com --- While home buyers might hope that they will qualify for a mortgage from the usual financial institutions, like a bank, they may find that their spotty credit score is an obstacle that prevents them from qualifying. What then? One Plan B may...
FHFA finalizes rule on living wills for Fannie and Freddie
Source: Housing Wire --- The Federal Housing Finance Agency (FHFA) finalized a rule on Monday that will require Fannie Mae and Freddie Mac to develop plans that would ensure upon their eventual exit from conservatorship, they won’t do any large scale harm to the...
Lenders, economists question first-time homebuyer bills
Source: Housing Wire --- While the first-time homebuyers welcomed news of a down payment assistance grant or tax credit, the mortgage industry and housing experts expressed deep skepticism. Two proposals under consideration in Congress aim to give first-time...
FHFA launches new refinancing program for low-income homeowners
Source: Realty Biz News --- This week, the FHFA announced an upcoming program for low-income homeowners with government-backed mortgages to refinance at a lower rate in order to reduce the amount they have to pay back each month. FHFA said the program is aimed at...
Four Work-From-Home Strategies To Embrace For Your Real Estate Business
Source: Forbes --- If you ask me, working from home is amazing. You can wear pajamas from the waist down, you have no commute and you can even sleep in. I understand that the process of reading on a train or after-work drinks with your co-workers has been lost, but...
Supply of homes for sale fell by almost 30 percent year on year, the largest amount on record
Source: NBC News --- Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals. That’s...
