Real Estate Industry News & Insights
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Builders Express Renewed Confidence in Housing Market
“Lack of existing inventory continues to drive buyers to new construction,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Express Renewed Confidence in Housing Market
MBA: Number of Loans in Forbearance Continue to Decline
The trade group’s latest Loan Monitoring Survey estimated 255,000 homeowners are currently in forbearance plans. Continue Reading MBA: Number of Loans in Forbearance Continue to Decline
As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform
Source: TechCrunch --- The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings migrated...
2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why
Source:The Motley Fool --- The coming year could be ripe with real estate investment opportunities. 2022 wasn't a fantastic year for investors across the board. The stock market fell 16% year over year, with several dips into bear market territory. Real estate didn't...
Fannie Mae, Freddie Mac to back mortgages over $1M
Source: Fox Business --- The Federal Housing Finance Agency (FHFA) announced new conforming loan limits for 2023, meaning homebuyers will now be able to get larger mortgages backed by Fannie Mae and Freddie Mac. After the FHFA’s third quarter House Price Index...
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