Real Estate Industry News & Insights
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The new top 3 rules of real estate: Speed. Speed. Speed
Source: Inman --- Owning a home is the American dream. So why has the mortgage process always been such a nightmare? For agents, coaching buyers through the mortgage process requires their own special skill set. It can add stress, extra communication, and unexpected...
Mortgages could increase by £3,300 a year for a million UK households as rates set to rise again
Source: iNews --- Up to a million households face another hike in mortgage costs if the Bank of England increases interest rates again this week. The Bank of England Monetary Policy Committee (MPC) will meet on Thursday and is widely expected to raise rates by another...
‘Fewer signed contracts, fewer bidding wars’: A slowdown in Manhattan real estate may be a grim warning for the U.S. housing market
Source: MarketWatch --- First, the good news. The median sales price for residential properties sold in Manhattan rose to a record high in the second quarter, up 10.6% annually to $1.25 million, while the average sales price reached its third-highest on record, a...
Mortgage Rates May Stay on the Up Escalator in July
Source: Nerdwallet --- July mortgage rates forecast Mortgage rates are likely to rise in July, extending a seven-month streak. High inflation, and the Federal Reserve's efforts to control it, have driven mortgage rates upward. The same factors may push them even...
Is Homeownership Still the American Dream?
Source: Keeping Current Matters --- Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many...
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