Real Estate Industry News & Insights
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The rise of ‘Zoomtowns’ is going to make home prices and rents cheaper for everyone
Source: Insider --- It's easy to blame remote workers for the pandemic's chaotic housing market. Highly paid white-collar employees who exercised their newfound freedom and turned once cheap locales into expensive "Zoomtowns" make for vivid villains. But a...
Smart Technology for Landlords
Source: US News --- Owning a few rental units can be a great way to establish a passive income stream, but it can be hard to be a landlord on your own. You can’t be in several places at once, and even if you hire a property manager, you may still find that you’re...
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Mortgage prepayments have fallen 62% from a year ago. This is what that says about the housing market.
Source: Market Watch --- Mortgage prepayment activity fell 19.1% just from March to April and 61.8% from a year ago, according to research from mortgage data and analytics company Black Knight. Why is prepayment activity down so drastically? It’s driven in large part...
CoreLogic: Home-price growth sets another record but should cool soon
Source: Scotsman Guide --- Nationwide home prices grew 20.9% year over year in April as buyers continue to race against increasing mortgage rates in an effort to fine affordable homes, according to CoreLogic. The annual price gain in the company’s most recent Home...
Luxury Homes Are in High Demand
Source: Keeping Current Matters --- As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t...
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