Real Estate Industry News & Insights
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Experts Predict What The Housing Market Will Look Like In 2023
Source: Forbes --- The housing market is sending clearer signals that historically low mortgage rates and the home-buying frenzy have come to an end. As we near the end of 2022, here’s a look at the expectations of real estate experts for 2023. Danielle...
Lack of diversity among real estate professionals reduces fees
Source: firsttuesday Journal --- Diverse representation among real estate professionals is coming up short — and it’s a missed opportunity for financial growth. In a study of more than 1,000 U.S. companies, those companies which prioritized an ethnically and...
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Why Home Loans Today Aren’t What They Were in the Past
Source: Keeping Current Matters --- In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage...
This Is the Most Sought-After Room for Homebuyers, According to One Study
Source: Apartment Therapy --- It appears a dedicated home office is not the top priority for homebuyers any longer — at least in the U.K. A new study from real estate agency Purplebricks has found that the home office is no longer the most popular room in British...
Housing Market Update: Homebuyers Regain Some Control as Supply Grows and Demand Pulls Back
Source: Redfin --- May marked a turning point in the pandemic housing frenzy, as buyers regained some control over the market. This limited sense of control comes at a great cost, as 5% mortgage rates and record-high prices have edged many buyers out of the market....
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