Real Estate Industry News & Insights
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New Study Finds Majority of U.S. Markets Favor Sellers
Source: DS News --- The housing market continues to change as higher mortgage rates, rising inflation and economic uncertainty have sidelined many buyers. Meanwhile, according to this month's Knock Buyer-Seller Market Index, sellers have the upper hand remaining in...
A real estate agent data breach would be devastating for renters. They collect too much personal information
Source: The Guardian --- Thanks to Optus, millions of people are now acutely aware of what can happen when companies don’t take privacy and security seriously. But telcos aren’t alone in collecting and storing too much of our personal information. The real estate...
Selling Your Investment Property? Here’s How to Defer Taxes With a 1031 Exchange
Source: The Wall Street Journal --- Thinking about swapping your ski chalet in Aspen for an oceanfront mansion on Miami Beach? If you’ve used your vacation home as an investment property, and collected rental income, you might be able to take advantage of a popular...
How to avoid real estate scams
Source: The Washington Post --- Real estate transactions require moving large sums of money from buyers to sellers, a process that unfortunately entices scammers. According to the National Association of Realtors and FBI data, more than 13,500 people were victims of...
What the Fed’s March rate hike means for homebuyers and sellers
Source: Bankrate --- In an effort to rein in raging inflation, the Federal Reserve boosted interest rates in mid-March. The move had been anticipated by the mortgage market — mortgage rates rose to 4.4 percent in a recent Bankrate survey of lenders, which was...
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