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Gregory Raap Named SVP of Property Management at CONAM
Raap brings over two decades of multifamily real estate experience involving conventional, affordable and military housing. Continue Reading Gregory Raap Named SVP of Property Management at CONAM
Landlord Agrees to Sell Colorado Complex Overrun by Venezuelan Crime Gang
Aspen Grove was shut down last month by the city amid charges that the property carried multiple health and safety issues. Continue Reading Landlord Agrees to Sell Colorado Complex Overrun by Venezuelan Crime Gang
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Leonardo Ramos Named VP/CRA Officer at Provident Bank
Prior to joining Provident Bank, he served as senior vice president and sales manager with Columbia Bank. Continue Reading Leonardo Ramos Named VP/CRA Officer at Provident Bank
United Real Estate Merges with Dallas-Based Brokerage
United Real Estate announced the merger of its Dallas-based division with REAL Dallas Properties & Management, a union that will add 70 agents to United's Dallas operations and expanding its North Texas presence to more than 800 agents. According to the companies,...
MBA: Home Equity Lending Volume Remains Relatively Flat
Total originations of open-ended HELOCs and closed-end home equity loans increased to $2.13 billion per company in 2023. Continue Reading MBA: Home Equity Lending Volume Remains Relatively Flat
This is why you need a mortgage pre-approval before shopping for a home
Source: CNBC --- If you’re ready to begin your home shopping journey, make sure you get a mortgage pre-approval first. A mortgage pre-approval letter is an essential step in the homebuying process. Without pre-approval, it might be difficult to determine your budget....
The mortgage rate you get depends partly on your credit score. Here’s what to expect
Source: CNBC --- Anyone who’s exploring homeownership may know that rising interest rates and elevated home prices are making that goal challenging. The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last several...
Three New England Markets Experience Sharp Increase in Rents
Three housing markets in the U.S. Northeast are dealing with rent spikes even as the nation’s rental crisis showed signs of moderation in January. Renters in Springfield, Massachusetts paid an average of about $1,615, a year-over-year increase of 14.73 percent...
Fundhomes appoints Ryan Feit as Strategic Advisor
Fundhomes announced that CEO and Founder of SeedInvest Ryan Feit joined their advisory board. Fundhomes is a fractional investing platform for real estate properties where investors can buy shares of individually acquired vacation rentals that are operated on their...
Realogics Sotheby’s International Realty Releases 2023 Forecast Report
Realogics Sotheby’s International Realty (RSIR) released its 2023 Forecast Report, a macroeconomic housing report authored by Pacific Northwest brokerages who have analyzed the trends in 2022, evaluated what's occurred so far in Q1 for 2023 and are focused on where...
Repayment Terms: Home Equity Loan vs. Mortgage
Source: Investopedia --- Buying a home is one of the most significant investments you can make. For most home buyers, that large of a purchase requires financing in the form of a mortgage. But once you have made your purchase, your mortgage payments start working for...
Redfin Reports Sale Prices Flatten, Demand for Mortgages Falls as Mortgage Rates Climb
Source: Yahoo! --- As mortgage rates rise, serious homebuyers are scarce. But plenty of people are searching for homes online and touring them, waiting until rates decline to buy. SEATTLE, February 23, 2023--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale...
U.S. Housing Market Stalls as Mortgage Rates Edge Up Again
Source: World Property Journal --- National property broker Redfin is reporting this week that many U.S. homebuyers are retreating back to the sidelines as mortgage rates ascend toward 7 percent. Redfin's Homebuyer Demand Index -- a measure of requests for tours and...
That 3% Mortgage Just Keeps Getting Better
Source: The Washington Post --- The economy has been stronger and inflation stickier than markets and forecasters expected at the start of 2023, prompting traders to place bets that the Federal Reserve could ultimately raise rates as high as 6% — a level not seen...
Mortgage Rates Surge as Inflation Lingers
Source: US News --- Mortgage rates jumped higher for the second week in a row as investors worry sticky inflation will cause more hawkish policy decisions from the Federal Reserve. The average 30-year fixed mortgage rate rose to 6.73%, from 6.55% the previous week....
