Real Estate Industry News & Insights
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Calque Launches Contingency Buster, a New ‘Buy Before You Sell’ Program
The product is for homeowners seeking to quickly remove home sale contingencies and debt-to-income constraints at any point in the homebuying process. Continue Reading Calque Launches Contingency Buster, a New ‘Buy Before You Sell’ Program
California Approves Allstate’s Request for Home Insurance Hike of 34% on Average
This is California’s largest home insurance hike in three years. Continue Reading California Approves Allstate’s Request for Home Insurance Hike of 34% on Average
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
New Study Ranks the Best and Worst Markets for Real Estate Agents
Real estate agents in New York City earned the highest median salary at $103,960 per year. Continue Reading New Study Ranks the Best and Worst Markets for Real Estate Agents
Deal Announced to Sell REcolorado MLS to Private Equity-Backed LLC
The Denver Metro Association of Realtors (DMAR) and the South Metro Denver Realtor Association (SMDRA) have signed a letter of intent to sell REcolorado, their multiple listing service (MLS), to a newly formed limited liability company (LLC) backed by a private equity...
Justin Timberlake Sells 127-Acre Tennessee Property at Discount
The singer/actor listed the property last summer for $10 million. Continue Reading Justin Timberlake Sells 127-Acre Tennessee Property at Discount
Does Rent Go Down During A Recession? What Renters And Real Estate Investors Can Expect
Source: Forbes --- Key Takeaways Just because there’s a recession doesn’t necessarily mean rent prices go down. In fact, during the 2008 recession, it was the exact opposite. In the current rental market, we have seen the rate of increase in rental prices come down,...
Buying and Selling Real Estate in Brazil (Updated)
Source: JD Supra--- This guide offers an overview of legal aspects of buying and selling real estate in the requisite jurisdictions. It is meant as an introduction to these marketplaces and does not offer specific legal advice. This information is not intended to...
Mortgages Update: Rising Costs Taking Toll On First-Time Buyer Finances
Source: Forbes --- 13 January: Higher Payments And Deposits Making Ownership More Difficult Monthly mortgage payments are taking a larger bite out of typical first-time buyer household outgoings, writes Laura Howard. Monthly mortgage payments now account for 39% of a...
2023 Mortgage Forecast: Rates Expected to Decline
Source: US News --- Mortgage rates are widely expected to fall this year as inflation recedes and the U.S. economy prepares for the possibility of a modest recession, according to some of the nation's leading real estate economists. This comes after mortgage rates...
15-year mortgages – back in the spotlight but are they the right choice?
Source: MPA Mag --- With interest rates rising in light of inflation, some would-be homeowners are eyeing 15-year mortgages in lieu of the traditional 30-year variety to build equity quicker. But one industry veteran urges caution against the option unless one is...
What Real Estate Investors Need to Know About the 2% Rule
Source: Yahoo! --- There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property’s rental income should be at least 2% of the purchase price....
The Difference Between a 3% and 7% Mortgage Rate: $1,000 Per Month
Source: NAHB --- As the Federal Reserve continues to fight inflation, mortgage rates increased rapidly in 2022, starting the year at 3% and rising above 7% before dropping back to roughly 6.5% at the end of the year. How do rapidly rising mortgage rates affect housing...
What are mortgage origination fees?
Source: Fortune --- For most prospective home buyers, obtaining a mortgage is an essential part of the home buying process. And getting quotes from multiple lenders in order to ensure you secure the most competitive and affordable mortgage possible is nearly as...
Mortgage Lenders: The 2023 Purchase Market Is Your Moment
Source: Forbes --- It’s time for mortgage lenders to stop comparing 2022 volume and 2023 projections to the refinance-fueled record fundings of 2020 and 2021. The pandemic refi boom is long over, and while home buyers who need mortgages are still absorbing this year’s...
Divvy Homes review
Source: Bankrate --- If you dream of owning your own home but aren’t quite ready for a mortgage, Divvy could be an ideal option. The company’s rent-to-own business model aims to make homeownership more accessible to individuals with past financial challenges or...
