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FEATURED REAL ESTATE NEWS & BLOGS
Homebuyers Can Save Over $15,000 in Five Years With an Adjustable-Rate Mortgage–But It Comes With Risks
Source: Redfin --- That’s $260 per month for the typical homebuyer—the largest savings since at least 2015. As mortgage rates surge, demand for adjustable-rate mortgages is on the rise because they typically have lower interest rates than 30-year fixed loans. The...
Historic Housing Shortage Shows Signs of Letting Up as Sales Decline
Source: Redfin --- The number of homes for sale shrank at its slowest pace in April since the start of the pandemic. Home sales fell and price growth slowed as soaring mortgage rates prompted more buyers to throw in the towel. The housing market turned a corner in...
Are Reluctant Home Sellers Too Attached to Their Low Rates?
Source: Nerdwallet --- You’ve heard of golden handcuffs. That’s when a company compensates you generously to discourage you from taking a job elsewhere. Some of us restrain ourselves with another type of golden handcuffs: low mortgage rates. Economists dub the...
The Housing Market Has Already Endured 10 Long Years of Inflation. These are the Hard-Learned Lessons We Should Apply Now to the Broader Economy.
Source: Redfin --- For the first time since the 1980s, Americans are dealing with 8%+ inflation in consumer prices. American homebuyers, however, have been dealing with inflation since 2012. The typical home costs double what it did in 2012, but the typical worker is...
News & Current Events
Elder Abuse In Real Estate & Financial Transactions
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: dan@danharkey.com 1) Introduction: The mental health of any society requires honesty and forthrightness in personal relationships and business transactions. In business...
Just 45% of Black Families Own Their Home, Compared With 74% of White Families–And the Gap Has Hardly Narrowed Over the Last Decade
Source: Redfin --- The homeownership rates for both Black and white families rose slightly over the last 10 years, with part of the increase taking place during the pandemic. The racial homeownership gap persists. The homeownership rate for Black families rose only...
Home Depot’s strong quarter shows housing market is still booming
Source: CNN --- The home improvement retail giant reported better-than-expected gains in sales and earnings for the first quarter Tuesday and lifted its outlook for the rest of this fiscal year.Shares of Home Depot (HD), one of the 30 stocks in the Dow, was up nearly...
Thinking about selling your home? This may be the time
Source: CNN --- Home prices are at record highs and still rising, but there are some early indications that the market may be starting to cool. For sellers looking to get top dollar for their home, the time to sell is now. But homeowners are still holding back from...
Most Viewed
The odds of a home price decline hitting your local… April 29, 2022 
Housing industry getting hit by ‘perfect… April 30, 2022 
Mortgage rates just hit a 12-year high April 22, 2022
Industry Updates
How can brokers get ahead in a tight market?
Source: Housing Wire --- HousingWire recently spoke with Jon Irvine, Chief Production Officer at Change Lending, about how brokers can gain a new competitive advantage in the current tight market. HousingWire: The current inventory shortage doesn’t seem like it will...
These Are the 10 Best Cities for New College Graduates and Career Changers, According to LinkedIn
Source: Apartment Therapy --- About ten years ago this month, I was in absolute misery — a ball of stress so tightly wound, you could have bounced me off a wall. College graduation was mere weeks away, and between preparing for finals, bittersweet farewells with...
SRE Technologies Wins Best Company Award
Industry technology firm is recognized by attendees of a global finance conference. TORRANCE, CA--May 20, 2022--SRE Technologies Inc., developer of an online destination designed to save home loan borrowers money by connecting them with select mortgage originators,...
Elder Abuse In Real Estate & Financial Transactions
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: dan@danharkey.com 1) Introduction: The mental health of any society requires honesty and forthrightness in personal relationships and business transactions. In business...
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Mortgage Information
Five things to look for when partnering with a third-party review providerMay 22, 2022
Homebuyers Can Save Over $15,000 in Five Years With an Adjustable-Rate Mortgage–But It Comes With RisksMay 22, 2022
Are Reluctant Home Sellers Too Attached to Their Low Rates?May 21, 2022
The Housing Market Has Already Endured 10 Long Years of Inflation. These are the Hard-Learned Lessons We Should Apply Now to the Broader Economy.May 21, 2022
Real Estate News
- Homebuyers Can Save Over $15,000 in Five Years With an Adjustable-Rate Mortgage–But It Comes With Risks
Affordability Rules! We’ve Found 5 Homes Priced Below $100K
Suburban homes gaining value faster than urban counterparts, Zillow finds
Historic Housing Shortage Shows Signs of Letting Up as Sales Decline
