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Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?
Source: Forbes --- Key Takeaways Rates for 30-year fixed rate mortgages dropped below 7% the first week of November. Rates have been moving higher for most of 2022, rising from around 3% to over 7%. More inflation and economic data needs to be released to know if...
Q&A: UW researchers find privacy risks with 3D tours on real estate websites
Source: UW News --- Virtual 3D tours on real estate websites, such as Zillow and Redfin, allow viewers to explore homes without leaving the comfort of their couch. Sometimes the homes in these tours are staged, but other times they contain evidence of current...
Private Connecticut Island Relisted at Discount
Burr Island is part of the Thimble Islands, an archipelago of 365 small islands in Stony Creek Harbor off the central Connecticut coast. Continue Reading Private Connecticut Island Relisted at Discount
M&G Promotes Martin Towns to Global Head of Real Estate
He will replace Tony Brown, who is retiring after a 35-year career and relocating to Australia. Continue Reading M&G Promotes Martin Towns to Global Head of Real Estate
National Public Housing Museum to Open in Chicago
The museum is based in the last remaining building in the Jane Addams Homes, one of Chicago’s oldest federal housing projects. Continue Reading National Public Housing Museum to Open in Chicago
Tara Brown Named CEO at Peerage Realty Partners
She replaces Gavin Swartzman, who retired as CEO on March 31. Continue Reading Tara Brown Named CEO at Peerage Realty Partners
Survey: Only 21% of Agents Would Recommend a Career in Real Estate
More than one-third of women reported they encountered sexism in the industry. Continue Reading Survey: Only 21% of Agents Would Recommend a Career in Real Estate
Newberry Homes Enters Orlando Market with Six-Home Community
Construction on the new homes is scheduled to be completed in 2026. Continue Reading Newberry Homes Enters Orlando Market with Six-Home Community
RealPage Sues Berkeley Over Ban on Rent Pricing Software
The company said the ban was unconstitutional. Continue Reading RealPage Sues Berkeley Over Ban on Rent Pricing Software
Lennar to Build 1,500 Colorado Homes with Geothermal Systems
The endeavor will take advantage of Colorado’s state tax credit for geothermal heat pumps. Continue Reading Lennar to Build 1,500 Colorado Homes with Geothermal Systems
Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
The states with the greatest percentage increase in premiums were Utah (59%), Illinois (50%), Arizona (48%), and Pennsylvania (44%). Continue Reading Report: Typical Homeowner’s Insurance Premium Up 24% Since 2021
Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
Aron Puretz, his son, Chaim “Eli” Puretz, Moshe “Mark” Silber and Fredrick Schulman were sentenced. Continue Reading Four Real Investors Sentenced for Multimillion-Dollar Loan Fraud Schemes
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