Real Estate Agent Tools
Here are the N.J. towns where the housing market may be cooling the most
Source: NJ.com --- The housing market is cooling. Interest rates have risen 4 percentage points since August 2021 when they were 2.7%. Inflation is at about 8.3%, making everything from groceries to gasoline more expensive. And home prices have risen 28% in the past...
Paying Cash for Your Home Is a Bad Idea for These 4 Reasons
Source: The Motley Fool --- After rock-bottom interest rates during the first phase of the COVID-19 pandemic, the mortgage chickens have finally come home to roost. In October 2021, the average U.S. mortgage interest rate for a 30-year fixed-rate mortgage was just...
Existing Home Sales Down by Nearly 5%
First-time buyers were responsible for 28% of sales in January, down from 31% in December 2024 and identical to January 2024. Continue Reading Existing Home Sales Down by Nearly 5%
The Most Expensive US Home Listing Is…
The most expensive home sale in January was a Fifth Avenue apartment in New York City. Continue Reading The Most Expensive US Home Listing Is…
CoStar Group Makes $1.69 Billion Bid for Australian Real Estate Marketplace Platform
This marks CoStar’s first bid for an Australian company. Continue Reading CoStar Group Makes $1.69 Billion Bid for Australian Real Estate Marketplace Platform
CBRE Forecasts Strong Year for US Hotel Industry
CBRE also predicted restrained supply growth due to high financing and construction costs. Continue Reading CBRE Forecasts Strong Year for US Hotel Industry
Home Selling Fintech Orchard Expands into Phoenix and Nashville Markets
“Orchard enables homeowners to meet their goals and get the best sale outcome,” said CEO Court Cunningham. Continue Reading Home Selling Fintech Orchard Expands into Phoenix and Nashville Markets
NAR Announces Resolution with Phoenix Realtors Over MLS Access
NAR threatened to revoke the Arizona group’s charter. Continue Reading NAR Announces Resolution with Phoenix Realtors Over MLS Access
Report: 2024 Housing Market Gained $2.5 Trillion in Value
Major metros in the Northeast gained the most value in percentage terms in 2024. Continue Reading Report: 2024 Housing Market Gained $2.5 Trillion in Value
Tech Trends: Updates on the Data Center Sector
Four new data center projects expand the sector’s prominence. Continue Reading Tech Trends: Updates on the Data Center Sector
Ohio’s Glasshouse Realty Group Debuts Luxury Business Line
The company noted that properties sold for $500,000 or more accounted for 5.4% of its transactions in 2024. Continue Reading Ohio’s Glasshouse Realty Group Debuts Luxury Business Line
Yardi Teams with SentiLink on Property Application Fraud Initiative
SentiLink technology will be integrated directly into Yardi’s ScreeningWorks Pro platform. Continue Reading Yardi Teams with SentiLink on Property Application Fraud Initiative
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