Real Estate Agent Tools
Guess How Many of Us Hope for a Housing Crash
Source: The Street --- With home prices and mortgage rates soaring, it would seem that something has to give. So it may not surprise you to learn that 78% of Americans expect a housing-market crash, according to a study by Consumer Affairs, a consumer information...
Average mortgage debt rose 14% over the past 5 years
Source: Rome News Tribune --- The average mortgage debt held by American homeowners has risen 14%, according to Experian data. At the end of 2021, the average mortgage balance was $223,952 in the U.S., up from an average of $196,403 for the same time period in 2017. ...
Ryan Serhant: ‘Real Estate is an Inherently Sexy Thing to Watch’
“Most real estate agents don’t make any money,” he admitted. Continue Reading Ryan Serhant: ‘Real Estate is an Inherently Sexy Thing to Watch’
Fannie Mae: Only 17% Believe Now is a Good Time for Homebuying
The percentage of respondents who said home prices will go up in the next 12 months decreased from 45% to 41%. Continue Reading Fannie Mae: Only 17% Believe Now is a Good Time for Homebuying
Home Sales and Prices Rise in Las Vegas
During July, Las Vegas Realtors found that 25.1% of all local property sales were cash transactions. Continue Reading Home Sales and Prices Rise in Las Vegas
Mortgage Application Activity Up by 7%
The adjustable-rate mortgage share of activity increased to 6.3% of total applications. Continue Reading Mortgage Application Activity Up by 7%
Fannie Mae Renews HQ Lease for Smaller Space
The new lease begins in June 2029 and runs for 16 years. Continue Reading Fannie Mae Renews HQ Lease for Smaller Space
Peachtree Group Taps Vickie Callahan to Lead Hospitality Management Division
In her new role, Callahan will oversee the company’s portfolio of owned and third-party managed hotels. Continue Reading Peachtree Group Taps Vickie Callahan to Lead Hospitality Management Division
Bill Giambrone, co-founder of Platinum Home Mortgage, Dies at 60
Giambrone teamed with his brother Michael Giambrone to create Platinum Home Mortgage in 1993. Continue Reading Bill Giambrone, co-founder of Platinum Home Mortgage, Dies at 60
NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion
Early delinquency transition rates for mortgages increased by 0.1 percentage point. Continue Reading NY Fed: Q2 Mortgage Debt Reached $12.52 Trillion
Healing Realty Trust in 3 New Preferred Real Estate Partnership Agreements
The announcement follows HRT’s recent closing the first tranche of its $25 million Series A funding round. Continue Reading Healing Realty Trust in 3 New Preferred Real Estate Partnership Agreements
Report: Denver Needs More than 500,000 Housing Units by 2050
The report also highlighted the need for new housing to be in proximity to public transportation. Continue Reading Report: Denver Needs More than 500,000 Housing Units by 2050
