Real Estate Agent Tools
Homebuyers on a $2,500 Monthly Budget Have Lost $118,000 in Spending Power This Year Amid Surge in Mortgage Rates
Source: Redfin --- A homebuyer on a $2,500 monthly budget has lost nearly $120,000 in spending power since the end of last year as mortgage rates have nearly doubled. That buyer can afford a $399,750 home at today’s mortgage rate of roughly 6%. That’s a staggering...
WHAT TO KNOW ABOUT AN OFFER TO PURCHASE IN REAL ESTATE
Source: RisMedia --- Buying and selling real estate is a big deal—and it can be a tricky to understand at times. That’s why it’s so important to have a clear understanding of the offer-to-purchase real estate form. This form can be a crucial part of the buying and...
$7 Billion Mixed-Use Development Plan Unveiled Around Chicago’s United Center
The housing element of the plan could encompass “various unit sizes and includes affordable, market rate and luxury.” Continue Reading $7 Billion Mixed-Use Development Plan Unveiled Around Chicago’s United Center
OUCH! Existing Home Sales Sink to Six-Month Low
The median existing-home price for all housing types in June was $426,900, an all-time high. Continue Reading OUCH! Existing Home Sales Sink to Six-Month Low
Prudent Growth Partners Buys Florida Shopping Center for $8 Million
Built in 2007, the property is located within a retail corridor in Miramar Beach just off Emerald Coast Parkway. Continue Reading Prudent Growth Partners Buys Florida Shopping Center for $8 Million
Housing Purchase Deals Being Canceled at Record Rate
Home prices only rose by a relatively scant 0.2% in June, the smallest month-over-month increase since January 2023. Continue Reading Housing Purchase Deals Being Canceled at Record Rate
Fannie Mae: Home Price Growth to Moderate as Listings Expand
“The housing market continues to wait for affordability to improve, even as the supply of new and existing homes for sale slowly rises,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Home Price Growth to Moderate as Listings Expand
Pretium Raises $1.5 Billion with Sixth Single-Family Housing Fund
Since 2020, Pretium has invested more than $2.62 billion toward new build-to-rent construction. Continue Reading Pretium Raises $1.5 Billion with Sixth Single-Family Housing Fund
Trump Seeks Reduction or Dismissal of $454 Million Judgment in Real Estate Valuation Fraud Case
A statement issued by the office of New York Attorney General Letitia James was dismissive of the appeal. Continue Reading Trump Seeks Reduction or Dismissal of $454 Million Judgment in Real Estate Valuation Fraud Case
A Phil Hall Op-Ed: A Couple of Obnoxious Real Estate Agents on Social Media
Atrocious hate speech messaging from two real estate agents is in the spotlight. Continue Reading A Phil Hall Op-Ed: A Couple of Obnoxious Real Estate Agents on Social Media
Sidekick in New Partnership with New York’s OneKey MLS
Sidekick’s integrated datasets and AI-powered workflow tools will be made available to the more than 45,000 OneKey MLS realtors. Continue Reading Sidekick in New Partnership with New York’s OneKey MLS
Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died
Pat Theodora, DocMagic’s chief financial officer, will assume Iannitti’s leadership role. Continue Reading Dominic Iannitti, Founder and Chief Executive at DocMagic, Has Died
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