Real Estate Agent Tools
The Fed plans to ‘reset’ the housing market—raising the likelihood of falling home prices
Source: Fortune --- It’s not just about how expensive housing became—it’s how fast it got there. It only took 24 months for U.S. home prices to soar a staggering 37%. For comparison, the biggest two-year spike leading into the 2008 housing crash was 29%. Heading into...
A COMPLEX MARKET REQUIRES MORE SOPHISTICATED TOOLS
Source: RisMedia --- Each June, as we celebrate National Homeownership Month, it gives us a chance to reflect on the importance of homeownership and the role that real estate agents serve in making the American Dream of homeownership a reality for their clients....
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.77% as of July 18. Continue Reading Mortgage Rates Drop Again
California Leads the Nation with Commercial Property Foreclosures
June’s data marked California’s first monthly decline after seven consecutive months of rising commercial foreclosure levels. Continue Reading California Leads the Nation with Commercial Property Foreclosures
RE/MAX: June Home Sales Decline Amid Inventory Upswing
“It’s good to see inventory levels rising, as more listings represent more options for buyers,” said Amy Lessinger, President of RE/MAX. Continue Reading RE/MAX: June Home Sales Decline Amid Inventory Upswing
Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes
Visionary Homes was founded in 2004 and has 30 active Utah communities. Continue Reading Japanese Firm Acquires Majority Stake in Utah’s Visionary Homes
European Central Bank Holds Interest Rate
The ECB stated it was “not pre-committing to a particular rate path.” Continue Reading European Central Bank Holds Interest Rate
David Schreiber Named Chief Investment Officer at Cullinan Properties
Schreiber currently serves as vice chairman for Urban Land Institute’s national Commercial and Retail Development Council. Continue Reading David Schreiber Named Chief Investment Officer at Cullinan Properties
JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’
“Joe Biden’s inflation crisis, my friends, is really an affordability crisis,” he said. Continue Reading JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’
California Home Sales Edged Lower in June
The million-dollar-and-higher market segment rose year-over-year in June by 2%. Continue Reading California Home Sales Edged Lower in June
Proposed Law Would Require Air Conditioning for All NYC Tenants
Roughly 350 New Yorkers die from heat-related illnesses each summer. Continue Reading Proposed Law Would Require Air Conditioning for All NYC Tenants
HUD Proposes New Rule for Governing FHA Mortgage Note Sales
HUD is requesting public comment on its proposal by Sept. 16. Continue Reading HUD Proposes New Rule for Governing FHA Mortgage Note Sales
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