Real Estate Agent Tools
Bad Inflation Reports Raise Odds of Surprise 0.75-Percentage-Point Rate Rise This Week
Source: The Wall Street Journal --- A string of troubling inflation reports in recent days is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate increase at their meeting this week....
Big landlords jump into the homebuilding business as demand for single-family rentals surges
Source: CNBC --- As demand for single-family rental homes surges, big landlords are jumping into the homebuilding business to shore up falling supplies. The push comes as more Americans have the flexibility to work from anywhere and are looking for larger spaces with...
Bank of Canada Announces Third Consecutive Rate Cut
The central bank acknowledged “high shelter price inflation” as an ongoing challenge. Continue Reading Bank of Canada Announces Third Consecutive Rate Cut
New Jersey Real Estate Agent Pleads Guilty for Conduct During Jan. 6 Riot
Robert Coppotelli was identified from video recordings from a jacket that bore his company’s name. Continue Reading New Jersey Real Estate Agent Pleads Guilty for Conduct During Jan. 6 Riot
Alabama Mortgage Officer Turned Realtor Killed in Gas Station Shooting
Wesley Fowler Jr. sold his first house a few days before his death. Continue Reading Alabama Mortgage Officer Turned Realtor Killed in Gas Station Shooting
Pending Condo Sales Down as Inventory Expands
Florida and Texas lead the nation in declining condo sales. Continue Reading Pending Condo Sales Down as Inventory Expands
Mortgage Application Activity Up 1.6%
Among the federal programs, the FHA share of total applications decreased to 14.6% from 15.3% the week prior. Continue Reading Mortgage Application Activity Up 1.6%
Global Net Lease Sells Two More Properties in Strategic Disposition Plan
Michael Weil, CEO of GNL, stated, “We are pleased with the rapid progress of our strategic disposition initiative.” Continue Reading Global Net Lease Sells Two More Properties in Strategic Disposition Plan
Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024
The Orchard last changed hands in 2018 for $4.35 million. Continue Reading Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024
CMBS Delinquency Rate Inches Up
The multifamily sector fueled the uptick. Continue Reading CMBS Delinquency Rate Inches Up
Finland Seeks to Ban Real Estate Purchases by Russians
The proposed policy change did not specifically name Russia, but made it obvious which nation was being targeted. Continue Reading Finland Seeks to Ban Real Estate Purchases by Russians
Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges
Christensen and Matic have been charged in a 21-count indictment with conspiracy to commit wire fraud, wire fraud, and money laundering. Continue Reading Oregon Real Estate Investment Firm Owners Indicted on Fraud Charges
