Real Estate Agent Tools
Housing Market Update: More Sellers Drop Their Prices, But Buyers Find Little Relief
Source: Redfin --- The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, up from 9% a year earlier. The 5.9% increase is the largest annual gain on record in Redfin’s weekly housing data back...
How to take advantage of rising interest rates
Source: CNN --- In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by half a percentage point -- the first hike of that magnitude in 22 years. While the US economy is still operating in a fairly low rate...
A Phil Hall Op-Ed: Who Wants to Live in a Post Office?
Why did the USPS wait until now to realize that it had “certain surplus properties” that is could have jettisoned? Continue Reading A Phil Hall Op-Ed: Who Wants to Live in a Post Office?
Builder Confidence Drops to 7-Month Low
NAHB Chief Economist Robert Dietz predicted “Fed rate reductions to begin at the end of this year.” Continue Reading Builder Confidence Drops to 7-Month Low
Greystar Announces New Apartment Development in Suburban Orlando
The first units are scheduled for delivery in Fall 2025, with the completion of the full project slated for 2026. Continue Reading Greystar Announces New Apartment Development in Suburban Orlando
Cilantro Taco Grill to Open 110 Units Across Four States
The brand signed its first franchise agreement in January 2024. Continue Reading Cilantro Taco Grill to Open 110 Units Across Four States
Real Estate Leaders Push Back at Biden’s Rent Control Proposals
MBA’s Bob Broeksmit slammed Biden’s “politically motivated and self-defeating” proposals. Continue Reading Real Estate Leaders Push Back at Biden’s Rent Control Proposals
The Best and Worst Cities for First-Time Homebuyers Are…
Eight of the 10 worst cities for first-time homebuyers were in California. Continue Reading The Best and Worst Cities for First-Time Homebuyers Are…
Zillow: Price Cuts on One-in-Four Listings in June
Nearly one-quarter of listings (24.5%) received a price cut during June, according to new data from Zillow (NASDAQ:Z, ZG). Last month’s share marked the highest rate at this time of year since Zillow began tracking this data in 2018. Zillow also noted that home value...
Report: Swing State Homebuyers Paying 92% More on Housing Payments Since 2020
The median home-sale price in swing states has increased nearly 40% since 2020. Continue Reading Report: Swing State Homebuyers Paying 92% More on Housing Payments Since 2020
FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing
FHLBank Chicago has already committed more than $110 million in community investment support in 2024. Continue Reading FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing
Century Communities Revives Online Homebuying Sales Event
Among the benefits of the event are discounts of up to 25% off rates with competitive financing and rate lock programs. Continue Reading Century Communities Revives Online Homebuying Sales Event
