Real Estate Agent Tools
With rising inflation and a hot housing market, here’s what you need to know about buying a home right now
Source: CNBC --- Higher prices are almost everywhere. Americans are paying more these days for products like food and gasoline, thanks to rising inflation. Of course, this rising inflation will also impact the cost of buying a new home. “With inflation rising so...
A Subtle New Pitfall For Mezzanine Loan Borrowers
Source: Forbes --- Commercial real estate financing structures often include not only mortgage loans but also mezzanine loans. These latter loans are secured by pledges of ownership interests in the mortgage borrower. If the mezzanine loan defaults, the mezzanine...
363 Acres of Virginia Development Land to be Auctioned
The property is being offered in eight tracts from five to 123 acres. Continue Reading 363 Acres of Virginia Development Land to be Auctioned
McDonald’s Buys Back All Franchise Locations in Israel
McDonald’s Corporation (NYSE:MCD) announced it has been signed an agreement with Omri Padan, owner and CEO of Alonyal Limited, to buy back all 225 franchise locations in Israel owned by Alonyal. Upon completion of the transaction, McDonald’s Corporation will own...
Discount Retailer 99 Cents Only Stores to Close All 371 Locations
The company operates retail locations in in Arizona, California, Nevada, and Texas. Continue Reading Discount Retailer 99 Cents Only Stores to Close All 371 Locations
Zillow: Half of 2023’s Homebuyers Were First-Timers
Last year’s figure represented the highest share in the report’s six-year history and is up from a low of 37% in 2021. Continue Reading Zillow: Half of 2023’s Homebuyers Were First-Timers
Tech Trends: A Quartet of Updated Offerings
This week’s offerings can help locate lost phone and screen for tenants with pets. Continue Reading Tech Trends: A Quartet of Updated Offerings
Scott Sellers to Replace Bill Ackman as Howard Hughes Holdings Chairman
Pershing Square Partner Ben Hakim is being nominated to replace Ackman on the board. Continue Reading Scott Sellers to Replace Bill Ackman as Howard Hughes Holdings Chairman
Garry Marsoubian Appointed CEO at MLS Now
Marsoubian previously held executive positions at Greater Tulsa MLS and Bright MLS. Continue Reading Garry Marsoubian Appointed CEO at MLS Now
KeyBank in New Partnership to Increase Investment in Underserved Communities
KeyBank will provide $17 million to fund grants, down payment assistance, fee waivers, product and branch expansion and marketing. Continue Reading KeyBank in New Partnership to Increase Investment in Underserved Communities
Mortgage Rates Still Hovering Near the 7% Level
“We do not expect rates will decrease meaningfully in the near-term,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Still Hovering Near the 7% Level
Northeast and Midwest Lead the Nation with Highest Property Taxes
The average tax on single-family homes in the U.S. increased last year by 4.1% to $4,062. Continue Reading Northeast and Midwest Lead the Nation with Highest Property Taxes
