Real Estate Agent Tools
What happened when the SBA ran out of small-business real estate loan money
Source: North Bay Business Journal --- For the first time in its history, the U.S. Small Business Administration ran out of money to lend for real estate and equipment acquisitions. The funds in the 504 program were exhausted as of Sept. 7 for the 2020–2021 fiscal...
Mortgage rates top 3% again — and this time they’re not likely to go back down
Source: Yahoo Finance --- Mortgage rates, which recently dipped below 3% again — delighting home shoppers and homeowners looking to save on a refinance — have surged back above that line, according to a long-running and closely followed survey. The increase is...
Pending Home Sales, Buyer Affordability Down in January
The national median payment applied for by purchase applicants increased to $2,134 from $2,055 in December. Continue Reading Pending Home Sales, Buyer Affordability Down in January
Home Mortgage Lending Activity Sank During Q4 2023
The fourth quarter total was also a 16.5% decline from the same period in 2022. Â Continue Reading Home Mortgage Lending Activity Sank During Q4 2023
Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
The monthly mortgage payment on a typical home has nearly doubled since January 2020. Continue Reading Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
New Jersey Development Site Sells for $7.5 Million
CBRE procured the buyer for the transaction, which is the third sale that the brokerage completed on behalf of the seller. Continue Reading New Jersey Development Site Sells for $7.5 Million
Matthew M. Partridge to Step Down as SVP/CFO at CTO Realty Growth
Partridge will be leaving the company to pursue another opportunity with a new venture not in the REIT industry. Continue Reading Matthew M. Partridge to Step Down as SVP/CFO at CTO Realty Growth
New Home Star Releases AI Platform for Real Estate Sales Training
CEO David Rice called his offering “the most comprehensive library of sales training tools and resources anywhere online.” Continue Reading New Home Star Releases AI Platform for Real Estate Sales Training
Trump Seeks to Post $100 Million Bond in Real Estate Fraud Case
New York Attorney General Letitia James called the request by Trump “especially inappropriate.” Continue Reading Trump Seeks to Post $100 Million Bond in Real Estate Fraud Case
US Housing Market Gained $2 Trillion in Value in 2023
The total value of homes in urban areas rose 3.6% year over year to $10.1 trillion in December. Continue Reading US Housing Market Gained $2 Trillion in Value in 2023
New REIT Focuses on North Dakota and Upper Midwest Real Estate
EPIC Companies focuses on developing commercial rentals with office and retail space, industrial rentals, and multifamily spaces. Continue Reading New REIT Focuses on North Dakota and Upper Midwest Real Estate
Now Open For Vacation Rentals: The Eggo House of Pancakes
The tourist rental features a stick-of-butter-shaped chimney and breakfast-inspired decor. Continue Reading Now Open For Vacation Rentals: The Eggo House of Pancakes
