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REAL ESTATE MATTERS: Is buying over list price wise? Time will tell
Source: Herald-Tribune --- When we bought our house nearly 27 years ago, we wondered if we were overpaying. It was the mid-1990s and houses in our neighborhoods of choice were in extremely short supply. We couldn’t afford a house that someone else had already...
United States: How To Invest In Real Estate If You Know Nothing About Real Estate
Source: Mondaq --- One of the things going on today is that many investors would like exposure to real estate but – being honest with themselves – don't know how to determine where to invest or how to assess risk and reward. Of course, they could buy a public REIT but...
ACI Worldwide in $20 Million Settlement Over Mortgage Payment Mishap
On April 23, 2021, ACI Payments erroneously used live customer data in a test of its Speedpay platform. Continue Reading ACI Worldwide in $20 Million Settlement Over Mortgage Payment Mishap
Freddie Mac Debuts Tool to Match Borrowers with Down Payment Assistance Programs
DPA One is available at no cost to lenders, housing counselors and down payment assistance program providers. Continue Reading Freddie Mac Debuts Tool to Match Borrowers with Down Payment Assistance Programs
Canadian Home Starts Up in September
Bob Dugan, CMHC’s chief economist, said. “Multi-unit starts activity has persisted and maintained similar levels to 2022 despite the higher interest rate environment.” Continue Reading Canadian Home Starts Up in September
Homebuyers Need to Earn $114,627 to Afford a Median-Priced Home
Buyers “should think outside the box,” said Redfin Economics Research Lead Chen Zhao. Continue Reading Homebuyers Need to Earn $114,627 to Afford a Median-Priced Home
Longpoint Realty Partners Closes Third Institutional Fund
“The fund will serve our logistics clients by creating functional warehouse nodes close to population centers,” said Dwight Angelini, managing and founding partner at Longpoint. Continue Reading Longpoint Realty Partners Closes Third Institutional Fund
RE/MAX: September’s Median Sales Price Was $415,000
Homes sold for an average of 99% of the listing price in September. Continue Reading RE/MAX: September’s Median Sales Price Was $415,000
Housing Starts Up in September
Single‐family authorizations in September were at a rate of 965,000, up 1.8% from the revised August figure of 948,000. Continue Reading Housing Starts Up in September
Mortgage Application Activity Sinks to 28-Year Low
“The ARM share was 9.3%, the highest share in 11 months,” said the MBA’s Joel Kan. Continue Reading Mortgage Application Activity Sinks to 28-Year Low
Arkansas Orders Chinese-Owned Agtech Company to Sell Farmland
“This is about where your loyalties lie,” Gov. Sanders said. Continue Reading Arkansas Orders Chinese-Owned Agtech Company to Sell Farmland
Wyndham Rejects Choice Hotels’ $7.8 Billion Takeover Offer
“Choice’s offer is underwhelming, highly conditional, and subject to significant business, regulatory and execution risk,” said Wyndham Chairman Stephen P. Holmes. Continue Reading Wyndham Rejects Choice Hotels’ $7.8 Billion Takeover Offer
