Real Estate Agent Tools
How to Build Business Credit for Real Estate
Source: Credit . com --- Buying and selling real estate for commercial purposes can be an expensive endeavor. Many real estate investors typically have to start out using their own funds or personal credit to cover the cost of their new properties, even when they’re...
FAA eases rules on drone use, creating more opportunities for real estate marketing
Source: Realty Biz News--- Some tech-savvy real estate agents have already been using drones to create aerial videos and photos that enhance their listings. Now, their use could be expanded by new Federal Aviation Administration rules, the National Association of...
With Housing Market Dip, 7 ‘Million-Dollar Cities’ Remain in San Diego County
Source: Times of San Diego --- The U.S. has lost 58 “million-dollar” communities — areas where the typical home is worth $1 million or more — since the housing market peaked last July, a new analysis shows. One of them is in San Diego County, in Bonita, where that...
Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years
Source: CNBC --- Global warming has already caused irreversible damage to the earth’s ecosystems and communities, according to a critical report just issued from the United Nations Intergovernmental Panel on Climate Change. The damage is extending to the U.S. housing...
Is Apartment-phobia Driving America’s Housing Crisis?
Source: Intelligencer --- The United States is very good at sabotaging itself through policy errors. But few of our nation’s governing failures are as simultaneously needless and detrimental as our inability to build housing. There are between 1.5 million and 6...
Houston Housing Market Forecast
Source: US News --- Houston tends to appeal to a wide range of buyers. It's one of the more affordable major cities in Texas, and it's loaded with jobs and amenities. Evan Compean, founder and owner of Compean Group, has been in the Houston real estate business for...
Despite Banking Turmoil and Flight to Safety on Bonds, FOMC Raises FFR by 25bps
In what was deemed a “game-time decision” by Fed Chair Jerome Powell, the FOMC has opted to raise the Federal Funds Rate by .25%, or 25 bps, according to the statement released today. The target FFR is now 4.75-5%, which is now the highest it has been since 2007. The...
Luxury Home Sales in Miami-Dade Surpasses Pre-Pandemic Levels
Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released by the MIAMI...
A New Luxury Apartment Community is Coming to Norwalk, CT
Toll Brothers, Inc. a national builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Harris Realty Company LLC have announced a new joint venture to develop Piper, a six-story, 393-unit multifamily rental community in Norwalk, Conn....
As Housing Market Cools, Homebuyers are Putting Less Money Down on a Home
The typical U.S. homebuyer’s down payment fell 10% year over year in January to $42,375, its lowest level in nearly two years, according to a new report from Redfin, the technology-based real estate brokerage. The median down payment was down 35% from the peak it...
Higher input costs, speculation drive housing prices up
Source: VN Express International --- The increasing costs of land, materials, labor, legal procedures, and interest rates, as well as speculation, have all been pushing housing prices up for years, according to experts. In recent market reports, the Ministry of...
‘I thought things would start to cool down’: High rates, prices challenge homebuyers
Source: 13 WMAZ --- LOS ANGELES — Homeownership is likely to remain a pipe dream for many Americans this spring homebuying season. The nation’s worst housing slump in nearly a decade stoked hope among prospective buyers that homes could be scooped up more easily. But...
Recent Posts
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