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US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says
Source: Business Insider --- US house prices are set to fall further this year as the Federal Reserve pushes ahead with interest-rate increases, according to real-estate veteran and board member of the Mortgage Bankers Association Jeff Taylor. "I anticipate on a...
How much commission do real estate agents really make?
Source: The Property Tribune --- Be sure to ask real estate agents what their commission and fee structures are when interviewing them. This will allow you to compare them on an even playing field and choose the best agent for you and your property. When you sell a...
Austin realtors push back on Central Texas real estate market ‘bust’
Source: MySA --- Those with vested interests in the Austin housing market have swapped emotional places over the last six months. Sellers and landlords, once jumping for joy at the leverage with which they could insist on all-cash offers right now, and, by the way,...
Here’s what’s happening with home prices as mortgage rates fall
Source: CNBC --- The U.S. housing market cooled off pretty dramatically last year, after mortgage rates more than doubled from historic lows. Home prices, however, have been stickier. Prices began falling last June, but are still higher than they were a year ago. Now,...
Home prices are down — but not enough to ease affordability
Source: Bankrate --- Home prices are still high. But they’re not rising quite as much. Nearly 90 percent of the country’s metro areas saw single-family home prices rise in the fourth quarter of 2022, according to the newly released Metropolitan Median Home Prices and...
Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone
Zillow has uncovered a heartbreaking truth for apartment-hunting singles: Renters living in a one-bedroom on their own face a yearly "singles tax" of nearly $7,000, according to an analysis by Zillow. While singles across the country pay a high price for a solo...
Rocket Companies Announces CEO Transition Plan
ay Farner, CEO of Rocket Companies, plans to retire from his position effective June 1, 2023 after 27 years with the company. Rocket Companies is a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services...
Leading Texas Real Estate Team Forms New Company Under Sotheby’s International Realty Brand
Sotheby's International Realty has announced that Southern District Properties Group has joined the network and will now operate as Southern District Sotheby's International Realty. The addition marks the brand's continued growth in Texas and its 28th office in the...
Two Executives Join Blackstone Real Estate Company in Los Angeles
April Housing, a Blackstone Real Estate portfolio company committed to the creation and preservation of high-quality affordable housing in the U.S., has hired Nina-Lee Jewell Alhambra to serve as Chief Operating Officer and Brian Lee as the new Chief Financial...
The Rise of Built-for-Rent
Source: US News --- The housing market continues to be incredibly tight for home buyers, with just 2.7 months of available housing supply for sale as of November 2022, but it’s also not been a picnic for renters, who are fighting for units in an increasingly...
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