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Looking For A Great Real Estate Agent? Here’s What You Need To Know
Source: Patch --- Navigating the homebuying process can be challenging — especially for new buyers. New American Funding is committed to supporting its customers every step of the way, from mortgage pre-approval to closing. To help with this, New American Funding...
Lincoln Property Company Expands Pacific Northwest Leadership Team
National real estate firm Lincoln Property Company announced two key Pacific Northwest leadership moves to support the firm’s continued commitment to the region. Real estate professional Ryan Feigelson has joined the firm as Senior Vice President, responsible...
Redfin Reports Half as Many Affordable Homes for Sale in 2022 as in 2021
Roughly one in five (21%) U.S. homes for sale in 2022 was affordable for the typical household, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from two in five (40%) in 2021 and the lowest share on record. A...
New Again Houses Partners with Veracrest to Expand its Brokerage
Veracrest, a real estate brokerage-as-a-service (BaaS) company, has partnered with New Again Houses® (NAH) to unlock untapped value streams in the NAH Network by providing a turnkey brokerage solution for their ecosystem. NAH franchise owners currently serve over...
California Real Estate Firm Employs AI to Compile Data
Diamond Real Estate Group, whose suite of real estate services utilizes artificial intelligence, is debuting its proprietary, AI-powered platform and revamped website. The luxury and investment real estate brokerage, founded in 2021 by CEO Matthew Martinez, seeks to...
US home prices could plunge 20% amid risk of ‘deep’ housing slide, Fed economist warns
Source: Fox Business --- U.S. home prices could tumble as much as 20% as the highest mortgage rates in two decades threaten to trigger a "deep global housing slide," according to research from the Federal Reserve Bank of Dallas. The global housing market has become...
This State Has the Highest Real Estate Taxes (and It’s Not Even Close)
Source: The Motley Fool --- Residents in this state pay about three times the national median. The median U.S. homeowner pays 1.11% of their home's value in property taxes each year. And based on 2021 home-price data, this translates to a median tax bill of $2,971....
More US Homebuyers Are Paying in Cash, Sweeping a Majority of Sales in Some Markets
Source: Yahoo! Finance --- The share of all-cash deals rose to the highest since 2013 last year, while institutional investors, who usually account for many cash sales, retreated, according to data from real estate data analytics firm Attom. That suggests more regular...
London property forecast: capital predicted to be global ‘megacity’ with house prices 12 times incomes by 2037
Source: Evening Standard --- With house prices expected to reach 12 times annual salaries, the capital is set to become one of the least affordable cities in the world. London is set to become one of the least affordable cities in the world, along with Tokyo, Tel...
Boon for Buyers: The 10 U.S. Cities With the Biggest Increases in Homes for Sale
Source: Realtor.com --- Where are all the homes, anyway? Ever since the COVID-19 pandemic ignited a nationwide housing boom, wannabe buyers have been plagued by bone-dry home inventory levels in many markets—causing them to either wait on the sidelines for more...
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