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Mortgage Lending Activity Slumps Across Country to Lowest Point in Nearly Nine Years
ATTOM, a curator of land, property, and real estate data released its fourth-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 1.52 million mortgages secured by residential property (1 to 4 units) were originated in the fourth...
Home prices set for double-digit plunge in major Western US cities: Goldman Sachs
Source: New York Post --- Four US cities that experienced housing booms during the COVID-19 pandemic are set for major declines in home prices by the end of next year, according to Goldman Sachs analysts. The pandemic boomtowns of Austin, Seattle, Phoenix and San...
Realtor.com February Housing Report: Housing Inventory Recovery Continues, Giving Buyers More Options
The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, signaling the housing market's continued rebalancing, according to the Realtor.co Monthly Housing Trends Report. Despite the significant...
In March, Mortgage Rates Will Have Little Reason to Fall
Source: Nerd Wallet --- March mortgage rates forecast The economic calendar in March is not friendly to mortgage rates. There's not much on it to motivate rates to fall. After rising sharply in February, mortgage rates are more likely to level off or go up a little...
The Top Real Estate Companies in Virginia
Source: US News --- Virginia's moderate climate makes it a desirable choice for many home buyers. The average home value in Virginia is about $352,000, according to Zillow. And over the past year, home prices have risen 7%. The amount you'll spend on a home in...
‘The Fed screwed up’: Real estate billionaire Sam Zell just warned that hot inflation isn’t going away anytime soon — here are 3 shockproof assets to help protect your wealth
Source: Yahoo! Life --- With headline inflation figures coming down and a strong labor market, some say that the U.S. economy could be on its way back up. But billionaire investor Sam Zell does not share that optimism. “When you spread out free money for years at a...
Multifamily Real Estate Predictions For 2023
Source: Forbes --- The multifamily space has been performing incredibly well for the past two-plus years with record demands for rentals, surging rental rates and accelerated demographic changes that have had people flocking to new markets in droves. In aggregate,...
Mary Ellen Pleasant: The Impact of a Real Estate Pioneer
In honor of Women’s History Month, Weekly Real Estate News will be sharing impactful stories all month long to shed light on the women in real estate who have helped pave the way for advocacy in homeownership. This week, we will share the story of Mary Ellen Pleasant,...
What to expect as Spring Real Estate Market is about to kick into high gear
Source: Boston 25 News --- Mass — This is the time when home buyers and sellers come out of hibernation. The spring real estate market is the busiest time of year. Melissa Philley and her husband just hit the jackpot: they had an offer accepted on a single-family home...
Boise Housing Market Forecast
Source: US News --- Located near the foothills of the Rocky Mountains, Boise, Idaho consistently ranks highly among other metro areas for its quality of life and fast growth. Boise is a hub for many industries and a growing tech sector has helped boost the small...
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