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Forget Florida—U.S. Retirees Are Hitting the Rainforest in Ecuador
Source: Mansion Global --- When American expat retirees and vacation-home shoppers look outside the U.S. they traditionally flock to the Caribbean, Baja or Costa Rica to take advantage of peaceful surroundings and more value for their dollar. Now, a new hotbed for...
How Do Real Estate Agents Get Paid? Exploring Different Compensation Structures
Source: The Enlightened Mindset --- Introduction Real estate agents play an important role in the housing market. They help buyers and sellers navigate the complex process of buying or selling a home, from finding the right property to negotiating contracts. But how...
How Much Money Do Real Estate Agents Make? An In-Depth Analysis
Source: The Enlightened Mindset --- Introduction Real estate agents are professionals who help people buy or sell property. They work to guide clients through the entire process, from finding a suitable property to negotiating the sale. As a result, they can be highly...
Housing expert: ‘We can expect mortgage rates to go down’
Source: Yahoo! News --- Homebuyers may finally catch a break this year, says one expert, as signs of fading inflation could drive mortgage rates lower as soon as this month. “Mortgage rates have declined by almost a full percentage point since they peaked in...
Current State of the Housing Market; Overview for mid-January
Source: CalculatedRisk Newsletter --- New Listings Have Declined Significantly Here is a graph of new listing from Realtor.com’s December Housing Trends Report showing new listings were down about 21% year-over-year in December. And the local markets I track that have...
Colorado’s shifting housing market and what it means for 2023
Source: Denver 7 ABC News --- DENVER — With the new year, many Coloradans are looking at the next 12 months trying to make sense of the ever-changing real estate market in the midst of an uncertain financial picture. This comes as things really slowed down in...
Bank Will Pay $31 Million After Discriminating Against Black And Latino Communities
Source: Forbes --- The United States Department of Justice has reached a $31 million settlement with City National Bank in a historic housing discrimination case. City National, based in Los Angeles, is one of America’s 50 biggest banks. This settlement is the...
Foreign Buyers Are Descending on Turkey’s Idyllic Coastal Town Kas
Source: Mansion Global --- The seaside town of Kas in Turkey’s Antalya province has an alluring coastal location, romantic Mediterranean looks and a history dating back to the 6th century B.C. The serene resort town is set along a wide bay and the Çukurbag (or Kas)...
What will 2023 bring to the housing market? Predictions include price drops, ‘terrible consolidation,’ but better buyer balance
Source: Deseret News --- If 2022 was a roller coaster year for the housing market, 2023 is expected to bring a painful but necessary real estate hangover. Nationally, a growing number of experts and firms are predicting U.S. home prices will fall, some expecting...
Mortgage repayments for new buyers now ‘close to pre-2008 levels’
Source: FT Adviser --- Mortgage repayments now make up nearly 40 per cent of a first-time buyer’s net take-home pay, which high street bank Nationwide has said is “close to the levels seen in the run up to the financial crisis”. Senior economist at the bank, Andrew...
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