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Scots worried about soaring mortgage rates as demand for advice on bills rises
Source: Daily Record --- Desperate Scots are flocking to an advice website for information on their mortgage payments during the cost of living crisis. Citizens Advice Scotland said there had been a 223 per cent increase in use of their mortgage calculator to work out...
CoreLogic: Mortgage delinquencies are down
Source: Houston Agent Magazine --- Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon. CoreLogic’s...
El Paso housing market ‘positioned for growth’
Source: El Paso Inc. --- The El Paso area is among the U.S. housing markets expected to grow the most in 2023, according to a national housing forecast. With mortgage rates and home prices rising and lending standards tight, many markets have slowed and some are...
8 secrets of the real House Hunters – the pros who can find the perfect home for you
Source: Homes & Gardens --- Forget the hype around HGTV's House Hunters – in real life, house hunting can be a frustrating and drawn out affair – all those properties that look great on the real estate agent’s website, only to disappoint when you see them in...
4 predictions for the 2023 real estate market in the Triangle
Source: The Business Journals --- Despite a cooling of the real estate market across the country in 2022, the Triangle has been moving full steam ahead with no signs of slowing. In fact, in 2022, Raleigh and Durham were listed high on Kenan Institute’s report on...
5 things wildly successful real-estate brokers do to get the most out of their days
Source: Insider --- What does a typical day as a real-estate agent look like? Most of the country's all-star brokers will say such a thing doesn't exist, but what's clear is that many of the pros at the top of their game share a handful of similar daily habits. ...
Long Island Real Estate Agents Give Their 2023 Predictions
Source: Hedges --- A new year has arrived and we’re all hoping for a strong 2023 ahead, particularly when we’re talking about the economy and real estate. After an unprecedented few years, we’re curious (and maybe a little anxious) about what changes we can expect in...
The most honest man in real estate thinks the housing market isn’t going to crash
Source: Insider --- On a hot July day seven years ago, Jonathan Miller took his 29-foot Hydra-Sports powerboat out into the Long Island Sound off the coast of Connecticut. The boat smelled like sea salt from his recent lobster-fishing trip. The water in the estuary...
The 10 Most Expensive Celebrity Real Estate Transactions of 2022
Source: Architectural Digest --- Once again, it’s time to pop champagne and look back on the most expensive celebrity real estate transactions of the year. In 2022, celebrities invested even more money in real estate than they did in 2021, when Calvin Klein’s East...
Mortgage delinquencies edge higher going into 2023
Source: firsttuesday Journal --- Underwater homeowners gain more company While an economic recession is not yet official in 2023, consumers are struggling to keep up with everyday expenses — including housing payments. 3.0% of U.S. mortgaged loans were 30 or more...
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