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Home buyers turn to riskier loans as interest rates soar
Source: Click 2 Houston --- HOUSTON – Home buyers feeling financially squeezed by higher interest rates are increasingly being steered by real estate agents and mortgage brokers to potentially riskier types of mortgages, similar to those seen ahead of the 2008...
I Sold My Forever Home. Here’s Why
Source: The Motley Fool --- When my husband and I got married, we decided we wanted to wait to purchase a property until we found our forever home. We found getting a mortgage to be a big pain and moving to be an even bigger hassle, so we didn't want to go through the...
Mortgage rates could continue rise to 8.5%: NAR
Source: The Real Deal --- Mortgage rates could climb another 1.5 percentage points, according to a leading economist. National Association of Realtors chief economist Lawrence Yun predicted that interest rates could be on their way to 8.5 percent if they pass a...
New factors are influencing the residential real estate market
Source: The Berkshire Edge --- This month, Berkshire real estate professionals have been discussing home inventory, buyer demand and how an environment with rapidly changing mortgage interest rates may impact sales in the months ahead. At the close of the third...
Inside Meryl Streep’s Stunning Real Estate Portfolio
Source: Architectural Digest --- Because of Meryl Streep’s star power, it may come as a surprise just how relatively normal and low-key her personal life is. The prolific actor, who has been married to sculptor Don Gummer for 43 years and counting, holds the record...
Got $5? These startups allow for investments in slices of real estate
Source: Tech Crunch --- Although real estate is the world’s biggest asset class, it is largely inaccessible to non-institutional investors. The large sums of capital often required for an individual to purchase property combined with the industry’s reliance on manual,...
Why Redfin Sank as Much as 18.1% This Week
Source: The Motley Fool --- Investors are getting increasingly worried about the U.S. housing market. What happened Shares of Redfin (RDFN -7.03%) sank as much as 18.1% this week, according to data from S&P Global Market Intelligence.
PropTech Sector Sees Growing M&A Interest as Macro Trends Reshape Real Estate Market
Source: William Blair --- Technological innovation is disrupting the residential real estate sector as investors and innovative companies seek to address all parts of the homebuying value chain and improve the experience of both real estate agents and consumers. Key...
Some Real Estate Agencies Are Scrambling To Find Alternative Sources Of Revenue
Source: Yahoo --- In an effort to boost its revenue, real estate listings giant Zillow Group Inc. started a home-flipping business that it believed would create an alternative revenue stream to just marketing properties online. That strategy didn’t last long after...
Seven Charts Highlight the Strangeness of the Housing Market
Source: Planetizen --- Reporting for Bloomberg, Tracy Alloway and Joe Weisenthal examine the weirdness in today’s unprecedented housing market. “Yes, mortgage rates have shot up, crimping affordability. But at the same time, unlike in the era prior to 2008 and the...
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