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Advice from a longtime real-estate agent: ‘Owners are moaners, and buyers are liars’
Source: MarketWatch --- The longtime real-estate agent snickered when I asked her to look back on her career and her clients. She said she had learned something that all agents soon come to recognize: “Owners are moaners, and buyers are liars.” Would she be willing to...
Ask a Broker: Is the real estate market really slowing down?
Source: Aspen Daily News --- The Roaring Fork Valley seems to always be in demand — and that is still true, even with the uncertainty in today’s market. The roaring ’20s, meaning 2020 and 2021, saw the biggest demand in housing our nation has ever experienced. Our...
The Jeff Bezos-Backed Real Estate Company Is On A Buying Spree For Single-Family Homes
Source: Yahoo --- The real estate investment platform backed by Amazon.com Inc founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties,...
US couples ask wedding guests for down payments on home mortgages
Source: New York Post --- Couples in the US are reportedly raising cash from their wedding guests for housing and other expenses, according to wedding planning websites like Zola and The Knot, according to a report. Housing related cash registries have doubled on Zola...
Market chaos forces UK lenders to pull mortgage products
Source: Reuters --- LONDON, Sept 26 (Reuters) - Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a real-world consequence of the market volatility thrown up by finance minister Kwasi...
Why the Fed’s housing reset risks a global recession
Source: Housing Wire --- When Federal Reserve Chairman Jerome Powell talked about a housing reset in June, it sent shockwaves around the country because it sounded so ominous. In the most recent FOMC meeting, held last week, Powell finally clarified what he meant by...
John Paulson on Frothy US Housing Market: This Time Is Different
Source: Yahoo --- John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. As he sizes up yet another frothy housing market some 15 years later, the founder of...
HARP Loan Program: How Did It Work?
Source: Investopedia --- When interest rates fall, many homeowners will refinance their mortgage to lock in a lower interest rate, which can reduce a borrower's monthly payment or allow a homeowner to build equity more quickly. However, one group of homeowners who...
OpEd: Long Island’s Real Estate Market is Always a Good Investment
Source: Long Island Press --- The Long Island real estate market has seen some tumult over the last few years. From a near-unprecedented surge to a stabilization due to a number of factors, one thing it hasn’t been is consistent. Yet, based on what we know about the...
The pandemic’s real estate jobs boom is turning into a bust as layoffs hit
Source: NBC News --- WASHINGTON — As housing sales slow amid higher interest rates, thousands of workers who found jobs in the booming housing market of the pandemic are now facing widespread layoffs with steeper cuts expected ahead. Some of the biggest players in...















