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A woman who bought a $19 million penthouse in NYC is suing a real-estate agency after she says they tricked her into thinking the building had a full-time doorman
Source: Yahoo News --- Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals. That’s...
The Great Sell-off has started in real estate
Source: Biz Journals --- It should not come as a surprise that the stubbornly high work-from-home percentage of workers is forcing large pension funds, private equity funds and institutional real estate investors to think twice about their portfolio of buildings.
THE STATE OF HOUSING SUPPLY: ‘NOT ENOUGH HOMES TO GO AROUND’
Source: Builder Online --- Economic uncertainty, inflation, and rising mortgage rates are clouding the picture for the U.S. housing market, which is also facing a structural deficit of both for-sale and rental homes. During the “Getting Serious About Housing Supply:...
What’s the answer to the U.S. housing crisis? Why national experts have eyes on Utah
Source: Deseret News --- It’s time to get serious about the U.S. housing supply crisis — a leading issue at the heart of the nation’s record high home prices, low rental vacancy rates and affordability problems. That was a key takeaway from a webinar hosted Thursday...
What’s considered luxury real estate?
Source: Bankrate --- You’ve thumbed the glossary magazines, scanned the listings pics, binge-watched all the residential real estate shows. And still, you’re not sure what counts as luxury real estate, exactly. Is it a property priced at $1 million-plus? A home with...
12 Tips on How to Stage Your Home for a Quick Sale
Source: Investopedia --- When real estate agents talk about staging your home, they're referring to a method of preparing a property for sale on the real estate marketplace. Staging is designed to showcase a home's best assets, impress buyers, and sell it quickly for...
Best US real estate markets in 2022, according to new report
Source: Wallet Hub --- Whether you’re joining the real-estate business or just looking for a place to call home, it’s important to get a handle on the housing markets you’re considering before investing in a property. This year, the housing market is skewed much more...
Eyeing a New Home? Experts Say You Should Budget for These Costs Even as Housing Prices Begin To Drop
Source: GO Banking Rates --- Home prices in the United States continue to drop amid a slowdown in demand tied partly to rising mortgage rates, but homes are still less affordable now than at any time in the past 30 years. For potential buyers, it means paying close...
Texas Dominates Top U.S. Housing Markets: Study | Tacoma News Tribune
Source: UWGB --- To rank local real estate markets, WalletHub measured housing-market attractiveness and economic strength. With mortgage rates and home prices still way above pre-pandemic levels, despite moderating in recent months, prospective home buyers are having...
Mortgage Rates Rise to 5.66%, Weighing on Housing Market
Source: US News --- WASHINGTON (AP) — Average long-term U.S. mortgage rates rose to their highest level in two months this week, providing no relief for a slumping housing market. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate rose to 5.66% from...
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