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Faes & Co. Launches Private Credit Fund for Real Estate Bridging Finance
The Faes & Co Income Fund will invest in loans originated by Faes & Co.’s own group company, F2 Finance, which was launched earlier this year. Continue Reading Faes & Co. Launches Private Credit Fund for Real Estate Bridging Finance
RentSpree in Partnership with Florida’s Stellar MLS
“Our integration into the Stellar MLS platform offers brokers and agents immediate access to RentSpree’s robust tools,” said Co-Founder & CEO Michael Lucarelli. Continue Reading RentSpree in Partnership with Florida’s Stellar MLS
Additional Reading: Realtor Tools & Insights
Real estate agent offers tips to compete in Columbus housing market
Source: 10 WBNS --- COLUMBUS, Ohio — Columbus real estate agents say the market isn’t slowing down anytime soon, even with the high price tags and high interest rates. To complete in today’s market, buyers have to get creative and make some compromises. Real estate...
The Next Generation of Blockchain Technology May be Coming to Real Estate
Dadvan Yousuf, a Bitcoin investor, has resigned from Dohrnii Project to launch his new company, Blockchain Circle. Yousuf decided to step away from the company he founded to pursue his new passion for democratizing the real estate investment industry by representing...
Investors are Still Flipping Houses, But Profits are Down
ATTOM, a leading curator of land, property, and real estate data, today released its year-end 2022 U.S. Home Flipping Report, which shows that 407,417 single-family homes and condos in the United States were flipped in 2022. That was up 14 % from 357,666 in 2021, and...
TO BEST SERVE CONSUMERS, REALTORS® MUST HAVE THEIR OWN FINANCIAL HOUSE IN ORDER
Source: RisMedia --- A quick look at the U.S. housing market earlier this winter indicated some cooling from the early days of the pandemic. In February, the National Association of REALTORS® (NAR) reported that existing home sales were down 7.2%. This came on the...
Housing Market Update: More Sellers Drop Their Prices, But Buyers Find Little Relief
Source: Redfin --- The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, up from 9% a year earlier. The 5.9% increase is the largest annual gain on record in Redfin’s weekly housing data back...
How to take advantage of rising interest rates
Source: CNN --- In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by half a percentage point -- the first hike of that magnitude in 22 years. While the US economy is still operating in a fairly low rate...
Your House Could Be Closer to List-Ready Than You Think
Source: Keeping Current Matters --- One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in...
Here’s a Smart Strategy to Make Your Small Living Room Feel Larger, According to an Expert
Source: Apartment Therapy --- If you have a small living space, there’s not much you can do about longing for enough seating to accommodate all your guests or a space large enough to fit that extra-large couch you’ve been eyeing. However, you can make your living...
Century 21 CEO warns US didn’t ‘build enough homes’ for this ‘pent-up’ demand
Source: Fox Business --- Even though mortgage rates are rising at their highest pace since 1994, Century 21 CEO Mike Miedler argued that’s not the biggest problem facing the real estate market on "Mornings with Maria" Thursday. "Honestly, we just have not built enough...
Below the Hollywood Sign, a Once ‘Private, Secret’ Enclave Becomes a Home-Buying Hotspot in Los Angeles
Source: Wall Street Journal --- It’s 9 a.m. on an April Sunday, and Eric Smith is drinking tea, looking out over the city of Los Angeles from the balcony of his two-level, midcentury modern in a tree-filled, mountainous neighborhood called Hollywoodland—just a few...
Migration Hotspots in the Sun Belt Are Home to the Nation’s Highest Inflation Rates
Source: Redfin --- An influx of people moving into Phoenix, Tampa and Atlanta has led to rapidly rising home prices, one contributor to outsized inflation in those areas. Those Sun Belt metros are still relatively affordable, but scores of new residents and high...
As mortgage rates rise, here’s how to decide whether you should buy a home or rent
Source: CNBC --- It’s becoming harder to afford a home. Prices are up almost 20% year over year, and mortgage rates are soaring. The rate for a 30-year fixed loan is now 5.57%, according to Mortgage News Daily, up from 3.29% at the start of the year. At the same...
Regulators propose first major revamp to fair housing rules since 1995
Source: CNBC --- Bank regulators on Thursday proposed the first sweeping changes in more than 25 years to a controversial law aimed at increasing lending to low- and moderate-income communities. The changes would tailor the Community Reinvestment Act’s approach to...
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