Real Estate News & Insights
View top national real estate news articles, advice, insights, and more. Subscribe to UpdatesMost Recent Real Estate News
Get the top headlines in local and national real estate news today in the articles below. Do you have news you would like to contribute? Submit a guest post here. To receive weekly updates with the top articles in your area, subscribe for free today!
As demand for real estate VR booms, Founders Fund leads $16M round into Giraffe360 platform
Source: TechCrunch --- The property industry now requires high-quality photographs, floor plans and virtual tours, so the industry for software providers in the space is booming. The whole area was accelerated during the pandemic, when many property viewings migrated...
9 Most Common Benefits of Homeownership
When it comes to buying a home, there are numerous perks that you should consider—financial stability, financial strength, and tax deductions, to name a few. Also, owning a house means you have a permanent home and, most importantly, a sense of belonging in your...
Additional Reading: Top Real Estate News & Headlines
Should You Use a Buyer’s Agent?
Source: US News --- Buying a house can be one of the most difficult and complicated purchases you make in your lifetime. Not only is the amount of money you’re dealing with substantial, the many, many legal ins and outs of real estate transactions can be confusing...
2023 Could Be an Explosive Year for Real Estate Investing. Here’s Why.
Source: Crossroads Today --- 2022 wasn’t a fantastic year for investors across the board. The stock market fell 16% year over year, with several dips into bear market territory. Real estate didn’t fare much better. The median home price reached its highest point in...
4 Housing Truths Buyers and Sellers Are Struggling to Face
Source: The Ascent --- It's been a wild couple of years for the housing market. For starters, home values have climbed since the buying boom that started not long after the COVID-19 pandemic hit the U.S. in spring 2020. According to data from the Federal Reserve Bank...
Who gets higher real-estate prices, owners or agents?
Source: Washington Post --- It’s time to take a few steps back, build up a head of steam and dive headfirst into our favorite descriptive data sets and reader questions. Here’s the latest Data Dive! Owners vs. agents: Who sells it best? Do for-sale-by-owner sellers...
US home buyers in high-cost areas could soon get $1m mortgages with just a 3 percent deposit after caps for federally-backed loans raised – most Americans in less expensive areas eligible for up to $726,000
Source: Daily Mail --- More Americans will be able to obtain a $1 million mortgage than ever before, thanks to action recently taken by government agencies. The Federal Housing Finance Agency announced this week that the cap for home loans backed by Fannie Mae and...
Home prices continue decelerating across country, per new report
Source: Bankrate --- Could housing prices finally be coming back down to earth? Home-price growth continued to decelerate for the sixth straight month in September 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released November 29,...
‘Flatlined’ — or not? 5 economists and real estate pros on what will happen to the housing market next
Source: Market Watch --- The housing market is in flux. Home prices nationwide increased year-over-year by 11.4% in September 2022, according to CoreLogic. But on a month-over-month basis, home prices actually declined, dropping 0.5% from August to September of this...
Is Real Estate a Better Investment Than the Stock Market?
Source: A Wealth of Common Sense --- A reader asks: We own a cash-flowing rental property with a sub-3% mortgage with 28 years remaining. On the Aug 18th episode of Portfolio Rescue, Barry said “Real estate more or less returns zero net of inflation.” However, does...
More of Your Paycheck Is Going to Pay Rent. Which Cities Are Keeping Pace?
Source: The New York Times --- With skyrocketing rents, landlords aren’t just taking more of your cash — they’re spending more of your time. The typical full-time employee in the United States worked nearly 63 hours in October to pay an average rent of $2,040 — almost...
Bank of America CEO predicts two years of pain ahead in the housing market
Source: CNN Business --- New YorkCNN Business — The CEO of one of the nation’s largest banks is preparing for an economic downturn in 2023. But he’s also hopeful that the likely recession will be brief and “mild.” Bank of America (BAC) CEO Brian Moynihan said in an...
Wait, What? Wharton Professor Jeremy Siegel Says The Housing Market Is Going To Do This
Source: Yahoo! --- Jeremy Siegel, a professor at Wharton, predicts that the housing market will see negative growth as a result of future Federal Reserve interest rate increases that will raise mortgage rates even further. Due to the average rate for a 30-year fixed...
Real Estate Trends: Are We Headed For Another Housing Market Crash?
Source: Forbes --- Key takeaways Many industry leaders, including Goldman Sachs, have altered their predictions for the housing market since early Fall 2022. While mortgage rates have dropped over the past several weeks, they’re not likely low enough to impact...
Millions of housing units are needed in the US
Source: The Real Deal --- One of the biggest reasons affordable housing isn’t available in the most expensive cities in the U.S. is because those localities aren’t permitting enough homes to be built in them, the Atlantic reports. Some areas have allowed housing to...
Housing Prices Likely to Have Slow Fall in 2023
#realestate
https://wrenews.com/?p=20329
Mortgage demand falls again even as rates sink further
#realestate
https://wrenews.com/mortgage-demand-falls-again-even-as-rates-sink-further/
Zillow’s Predictions for the 2023 Housing Market
#realestate
https://wrenews.com/?p=20324