Real Estate News & Insights
Mortgage Application Activity Drops by Nearly 13%
The Refinance Index plummeted by 21% from the previous week. Continue Reading Mortgage Application Activity Drops by Nearly 13%
NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies. Continue Reading NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
AI home-buying and how it could change real estate
Source: Iowa Public Radio --- Have you heard of iBuying in the housing market? “In principle, iBuying simply means I go online and I want to sell my house. And somebody is willing to buy it off of my hands for cash quickly,” finance professor Gregor Matvos says. And...
5 ways the supercharged housing market is changing the Utah real estate game
Source: KSL --- Buying a home these days can feel like trying to grab a case of toilet paper at the store in 2020. There's a lot of competition and not a lot of inventory. It can be a real pain for buyers. But it doesn't have to be that way. Before you lose hope, it...
Utah real estate lawyer charged for defrauding clients
Source: ABC 4 --- Court documents filed by the U.S. Attorney’s Office say Salt Lake City-based real estate lawyer Calvin Curtis is being accused of defrauding his clients between January 2008 and July 2021. In one instance, Curtis allegedly sold real estate to a...
What Does ‘Two Business Days’ Actually Mean In Real Estate?
Source: Forbes --- A commercial purchase and sale contract required the seller to obtain estoppel certificates from building tenants and deliver them to the buyer “two business days” before the Closing Date for the deal. The Closing Date was Friday. So when exactly...
Rethinking real estate: The benefits of workforce segmentation
Source: Journal of Accountancy --- The pandemic has radically altered the way people think about and use physical space. As many people return to the office, how can organizations rethink their use of real estate in order to effectively balance business goals with...
Your Favorite Unhinged Real-Estate Show Is Almost Back
Source: The Cut --- Selling Sunset is (almost) back, baby! And this time … well, it’s pretty much the same: very beautiful, mostly blonde women selling wildly expensive houses for identical twin brothers Brett and Jason Oppenheim. If the trailer is any indication,...
Black homebuyers underrepresented in US real estate boom
Source: Yahoo News --- The Covid-19 pandemic has changed the nature of homebuying in the United States, but one constant is that Black Americans do not have the same access to a home of their own. Black purchasers made up just six percent of the total homebuyers this...
Real estate’s risks and opportunities ahead
Source: Top 1000 Funds --- As the demise of the office component in real estate allocations continues investors are favouring data centres, warehousing and low cost accommodation. Office and bricks and mortar retail have suffered most at the hands of the pandemic....
How to locate the best real estate offers
Source: Travel Daily News --- Real estate is a competitive market, and with many new investors fighting for the same product, finding good bargains is getting more challenging. Many property buyers make the unfortunate error of relying only on MLS (Multiple Listing...
Millennials are buying more homes, ahead in mortgage applications for 2021
Source: CNET --- The "lost" generation is rising as the new homebuyers. Could this shift the real estate landscape? Millennials applied for more mortgages than any other generation so far this year. More than half of home purchase mortgage applications (51%) were...
