Real Estate News & Insights

Home prices keep shattering records: How can buyers cope?

Home prices keep shattering records: How can buyers cope?

Source: Bankrate --- Home prices can’t keep going up forever. Can they? During the COVID-19 contagion, Americans proved willing to pay a premium for homes — so much so that home prices shattered all records. Spurred by historically low mortgage rates, lack of...

Mortgage Bond Sales Surged in October

Mortgage Bond Sales Surged in October

Source: Wall Street Journal --- Mortgage companies in the U.S. issued $21 billion of mortgage-backed bonds in October, the second heaviest month of borrowing since the 2008-09 financial crisis, according to research by Bank of America Corp. One reason: It is cheaper...

Could Zillow buy the neighborhood?

Could Zillow buy the neighborhood?

Source: Vox --- Anything can be done online. Some tech companies, like Zillow and Redfin, think they can even buy and sell houses online, and are dreaming of becoming the Amazon of what has come to be known as ‘‘iBuying.” But they’re finding out that buying and...