Real Estate News & Insights
The Agency Opens Fifth Texas Office
The Agency Rockwall will be led by Managing Partners Heather Stevens and Vanessa Griffin. Continue Reading The Agency Opens Fifth Texas Office
An Open Letter to America’s Real Estate Professionals: The Future of Homeownership Demands Our Leadership
Weekly Real Estate News’ publisher calls for a new emphasis on leadership in the real estate profession. Continue Reading An Open Letter to America’s Real Estate Professionals: The Future of Homeownership Demands Our Leadership
With many Americans house rich, here are the best ways to tap your home for cash
Source: CNBC --- Many Americans are suddenly house rich. On paper, anyway. Soaring home prices have resulted in a record amount of home equity on hand. By the end of last year, roughly 46 million homeowners held a total $7.3 trillion in equity to tap, the largest...
Young military families tap veteran benefits to buy homes in a hot real-estate market
Source: CNBC --- Eddie Valdivia, 34 and his wife, Vanessa, 36, workers at the Red Cross, bought their first house last October, right in the middle of the pandemic. It’s a three-bedroom, three-bathroom house on a half-acre in Palmdale, California, about 90 minutes...
Calculating The ROI Of Social Media In Commercial Real Estate
Source: Forbes --- For anyone struggling with how to measure success or the success of people in your company on social media, it is possible to have clear, attainable goals in commercial real estate. We just need to give people a target to hit. We begin by...
Loan Modifications Affect the Mortgage Ecosystem
Source: Scotsman Guide --- The Consumer Financial Protection Bureau (CFPB) has been closely monitoring the loan default situation and is taking various steps in a bid to prevent a wave of foreclosures that could result from borrowers exiting their mortgage forbearance...
The housing market is booming but remains deeply unequal
Source: The Washington Post --- The current housing market features plenty of prospective buyers but few sellers, and is likely to make housing inequality and the racial wealth gap much worse. Politicians are beginning to grapple with this problem. President Biden...
Redfin Survey: One-Third of Millennial Homebuyers Are Using Extra Savings From the Pandemic for Their Down Payment
Source: Redfin --- Private outdoor space is the number one feature buyers are looking for this year. Rising prices are the top concern, reflecting America’s hot housing market, with price growth hitting double digits every month this year. For nearly one-third (31%)...
Investors Buying Real Estate to Beat Inflation May Find Tactic Backfires
Source: The Wall Street Journal --- Investors are eyeing real estate as a way to hedge against inflation. Many are bound to be disappointed. While single-family homes usually perform well during inflationary periods, values of offices, retail buildings and other...
Mortgage Loans in Forbearance Dips to 4.2 Percent in U.S.
Source: The World Property Journal --- The latest Mortgage Bankers Association Forbearance and Call Volume Survey has revealed that the total number of U.S. loans now in forbearance decreased by 3 basis points from 4.22% of servicers' portfolio volume in the prior...
California Median Home Prices Hit Record High $800,000 in April
Source: The World Property Journal --- The California Association of Realtors reported this week that heated market conditions and a shortage of homes for sale continued to put upward pressure on home prices in California, driving the state's median price above the...
Aging in Place Comfortably and Stylishly
Source: New York Times --- They never wanted to call it retirement, but for Susan Farnsworth, Leigh Hough and Jean-Philippe Jomini, a throuple — a romantic partnership of three people — that has lived together as an intentional family for over 15 years, it felt...
