Real Estate News & Insights
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
61% of respondents stated that home prices being too high was their biggest barrier to buying. Continue Reading Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
The Spelling Manor’s $110 million sale price was far greater than the runner-up on the list, a $51 million transaction in Delray Beach, Florida. Continue Reading $110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
Sandra Howard Named Chief Marketing Officer at Keller Williams
“People don’t choose brands they know; they choose the ones that choose them back,” said Howard. Continue Reading Sandra Howard Named Chief Marketing Officer at Keller Williams
Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Bessent added cuts could have occurred if the Fed officials had access to revised labor market data. Continue Reading Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
“The neighboring properties and surrounding community often say a lot about what life might be like there for you, as a resident,” says Don Kottick, President of REMAX Canada. Continue Reading Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
Refinancing Surge Fuels Rise in Mortgage Application Activity
The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.9% on a seasonally adjusted basis from one week earlier. Continue Reading Refinancing Surge Fuels Rise in Mortgage Application Activity
Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million
Aldi and Dollar Tree are the anchor tenants. Continue Reading Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million
John Hedlund to Become MBA’s Next Vice Chairman
Hedlund is vice chairman of ICE Mortgage Technology. Continue Reading John Hedlund to Become MBA’s Next Vice Chairman
Canadian REIT Buys Dallas-Area Apartment Complex for $87.5 Million
The Ownsby comprises 368 apartment units, including one-, two-, and three-bedroom suites. Continue Reading Canadian REIT Buys Dallas-Area Apartment Complex for $87.5 Million
Foreign Ownership and America’s Land: Drawing the Line Where Security Begins
When property deals move from economic opportunity to national vulnerability, it’s time for Americans to know the facts — and defend what’s ours. Continue Reading Foreign Ownership and America’s Land: Drawing the Line Where Security Begins
California Home Affordability Improves Slightly From One Year Ago
For the state’s condo/townhome markets, only 25% of homebuyers were able to purchase those $670,000 median-priced residences. Continue Reading California Home Affordability Improves Slightly From One Year Ago
