Real Estate News & Insights
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Mississippi Museum of Art Acquires Frank Lloyd Wright-Designed House
The property, which is dubbed “Fountainhead,” was added to the National Registry of Historic Places in 1980. Continue Reading Mississippi Museum of Art Acquires Frank Lloyd Wright-Designed House
The Real Brokerage Expands Into Manitoba
The new business will be led by Susan Auch, a five-time Olympian and three-time Olympic speed skating medalist. Continue Reading The Real Brokerage Expands Into Manitoba
Better Debuts Digital HELOC Product Line
The company said closings occur in as little as three days from an application. Continue Reading Better Debuts Digital HELOC Product Line
Guest Opinion: Recruiting to Reality
I recently spoke to the wife of a friend who had been planning a career change into residential real estate but was now having second thoughts. Sound familiar? “Is this a bad time to give up my job and take the plunge?” she asked. “Good question!” I said,...
Mortgage Rates Take a Drop
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%. Continue Reading Mortgage Rates Take a Drop
Active Home Listings 50.5% Below Pre-Pandemic Levels
Last month, the national median list price was $430,000 in April, up from $424,000 in March. Continue Reading Active Home Listings 50.5% Below Pre-Pandemic Levels
Home Equity Ticks Downward for Second Straight Month
ATTOM determined the number of equity-rich mortgage-payers dropped on a quarterly basis in 32 of the 50 states. Continue Reading Home Equity Ticks Downward for Second Straight Month
NYC Rent-Stabilized Units Facing Hikes Up to 7%
“A 7% rent increase is clearly beyond what renters can afford,” said Mayor Eric Adams. Continue Reading NYC Rent-Stabilized Units Facing Hikes Up to 7%
Banks Having Second Thoughts Over Japan’s First Casino Development
Financing is expected to come via a $4.1 billion syndicated loan, the largest of its kind in Japanese history. Continue Reading Banks Having Second Thoughts Over Japan’s First Casino Development
Mat Ishbia Disses Dan Gilbert – The Feud Continues
Two highly competitive Michigan titans of mortgage banking who also happen to own rival professional basketball teams have zero fondness for each other – and one of the duo just took a smack at the other today in a sports podcast. Mat Ishbia does double duty is...
CMBS Delinquency Rate Holds Steady
Year-over-year, the Trepp CMBS Delinquency Rate is down 42 basis points. Continue Reading CMBS Delinquency Rate Holds Steady
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