Real Estate News & Insights
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Experian’s report also showed roughly 60% of today’s renters have near-prime or better scores. Continue Reading New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Slow Start to the Spring Homebuying Season
This week’s news that the Fed is modestly hiking interest rates and may pause them sooner than anticipated brought mortgage rates down for the second week in a row, according to a new report from Redfin, the technology-based real estate brokerage. Overall, the...
WHAT IS THE BEST SOCIAL MEDIA MARKETING PLATFORM FOR REAL ESTATE AGENTS AND HOW TO USE THEM
Source: Realty Biz News --- There are several social media platforms that can be effective for real estate agents, depending on your specific goals and target audience. Here are some of the most popular platforms and how to use them for social media marketing:...
New “Mansion Tax” to affect Luxury Homes in Los Angeles
The City of Los Angeles will begin charging a ‘Mansion Tax’ on commercial and residential real estate transactions over $5 million effective April 1, 2023. The existing documentary transfer taxes in Los Angeles will not be repealed or altered by the mansion tax....
HOW TO GET ON THE FHA CONDO APPROVAL LIST
Source: Ris Media --- If you want to buy a home but the down payment requirements make this seem out of reach, there are more affordable options. Choosing an FHA-approved condo allows you an easier option to buy with lower credit and down payment requirements. Changes...
Black California couple’s home appraises for $500K more when White friend poses as owner
Source: Fox Business --- A Black couple has settled a lawsuit with a property appraiser who undervalued their California home by almost half a million dollars. Paul Austin and Tenisha Tate-Austin’s four-bedroom residence in Sausalito, near San Francisco, was valued at...
US housing cost take rare dip and buyers are taking advantage
Source: Fox Business --- For the first time in a long time, it’s cheaper to buy a house right now than at the same time last year. Buyers are taking advantage, as home sales increased across the country last month. Brittany Baughman sells houses around Seattle with...
New home sales rose for the third month in a row
Source: CNN Business --- New home sales rose in February, climbing for the third month in a row as mortgage rates eased off their highs of the past year and buyers looked to new construction amid historically low inventory of existing homes for sale. Sales of newly...
Explained: Vietnam’s Real Estate Market Turmoil
Source: Vietnam Briefing --- Vietnam’s real estate market has fallen on hard times with sales down, capital scarce, and many projects slowing to a halt. But it’s not all doom and gloom with foreign investors well poised to benefit from the current downturn. In this...
Japan real estate sees signs of global investors shying away
Source: Nikkei Asia --- TOKYO -- Money from international investors helped fuel a sharp rise in Japanese property values, but the inflow of funds has slowed recently amid stress in the financial markets. Japanese land prices jumped at the fastest rate in 15 years,...
How the Luxury Real Estate Market Differs from Traditional Real Estate
Luxury real estate is a coveted market in the real estate industry, but selling in this space takes more than having a connection to a high-value home. Continue Reading How the Luxury Real Estate Market Differs from Traditional Real Estate
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