Real Estate News & Insights
New Forecast Predicts 14% Spike in Existing Home Sales During 2026
“As we go into next year, the mortgage rate will be a little bit better,” said Chief Economist Lawrence Yun. Continue Reading New Forecast Predicts 14% Spike in Existing Home Sales During 2026
Report: White House Officials Tried to Get Pulte Fired
“Trump has resisted, telling confidants he appreciates Pulte’s loyalty,” the report said. Continue Reading Report: White House Officials Tried to Get Pulte Fired
Cringe Behavior Real Estate Agents Are Seeing Now at Open Houses
Source: Realtor.com --- Open house etiquette is all about common sense. Here are a few no-brainers that every potential buyer should know: Don’t park on the lawn, take off your shoes when you go inside (or put on booties, if they’re offered), and never peek inside the...
US Senators Ask DOJ to Investigate RealPage Rent Algorithm
Source: Globest --- A group of US senators, including Elizabeth Warren and Bernie Sanders, have sent a letter to the Department of Justice urging an investigation of the role RealPage’s Yieldstar algorithm plays in setting rents. In a letter to Assistant Attorney...
New Online Marketplace Plans to Simplify 1031 Exchanges for Ag Investors
Ten31 Farms, an online real estate marketplace, has launched an online marketplace it says will simplify 1031 exchanges for accredited investors in the farming and agricultural sector. According to Section 1031 of the U.S. Internal Revenue Code, an investor may sell a...
Redfin: Almost Half of Home Sellers Now Making Concessions to Buyers
A record 13% of home sales include a price cut and a final sale price below the list price in addition to concessions, which often include money toward repairs and mortgage-rate buydowns, according to new data from Redfin. Home sellers gave concessions to buyers in...
THE FUTURE (HOUSING MARKET) IS BECOMING MORE FEMALE
Source: RisMedia --- The 2023 housing market will be different than what we’ve seen over the past two and a half years. Instead of frenzied competition, home sales activity will be more deliberate. Buyers will have more room for negotiation and sellers will have to...
The Shifting Boomer Bulge: More bad news for America’s housing crisis?
Source: Placemakers --- This is the first part of a two-part conversation with Arthur C. (Christian “Chris”) Nelson, professor emeritus of urban planning and real estate development at the University of Arizona, as well as presidential professor emeritus of city and...
Chicago Housing Market Forecast
Source: US News --- If you ask people to name a city known for its deep-dish pizza, Bears (and Cubs) and mobster history, nobody would second-guess the great Windy City, Chicago. Chicago experienced lower home price appreciation than most cities in the U.S. in recent...
Shafiq Akbar – the Real Estate Guru
Source: Daily Times --- The real estate demand in Pakistan has seen a significant surge in recent years, particularly in urban areas. Factors such as a growing population, increasing urbanisation, and the rising sense of having a hedge against inflation have...
Mipim 2023: What to Expect in Critical Year for Real Estate on International Stage
Source: CoStar --- Mipim, the world's largest real estate conference, gets under way in Cannes this on Tuesday expecting 23,000 delegates, and there has rarely been more at stake for countries talking to the international investment community. Many will be looking for...
How the Current Real Estate Market Can Affect Your Finances
Source: Entrepreneur --- The real estate market is in an interesting state right now. Home sales are slowing because of higher interest rates, but prices in some areas have yet to drop. Overall, the median existing home sales price in January 2023 was up 1.3% from the...
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