Real Estate News & Insights
Canadian Home Sales Up, Prices Down in October
There were 189,000 properties listed for sale on all Canadian MLS Systems at the end of last month, up 7.2% from October 2024. Continue Reading Canadian Home Sales Up, Prices Down in October
Arkansas Realtors’ Group Collects 40,000 Pounds of Food for Local Pantries
More than 60 realtors and affiliate members collected food for 18 hunger relief organizations Continue Reading Arkansas Realtors’ Group Collects 40,000 Pounds of Food for Local Pantries
Investment Conditions in Multifamily Apartments Continue to Fall in the Fourth Quarter of 2022
The Freddie Mac Multifamily Apartment Investment Market Index® (AIMI®) fell by 7.6% in the fourth quarter of 2022, with the index down 25.8% year over year. AIMI decreased nationwide and in all 25 markets quarterly and annually, driven primarily by rising mortgage...
Hispanic Homeownership Growth Continues Eight-Year Trajectory
The National Association of Hispanic Real Estate Professionals released the 2022 State of Hispanic Homeownership Report recently, which examines the progress made in the last year toward the organization’s mission of increasing sustainable Hispanic homeownership. ...
Housing Market in ‘Tug of War’ as Prices Continue to Drop Across U.S.
Source: Newsweek --- By mid-2022, as mortgage rates suddenly more than doubled, most housing experts predicted that the booming market would finally cool down, after two years of high demand, skyrocketing home prices, and low inventory heated up the market so much...
Hampton City Council considers lowering real estate tax rate as budget discussions begin
Source: Daily Press --- A roughly 10% increase in residential real estate tax assessments in Hampton has the City Council considering a reduction of the tax rate to offset the burden to residents. Hampton residents received their real estate assessments last month,...
New real estate company wants to shake up NWA living
Source: KNWA --- NORTHWEST ARKANSAS (KNWA/KFTA) — A commercial real estate company, Road Trip Development, is launching a new multi-family housing project in Northwest Arkansas that puts a focus on health and wellness. The owner of Road Trip Development, Robert...
New York real estate broker busted for homeless shelter bribery scheme
Source: Fox News --- A New York City real estate company owner pleaded guilty to paying kickbacks in a scheme to profit from homeless programs, the New York Times reported. Sheina Levin, the owner of Urban Residences Corp, admitted to bribing Victor Rivera, a former...
The Top 10 Woman Real Estate Agents in the United States for 2023
Source: Grit Daily --- Real estate is an industry that demands hard work, dedication, and expertise. Many female real estate agents in the US have made a name for themselves through their outstanding performance, customer service, and sales records. These...
Homeowners Look to Alternative Loans to Combat Rising Interest Rates
Mortgage rates ticked up again in February after a brief respite, showing once again just how rate-sensitive the market continues to be, according to the latest Originations Market Monitor report from Black Knight. "Conforming rates dipped below 6% early in...
Budget proposal from the White House includes more than $175B for affordable housing
Source: American City & County --- Triggered by the pandemic, housing prices in cities and counties across the United States have skyrocketed. Between the fourth quarters of 2021 and 2022, house prices rose 8.4 percent, according to data from the Federal Housing...
CoreLogic and KPMG make bold housing market calls: One says U.S. home prices are bottoming while the other foresees a sharper correction
Source: Yahoo! Life --- For 124 consecutive months, spanning from the bottom of the housing crash in February 2012 through the top of the Pandemic Housing Boom in June 2022, national home prices as measured by the seasonally adjusted Case-Shiller National Home Price...
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