Real Estate News & Insights
Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
An FHFA spokesman said the report contained “false and defamatory claims.” Continue Reading Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
The Best Day for Buying a House Is…
Buyers who close on Christmas Eve enjoyed the lowest premium above the automated valuation model. Continue Reading The Best Day for Buying a House Is…
Best construction loan lenders in 2023
Source: Bankrate --- Most people can’t afford to design and build their own home or pay for major renovations out of pocket, which is why many lenders offer construction loans — shorter-term loans used to finance construction/rehabilitation of or addition to a...
Newmark Joins Rival Colliers in Expecting Real Estate Sales Declines Until Second Half of 2023
Source: CoStar --- Newmark executives said they expect property sales and financing placements to decline further in the first half of 2023 after a slow end to last year. The New York-based firm, the second major brokerage to post quarterly financial results this...
Housing market stabilizes as new home construction adds to inventory
Source: Fort Worth Report --- Price increases abating? Home inventory up? It all sounds good to many Fort Worth area Realtors, who are ready for a more stable housing market. ““We just finished going through a crazy 18 months or so where we had less than three...
China’s property crash is prompting banks to offer mortgages to 70-year-olds
Source: CNN Business --- The property market in China is so depressed that some banks are resorting to drastic measures, including allowing people to pay off mortgages until they are 95 years old. Some banks in the cities of Nanning, Hangzhou, Ningbo and Beijing have...
Seattle-based Zillow, Redfin post losses after housing market slowdown
Source: Seattle Times --- Seattle’s real estate tech companies are feeling the effects of the cooling housing market on their bottom lines. Despite cutbacks and layoffs in 2022, year-end earnings reports from Zillow and Redfin showed substantial losses and declines in...
Gangster Moll’s Beverly Hills Mansion Listed for Sale
Is it easier to sell luxury homes if they were once homes to infamous residents? What if they were murdered there? One real estate broker in Beverly Hills is about to find out. The home in question was not actually owned by Gangster Benjamin “Bugsy” Siegel, but...
RE/MAX: Home Price Appreciation May Have Stabilized
According to a new real estate sales report from RE/MAX, this month's gain in new listings was higher than any month last year, with the biggest month-over-month increase in 2022 occurring in March with a gain of 27.7%. The number of homes for sale was 59.4% higher...
More Luxury Homes Under Construction in Florida
Lennar, one of the nation's leading homebuilders, has started home sales for a new luxury community in Miami. Homes in Centris – a WCI Community adjacent to the city of Pinecrest, Florida, will offer estate homes that range from 3,442 to 4,336 square feet with four to...
Companies Plan Metaverse RE Development Connected to Real Cities
News out of London is that Web developers are hoping to strike it rich in real estate by connecting properties developed in Metaverse with real world cities. nChain, a developer of Web3 and Blockchain technologies, has formed a strategic alliance with Transmira Inc....
Can ChatGPT help sell homes? Here’s how one real estate agent uses it
Source: Times West Virginian --- Real estate agents are always looking for ways to be more efficient and connect with home buyers and sellers. They try to figure out how best to use their resources and which tools to pull out of their tool belts. One new tool growing...
Recent Posts
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- Jenni Bonura Named Chief Growth Officer at First Multiple Listing Service
