Real Estate News & Insights
Wendy’s to Close Hundreds of US Restaurants
This is the second time in a year that Wendy’s began closing scores of restaurants. Continue Reading Wendy’s to Close Hundreds of US Restaurants
Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
7 REAL ESTATE MARKETING IDEAS FOR SUCCESSFUL SALES IN 2023
Source: Realty Biz News --- Real estate is an ever-evolving industry, and the competition to make a name in it can be overwhelming. To stand out from the crowd, agents need to be smart about their marketing strategies. This article will discuss seven real estate...
Eco-Friendly Companies Partner to Develop Zero-Energy Real Estate Communities Across Boston Metro
EcoSmart Solution, a green energy service provider (Green ESP) designing and delivering innovative geothermal infrastructure for zero energy capable communities, announced a long term partnership with RISE, a minority-owned development and construction management firm...
Ines Hegedus-Garcia Elected to Lead the Miami Association of Realtors, Nation’s Largest Local Realtor Association
February 4, 2023 (Staff Writer)- The MIAMI Association of Realtors (MIAMI) installed 2023 MIAMI Chairman of the Board Ines Hegedus-Garcia, C2EX at its Inaugural & Awards Celebration on Feb. 3 in Hollywood, Florida. “I am honored and privileged to have been elected...
What the Fed’s rate increase means for homebuyers and mortgages
Source: NBC News --- The Federal Reserve is still raising interest rates, meaning homebuyers will still face high mortgage rates after a rough 2022 for the housing market. The past year has been a rollercoaster ride for homebuyers and sellers alike. In early 2022,...
Will the Tech Downturn Be the Death of SF Real Estate?
Source: The San Francisco Standard --- With mounting layoffs, sky-high interest rates and empty office buildings, the woes of San Francisco’s struggling tech-driven economy make headlines every day. Yet, as the city’s population shows signs of a comeback, what is the...
CFPB Loses Key IMB Redlining Case
Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...
New $45 Million Affordable Housing Development Breaks Ground in Midtown Houston
Feb. 3, 2023 (Staff Writer) -- The NHP Foundation (NHPF), a national not-for-profit provider of affordable housing, announced today that it has begun construction of a new $45 million affordable housing development that will create 149 affordable rental apartments for...
New Home Lot Inventory Jumps In 4Q22, Zonda Reports in Lot Supply Index
Feb. 3, 2023 (Staff Writer) -- Zonda, the housing industry’s foremost advisors, released the New Home Lot Supply Index (LSI) for 4Q22. The New Home LSI, backed by data from Zonda, shows lot supply loosened year-over-year across the United States. The index is a...
Home Rents on the Rise: Double-Digit Increases in 52% of U.S. Cities
Feb. 3, 2023 (Staff Writer) -- Rentometer has released their Q4 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFR because they are...
When Will the Housing Market Crash?
Source: US News --- Any period of economic uncertainty can make a major financial decision, like buying a house, more stressful. Even times of economic confidence can seem like the perfect time for the bottom to fall out, and you don’t want your home to be collateral...
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