Real Estate News & Insights
Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
“We have to be very careful about how anything is perceived,” Dimon said. Continue Reading Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Starter Home Prices Are Soaring and Luxury Is in a Slump—What’s Going On?
Source: Realtor.com --- For those navigating America’s residential real estate market, it’s lately felt a bit like an out-of-control cargo train, ever threatening to veer off the tracks—stomach-churning price accelerations followed by interest rate hikes slamming the...
Market confidence rising among home builders
Source: Bankrate --- Confidence in the housing market is still fairly low among U.S. home builders, but it’s on the rise. According to the most recent National Association of Home Builders/Wells Fargo Housing Market Index, released January 18, builder confidence...
‘A real estate bottom?’ More homebuyers jump back in as the year kicks off
Source: Yahoo! News --- Real estate agents confirm what housing data is starting to show: More homebuyers are emerging from their self-imposed hibernation. The volume of mortgage applications for home purchases rose 25% week over week, the Mortgage Bankers...
HOW TO INCREASE YOUR LOCAL RANKINGS AS A REAL ESTATE AGENT
Source: Realty Biz News --- It may surprise you to learn that homes cost an average of over $350,000 as of 2022. The increase in housing prices has generated a large amount of interest in working as a real estate agent. This is simply due to the higher commissions...
Mortgage rate buydowns are on the rise as homebuyers cope with high interest rates
Source: USA Today --- Anna Raymond was ready to make the switch from renting to owning a home last spring. But after five failed offers, she and her husband decided to take a step back from house hunting. Then, in December, their real estate agent presented an offer...
The 10 best cities to buy a home in 2023 are all in the South
Source: CNBC --- Even with rising homeownership costs squeezing out buyers, some real estate markets will remain hot in 2023, mostly due to their relative affordability compared with the rest of the U.S., a new forecast finds. The top places have something else in...
First-time homebuyers are ‘royally screwed’
Source: Insider --- Lawrence Talej was ready to buy his first house. It was late 2019, and Talej, then a 26-year-old software developer, had saved up for a down payment while living with his parents in a suburb near Richmond, Virginia. After looking at a few houses...
U.S. Existing-Home Sales Slid Last Year as Interest Rates Surged
Source: Mansion Global --- U.S. existing-home sales fell last year to their lowest level since 2014, as surging mortgage rates made home purchases too expensive for many buyers. Sales of previously owned homes, which make up most of the housing market, slid 17.8% in...
Inside Real Estate Announces the Acquisition of BoomTown
Source: Yahoo! --- Top real estate tech companies join forces to create an industry leading real estate technology and services provider MURRAY, Utah, Jan. 20, 2023 /PRNewswire-PRWeb/ -- Inside Real Estate, one of the fastest-growing independent real estate software...
U.S. home sales drop to 12-year low; price growth cools
Source: Investing.com --- WASHINGTON (Reuters) - U.S. existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could be close to finding a floor. The report from the National...
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