Real Estate News & Insights
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Multifamily Developer Confidence Rises in Q3
But confidence levels are still in negative territory. Continue Reading Multifamily Developer Confidence Rises in Q3
Housing Market Predictions for the Next 5 Years Promise Lots of Surprises
Source: US News --- Over the next five years, look for several important trends accelerated by the COVID-19 pandemic to begin having lasting impacts on real estate and land use, many of which will impact the demand and supply in regional housing markets. Whether due...
University of California’s $4-billion real estate investment will worsen housing crisis, unions say
Source: Los Angeles Times --- With property values sinking, investors rushed to withdraw money from a real estate fund managed by private equity giant Blackstone last month. But the fund soon found a savior in the Golden State: The University of California poured in...
A Guide to Seller-Paid Mortgage-Rate Buydowns
Source: US News --- At a time when mortgage rates have increased sharply, home shoppers may be able to lock in better terms with a rewarding seller concession: interest-rate buydowns. A seller-paid rate buydown can typically help buyers save more money on monthly...
Price Growth in International Cities Set to Slow, but Trophy Properties Will Help Protect Prime Markets
Source: Mansion Global --- Although international luxury real estate markets are set to take a hit in 2023, the lack of available blue-chip properties will help keep prime prices afloat, according to Savills. Indeed, high-end residential real estate is expected to see...
10 Commercial Real Estate Questions That Need Answers in 2023
Source: Connect CRE --- Citing a quote often attributed to Yogi Berra (who once denied ever saying it), Cushman & Wakefield’s Jennifer Edwards begins a look into the coming year by writing, “It’s déjà vu all over again.” The new year is beginning with “more...
White real estate agents earn 3 times more than Black real estate agents
Source: Yahoo! --- The National Association of Realtors stopped barring Black agents in 1961 but continued to oppose the 1968 Fair Housing Act, which outlawed housing discrimination. The National Association of Realtors reports that white real estate brokers make...
Challenges Faced by Black Real Estate Agents
Source: WNYC --- Brian Lehrer: It's Brian Lehrer Show on WNYC. Good morning again everyone. Anyone read The New York Times article from the other day called Selling Houses While Black? We're going to have the writer, Colette Coleman, on. Housing discrimination is...
North Texas’ 2023 housing market will be ‘mirror image’ of last year, expert predicts
Source: WFAA News --- The U.S. economy is heading into an almost certain recession this year, and for the housing market, the recession is here. But a national recession won’t wallop Dallas-Fort Worth as hard as it does other areas of the country, and that goes for...
The 10 Best Real Estate Markets for First-Time Homebuyers in 2023
Source: Realtor.com --- The housing market has been brutal for first-time homebuyers. And now, just as prices are finally beginning to slacken and the bidding wars are dying down, higher mortgage interest rates have turned the prospect of homeownership into a...
Average mortgage rate: Everything you need to know
Source: MPA Mag --- Mortgage rates depend on numerous factors, including the broader economic outlook and the individual borrower. Therefore, mortgage rates can fluctuate wildly not only within the same year—but within the same week, as well. In 2022, for example,...
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