Real Estate News & Insights
Mortgage Application Activity Dips by 2%
The VA share of total applications increased to 14.9% from 13.4%. Continue Reading Mortgage Application Activity Dips by 2%
Report: Most Housing Discrimination Complaints Were Disability Related
Complaints based on national origin rose 8.45% from the previous year, marking the highest number since 2018. Continue Reading Report: Most Housing Discrimination Complaints Were Disability Related
Interactive map: The home price correction (or lack thereof) in the 400 largest U.S. housing markets
Source: Yahoo! Entertainment --- There's no doubt about it: We're in a sharp housing market downturn. Across the country, mortgage brokers and builders are scrambling as millions of potential buyers sit on the sidelines after last year's historic mortgage rate shock....
Calgary real estate sales break record despite late year slowdown
Source: Global News --- Real estate sales in Calgary saw record numbers in 2022, despite a December that was 31 per cent slower than the year before, according to the Calgary Real Estate Board (CREB). Calgary saw a record 29,672 sales in 2022, outperforming...
Seattle home prices will likely fall in 2023. That won’t help buyers
Source: The Seattle Times --- The new year will bring Seattle a new housing market, one without the runaway prices and jaw-dropping bidding wars, yet still difficult for anyone but the region’s wealthiest shoppers. Economists say home prices are likely to fall or...
Singapore private home prices up just 0.2% in Q4 on sharp drop in sales
Source: The Straits Times --- SINGAPORE - The growth in private home prices cooled to 0.2 per cent in the fourth quarter of 2022, as sales dropped sharply in the face of growing economic headwinds, two rounds of property curbs, and the absence of major new launches....
The Importance Of PR When Navigating A Complex Real Estate Market
Source: Forbes --- In recent years, real estate has dominated headlines as the industry emerged as a victorious player during and after the Covid-19 pandemic. Since the pandemic, the rules of real estate sales and development have changed. Consequently, PR firms have...
How these agents use storytelling tactics to excel in home sales
Source: Inman --- When buyers purchase a luxury property, what they’re really purchasing is a story. That’s according to Jack Cotton Jr., a Real Estate Professional with Sotheby’s International Realty – Osterville Brokerage. As he notes, items with a compelling...
New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True
Source: Realtor.com --- Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. It will take too long. While purchasing new construction is indeed different from purchasing previously owned property,...
Scots worried about soaring mortgage rates as demand for advice on bills rises
Source: Daily Record --- Desperate Scots are flocking to an advice website for information on their mortgage payments during the cost of living crisis. Citizens Advice Scotland said there had been a 223 per cent increase in use of their mortgage calculator to work out...
CoreLogic: Mortgage delinquencies are down
Source: Houston Agent Magazine --- Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon. CoreLogic’s...
El Paso housing market ‘positioned for growth’
Source: El Paso Inc. --- The El Paso area is among the U.S. housing markets expected to grow the most in 2023, according to a national housing forecast. With mortgage rates and home prices rising and lending standards tight, many markets have slowed and some are...
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