Real Estate News & Insights
Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Roll out is slated over the next few weeks. Continue Reading Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Mortgage Rates Drop for Fourth Straight Week
The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30. Continue Reading Mortgage Rates Drop for Fourth Straight Week
Inside Meryl Streep’s Stunning Real Estate Portfolio
Source: Architectural Digest --- Because of Meryl Streep’s star power, it may come as a surprise just how relatively normal and low-key her personal life is. The prolific actor, who has been married to sculptor Don Gummer for 43 years and counting, holds the record...
Got $5? These startups allow for investments in slices of real estate
Source: Tech Crunch --- Although real estate is the world’s biggest asset class, it is largely inaccessible to non-institutional investors. The large sums of capital often required for an individual to purchase property combined with the industry’s reliance on manual,...
Why Redfin Sank as Much as 18.1% This Week
Source: The Motley Fool --- Investors are getting increasingly worried about the U.S. housing market. What happened Shares of Redfin (RDFN -7.03%) sank as much as 18.1% this week, according to data from S&P Global Market Intelligence.
PropTech Sector Sees Growing M&A Interest as Macro Trends Reshape Real Estate Market
Source: William Blair --- Technological innovation is disrupting the residential real estate sector as investors and innovative companies seek to address all parts of the homebuying value chain and improve the experience of both real estate agents and consumers. Key...
Some Real Estate Agencies Are Scrambling To Find Alternative Sources Of Revenue
Source: Yahoo --- In an effort to boost its revenue, real estate listings giant Zillow Group Inc. started a home-flipping business that it believed would create an alternative revenue stream to just marketing properties online. That strategy didn’t last long after...
Seven Charts Highlight the Strangeness of the Housing Market
Source: Planetizen --- Reporting for Bloomberg, Tracy Alloway and Joe Weisenthal examine the weirdness in today’s unprecedented housing market. “Yes, mortgage rates have shot up, crimping affordability. But at the same time, unlike in the era prior to 2008 and the...
Walmart is now offering mortgages, but its typical shopper probably can’t afford today’s housing market
Source: Business Insider --- At Walmart, you can buy anything from a Golden Girls themed Chia Pet to ethically sourced dog nail polish – and now you can also get a mortgage. Lenders One Cooperative, a national alliance of independent mortgage bankers, banks and...
It’s bad enough mortgage rates are over 7% – now it’s harder to qualify for a home loan
Source: CNBC --- It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage News...
Billionaires Have Growing Appetite for Real Estate As Market Slows
Source: Yahoo Finance --- While the world’s wealthiest people earn their money in a variety of ways, many add to their fortunes through investing in real estate, which typically appreciates in value. Tesla Inc. and SpaceX CEO Elon Musk, the world’s richest man, made...
A millionaire landlord has 3 tips for anyone thinking of buying rental real estate right now
Source: Business Insider--- One of my biggest financial goals is to invest in real estate. I've always wanted to own a handful of properties, all around the country, that I rent out to tenants as a way of making passive income. While I'm years away from being in the...
