Real Estate News & Insights
Messaging Feature Added to Zillow App
Each listing conversation is organized in a single thread, reducing the app-hopping and missed messages. Continue Reading Messaging Feature Added to Zillow App
New York State Launches Housing Accelerator Fund
The initial cohort of Housing Acceleration Fund awards are expected to result in approximately 1,800 new homes. Continue Reading New York State Launches Housing Accelerator Fund
How To Get Clients In Real Estate (2022 Guide)
Source: Forbes Advisor --- When you’re new to the game, learning how to get clients in real estate can be tough. Luckily, even if you’re starting from square one, it’s entirely possible to build a thriving client base if you have enough perseverance. We’ve compiled a...
Retirement Savings vs. Real Estate Investing: Which Can Get You Richer Right Now?
Source: Yahoo --- The largest classes of investment for most Americans are retirement funds and real estate. Most Americans have some form of retirement savings, typically held in tax-advantaged retirement account like a 401(k). At the same time,...
Reverse mortgages: Pros and cons explained
Source: CBS News --- Are you looking for ways to increase your cash flow in retirement? If you own your home (or most of it), a reverse mortgage may be able to help. It can eliminate your existing mortgage payment and generate a regular source of income. However,...
Everyone pays the cost as the rich keep spending
Source: Financial Times --- Inflation isn’t new, but price rises can still shock. I recently holidayed in the Hamptons, a tony beach area outside New York, where I was stunned to pay $800 for a single shopping cart of groceries. This wasn’t at some foodie emporium,...
Home sale cancellations rise in ‘remarkably uncertain time’ for market: Redfin CEO
Source: New York Post --- The US housing market is in the midst of a significant pullback, with cooling conditions that have contributed to a spike in home sale cancellation rates, according to the top boss at real estate firm RedFin. RedFin CEO Glenn Kelman noted...
The Real Impact Of A Housing Market Recession
Source: Forbes --- Key Takeaways: A housing market recession occurs when home sales decline for six months straight, which officially happened in July 2022. Two main forces are driving the housing market recession: increasing interest rates and increasing construction...
Real estate: A looming end to the long boom
Source: The Week --- The "booming housing market is stalling out," said David Harrison and Nicole Friedman in The Wall Street Journal. Trapped between near-record prices and soaring mortgage rates, buyers are pulling back. In July, figures released last week show,...
US home price growth ‘to stall completely,’ Goldman warns
Source: New York Post --- The US housing market still has “further to fall” in a recent downturn that has sparked fears of a recession, Goldman Sachs analysts warned in a note to clients on Tuesday. The bank’s analysts expect home price growth in the once-booming...
Revised: Odds of falling home prices in your local housing market, as told by one interactive map
Source: Fortune --- Back in June, Fed Chair Jerome Powell made it clear to reporters: The Pandemic Housing Boom was over. Heading forward, he said, spiked mortgage rates would push the U.S. housing market into a slowdown. “We saw [home] prices moving up very very...
Why I’m Not Worried About a Housing Market Crash
Source: Nasdaq --- Are we going to see a housing bubble? According to new guidance from credit reporting agency Fitch, we may. In a recent release, Fitch analysts stated that the probability of a "severe downturn" in the U.S. housing market is on the rise. Home prices...
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