Real Estate News & Insights
NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm
“New Jersey will always protect its farmers and farmland,” said Gov. Phil Murphy. Continue Reading NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm
Phishing Emails Targeting NAMB Members
“This email is NOT from NAMB,” said the organization’s message to its membership. Continue Reading Phishing Emails Targeting NAMB Members
Home ownership and the “American Dream” are crushed by Real Estate Investment Trusts
Source: Tennessee Lookout--- A big economic division between renters and homeowners is apparent when looking at net worth: For homeowners, the median net worth of $231,400 is about 44 times the median net worth of renters, which is $5,200. Dr. Ken Chilton of Tennessee...
Zillow: Home prices to fall in these 123 housing markets—while 780 markets will go higher in 2023
Source: Fortune --- This summer, the U.S. housing market entered into a sharp slowdown. That only intensified last month. On a year-over-year basis, new-home sales and existing-home sales are now down 17.4% and 20.2%, respectively. While single-family housing starts...
Corruption, money laundering drive red-hot Baghdad property market
Source: The Jerusalem Post --- Real estate sales in Baghdad, are booming, especially in high-end areas, with prices in the Iraqi capital, exceeding those in several Arab and European capitals. Experts attribute this phenomenon to money laundering operations and...
Local realtor combines love of real estate and animals by sponsoring pet adoptions
Source: Local 3 News --- A local real estate agent has sponsored the adoption of 23 shelter animals in the past 4 months. Three years ago when Jordan Taylor became a real estate agent for the Austin Sizemore team in Chattanooga, she wanted to combine both her passions...
Valley nonprofit launches housing market analysis for adults with disabilities
Source: KTAR News --- PHOENIX – Arizona disability advocates are launching a comprehensive market analysis of the metro Phoenix area to address the housing wants and needs of those with intellectual and developmental disabilities (IDD). The Greater Phoenix Housing...
Why the housing market is in recession in terms of sales — but not prices
Source: Deseret News --- July was an even more sluggish month for the U.S. housing market as sales of previously owned homes slipped by 6% from June and a whopping 20.2% year over year. Home prices are still high, though, with the median existing home sales price up...
Why the rental housing market is so deeply broken
Source: Axios --- America's housing market is broken, but the deep and structural problems can't be fixed with technology. Why it matters: The U.S. is in desperate need of more high-quality rental housing. Homeownership works for many — and doesn't work at all for...
Just 2 in 10 Americans Think It’s a Good Time to Buy a Home. Here Are 3 Tips Sellers Need to Know
Source: The Motley Fool--- For the past year and change, sellers had it pretty easy given the state of the real estate market. Basically, all they really had to do was list a home, and boom -- they'd commonly be bombarded with eager buyers looking to pay above asking...
How to Recognize a Good Real Estate Agent
Source: Digital Journal --- Are you wondering how to recognize a good real estate agent? Here are some signs to look for. A good real estate agent should be personable, have a positive attitude, and be interested in helping you. The following are some traits to look...
Should You Rent Now or Wait Until the Fall?
Source: New York Times --- In the past, the conventional wisdom for renters this time of year has been to sit tight for a few weeks. But this is not a normal market. Q: Our 25-year-old daughter lives in a rental with roommates in the Fairmount section of Philadelphia....
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