Real Estate News & Insights
Lennar Begins Sales at New Community in Texas
Pricing starts in the mid $200,000s. Continue Reading Lennar Begins Sales at New Community in Texas
Bank Regulators Drop Climate-Risk Principles
The Office of the Comptroller of the Currency discontinued this Biden-era policy in March. Continue Reading Bank Regulators Drop Climate-Risk Principles
Existing home sales fall for third straight month, slowest pace since June 2020
Source: Fox Business --- The National Association of Realtors reported Thursday that sales of previously occupied homes fell by 2.4% last month from March, and declined 5.9% from the year before. A decline in demand was expected as interest rates climb and sky-high...
Do You Know Where to Find a Secret Stash of Leads?
Source: RisMedia --- As a real estate agent, you know that prospecting for new leads is a critical daily activity. Have you ever wondered if there are leads out there that everyone else is missing? Instead of competing with lead gen platforms (like everyone else),...
SRE Technologies Wins Best Company Award
Industry technology firm is recognized by attendees of a global finance conference. TORRANCE, CA--May 20, 2022--SRE Technologies Inc., developer of an online destination designed to save home loan borrowers money by connecting them with select mortgage originators,...
Elder Abuse In Real Estate & Financial Transactions
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: [email protected] 1) Introduction: The mental health of any society requires honesty and forthrightness in personal relationships and business transactions. In business...
Just 45% of Black Families Own Their Home, Compared With 74% of White Families–And the Gap Has Hardly Narrowed Over the Last Decade
Source: Redfin --- The homeownership rates for both Black and white families rose slightly over the last 10 years, with part of the increase taking place during the pandemic. The racial homeownership gap persists. The homeownership rate for Black families rose only...
Thinking about selling your home? This may be the time
Source: CNN --- Home prices are at record highs and still rising, but there are some early indications that the market may be starting to cool. For sellers looking to get top dollar for their home, the time to sell is now. But homeowners are still holding back from...
Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll
Source: CNBC --- Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability. Both refinance and purchase loan demand dropped, pulling total mortgage application volume down 11% for the week, according to the Mortgage...
How to sidestep a tax bomb when selling your home
Source: CNBC --- With soaring prices and record home equity, you may expect a profit from selling your property. But the windfall may trigger an unexpected tax bill next April. While home profits dipped slightly, the typical single-family seller still scored a...
Homebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year
Source: Redfin --- 61% of home offers faced bidding wars in April—down from 63% a month earlier and 67% a year earlier—as surging mortgage rates prompted buyers to drop out. Riverside, CA and Atlanta saw the biggest annual declines. Nationwide, 60.7% of home offers...
Rental Market Tracker: Growth in Asking Rents Slows for the 1st Time in a Year
Source: Redfin --- Rents rose 15% year over year in April, down from March’s 17% increase. Still, Austin, Portland and South Florida saw rents surge more than 30%. The median monthly asking rent in the U.S. increased 15% year over year to a record high of $1,962 in...
