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The Year of the Buyer: Canada’s Luxury Real Estate Market Shifts in Favour of Buyers as Opportunities Emerge Post-Pandemic
Source: Globe Newswire --- TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Following an era of exorbitant hyperinflation in Canadian luxury real estate, new post-pandemic benchmarks were established in 2022 as the housing market responded to a cascade of stressors. Against...
Homebuilders may finally be turning a corner as inflation stabilizes and lower mortgage rates bring buyers back into the market
Source: Insider --- The home buying frenzy that took place throughout much of the pandemic drove the nation's home prices to historic highs, further escalating the country's ongoing housing shortage and affordability crisis. But as inflation eases, bolstering...
Why US home prices will fall another 10 percent, according to Harvard economist
Source: New York Post --- Pain across the US housing market that began last year is likely just getting started if interest rates remain high, star economist Ken Rogoff warned on Tuesday. Rogoff, a professor at Harvard University and former top economist at the...
South Africa’s Flow gets funding to automate social media advertising for real estate agencies
Source: Tech Crunch --- The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. And it’s evident that proptech, unlike other industries, has lagged in utilizing social...
What Do Agents Need To Have This Year
Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or [email protected] What do agents need to have this year? A great mortgage lender that they can call or one that can sit in the open houses with them on...
Loan Level Price Adjustments (LLPAs) Explained
Loan Level Price Adjustments (LLPAs) are additional fees implemented by the Federal Housing Finance Administration (FHFA) on certain types of mortgage loans. These fees are designed to account for the increased risk associated with certain loan characteristics, such...
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