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Redfin CEO predicts ‘terrible consolidation’ in the real-estate sector, but says it will ultimately be good for the industry
Source: Market Watch --- The real-estate sector is in crisis amid the housing downturn. Expect more pain to come before things start to normalize, one housing chief says. “There’s going to be a terrible consolidation,” Glenn Kelman, CEO of real-estate brokerage...
Real Estate Trends: Pending Homes Sales Have Declined For Six Months Straight – Will Prices Finally Drop?
Source: Housing Wire --- Key Takeaways November 2022 pending home sales decreased 4% compared to October and 38% compared to a year ago. Many factors are leading to the slowdown, including high interest rates, fears of a recession, and unprecedented home sales in the...
Why you should refinance your mortgage in 2023
Source: CBS News --- With a new calendar year underway many Americans may be considering ways to both make extra money and cut corners to help save. Fortunately, there are multiple ways to access extra cash, save on insurance types and even cut lingering holiday...
Texas housing market: Everything you need to know
Source: Bankrate --- Texas, the country’s second-most populous state, is a top relocation destination for people seeking an affordable cost of living and below-average housing prices. In fact, Texas had the largest population growth of any U.S. state in 2021,...
Lumber market must weather a `treacherous’ 2023 after last year’s staggering 66% price crash as a US housing slump deepens
Source: Insider --- Lumber prices plunged 66% last year as the once red-hot US housing market faltered – and the commodity's troubles will likely continue in 2023, according to strategists. The Federal Reserve's campaign to quell inflation fueled an unprecedented...
Axess Law harnesses technology to upend real estate law model
Source: MPA Mag --- This article was produced in partnership with Axess Law Professional Corporation. Desmond Devoy, of Canadian Mortgage Professional, sat down with Lena Koke, chief executive officer, Axess Law Professional Corporation, to find out how she is...
