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The Best Tips for Finding a Home Virtually
Source: Realty Biz News --- Would you buy a home you’ve never seen in person? That’s exactly what more and more home buyers are doing, thanks to changes in the real estate industry brought on by COVID-19, and the rapid development of sophisticated technology that...
REAL ESTATE RELATIONSHIP BUILDING IN THE DIGITAL AGE
Source: RisMedia--- NextHome’s Humans Over Houses mantra has catapulted the franchisor to record-setting growth. The company added 135 offices between 2019 and 2021, making it No. 1 in office growth in the National Association of REALTORS®’ 2021 Residential Franchise...
Homeownership Could Be in Reach with Down Payment Assistance Programs
Source: Keeping Current Matters --- A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home....
Latest mortgage news: After flirting with 6%, rates retreat
Source: Bankrate --- In a reversal from the rapid rise in recent weeks, the average rate on 30-year mortgages dipped to 5.85 percent this week from 5.91 last week, according to Bankrate’s national survey of large lenders. The Federal Reserve raised...
Here are 3 ways to deal with inflation, rising rates and your credit
Source: CNBC --- As many consumers struggle to make ends meet and cover the rising costs of groceries, gas and nearly everything else, about three in five U.S. consumers admit they are living paycheck to paycheck, according to a new survey. In addition, more than 25%...
Worst Housing Affordability” since 1991 excluding Bubble; Real House Prices and Price-to-Rent Ratio in April
Source: Calculated Risk Blog --- I’ve put together my own affordability index - since 1976 - that is similar to the FirstAm approach (more of a house price index adjusted by mortgage rates and the median household income). I used median income from the Census...
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Report: Fed Chairman Warsh Proposes Fewer Rate Policy Meetings- Kalshi Predictive Market Favors a New Chicago Bears Stadium in Illinois
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- Hits and Misses for the Real Estate Week of July 27-31
- The World’s First Motel (or What’s Left of It) is Listed for Sa…
