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LPI CREATES ‘LUXURY DREAM HOME’ MODEL BASED ON TOP DEMANDS OF HIGH-NET-WORTH BUYERS
Source: RisMedia --- Seven major priorities currently define what high-net-worth buyers are looking for in this unprecedented, red-hot housing market…and for the first time, those needs and desires are being brought to life through a marquee illustration by Luxury...
‘Foreclosure Abuse Prevention Act’ awaits New York governor’s signature
Source: Housing Wire --- Homeowners in New York who are knee-deep in foreclosure litigation may soon get a break, as a piece of legislation making its way to Gov. Kathy Hochul’s desk could discharge a swath of foreclosure cases pending in state and appellate courts....
U.S. Commercial Lending to Hit $895 Billion in 2022, Despite Higher Rates
Source: World Property Journal --- According to a recently updated forecast released by the Mortgage Bankers Association, total U.S. commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion of total lending in...
U.S. Multifamily Sector Enjoying a Record-Setting Year in 2022
Source: World Property Journal --- Based on a new report by CBRE, the U.S. multifamily sector saw strong momentum at the start of 2022, with robust demographic trends underpinning record leasing activity, rent growth and investment during the first quarter. Investment...
Fewest homeowners underwater on their mortgages in more than 12 years
Source: Scotsman Guide --- According to CoreLogic’s most recent Homeowner Equity Report, U.S. homeowners with mortgages saw their equity grow by 29.3% year over year in fourth-quarter 2021, an average gain of $55,300 per borrower. Collectively, these homeowners (whose...
Let’s be a HERO and hold it together – or try for our clients!
Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or [email protected] Everyone is stressed out about finding a house then moving!!!! I have a client now that is just stressed out of her mind …… did I say...
