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Housing Market Update: Typical Buyer’s Monthly Payment Up 39%—The Biggest Annual Gain on Record
Source: Redfin --- The typical homebuyer’s monthly mortgage payment shot up 39%, the largest year-over-year gain on record as the average 30-year-fixed rate hovered at a 12-year high of 5.1%. Redfin’s data on homebuyer mortgage payments is based on asking-price data...
Top 3 Reasons Real Estate Is Fast Becoming Hollywood’s Favorite Side Hustle
Source: Forbes --- Ellen DeGeneres has had a few tough years that have culminated in her finalizing her decision to finally retire from the Ellen show. However, these struggles have not slowed Ellen down in other areas of her life, least of all her real estate...
Opinion: the beginning of the mortgage ice age
Source: Housing Wire --- Planet Earth has has gone from a ball of molten rock to ice, and then, to the climate we have today. Just like Earth, mortgage rates and housing markets are cyclic and we’re heading into another Ice Age. Find me a sales meeting in the U.S....
Housing industry getting hit by ‘perfect storm,’ billionaire real estate developer warns
Source: Fox Business --- Billionaire real estate developer Jay Bloom warned consumers Thursday the housing industry is getting hit by the "perfect storm." "We're in the middle of a real estate boom like we haven't seen in the past," Bloom told "Cavuto: Coast to...
5 Instagram Marketing Tips for Real Estate Businesses
Source: Realty Biz News --- Do you own a real estate business that isn’t getting the volume of customers you had hoped for? Do you want to work on building brand awareness in the hopes that can turn things around? One of the best ways to market any company right now...
Opinion: 5 problems lenders have adopting automation and how to fix them
Source: National Mortgage News --- Surprisingly, many lenders with a long history of AI automation have yet to find their stride. Large lenders found early success with declarative decisions (rules-based decisions) for many mission-critical processes, such as...
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 3-7- NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
- Historic Maine Home Available for $1, Albeit with a Catch
- Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own
- Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plan…
