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Buying a Home on a Budget? Here Are America’s 10 Most Affordable Metros
Source: Realtor . com --- Sometimes it feels like homebuyers just can’t catch a break. Prices these days are continuing their meteoric rise, while the inventory of available homes remains paltry, effectively shutting many would-be buyers out of the market. And the...
Mortgage demand falls to lowest in two months as rates stagnate
Source: CNBC --- Mortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive to act, especially on refinances. Total mortgage application volume fell 1.9% last week compared with the previous week, according to the Mortgage Bankers...
Why States Are Buying Hotels To Provide Housing For Wildfire Survivors
Source: Yahoo --- The climate crisis is already exacerbating the housing crisis. Last year, wildfires burned and damaged about 17,700 structures in the US. It was one of the most destructive seasons on record, and frighteningly, part of an upward trend. Wildfires are...
L.A.’s Affordable Housing Programs Leave Low-Income Renters in the Dark
Source: Capital and Main --- Thousands of affordable apartments lay hidden like easter eggs inside brand-new, often luxurious apartment buildings across Los Angeles. Developers can save money by building taller and denser buildings under the city’s two inclusionary...
Mortgage rates stay low another week and keep the refinance savings sizzling
Source: Yahoo Finance --- Homeowners who have put off their refinances until the end of summer have stumbled into a bit of good luck. Interest rates on America’s most popular types of home loans haven't been budging, according to a long-running survey. That means...
Record increase in real estate agent numbers over last year
Source: Stuff --- Covid-19 is the reason Ajit Saini became a real estate agent and new Real Estate Authority figures show he is not alone. A record number of people joined the industry last year. Saini, 42, had worked in sales for a large furniture company for many...
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Hits and Misses for the Real Estate Week of Aug. 10-14- Seattle Bans Rental Housing Junk Fees
- American Real Estate Association Hires John Blount as Chief Lobbyist
- Better Pushes Back at Attempt by Ex-CEO Vishal Garg to Regain Control of th…
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