Top Headlines
NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners
The phony deed claimed the unlikely partners were “relatives or former relatives.” Continue Reading NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners
Douglas Elliman Released from Batton 2 Lawsuit
Howard Hanna and HomeServices of America were previously voluntarily dismissed from the two Batton homebuyer commission lawsuits. Continue Reading Douglas Elliman Released from Batton 2 Lawsuit
The Real Brokerage in $9.25 Million Settlement of Commissions Lawsuit
The settlement does not require an admission of wrongdoing by the company. Continue Reading The Real Brokerage in $9.25 Million Settlement of Commissions Lawsuit
Sen. Fetterman: ‘Squatters Have No Rights’
“I am not woke,” said the Pennsylvania Democrat. Continue Reading Sen. Fetterman: ‘Squatters Have No Rights’
Appeals Court Rules Justice Dept. Can Reopen Probe Into NAR
The court determined the DOJ can restart its probe into NAR’s Participation Rule and Clear Cooperation Policy. Continue Reading Appeals Court Rules Justice Dept. Can Reopen Probe Into NAR
Five things to look for when partnering with a third-party review provider
Source: Housing Wire --- The residential mortgage origination process is very complex and origination and underwriting mistakes can be very costly, so lenders need to make sure they’re mitigating every possible risk related to the borrower and property. That’s why due...
Homebuyers Can Save Over $15,000 in Five Years With an Adjustable-Rate Mortgage–But It Comes With Risks
Source: Redfin --- That’s $260 per month for the typical homebuyer—the largest savings since at least 2015. As mortgage rates surge, demand for adjustable-rate mortgages is on the rise because they typically have lower interest rates than 30-year fixed loans. The...
Are Reluctant Home Sellers Too Attached to Their Low Rates?
Source: Nerdwallet --- You’ve heard of golden handcuffs. That’s when a company compensates you generously to discourage you from taking a job elsewhere. Some of us restrain ourselves with another type of golden handcuffs: low mortgage rates. Economists dub the...
The Housing Market Has Already Endured 10 Long Years of Inflation. These are the Hard-Learned Lessons We Should Apply Now to the Broader Economy.
Source: Redfin --- For the first time since the 1980s, Americans are dealing with 8%+ inflation in consumer prices. American homebuyers, however, have been dealing with inflation since 2012. The typical home costs double what it did in 2012, but the typical worker is...
These Are the 10 Best Cities for New College Graduates and Career Changers, According to LinkedIn
Source: Apartment Therapy --- About ten years ago this month, I was in absolute misery — a ball of stress so tightly wound, you could have bounced me off a wall. College graduation was mere weeks away, and between preparing for finals, bittersweet farewells with...
Existing home sales fall for third straight month, slowest pace since June 2020
Source: Fox Business --- The National Association of Realtors reported Thursday that sales of previously occupied homes fell by 2.4% last month from March, and declined 5.9% from the year before. A decline in demand was expected as interest rates climb and sky-high...
Elder Abuse In Real Estate & Financial Transactions
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: [email protected] 1) Introduction: The mental health of any society requires honesty and forthrightness in personal relationships and business transactions. In business...
Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll
Source: CNBC --- Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability. Both refinance and purchase loan demand dropped, pulling total mortgage application volume down 11% for the week, according to the Mortgage...
How to sidestep a tax bomb when selling your home
Source: CNBC --- With soaring prices and record home equity, you may expect a profit from selling your property. But the windfall may trigger an unexpected tax bill next April. While home profits dipped slightly, the typical single-family seller still scored a...
What are the problems in the real estate business today?
Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or [email protected] In the real estate side of the business, there is still a lot of competition for homes. Builders are selling homes at pre-construction...
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