Top Headlines
Unlicensed Indianapolis Real Estate Manager Sued for Duping Investors
Herbert Whalen is accused of engaging in the management of property for investors without a real estate broker license. Continue Reading Unlicensed Indianapolis Real Estate Manager Sued for Duping Investors
Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment
“Our property tax system is a broken system in the state of Ohio and property taxpayers must be protected,” said Rep. Scott Wiggam. Continue Reading Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment
Compass in $57.5 Million Settlement Over Commission Charges
HomeServices of America is the only major brokerage that has yet to announce a settlement. Continue Reading Compass in $57.5 Million Settlement Over Commission Charges
Bill Introduced to Remove Squatter Rights in New York
“We’re making sure squatters can’t take advantage of the law, that’s all we’re doing,” said Assemblyman Jake Blumencranz. Continue Reading Bill Introduced to Remove Squatter Rights in New York
Crow Holdings Acquires 46-Property Manufactured Housing Portfolio
The portfolio’s properties are spread across Florida, Illinois, Indiana, Missouri, Montana and Ohio. Continue Reading Crow Holdings Acquires 46-Property Manufactured Housing Portfolio
Can I Claim the Mortgage Interest Deduction?
Source: House Logic --- Like most homeowners over the past couple of years, you may have discovered that you can no longer write off your property taxes or claim the mortgage interest deduction. That doesn’t necessarily mean your taxes went up. The change is because...
Mortgage and real estate news this week: Rising mortgage rates, new ways to tap your home equity and controversial condo mortgage rules
Source: Bankrate --- Mortgage rates are rebounding after dropping at the onset of the war in Ukraine. In other news, fintech companies are offering new ways to tap home equity, and new condo mortgage rules are causing a stir. 1. Mortgage rates jump back up Bankrate’s...
Why owning a home is the best hedge against inflation
Source: Housing Wire --- On Thursday, the Bureau of Labor Statistics reported the same trend that all Americans have seen lately: the inflation rate of growth is rampant and doesn’t show any sign of easing up due to the Russian Invasion of Ukraine. The Consumer Price...
First-time homebuyer? Real estate experts offer advice in crazy market
Source: Fox 5 New York --- It feels like a never-ending uphill battle for many homebuyers across the United States. "My experience with looking for a house has been frustrating," one Georgia resident told FOX Television Stations Group. "I have been texting my agent...
Yahoo Finance Video Housing market: Millennials bypass starter homes for dream homes
Source: Finance Yahoo --- Yahoo Finance's Vera Gibbons joins the Live show to discuss the real estate market amid the unexpected house hunting competition among younger buyers. AKIKO FUJITA: Well, record low inventory has sparked bidding wars for homes in some of the...
5 implications the omnibus spending bill has for mortgages
Source: National Mortgage News --- The $1.5 trillion omnibus spending bill President Biden was expected to sign at deadline Friday promises to bring relief to the single- and multifamily mortgage markets by heading off several threats to operations supporting the...
How To Navigate a Market Where Multiple Offers Is the New Normal
Source: Keeping Current Matters --- If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should...
Opinion: Affordable lending requires creative thinking
Source: Housing Wire --- Each fall, trendsetters at Pantone decide on the next year’s “color of the year,” which they feel will define and influence the upcoming year. Whether the “color of the year” is a self-fulfilling prophecy or the trendsetters really are that on...
Mortgage applications jump 8.5% as Russia’s war pressures rates
Source: Housing Wire --- Mortgage applications jumped 8.5% for the week ending March 4, as mortgage rates dropped for the first time in three months as a result of Russia’s war in Ukraine, the Mortgage Bankers Association (MBA) reported on Wednesday. Borrowers’ demand...
Nearly 6,000 U.S. Homes Have Sold For $100,000+ Above Asking Price This Year
Source: Redfin --- Nationwide, 5,897 homes sold for at least $100,000 over asking price at the beginning of this year, up from 2,241 during the same period last year. The Los Angeles metro area led the way, with 718 homes selling for at least $100,00 over asking...
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