Top Headlines
La Rosa Holdings Plans to Acquire Controlling Interest in Red Door Title
The financial terms of the acquisition were not disclosed. Continue Reading La Rosa Holdings Plans to Acquire Controlling Interest in Red Door Title
Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams
Aron Puretz faces a maximum penalty of five years in prison. Continue Reading Real Estate Investor Pleads Guilty to $54.7M in Mortgage Fraud Scams
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
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...
Why Rising Mortgage Rates Push Buyers off the Fence
Source: Keeping Current Matters --- you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about...
The housing market resembles 2007—these 3 interactives show if your local home prices are ‘overvalued’
Source: Fortune --- Simple economics dictates that neither home prices nor incomes can outgrow the other for very long. They go hand in hand. As incomes rise, those pour over into housing. In order for home price growth to stick around, there has to be a corresponding...
If You’re a Homeowner, You Have Incredible Leverage When You Sell Today
Source: Keeping Current Matters --- In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition...
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