U.S. Housing Market Updates
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Cyberattack Shuts Down Real Estate Transactions in Wisconsin County
Christina Weitzel, team lead for the RE/MAX Mineral Point office, complained that the county has been slow in remediating the damage created by the cyberattack. Continue Reading Cyberattack Shuts Down Real Estate Transactions in Wisconsin County
Yes Communities Launches New Manufactured Housing Community in Florida
Savannas Ridge’s amenities include a clubhouse, resort-style swimming pool, playground and basketball court. Continue Reading Yes Communities Launches New Manufactured Housing Community in Florida
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
A Phil Hall Op-Ed: Will Climate Change Erase $1.5 Trillion in Home Values by 2055?
Editor Phil Hall opines about a new report that predicts weather and housing market trends 30 years from now. Continue Reading A Phil Hall Op-Ed: Will Climate Change Erase $1.5 Trillion in Home Values by 2055?
Tennessee Bill Seeks to Limit Contact by Developers Making Unsolicited Calls to Buy Homes
“People who have lived in their homes for decades are now being harassed by out-of-state developers to purchase their property for a quick buck,” said Sen. Charlane Oliver. Continue Reading Tennessee Bill Seeks to Limit Contact by Developers Making Unsolicited Calls to Buy Homes
North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit
Rep. Nels Christianson, the bill’s sponsor, said his legislation provides property tax relief to residents who need it the most. Continue Reading North Dakota Lawmakers Consider Expanding Homestead Property Tax Credit
Rent Growth Is Slowing, and That’s Good News for Struggling Home Buyers and Renters
Source: The Motley Fool --- At a time when many consumers have been facing skyrocketing prices at the pump, supermarket, and just about everywhere, rents have been soaring, thereby adding to that burden. But Realtor.com just released some positive news regarding...
US housing market in ‘free fall’ as builder confidence suffers ‘disastrous’ drop: economist
Source: New York Post--- The US housing market remains in “free fall” after a survey showed a “disastrous” decline in homebuilder confidence, a prominent economist warned on Tuesday. Homebuilder confidence plunged for the 10th consecutive month in October, falling to...
Adjustable-Rate Mortgages Are Probably Still a Bad Idea
Source: Lifehacker --- Housing prices are finally starting to go down, but thanks to interest rate hikes, monthly mortgage payments are more out of reach than ever before. With all of this financial uncertainty, you may be considering an adjustable-rate mortgage,...
Understanding Intelligent Document Automation For Real Estate
Source: Forbes --- To gain valuable insights into your portfolio, it is important to equip your real estate company with tools designed to improve your process. Streamlining quality data into your financial models for more timely analysis and permitting more focus on...
The global real estate investment market now sits at $11.4 trillion — and should reach $30.6 trillion by 2031. Here’s how to grab a slice of the action
Source: Yahoo Finance --- If you’re passionate about investing in real estate, you may be considering buying an apartment building. While it’s a lot of work to manage a multifamily property, an apartment building can have the potential to deliver a great return on...
States that take out the most home loans
Source: WACO Tribune-Herald --- Existing home sales reached the highest level in 15 years in 2021, according to the National Association of Realtors. It was largely driven by record-low mortgage rates and the need for more ex-urban space after coronavirus pandemic...
Housing market becomes more balanced as falling home sales lead to higher inventory
Source: Seeking Alpha --- The U.S. housing market is "making steady progress toward balance," said Re/Max President and CEO Nick Bailey, as September's slump in home sales led to a rebound in inventory. With soaring mortgage rates and the median sales price of $400K...
Skyrocketing inflation is raising mortgages, putting first homes out of reach
Source: The Hill --- A new report showing inflation rising again in September is just the latest bad news for new homebuyers, who are increasingly seeing the cost of a first home pushed out of their reach. The latest news puts lenders, already on edge amid a grim...
A Housing Crisis Has More Politicians Saying Yes to Developers
Source: New York Times --- For years, elected officials from across the political spectrum in New York City have scored points by attacking a common enemy: Real estate developers. Politicians routinely quashed projects. Some officials argued they were protecting a...
7 tips for answering real estate questions in today’s market
Source: Real Trends --- The state of our current housing market is creating the need for sometimes challenging real estate questions between Realtors and clients. Twenty-five to 75% of all agents are new to the business and have never experienced a change in the...
