Real Estate News Today

AuthorReal Estate Experts.  Date: June 6, 2022 8:31 pm If you’re considering an adjustable-rate mortgage (ARM), it’s important to understand how they work and what the risks are. Unlike a fixed-rate mortgage, where the interest rate stays the same for the life of the loan, an ARM has an interest rat

The typical high-fire-risk home sold for $550,500 in April, while the typical low-risk home sold for $431,300. That’s the biggest premium since at least 2017. The median sale price of high-risk homes jumped 52% during the pandemic, while the median sale price of low-risk homes rose 41%. High-risk ho

AuthorReal Estate Experts.  Date: June 6, 2022 11:52 am There are many factors to consider when deciding whether a fixed-rate mortgage is a right choice for you. Your personal financial situation, the current market conditions, and your long-term plans all need to be taken into account. Here we will

AuthorReal Estate Experts.  Date: June 6, 2022 3:24 am The most common type of loan homebuyers turn to when they’re looking for a mortgage is an FHA loan. But these loans aren’t right for everyone and there are some things you should know before you apply. In this article, we will discuss what FHA l

AuthorReal Estate Experts.  Date: June 5, 2022 5:59 am Title insurance is a type of insurance that protects the title to real property. It indemnifies the insured against loss or damage sustained by reason of any defect in the title, liens, encumbrances, or adverse claims made against the property.

AuthorReal Estate Experts.  Date: June 4, 2022 7:28 am Which is better: Build a new home or buy an existing one? It’s a tough question to answer, as there are pros and cons to both options. Ultimately, the decision comes down to what you’re looking for in a home and what your budget is. In this arti

AuthorReal Estate Experts.  Date: June 3, 2022 10:33 pm Whether you’re a seasoned landlord or just starting, proper tenant screening is an important step in protecting your investment. Looking for a good credit score is a given. But, there are other important factors to consider when making your dec

Austin, Las Vegas, Nashville and other metros popular during the pandemic have seen in-migration slow amid surging prices and higher mortgage rates. Homebuyers who are priced out of Austin are turning to San Antonio, located about 80 miles southwest.  San Antonio ranks 10th on Redfin’s list of most

New HUD Program Prioritizes Housing Supply NAR commends HUD on launching the innovative ‘Our Way Home’ program as part of an all-hands-on-deck approach to addressing the housing… Media Contact:  Patrick Newton 202-383-1290

More than one in five home sellers dropped their price while several measures of homebuyer demand posted largest declines since spring 2020 May marked a turning point in the pandemic housing frenzy, as buyers regained some control over the market. This limited sense of control comes at a great cost,

Redfin experts share home-selling strategies as mortgage rates rise and homebuyer demand falls. Price your home slightly lower than similar homes that sold recently in your neighborhood. Remember that buyers are sensitive to rising rates. List as soon as possible. Make small repairs and stage your h

SCV Opens Applications for 2023 REACH Canada Program The REACH Canada scale-up program is an asset to aspiring entrepreneurs and offers a vital boost to help propel their business to the next level. Media Contact:  Spencer High 202-383-1051

The 10 metros building the most single-family homes are all located in the Sun Belt, where home prices have skyrocketed as people move in from other parts of the country. Some of those same Sun Belt locales are also putting up the most multifamily properties, but northern metros including Seattle an

The sudden surge in mortgage rates has reduced homebuyers’ budgets in many markets, forcing sellers to reset their price expectations. Price drops are becoming increasingly common, particularly in relatively affordable places that have seen home values surge as people moved in from expensive coastal

AuthorFE Real Estate Experts.  Date: May 26, 2022 7:34 pm Click here to browse our Real Estate Agent Directory and contact top-rated agents in your area Home values have skyrocketed since the start of the pandemic. Whether you have bought, sold, or even looked into buying or selling a home over the

AuthorFE Real Estate Experts.  Date: May 26, 2022 2:52 pm There’s a lot to choose from when you’re deciding on a real estate agent. You’ll need to consider a lot of factors such as experience, quality of work, cost, and overall reputation. The post Why You Should Interview Multiple Real Estate Agent

Measures of homebuying competition are plateauing as early-stage demand posts its biggest annual decline since April 2020. However, mortgage rates may have leveled off, which could prevent demand from dropping even further. The housing market is sending clearer signals that the pandemic-driven housi

Pending Home Sales Descend 3.9% in April The latest contract signings mark six consecutive months of declines and are at the slowest pace in nearly a decade. Media Contact:  Quintin Simmons 202-383-1178

NAR Statement: Sandra Thompson Confirmed to Lead FHFA Sandra Thompson’s talents and experience will benefit the enterprises, homeowners and home buyers, and the mortgage financing ecosystem. Media Contact:  Patrick Newton 202-383-1290

AuthorSteph Matarazzo.  Date: May 25, 2022 2:48 am Appraisal contingencies are put in place to protect the buyer from making a bad deal unknowingly. This provision allows the buyer to walk away from the contract if the appraisal, the decided value, of the home comes back lower than the agreed upon s