CNBC reports “Mortgage rates are around the lowest in three years, but buyers are suddenly much more cautious about purchasing a home. Competition is cooling, and consequently, sellers can no longer command any price.” Kelley McMahon a Dallas-area agent with Compass said: “I think people are a little more cautious to pull the trigger, and […]
Real Estate Blog
Hot Off The Press
“To help REALTORS® and other housing market analysts get the most out of the plethora of data that is available, NAR Research produces a series of Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation’s largest metropolitan housing markets.” From Alabama to Wyoming, head over to the NAR website […]
Condo Moves
Housingwire reported this week the FHA to make financing easier for condo owners. “The Federal Housing Administration has finally issued a long-awaited update to its condominium rules, announcing Wednesday that it will now allow individual unit approval and is taking other steps to loosen requirements that make these properties eligible for FHA financing. Under the […]
Big-Time Buyer Interest
The photo above is a clue… Realtor.com just posted America’s 10 Hottest Neighborhoods, 2019 Edition. “As it turns out, this year’s most sought-after neighborhoods are not those nestled in the nation’s biggest, most famous cities where home prices are just about as high as the skyscrapers.” Some of the winners may shock you. The Realtor.com […]
List with Amazon…
Big news this week from CNBC. Amazon partners with Realogy, sending the real-estate brokerage giant’s shares soaring. “The largest residential real estate brokerage company in the nation is partnering with the largest online retailer in the world in a strategy designed to boost sales for both.” In some cases, Amazon is giving a $5,000 credit […]
Watching Paint Dry
“Four decades after Mr. Vila and the rest of the original “This Old House” crew introduced viewers to the concept of watching contractors turn tired homes into pretty ones, knocking down walls is big entertainment.” The Seattle Times picked up this post from the NYT this week: ‘This Old House’ turns 40 this year. I […]
All-Star in Real Estate
Born in Sudan, Luol Deng “…is not waiting for the end of his playing days for his next big score. He’s been investing in real estate almost since the time he entered the league in 2004 and has amassed an impressive portfolio—hotels, resorts, condos, and apartment buildings—worth $125 million.” Forbes staffer Kurt Badenhausen posted up […]
A Numbers Game
“Real estate is a tricky business with a lot of ins and outs that can be difficult to navigate. Getting informed is the key to battling information overload and fatigue. We wanted to know more about what first-time investors should consider when looking for properties to put money into.” The Forbes Real Estate Council shares […]
