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Category Archives: Real Estate News
More Americans Prefer Cash Or Real Estate To Stocks
When it comes to a long-term investment strategy, more people are sticking with a zero-risk, zero-return mentality. A surprising 54 million Americans said they preferred cash investments for money they did not need for 10 years or more, according to … Continue reading
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Home Buyers Race To Get Low Interest Rates Before They’re Gone
It’s not just the temperatures that are rising this summer. The number of homes sold, as well as the prices they’re fetching, seemed to be shooting up higher than the mercury in June, according to a new report. With mortgage … Continue reading
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Expect The Housing Shortage To Get Worse
Buying a home is hard enough these days as wannabe homeowners have to contend with a shortage of residences in some markets—along with ever-rising prices and plenty of drag-down, no-holds-barred competition. But guess what? It’s about to get even worse. … Continue reading
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More Renters Sour On Homeownership, Some Blame Student Debt
As home prices and rents continue to rise, confidence in the housing market is starting to wane. It is showing up in weaker traffic at open houses and less interest in taking on a mortgage as some worry about their … Continue reading
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Bank Regulator Flashes Warning Light Over Commercial Real Estate
OCC’s Thomas Curry says watchdog is monitoring lending risks Report points to longer maturities and loosening covenants A leading U.S. banking regulator wants lenders to do more to manage their exposure to commercial real estate. As property lending accelerates, the … Continue reading
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Real Estate Agents Will Never Become Obsolete, Says Compass CEO Robert Refkin
Founded in late 2012, Compass led by Ori Allon and Robert Reffkin, is one of the most innovative startups in the real estate space today. The technology-driven real estate brokerage is based in New York City and has offices in … Continue reading
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Surprising Cities Where Rents Are Rising The Most
It shouldn’t come as a big shock that as the cost of buying a home goes up, rents are also rising. But what may come as a surprise are the cities seeing the largest rent hikes. The cost of leasing … Continue reading
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NAR Asks Congress To Think Outside The Mortgage Credit Box
The largest trade group in the country has requested that members of the House and Senate co-sponsor legislation to support qualified borrowers. If hindsight’s 20/20, irresponsible lenders were the ones reflected in the rearview mirror of the subprime mortgage crisis. … Continue reading
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Student Debt May Delay Homeownership More Than 5 Years
Does student loan debt make it harder for most college grads to become homeowners? Here’s a shocker: Yeah, it sure does. Big time. Those often-immense monthly bills are causing 71% of borrowers to delay buying a home—and more than half … Continue reading
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Finally, Relief For Apartment Dwellers As Rent Hikes Ease
Sky-high apartment rents are finally heading back to Earth — slowly. After hitting record highs in 2015, rents grew at an annual rate of 3.7 percent in the second quarter of this year, according to Axiometrics, an apartment analytics firm. … Continue reading
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