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It’s all smiles for the 2025 luxury housing market

Housing Wire

According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxury property specialists expect more luxury buyers to reenter the market in 2025. of agents surveyed said they would rate buyer market conditions in 2025 as either fair or good. While the U.S. On the buy side, 85.5%

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The Real Brokerage continues its expansion tear in California, Florida

Housing Wire

Zhang and Li founded the company in 2014 and have focused on growth in Los Angeles and Orange counties. Reals commission structure and revenue share provide upside potential that allows us to build long-term wealth, while the companys technology platform is designed for teams like ours that are always looking to better serve clients.

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FHFA data on non-performing loan sales reflects fewer delinquencies since pandemic

Housing Wire

FHFA and the Enterprises impose requirements on NPL buyers designed to achieve more favorable outcomes for borrowers than foreclosure. The program, which began in 2014, has seen the GSEs sell a total of 171,333 loans with a total unpaid principal balance (UPB) of $31.4 billion through the end of June 2024. billion.

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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. One way to understand the competitiveness of the market is to look at buyers who are waiving contingencies. All cash buyers now stand at 24%. Historically 2.5

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The Fiscal Policy Institute proposed the tax in 2014 , and it has been floating around Albany ever since. FPI's apparent belief that most of the high-end development sold ended up as empty pied-a-terres while wealthy buyers bid up the prices is incorrect. That article came out in 2014 right as the housing market was peaking.

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The ‘double-edged sword’ of dual licensing

Housing Wire

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

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Real Estate and Design Trends to Watch in 2024

Empire Appraisal Group

Real Estate and Design Trends to Watch in 2024 Design & Architecture , Design Trends By: Barbara Ballinger Source: [link] From ecosystem conservation to “new” darker neutrals in exterior paint, we look at the trends set to take hold in the industry this year. Boschetti Jr.,

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