Appraisal Buzz
JUNE 19, 2024
A new survey of 137 top rental markets of large-scale properties with at least 50 units found that at least two-thirds of renters are choosing to stay put and re-sign their leases. Overall, the survey found that Miami remained top-dog among rental markets as the most competitive market in the country and further strengthened Florida’s overall appeal among apartment dwellers.
Real Estate News
JUNE 19, 2024
It’s all about housing, which has an outsized effect on the Consumer Price Index — and is contributing to the Fed’s lack of action on interest rates.
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Appraisal Buzz
JUNE 19, 2024
It goes without saying that buying a home is not cheap. While some homeowners are capable of managing their housing costs, others are not so equally fortunate and are housing cost-burdened, or “house poor.” According to a new study from LendingTree , nearly 20 million American homeowners across the the U.S. are considered house poor. What it means to be house poor varies depending on the homeowner.
Real Estate News
JUNE 19, 2024
The companies have hired veteran financial executives to support growth efforts, with Chris Lown joining CoStar and Chris Black joining the proptech leader.
Appraisal Buzz
JUNE 19, 2024
In a new study, Realtor.com has identified the top 10 U.S. metros best suited for military households, as the nation celebrates the 80th anniversary of the GI Bill on June 22, and its many benefits for military households. Coming in at the top of the list was Des Moines-West Des Moines, Iowa. With affordability still a major factor in home buying decisions, knowing which markets offer lower home prices, high military homeownership rates, and a lower forecasted unemployment rate can help military
Eyes on Housing
JUNE 19, 2024
Mortgage rates that continue to hover in the 7% range along with elevated construction financing costs continue to put a damper on builder sentiment. Builder confidence in the market for newly built single-family homes was 43 in June, down two points from May, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market.
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Advanced Appraisal
JUNE 19, 2024
Single Family home appraisals, house appraisals, 2-4 Units, Condos, Located in the Tinley Park, Mokena and Frankfort Area. We are also experts in Multi Family Apartment Buildings, Mixed Use, Small Commercial properties and Vacant land for all purposes. We offer private listing, Assessment Appeal, Bankruptcy, Divorce, Estate, Trust, partnership dispersion, Probate, and Indemnity Cases.
Appraisal Buzz
JUNE 19, 2024
This week, host Hal Humphreys sits down with Kharon Brown, Certified Residential Appraiser and Vice President of Recruitment at RSDS. RSDS is one of the industry leaders in bringing new people into the appraisal field. Kharon tells us about his role in that process, and why it is such an important action item for the company (and for the appraisal industry at large).
Mortgagebroker News
JUNE 19, 2024
Users can report two years of past payments to improve their credit history
Appraisal Buzz
JUNE 19, 2024
Mortgage application volume increased 0.9% during the week ended June 14, as the average rate for a 30-year fixed-rate mortgage decreased 6.94%, down from 7.02% the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. Applications for refinances decreased 0.4% from the previous week but were up 30% compared with the same week one year ago.
Mortgagebroker News
JUNE 19, 2024
FSRA revokes licence after principal broker lied to clients and lenders
Appraisal Buzz
JUNE 19, 2024
The U.S. housing shortage grew to 4.5 million homes in 2022, up from 4.3 million in 2021, according to a report from Zillow. The report shows that the inventory problem began during the pandemic – when detached homeowners were generally trying to stay isolated in their homes and many renters/multifamily owners were purchasing whatever detached homes were available.
Mortgagebroker News
JUNE 19, 2024
Canadians are hoping for another spate of rate cuts before the end of the year
Birmingham Appraisal
JUNE 19, 2024
How Important is a Confidential Appraisal? In the world of real estate appraisal, confidentiality is paramount. A confidential appraisal is of primary importance to homeowners who often express concern about the privacy of their appraisal report and who might have access to this sensitive information. As a residential real estate appraiser with decades of experience in the Birmingham, Alabama area, I understand these concerns and adhere to strict confidentiality standards to protect my clients.
Mortgagebroker News
JUNE 19, 2024
Managers in study revise views about effects of hybrid work on productivity
Lamacchia Realty
JUNE 19, 2024
After joining forces with Right Choice Real Estate and opening the Fall River office in July 2023 , Lamacchia Realty was thrilled to celebrate the Grand Opening of the office’s permanent location on Saturday, June 15th! Right Choice has been dominating Bristol County for years, and we were ecstatic to merge with them and enter a new market. We were honored to have Ron Rusin , Dawn Rusin , and our Fall River office REALTORS® join us to celebrate the opening of the freshly updated office.
BiggerPockets
JUNE 19, 2024
Will we finally get the rate cuts the Fed hinted at earlier this year?
Houston Properties
JUNE 19, 2024
Be part of the growing Houston Properties Team as a Graphics Designer. Unlock your potential with this remote work now!
Appraisal Buzz
JUNE 19, 2024
The National Association of Home Builders (NAHB) reports that builder confidence in the market for newly built single-family homes has waned in June, down to 43 in June 2024 from a reading of 45 in May, according to the latest NAHB/Wells Fargo Housing Market Index (HMI). This marks the lowest reading reported for 2024 since December 2023. “Persistently high mortgage rates are keeping many prospective buyers on the sidelines,” said NAHB Chairman Carl Harris , a custom home builder from Wichita, K
Mortgagebroker News
JUNE 19, 2024
Mortgage renewals, commercial real estate woes prompt Canada to hold bank buffer steady
Appraisal Buzz
JUNE 19, 2024
Builder confidence in the housing market dropped in June to a score of 43 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “Persistently high mortgage rates are keeping many prospective buyers on the sidelines,” says Carl Harris, chairman of NAHB, in a statement. “Home builders are also dealing with higher rates for construction and development loans, chronic labor shortages and a dearth of buildable lots.
Mortgagebroker News
JUNE 19, 2024
New capabilities include support for complex deals across Canada and the US
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