A report from Douglas Elliman and Miller Samuel says that the average sales price for Manhattan real estate fell 7.5% in the fourth quarter of 2019. The average sales price fell to $1.8 million, while the median sales price fell below $1 million. Sales of apartments priced at $5 million
The word entrepreneur is thrown around quite a bit these days. It’s used interchangeably with self-employed or founder. Basically, anyone who works for themselves should be considered an entrepreneur, right? The true definition of an entrepreneur is “a person who organizes and operates a business or businesses, taking on greater
The presidential election occurring in late 2020 will be a boon to home equity borrowers, regardless of who wins, according to a forecast from Bankrate. That’s because the Federal Reserve will try to sit on the sidelines this year to avoid the appearance of influencing the political process, said Greg
As 2019 saw historically low vacancy rates among multifamily housing, it also led to a rising cost of rent, too. According to realtor.com, a report from Abodo said rental prices went up in 38 states, including Washington, D.C., in 2019. In the other 12 states, the cost of rent actually
From Christine Beckwith’s point of view, what will set mortgage lenders apart in 2020 and beyond is their ability to evolve quickly. That’s a lesson some learned the hard way last year when interest rates reversed course and birthed an unexpected refi boom — at least, for those who were
In November 2019, U.S. construction spending amounted to $1.324 trillion, which is 4.1% above the previous year’s rate of $1.271 trillion, the Census Bureau said. When compared to October 2019, construction spending was 0.6% above the revised estimate of $1.317 trillion. Spending on private construction during November was at a seasonally adjusted
With just one search on Google, LinkedIn, or other online platforms, mortgage leaders can access more information than ever before on potential recruits. It should be easier than ever to find top talent, but according to Brian Covey, mortgage leader and recruiting expert, the mortgage industry’s use of outdated and
The hottest housing markets in 2020 will be the ones where the weather is hotter too. New data from Zillow suggests that southern markets are expected to outperform other national markets this year. More specifically, Austin, Texas will stand out the most, according to a new survey from Zillow. In
First American Financial announced it has fully acquired Title Security Agency. First American had been a minority owner of the title company for five years. Title Security Agency, which specializes in title and escrow services for residential and commercial transactions will become a part of the direct operations of First
After writing a pointed “Airing of Grievances” regarding common social media mistakes by housing professionals, HousingWire Columnist Dustin Brohm was invited to get it off of his chest once again – this time on theREsource.tv. theREsource produces real estate and mortgage content for housing industry professionals. Its host, Ryan Hills is
CIT Bank N.A., the banking subsidiary of CIT Group, announced Thursday that it acquired Mutual of Omaha Bank, the banking arm of insurance giant Mutual of Omaha, for $1 billion. The acquisition was first announced in August, with Mutual of Omaha telling HousingWire at the time that the bank’s mortgage business is not
Former secretary of the Department of Housing and Urban Development Julián Castro announced Thursday that he is ending his presidential campaign bid. The Democratic candidate said in October that he could soon see a drop out of the race if he didn’t raise enough money. Castro said his campaign needed
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial