Real estate values continue to rise in county – Monroe Evening News
Michael Woolford, equalization director for the county, told county commissioners Tuesday night that a two-year study of property sales in 19 …
Real Estate Broker/Agency News
Prime Property: $90 million list price for Star Island estate could set record – Sun Sentinel
If the property sells for that price, it will top the recent $75 million sale of another home on Star Island and will set a new record for home …
Affordable housing markets that are expected to gain the most value in 2022 – The Washington Post
These markets have a ratio of median home sales price to median household income on the lower half of the 379 metro areas in the analysis, …
Oceanside “spec” home in Palm Beach sold for $57 million – South Florida Sun-Sentinel
With stunning views, two pools and a tunnel leading to the beach, this Palm Beach mansion was one of the top sales in the past six months.
Real estate sales for South Shore, Mass., for week of Dec. 6-10, 2021 – The Patriot Ledger
226 Ashland St., RJJ Properties Limited Liability Co. to Matthew Bille, $630,000, Dec. 8, single family. 26 Jefferson St., Lindahl Realty Trust and …
Mortgage rates have eclipsed 3.5%
The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Most economists believe rates will continue to climb in the weeks and months ahead.
As omicron surges, some major lenders are quiet about safety measures
During the onset of COVID-19 in 2020, mortgage lenders were eager to discuss the measures that they were putting in place to keep employees safe. Two years later, as the omicron variant surges, some lenders have very little to say. Of the top 10 nonbank lenders that HousingWire reached out
How to minimize tenant turnover using online property management tools
Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Turnover is one of the most costly aspects of the property management business, with the average turnover costing more
Housing starts beat estimates, but don’t get too excited
Today, the U.S. Census Bureau reported that housing starts came in as a beat at 1.702 million for December. The more critical number of housing permits came in too strong at 1.873 million. You always want to be skeptical of any housing starts data that comes in too strong or
Fast-growing brokerage Side enters NYC
San Francisco-based Side has taken the side entrance into New York. The real estate brokerage has not announced agent hires, but it has tapped a managing broker for the state in John Wollberg. “Wollberg will support and guide Side agent partners as the company expands its unique brokerage-as-a-service model into
Housing starts reach nine-month high in December
After posting a double digit gain in November, housing starts were up yet again in December, rising 1.4% month over month to a seasonally adjusted annual rate of 1.70 million according to a report released Wednesday by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the
Desktop appraisal option to start in March
Desktop appraisals will become an option for some agency-backed loans submitted after March 19. To be eligible for a desktop appraisal, according to Fannie Mae, the loan must be a purchase transaction, secured by a one-unit principal residence and have a loan-to-value ratio of no more than 90%. The option
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Zillow News
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- Affordability and More Space Are Strong Draws for Canadian Home Shoppers, but Rising Prices and Low Inventories Remain Challenging June 24, 2021