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Canada home price index falls more sharply in November -Teranet – Yahoo Finance

BrokerOwner.net December 19, 2022

The Teranet index tracks closings, so it typically lags realtor sales data by three to five months. (Reporting by Fergal Smith; Editing by Cynthia …

N.Va. home sales expected to be down, prices flat in 2023 – Sun Gazette

BrokerOwner.net December 19, 2022

In terms of sales, the 2023 is shaping up to be looking like the pre-COVID markets of 2018 and 2019, said Casey Menish of Pearson Smith Realty, …

Will Investment Sales Recover in 2023? – GlobeSt

BrokerOwner.net December 19, 2022

CBRE forecasts a 15% year-over-year drop in U.S. commercial real estate investment volume in 2023, although it will exceed the pre-pandemic record …

Barnes & Noble Store Expansion Leads Big-Box Real–Estate Revival in 2023 – WSJ

BrokerOwner.net December 19, 2022

The bookseller is opening more stores than it is closing, including two in the Boston area in locations formerly occupied by Amazon Books · Flash Sale.

The tiny town of Kiln is the next real estate hot spot on the MS Coast. Here’s why. – Biloxi Sun Herald

BrokerOwner.net December 19, 2022

A sign shows a home for sale on Road 416 off Mississippi 603 in Kiln, a growing real estate hot spot in the Gulfport-Biloxi metro.

Phoenix housing market turned down in 2022. What’s ahead in 2023? – AZCentral

BrokerOwner.net December 19, 2022

Home sales and prices started to fall then and are projected to keep … Her agent, Nicole Hedges of Russ Lyon Sotheby’s International Realty, …

Farmland Values Smash Records in 2022, Undeterred by Interest Rate Hikes

BrokerOwner.net December 19, 2022

“About the time we say we’ve seen our last record sale, another one pops up,” said Paul Schadegg, senior vice president of real estate for Farmers …

South Florida real estate projects in the pipeline for the week of Dec. 16

BrokerOwner.net December 19, 2022

This week’s real estate news. … South Florida real estate projects in the pipeline for the week of Dec. 16. ×. FLASH SALE. GET 50% OFF.

San Francisco’s top 3 home sales show that 2022 was the year of the buyer

BrokerOwner.net December 19, 2022

2022 was a very different real estate year from 2021. Last year, San Francisco homes were selling in 16 days on average — and 72.9% of those homes …

Higher mortgage rates exposed Rocket’s vulnerability — can it prove itself as a fintech?

BrokerOwner.net December 19, 2022

Rocket Mortgage, once the largest mortgage originator in the country, capitalized on the all-time low mortgage rates during the pandemic years, racking up record profits through an enormous amount of refinances. Last year, it originated $351 billion in total volume — with more than double the refi volume of any

UMortgage to acquire brokerage firm NXT

BrokerOwner.net December 19, 2022

Philadelphia-based UMortgage struck a deal to acquire Dallas-based NXT Mortgage, the companies confirmed to HousingWire. UMortgage is bringing NXT’s assets, technology, and people in-house, including its founder and president, Tyler Hodgson. After the transaction is complete, which is expected to happen within the next two weeks, NXT will be part

FHA clarifies dual role restrictions for single-family transactions

BrokerOwner.net December 16, 2022

The Federal Housing Administration (FHA) issued clarification on Thursday regarding the extent in which employees in single-family housing transactions are allowed to play dual roles — and how much they are allowed to be compensated from a single FHA-insured transaction. The clarification, issued in a Mortgagee Letter by FHA Commissioner Julia