National News
The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and informative experience for all clients, regardless of their English proficiency.
Two economists expressed concerns about the real estate industry in the wake of the Fed’s decision to raise interest rates by three-quarters of a percent.
The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.
The housing market is starting to become more balanced.
Miami ranks No. 5 among major U.S. cities with the worst housing shortages, according to an analysis by Angi.
ATTOM’s 2022 U.S. Foreclosure Market Report shows that foreclosure filings are up 118% compared to this time last year.
The recent order by President Joe Biden canceling tens of millions of dollars in student loan debt is good news for the real estate industry, according to a new report.
A sudden slowdown in home construction hasn’t affected the rise of new apartment buildings. Ten of the country’s top metros are set to reach five-year peaks in new-apartment construction during 2022.
Homebuyers nationwide had more time to make decisions in August with the first year-over-year increase in median days on the market since June 2020.
Though home prices are still increasing across the United States, the rate of growth is slowing, according to the latest S&P CoreLogic Case-Shiller Indices.
More borrowers are turning to adjustable-rate mortgages to save money as interest rates climb.
Compass revealed big losses — to the tune of $100 million — in its second quarter report. And as a result, the firm will no longer offer equity or cash incentives to new agents.
Delray Beach is the No. 2 city in the analysis for average host income in the first quarter of 2022.
The expansion will bring RedfinNow into 34 markets in 16 states and Washington, D.C.
Homebuyers may catch a break this month as rates have come down nearly a point from the recent high on fears of a recession.
The 30-year fixed-rate mortgage averaged 4.99% as of Aug. 4: down 0.8% from last week. The news marks the first time since April that mortgage rates have dipped below 5%.
