Homebuyers jump at lower mortgage rates, but will they last?
Homebuyers jump at lower mortgage rates, but will they last? June 21, 2024 Purchase loan applications have surged for two weeks in a row, but rates for conforming mortgages are inching back up toward 7 percent this week as investors weigh the odds of Fed rate cuts. Go to Source Author: Matt Carter
Former NAR employee seeks $1M in new lawsuit alleging retaliation
Former NAR employee seeks $1M in new lawsuit alleging retaliation June 21, 2024 Roshani Sheth, a former product manager for the Realtors Information Network, filed suit after an Equal Employment Opportunity Commission probe into her racial and sexual harassment claims. Go to Source Author: Taylor Anderson
Eklund | Gomes brings homebuyer in priciest NYC deal since 2022
Eklund | Gomes brings homebuyer in priciest NYC deal since 2022 June 21, 2024 A penthouse at Central Park Tower on Manhattan’s Billionaires’ Row has sold to an unidentified international buyer for $115 million, making it the first residential sale in New York City over $100 million since 2022. Go to Source Author: Lillian…Read More→
Former Google CEO Eric Schmidt sells Silicon Valley home at $22.5M
Former Google CEO Eric Schmidt sells Silicon Valley home at $22.5M June 20, 2024 Schmidt and his wife, Wendy Schmidt, bought the home in 1990 for $2 million and gradually expanded the estate over about 20 years, adding neighboring parcels, a guest house and a green house. Go to Source Author: Lillian Dickerson
Cassie Walker Johnson preaches the buyer agreement gospel
Cassie Walker Johnson preaches the buyer agreement gospel June 20, 2024 At Inman Connect Las Vegas in July, Windermere broker Cassie Walker Johnson will reveal her eight-step system for creating buyer agreements. She gave Inman a sneak peak ahead of the event. Go to Source Author: Ben Verde
Housing starts plunge 5.5% in May as homebuilders act with caution
Housing starts plunge 5.5% in May as homebuilders act with caution June 20, 2024 Construction starts on new housing units dropped 5.5 percent to a seasonally adjusted annual rate of 1,277,000 — 19.3 percent lower than levels in May 2023, according to U.S. Census data released Thursday. Go to Source Author: Ben Verde
Harvard Study: New Construction Barely Addresses Housing Affordability Challenges
Harvard Study: New Construction Barely Addresses Housing Affordability Challenges June 20, 2024 The report cited new record highs for home prices during early 2024. Continue Reading Harvard Study: New Construction Barely Addresses Housing Affordability Challenges The post Harvard Study: New Construction Barely Addresses Housing Affordability Challenges appeared first on Weekly Real Estate News. Go…Read More→
Tech Trends: The Latest Offerings in Real Estate Tech
Tech Trends: The Latest Offerings in Real Estate Tech June 20, 2024 This week’s Tech Trends considers the latest developments on the digital side of the real estate industry. Continue Reading Tech Trends: The Latest Offerings in Real Estate Tech The post Tech Trends: The Latest Offerings in Real Estate Tech appeared first on Weekly…Read More→
Healing Realty Trust Raises $25M in Series A Funding Round
Healing Realty Trust Raises $25M in Series A Funding Round June 20, 2024 The company said the funding will be used to acquire three operating healthcare facilities. Continue Reading Healing Realty Trust Raises $25M in Series A Funding Round The post Healing Realty Trust Raises $25M in Series A Funding Round appeared first on Weekly…Read More→
Your insights matter: Take the Inman Intel Index survey for June
Your insights matter: Take the Inman Intel Index survey for June June 20, 2024 The Inman Intel Index goes beyond sentiment and trends by tapping into the industry’s most engaged community. Add your voice to real estate’s most ambitious monthly survey today. Go to Source Author: Daniel Houston