National Mortgage Professional, Feb 13, 2025-Lew SichelmanFirst-time homebuyers are especially at risk for wire fraud, report finds. Mortgage companies are also likely to be impersonated by scam artists. One third …
Category: Top National News
Small Warehouses Are Getting Harder to Find
The Wall Street Journal, Feb. 13, 2025-Liz YoungHalf Price Books has been looking for a new warehouse in the Minneapolis-St. Paul region for more than a year with no luck. …
As Buyers Fail to Show Up, More Homes Are Being Pulled From Sale
The Wall Street Journal, Feb. 13, 2025-Carol RyanAn uptick in December delistings is the latest sign of dysfunction in America’s housing market.Click here for more (subscription)
More Homes Selling Below Asking Price – Biggest Discounts in Two Years
MPA, Feb. 13, 2025-Candyd MendozaFor the first time in nearly two years, homebuyers are negotiating larger price reductions as homes sell for below asking price in many US markets.Click here …
Mortgage Rates Reach 2025 Low Despite Inflation Surge
National Mortgage News, Feb. 13, 2025-Spencer LeeEven as hotter-than-expected inflation pushed up Treasury yields, average mortgage rates came in lower for a fourth straight week, Freddie Mac said.Click here for …
What Three Indicators Say About Where the U.S. Commercial Real Estate Market Ended 2024
Urban Land magazine, February 13, 2025-Brett WidnessTwo of the three leading indicators for U.S. commercial real estate ended 2024 on an upbeat note, particularly on the lending and construction phase.Click …
Watch: How New Orleans Is Trying to Save Its Homes From Flooding
CNBC, Feb. 12, 2025Hurricane Katrina killed over 1,800 people and flooded many homes in New Orleans. In the aftermath, a quarter of the city’s housing stock was abandoned. The U.S. …
Foreign Investment in U.S. Commercial Real Estate Expected to Rise in 2025
Commercial Observer, Feb. 12, 2025-Patrick SissonWhen global business and political leaders departed from this January’s edition of Davos, the World Economic Forum’s annual meeting and a bellwether event for gauging …
The Number of Homes Offering Price Cuts Hits Seven-Year High
Scotsman Guide, Feb. 12, 2025-Victor WhitmanNearly a quarter of all home listings saw a price cut in January, yet another indicator that sellers are growing more motivated to sell and …
Refinances See Mini Hot Streak Thanks to Lower Rates
National Mortgage News, Feb. 12, 2025-Spencer LeeBorrowers responded to a pullback in interest rates, leading to another surge for refinance activity last week.Click here for more (subscription)