HousingWire, Dec. 12, 2024-Daren BlomquistInstitutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as …
Category: Top National News
Explainer: What Happens to Your Mortgage After a Disaster?
Boston.com, Dec. 11, 2024-Sury ChakrabortyIn October, Hurricane Helene barreled across several states, causing $53 billion in damage and recovery needs in North Carolina alone, according to the governor’s office. The …
The Luxury Housing Market Is Booming Despite Larger Stagnation
HousingWire, Dec. 11, 2024-Jeff AndrewsThe stagnant 2024 housing market is one the real estate industry can’t wait to get away from, but not so for the niche luxury market.Click here …
Rising Inflation Unlikely To Derail December Fed Cut
National Mortgage Professional, Dec. 11, 2024-Ryan KingsleyOverall inflation rose 2.7% on an annual basis in November, matching consensus estimates, and marking the third consecutive month of accelerating prices after they …
Alternative Mortgages See Double-Digit Growth as Borrowers Seek Flexibility
MPA, Dec. 11, 2024-Candyd MendozaMore borrowers are turning to non-qualified mortgages (non-QM), home equity lines of credit (HELOCs), and second mortgages, according to the latest report from Mortgage Capital Trading …
Mortgage Refinance Demand Surges 27%, as Interest Rates Drop for the Third Straight Week
CNBC, Dec. 11, 2024-Diana OlickMortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings. The surge …
Young Families to Drive Sales, Price Gains Next Year
National Mortgage Professional, Dec. 10, 2024-Lew SichelmanSome markets to see sizable bump up in 2025 sales, while others will struggle to overcome affordability challengesClick here for more
Mortgage Rates Cool Again Ahead of the Fed’s December Meeting
HousingWire, Dec. 10, 2024-Neil PiersonAfter briefly crossing the 7% threshold, mortgage rates have moved lower in the past two weeks. And they have the potential to continue dropping by the …
Wall Street Is Betting Billions on Rental Homes as Ownership Slips Out of Reach
The Wall Street Journal, Dec. 10, 2024-Rebecca PicciottoWall Street firms buying or developing single-family homes are betting billions of dollars on people like Adrianne Harlow.Click here for more (subscription)
2024 Was the Year Return to Office Finally Tipped in Real Estate’s Favor
Commercial Observer, Dec. 10, 2024-Larry GetlenPick your positive.Nationwide, more newly available office space was occupied than vacated in the third quarter of 2024 for the first time in two years, …