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January 23, 2024 / Real Estate News
Sharp Decline in Mortgage Interest Rate May Spur Surge in Buying
A significant decline in mortgage interest rates may be spurring newfound interest from prospective homebuyers, according to a consumer survey...
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January 23, 2024 / Real Estate News
Available Housing Inventory Reaches New Lows
Real estate brokers and lenders have shown growing concern over the general lack of inventory on the market, with RE/MAX...
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January 22, 2024 / Commercial Real Estate News
Troubles in Commercial Real Estate Result of High Interest Rates, Low Property Values
According to a recent article by Business Insider, the commercial real estate market is set for some difficulties in the...
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January 17, 2024 / Commercial Real Estate News, Real Estate News
A Mirrored Set of Problems in Commercial, Residential Real Estate
Both the commercial and residential real estate sectors are facing serious troubles, albeit for almost entirely opposite reasons. The residential...
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December 7, 2023 / Commercial Real Estate News
WeWork Files For Chapter 11 Bankruptcy
Once one of the largest holders of commercial real estate in the United States, WeWork has filed for Chapter 11...
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December 7, 2023 / Real Estate News
Decline in Interest Rates Leads to Spike in Refinancing
A recent decline in mortgage interest rates has led to a sudden spike in refinancing, according to the Mortgage Bankers...
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November 17, 2023 / Real Estate News
Housing Industry Reps Ask Fed to Stop Increasing Interest Rates
Three major organizations representing the housing industry, The National Association of Home Builders, the Mortgage Bankers Association and the National...
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November 17, 2023
Foreclosure Filings Up 34% Since 2022
The number of people experiencing foreclosure increased by approximately one third this October, compared to the same time last year....
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October 10, 2023 / Real Estate News
30-Year Fixed Interest Mortgage Rate Approaches 8%
Mortgage interest rates have once again hit a new high, approaching the highest they have been in 23 years. This...
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September 22, 2023 / Real Estate News
Refinancing Spikes, Despite Interest Rates Remaining High
The second week of September saw a surprising increase in the rate of refinancing, with applications increasing by 13% week...
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