REAL ESTATE NEWS - Financing and Mortgages

Get detailed information on mortgage options, interest rates, and financing tips to secure the best deal for your home or real estate investment.

Brooklyn Luxury Contracts Accelerate in August
Brooklyn's luxury market this past week may have appeared to mirror last year's figures at first glance, with 15 properties entering contract between Aug. 19 and Aug. 25, matching the same number as during the same period last year, according to Compass'
Brooklyn luxury real estate contracts surge in August, New York City market.
Zombie Foreclosures in U.S. Decline in Q3, Reaching Lowest Levels Since 2021
According to ATTOM's Q3 2024 Vacant Property and Zombie Foreclosure Report, approximately 1.4 million residential properties in the U.S. are vacant, accounting for 1.3% of all homes or 1 in every 76 homes.
Foreclosure rates decline in US, reaching lowest levels since 2021 nationwide.
New real estate regulations in North Texas: Impact on buyers, sellers, and agents
Real estate agents' payment structure changes with new NAR settlement rules in North Texas, affecting real estate transactions.
North Texas real estate market changes with new regulations announced.
East Austin's construction boom: Geyser Group secures $28.5M loan
Securing a $28.5 million construction loan for a 60-unit project in East Austin's Springdale Park, defying industry struggles.
East Austin construction site with cranes, buildings under development near downtown.
First-time homebuyers scramble for affordable properties
July's home buying trends: A surge in entry-level home interest
First-time homebuyers gather at open houses in competitive real estate market.
Real Estate Insights: Managing Inflation, Interest Rates & Tips for Home Buyers
As autumn sets in, East End's luxury real estate market faces a crossroads due to cooling inflation, fluctuating interest rates, and other economic factors.
Real estate professionals discuss managing inflation, interest rates, and home buying tips nationwide.
Real Estate Professionals' Retirement Account
Opening a self-directed IRA could be the key to growing your nest egg quickly and ensuring a comfortable financial future. Here's why: 1. **Investment Diversification**: A self-directed IRA allows you to invest in assets beyond stocks and bonds, such as r
Real estate professionals gathered at conference discussing retirement savings strategies in New York.
Manhattan's Luxury Market Soars in August
Luxury home contracts in Manhattan surge in August Manhattan's luxury home market is experiencing a surge in contract activity this August, with a significant increase in contracts signed compared to the same period last year. According to data from Olsha
Manhattan luxury real estate market chart showing significant price increase in August.
Unveiling Real Estate Market Trends: Analyzing Recent Home Sales Data
Existing Home Sales Data: A Monthly Update The National Association of Realtors releases existing home sales data every month, providing a snapshot of the housing market's past performance. While this data is a month behind, it can still offer valuable in
Real estate professionals analyze recent home sales data in a conference setting.
Shifting Rates and Herd Mentality: A Tale of NYC's Unpredictable Weather Transition
This year's late summer heat is driving buyers crazy, unlike the typical quiet end-of-summer market. Brokers report bidding wars and unprecedented numbers.
New York City weather patterns exhibit unpredictable shifts amidst herd mentality.
Hemisfair Redevelopment in Jeopardy: Area Real Estate Steps Back
San Antonio's downtown development plans hit a snag as Area Real Estate withdraws its proposal for a major project due to lack of funding.
Hemisfair redevelopment project in San Antonio faces uncertainty due to real estate setbacks.
Buyers' Sentiment Shifts: A New Era in Real Estate
New surveys reveal a slight dip in agent optimism, yet they still maintain a "net positive" outlook on the market.
Real estate buyers gather at market event, signaling shift in industry trends globally.
Alliance HP's Downtown Fort Lauderdale Office Tower Faces Foreclosure
Alliance HP faces foreclosure threat on downtown Fort Lauderdale office tower
Downtown Fort Lauderdale office tower faces foreclosure by Alliance HP investors.
A Beacon of Hope Amidst Sluggishness: New Homes Shine
Home sales soar in July as builders offer attractive incentives to seal deals amidst lower mortgage rates.
New homes under construction in a previously neglected urban neighborhood area.
Fed Chair's Hint of a Rate Cut in September
Federal Reserve Chairman Jerome Powell's speech at Jackson Hole Economic Symposium on Friday hinted at an impending interest rate cut.
Federal Reserve Chairman hints at potential interest rate reduction in September meeting.
Mortgage rates remain steady at 6.5% mark
Should potential home buyers wait for borrowing costs to drop further or take advantage of current rates?
Mortgage rates stabilize at 6.5%, impacting homebuyers nationwide in US market.
Redfin downsizes, provides new opportunities for select employees
Redfin streamlines operations: Reduces support and managerial staff as more agents transition to Redfin Next, affecting less than 100 roles.
Redfin executive downsizing, offering career advancement opportunities to select employees nationwide.
Mortgage Rates Remain High: Buyers Still Uninterested
Fed's Interest Rate Cut: A Potential Catalyst for Sales Rebound
Homes on sale with high mortgage rates, uninterested buyers in suburban neighborhood.

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