News
At Least 30% of Office Buildings Are Now ‘Worth Nothing,’ Expert Says
Surging Home Insurance Premiums May Force American Households Out of These 5 States: Report
Celebrity Real Estate Agent Mauricio Umansky Warns US Market Is Heading Towards Unaffordability
EDITOR'S PICKS
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Federal Reserve Cuts Interest Rates by a Quarter Point Following Election, How Could It Affect Mortgage Rates?
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A Comprehensive Guide on Buying a Foreclosed Home
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Billionaire Investors Behind Rising Housing Costs, Homelessness in the US: Study
Statistically, around 75% of the country's population have shifted to the Sun Belt states due to lower tax rates and more affordable housing. Existing Home Sales Jumped 3% in January, but Mortgage Rates Are Keeping Buyers on the Sidelines
At least four million units of existing homes were sold in January on a seasonally adjusted annualized basis. FHA Introduces New Program That Helps Homeowners Catch up on Past Due Mortgages
The program would allow mortgage services to temporarily decrease a borrower's mortgage payments without modifying the current mortgage interest rate. Real Estate Investors Threaten To Pull out of New York Following Recent Trump Verdict
A recent verdict in a business fraud trial by a New York judge ordered Donald Trump to pay a fine of $355 million plus interest in fines. NYC Council Wants To Join Lawsuit Against Mayor Adams Over Housing Voucher Reforms
The New York City Council filed a motion to add the Legislature as a petitioner in a class-action lawsuit against Mayor Eric Adams on Wednesday. Mortgage Demand Tumbles as Interest Rates Soar to 7% Again Following Brief Lull
Mortgage rates hovered arouund 3% this same time in 2022, but is significantly below the recent peak of 8% in October 2023. Homeownership Among Latinos, Asian Americans Hit Record High Amid Rising Mortgage Rates: Report
Homeownership rates among Asian Americans and Latinos rose by 6% between 2012 and 2022. The share of Hispanic and Asian Americans who own homes in the United States has reached historic peaks, hitting all-time highs in 2022 despite soaring mortgage rates, according to a new report. Homeowners Insurance Soars in 10 US States: Report
The average home insurance cost rose to $1,759 nationwide, up 23% from last year. Homeowners insurance rates have risen dramatically from January 2023 to February 2024, according to a report. Capital One To Acquire Discover Financial Services for $35.3 Billion, Marks Biggest Deal So Far in 2024
Capital One's merger with Discover would give it access to a new source of revenue by collecting fees from transactions. Walmart Buys TV Maker Vizio for $2.3 Billion in Cash
The acquisition is part of Walmart's effort to strengthen its advertising business and compete with rival Amazon Prime.
