Thursday, 14 November 2024

News

NICARAGUA-RELIGION-EASTER

'This 5-Acre Carribean Island Is on Sale at a Price More Affordable Than a Home in the US

The five-acre island is listed for only $475,000. In comparison, the median home sale price in Florida is $712,000.

How to Get a Mortgage

'Largest Credit Union in the US Rejected Over Half of Its Black Mortgage Applicants: Report

Less than 50% of new conventional home purchase mortgage applications from Black borrowers were rejected in 2022, an analysis found.

Housing Stock For Sale In Coventry

'These 3 States Are the Most Vulnerable to a Housing Crash: Report

Counties that are most at risk of another housing crash had higher unemployment rates and a higher percentage of homeowners who have received foreclosure notices.

EDITOR'S PICKS

'White House Calls for Improvements on Housing Affordability, Pushes for Tax Incentives

The White House is calling for more strategies to improve housing affordability after the index plunged to 91.4 in October.

By D. Ong
'Powder Mountain To Undergo $20M Renovation, Will Include Four New Lifts and Semi-Private Model

Powder Mountain, the nation's largest ski resort, will see changes amounting to $20 million to its lift infrastructure and organizational model in an effort to reduce crowds and generate income.

By D. Ong
'National Housing Affordability Fell in October Amid Soaring Mortgage Payments

The housing affordability index fell to 91.4 in October from 99.0 a year prior.

By D. Ong
'California Home Sellers Sue NAR, Brokerages Over Inflating Commissions

A group of California home sellers are suing the NAR and several national brokerages for allegedly artificially inflating the commissions paid to buyer-side brokers.

By D. Ong
'Wells Fargo Among Banks Caught in Mortgage Pricing Discrimination Investigation

The Consumer Financial Protection Bureau launched an investigation into how mortgage bankers used pricing exceptions in 2022.

By D. Ong
'Real Estate Problem? Why Agents Are Struggling To Pay Office Rents

The rent delinquency rate among real estate agents rose to 45% in November, up from 40% in October.

By D. Ong
'Disney Announces Plans To Build New Residential Development in North Carolina

Sales for homes in Disney's Asteria community are expected to begin in 2027.

By D. Ong
'Real Estate Broker Allowed To Keep His License Even After Pleading Guilty To Stealing Homes: Report

Real estate broker Michael Bogstead pled guilty to a felony charge related to creating fraudulent deeds and mortgage documents to illegally transfer the ownershipof a property to various entities.

By D. Ong
'Jeff Bezos Owns 8 Properties in Seattle, Including 5 That Were Previously Unreported: Report

Jeff Bezos purchased four previously unreported properties for a total of $45 million in 2019.

By D. Ong
'2024 Forecast: Real Estate Experts Say Mortgage Rates, Home Sales To Improve Next Year

Real estate experts anticipate the mortgage rates to decline to 6% and home sales to increase to over four million in 2024.

By D. Ong
'30-Year Mortgage Rate Drops To Lowest Level in 4 Months

Mortgage rates for the 30-year fixed term dropped to 6% after surging past 8% in October.

By D. Ong
'Shark Tank Star Barbara Corcoran Reveals Her Golden Rule in Real Estate Investing

Real estate investor Barbara Corcoran shared her two-part "golden rule" that helped make her a millionaire.

By D. Ong