How Other Industries Shape the National Real Estate Market

Economy / By

Published by ThinkRealty | August 19, 2024 Key industries shape the nationwide real estate market, and savvy real estate professionals will make a point to understand the ripple effects. Experienced real estate professionals know firsthand how various industries influence the real estate sector. From technology and finance to construction and environmental sustainability, the interplay between …

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How a Once-Bankrupt City Has Become an Investor’s Paradise

Investments / By

Published by REALTOR.com | August 24, 2024 In 2013, Detroit infamously filed for bankruptcy, becoming the largest municipal filing in history with $20 billion in debt. Chase C. Hunter became a real estate investor in Detroit in an unusual way. She searched for “best places to buy cheap properties” on Google. At the time, Hunter …

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California Considering $150K Loans to Help Illegal Immigrants Purchase Homes

Politics, Residential / By

Published by FOX Business | August 26, 2024 Lawmakers in California could soon make the Golden State the first in the country to make undocumented immigrants eligible for up to $150,000 in state-supported home loans. The Democratic supermajority in the California state legislature is likely to pass a measure that would make undocumented immigrants eligible …

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Kamala Harris Wants 3 Million New Houses Built — Is It Feasible?

Politics, Residential / By

Published by FOX Business | August 20, 2024 Experts weigh in on the Democratic nominee’s ambitious plan for the U.S. building millions more homes over four years. Vice President Kamala Harris is vowing to address the U.S. housing shortage with a plan she says will result in the construction of three million new housing units …

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Waiting For Mortgage Rates to Fall? Why Experts Say it Won’t Make a Difference

Interest Rates, Mortgages / By

Published by FOX Business | August 19, 2024 Lower borrowing rates will only make housing more affordable for a 3- to 6-month period Potential U.S. home buyers and sellers have kept a sharp eye on mortgage rates, which have contributed to the affordability crisis in the market. Today, mortgage rates are more than double what …

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Harris Proposes $25,000 Down Payment Assistance For First-Time Homebuyers

Politics, Residential / By

Published by FOX Business | August 16, 2024 Some experts say the Democratic presidential nominee’s plan would only make the affordable housing crisis worse, while others say they like the idea on its surface Vice President Kamala Harris has rolled out a list of actions she would take to tackle the affordable housing crisis in …

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Midyear Real Estate Forecast Reveals Major Change for Homebuyers

Housing Market, Residential / By

Published by REALTOR | August 14, 2024 The next six months should bring some welcome relief to homebuyers and sellers in the form of lower mortgage rates, according to the Realtor.com® midyear housing forecast for 2024. So far, 2024 has been a tough year for the housing market with high mortgage rates, stubborn home prices, …

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Vance Backs Trump on President Influencing Federal Reserve Decisions

Economy, Interest Rates, Politics / By

Published by Fox Business | August 11, 2024 Vance’s remarks come after former President Trump said the president should ‘have at least [a] say’ over Fed policy moves Former President Trump’s vice presidential nominee Sen. JD Vance, R-Ohio, said on Sunday that he backs Trump’s call for presidents to have a say in the Federal …

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