New Survey Shows How Low Mortgage Rates Must Go Before Homebuyers Start Shopping

Published by REALTOR.com | September 16, 2024 38% of Americans have put off purchasing a home because of high mortgage rates Mortgage rates are at their lowest level in over a year after dropping to 6.2% for the week ending Sept. 12—and they could fall yet again if the Federal Reserve cuts rates at its …

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Real Estate Scams Are On The Rise – Here’s What to Look Out For

Published by FOX Business | September 10, 2024 FTC issues over $20M in refunds to victims who fell for home-flipping scams in recent months Whether it’s empty promises of lucrative pay days from flipping houses, fake property postings or deceptive mortgage relief schemes, real estate scams are on the rise, experts warn. The issue with …

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Cost-Of-Living Crisis Kicks Off The Harris-Trump Debate

Published by FOX Business | September 10, 2024 Inflation and affordable housing loomed large during the Harris-Trump presidential debate Former President Trump and Vice President Harris led off the high-stakes presidential debate Tuesday with a discussion about the cost-of-living crisis and economic challenges Americans are facing. The first faceoff between the two, held in Philadelphia …

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How Other Industries Shape the National Real Estate Market

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

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

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?

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

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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