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Can the good times continue at Realogy?

Housing Wire

Brokerage and franchise conglomerate Realogy reported its yearly financials Thursday, and the Madison, New Jersey-headquartered company tallied $343 million in net income for 2021. The brokerage, however, does more high-end deals. The average home sold by the brokerage cost $609,000, while the average franchise sale was $394,000.

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Will new products stop the bleeding for mortgage lenders? 

Housing Wire

.” Lenders are making a play with jumbo adjustable-rate mortgages (ARM), a product that has made a comeback after falling out of favor due to their role in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. billion in mortgages, down from the $53.8

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A Good Time to Sell a Home, Say Real Estate Experts

RIS Media

These home seekers are ready and willing to buy, making now an opportune time for homeowners to hang a “For Sale” sign. Some homeowners who have been considering selling their home may be unaware of this buyer demand. They are searching for larger homes in less-densely populated areas that include more lifestyle amenities.

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Weichert Year in Review: Finding Success in Unprecedented Times

RIS Media

Five more offices are slated to come online in the next couple months, as independent brokerages continued to recognize the value in leveraging Weichert technology, marketing, and coaching support to compete and grow. percent for a 30-year, fixed-rate mortgage, depending upon the borrower’s credit score, down payment and other factors.

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Many Recent Buyers Believe They Overpaid for Their Homes as the Market Corrects

Realtor.com

Now with price growth slowing , and even falling in many markets, many of those now-homeowners believe they overpaid for the residences. ” Real estate agents are often included in these suits because homeowners believe they should have warned them about these problems as well as any future shifts in the housing market.

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

Redfin, a real estate brokerage, reported that 42.3% The percent of delinquent mortgages in Las Vegas is 1.2%, which is higher than the national value of 1.1%. The percent of Las Vegas homeowners underwater on their mortgage is 7.2%, which is higher than Las Vegas-Henderson-Paradise Metro at 7.1%. from March and up 18.4%

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NYC Real Estate Market 2020 Overview

Marco Santarelli

NYC's real estate appreciation rate in the latest quarter was around 1.08% which equates to an annual appreciation rate of 4.41%. Any homeowner looking to cash out and sell off their property should do it in the current phase. percent on a 30-year fixed-rate mortgage. Chart Courtesy: PropertyShark.com.

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