Housing Wire
OCTOBER 19, 2024
We have had three weeks of positive year-over-year growth in both purchase application data and weekly pending contract data, with last week showing a noticeable jump from last year. Now the dose of reality: last year at this time mortgage rates were heading toward 8% , and even though 2023 showed record low sales levels, it got worse with 8% rates.
Real Estate News
OCTOBER 19, 2024
The Clear Cooperation Policy — a misguided attempt to level the playing field — doesn't meet the needs of consumers or support principles of free enterprise.
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Marco Santarelli
OCTOBER 19, 2024
Hey there! Thinking about buying or selling a home? You're not alone. Recently, more people decided to sell their homes than usual , and it's got the real estate market buzzing. Let's dive into why this surprising surge happened and what it means for you. Why Did More People Decide To Sell Their Homes in Fall? The Unexpected Fall Home Market Boom Typically, the real estate market slows down as summer ends.
Real Estate News
OCTOBER 19, 2024
The DANGER Report spelled out risks for agents and brokers a decade ago. Many of its projections have come to pass — but they haven’t all been negative.
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Brownstoner
OCTOBER 19, 2024
Affordable Housing Lottery Opens for Williamsburg Tower With $1,467 Studios An affordable housing lottery has opened for 49 apartments in a towering new mixed-income development on Boerum Street in Williamsburg. The 19-story, 162-unit building at 159 Boerum Street, which rises far above any other structure on the block, has gone up… Read More > The post Top 5 Stories on Brownstoner This Week: A Housing Lottery Launches in Williamsburg appeared first on Brownstoner.
Real Estate News
OCTOBER 19, 2024
Top NYC agent moves to Compass; 20-year vet joins Corcoran Centric; Florida indie gains new leader; The Agency opens in Saskatoon; C21 adds Vegas firm; more.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
A Student of the Real Estate Game
OCTOBER 19, 2024
This week, I was sitting in a conference room in Fort Lauderdale, surrounded by prominent multifamily investors. We were having a closed-door, off-the-record conversation about all things multifamily. I was in heaven. I got to ask questions and hear insights from experienced multifamily investors who have been through cycles, grown platforms, and experienced failure.
Marco Santarelli
OCTOBER 19, 2024
Single-family homes are more than just a popular housing option; they represent a significant component of the American real estate market. In September 2024, single-family home construction surged, indicating a renewed interest among homeowners and builders alike, particularly in the Northeast. This increase is largely attributed to a dip in mortgage rates, making it more affordable for families to invest in their own homes.
Marco Santarelli
OCTOBER 19, 2024
If you're considering buying a typical starter home in Seattle , prepare to earn a substantial income—it requires a whopping $178,332 annually. This reflects increased challenges for buyers as the housing market in Seattle becomes more competitive and prices continue to rise. The latest data reveals that, despite a recent dip in mortgage rates, affordability remains a significant hurdle for many prospective homeowners.
Marco Santarelli
OCTOBER 19, 2024
Mortgage rates remain mostly steady this week, showing minimal fluctuations after a significant jump earlier this month. The 30-year fixed rate has not varied more than 0.06% since the notable increase following the jobs report, indicating a stable environment for potential buyers and current homeowners alike. Understanding This Week's Mortgage Rates Trends: Expert Insights Key Takeaways Steady Rates: Mortgage rates have been steady, with only minimal changes observed this week.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Marco Santarelli
OCTOBER 19, 2024
October 2024: The housing market is a bit of a puzzle. The economy is doing pretty well, but buying a house is still tough. Houses are expensive, and there just aren't enough of them. Even with these hurdles, we're seeing more first-time buyers jumping into the market, which is making it even harder to find a place. This article will take a closer look at what's going on in the housing market right now, talk about how people are dealing with it, and try to figure out what might happen next.
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