Financing the Future of Housing Development
April 29, 2024 | Reading Time: 2 Minutes The term “median home price” often gets tossed around, but what does it really mean? Let’s break it down. “Median” simply refers to the middle value in a set of numbers when they’re arranged from lowest to highest. It’s not an average; it’s that middle point. But […]
The Truth About Median Home Prices
April 29, 2024 | Reading Time: 2 Minutes The term “median home price” often gets tossed around, but what does it really mean? Let’s break it down. “Median” simply refers to the middle value in a set of numbers when they’re arranged from lowest to highest. It’s not an average; it’s that middle point. But […]
The Sub 6% Rate Shift
April 22, 2024 | Reading Time: 1.5 Minutes What happens if interest rates drop below 6%? Will it prompt those on the sidelines to make their move? Will sellers who previously struggled find renewed opportunity? Or will it be buyers who were previously unable to qualify at higher rates? Our prediction leans towards a surge […]
Baby Boomers Hold $19 Trillion in Real Estate
April 08, 2024 | Reading Time: 1 Minute With an impressive portfolio encompassing $19 trillion in real estate assets, comprising 41.6% of the nation’s real estate wealth, baby boomers are transitioning into retirement and will soon be looking to transfer their assets… or rather, the house keys. And guess what? That’s where you swoop in. […]
Ready to invest in AI-Driven lead generation?
April 6, 2024 | Reading Time: 3 Minutes Lead generation stands as a fundamental pillar of real estate sales, demanding significant attention from agents. With the transformative influence of the internet on consumer behaviors in the housing market, agents find themselves adapting their business practices accordingly. However, the efficacy of leads procured through major real […]
Mortgage rates hold firm, but for how long?
April 6, 2024 | Reading Time: 2.5 Minutes Mortgage interest rates persist at steady but heightened levels, providing potential homebuyers with a sense of stability as they navigate the market this spring. According to the latest Freddie Mac survey, the 30-year fixed rate has edged up slightly this week to an average of 6.82%, compared […]
Appeals court okays DOJ to reinvestigate NAR
April 6, 2024 | Reading Time: 2.5 Minutes The U.S. Court of Appeals has issued a significant ruling allowing the Department of Justice (DOJ) to revive its investigation into the National Association of Realtors (NAR). This decision carries profound implications for an industry already experiencing considerable turbulence. In a split decision announced on Friday, the […]
Could a major lawsuit against realtors mean lower home prices
March 20, 2024 | Reading Time: 4 Minutes Is the Real Estate Market on the Verge of a Price Drop? The recent $418 million antitrust lawsuit settlement with the National Association of Realtors has sparked speculation about the future trajectory of home prices. The lawsuit alleged that the association’s practices, particularly regarding realtor commissions, artificially […]
Federal Reserve Holds Rates, Plans Three Cuts This Year
March 20, 2024 | Reading Time: 1.5 Minutes The Federal Reserve decided to keep interest rates unchanged, maintaining them at about 5.3 percent, with a forecast indicating a potential decrease to 4.6 percent by the end of 2024. The Fed is cautiously considering rate cuts in response to persistent inflation but is also mindful of […]
Are real estate investors keen on fractional real estate? 3 experts share insights
March 5, 2024 | Reading Time: 3 Minutes Real estate, a favored asset class among investors, has seen the emergence of alternative investment options amidst soaring property prices. Fractional real estate, allowing individuals to invest in portions of properties, has gained attention, yet faces hurdles in adoption and understanding. Shiv Parekh, CEO of hBits, identifies […]