News

News

30 June 2020

Home Price Gains Continue: Case-Shiller

Inman News Home prices were up 4.7% year over year in April, according to the S&P CoreLogic Case-Shiller US National Home Price NSA Index, released Tuesday. Home prices rose 4.7 percent year over year in April, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday. Home price gains were […]

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30 June 2020

The Jumbo Mortgage Market May Be Heating Up

Inman News / Wall Street Journal By Katy McLaughlin Loan activity went into a deep freeze following the onset of the pandemic, but lenders seem to be loosening their purse strings again . . . a bit. Billy Rose, the founder of real-estate brokerage the Agency in Beverly Hills, got an offer on a $5 […]

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30 June 2020

Making Sense Of The Headlines: A Look At Housing Affordability

Inman News Windermere Chief Economist Matthew Gardner explains why the issue stems from inadequate supply — in combination with rising, demographically driven demand — pushing prices to record highs and rising faster than incomes. A decade ago, we started to emerge from a period which saw the United States experience the greatest contraction in housing […]

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30 June 2020

Share Of Mortgages In Forbearance Dips For Second Straight Week

Inman News A new report from the Mortgage Bankers Association shows that about 4.2 million homeowners were in forbearance programs as of June 21. In a world with precious little good news, here’s a small ray of sunshine: The number of mortgages in forbearance has dipped for the second straight week. That’s according to a new report, […]

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29 June 2020

Supreme Court Rules CFPB Structure Is Unconstitutional

Inman News The agency, which helps protect consumers from bad lending practices — including in the mortgage space — was born out of the 2008 financial crisis. The U.S. Supreme Court ruled Monday that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional. The court, however, did not rule that the entire agency is unconstitutional, likely protecting […]

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29 June 2020

Pending Home Sales See Record-Setting 44.3% Monthly Increase In May

National Association of Realtors Pending home sales reached a 44.3 percent monthly increase in May—a new record, according to the National Association of REALTORS® (NAR). After two previous months of declines, pending home sales are showing a market rebound, with every major region recording a month-over-month increase. According to NAR, the Pending Home Sales Index (PHSI) increased […]

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29 June 2020

What Experts Are Saying About The Housing Market For The Rest Of 2020

KCM One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging. […]

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28 June 2020

How The Pandemic Is Shifting Demand For Luxury Real Estate

Sky The Covid-19 pandemic is changing the landscape for luxury real estate. But will these changes be temporary, or are they a glimpse into the future of the luxury market? When the U.S. economies started to shut down, the real estate market slowed down considerably. All areas of the market are not affected in the […]

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28 June 2020

New and Notable Luxury Properties for Sale over $16 million | June 2020

Sotheby’s International Realty From an incomparable estate in Cannes to a stunning cliffside Belvedere, California home, these are this month’s four featured notable properties for sale over $16 million. Cannes, France The villa Alang Alang, a prestigious property of more than 1,600 square-meters is in the heart of the renowned ‘Californie’, benefits from an absolutely extraordinary location, […]

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28 June 2020

How Buyers Are Financing Their Residential Purchases In Santa Fe

Sotheby’s International Realty

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