Latest Real Estate News

High Debt-to-Income Ratios Prompt More Mortgage Denials

Realtor - Sun, 10/14/2018 - 22:00

Lenders turned away nearly one in 10 mortgage applicants in 2017, according to real estate data firm CoreLogic.

Zero-Down Loan Program Aims to Expand Mortgage Access

Realtor - Sun, 10/14/2018 - 22:00

A new effort is underway to remove barriers to financing and raise the low rate of homeownership among underserved groups of home buyers.

10 Hottest ZIP Codes in the Nation Right Now

Realtor - Sun, 10/14/2018 - 22:00

High-income millennials are a driving force behind many of the most active markets, according to realtor.com®.

Agents Turn to Spider-Man to Save Their Listings

Realtor - Sun, 10/14/2018 - 22:00

Real estate team dresses up as superhero, unicorns in an effort to attract potential buyers to homes lingering on the market.

Hot Property Newsletter: Matches made in real estate

Los Angeles Time Real Estate News - Sat, 10/13/2018 - 00:05

Among home sellers and buyers finding common ground this week are some notable players. Swiping right were a soccer great, a film veteran and a “Real Housewives” star. Still casting about for that special someone is a “Dallas” mainstay and a retired NBA all-star.

Our Home of the Week is a hip traditional...

Real estate titan taps location tracking startup XYO to build blockchain land registry

Los Angeles Time Real Estate News - Fri, 10/12/2018 - 11:55

A local tech startup is partnering with real estate giant Re/Max to figure out how to use blockchain technology for buying and selling property in Mexico.

The startup, once called XY Findables but now going by XYO Network, specializes in grabbing location data and storing it on the blockchain....

Zsa Zsa Gabor's glamorous estate among L.A.'s priciest home sales in September

Los Angeles Time Real Estate News - Fri, 10/12/2018 - 06:00

A pair of transactions north of $26 million in Beverly Hills and the sale of Zsa Zsa Gabor’s longtime residence in Bel-Air were among L.A. County’s high-water deals that publicly recorded in September. Here’s a closer look.

$27 million — Beverly Hills

In the 600 block of North Canon Drive, a limited...

Renters’ Top Priority? Finding an Affordable Property

Realtor - Thu, 10/11/2018 - 22:00

Rent-seeking tenants’ top priorities include price and location—two factors that they say are also the least negotiable, according to a new survey.

HUD Awards $47M in Housing Counseling Grants

Realtor - Thu, 10/11/2018 - 22:00

The department has earmarked $47 million for housing counseling grants to help about 1 million households find housing or avoid foreclosure.

Google Plus Is Shutting Down: What You Should Do

Realtor - Thu, 10/11/2018 - 22:00

About 20 percent of real estate professionals say they use the platform in their business. Here’s what to do about Google’s announcement this week.

Mortgage Rates Jump to 7-Year High

Realtor - Thu, 10/11/2018 - 22:00

The 30-year fixed-rate mortgage rate inches closer to the 5 percent threshold.

Are Investors ‘Short-Sighted’ About Climate Risk?

Realtor - Thu, 10/11/2018 - 22:00

Consumers are flocking to some of the most disaster-prone areas of the country, and investors are following the demand. Is that a wise investment strategy?

Mortgage rates rise to a seven-year high

Los Angeles Time Real Estate News - Thu, 10/11/2018 - 10:15

The average rate on a 30-year fixed mortgage is nearing 5%, following a surge this week that put borrowing costs at their highest level since 2011, according to Freddie Mac.

The sharp rise in mortgage rates — to 4.9% this week, from 4.71% last week — stems from a rise in the overall cost of borrowing...

Legal Uncertainty Keeps Association Health Plans on Hold

Realtor - Wed, 10/10/2018 - 22:00

Four months after getting a boost of support, NAR and other trade associations across the country are still facing several hurdles in the push for a nationwide association health plan.

Midsized Markets Poised for Investment Boom in 2019

Realtor - Wed, 10/10/2018 - 22:00

Underdeveloped and underserved areas of the country may soon see more opportunities to attract diverse workers and spark demand for housing, according to the Urban Land Institute’s 2019 Emerging Trends report.

Foreclosures Sink to 13-Year Low

Realtor - Wed, 10/10/2018 - 22:00

More foreclosed homes are disappearing from community listings, but there are a few pockets where you can still find them.

Millennials: Homebuying, Retiring Prioritized Over Marriage

Realtor - Wed, 10/10/2018 - 22:00

The younger generation of buyers say owning a home is a milestone that defines their success, according to Bank of America’s Homebuyer Insights Report.

Hurricane Michael: ‘Worst Storm Ever to Hit Florida Panhandle’

Realtor - Wed, 10/10/2018 - 22:00

“We’re Floridians—we know that disasters can happen at any time,” says the Florida REALTORS® president. But will the state be ready for 200 miles of destruction?

How Redevelopment Can Stay True to Community Culture

Realtor - Wed, 10/10/2018 - 22:00

Property reuse projects are most successful when developers put less emphasis on ROI and focus more on preserving and enhancing neighborhood character through redevelopment, architecture thought leaders say.

Is Largest U.S. Home Builder Pulling Back?

Realtor - Tue, 10/09/2018 - 22:00

Lennar is considering selling its real estate lending arm, Rialto Capital, in an apparent bid to concentrate on its core business in what some see as a softening market. 

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