Analysis: Hot RE Markets Have Highest Inflation
Inflation affects home prices – and home prices affect inflation. Metros with more departing residents – San Francisco, New York, etc. – have the lowest inflation rates.
Advice for Renters Priced Out of Home Buying
For many homebuyers, their ownership goal seems to be kicked farther down the field with every price increase and mortgage rate rise.
Report Card: Real Estate Investment Trusts (REITs)
REITs, which trade real estate similar to the way stocks trade business ownership, largely fell in value in June, though the decline level varied by commercial sector.
June’s Single-Family Housing Starts Drop 8.1%
Total housing starts fell 2.0% in June. Weakness in the single-family sector was partially lessened by a 10.3% rise in the multifamily sector.
Mortgage Rate Forecast: Volatility – but Going Up
What will happen to mortgage rates next week? No one knows. What will happen over the next year? Likely lots of ups and downs but, ultimately, higher average rates.
Realtors and Technology: What’s Used Most?
Top of the list: smartphones, email, and social media or GPS apps. In addition, 19 out of 20 (94%) agents text customers but also call (92%) or send email (90%).