real estate news

Permanent Living Transforms Resort Towns, Vacation Homes

December 2nd, 2021
They say if you love what you do, you won’t work a day in your life. But what if you live where you vacation, does that make every workday a holiday? Maybe not quite, but even so, thousands of people...

Corcoran Global Living Adds Boutique Lake Arrowhead Brokerage, Prime Properties

December 6th, 2021
Corcoran Global Living has welcomed Lake Arrowhead’s Prime Properties to its growing operation. With the addition of this newest location set in the pristine San Bernardino Mountains, Corcoran Global Living now has nearly 2,600 expert real estate associates across 70...

NAR’s SCV Opens 2022 REACH U.S. Applications

December 8th, 2021
Second Century Ventures (SCV), the strategic investment arm of the National Association of REALTORS®, opened applications for the 2022 U.S. REACH and REACH Commercial scale-up programs. SCV, the most active global venture fund in real estate technology, operates the award-winning...

Rate Locks Down in November, Refinance Mix Lowest Since June 2021

December 14th, 2021
Overall rate locks decreased 4.7% from October, primarily driven by a 9.4% dip in rate/term origination activity, according to the most recent Black Knight, Inc. Originations Market Monitor report, which analyzed mortgage origination data through November 2021. Key findings: Rate/term refinance lending has...

Home-Buying Competition Heating Up for the Holidays

December 17th, 2021
Bucking seasonal slow-down trends, home-buying competition is heating up as the year comes to a close. According to realtor.com®’s latest Weekly Market report for the week ending Dec. 11, the annual pace of home sales is up even as the...

FHFA Announces Fannie and Freddie 2020 Housing Goals Performance

December 21st, 2021
The Federal Housing Finance Agency (FHFA) announced the final determinations for enterprise performance on the 2020 housing goals. During 2020, Fannie Mae met all of the single-family and multifamily housing goals. Freddie Mac met the single-family purchase goals for low-income...

Pending Home Sales Retract in November

December 29th, 2021
Pending home sales contracted in November following a mid-season rebound in contract signings the prior month, according to the newest report from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales...

Thinking of Waiting Out the Housing Market? Non-Buyers Regret Sitting on Sidelines

January 4th, 2022
(TNS)—As home prices spiked during the pandemic, some people decided to put their home shopping on pause in the hopes that prices might drop, a decision they are coming to regret. Now, a year-and-a-half into record price growth and dwindling...

Rents Cheaper in Cities, Homeownership in Rural Regions

January 6th, 2022
Despite home prices that have continued to skyrocket and interest rates creeping up, owning a median-priced house remains more affordable than renting in a slim majority of U.S. counties, according to a new report from ATTOM Data Solutions—though in most...
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