Homebuilders Oppose GOP Plan to Reduce Mortgage Interest Deductions
GOP lawmakers are proposing a 50 percent reduction in the amount mortgage interest deductions that homeowners can claim on their tax returns, according to the […]
Residential Real Estate
New Startup Helps with Down Payments in Exchange for Airbnb Income
A Seattle-based startup called Loftium is proposing to help homebuyers with up to $50,000 in downpayment on a home, according to an article in City Lab. In […]
A Tight Housing Inventory is Chocking Off Home Sales
The National Association of Realtors said existing-home sales fell 1.7% to a seasonally adjusted rate of 5.35 million, the worst level in 12 months. Total housing inventory at […]
The Uneven Housing Recovery
July’s housing prices reached new records in half of the largest U.S. metro areas, according to Zillow’s most recent Real Estate Market Report. The report also […]
The Feds Crackdown on Suspicious Real Estate Activity
In an effort to crackdown on the use of luxury real estate purchases to conceal money laundering and other corrupt activities, the federal government is […]
New Jersey Leads States with Foreclosure Rates
Despite a buoyant real estate market over the past 5-years and a drastic reduction in the number of distressed properties, foreclosures can still be found […]
Facebook Joins the Real Estate Fray
Social media giant Facebook has launched a new advertising feature dubbed Dynamic Ads for Real Estate, according to an article on investment website Investopedia. The […]
The Most Profitable Markets to Sell a Home
The average home seller in the US in Q2 2017 realized a 26% gain over their previous purchase price of the home, the highest average […]
Mortgage Rates Resume Drop
According to Freddie Mac’s latest Primary Mortgage Market Survey, the average U.S. mortgage rate dropped for the second consecutive week as of July 27, 2017: […]
Strong Demand & Tight Supply Drive U.S. Home Prices to Historical Highs
For the first time ever, the national median home price has reached $200,000, a 7.5% increase from June 2016, according to a Real Estate Market […]