Rising mortgage rates may be pressuring borrowers off the fence

Purchase loans were up 5 percent last week and applications by homeowners to refinance existing mortgages were up 0.4 percent week over week, according to the Mortgage Bankers Association. Continue reading

RE/MAX delivers record Q3 revenue amid RE/MAX Integra acquisition

The record quarter was largely driven by the company’s purchase in July of RE/MAX Integra, a $235 million deal that marked the largest franchise acquisition in the brokerage’s history. Continue reading

2021 on pace to tally biggest year in existing-homes sales since 2006

Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales are expected to exceed 6 million by the end of the year. Continue reading

Imagine a $28K fee for furniture. The reality for Berlin renters is ugly

Two months after passing a referendum to control rents, Berliners are battling extreme leasing fees, which include thousands of dollars upfront for furniture, appliances and kitchen cabinets. Continue reading

Home sales — and prices — expected to decline over next 2 years

For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter “mature state of the business cycle,” with the risk of another recession moving into focus. Continue reading

5-year study finds Bitcoin is a way better investment than real estate

A study published by Point2Homes.com revealed extensive return on investment comparisons between the most popular form of cryptocurrency and real estate. The results are staggering. Continue reading

3 agents per home: Is Daytona Beach the canary in the coal mine?

In September, approximately 2,200 agents licensed in the Florida beachside community of 70,000 were vying for just 674 listings. Is this the fate in store for the rest of the country? Continue reading

It takes LeBron James 16 hours of work to afford a home. Conor McGregor can buy 1 in half the time

Multimillion-dollar salaried athletes like Stephen Curry and Tiger Woods can save up enough money for the average-priced American home within a few hours, a new study shows. Continue reading

5 reasons to be optimistic about the 2022 housing market

At the National Association of Realtors’ national conference on Friday, NAR Chief Economist Lawrence Yun shared promising insights about 2022. Continue reading