Tag Archives: Markets & Economy

Lennar accused of manipulating borrower data in new lawsuit

By | | Uncategorized
Comments Off on Lennar accused of manipulating borrower data in new lawsuit

The largest homebuilder in the country has been hit with a lawsuit accusing it of providing loans to unqualified borrowers. Continue reading →

Governments mull bans on voucher discrimination

By | | Uncategorized
Comments Off on Governments mull bans on voucher discrimination

As housing affordability continues to decrease nationwide, an effort is underway at the local and federal level to prevent landlords from discriminating against those who pay for housing using government subsidies, such as Section 8 vouchers. Continue reading →

Government shutdown ‘causing tangible harm’ to real estate: NAR

By | | Uncategorized
Comments Off on Government shutdown ‘causing tangible harm’ to real estate: NAR

The ongoing government shutdown, 19 days and counting, is taking a toll on home sales, according to a new survey from the National Association of Realtors. Continue reading →

Unpaid government workers owe $438M in mortgage and rent this month

By | | Uncategorized
Comments Off on Unpaid government workers owe $438M in mortgage and rent this month

Federal workers either not being paid or currently furloughed as a result of the government shutdown are estimated to owe approximately $438 million in mortgage and rent payments this month. Continue reading →

US adds more than 8,000 real estate jobs in December

By | | Uncategorized
Comments Off on US adds more than 8,000 real estate jobs in December

The United States added 312,000 jobs in December, including 8,100 in the real estate and rental leasing sector, according to the latest jobs report from the U.S. Department of Labor’s Bureau of Labor Statistics.  Continue reading →

6 things to say to clients worried about stock market volatility

By | | Uncategorized
Comments Off on 6 things to say to clients worried about stock market volatility

With no end in sight to market volatility, managing client jitteriness is likely to be one of Realtors’ primary responsibilities in the coming months. Continue reading →

10 housing markets poised for explosive growth in 2019

By | | Uncategorized
Comments Off on 10 housing markets poised for explosive growth in 2019

The thread that ties these metros together is affordability — something that buyers have struggled to find over the past few years as supply has failed to meet demand. Continue reading →

Manhattan median condo price falls below $1M for first time in years

By | | Uncategorized
Comments Off on Manhattan median condo price falls below $1M for first time in years

It’s the first time the median numbers in Manhattan have fallen below $1 million in three years, according to Douglas Elliman’s fourth-quarter market report for Manhattan. The median condo or co-op sold for $999,000, 10.6 percent lower than last quarte… Continue reading →