61% of ADUs are built for multigenerational housing: survey

61% of ADUs are built for multigenerational housing: survey

One in five Americans now shares their homes with adult children, parents or grandparents. In the face of soaring housing costs nationwide, multigenerational living has gained traction as a path to make... Read more »
How Much Does a Realtor Make on a 100 000 Sale?

How Much Does a Realtor Make on a 100 000 Sale?

A realtor’s income depends on the commission rate they charge and the commission split they have with their brokerage. The commission rate is usually a percentage of the home’s sale price, and... Read more »
Mortgage applications sink to 1995 levels as rates soar

Mortgage applications sink to 1995 levels as rates soar

As the 30-year fixed mortgage rate increased for the sixth consecutive week to 7.70%, mortgage applications slumped, hitting their lowest level since 1995. Last Monday, in an attempt to calm the markets,... Read more »
Trusted Online Daily Earning Websites Without Investment 2023

Trusted Online Daily Earning Websites Without Investment 2023

Are you tired of living paycheck to paycheck? Do you dream of a life where you can make money on your own terms, from the comfort of your own home? Well, my... Read more »
Gordon: FHA is examining mortgage loan assumption rules, hoping for a new partial claim option

Gordon: FHA is examining mortgage loan assumption rules, hoping for a new partial claim option

The Federal Housing Administration (FHA) is working to offer a new partial claim option before the end of 2023, according to the federal housing commissioner at the U.S. Department of Housing and Urban Development (HUD), Julia... Read more »
California Housing Market Navigates Challenges Amid High Interest Rates, Reports C.A.R.

California Housing Market Navigates Challenges Amid High Interest Rates, Reports C.A.R.

California Association of Realtors (C.A.R.) recently published a comprehensive report providing insights into the current state of the California housing market amidst persistently high mortgage rates. The data paints a nuanced picture... Read more »
Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury

Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury

The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission lawsuit included plenty of insights into how the plaintiffs are approaching what is expected to be a... Read more »
San Jose Housing Market: Prices, Trends, Forecast 2023

San Jose Housing Market: Prices, Trends, Forecast 2023

Welcome to the San Jose Housing Market Report. In this report, we will delve into the key statistics and trends shaping the real estate landscape in San Jose, California. As one of... Read more »
BofA’s mortgage production declines 6% in Q3

BofA’s mortgage production declines 6% in Q3

Top-20 U.S. mortgage lender Bank of America (BofA) reported declining mortgage and home equity production in the third quarter of 2023, compared to the previous quarter. And more declines are yet to come if... Read more »
What You Need to Know

What You Need to Know

If you are a Canadian homeowner, borrower, saver, or investor, you might be wondering what the Bank of Canada (BoC) will do with its policy interest rate in October 2023. The BoC... Read more »