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 »
Housing construction picked up in September, but developers are getting anxious

Housing construction picked up in September, but developers are getting anxious

Housing starts climbed to a seasonally adjusted annual rate of 1,358,000 in September, according to U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s a 7% gain from... Read more »
NAR Celebrates 2023 Good Neighbor Awards Finalists for Community Dedication

NAR Celebrates 2023 Good Neighbor Awards Finalists for Community Dedication

WASHINGTON, D.C.—The National Association of Realtors today announced the 10 finalists for its 2023 Good Neighbor Awards, which honor NAR members who make an extraordinary difference in their communities through volunteer work. Now... Read more »
How One Agent Found Song Parody Fame in ‘Low Places’

How One Agent Found Song Parody Fame in ‘Low Places’

Real estate professionals can be ingenious when it comes to personal marketing. A few brave souls are even making their own music videos as a way to get their name out, while... Read more »
When Will Real Estate Crash Again?

When Will Real Estate Crash Again?

The US housing market is facing a number of challenges in 2023, including rising interest rates, inflation, and a potential recession. These factors could lead to a slowdown in home price growth... Read more »