The Federal Reserve announced today that it would increase the federal funds rate by 0.25%, its first increase in more than three years, with more hikes projected for the remainder of the year.
Real estate technology platform MoxiWorks recently announced the acquisition of ActivePipe, a lead nurturing platform for real estate professionals.
Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.
Construction of a Miami mansion will coincide with the creation of its identical counterpart in the virtual world to form a first-of-its-kind “MetaReal” mansion, according to a press release.
Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans.
Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to expire.
The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report.
The National Association of REALTORS® applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.
The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.
As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release.