news aggregator
The incredible shrinking Global Britain - POLITICO Europe
The cream of the RESI crop | Insight - Property Week
Is this the start of a retail revival? - Property Week
Austin Man Sentenced for Hotel Investment Fraud Scheme - Department of Justice
Petersburg-area homes for sale rise to $190,000 median price - Progress Index
Go Brent Realty launches homeowner matchmaking database
Divorced Macklowes’ art collection rakes in $922 million - The Times of Israel
Mandarin Oriental to Open Second London Hotel This Winter - Luxury Travel Advisor
E-recording now an option for more than 9 in 10 Americans
Top-Producer Roundtable: Superstar Agents Discuss How They Win
After a year that resulted in historic highlights, the real estate industry is still as competitive as ever. As many of the sector’s top companies look to outdo last year’s performance, the path toward achieving those goals rests on the shoulders of their agents, who are undoubtedly aiming to do the same.
While there is no silver bullet for improving your performance as an agent, an old saying states, “success leaves breadcrumbs.”
Housing Starts Slowed in April
Construction of new homes decreased slightly in April for the second month in a row, according to new data released today from the U.S. Census Bureau and U.S Department of Housing and Urban Development (HUD).
The new data show housing starts decreased to a seasonally adjusted rate of 1.72 million, a 0.2% decrease from the previous month and up just under 14.6% YoY. Here are the numbers:
Mortgage Applications Plummet Again
The closely watched weekly data released by the Mortgage Bankers Association (MBA) on mortgage applications reported a precipitous drop after two weeks of gains, as spiraling rates, broader economic uncertainty and continued low inventory seem to be putting a longer-term damper on both refinancing and new mortgages.
Homebuyers May Find Less Competition Near City Centers for the First Time in Years
For the first time since the Great Recession, buyers may have an easier time buying a home in the city than in nearby suburbs this home shopping season, according to new data from Zillow® that shows homes in the suburbs recently have been appreciating faster than urban homes, indicating stronger demand and fiercer competition.
