Meta in Vancouver?; Home sales drop yet again; How to increase housing inventory
Meta in Vancouver?; Home sales drop yet again; How to increase housing inventory
It was a busy week, yet again, on the real estate beat. Here are some notable stories you might have missed.
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All states and metro areas saw mortgage delinquency rates decline year over year.
All states and metro areas saw mortgage delinquency rates decline year over year.
CNBC's Diana Olick joins 'The Exchange' to report on the housing market and mortgage rates.
CNBC's Diana Olick joins 'The Exchange' to report on the housing market and mortgage rates.
Meta Platformโs Mark Zuckerberg envisions sales of virtual goods and services within its video game as the metaverse expands.
The post Meta to Pilot Virtual Sales in the Metaverse appeared first on SoFi.
Meta Platformโs Mark Zuckerberg envisions sales of virtual goods and services within its video game as the metaverse expands.
The post Meta to Pilot Virtual Sales in the Metaverse appeared first on SoFi.
The National Association of Realtors is reporting that pending home sales were down 1.2% in March, 2022.ย The NARโs Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 103.7. โThe falling contract signings are implying that multiple offers will soon dissipate and be replaced by much calmer and normalized market conditionsโฆAs [...]
The post Pending Home Sales Drop 1.2% in March appeared first on Real Estate Investing Today.
The National Association of Realtors is reporting that pending home sales were down 1.2% in March, 2022.ย The NARโs Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 103.7. โThe falling contract signings are implying that multiple offers will soon dissipate and be replaced by much calmer and normalized market conditionsโฆAs [...]
The post Pending Home Sales Drop 1.2% in March appeared first on Real Estate Investing Today.
Sales also dropped 12.6% for single-family homes and 17.3% for condos compared to June.
Sales also dropped 12.6% for single-family homes and 17.3% for condos compared to June.
CNBC's Diana Olick reports on a major shift in home sale trends.
CNBC's Diana Olick reports on a major shift in home sale trends.
Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates.
Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates.
New home sale prices continue to show increases
New home sale prices continue to show increases
The number of homes sold in September fell by nearly 40% as transaction levels returned to normal following the big spike caused by the Covid stamp duty holiday, with experts suggesting the real โhouse sales horror storyโ is still to come.Across the UK, 103,930 transactions were recorded in September, which was 37% lower than the same month in 2021, but roughly the same amount as in August, HM Revenue and Customs (HMRC) figures show.The report said the number of completed deals has been stab...
The number of homes sold in September fell by nearly 40% as transaction levels returned to normal following the big spike caused by the Covid stamp duty holiday, with experts suggesting the real โhouse sales horror storyโ is still to come.Across the UK, 103,930 transactions were recorded in September, which was 37% lower than the same month in 2021, but roughly the same amount as in August, HM Revenue and Customs (HMRC) figures show.The report said the number of completed deals has been stab...
Real estate investors may remember the Biden administrationโs proposal to put a cap on 1031 exchanges last year, but the proposal never made it very far. Commercial real estate lobbyists descended on Washington, D.C., convincing congressmen and women against the move. It may come as a surprise then that the Biden administration has announced the same exact proposal again for its Fiscal Year 2023 budget. โTen thirty ones,โ also known as like-kind exchanges, are easy targets for politicians,...
Real estate investors may remember the Biden administrationโs proposal to put a cap on 1031 exchanges last year, but the proposal never made it very far. Commercial real estate lobbyists descended on Washington, D.C., convincing congressmen and women against the move. It may come as a surprise then that the Biden administration has announced the same exact proposal again for its Fiscal Year 2023 budget. โTen thirty ones,โ also known as like-kind exchanges, are easy targets for politicians,...