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Would-be homebuyers put off by higher mortgage rates

USA Real Estate News-Inman - Wed, 2024-10-16 16:53
Demand for purchase mortgages fell by a seasonally adjusted 7 percent last week, and requests to refinance were down 26 percent as mortgage rates continued to climb, MBA survey finds.

Fairway blasts federal regulators in $10M redlining settlement

USA Real Estate News-Inman - Wed, 2024-10-16 15:46
Nation's third biggest lender casts itself as a victim of politics, noting CFPB launched its investigation the day after Biden Administration took office.

Women in Real Estate: Unlocking Value With Niche Strategies

USA Real Estate News-RISMedia - Wed, 2024-10-16 14:19

Above, Sarah Galperin In the luxury real estate arena, where trust and exclusivity are paramount, Sarah Galperin of Compass Florida is reshaping the standards of success. With a background in fashion and photography, Galperin brings a creative edge to marketing properties, turning each listing into a sought-after masterpiece. Her secret? Building deep connections and offering…

The post Women in Real Estate: Unlocking Value With Niche Strategies appeared first on RISMedia.

Future of GSEs: How Fannie, Freddie Privatization Might Shake Out Under a Second Trump Term

USA Real Estate News-RISMedia - Wed, 2024-10-16 14:05

With the U.S. presidential election just weeks away, broader discussions about solving the nation’s housing affordability woes are taking center stage, much to the relief of many in the housing industry. If former president Donald Trump were to win a second term, privatizing Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs) that have been…

The post Future of GSEs: How Fannie, Freddie Privatization Might Shake Out Under a Second Trump Term appeared first on RISMedia.

Mortgage Applications Continue Decline

USA Real Estate News-RISMedia - Wed, 2024-10-16 12:23

With mortgage rates rising for the last three weeks, the Mortgage Bankers Association (MBA) is reporting another week of declining home purchase applications. According to the latest Weekly Applications Survey, mortgage applications decreased 17.0% from one week earlier for the week ending October 11, 2024.  “Mortgage rates moved higher for the third consecutive week, with…

The post Mortgage Applications Continue Decline appeared first on RISMedia.

Startup Palazzo Seeing Success Expanding Its Virtual Staging Offering to Brokers

USA Real Estate News-RISMedia - Wed, 2024-10-16 12:21

Staged listing photos have been an effective—and expensive—tool meant to pique the interest of inquiring home seekers. But given the ever-growing landscape of artificial intelligence (AI) in real estate, that hurdle could soon be a thing of the past.  At least, that is where things are headed for Palazzo, an AI-driven interior design platform that…

The post Startup Palazzo Seeing Success Expanding Its Virtual Staging Offering to Brokers appeared first on RISMedia.

Clear Cooperation: When fiduciary duties clash with personal ethics

USA Real Estate News-Inman - Wed, 2024-10-16 12:19
Former Phoenix Realtors President Butch Leiber writes that industry policy must be grounded in promoting and protecting the best interests of clients.

$195M Bel-Air megamansion returns to the market

USA Real Estate News-Inman - Wed, 2024-10-16 12:19
Built in 1937 by famed architect James E. Dolman, Casa Encantada is considered one of the most iconic estates in Los Angeles and possibly the entire country, according to the property's listing.
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