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U.S. to continue investigating money laundering by foreign real estate buyers
The federal government will continue investigating whether foreign buyers are using high-end U.S. real estate to launder money after an expanded investigation found that potentially illicit activity is behind as many as one in three cash purchases from foreign buyers in select markets.
Independent voters growing more optimistic about economy
The divide between Republicans and Democrats is growing wider as Republicans’ optimism hits new highs and Democrats’ pessimism hits new lows. Independents, however, are growing more optimistic about the future and present state of the economy.
Rising Stars entry deadline extended!
A favorite saying of ours is “deadlines spur action,” and in the case of our Rising Stars awards program, it’s proving true. Quite a few of you are waiting until the last minute to get your nominations in. We’ve heard from quite a few folks that are feeling the pressure of that impending deadline, and we feel you. We get it. And we’re not monsters around here. We’re here to help.
New home sales are up, but pace disappoints
New home sales increased in December, but industry experts are not impressed. Given the unusually high temperatures throughout the winter and the high demand for housing, experts expected new home sales to come out with much stronger numbers.
Here’s how first-time homebuyers in U.S. stack up to their Canadian neighbors
First-time homebuyers in Canada and the U.S. both seem to be putting off buying a home amid rising home prices. However, the similarity between the two countries ends once these first-time buyers decide to make their purchase. While homebuyers in the U.S. are increasingly looking to lower down-payment options, down payment amounts in Canada reached an all-time high.
Embrace Home Loans expands into Texas
Recent reports from the Texas Association of Realtors and Fitch Ratings call out how hot Texas real estate right now, as more homes were sold last year than ever before. Seeking to strike while the iron is hot, Embrace Home Loans announced this week that it is expanding into Texas and opening its first office in the state.
This is how much you need to buy a home in these top 10 cities
Home prices are on the rise in cities across the U.S., and hit new highs in many cities throughout 2016. New data from SmartAsset shows exactly how much income is needed in the top 10 U.S. cities to afford a home.
Fitch: Is there a housing bubble in these hot, hot markets?
Housing in the state of Texas was hotter in 2016 than it’s ever been before, but is real estate in the Lone Star state getting too hot? A new report from Fitch Ratings suggests that Texas is one of a few states where home prices are not only unsustainable, they’re overheating.
Game-changing real estate technology makes its way to Dallas
Remine announced its new partnership with the North Texas Real Estate Information Systems, which will bring game-changing technology to more than 30,000 Dallas-area Realtors. Remine will allow Realtors to identify and market to would-be homebuyers at a time when real estate in Texas is hotter than ever.
JPMorgan pumps $1.2 million into Detroit to revitalize housing
Thanks to companies like JPMorgan Chase donating millions of dollars to Detroit to help it recover, it's made steady progress since the financial crisis. But, since it fell so low after the crash, there remains a long way to go. Here's the latest positive news for the Motor City.