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U.S. Treasury Department Issues Proposed Rule Expanding CFIUS Coverage of Real Estate Transactions Near Military Installations  JD Supra

Motto Mortgage—RE/MAX’s mortgage franchise—has opened a new office in Nashua, New Hampshire, serving all markets throughout the state.  Motto Mortgage Sail Home is now open, marking the first ever franchise office location in the state for the Motto Mortgage brand. The company stated that the new office will provide homebuyers and refinancers competitive rates and…

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Housing affordability will remain an issue at the forefront of the upcoming presidential election, where swing states will determine the next president and the future of housing costs.

Israeli investors' dreams shattered by US real estate failures  Ynetnews

Single-family housing starts dropped in June as a result of raised interest rates for mortgages and construction and development loans, despite overall housing starts jumping 3% to a seasonally adjusted rate of 1.35 million units, according to new data provided by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.…

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As the real estate industry braces for new rules that remove all offers of agent compensation from for-sale listings, mortgage lenders are weighing their options on how to best help cash-strapped buyers who will ultimately be responsible for paying their agent’s commission. Beginning Aug. 17, the National Association of REALTORS® (NAR) will prohibit all offers…

The post Financing Agent Commissions Doesn’t Pencil Out for Buyers, Mortgage Experts Say appeared first on RISMedia.

If You Love to Garden, This £875K London Home Is Ready to Turn Over a New Leaf  Dwell

Mortgage applications rose this week as mortgage rates saw a decrease, increasing 3.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 12, 2024. This week’s data: The Market Composite Index, a measure of mortgage loan application volume, increased 3.9% on a seasonally…

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Leading during times of change is undoubtedly challenging, new Inman contributor Justin Bailey writes, but it also presents an opportunity to propel education, build stronger teams and enhance relationships.

Foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024, retreating 21.2% from the prior 12-month period, according to a new report from the National Association of REALTORS® (NAR). International buyers purchased 54,300 properties, down 36% from the previous year—the fewest number of homes bought since 2009 when NAR…

The post Foreign Investment in U.S. Homes Down 21% in Recent 12-Month Span appeared first on RISMedia.

High mortgage rates, slowing homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains.

The MOB gathered in Dallas recently at Coldwell Banker Apex for one of the group’s twice-yearly meetings.   One of the unique hallmarks of the residential real estate business is its widespread commitment to collaboration for the greater good, from the listings shared among brokerage firms to the strategies exchanged among friendly competitors.  When it comes…

The post The Transformative Power of Trust appeared first on RISMedia.

NAR: Strong U.S. dollar key to drop in foreign residential real estate investment  Central Penn Business Journal

Foreign Home Buyers Recede from U.S. Market as Prices Soar  National Association of REALTORS®

Steady Rise In House Prices Points To Growth In Confidence – ONS  Forbes

NAR: Strong U.S. dollar key to drop in foreign residential real estate investment  Lehigh Valley Business

 While the homebuying journey may have ended happily for you and a new client, your work is not over. Keeping in touch with past clients for future endeavors is a crucial way agents maintain contacts that lead to new sales and referrals. One of the best ways to do that is to continue to…

The post 4 Money-Saving Maintenance Projects to Suggest to New Homeowners appeared first on RISMedia.

U.S. Mortgage Rates Tick Down in Mid- July  The World Property Journal

Do Selling Sunset’s Stars Actually Sell Homes — And How Much Do They Make?  Us Weekly

High housing costs are one of the greatest burdens facing Americans today—and President Joe Biden and his administration have announced a new plan to deal with rising costs that are keeping prospective buyers from achieving the American Dream of homeownership. The proposal, first reported by the Washington Post, would institute a nationwide rule designed to…

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