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NAR: Existing-Home Sales Stall in August
Despite the drop in sales, NAR’s latest housing report also shows that price appreciation in the last two months has started to moderate from the unhealthier rate of growth seen earlier this year.
Bank Giant Is More Cautious Over FHA Loans
“FHA requirements are down to a 520 FICO [credit score] and you only have to put 3.5 percent down; that’s subprime lending, and we’re not in the subprime lending business,” Chase Mortgage’s CEO told CNBC.
Affordability Snapshot for the Top 100 Metros
A new study evaluates how much house a typical family in each of the nation’s top 100 metro areas can comfortably afford.
Bullish on Rentals, Big Landlords Merge
The single-family rental home business had long been dominated by mom-and-pop operators, but big investors have moved in.
Long & Foster Teams With Chinese Website
Long & Foster Real Estate has signed a partnership with China’s largest international real estate portal, Juwai.com, in the hopes of luring more home buyers from China to the Mid-Atlantic and Northeast regions of the U.S.
Real Estate Ads Target Instagram, Snapchat
Instagram and Snapchat recently began to integrate advertisements into their social platforms, opening up a new avenues for real estate companies to reach young buyers.
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