Mortgage Forbearance Rates Up: Natural Disasters
The Mortgage Bankers Association (MBA) reported an increase in mortgage forbearance rates to 0.27% as of July 31, 2024, from 0.23% the previous month, primarily due to recent natural disasters…..
Category: Real Estate
Pull-Forward Effect in Residential Real Estate
There’s a phenomenon commonly referred to as the “pull-forward” effect, in residential real estate. In recent times we witnessed it all-over partially causing home values to rise at an extraordinary….
Climate Change and Insurance Costs
Climate change is causing insurance premiums to rise, as insurers face increasing costs from natural disasters. Many homeowners are underinsured, and state-backed insurers of last resort are struggling to keep….
Residential Real Estate Cash Buyers
Residential Real Estate Investor Cash Purchases plummeted to a mere 64% in Q1 of 2024, a stark contrast to the cash-flashing frenzy of late 2021 when 69.7% of investors whipped….
Can Buyer Agreements be required in Colorado?
In a recent letter to the Colorado Association of Realtors CEO Tyrone Adams, Marcia Waters, director of the real estate division within the Colorado Department of Regulatory Agencies, expressed concerns….
Consumer Confusion and Misrepresentation: NAR Settlement and CO Real Estate Practices
In the wake of the National Association of Realtors (NAR) settlement, there has been a growing concern among consumers regarding the changes in real estate practices, particularly in Colorado. Complaints….
Residential Real Estate Investors from China and the UK: Florida and Texas appeal
Chinese and British buyers have shown a strong interest in real estate in Florida and Texas. The home price affordability, steady cash flow, and growth potential of these states make….
Highest value against US dollar in a year for British Pound
The pound sterling reached its highest level against the US dollar in a year as investors bet on UK interest rates staying higher for longer. Inflation was proving more stubborn….
Foreign Real Estate Investors in the US
Sales of U.S. homes to foreign buyers have hit a 14-year low, with 54,300 homes sold to non-U.S. citizens in the 12 months ending in March 2024, down 36% from….
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