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: News
News in the real estate industry and markets
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….
National Grid Scams
National Grid warns of scammers posing as company reps, using tactics like phone calls and emails to demand immediate payment for fake overdue bills or offer fraudulent discounts. Customers should….
Military Rental Scams
Being aware of rental scams is crucial when searching for a new place to live. Military personnel are at special risk because many are frequently relocated to completely new locations,….
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….
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