The U.S. housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets. Read more here:: https://www.inman.com/2022/07/19/the-10-most-stable-housing-markets-in-the-united-states-ranked/
New residential construction dipped in June, with building permits, housing starts and housing completions ticking down modestly, according to U.S. Census Bureau data released Tuesday. Read more here:: https://www.inman.com/2022/07/19/multifamily-sector-lone-bright-spot-as-permits-starts-completions-fall/
Builder sentiment dropped at the second-fastest pace of the last two decades as some home construction companies have begun to cut costs. Read more here:: https://www.inman.com/2022/07/19/as-buyers-balk-some-homebuilders-dread-the-months-to-come/
30-year loans of up to $5 million provided by Florida-based Milo Credit LLC allow investors to avoid capital gains taxes — and don’t require down payments, credit scores or U.S. citizenship. Read more here:: https://www.inman.com/2022/07/19/crypto-mortgage-lets-homebuyers-leverage-bitcoin-as-collateral/
Suzi Padgett was announced as the brand’s new Maryland sales manager, bringing decades of experience in the DMV area. Read more here:: https://www.inman.com/2022/07/19/compass-names-former-long-foster-official-as-sales-manager/
A shifting market differentiates those who’ve developed professionally and those who are just pretending. Jimmy Burgess provides the reality check that you need right now. Read more here:: https://www.inman.com/2022/07/17/5-truths-every-agent-should-know-about-shifting-markets/
Rising interest rates and a shrinking branch network are cutting into Wells Fargo’s mortgage business, and bank executives say they’re fine with that. Read more here:: https://www.inman.com/2022/07/15/credit-card-revenues-surpass-mortgages-at-wells-fargo-in-q2/
Longer loans, including a 50-year concept recently floated in the U.K., are sometimes framed as a way to improve housing affordability. But the experts aren’t convinced. Read more here:: https://www.inman.com/2022/07/15/why-super-long-mortgages-wont-be-a-thing-and-why-thats-good-news/
This week, Byron Lazine and Nicole White discuss buyer cancellations, outrageous moving costs and the Marketeer. Read more here:: https://www.inman.com/2022/07/15/why-did-60k-homebuyers-cancel-in-june-the-real-word/
The fast-paced cycle of the typical US home sale has begun to slow, paving the way for a recovery of the nation’s depleted home inventory. Read more here:: https://www.inman.com/2022/07/15/the-long-awaited-recovery-in-home-inventory-is-gaining-steam/
