Luxury Condo Buyers Take Digital Home Tours

New condo buyers enter a big room, put on a headset and explore empty space in “meta reality,” seeing not-yet-built condos as if they’re on an actual physical tour.
Read MoreReal Estate Swindles Require New Vigilance

Attempted scams are often identified only because something seems wrong, but that could change if artificial intelligence (AI) makes future scams undetectable.
Read MoreGAO Suggests Housing Trust Funds Changes

How well does HUD oversee the nation’s Housing Trust Funds, which flow to states for affordable housing? The Fed’s oversight group suggests five changes.
Read MoreRE Q&A: What to Do About a Blocked Condo View?

Once upon a time, a condo had a dynamic golf course view, but a developer bought it and the view now is two overgrown trees. Are there options?
Read More2 of Every 25 U.S. Homes Worth at Least $1M

While $1M signified luxury property a short while ago, it’s now 8% of the nation’s housing stock – but a large percentage of those homes are still in Pacific Coast states.
Read MoreCoalition to FHFA: Rent Control Won’t Work

An 18-association group that includes NAR sent a letter to federal housing regulators, saying that rent control makes affordable housing issues worse – not better.
Read MoreNext Commercial Challenge? Multifamily Loans

Investors bid up prices for multifamily properties during the pandemic, and that debt will soon cost even more after higher interest rates affect loan rates.
Read MoreRE Listing Strategies that Attract Top-Dollar Offers

Start with local research. What words to buyers use most often when searching for a home? What words are within listings that see the most clicks?
Read MoreAttom: Foreclosure Starts Fell 9% in July

The number of completed foreclosures rose 4% month-to-month, but Attom says the “housing market remains in flux” – they could go back up or keep dropping.
Read MoreLooking for a Search Engine Optimization Expert?

If 9 out of 10 buyers start by typing “How do I buy a home?” into a search engine, it’s worth spending money to make sure your agency’s name is near the top.
Read MoreFeds Take Aim at Flood Insurance Lawsuit

Nine states, including Fla., have challenged flood insurance Risk Rating 2.0 in court. This week, the U.S. urged a judge to deny their preliminary injunction request.
Read MoreFREC Considers ‘Multiple Brokers Licenses’ Requirements

The Florida Real Estate Commission took the first steps to create a new rule by offering preliminary, rough-draft language and opening the rule for development.
Read MoreNAR 2Q Report: Price Gains in 60% of Metro Areas

Overall, though, U.S. home prices dropped 2.4% year-to-year because total declines outweighed increases. Still, 5% of markets saw double-digit price increases.
Read MoreMortgage Rates Tick Higher: 30-Year at 6.90%

The average rate on a 30-year, fixed-rate mortgage rose for the third week in a row, up from last week’s average 6.81%. A year ago, it was 4.99%.
Read MoreMortgage Rates Tick Higher: 30-Year at 6.96%

The average rate on a 30-year, fixed-rate mortgage rose for the third week in a row, up from last week’s average 6.90%. A year ago, it was 5.22%.
Read MoreFour Tips for Creating a Healthy Agency Culture

Start with core values – but importantly, write them down to create a clear guide for the agency’s direction. It also helps keep everyone onboard if you make them short.
Read MoreTwo Central Fla. Cities Best for Hybrid Workers

A study that looked at the number of hybrid jobs, broadband, housing, and more listed Tampa (No. 3) and Orlando (No. 15) as top cities for worker flexibility.
Read MoreHUD and VA Say ‘Boot Camps’ Will Help Vets

A series of workshops – called Boot Camps – will help public agencies and VA medical centers help homeless veterans more quickly move to permanent housing.
Read MoreMore New Homes? Builders Face Big Labor Shortage

New construction could help create the 4.3M homes the U.S. needs, but there aren’t enough people to build them. It’s a lingering aftermath of the Great Recession.
Read MoreLess than 1 of 5 Americans Say ‘Good Time to Buy’

82% of consumers said it’s a “bad time to buy” a home in Fannie Mae’s July survey – an all-time low. And those saying “good time to buy” dropped from 22% to 18%.
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