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Mortgage Mix: Fed Cuts Deep; FDIC Ramps Up Scrutiny of Bank Mergers

USA Real Estate News-RISMedia - Fri, 2024-09-20 11:19

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -The Federal Reserve this week kicked off a long expected campaign of rate cuts with a larger than expected 50 basis point reduction in the federal funds rate. Fed Chair Jerome Powell called the decision…

The post Mortgage Mix: Fed Cuts Deep; FDIC Ramps Up Scrutiny of Bank Mergers appeared first on RISMedia.

Leading agents at Carolwood form The Advisory team

USA Real Estate News-Inman - Fri, 2024-09-20 11:17
Carolwood's managing broker Nick Segal, alongside agents Shaun Alan-Lee and Jane Dorian, recently founded the white-glove service team, which operates in markets in Southern California and New York City.

Truths, frustrations, rate cuts: Inman’s Top 5 stories of the week

USA Real Estate News-Inman - Fri, 2024-09-20 11:00
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Inman Power Wheels: Final 4 best agent autos near the finish line

USA Real Estate News-Inman - Fri, 2024-09-20 10:54
Inman's Power Wheels bracket contest is down to the four best real estate agent automobiles, as determined by your votes.

How Did We Get Here? Report Details History of Supply and Affordability Challenges, Showcases Solutions

USA Real Estate News-RISMedia - Fri, 2024-09-20 10:49

A lack of building coupled with rising prices and interest rates that are falling at a tapered pace are the main drivers of the persisting housing affordability crisis, according to researcher Daniel T. McCue, who carried out the analysis for a recent Harvard University study. When new units were built, which was infrequently, they tended…

The post How Did We Get Here? Report Details History of Supply and Affordability Challenges, Showcases Solutions appeared first on RISMedia.

Numbers you should know with Windermere Economist Jeff Tucker

USA Real Estate News-Inman - Fri, 2024-09-20 10:49
In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The Fed's latest rate cut.

Foreign Investment in U.S. Homes Decreased 21.2%

USA Real Estate News-RISMedia - Fri, 2024-09-20 09:43

NAR’s 2024 International Transactions in U.S. Residential Real Estate report surveyed members on their transactions with international clients who purchased and sold U.S. residential property from April 2023 through March 2024. Foreign buyers who resided in the U.S. as recent immigrants or were holding visas that allowed them to live in the U.S. purchased $22.6…

The post Foreign Investment in U.S. Homes Decreased 21.2% appeared first on RISMedia.

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