Real Estate Blog

Luxury Home Prices Finally Getting Too High?

A sign advertising an open house. The tables have turned in the real estate industry as luxury listing prices fell for the first time since 2012, according to a Redfin report. The brokerage firm suggests that the drop in prices stems from wealthy buyers and foreign investors refusing to buy at the top of the market. Prices...

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CFPB to Relax TRID Enforcement Actions

Answers questions on cure provisions for violations of the rule After a recent letter to the Consumer Financial Protection Bureau, the Mortgage Bankers Association released a response from CFPB Director Richard Cordray that should bring some much-needed clarity to the industry on the current expectations for lenders in implementing the new TILA-RESPA Integrated Disclosure rule —...

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Landlords Face Slowing Price Gains After U.S. Records Shattered

For commercial real estate investors, the good times may be over. The Federal Reserve’s first interest-rate increase in nine years has removed a crutch that’s helped sustain 33 consecutive months of price growth of at least 10 percent and padded returns for buildings from office towers to luxury hotels. While values won’t necessarily fall, they aren’t likely...

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Home Prices in 40% of Areas are Back to Peak

American homeowners are finally digging out of the financial crater formed by the mid-2000's real estate crash. Single-family house prices in nearly 40% of 401 metro areas were at or above their pre-recession peak in the third quarter, according to an analysis of CoreLogic Case-Shiller home-price data by Moody's Analytics. That's up from 30% of metro areas...

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