Real Estate Marketing & Beyond

Sales of secondary homes at risk of climate change increased in last two years

By Mike Wheatley | July 12, 2022

Real Estate Technology

Matterport buys VHT Studios, adding high-end photography to its listing marketing suite

By Mike Wheatley | July 11, 2022

Virtual tour software provider Matterport said this week it has acquired VHT Studios, a move that allows it to offer high-end photography alongside its virtual tours, drone imagery, floors plans and other marketing services. VHT Studios is a well-known provider of visual media services, thus it seems like a great fit for Matterport’s 3D Digital […]

Mortgage rates suddenly drop, and homes are now 5% more affordable

By Mike Wheatley | July 10, 2022

After weeks of steady gains, mortgage rates have fallen rapidly in the past week, meaning homes are suddenly much more affordable. The 30-year fixed-rate mortgage averaged 5.3% in the week ending July 7, according to the latest data provided by Freddie Mac. That represents a decline of 40 basis points in the past week. One […]

mortgage demands fall

Mortgage demand falls again, despite slight interest rate drop

By Mike Wheatley | July 8, 2022

Although mortgage rates fell for a second successive week, it wasn’t enough to prompt more demand from potential buyers. The Mortgage Bankers Association reported that mortgage rates fell 10 basis points last week and are now down 24 points over the past two weeks. However, demand for mortgages fell 5.4% last week. The MBA said […]

Home prices keep on growing, but a slowdown is on the horizon

By Mike Wheatley | July 6, 2022

Home price appreciation is finally showing signs of slowing down after accelerating massively over the last two years. A report from CoreLogic this week shows that home prices rose by 20.2% in May, compared with the same month last year. While that’s still pretty rapid growth, CoreLogic said an analysis of the data shows there […]

International, World Real Estate

Developers in China are accepting wheat, garlic, watermelon and other crops as down payment for new homes

By Mike Wheatley | July 5, 2022

Desperate home developers in China’s depressed real estate market have taken to accepting garlic and wheat, among other crops, as a down payment for rural homes. China’s real estate market is struggling, with analysts saying that property sales in the country have dropped by 25% this year as a result of the country’s zero-Covid strategy. […]

The right front door color could add more than $6K to the value of your home

By Mike Wheatley | July 3, 2022

A statement-making front door can boost a home's curb appeal and its value. New research from Zillow has found that homes with slate blue or black front doors appeal to more recent and prospective buyers and could sell for a higher price. Conversely, pale pink and cement gray front doors could negatively impact a home's […]

The tables turn as falling mortgage rates embolden buyers

By Mike Wheatley | July 3, 2022

Following a string of steady increases, mortgage rates finally fell last week, providing some relief to home shoppers worried about being priced out of the market. The average 30-year mortgage rate fell to 5.70% this week, down from 5.81% a week ago, housing finance giant Freddie Mac reported on Thursday. Rates are still way up […]

Sign up to Realty Biz Buzz

Get Digital Marketing Training
right to your inbox

All Contents © Copyright RealtyBizNews · All Rights Reserved. 2016-2024

Website Designed by Swaydesign.