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‘Been There, Done That, Bought the T-Shirt’: RE/MAX Co-Founder Reflects on Past Lessons That Can Lead to Future Successes

USA Real Estate News-RISMedia - Tue, 2022-11-29 15:03

Above, RE/MAX Holdings Co-Founder and Chairman Dave Liniger, right, and RISMedia President and CEO John Featherston, discuss the state of the real estate market at RISMedia’s CEO & Leadership Exchange in Washington, D.C. in September. Photo credit: Eric Torrens erictorrens.com Shifting market conditions have sent ripples throughout the real estate industry, leaving many wondering what…

The post ‘Been There, Done That, Bought the T-Shirt’: RE/MAX Co-Founder Reflects on Past Lessons That Can Lead to Future Successes appeared first on RISMedia.

Home Prices Hold, With Long Road Ahead

USA Real Estate News-RISMedia - Tue, 2022-11-29 15:02

Home prices fell again in September, according to the latest reading from the S&P Case-Shiller Index, down a modest 0.8% from August, as inventory shortages and a strong job market have seemingly prevented an all-out rout in home values. With prices still up 10.6% from last year, a swift and volatile rise in mortgage rates…

The post Home Prices Hold, With Long Road Ahead appeared first on RISMedia.

New Home Sales Bounce Unexpectedly, Offering Hope for 2023

USA Real Estate News-RISMedia - Tue, 2022-11-29 15:01

New home sales defied expectations in October, according to the latest data from the Census Bureau, jumping 7.5% from September to a seasonally adjusted rate of 632,000, as an overall lethargic housing market continues to show signs of life. “Although homebuilder confidence has fallen to a decade low, there are still bright signs in the…

The post New Home Sales Bounce Unexpectedly, Offering Hope for 2023 appeared first on RISMedia.

Multifamily Development Is Driving Self-Storage Markets to New Heights

USA Real Estate News-RISMedia - Tue, 2022-11-29 15:00

Self-storage space swelled in all 100 US metros where apartment inventories expanded, according to a new study from RentCafe. In an analysis of the country’s top 100 metro areas, RentCafe identified where self-storage has significantly grown, supported by the growing apartment markets. The study found that roughly 350M square feet of storage space and 3.1M…

The post Multifamily Development Is Driving Self-Storage Markets to New Heights appeared first on RISMedia.

Fannie and Freddie get green light to buy $1M mortgages

USA Real Estate News-Inman - Tue, 2022-11-29 14:34
The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country.

It now costs $888 more to buy a home than to rent one: Report

USA Real Estate News-Inman - Tue, 2022-11-29 13:24
The gap between buying a home and renting one has widened since 2020, "The Wall Street Journal" reports. It now costs $3,058 a month to buy an entry-level home.
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