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A case of vacant homes versus Airbnb

A new report from Capital Economics raises a case against Airbnb: vacancies. While foreclosures decreased since 2010, the same can’t be said for vacancies that are off the market. It seems that Airbnb may have a hand in that, here’s…

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Consumer sentiment sees uptick in September

Consumers sentiment increased in September after preliminary results showed it to be flat from August. Most of the increase was centered on one part of the survey. Survey of Consumers’ chief economist explains the reason for the increase. Source:…

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CoreLogic: REOs hit lowest point since 2007

CoreLogic’s latest report shows that REOs hit their lowest point since September 2007. In fact, all distressed sales continue to decline. At this rate, distressed sales are on course to hit pre-crisis levels by mid-2019. Source: 1

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Lenders work to overcome Detroit's appraisal gap roadblock

After the financial, the Detroit housing market had a long uphill climb to get back to a healthy, sustainable market, an achievement the city is still currently trying to reach. However, lenders in the city are working to originate mortgages…

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Window to the Law: DOL Overtime Rules

Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily e-News.…

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Low down payment mortgages can compete in today's market

Despite the growing prominence of low down payment mortgages, first-time homebuyers believe they need to put 20% down to compete in today’s market. The market is changing though, and a new survey of real estate agents shows that low down…

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