Sun.Dec 04, 2022

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About one in 12 mortgaged homes purchased in 2022 are underwater

Housing Wire

Home price corrections exposed a growing pocket of equity risk concentrated among purchase mortgages originated in 2022, Black Knight said in its latest mortgage monitor report. Of all homes purchased with a mortgage in 2022, 8% are now at least marginally underwater. Of the 450,000 underwater borrowers at the end of the third quarter, nearly 60% of the mortgages originated in the first nine months of 2022, according to Black Knight.

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Top 10 Brooklyn Real Estate Listings: A Prospect Park South Standalone, a PLG Brownstone

Brownstoner

The most popular listings on Brownstoner this week include a co-op in Brooklyn Heights, a semi-detached in Flatbush and a row house in Clinton Hill. Park Slope was popular this week with other listings scattered from West Midwood to Brooklyn Heights. The least expensive on the list is a Brooklyn Heights… Read More > The post Top 10 Brooklyn Real Estate Listings: A Prospect Park South Standalone, a PLG Brownstone appeared first on Brownstoner.

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This Week’s Top Stories: Canada’s Real Estate Bubble Is Popping As Global Recession Looms

Better Dwelling

Time for your cheat sheet on this week’s top stories. Canadian Real Estate The Canadian Real Estate Bubble Is Popping As Mortgage Rates Throttle Credit Canadian real estate prices got a boost from low rates, now the opposite is happening. A typical home fell to $735,000 in October, down 15.3% from the peak, wiping out […]. The post This Week’s Top Stories: Canada’s Real Estate Bubble Is Popping As Global Recession Looms appeared first on Better Dwelling.

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Year-End Tax Tips and How to Owe Even Less in 2023

Bigger Pockets

If you talk about how to avoid taxes, most people will think you’re doing something fishy in the eyes of the IRS. Very few know you can use the tax […].

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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12 Step Home Loan Guide To Buying a Home In Seattle

Mandrona Group

Many families feel overwhelmed because of the amount of paperwork they must complete. Knowing what to expect, especially if you’re. Read More.

Loans 61
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The iBuyer Massacre and Why Most Will Never Survive

Bigger Pockets

Zillow, Opendoor, and other iBuyers made quite a name for themselves over the past two years. By buying up every house on the block, iBuyers quickly became the “no work, […].