Home sales are positive but higher rates slowing demand

Mortgage rates hit a yearly high last week and even though housing demand is still positive year over year, it is slowing down, just not in a big way yet. Typically, in the past few years, when mortgage rates get above 6.64% and then break over 7%, housing demand slows. Housing data always improves
Read MoreColdwell Banker Warburg folds into Compass in New York

Coldwell Banker Warburg is folding into Compass. Both Compass and the Coldwell Banker brand are owned by Compass International Holdings. The former New York-based Coldwell Banker franchise will now operate as Warburg at Compass, according to a Compass spokesperson. “We’re excited that Warburg’s a
Read MoreDon’t fall for a fake foreclosure crisis

Recently, the foreclosure data showed a 21% year-over-year gain, and the floodgates of doom porn were flung wide open, with people marketing an impending home-price crash because they say so many Americans are struggling and it’s about to get worse. The hucksters of America are back at it again, and
Read MoreDeed theft remains a growing threat for seniors, Black homeowners

For generations, real estate has been the primary vehicle for building intergenerational wealth in America. But for older adults and Black homeowners, that vehicle has also made them a target, says Scott Kohanowski, general counsel at the Center for NYC Neighborhoods. New York City recently establis
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