
More home sellers are withdrawing listings
While inventory of unsold homes in the housing market in each of the last two years headed higher during September and October due to mortgage rate spikes, we’re seeing a more normal seasonal pattern now with inventory beginning to decline. We’re also seeing more home sellers withdrawing their listi
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The agents dominating Miami’s real estate market
Miami stands as one of the most dynamic and valuable real estate markets in the United States. While not yet reaching the trillion-dollar mark, Miami‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to
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Louisiana homeowners insurance costs lead more seniors to reverse mortgages
Homeowners insurance costs are higher now than they have typically been, which has the potential to hit those living on a fixed income particularly hard. This could be one reason why a local NBC-TV affiliate in New Orleans is reporting that more of the community’s seniors are turning to reverse mort
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reAlpha gets into the mortgage brokerage biz, acquires Be My Neighbor
Publicly traded real estate software firm reAlpha Tech Corp. added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday.reAlpha agreed to pay Be My Neighbor an aggregate purchase price of up to $6 million. This consists of $1.5 million in cash paid on
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