Posts by Lindsey Wells

New Zillow tool helps military vets find VA loan-eligible condos

The tool takes the guesswork out of the home-shopping process by highlighting condos eligible for Veterans Affairs (VA)...

Chicago home price growth exceeds 11% in May, deceleration on the horizon

Prices for single-family homes in Chicago increased by 11.1% year over year in May, up from 10.7% month over month in...

Half of Americans are brought to tears while buying a home

A new Zillow survey revealed that 50% of Americans cry while buying a home, with Gen Z and millennial buyers far more likely to shed tears at least once during their home-buying...

Fed votes to increase interest rates, projects more hikes in 2022

The Federal Reserve announced today that it would increase the federal funds rate by 0.25%, its first increase in more than three years, with more hikes projected for the remainder of the...

MoxiWorks acquires lead nurturing platform ActivePipe

Real estate technology platform MoxiWorks recently announced the acquisition of ActivePipe, a lead nurturing platform for real estate...

Unique ‘MetaReal’ deal will include luxury mansion’s identical counterpart in the virtual world

Construction of a Miami mansion will coincide with the creation of its identical counterpart in the virtual world to form a first-of-its-kind "MetaReal" mansion, according to a press...

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among...

Eviction crisis unfolds as courts process backlog of filed cases

Eviction filings are rising as millions of Americans are being forced from their homes months after lawmakers allowed the federally imposed eviction moratorium to...

Redfin reports 10 housing records set in 2021

The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low...

NAR applauds President Biden’s nomination of FHFA director

The National Association of REALTORS®  applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing...

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