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JPMorgan Chase commits $400M to affordable housing

USA Real Estate News-Inman - Wed, 2021-06-16 16:57
The banking giant will provide low-cost loans, equity and grants for nonprofits and other groups that work with Black and Latino households on affordability issues.

The future of second-homeownership is bright

USA Real Estate News-Inman - Wed, 2021-06-16 15:44
Pacaso co-founder Austin Allison and The Agency CEO Mauricio Umansky talk about the future of second-homeownership as Americans prepare for a new normal.

Improvising Effective Selling Conversations for Luxury Listings

USA Real Estate News-RISMedia - Wed, 2021-06-16 15:03

When it comes to winning new luxury listings to sell, conversations are the key. Think about it.

Ryan Schneider shares the blueprint for Realogy’s digital future

USA Real Estate News-Inman - Wed, 2021-06-16 15:02
From virtual title closing services and staging to iBuying, Ryan Schneider is banking on Realogy's ability to lead the real estate industry into the digital age.

Housing Starts Held Firm in May

USA Real Estate News-RISMedia - Wed, 2021-06-16 14:56

Housing starts held steady in May, increasing 3.6% to a seasonally adjusted annual rate of 1.57 million units, according to the latest data from the Commerce Department.

The May reading of 1.57 million starts is the number of housing unit builders would begin if development kept this pace for the next 12 months. Single-family starts increased 4.2% to a 1.10 million seasonally adjusted annual rate. The multifamily sector, which includes apartment buildings and condos, increased 2.4% to a 474,000 pace.

The Breakdown:

Fed will keep buying mortgage bonds — for now

USA Real Estate News-Inman - Wed, 2021-06-16 14:37
Tapering could happen sooner rather than later, with most policymakers open to short-term rate hikes in 2023.
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