A report from Richmond Biz in Virginia. "Joe Dunn, a veteran local mortgage executive, said as of last week around 135 of George Mason Mortgage’s more than 300 employees have since CMG Financial’s poaching began last month. Dunn said the…
A report from the LA Business Journal in California. "Agents agree that a lot of the reason we are seeing more mansions sell at auction is that properties are simply listed too high and in some cases, sellers want to…
A report from Market Watch. "Researchers pointed to Miami as an example for their argument. During the market’s peak in late 2006, buyers there paid nearly $340,000 on average to purchase a home. Only now are many of those buyers…
A report from Yahoo Finance. "DLB Financial Services CEO Debbie Boyd joins Yahoo Finance. 'I'm a mortgage broker by trade. So I do believe the Fed is going to raise rates. We've already seen almost a point raise since the…
A report from the Daily Mail. "Anyone who has tried to sell their home recently knows the property market can be brutal. And it seems that’s true whether you’re selling an apartment in Hampshire or a mega-mansion in Hollywood. There…
A report from NBC News. "'As we move through the year, we will see slower sales activity,' said Lawrence Yun, chief economist at the National Association of Realtors. 'Intense multiple-offer days are over… people can take their time. I think…
A report from the Florida Times Union. "Alex Sifakis, president of JWB Real Estate Capital in Jacksonville, said his company now manages 4,300 single-family rental properties in the city and owns another 400 of them. From the investment side, he…
A report from Spectrum 1 on Massachusetts. "'Landlords have gotten hosed the whole time here,' said Mike DeLuca, who owns 35 rental units in Worcester. 'It’s all about of the tenants. I’ll tell you right now, these landlords are never…
A report from Fox South Carolina. "Greenville continues to be a relocation destination as experts predict an 11% increase in home sales this year. 'We're going to be in a seller's market for decades, decades,' said Thomas Cheves, a Coldwell…
A report from the Northside Sun in Mississippi. "'People are paying so much more for houses than they did a year and half to two years ago,' said William Fincher, a Realtor in Madison County. 'They are paying $40,000 to…