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The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9 in July, while the Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 134.4 from 133.1.  The Expectations…

The post Consumer Confidence Up Slightly in August Due to Economy and Inflation appeared first on RISMedia.

Home prices again appreciated year-over-year, although the rate continues to slow monthly, pointing again toward a normalization of the market through the coming months and in 2025. The S&P CoreLogic Case-Shiller Home Price Index for June 2024 saw a 5.4% annual gain in home prices, down from the 5.9% annual gain last month. The 10-City…

The post Home Price Growth Continues to Slow, but Experts Are Hopeful appeared first on RISMedia.

Lender creates and funds an escrow account that's used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires.

Portals remain some of the most profitable businesses in real estate, while brokerage company profitability is more business model-dependent.

Although home price growth is slowing, S&P CoreLogic's report also showed that first-time homebuyers are being impacted most by rising prices, since in the last five years, prices in the lower end of the market have risen more quickly than other tiers.

NJ Town Among Hottest Real Estate Markets in the U.S.  New Jersey Digest

While the pace of home-price growth has slowed, homeowners with a mortgage saw their tappable equity soar to an all-new record high through the second quarter of 2024, according to the August 2024 ICE Mortgage Monitor Report. Tappable equity, the amount homeowners can access while keeping a 20% equity cushion, reached a new peak of…

The post Homeowners’ Tappable Equity Reaches Jaw-Dropping High of $17.6T in Q2 2024 appeared first on RISMedia.

Case-Shiller Index: Home Prices At All-Time High  Bankrate.com

These Dallas-Area ZIP Codes Among ‘Hottest' Real Estate Markets in U.S.  Dallas Observer

U.S. House Prices Rise 5.7 Percent over the Last Year; Up 0.9 Percent from the First Quarter of 2024  Public Affairs Detail | Federal Housing Finance Agency

Council seizes properties from rogue London landlord in landmark move after months of complaints  Evening Standard

London sees dramatic rise in number of rental properties being sold  The Intermediary

Working from home prevalent across Northern Europe, but has no effect on productivity  Workplace Insight

Is This Why Your Rent Is Skyrocketing? DOJ And 8 US States Sue RealPage For Alleged Price-Fixing Scheme  IBTimes UK

The United States and KP Government Hold Zameen Mela to Boost Land Registration and Real Estate Investment in  US Embassy and Consulates in Pakistan

Ex-Goldman MD ‘bets career’ on climate-proofing real estate  InvestmentNews

Zombie Foreclosures in U.S. Decline in Q3, Reaching Lowest Levels Since 2021  The World Property Journal

Major rise in London rental properties being sold: TwentyCi  Mortgage Strategy

SJP inks 111,000 sq. ft. lease in Hoboken for Unilever’s new U.S. headquarters  Real Estate NJ

The economics of luxurious living: An analysis of Monica, Carrie, and Phil’s lifestyle  Lifestyle Asia India