NextHome’s Humans Over Houses mantra has catapulted the franchisor to record-setting growth. The company added 135 offices between 2019 and 2021, making it No.
Freddie Mac has announced that it will increase homeownership opportunities for first-time homebuyers by considering on-time rent payments as part of the company’s loan purchase decisions. Beginning July 10, 2022, this automated functionality will be available to mortgage lenders nationwide through Freddie Mac Loan Product Advisor® (LPA), the company’s automated underwriting system, a release stated.
Though home prices have risen significantly over the past two years, paying $1 million or more for a house may still seem excessive to most Americans.
To find out where million-dollar houses are most common, LendingTree recently released analysis of its housing data that looked at the share of million-dollar homes in each of the nation’s 50 largest metropolitan areas.
Key findings from the data:
Home prices in areas most impacted by climate change are actually increasing at a higher rate than the national median, according to new research released this week by Clever Real Estate. The study shows that median home sale prices have increased more than 130% in major metros within states that have had at least 50 FEMA disaster declarations since 2012—compared to the national median of 113%.
Key findings in the research:
Leading Real Estate Companies of the World® and Luxury Portfolio International have announced the HGTV Ultimate House Hunt 2022. 2022 marks the eleventh consecutive year that the companies have partnered with HGTV for this popular online promotion; the 2021 Ultimate House Hunt generated more than 1.5 million votes.
Propy, a real estate tech firm, will sell a new property in Orlando, Florida, via an NFT transaction. The property, a three-bedroom townhouse 10 minutes away from Disney World, is listed for a starting price of 430,000 USDC and marketed as both an investment property and new family home. The sale, set for June 29, 2022, is the first time the transaction will include a small royalty fee payment to the current owner and seller’s agent on all future NFT sales.