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How escrow refunds work for Arizona homebuyers who walk away from sale
5+ day, 14+ hour ago (596+ words) A couple walked away from buying a home in east Mesa and want their $25, 000 escrow payment back. Here's why they can't demand an immediate refund. Why homebuyers who back out don't get escrow money refund right away Question: We signed…...
Condo developers urge big banks to ease presale threshold for financing
6+ hour, 35+ min ago (1066+ words) A construction worker on the site of a new condo development in Montreal in February, 2024. Christinne Muschi/The Canadian Press Developers are calling on Canada's biggest banks to make it easier for them to get financing to start construction on…...
Rocket Mortgage sues rival UWM for $100 M
7+ hour, 28+ min ago (179+ words) Eagle-Tribune Rocket Mortgage filed a lawsuit on May 14 seeking damages of $100 million from crosstown rival United Wholesale Mortgage. Detroit-based home lender Rocket Mortgage filed a lawsuit on May 14 against local archrival United Wholesale Mortgage for alleged breach of contract. The…...
Buyers maintain advantage as housing market shows early signs of shift
2+ day, 11+ hour ago (503+ words) Read Today's Top Story: GAMLS: Atlanta's housing market shows "structural change in buyer behavior' The U. S. housing market this spring is still leaning in buyers' favor, but that advantage is starting to narrow. (Image courtesy of Redfin) The U. S. housing market this…...
Why homebuyers who back out don't get escrow money refund right away - AOL
5+ day, 14+ hour ago (286+ words) Why homebuyers who back out don't get escrow money refund right away AOL. com Question: We signed the standard Arizona Association of Realtors Purchase Contract to buy a home in east Mesa. We deposited $25, 000 earnest money with the escrow company....
Home contract signings increased in March, the latest sign of a topsy-turvy housing market - AOL
1+ mon, 3+ day ago (78+ words) Home contract signings increased in March, the latest sign of a topsy-turvy housing market AOL. com Housing contract activity rose 1. 5% in March despite an uptick in mortgage rates, a sign that some buyers are still moving forward despite economic headwinds....
Mortgage Rates Hit 6. 33%: Here's Why Home Affordability Just Jumped 9 Points
13+ hour, 29+ min ago (597+ words) The National Association of Realtors" Housing Affordability Index surged to 110. 6 in April 2026 from 101. 4 a year prior, driven by 30-year mortgage rates declining 40 basis points to 6. 33% while per capita disposable income rose from $66, 095 to $68, 617 and average hourly earnings increased from $36. 12 to…...
Government programs have sparked a rush for affordable housing " real estate agents
11+ hour, 18+ min ago (219+ words) Demand for economy-class housing has surged in Ukraine's real estate market due to the government's "e-Restoration" compensation program. According to market participants, due to the limited validity period of housing certificates60 dayscompensation recipients are actively searching for apartments, which has caused…...
With Commercial Real Estate Still Challenging, Lenders Offload Troubled Loans At A Loss
17+ hour, 25+ min ago (806+ words) Zero Hedge - On a long enough timeline, the survival rate for everyone drops to zero...
How to know whether to buy or rent " The Mail & Guardian
3+ day, 9+ hour ago (1350+ words) A thread on X went viral this week. A guy named Thendo Muloiwa shared that he had spent two years renting a flat in Victory Park, Johannesburg, for R12 000 a month." His landlord had listed the unit for sale at R1. 4 million....