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With a focus on the yet-unknown effects stemming from the sudden collapse of two large, regional banks, experts are saying the path forward for multi-family and commercial real estate remains just as uncertain as residential, if not more. At a National Association of REALTORS® (NAR) Forecast Summit on March 22, Dr. Lawrence Yun, NAR’s chief…

The post Bank Crashes Add New Uncertainty for Commercial Sector, Apartments appeared first on RISMedia.

Fathom Holdings, which includes Fathom Realty, the tech-focused, full-service brokerage under its corporate umbrella, reported solid year-over-year financial results for 2022, even with the fourth quarter delivering negative numbers. In a March 22 earnings call, the company announced 25% annual revenue growth along with 14% transaction growth and 28% agent growth. Total revenue in 2022…

The post Fathom: Weak Q4 but Strong YoY Revenue, Agent and Transaction Growth appeared first on RISMedia.

New home sales continued to increase in February, but significantly less than January’s rate due to higher mortgage rates, home prices and construction costs. The National Association of Home Builders (NAHB) reported that newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau demonstrated that sales of newly…

The post New Home Sales Rise for Fifth Consecutive Month appeared first on RISMedia.

If you want to buy a home but the down payment requirements make this seem out of reach, there are more affordable options. Choosing an FHA-approved condo allows you an easier option to buy with lower credit and down payment requirements. Changes to FHA condo approval rules now mean individual units can qualify even if…

The post How to Get on the FHA Condo Approval List appeared first on RISMedia.