December 25, 2024
THE SEARCH FOR VALUABLE DC REAL ESTATE INFORMATION
You deserve a lot more information on your upcoming real estate transaction than your search engine is offering.
Articles for author: SusanIsaacs
December 14, 2024
DESPERATELY SEEKING R STAR
Determining r* involves use of complex equations that include such factors as potential economic growth and determining how fast it can expand without lifting inflation or making assumptions about future economic conditions.
December 12, 2024
PANTHEON MACROECONOMICS GRIM 2025 Report
Before the election, Pantheon economists expected core CPE inflation to return to the 2% target by mid-2025, “but Trump looks set to throw a wrench into the works."
November 25, 2024
FANNIE MAE ADJUSTS FORECASTS
Fannie Mae has lowered its expectations for existing home sales to 4% in 2025, from its previous forecast of 11%.
November 19, 2024
FINANCIAL DEREGULATION AND CONSUMERS
Trump is taking another swing at Wall Street deregulation in his second term, with the CFPB, SEC, FDIC and Federal Reserve squarely in his sights.
November 8, 2024
ELECTION IMPACTS ON DC REAL ESTATE
In November, voters messaged that they're fed up with the high cost of living in the U.S. But the government they voted for is likely to worsen high prices, elevated interest rates and unaffordable housing if a number of planned policies are implemented.
September 10, 2024
DC AG KO’s TITLE JVs
District of Columbia AG Shuts Down Title Kickback Scheme Involving Joint Ventures With Agents Four DC title companies negotiate settlements with the Ofice of the Attorney General (OAG) after actions were brought against them for violating the DC anti-inducement provision that applies to title insurance, as well as unfair and deceptive trade practice prohibited under the DC Consumer Protection Procedures Act (CCPA). Joint Ventures With Agent Owners Allied Title & Escrow, KVS Title, Modern Settlements and Union Settlements will pay $3.29 million in fines DC Attorney General Brian L. Schwalb announced in late August that four District title companies; Allied
August 26, 2024
CHANGES TO DC HOME TOURING
The NAR Settlement Changed More Than Compensation Rules What DC Home Buyers Should Know About Touring, Open Houses & ‘Ministerial Acts’ DC Metro home buyers entering or re-entering the market this fall will find that mortgage interest rate cuts and broker compensation mandates aren’t the only changes they’ll encounter in the home purchase process for the foreseeable future. New rules for touring homes are now in place, visiting open houses may feel different, and the options for ministerial acts agents may provide to unrepresented buyers may become increasingly limited. That’s on top of the already-discussed ad nauseam changes to buyer
May 18, 2024
A MILLION DOLLAR HOME ISN’T ‘LUXURY’ IN DC
Zillow Group's research team published the results of their affordability study in April, showing, among other notable findings, that million-dollar cities are multiplying, jumping by 59, from 491 to 550 over the past last year.
May 16, 2024
NEW APPRAISAL REVIEW PROCESS
HUD, GSEs to Offer New Appraisal Review Option Finally, an easier way to contest bad appraisals Home appraisals now warrant an official second look if they are inaccurate or bias is suspected in the process. Starting this August, HUD (U.S. Dept. of Housing & Urban Development), FHA (Federal Housing Administration), and GSEs (government-sponsored enterprises) Fannie Mae & Freddie Mac will allow borrowers to request a re-assessment of the appraised value of their property. The ‘Reconsideration of Value’ policy offers an aligned approach for FHA-insured mortgages and those purchased or guaranteed by Fannie Mae and Freddie Mac. ‘ROV’ requires lenders to
May 4, 2024
NAR RULE CHANGES NOW OCCUR IN AUGUST
The National Association of Realtors has reset the deadline for practice changes to August.
