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  • Weekly Roundup: Real Estate – May 4th | 360training.com Blog

Weekly Roundup: Real Estate – May 4th | 360training.com Blog

Stafford Aslam May 4, 2018 0

Friday News Round Up

Learn more about current events and trends that may affect your industry in this week’s round-up!

  1. Half as Many Taxpayers to Use the Mortgage Interest Deduction

The new tax bill will likely reduce by 57 percent the number of taxpayers using the mortgage interest deduction.

  1. Sales of New Homes Up 4% in March

A buying surge in the West has increased new home sales 4% in March with the median sales price rising 4.8% to $337,200.

  1. Wells Fargo and Consumer Protection Bureau Reach a $1 Billion Settlement

The settlement includes penalties for, among other violations, charging customers a fee for missing a rate lock-in deadline after delaying some loan approvals.

  1. Bidding Wars Spike in Smaller Markets

Realtor.com® found that secondary markets like Akron, OH. and Worcester, Mass. have seen acute increases in the percentage of houses selling above asking prices.

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