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Author Archives: Demetria Lester

Demetria C. Lester is a reporter for DS News and MReport magazines with more than eight years of writing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A former editor-in-chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington, she has covered events such as the Byron Nelson and Pac-12 Conferences, progressing into her freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Texas, Lester is an avid jazz lover and likes to read. She can be reached at [email protected].

Markets Considered Overvalued Increasing as Mortgage Rates Rise

First American Financial Corporation, a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the July 2022 First American Real House Price Index (RHPI). The RHPI measures ...

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HUD Awards $5M for Repairing Low-Income Veteran’s Homes

The U.S. Department of Housing and Urban Development (HUD), in partnership with the U.S. Department of Veterans Affairs, today awarded $5 million in $1 million allotments to five non-profits in support of the Veterans Housing Rehabilitation and Modification Pilot Program ...

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Predicting the Future of the Hispanic Housing Market

Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. But amidst a tight housing market, potential Hispanic homebuyers —especially first-time buyers— ...

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Small-Town Locales, Million-Dollar Listings

Home prices may seem as if they’re declining in some parts of the country, but they've also dramatically risen over the past two and a half years since the onset of the pandemic. Resulting from this rapid growth, homes valued ...

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Bidding-War Rate Reaches Lowest Level Since 2020

According to Redfin's latest market analysis, some 44.6% of home offers written by Redfin agents nationwide faced competition on a seasonally adjusted basis in August, the lowest bidding-war rate since the beginning of the pandemic when the housing market nearly ...

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CFPB Seeks to Expand Homebuyer Options

The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. The CFPB seeks insights on ways to improve mortgage refinances for homeowners who would benefit from refinancing, especially for ...

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Sales Slip, Prices Soften From July

A recent study from RE/MAX revealed that new listings dropped nearly 13% from July, and inventory declined almost 2%, after four months of consecutive, double-digit growth. Click here for the latest details.

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