Agents see growing demand as mortgage rates plummet
Like an avalanche growing larger as it tumbles down a mountain, agents are seeing swelling demand from buyers as mortgage interest rates plummet. Continue reading
Like an avalanche growing larger as it tumbles down a mountain, agents are seeing swelling demand from buyers as mortgage interest rates plummet. Continue reading
Only 16 percent of homebuyers using Redfin faced a bidding war during the first weeks of March, the online brokerage reported Wednesday. Continue reading
Economists who spoke at the National Association of Home Builders’ (NAHB) annual convention and expo last week had a very important message for the real estate world: Mortgage rates will remain manageable — for now. Continue reading
Knowing what your buyers value most will save you and your clients alike the frustration of viewing unsuitable properties. Keep these buying and moving trends in mind when helping prospective buyers earn the keys to their dream home. Continue reading
The Federal Reserve announced on Wednesday that it would hold the federal funds rate in a range between 2.25 percent and 2.5 percent due to a strong labor market and robust economic activity. Continue reading
The program stands in stark contrast to the way most loans work, which typically require a borrower to have a contract already in place before they can lock an interest rate. Continue reading
According to Zillow’s latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6 percent since Aug. 2017, which breaks down to an extra $118 per month or $1,416 per year. Continue reading
The stock market’s slump this week likely has many in the real estate industry wondering what the downswing means for their bottom line. Continue reading
A top Miami real estate agent is feeling the pain of a challenged market and sellers who refuse to budge on pricing. What can her broker do to help convince these stubborn clients? Continue reading
Interest rates have been trending higher since the fall of 2017 — and they are expected to continue rising — but as long as rate increases remain gradual, the U.S. housing market shouldn’t feel a negative impact. Continue reading