Housing Wire

AUGUST 24, 2023

However, persistently high mortgage rates pose a significant affordability challenge to buyers and sellers (not to mention the workers of a trillion dollar-plus industry). In July, 26% of existing homes sold to cash buyers while 7% of new homes sold to cash buyers. said Sturtevant.

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Mortgage Property Taxes Investors Buyers 364

Miller Samuel

MARCH 19, 2019

FPI's apparent belief that most of the high-end development sold ended up as empty pied-a-terres while wealthy buyers bid up the prices is incorrect. In other words, the 30 percent price rise wasn’t a “bid up” by wealthy buyers; it was a massive shift in the type of housing stock that was being created and sold.

Real Estate 370

Real Estate Law Development Investors 370

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s Buyers with the deepest pockets may wait, however. between 2010 and 2020 to edge out Denver (22.9%) and Portland, Ore. home buyers. It can often be trying and tiring.

Buyers 36

Buyers Law Inventory Development 36

Will Springer Realtor

MAY 9, 2022

That’s where buyers are paying about 42% more in their monthly mortgage payments for the same house today than they did a year ago. Sidenote: Adjustable-rate mortgages (ARMs), which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for new buyers financing a home.

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Architecture Design Buyers Construction 36

Quicken Loans

APRIL 12, 2021

That’s why many home buyers turn to foreclosed homes in hopes of getting more space in a better area and with a much lower price tag. Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. In an REO, the bank is the sole owner of the property.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Will Springer Realtor

JUNE 8, 2022

The rate today is the same as in the late 1960s, except during the housing bubble of 2008-2010 when ownership rose – and we know how that ended up! As home prices surge and people delay – or forgo – nuptials, buyers are pooling their finances with unmarried partners, roommates or friends to purchase a place. New York City is No.

Design 36

Design Construction Development Property Taxes 36

Will Springer Realtor

NOVEMBER 12, 2021

in 2010, the largest decline of any state. in 2010 and Blacks comprise 3.8% A survey of 1600 pet-owning homeowners showed 68% prioritized their animal’s comfort when searching for new properties. There is a mini power surge of buyers wanting to purchase before rates go higher,” Lennox Scott, CEO of John L. The state is 9.4%

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Law Inventory Real Estate Government 36