Housing Wire
AUGUST 14, 2023
When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. The stakes in real estate are higher, and the cost of making a mistake is substantial.
Housing Wire
SEPTEMBER 15, 2023
Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Rates last month surged to 7.23%—the highest since 2001 – sending the typical homebuyer’s monthly payment up significantly from last year. That rate is up from 14.3% The median U.S.
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Housing Wire
AUGUST 30, 2023
An index of 100 is equal to the level of contract activity in 2001. “Jobs are being added and, thereby, enlarging the pool of prospective home buyers. interestingly fell, even though these two regions recently boasted more robust real estate activity and stronger pricing. Meanwhile the Northeast (63.2)
Housing Wire
NOVEMBER 30, 2023
Pending home sales in October fell to their lowest level since 2001. It dropped on an annual basis for the sixth consecutive month NAR chief economist Lawrence Yun is optimistic that declining mortgage rates will help qualify more home buyers in the months ahead, but limited housing inventory will remain the sticking point.
Housing Wire
JULY 29, 2021
Though the desire for buyers to purchase a new home remains strong, skyrocketing prices are putting the dream out of reach for some buyers, economists in the housing industry said. An index of 100 is equal to the average level of contract activity during 2001, the first year examined. on the index in June, an 8.7% in 2022.
McKissock
APRIL 28, 2021
It makes sense, but it can make the real estate process even tougher for buyers. That means it’s often the real estate agent’s job to ease their minds and lighten the situation. Here’s how to handle emotional buyers like the pro that you are. Know Their Problems — and Solve Them. Have Patience.
Housing Wire
SEPTEMBER 28, 2023
An index of 100 is equal to the level of contract activity in 2001. Mortgage rates have been rising above 7% since August, which has diminished the pool of home buyers,” Lawrence Yun, NAR chief economist said. Buyers are hitting affordability ceilings, causing some of them to sit out the market.
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