Housing Wire

JULY 13, 2022

Mortgage rates of 4%-5% weren’t doing the amount of demand destruction I thought they would. Mortgage rates closer to 6% for sure are driving bigger year-over-year decline data. However, mortgage rates getting to 6.25% indeed have picked up the pace on the year-over-year declines percentage wise in the purchase application data.

Inventory 539

Inventory Housing Market Mortgage Marketing 539

Housing Wire

FEBRUARY 1, 2023

Rob Nunziata , co-CEO and co-founder of Florida-based FBC Mortgage , says one mortgage sweetener that holds out some promise for making houses more affordable for a broader swath of borrowers is the temporary rate buydown. “It Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range].

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Housing Wire

APRIL 11, 2022

We had a few years where sales missed expectations in 2013, 2014, and 2015. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. I hope higher rates do their thing regarding cooling down price growth and creating more days on the market.

Inventory 494

Inventory Housing Market Marketing Modernization 494

Housing Wire

MARCH 29, 2022

We had a few years where sales missed expectations in 2013, 2014, and 2015. Then in 2018, when mortgage rates got to 5%, we had a supply shock for the builders, which in essence stalled out construction for 30 months. I hope higher rates do their thing regarding cooling down price growth and creating more days on the market.

Inventory 404

Inventory Housing Market Marketing Modernization 404

Empire Appraisal Group

JANUARY 11, 2023

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict. Next year, mortgage rates are expected to stabilize while home sales and prices moderate after recent highs, according to NAR’s forecast. compared to 2022.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Will Springer Realtor

APRIL 14, 2023

The most notable of that group: Exempting the sale and leaseback of property by a seller from the residential landlord-tenant act when the seller agrees to a written lease of no more than three months at closing. bipartisan House Capital Budget proposal would set a state record for construction funding. Lenders issued 1.5M

Transportation 36

Transportation Sellers Construction Real Estate 36

AmeriMac

JULY 15, 2021

This dramatic increase in value affects home appraisals, which is good news for both buyers and sellers. These appraisals are done by a third party, who doesn’t have a vested interest in the sale or a relationship with either the buyer or the seller. What Higher Appraisal Values Mean for House Buyers and Sellers.

Appraisal 36

Appraisal Sellers Real Estate Buyers 36

Will Springer Realtor

DECEMBER 14, 2021

Buyers will continue to outstrip sellers by a significant margin but less extreme than in 2021. A majority of those said their home no longer meets their needs – space, features, location – and they want to take advantage of favorable mortgage rates. mortgage rates sound? 2 (Freddie Mac). established at the start of 2021.

Real Estate 69

Real Estate Buyers Construction Sellers 69

Assurance Financial

MAY 4, 2022

In today’s economic climate, many homeowners may find it challenging to make their large monthly mortgage payments. Especially for first-time homeowners, an unwieldy mortgage payment may feel stressful and overwhelming. What Are Mortgage Refinancing Closing Costs? Downloadable Guides. We hope you find this information helpful.

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Mortgage Insurance Legal Inspection 36

Raleigh Realty

AUGUST 19, 2022

According to the 2018 Home Buyer and Seller Generational Trends Report, 90 percent of buyers aged 37 years and younger purchased their home through a real estate agent. The minute mortgage. This ease-of-access mindset comes into play with the mortgage process as well. Marriage is on the decline.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Buyers 78

Will Springer Realtor

MAY 13, 2024

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. Homes considered “affordable” tend to be at or below 80% of median family income levels and only 23,877 units have been constructed across the state since 2020 – about 3.3K

HOA 36

HOA Transportation Construction Buyers 36

Houston Properties

JANUARY 12, 2022

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). Why We're Fearful: Buyer & Seller Mistakes. Why We’re Fearful: Buyer & Seller Mistakes. "A Year Built: 2014.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Houston Properties

JANUARY 13, 2021

Avoid 9 Costly Mistakes Sellers Make. Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. In addition, mortgage rates are at an all-time low. Some companies are offering 30-year fixed-rate mortgages for less than 2.3%.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Will Springer Realtor

MAY 9, 2022

All this tech construction gives new meaning to IT architecture! “A Another 1350 are under construction with delivery in the next two years, including the high-end Avenue Bellevue. 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. million sq.

Architecture 36

Architecture Design Buyers Construction 36

Houston Properties

OCTOBER 1, 2021

Contact me for a list of recommended mortgage providers and what (who) to avoid. Contact Paige Martin at Paige@HoustonProperties.com for great mortgage banking recommendations. The 1,100-acre area showcases a great variety of new construction homes and notable amenities. 3.05% interest rate with a 30 year mortgage with no PMI.

Real Estate Agent 41

Real Estate Agent Realtors Real Estate Agents 41

Will Springer Realtor

JULY 9, 2021

I am often asked by sellers what home projects should they address to get the highest return on investment. Since 2014, prices have risen across the board for all the projects ranked in the report, but this year has seen a spike in prices. of all mortgaged properties, were in negative equity. THE ROI OF HOME RENOVATION.

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Buyers Development Transportation Inventory 36

Will Springer Realtor

AUGUST 9, 2022

RECESSIONS AND MORTGAGE RATES Recent data and the traditional definition show we are now in a recession even though there is debate among economic and political folks. this chart shows, each time the economy slowed significantly, mortgage rates declined. 48% own homes, reflecting a steady rise since 2014. of all U.S.

Inventory 36

Inventory Buyers New Listings Construction 36