Will Springer Realtor

MARCH 12, 2024

Mixed economic numbers have turned that smile upside down among interest-rate watchers, as inflation persists and employment stays healthy. This divergence of data put the mortgage market on its heels over the past several weeks and essentially reset rates after trending lower in December and January. month-to-month and 9.7%

Buyers 57

Buyers Construction Sellers Inventory 57

Will Springer Realtor

DECEMBER 13, 2022

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% In its place, rising everything – home prices, mortgage rates and inflation (Why are eggs so expensive? Interest rates are generally offered today in a range of 6.5%-7.0% or lower – as low as 2.77%, according to Freddie Mac.

Real Estate 36

Real Estate Buyers Construction Sellers 36

Listing Spark

FEBRUARY 7, 2024

The 5 most notable events in Texas real estate from 2023 1) Home values flattened or declined in most of the major markets It’s no surprise that soaring home prices came down to earth in 2023. For example, in the city of Austin, home prices were essentially flat at $523,250 for the year (down only 0.43% in 2023).

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Will Springer Realtor

DECEMBER 12, 2023

It was a year of gyrating mortgage rates and stubbornly high home prices. Mortgage rates rose and rose again to more than 8% but have since mercifully fallen by nearly a percentage point. Just for Fun: In December 2022, the National Association of Realtors® projected mortgage interest rates would be 5.7% 19) at 10am PT.

Real Estate 36

Real Estate Buyers Housing Market Law 36

Appraisal Today

DECEMBER 2, 2022

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. The National Association of REALTORS® believes there are alternatives to some of the experience requirements that the AQB should consider.

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Appraisal Agents Real Estate Real Estate Agent 80

Will Springer Realtor

NOVEMBER 10, 2023

That’s the fourth-highest number of residents of any state and it’s only expected to grow as HOAs become increasingly common. The figure was 70% only 10 years ago. In a colorful April 2023 segment , Oliver said: “When you introduce for-profit companies to find problems in your neighborhood, things can change fast. Census data.

HOA 36

HOA Buyers Law Supply Chain 36

Will Springer Realtor

APRIL 11, 2022

One-size-fits-all parking requirements can lead to excess land dedicated to parking that might otherwise be used for housing. That’s what the people behind The Emerald condo did when it opened in 2020. If living or working in an urban area, how much is a parking space worth to you?

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

JULY 9, 2021

Okay, perhaps the stress is higher but neighborhoods within those cities are generally tight-knit areas with a personality all their own. Make sure residents can get to their employer and to a jobs center. In last month’s newsletter , I shared eye-opening stats from a survey of 5,000 U.S. This is hardly a new concept.

Buyers 36

Buyers Development Transportation Inventory 36