Buyers Mortgage New Listings Property Taxes 
Housing Wire
APRIL 29, 2024
The weekly volume of new listings is now higher than at anytime last year. The bearish take is that there are many more sellers than buyers and inventory is rising. The bearish take is that there are many more sellers than buyers and inventory is rising. Mortgage rates are at 7.5% orate further?
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 That’s a triple whammy hitting potential homebuyers,” notes Len Kiefer, deputy chief economist at Freddie Mac, which buys many of our mortgage loans from lenders.
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Will Springer Realtor
NOVEMBER 9, 2022
The housing market in and around King County was moving along swimmingly at the start of 2022, with homes selling briskly and buyers taking advantage of interest rates in the 3s. and jump in mortgage rates of 4 percentage points has created a housing market belly flop. The stats are an unwelcome paradox for buyers and sellers alike.
Will Springer Realtor
SEPTEMBER 12, 2023
New owners here spend an average of $232.5K on first-year costs, including a 20% down payment, closing costs, monthly mortgage, insurance and property taxes. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. . >> Seattle sits 10 th among big U.S.
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. home prices, up 14% year over year (YoY) by one measure, and escalating mortgage rates, which have risen about 2.1 The national numbers are starting to be concerning. The potent combo of rising U.S.
Will Springer Realtor
MAY 9, 2023
Information from the National Mortgage Database shows 83% of all mortgage holders enjoy an interest rate below 5% when today’s average rate is about 6.5%. Falling new inventory is constraining transaction volumes while also supporting higher home prices. I love the listing video ! Property taxes are steep at $60K a year.
Will Springer Realtor
JUNE 8, 2022
Calling upon Fannie Mae, Freddie Mac and other secondary-market mortgage holders to lower the bar to ownership through tax credits, larger deductions on mortgage interest and greater options for down payment assistance can also help. New York City is No. >> Forty-five percent of residential mortgages in the U.S.
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