Sun.Aug 20, 2023

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Higher mortgage rates haven’t increased inventory

Housing Wire

Last week, mortgage rates hit a 21st-century high, the 10-year yield closed slightly higher than my peak forecast for 2023 , and housing inventory growth was still slow. Purchase application data didn’t budge much on the week-to-week data. Weekly active listings rose by only 4,401. Mortgage rates went from 7.19%% to 7.37%. Purchase apps were flat week to week.

Inventory 370
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Brokers in Focus: "We want fewer agents who do more business"

Real Estate News

Red Oak Realty CEO Vanessa Bergmark has clear goals for growth — and for finding and keeping great agents, no matter the market.

Agents 243
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The Entrepreneur’s Guide to FI: A Day in the Life of a Finance Blogger

BiggerPockets

A “wife-FI,” semi-retired finance blogger? It sounds like an exciting life, but what does it entail? Today’s guest didn’t arrive here overnight and doesn’t recommend it for everyone.

Finance 62
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Buying a House in a High Risk Fire Zone: What Investors Need To Know

BiggerPockets

There are extra considerations when investing in a property in an area prone to fires. Here's what to know if your rental as an elevated wildfire risk.

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Bird Dog in Real Estate: What It Is & How to Make Money

BiggerPockets

Becoming a bird dog is a great option for someone who wants to get involved in real estate investing but doesn't have the necessary capital for a down payment.

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7 Important Ways How to Fireproof Your Home From Wildfires

BiggerPockets

Discover essential tips on how to fireproof your home from wildfires to protect your real estate investments.