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In July, just 29 out of the largest 150 metropolitan areas witnessed a year-over-year rise in homes with price Nationally, only of homes listed on had price cuts, a decline from the previous But…
For the week ending Aug. 3, the average 30-year, fixed mortgage rate rose to 6.9%, up from the previous week’s 6.81%, and for the week ending July 29, median home listing prices also rose on a year-over-year basis. An ongoing affordability crisis is stalling a growing share of budget-conscious homebuyers, but not all are demonstratingRead …
Mortgage Rates Have Risen Yet Again, but Homebuyer Competition Is Heating Up Read More »
Property management can be an additional revenue stream for brokers. Here’s insider tips on how to set up a successful property management practice. ❗MORE GREAT INFO FROM FLORIDA REALTORS ❗ Florida Realtors website: https://floridarealtors.org/ Facebook: https://floridarealtors.org/facebook LinkedIn: https://floridarealtors.org/linkedin Instagram: https://www.instagram.com/therealfloridarealtors…
After exceeding the 7% threshold in August, mortgage rates are at their highest point in two decades, and that affordability obstacle is leading to what economists are calling an “inventory crunch.” The total number of U.S. homes for sale fell 7.9% year-over-year in August, as a growing share of would-be sellers decided to stay inRead …
A Look Into What’s Causing the Lack of Housing Inventory Read More »
The S&P CoreLogic Case-Shiller 20-city house-price index increased 0.9% on a monthly basis in June, the fourth straight month of home price gains. Chicago, Cleveland, and New York saw the most significant year-over-year increases, with prices up 4.2%, 4.1%, and 3.4%, respectively. While regional markets in the Northeast continued to see strong demand and risingRead …
These Metros Saw the Largest Home Price Increases in June Read More »
