Everyone is talking about inflation in gas, groceries and real estate. Now, as interest rates have gone up, we have seen inflation start to peak and enthusiasm in the housing market normalize. Dare we say it's starting to become…
Existing Home Inventory UP Year-Over-Year For The First Time in 3 Years Update Issued: 7/20/2022 2:52 PM The National Association of Realtors (NAR) reported that June saw the 5th consecutive monthly decline in Existing Home Sales today. The annual pace…
This week’s edition includes a look into vacation homes, the June Jobs report and some good local info on our real estate market. Jobs Friday Results Are In THE jobs report (non-farm payrolls) came in strong Friday with the unemployment…
Realtor.com Reports Weekly Inventory Up 17% Year-over-year. by Calculated Risk on 6/17/2022 04:16:00 PM Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released yesterday from Chief Economist Danielle Hale: Weekly Housing Trends View — Data Week…
Mortgage interest rate predictions: Will rates go down in April 2022? Paul Centopani The Mortgage Reports Editor April 4, 2022 - 17 min read Mortgage rate forecast for next week (April 11-15) With inflation in high gear and the Federal Reserve planning six more hikes this year, it’s…
Selling your home this year? Listing on a Thursday in late April brings the greatest reward. Homes are selling fast year-round, but homes listed in the spring command the highest sale prices nationwide Homes listed for sale in the second…
Renting a home is even harder than buying one in hot U.S. market. Bloomberg News For Atlanta real estate agent Jamie Douglas, a dearth of inventory has made it almost impossible to take on new clients hunting for affordable rental…
Mortgage interest rate predictions: Will rates go down in February 2022? Paul Centopani The Mortgage Reports Editor Mortgage rates surged through the beginning of 2022 and show no signs of stopping. After settling at a 3.05% average on December 23, 2021,…
Soaring home prices nearly doubled seller profits in 2021 By Brad Finkelstein Those who opted to sell their homes in 2021 recorded an average profit of $94,092 on the typical sale, according to a report from Attom Data Solutions. That was…
Experts Predict What The Housing Market Will Look Like In 2022 Brenda Richardson The pandemic ignited a home-buying frenzy as the decade-long housing shortage converged with historically-low mortgage rates, shifting workplace dynamics and new opportunities for young buyers to…
