Wednesday, May 29th, 2024 For Sellers, Selling Tips By: Stankevich Group You’re ready to sell your house. But what do you need most from your real estate agent? Well, the National Association of Realtors (NAR) asked that very question to recent sellers and found one of the top things they were looking for is help marketing their house […]
The Biggest Mistakes Buyers Are Making Today
The Biggest Mistakes Buyers Are Making Today Thursday, May 30th, 2024 For Buyers, Buying Tips BY: Stankevich Group Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider. But, there’s one way to avoid getting tripped up – and that’s […]
HOUSING NEWS- MARCH 14, 2024, EDITION
HOUSING NEWS New single-family home sales rose again in January and are up from a year ago. Good news for buyers, the median sale price is 15.3% below its 2022 peak, and supply is up 160% from its 2022 bottom. There’s still a shortage of pre-owned homes for […]
This first-time home-buyer program is like winning the lottery
This first-time homebuyer program is like winning the lottery California Housing Finance Agency to use lottery system to allocate $220M in ‘Dream for All’ shared appreciation loans that cover down payments for eligible first-time homebuyers MoMo Productions / Getty Images. BY MATT CARTER March 07, 2024 The moment has arrived — the moment to take charge. […]
Mortgage rates ease for 2nd consecutive day on inflation data
Mortgage rates ease for 2nd consecutive day on inflation data ‘Quantitative tightening’ — the Federal Reserve’s moves to trim $35B in mortgages from its balance sheet each month — could keep mortgage rates from falling dramatically this year Getty Images | Inman BY MATT CARTER March 01, 2024 The moment has arrived — the moment to […]
Latest inflation numbers give mortgage rates some room to fall!!!
Latest inflation numbers give mortgage rates some room to fall A key Fed inflation metric, the PCE price index, continues to drop toward the Fed’s 2% inflation target, falling from 2.6% annual growth in December to 2.4% in January BY MATT CARTER February 29, 2024 SHARE The moment has arrived — the moment to take charge. […]
Scarce inventory, falling rates could boost home prices
Scarce inventory, falling rates could boost home prices In December, a Pulsenomics panel of more than 100 housing experts expected homes to appreciate by 2.4% in 2024. Now they’re predicting prices will go up by 3.8% BY MATT CARTER March 01, 2024 SHARE The moment has arrived — the moment to take charge. This summer, at […]
5 trends reshaping real estate marketing in 2024
Trend #1: The industry is embracing the power of AI for lead generation and operations by:CallRail January 11, 2024 The real estate industry has historically been behind the curve when it comes to new technology solutions, but according to All Points Digital, is this seems to be changing. “A lot of companies are more open […]
National news and local views for the week ending Friday, December 15, 2023
What’s Up with Real Estate? National news and local views for the week ending Friday, December 15, 2023 National Real Estate News Inflation ebbing It doesn’t take an economist to see what’s going on: the rate of inflation peaked in mid-2022 and has declined steadily and significantly since then. November “headline” CPI (inflation for consumers) dropped […]
Buyers find a bit of relief as prices and rates ease up
Buyers find a bit of relief as prices and rates ease (November 2023 Market Report) More sellers shaken free from ‘rate lock’ late in the year. Skylar Olsen • Dec 11 2023 What buyers should know about the market right now: Lower mortgage rates and cooling home values made a home purchase slightly more affordable […]
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