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 […]
Here’s How to Save $7,500 by the End of 2024
Here’s How to Save $7,500 by the End of 2024 Published on Dec. 15, 2023 By: Natasha Etzel Writer Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. APY = […]
Thanksgiving Blog: A Time to Be Thankful for Lower Mortgage Rates
Thanksgiving Blog: A Time to Be Thankful for Lower Mortgage Rates 🦃 A Season of Gratitude and New Beginnings After the Thanksgiving festivities, we still have much to be thankful for, especially in the realm of real estate. This year, amidst the festive air and the aroma of pumpkin spice, there’s an additional reason for […]
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