Housing Wire

NOVEMBER 16, 2020

With COVID infection rates exploding and hospitalization rates rising as we go into the cold winter months, the risk this poses to our recovering housing market is a question that should be addressed. In a previous article, I identified infection rates during the winter months as one of the economy’s high-risk variables.

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Marketing As-is Closing Mortgages 545

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

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Mortgages Sales As-is Construction 544

Point2Homes

JUNE 6, 2021

Home prices are at an all-time high and rising; inventory is at a record-low and dropping; and unwavering demand keeps the bidding wars going. Buying a house is never easy, but this record-setting housing market has both buyers and sellers baffled. However, this is just a façade. How does this impact homebuyers?

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Agents As-is Marketing Inspection 96

Toronto Realty Blog

JANUARY 5, 2023

Once our Christmas Boxes were complete, we would spend two weeks fantasizing about all the gifts that would stack inside on Christmas morning! Not only did the kids play with them for two weeks leading up to Christmas, but they’re still playing with them! Wait…… what in the world is a “Christmas Box?”

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Notorious ROB

SEPTEMBER 30, 2022

The headline is “mortgage payments hit all time high” as the Fed keeps hiking rates. Searches during the week ending September 24 were down 33% from a year earlier. Mortgage purchase applications were down 0.4% Prices have climbed 1% since the beginning of the month, after 11 weeks of declines.

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Toronto Realty Blog

JULY 18, 2022

Well, it appeared that within this 15-20 minute window, the Bank of Canada announced that they would raise the benchmark lending rate by 100 basis points, or a full 1.00%. One from a client: David, we just heard about the interest rate hike! Another from a client: “Take variable,” you told me last summer.

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McKissock

FEBRUARY 4, 2022

The share of new construction homes on the market rises to a record high. According to a new report from Redfin News , “The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work.”

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Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Record low mortgage rates are providing opportunities for buyers to lock-in low monthly mortgage payments for future years. points above the pre-COVID baseline.

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The Close

SEPTEMBER 1, 2020

There is no set commission, but typically, that rate is about 3% for a buyer’s agent and 3% for a seller’s agent. A recent survey done by Real Estate Express shows that the average annual income for real estate agents working less than 20 hours a week is $24,556. With us so far? Awesome, we knew you were smart. Decide on a Brokerage.

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Notorious ROB

JUNE 12, 2022

But, thanks to rising inflation that no amount of book-cooking can cover up, the Fed has been forced to “take action” by which we mean raise rates a tiny bit, then jawbone a whole lot about how tough they’re going to be on inflation. Tesla is instituting a hiring freeze and cutting some 10,000 jobs.

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Marco Santarelli

OCTOBER 2, 2020

This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. points from the previous week for an index number of 107.8 points — for the week ending September 26. In the past ten years, the annual real estate appreciation rate has amounted to 4.40% in Atlanta. is no exception.

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Toronto Realty Blog

DECEMBER 15, 2021

Growing from age one to age two represents a fifty percent increase in their time on earth, but it’s merely another twelve months for you. I remember working out at a Crossfit gym in Liberty Village and running by this condo three times per week. It happens so quickly, and you’re simply along for the ride. Intimately.

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Housing Wire

MAY 30, 2023

On Tuesday the FHFA House Price Index hit an all-time high. In this article I’ll explain why this is happening and why we still have a savagely unhealthy housing market. are still near all-time lows and the demand has stabilized. and that it’s historically low. This is why I have stressed that Nov. economy.

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Mortgages Sales Marketing As-is 479

Marco Santarelli

SEPTEMBER 17, 2020

High demand and low inventory are driving up both home prices and speed of home sales in the Kansas City Housing Market. High demand and low inventory are leading to the rise in home prices in Kansas City. Currently, the inventory remains low and the prices will continue to rise for the next twelve months. .

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Marco Santarelli

MARCH 15, 2021

Low-interest rates, tight supply, and high buyer-demand will keep the market hot and exert even more upward pull on house prices. With low inventory and low-interest rates for buyers, both Philadelphia and surrounding counties have seller’s markets right now. The same trend is predicted for 2021.

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Marco Santarelli

NOVEMBER 10, 2020

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. months means that if no additional homes were listed for sale, Ada County would run out of homes to buy in under two weeks. In Boise City, the median sales price hit $404,000 – an 18.8%

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Marco Santarelli

SEPTEMBER 11, 2020

The Colorado Springs housing market continues to break all the records even when the COVID pandemic has not ended. The real estate market has reached record high prices with a lack of homes for sale. Inventory is low and prices are increasing at a steady pace. The local economy is strong and mortgage rates remain low.

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Marketing Investor Sales As-is 105

Marco Santarelli

NOVEMBER 17, 2020

Another factor of increase in the out-of-state homebuyers is that Tennessee is one of only seven states that does not impose an income tax and one of two that doesn’t collect tax on earned income. High demand and low inventory are leading to the rise in home prices in Nashville at a fast pace.

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Marco Santarelli

AUGUST 27, 2020

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. percent rise from the previous record high in June. The new businesses are propping up at a much faster rate than the national average. There is no downturn happening in the local housing market.

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Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 22, 2020

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. 588 homes hit the market in each of the three weeks before April 18.

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Marco Santarelli

AUGUST 17, 2020

It can show you the properties that just hit the market and the ones that have sat for months, nearly guaranteeing the sellers will take any reasonable offer. This may let you find potential rental properties as well as learn the comparable rental rate for a neighborhood. ® helps you rise above the crowd.

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Purchase and sale agreement Investor Land MLS 115

Marco Santarelli

AUGUST 26, 2020

Even before the virus hit the region, it was quite evident that if the inventory crunches further, the affordability will become a bigger issue in the Seattle housing market 2020 , especially with homes in the lower tier. Despite a significant increase of more than 24% in new listings, the inventory was at a 10-year low for July.

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Marketing Investor Sales As-is 141

Marco Santarelli

SEPTEMBER 10, 2021

Cincinnati is a sizzling hot housing market due to low housing inventory and relatively higher demand. Low-interest rates and a scarcity of inventory continue to benefit sellers in this strong market. They probably want to take advantage of low local home mortgage rates which averaged at 2.87% for a 30-year fixed-rate loan.

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Marketing Investor As-is Construction 119

Marco Santarelli

AUGUST 18, 2020

They said the Northeast is the area most likely to be hard hit. People want to live in the city, yet the number of new homes being built is relatively low. Boston's real estate appreciation rate in the latest quarter was around 1.12%. They used factors like market affordability and the percentage of underwater homes.

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Marketing Purchase and sale agreement Investor Sales 124

Marco Santarelli

AUGUST 21, 2020

Miami hits most people’s radar as a tourist destination, though it periodically hits the news when it looks like it may be hit by a hurricane. Miami has a track record of being one of the best long term real estate investments through the last ten years. In the latest quarter, Miami's appreciation rate has been 0.30%.

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Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 4, 2020

percent for the week ending July 6 fueled by the increase in listings that went under contract in May and June. New listings were down for a fifth consecutive a week during the week ending July 6 compared to 2019. percent decline for the week ending July 6 compared to the same week in 2019.

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Marketing Investor Sales As-is 141

Marco Santarelli

MAY 28, 2022

It may not have a good track record or hype for real estate investment but Virginia Beach has a good variety of housing available for investors, including single family homes, condominiums and rental apartments. 327 of which were newly listed within the last week. The city has just under half a million permanent residents.

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Marketing Purchase and sale agreement Investor Sales 98

Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. We've been seeing real estate appreciation rates increasing year-over-year in the entire metro area. The annual real estate appreciation rate is in double digits.

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Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

JULY 30, 2020

It is said that you will always get your money back or you would make a profit, as Los Angeles has a track record of being a great long term investment. The real estate appreciation rate in Los Angeles is predicted to remain a bit modest throughout this year. Los Angeles Housing Market Report Before COVID-19 Hit The Country.

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Marco Santarelli

MAY 31, 2022

If you are an investor, Asheville real estate has a track record of being one of the best long term investments. 80 of which were newly listed within the last week. According to Zillow, the percent of delinquent mortgages in Asheville is 0.4%, which is lower than the national value of 1.1%. Asheville Real Estate Market Trends.

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Marco Santarelli

SEPTEMBER 21, 2020

Inventory is low, prices are rising, and pent-up demand alongside low mortgage rates has the market flooded with homebuyers. This is another housing market trend that is affecting many major cities across the country but particularly in the western coastal markets. How big is San Deigo's housing market?

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Marketing Construction Investor Sales 138

Marco Santarelli

SEPTEMBER 7, 2020

” The real estate appreciation rate in Orlando in the latest quarter was around 0.69% which equates to an annual appreciation forecast of 2.79%. ” The real estate appreciation rate in Orlando in the latest quarter was around 0.69% which equates to an annual appreciation forecast of 2.79%. above last year's price.

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Marco Santarelli

SEPTEMBER 8, 2020

For real estate investors, Naples, Florida has a track record of being one of the best long term real estate investments in the nation. In the past ten years, the annual real estate appreciation rate has amounted to 6.45%, according to NeighborhoodScout.com. It is notable as one of the wealthiest cities in the country. This was a 27.5

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Toronto Realty Blog

SEPTEMBER 8, 2022

I read the comments section on many articles in the major Toronto newspapers and they’re just awful most of the time. But let’s leave interest rates off the list, even though the Bank of Canada increased the overnight lending rate by 0.75% on Wednesday, because we knew that was going to happen.

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Marketing Fixed-rate mortgage Banks Principal 91

GeekEstate

JANUARY 3, 2022

[Editor’s Note: We publish a Weekly Transmission for GEM members , a series of long-form articles covering the spectrum from shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war. Following a year of record-breaking uncertainty, 2021 was the year that just was.

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Toronto Realty Blog

MARCH 25, 2022

Every week, I routinely flag a dozen or more newspaper articles, often to read over the weekend, or sometimes to follow up with on TRB. This past week, I found a lot of articles which, dare I say, led me to the same conclusion. How about we read some excerpts from the articles, and you tell me ? March 21, 2022.

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Purchase and sale agreement Construction Pre-approval Development 78

Marco Santarelli

APRIL 29, 2021

In other words, there are many interested buyers, but the real estate inventory is low. Available inventory remains low and can’t keep up with the high buyer demand in this market. 2020 started with low inventory in San Jose, and a strong seller's real estate market. A seller's market arises when demand exceeds supply.

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