Remove articles mortgage-rates-see-sizable-increase
article thumbnail

How To Connect To Real Estate Leads During Rising Interest Rates

Easy Agent Pro

Rising interest rates for home buyers make buyers, sellers, and agents a bit more cautious. Earlier this month, the Federal Reserve increased its benchmark interest rate by ¾ of a percent, making it the largest hike since 1994. This increase is the third example of rising interest rates that has been enacted in 2022.

Staging 95
article thumbnail

[PULSE] 5 reasons mortgage rates will fall in 2021, according to Dave Stevens

Housing Wire

Let me be contrarian: Get ready, because mortgage rates are going to rise in 2021. The Mortgage Bankers Association in its most recent forecast sees two things that stand out. First, 2020 will prove itself to be the second biggest mortgage year in history. Now before you respond, just read the rest as to why.

Mortgages 540
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Charlotte Real Estate Market & Investment Overview 2021

Marco Santarelli

Low mortgage interest rates, high demand and a shortage of homes continue to fuel the Charlotte real estate market and drive prices higher. 3,630 homes were sold in March, which is a year-over-year increase of 4.9%. However, looking at the current trends, we don't see things stopping anytime soon. to 2,960.

Marketing 120
article thumbnail

Austin Real Estate Market & Investment Overview 2020

Marco Santarelli

increase year over year, which helped hold sales to only a 5.2% The total sales dollar volume in the Greater Austin housing market (five-county MSA) experienced a double-digit y-o-y increase of 13.1%, which amounted to $1,674,070,282. to $6,897,765,107, while the median price increased 4.9% decline during the first half of 2020.

Marketing 141
article thumbnail

Should I Remodel or Move? How to Navigate This Major Housing Decision

HomeLight

It is an extension of my physical body and my sense of self that reflects who I was, am, and want to be,” wrote Dr. Karen Lollar in her article for Qualitative Inquiry, a peer-reviewed academic journal. A portion of each diligent mortgage payment goes toward your principal balance, increasing your stake in the property.

Equity 76
article thumbnail

Reno Real Estate Market: Prices | Trends | Forecast 2021-2022

Marco Santarelli

Over the last decade, the Reno housing market has experienced a significant increase in both prices and demand for housing units. The surge in demand due to housing shortage combined and fewer new construction has led to a sharp increase in house values in recent years. Reno real estate appreciation rates are quite strong.

Marketing 106
article thumbnail

Virginia Beach Housing Market: Prices | Trends | Forecasts 2022

Marco Santarelli

Virginia Beach real estate market trends indicate an increase of $750 (0%) in median home sales and a 0% rise in median rent per month over the past year, according to Trulia.com. Average price per square foot for Virginia Beach was $154, an increase of 1% compared to the same period last year. Virginia Beach Real Estate Market Trends.