Realty Biz

MARCH 13, 2024

If you're considering buying a home in Maryland in 2024, you’ll want to go in fully prepared for the state's competitive real estate landscape. While rising prices and mortgage rates present challenges, it’s still possible to find your dream home with the right strategy. At the same time, know your must-haves.

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Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Consumer loans such as mortgages and other financial documents require notarization. Register for the FinLedger Daily Newsletter.

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The Close

APRIL 30, 2024

You must evaluate if a price reduction is necessary by looking at the absorption rate and the average days on market (DOM) for that location. Buyers may question why the price dropped and think something is wrong with the home. When it’s time for a price reduction, real estate agents must conduct market research and rely on the data.

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Realty Biz

MAY 22, 2022

The demand for homes remains robust. Despite 30-year mortgages being firmly above a 5% interest rate, mortgage applications for home purchases increased 5% in mid-May. That’s not surprising because springtime is the busiest season for home purchases. Now, the share of ARMs is 11% of overall mortgage loans.

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The Close

JUNE 22, 2023

But for value-seeking investors like myself, the scariest time to invest is actually in a good economy, when housing prices are rising at a blistering pace. According to the National Association of Realtors’ latest existing-home sales data , sales are down 23.2% Well, the good news is that inventory is going to increase.

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Toronto Realty Blog

JANUARY 11, 2024

Any new developments? Very few listings have come onto the market, but more importantly, the pattern of behaviour I have established when looking at “new listings” is concerning. Well, what’s the first thing I do after I click on a new listing? Prices topped the list with Sales & Inventory ranking second.

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The Residential Specialist

OCTOBER 19, 2021

The 2020/2021 market has been defined by “a lack of homes for sale relative to demand,” says Gay Cororaton, National Association of REALTORS ® senior economist, director of Housing and Commercial Research. Prices will rise at a slightly slower rate. Interest rates will rise, but not enough to dampen demand.

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Realty Biz

AUGUST 6, 2021

Home prices are on track to reach an unaffordable and unsustainable 20% increase this year. The two powerful forces driving prices are the nation’s unshakeable faith in homeownership and an unprecedented streak of low-interest rates. Home values slid backward for 4 years before hitting bottom in 2012.

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Marco Santarelli

APRIL 26, 2023

One of the most significant factors impacting the housing market is interest rates. Housing market interest rates (or mortgage rates) play a crucial role in the decision-making process for both homebuyers and sellers. This is because lenders need to compensate for the decreased value of money over time due to inflation.

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Toronto Realty Blog

JUNE 2, 2023

TorontoRealtyBlog Do you remember a twelve-month period where we talked about interest rates any more than we have since this time last year? I’ve been around for almost two decades and I’ve seen just about everything when it comes to interest rates. In July of 1980, the Bank of Canada overnight rate was 9.93%.

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Banks As-is Marketing Mortgages 70

Marco Santarelli

DECEMBER 22, 2020

Mortgage note investing is one of the best real estate investment opportunities available but it is rarely discussed. In this article, we shall discuss the various types of mortgage notes and how to invest in them. Mortgage notes are also known as real estate lien notes and borrower’s notes.

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Toronto Realty Blog

JUNE 20, 2022

I have a tanning bed at home, you should get one.” Energy, groceries, shelter costs drive fastest rise in consumer-price index since December 1981. That was the headline of the article. The prime interest rate was jacked up, over and over, spiking at an astonishing 21.5% Inflation Hit 8.6% in March of 1980.

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Principal Fixed-rate mortgage Pre-approval Mortgages 97

Marco Santarelli

MARCH 22, 2023

Next Fed Rate Hike in 2023 The Federal Reserve's interest rate policy has been a topic of much debate and speculation in recent months. In this article, we will examine the current economic conditions that may influence the Fed's decision, the potential risks of a rate hike, and what experts are predicting for the next Fed rate hike.

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Housing Wire

JANUARY 5, 2023

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. Home price s. national home price decline.

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Marketing Mortgages Sales As-is 538

Marco Santarelli

MARCH 4, 2021

The pandemic has supercharged Utah’s housing market driven by historically low interest rates and low unemployment rate. The economy is strong and the city has on of the lowest unemployment rates in the nation. The median home price in “Salt Lake County” was $378,411 in 2020, +10.5% New Listings.

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Toronto Realty Blog

NOVEMBER 20, 2023

It’s nothing new. Over the last year, I have noticed an increasing number of newspaper articles, opinion pieces, or quotes on social media that seem to “blame” the private sector for the housing crisis. I guess I still don’t… Do I start with the conclusion at the onset and work backward?

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Toronto Realty Blog

APRIL 18, 2022

Read the article HERE. by WATA, which not only sold for $870,000 last year, but which is now being offered for sale again at a reasonable $1,305,000. So what if a buyer of a house could save $50,000 per year on mortgage interest? And what if that savings could be conveyed in a sale? Fixed-Rate (5-year): 4.19%.

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Fixed-rate mortgage Mortgages Purchase and sale agreement MLS 91

The Close

AUGUST 18, 2022

And since almost every other demographic is sick of online ads, prospecting letters tend to have an excellent response rate. For this article, we pulled together 19 of the best real estate prospecting letters to help you connect with buyers, FSBOs, newly divorced homeowners, expired listings, and more. Related Article.

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Norada Real Estate

MAY 25, 2022

The city's ever-growing population shows a need for real estate investments and developments for the good of the new growing population. Birmingham is home to world-class medical research, a celebrated food and arts scene, and the Birmingham Civil Rights National Monument. Several factors have led to the truth of this statement.

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CT Homes

OCTOBER 19, 2021

By being able to understand real estate price trends, current and new property owners can optimize their real estate experiences and work the market to their favor. By being able to understand real estate price trends, current and new property owners can optimize their real estate experiences and work the market to their favor.

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Housing Wire

JANUARY 4, 2023

This article is part of our 2022 – 2023 Housing Market Forecast series. The economy looks to be ending 2022 on a positive note, unfortunately, it doesn’t alter our view that we’ll likely enter a mild recession in the new year. percent in 2022 before entering a modest recession in the new year.

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Housing Wire

DECEMBER 20, 2021

But when a new, powerful variable presents itself, like the worldwide COVID-19 pandemic, the economy can change on a dime. 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.

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HomeLight

MARCH 29, 2022

providing all-cash offers to purchase your home. According to the National Association of Realtors®, cash sales accounted for 23% of existing-home sales last year, up from 16% the year before. This increase is in part due to a rise in instant-offer cash options available to home sellers today. Learn More.

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The Close

APRIL 28, 2022

Disclaimer: All suggestions mentioned in this article are for informational purposes only. Born from the needs of mortgage buyers to compete with cash buyers, cash lenders will buy a home with cash then allow the buyer to refinance or purchase the property after closing. We are not offering legal advice. Use a Cash Lender.

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Redfin

JULY 27, 2023

If you’re looking to move to Raleigh, then you also may be considering whether to rent versus buy a home in Raleigh. With Raleigh’s real estate market conditions, you’ll find there are pros and cons to both buying and renting a home, making it that much tougher to decide which option suits your goals.

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Equity Due diligence New Construction Closing costs 49

Redfin

AUGUST 3, 2023

This Redfin guide will shed light on the essential aspects of buying a home in Georgia, providing valuable insights to ensure a smooth homebuying experience in the Peach State. Check out this article to learn more about the pros and cons of living in Georgia. What’s it like to live in Georgia? year-over-year.

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Purchase and sale agreement Pre-approval Debt-to-income ratio Loans 55

Housing Wire

APRIL 13, 2022

In this HW+ Slack Q&A , HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. Seasonal inventory is about to rise, so let’s hope for the best. HousingWire: To begin, how is the supply data looking this year now that we are in April?

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Redfin

MAY 5, 2023

Whether you’re a first-time homebuyer or an experienced real estate investor, buying a home in the Lone Star State is a thrilling experience. With a wide range of housing options, from spacious suburban homes to beautiful city condos and charming rural properties, there is something for every lifestyle.

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Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy.

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Housing Wire

MAY 26, 2022

As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Since the summer of 2020, this has been my main talking point on what can cool down housing ; it’s a 10-year yield above 1.94% , meaning rates above 4%. So, on average, just 500,000 more homes were bought than in 2019.

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Redfin

JUNE 29, 2023

Whether you’re looking for charming suburban homes in Grand Rapids , a bustling urban condo in Ann Arbor , or a serene rural retreat, Michigan has something to offer. Check out this article to learn more about the pros and cons of living in Michigan. As of recent data, the median sale price stands at $252,200, reflecting a 1.6%

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Housing Wire

JANUARY 26, 2022

This article is part of our HousingWire 2022 forecast series. Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. The good news: demand isn’t going away. 2022 Forecast series.

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Redfin

JUNE 14, 2023

Welcome to the Tar Heel State, where the serene landscapes, vibrant cities, and rich cultural heritage await those seeking a place to call home. Whether you’re a first-time homeowner, an investor, or new to the state and considering buying a house in North Carolina , you’re in for a treat. year-over-year increase.

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Pre-approval Debt-to-income ratio Closing costs Title 57

HomeLight

AUGUST 31, 2020

Out comes an instant home value estimate that’s totally, 100% free. Like much of the technology we rely on today, the fast and free home appraisal has its strengths and limitations. And there’s a lot you need to know about the digital-age home appraisal tools before you try to use one for a task as serious as, say, pricing your home.

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The Residential Specialist

AUGUST 28, 2020

A dedicated home office. Vacation homes. Adding these keywords to your marketing or advertising materials can let buyers know that a property has these highly sought-after amenities, or that you are ready to help them find a new home that can check off these boxes. Photo: iStock.com/Cemile Bingol/Amanda Goehlert.

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Toronto Realty Blog

DECEMBER 14, 2020

I specifically didn’t post new content on Friday because I knew you’d all need to be fresh, eager, and well-rested this morning in order to power through this week’s blogs. Here’s somebody suggesting that taxes need to be raised, without even understanding taxation, tax rates, or who is taxed what amount.

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Purchase and sale agreement As-is Debt-to-income ratio Marketing 113

Toronto Realty Blog

JANUARY 5, 2023

We would pick our box, then head home and decorate it! I distinctly remember playing with my brother and sister in the upstairs of our Parkhurst Boulevard home pretending to open presents, and pretending to put them in our Christmas Boxes. Anybody else in this boat? But somewhere along the line, it ceased to be about that.

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