Realty Biz

APRIL 19, 2024

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. The 30-year fixed-rate mortgage rate was at 6.6 At the same time, new constructions struggle to keep up with the market.

Marketing 90

Marketing Fixed-rate mortgage Construction Residential 90

Realty Biz

MAY 21, 2023

Rates leveled off before recently rising again. Rates on March 1, 2022 were 3.90%. Home sales are sensitive to mortgage rate changes. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.35% as of May 11. from March to a seasonally adjusted annual rate of 4.28 million in April.

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

Realty Biz

MARCH 21, 2023

Pending sales are an indicator of future sales, but it takes up to 40 days for pending transactions to close and not all pending sales end in deals. Home sales are sensitive to mortgage rate changes and homebuyers are taking advantage of any rate declines. from January to a seasonally adjusted annual rate of 4.58

Sales 101

Sales MLS Short sale Residential 101

Realty Biz

DECEMBER 26, 2022

While the Fed doesn’t set mortgage rates, it affects them through its conduct of monetary policy. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage averaged 6.31% as of December 15. from October to a seasonally adjusted annual rate of 4.09

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

JUNE 24, 2022

Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. Second-Best May Sales Month in History Miami’s total closed sales in May 2022 outperformed nearly every other May in history despite higher mortgage rates, lower supply, and higher sale prices.

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

SEPTEMBER 7, 2020

In July, the total closed sales amounted to 3,679, up 1.4% On the other hand, home prices continued to rise in May as closings and inventory fell. New contracts are up 8.2% year over year, and new listings are up 3.6%. The average interest rate paid by Orlando homebuyers in July was 2.97%, down from 3.04% the month prior.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 5, 2020

July 2020 was a very active month for closings, up almost 13% compared with July 2019. This increase in new listings appears to be setting in for the long run, which is a little bit of good news for buyers. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135