Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Agents 404

Agents Equity New Construction Days on market 404

HomeLight

MAY 23, 2024

General financial prosperity: A strong economy boosts consumer confidence and spending, including in the housing market. Low interest rates: Lower borrowing costs make mortgages more affordable, increasing homebuying activity. Excessive mortgage debt: Higher levels of debt among homeowners increase financial risk.

Equity 92

Equity Construction Investor New Construction 92

Housing Wire

MARCH 22, 2024

Before meeting with a mortgage lender, buyers should have a clear picture of their finances. When I meet with a new buyer, one of my first questions is: How long do you plan to occupy the property? They will no doubt build plenty of equity over the next few decades. Meet with a financial advisor. Do not skip the inspection.

Agents 381

Agents Pre-approval Pre-qualification Inspection 381

Realty Biz

JUNE 24, 2022

The rapid rise in mortgage rates, from an average of 3% to 6% over the past six months, is tempering Miami real estate’s historic pace,” MIAMI Chairman of the Board Fernando Arencibia Jr. Although top sales marks are still being achieved, higher rates are starting to restore balance to the market. © SeanPavonePhoto – Fotolia.com.

Sales 77

Sales Short sale Mortgages Fixed-rate mortgage 77

HomeLight

APRIL 21, 2023

If you need to sell your house fast in San Diego, whether you’ve inherited a house, you’re relocating for work, need to cash out your home’s equity quickly, or are looking to put a divorce behind you, the two best strategies are: 1) seek out a cash offer, or 2) work with a top real estate agent. So we’re just out of land.”

Investor 67

Investor Renovation Closing Sales 67

Marco Santarelli

JANUARY 3, 2021

Among the advantages of this strategy is that during the time that you hold the property and rent it out, the mortgage is paid down every month, decreasing your principal balance and increasing your equity in the rental property. There is a lot more than just a mortgage to think about.

Investor 105

Investor Property Management As-is Renovation 105

HomeLight

APRIL 29, 2021

The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

Marketing 108

Marketing Sales Agents Construction 108