Housing Wire
APRIL 20, 2024
Housing inventory finally hit my target level of growth last week with mortgage rates now over 7.25% , something I couldn’t get all last year. Of course, what is different this year versus last year is that new listing data is growing yearly instead of trending at the lowest levels recorded in history. This is something I talked about last week on Yahoo Finance.
Real Estate News
APRIL 20, 2024
The Supreme Court passes on a chance to weigh in, objections pile up, and Fannie and Freddie say it’s all right to exclude commissions from seller concessions.
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Inman
APRIL 20, 2024
Event planning is about more than space and catering. Let Liane Dutton guide you through developing an effective call to action and measurable outcomes to ensure recruiting success.
Real Estate News
APRIL 20, 2024
Real nabs top Chicago team; Rabbitt Group forms at Corcoran Reverie; Baltimore indie joins C21; Oklahoma firm signs on with BHGRE; Sotheby's opens in Poland.
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Seattle Times Real Estate
APRIL 20, 2024
Veteran Seattle developer Martin Selig is reportedly still trying to refinance a $239 million office loan that comes due next month.
Marco Santarelli
APRIL 20, 2024
As of April 19, 2024, the mortgage landscape in the United States has been marked by a period of fluctuation, with rates experiencing a slight increase. Here's an analysis of current averages and expert predictions for the next two years. The average rate for a conventional 30-year fixed mortgage was reported at 7.22% , while the 15-year fixed mortgage stood at 6.657%.
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Marco Santarelli
APRIL 20, 2024
A common question on many people's minds is whether the U.S. housing market will crash again. To address this concern, it's essential to consider various expert analyses and economic indicators that provide insight into the future of real estate. The forecasts show that the housing market in 2024 is expected to continue grappling with high home prices and elevated mortgage rates, which have been a significant barrier to homeownership for many.
BubbleInfo
APRIL 20, 2024
First-time home buyers are a growing share of the market, making up half of all home buyers last year, according to Zillow’s Consumer Housing Trends Report. Homeownership is easier to break into in some markets than others, and Zillow has named this year’s best markets for first-time buyers, where their dollars go further and starter homes […] The post Best Markets for First-Timers first appeared on bubbleinfo.com.
Marco Santarelli
APRIL 20, 2024
The US housing market has been on a wild ride in recent years. Soaring home prices fueled by historically low mortgage rates created a frenzy of buyer activity. However, the tide seems to be turning. Rising interest rates have cooled buyer enthusiasm, leading to slower sales and questions about the future. While the surge of recent years might be moderating, experts predict a future with steadier home price appreciation , potentially with some regional variations.
Marco Santarelli
APRIL 20, 2024
Confused about buying a home in 2024? This Mortgage Market Update explores rising rates, potential risks, & why the outlook might still be positive. The US housing market in March 2024 presented a complex picture. Interest rates remained elevated compared to historical norms, but there were signs of both resilience and potential trouble on the horizon.
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Marco Santarelli
APRIL 20, 2024
The question of whether housing will become more affordable if the market crashes in 2024 is a complex one, with various factors influencing the potential outcome. A market crash can indeed lead to a decrease in housing prices , as seen historically , but the extent and duration of such a decrease depend on the underlying economic conditions, the reasons for the market downturn, and the response from policymakers.
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