Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. for 30-year fixed-rate loans.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

Broke Agent Media

MARCH 22, 2023

BAM Key Details: According to the National Association of REALTORS®, existing home sales increased 14.5% Year-over-year, however, existing home sales dropped 22.6% and the median existing-home sale price fell 0.2% That said, year-over-year, existing home sales are down 22.6%. from a year ago to $363,000. year over year.

Sales 98

Sales Fixed-rate mortgage Mortgages Short sale 98

Marco Santarelli

JULY 11, 2022

If mortgage rates continue to rise, although, at a slower rate than in recent months, demand will likely decrease in the fall and winter, while home prices will continue to grow, albeit at a slower rate. Prices are increasing as a result of enough money on the sidelines and very low mortgage rates.

Sales 95

Sales Marketing Fixed-rate mortgage Mortgages 95

Realty Biz

SEPTEMBER 23, 2021

Miami-Dade County real estate broke another record, posting its best August sales month in history as pent-up demand, more U.S. individuals and companies moving to South Florida, and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 105

Sales Fixed-rate mortgage Short sale Equity 105

Realty Biz

MAY 21, 2023

Miami-Dade’s out-of-state homebuyers with a mortgage earn nearly $100,000 in median household income. 5 in ultra-prime ($25M+) sales in the world, according to the 2023 Knight Frank Wealth Report. Mortgage Rates Up 3 Percentage Points Vs. Last Year; Impacting Sales Miami total home sales decreased 35.5%

Sales 93

Sales Short sale Fixed-rate mortgage MLS 93

RIS Media

DECEMBER 22, 2020

Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offered the following insight on the report. The positive momentum that home sellers are seeing will carry on well into the new year,” Yun predicted, citing low mortgage rates and remote-work flexibilities. Single-family and Condo/Co-op Sales.

Sales 98

Sales Fixed-rate mortgage Short sale Mortgages 98

Realty Biz

DECEMBER 26, 2022

“This influx of people and companies moving into our region, coupled with the ratio of cash buyers which is nearly double the national average should continue to shield Miami from the impact of high mortgage rates as the Fed continues its mandate to tamper inflationary pressure.”. Single-family home sales decreased 38.5%

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Broke Agent Media

MAY 23, 2023

months’ supply at today’s monthly sale pace. Home sales are bouncing back and forth but remain above recent cyclical lows. The combination of job gains, limited inventory and fluctuating mortgage rates over the last several months have created an environment of push-pull housing demand. month over month to 1.04

Sales 52

Sales Fixed-rate mortgage Days on market Short sale 52

Realty Biz

FEBRUARY 21, 2021

Miami-Dade County total home sales posted a double-digit increase for the fifth consecutive month in January 2021 as pent-up demand and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Condo dollar volume increased 69.4%

Sales 91

Sales Short sale FHA loan Fixed-rate mortgage 91

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Realty Biz

MARCH 21, 2023

Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second consecutive month, according to February 2023 statistics released today by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) systems.

Sales 102

Sales MLS Short sale Residential 102

Marco Santarelli

AUGUST 5, 2020

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Record low mortgage rates are providing opportunities for buyers to lock-in low monthly mortgage payments for future years. Their “Housing Market Recovery Index” reached 103.7

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. 4 Key Interest Rate Questions That Could Save Your Clients Money. Amortization.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

Marco Santarelli

SEPTEMBER 7, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 127

Marketing Investor Sales Fixed-rate mortgage 127

Marco Santarelli

AUGUST 27, 2020

For buyers, the inventory is relatively increasing and mortgage rates are lowest ever , so they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars. The percent of delinquent mortgages in Las Vegas is 1.2%, which is higher than the national value of 1.1%.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 5, 2020

As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. We've been seeing real estate appreciation rates increasing year-over-year in the entire metro area. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135