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The 2021 housing market recap by Logan Mohtashami

Housing Wire

The housing market didn’t crash at all, in fact, more Americans bought homes with mortgages in 2021 than in 2020. mortgage rates, so on the mortgage rate side of the equation, it’s never been better. A bullish housing market. What a year 2021 has been. We started the year with many pundits saying that the U.S.

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Part 2: Current State of the Housing Market; Overview for mid-December

Calculated Risk Real Estate

A key question I discussed in July is Will house prices decline further later this year? 30-Year Mortgage Rates Have Declined, but Remain Above 7% The following graph from MortgageNewsDaily.com shows mortgage rates since January 1, 2010. YoY and mortgage rates at 7.09%, would be $2,792 - an increase of 13%.

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Don’t Worry About Home Prices Dipping This Year (Unless You’re Among This 3% Of Homeowners)

Lighter Side of Real Estate

So when you start hearing news about the market shifting, and home prices coming down, you might wonder if your house is worth less than you paid for it (if you bought it in the past couple of years). In fact, home prices are only predicted to decline 4% in the coming year, as this Yahoo article states.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

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. Related Article. After all, great communication leads to closed deals.

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Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

In the past month, houses in the Philadelphia metro area sold for higher prices and that is mainly due to low mortgage rates and tight inventory. Forecast is an estimate based on data from multiple sources. While it is deemed reliable, it is not guaranteed. Philadelphia is a hot seller's real estate market by all housing indicators.

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Chicago Real Estate Market 2020 Overview

Marco Santarelli

The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. The month’s supply of inventory declined 8.5%, from 4.7 What are the predictions for the coming months?

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Las Vegas Real Estate Market 2020 Overview

Marco Santarelli

percent rise from the previous record high in June. The Las Vegas housing market is literally on fire amid the pandemic. The booming Las Vegas real estate market was impacted by the ongoing pandemic but things are turning back to normal. The economic uncertainty and massive job losses directly affected its housing market as well. It was a 1.5

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