Remove articles mortgage-demand-falls-as-rates-soar-past-6
article thumbnail

Higher Rates Lead to Healthier Housing Market? How?

Notorious ROB

I spent the last month or so trying to understand the view that higher interest rates, leading to higher mortgage rates, will tame the crazy housing market. And this article from yesterday titled “ With home sales down, why are home prices still up? This is a public call for help. I’m not ashamed to admit it.

article thumbnail

Top Ten Topics Of Discussion For 2023!

Toronto Realty Blog

Now I’m self-medicating, taking leftover Cyclobenzaprine from years past, with a Naproxen chaser. Two topics that dominated discussions last year were inflation and interest rates , and I’m sure that you’re oh-so-happy to find they’re not atop our list to start 2023. Total: $739.82. But that was in 2013.

Banks 80
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Makes Your Property Value Increase? 12 Key Factors To Watch

HomeLight

can be attributed to supply and demand. In this article, we discuss the factors that cause property values to increase over time and how to obtain a home value estimate. In this article, we discuss the factors that cause property values to increase over time and how to obtain a home value estimate. Supply and demand.

article thumbnail

Four Horsemen of the Housing Apocalypse, Part 3: On a Black Horse – Recession

Notorious ROB

But, thanks to rising inflation that no amount of book-cooking can cover up, the Fed has been forced to “take action” by which we mean raise rates a tiny bit, then jawbone a whole lot about how tough they’re going to be on inflation. Revelation 6:5–6 NASB. Tech companies are cutting staff by the thousands.

article thumbnail

Affordability Crisis Update: Current Homebuyers Lost More Than Just Buying Power

Point2Homes

Aggressive rate hikes (after the latest increase, the average mortgage rate hovers around 7%), coupled with sky-high home prices mean buyers are bleeding money. When the interest rate was hovering around 3%, the pain of soaring home prices was just a dull ache compared to the major burden it has become.

article thumbnail

Tampa Real Estate Market & Investment Overview 2021

Marco Santarelli

There’s a tremendous amount of pent-up demand for entry-level single-family homes. According to local brokers, they are seeing a massive influx of out-of-state cash buyers resulting in soaring prices. The shortage of supply and an increase in the demand for housing is pushing the prices higher in the Tampa housing market.

Marketing 145
article thumbnail

Boise Real Estate Market Trends & Investment Outlook

Marco Santarelli

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. Active listings in Ada County have declined nearly 73% in the past year. Typically 5-6 months is considered to be a balanced real estate market. 30-year mortgage rates – 2.89% (down 0.72).

Marketing 138