Realty Biz

JUNE 9, 2021

One area to keep a close eye on is whether the current surge of inflation will also bring a surge in mortgage interest rates. There is a very good reason to watch this metric because the rate of inflation traditionally remains below the rate for a 30-year mortgage. for the 12 months ended April 2021.

Mortgages 120

Mortgages Fixed-rate mortgage Banks Lending 120

Lighter Side of Real Estate

FEBRUARY 22, 2022

But according to recent survey data highlighted in this Realtor Magazine article , landlords plan to substantially raise rents this year, and all signs point to tenants being willing and able to pay higher rents. 45% plan on a 5-10% increase. 3% are asking for an increase of 20% or more. 45% plan on a 5-10% increase.

Mortgages 98

Mortgages Marketing Sales As-is 98

Realty Biz

MARCH 5, 2021

Price increases were primarily due to ultra-low mortgage rates, strong buyer demand, and a limited number of houses for sale. Who would have thought that mortgage rates creeping toward 3% would be a bad thing? According to Black Knight (mortgage data company), in January there were 2.7 over last year.

Development 106

Development Marketing Residential Principal 106

Realty Biz

SEPTEMBER 25, 2021

Your home equity is the difference between what you owe on your mortgage(s) and what your home is currently worth if you sold it today (the appraised value). For instance, if the remaining balance on your mortgage is $195,000 and the market value is $295,000, you have $100,000 of equity in your home. Your equity increases in two ways.

Equity 91

Equity Loans Bankruptcy Mortgages 91

Realty Biz

OCTOBER 14, 2021

What we do not have is the ingredient for a housing bust, which is when the demand decreases and the supply increases. The demand will remain, but price increases must slow. As house prices increase, you must earn more dollars on each flip just to maintain the profit margin. These enable steady but slow price increases.

Fixed-rate mortgage 94

Fixed-rate mortgage House Flipping Lending As-is 94

Toronto Realty Blog

APRIL 18, 2022

Read the article HERE. Every 2-3 years, I get out a working 1984 N.E.S. Every 2-3 years, I get out a working 1984 N.E.S. Because it’s a shot across the bow to anybody that is going to suggest an assumable mortgage is not a commodity that can, or will, be bought and sold with regularity in the coming months.

Fixed-rate mortgage 91

Fixed-rate mortgage Mortgages Purchase and sale agreement MLS 91

Housing Wire

MARCH 21, 2024

Unless mortgage rates go lower, that’s what we should expect, because that’s what happened last year. When mortgage rates headed lower at the end of 2022 into 2023, we had 12 weeks of positive weekly purchase application data. So, unless rates go down, this might be the high in sales in 2024.

Sales 470

Sales Mortgages Days on market Investor 470

Realty Biz

JUNE 26, 2021

Mortgage rates have been exceptionally low for a long time with the Federal Reserve continuing to support low interest rates. Estimates are the cost of building has increased $80,000 for the average home. All consumer costs are increasing rapidly (inflation). Inflation increases pressure to raise interest rates.

Marketing 79

Marketing Construction Residential Sales 79

Marco Santarelli

MARCH 22, 2023

In this article, we will explore the history of Federal Reserve interest rates , including some of the major changes and their effects on the economy. One of the key tools that the Federal Reserve uses to fulfill this mandate is the manipulation of interest rates.

Banks 97

Banks Finance Lending Investor 97

Realty Biz

SEPTEMBER 24, 2020

And interest rates remain at historical lows. Both are strong reasons motivating homeowners to refinance mortgages and pull out cash. A cash-out refinance replaces your current home loan with a new mortgage that’s higher than your outstanding loan balance (based on a new appraisal). Why Refinancing Might Make Sense Right Now.

Equity 66

Equity Loans Mortgages Finance 66

Point2Homes

MAY 12, 2021

It stems from the general consensus among potential homebuyers that if you can afford to make mortgage payments that are equal or less than what you’re paying in rent, then buying is a better alternative. In the case of homeownership, unrecoverable costs do not consist of mortgage payments. What Is the 5% Rule?

Renovation 87

Renovation Mortgages Equity As-is 87

Broke Agent Media

MAY 18, 2023

The article also revealed that only 56% of Americans think home prices are going up—down from 70% in 2022 and 71% in 2021 but up from 40% in 2020. Gallup’s research also revealed the percentage of Americans who expect home prices to rise in the next 12 months. think it’s a good time to buy a house—the lowest share since 1978.

Agents 52

Agents Construction New Construction Marketing 52

Norada Real Estate

MAY 25, 2022

One of the factors that have led to this increase is its rich nature of mountainous ridges and a good share of physical scenery. There has been a steady increase in Birmingham home values at 10% in the past year. The forecast for the next 12 months is that it will be a seller's real estate market and the prices will increase.

Investor 98

Investor Development Marketing As-is 98

Marco Santarelli

MARCH 22, 2023

Next Fed Rate Hike in 2023 The Federal Reserve's interest rate policy has been a topic of much debate and speculation in recent months. In this article, we will examine the current economic conditions that may influence the Fed's decision, the potential risks of a rate hike, and what experts are predicting for the next Fed rate hike.

Banks 40

Banks Equity Loans Mortgages 40

Marco Santarelli

FEBRUARY 25, 2023

increase compared to the previous year. increase compared to the previous year. Homes in Cape Coral receive an average of 2 offers and sell in around 37 days on the market, which is an increase compared to 13 days last year. Hot homes can sell for around the list price and go pending in around 12 days.

Marketing 98

Marketing Investor Days on market Sales 98

The Close

SEPTEMBER 21, 2020

They THINK they do, but when it comes down to actually pulling out their credit card or rolling up their sleeves, they will inevitably head to Google, or, if you have a well-written article, your blog. You can easily make your article much better than others in your farm area too. Format: Interview article. Format: List post.

Title 115

Title Renovation Agents Staging 115

Housing Wire

FEBRUARY 14, 2022

I started at Redfin 12 years ago,” she said. Representing homebuyers in Orange County, California, Alipour generally completed 2-3 escrows a month while many colleagues did 4-5. “It Grace Alipour spoke loudly into the phone over the cries of her two-year-old being strapped into a car seat. “I It is high-volume work,” Alipour recalled.

Brokerage 368

Brokerage Agents Industrial Sales 368

Marco Santarelli

MAY 4, 2023

In 2023, despite a cooling housing market and high mortgage rates, turnkey homes are in demand and selling fast. In this article, we'll examine a report published by Realtor.com on why turnkey homes for sale are still in demand and explore the reasons why some homes sell quickly while others sit unsold.

Sales 52

Sales Pre-approval Investor Renovation 52

Toronto Realty Blog

SEPTEMBER 6, 2022

My wife and I both agreed, back in 2013, that a mere one week Honeymoon in the Bahamas would be too short, and that’s why we decided to stay for a full two weeks. On the seventh day, when everybody around us was looking sad, preparing to head home, we were absolutely elated to be staying! To leave now would be way too soon!

Marketing 81

Marketing Banks Sales As-is 81

The Close

SEPTEMBER 2, 2020

In this article, I will give you tips on how to write emails that will generate consistent referrals and repeat business. 3 What fees do I have to pay to sell my home? 12 How do I buy a foreclosed home? 14 What is mortgage insurance? The solution is to craft your message to match the audience you wish to respond.

Purchase and sale agreement 124

Purchase and sale agreement Renovation VA loan Pre-approval 124

Kyle Handy

JANUARY 18, 2023

What We’ll Cover Definition Of ROI Step 1: Determine the Initial Investment Step 2: Determine the Annual Income Step 3: Calculate the ROI Conclusion FAQs. Are you considering investing in a rental property but need to know whether it is a wise financial decision? Do you need help figuring out how to calculate its ROI? Definition Of ROI.

Property Management 88

Property Management Renovation Investor Closing costs 88

Redfin

JULY 24, 2023

Depending on what you can afford and today’s mortgage rates, it may be that renting is cheaper than buying. In this Redfin article, we will delve into the pros and cons of renting and buying in Naperville, helping you make an informed decision based on your unique circumstances. Let’s get started.

Renovation 50

Renovation Inspection Closing costs As-is 50

A Student of the Real Estate Game

OCTOBER 2, 2020

At a typical Class B/C community, you could expect 1-3 evictions per month. Resident retention has also been abnormally high as many landlords have been less aggressive with their renewal increases and many residents have opted not to move during the pandemic due to health concerns. As of September, the unemployment rate was 7.9%.

Equity 59

Equity As-is Loans Marketing 59

Marco Santarelli

MARCH 4, 2021

The pandemic has supercharged Utah’s housing market driven by historically low interest rates and low unemployment rate. The economy is strong and the city has on of the lowest unemployment rates in the nation. increase from the previous year. increase from the previous year. Thru 12-2019. Thru 12-2019.

Marketing 124

Marketing Investor Development As-is 124

Redfin

SEPTEMBER 27, 2021

Shopping for a mortgage, you might encounter lenders who pre-qualify you for a higher loan amount than you expected. Step 1: Understand what percentage of your income should go toward your mortgage . Keep in mind that you’ll need to account for taxes, insurance, repairs and renovations, along with increased utility expenses.

Debt-to-income ratio 70

Debt-to-income ratio Closing costs Loans Title 70

Point2Homes

MAY 25, 2021

At the beginning of 2020, right when the pandemic hit, our homebuyer flash survey revealed that many home seekers were forced to put their plans on hold. But although house hunters have resumed their activity, the new market conditions are shattering their hopes of buying — o nly 21% still plan to buy a home in the next six months.

Pre-approval 95

Pre-approval Agents Marketing Closing 95

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. increase from the same time a year ago, according to Compass. Chicago’s housing market started out hot in 2022.

Mortgages 382

Mortgages Loans Lending Construction 382

Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

Mortgages 543

Mortgages Sales As-is Construction 543

Point2Homes

NOVEMBER 22, 2020

The average savings rate in the last decade was 8%. Considering savings rates, median incomes and median home prices, the time needed to save for a 20% down payment in the 100 largest U.S. Most Millennials tend to greatly underestimate the amount of money they will need for a down payment. Of those, 14% have no savings at all.

Finance 96

Finance Loans As-is Marketing 96

The Close

AUGUST 18, 2022

And since almost every other demographic is sick of online ads, prospecting letters tend to have an excellent response rate. For this article, we pulled together 19 of the best real estate prospecting letters to help you connect with buyers, FSBOs, newly divorced homeowners, expired listings, and more. Related Article.

Purchase and sale agreement 98

Purchase and sale agreement Title Closing Short sale 98

Marco Santarelli

SEPTEMBER 6, 2020

Passive income is money that is usually (but not always) received regularly without any or only little effort. You either have to do much, in the beginning, to set up your passive income stream or/and you regularly have to invest at least a bit time, effort or money to maintain that income. What is Passive Income? What is so fascinating about it?

Lending 135

Lending Loans Investor Branding 135

Redfin

JULY 28, 2023

From its vibrant neighborhoods to traffic congestion, this Redfin article offers valuable insights into what life in Atlanta truly entails. Nestled in the heart of the South, the bustling epicenter of Atlanta offers a unique blend of history, diverse culture, and thriving job market, captivating newcomers seeking a new place to call home.

As-is 59

As-is Sales Industrial Banks 59

HomeLight

FEBRUARY 15, 2021

Blacks make up about 12% of the U.S. Blacks are also underrepresented in the mortgage industry. And there’s a huge gap in homeownership rates between blacks and whites — almost 30% apart in 2020. It’s an effort that we believe will change lives and make the real estate industry more inclusive. Full Transcript.

Agents 87

Agents Industrial Debt-to-income ratio As-is 87

Toronto Realty Blog

JANUARY 9, 2023

It’s just that in both cases, it’s impossible not to act accordingly… On Thursday, we looked at two huge topics of discussion for the 2023 real estate market: average home prices and a cornucopia of mortgage issues, specifically mortgage renewals, trigger rates, and interest rates. TorontoRealtyBlog.

Land 83

Land Development Pre-approval Banks 83

Kyle Handy

JANUARY 2, 2023

Consult with your CPA before filing your taxes and using any advice in this article. Build out Facebook Business and Google Business pages 3. Host seminars 12. Many of these deductions are overlooked and underused by real estate agents across the country. Alright, so taxes. Reach out to your existing network 2. Direct mail 18.

Agents 105

Agents As-is Finance Inspection 105

The Close

SEPTEMBER 8, 2022

Statistics in this article: Real Estate Agent Statistics. There are currently more than 3 million active real estate licensees in the United States. Those numbers may be leveling off, marking a return to a normal expansion rate. Related Article. Related Article. Real Estate Agent Statistics. Looking for a Realtor?

Equity 139

Equity Agents Brokerage Closing 139

HomeLight

MARCH 30, 2023

Everything from stubborn inflation and increasing mortgage rates to potential home price declines could cause potential buyers to rethink a new home investment. metro areas saw double-digit home price increases. But there are also reasons for home buyers to be optimistic. During the second quarter of 2022, 80%, of U.S.

Mortgages 84

Mortgages Agents Marketing As-is 84