Marco Santarelli

OCTOBER 18, 2022

Projected Interest Rates in 5 Years. Unless you have a crystal ball that can predict the future, it's impossible to know how much interest rates will rise in the coming five years. by 2024, while the CBO anticipates inflation will average 2.4% The agency anticipates 2022 short-term interest rates to rise substantially.

Mortgages 52

Mortgages Loans Investor As-is 52

Marco Santarelli

AUGUST 5, 2020

percent in July. 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. points above the pre-COVID baseline.

Marketing 145

Marketing Fixed-rate mortgage Sales Mortgages 145

Marco Santarelli

AUGUST 4, 2020

percent year-over-year. percent, according to H.A.R. percent for the week ending July 6 fueled by the increase in listings that went under contract in May and June. percent decline for the week ending July 6 compared to the same week in 2019. But its rate of appreciation continues to be slightly above the national rate.

Marketing 141

Marketing Investor Sales As-is 141

Marco Santarelli

SEPTEMBER 8, 2023

Historical Averages From 1968 to 2023, existing home sales in the United States have averaged approximately 4,065.91 This long-term average reflects the overall stability of the real estate market in the country. saw 5 million housing transactions completed, marking a decrease from the previous year when 6.12

Sales 98

Sales Land Development Marketing 98

Housing Wire

FEBRUARY 14, 2022

Representing homebuyers in Orange County, California, Alipour generally completed 2-3 escrows a month while many colleagues did 4-5. “It These employee agents are exceedingly more productive than the average independent contractor agent. million average unique visitors per month, as of September. million real estate agents.

Brokerage 370

Brokerage Agents Industrial Sales 370

Marco Santarelli

DECEMBER 16, 2020

Although home price gains continue to accelerate low mortgage rates are giving buyers much-needed help. 7 for the lowest average monthly mortgage payments in all 50 states. Homes in Oklahoma City receive 3 offers on average and sell in around 13 days. percent for single-family homes and 4.5 since last year.

Marketing 119

Marketing Purchase and sale agreement Investor As-is 119

Marco Santarelli

AUGUST 21, 2020

On average, they could buy homes for 96.95% of the asking price— 3.05% below asking price on average in July 2020. On average, homes in Miami, FL sell after 93 days on the market. percent increase year over year. In the latest quarter, Miami's appreciation rate has been 0.30%. percent, from $235,000 to $240,000.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

NOVEMBER 27, 2021

It has seen roughly one percent growth per year since 2010. percent over the last decade, equating to an annual appreciation rate of 8.35 percent on average. In the last twelve months, Bakersfield's appreciation rates have remained among the highest in the country, at 13.01 by June 2020.

Marketing 97

Marketing Investor Sales As-is 97

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. Is that a lot?

Land 83

Land Development Pre-approval Banks 83

Marco Santarelli

MAY 11, 2022

Due to low-interest rates, a lack of inventory, intense competition, and the fact that parents with children in virtual schools were eager for a change, last year was a strong year for sellers. This shift has resulted in price growth in the Birmingham area approaching the state and national averages, at 13 to 14 percent from a year ago.

Marketing 98

Marketing Investor Residential Sales 98

HomeLight

APRIL 12, 2023

Your closing costs may differ depending on your circumstances and the terms of your home purchase. of the purchase price, and 1% for sellers, not including real estate agent commissions. In this article, we’ll break down those costs for you and explain a few different options to minimize your out-of-pocket expenses.

Closing costs 80

Closing costs Closing Purchase and sale agreement Title search 80

Toronto Realty Blog

SEPTEMBER 8, 2022

I read the comments section on many articles in the major Toronto newspapers and they’re just awful most of the time. Don’t even get me started on the plight of mankind if comments posted on Facebook and Instagram are indicative of the average level of intelligence of today’s society.

Marketing 91

Marketing Fixed-rate mortgage Banks Principal 91

Marco Santarelli

NOVEMBER 17, 2020

Despite the pandemic led economic slowdown, there is healthy demand to purchase homes in the Nashville real estate market. Interest rates are at an all-time low making things a bit easier for the buyers in this fast-paced seller's market. This figure is up 17 percent from the 3,742 closings reported for the same period last year.

Marketing 137

Marketing Purchase and sale agreement Residential Investor 137

Marco Santarelli

AUGUST 18, 2020

percent from 1,187 homes put under agreement in May, and condo pending sales climbed and even more impressive 51.7 percent from 782 units placed under agreement in May, according to GBAR. On average, they could sell homes for 100% of the asking price. Boston's real estate appreciation rate in the latest quarter was around 1.12%.

Marketing 124

Marketing Purchase and sale agreement Investor Sales 124

Marco Santarelli

MAY 31, 2022

The median list price per square foot in Asheville is $231, which is higher than the Asheville Metro average of $195. The average price per square foot for this same period rose to $211, up from $204. Average price per square foot for Asheville was $212, an increase of 5% compared to the same period last year.

Marketing 104

Marketing Investor Sales As-is 104

HomeLight

MARCH 11, 2022

In this historic New England state, residents not only enjoy beautiful fall foliage, but also a strong economy and top-rated public schools. Understandably, many buyers worry they can’t afford a mortgage in this highly desirable state. It’s important to remember closing costs when you purchase your first home.

Closing costs 93

Closing costs Debt-to-income ratio Fixed-rate mortgage Loans 93

Marco Santarelli

SEPTEMBER 24, 2021

Over the last five years, data shows a stable Scottsdale housing market with average sale point and price per square foot seeing a steady increase. On average, homes in Scottsdale sell after 35 days on the market compared to 51 days last year. The average homes sell for around list price and go pending in around 32 days.

Marketing 98

Marketing Investor Sales Residential 98

Marco Santarelli

AUGUST 2, 2020

Brooklyn sales activity contracted at the least sharp rate, recording only -21% Y-o-Y in H1. NYC's real estate appreciation rate in the latest quarter was around 1.08% which equates to an annual appreciation rate of 4.41%. percent to $280,000 for the year 2019. percent and closed sales were down 1.1 percent to 5.1

Marketing 142

Marketing Sales Pre-approval Investor 142

Marco Santarelli

SEPTEMBER 17, 2020

percent compared to the same quarter in 2019. percent from the same month in 2019. The average price of homes sold in August was $284,480, compared to $253,090 in August 2019. Homes that sold in August were on the market an average of 39 days and sold for 99.4 states of Missouri (9 counties) and Kansas (5 counties).

Marketing 122

Marketing Sales Investor Days on market 122

Marco Santarelli

AUGUST 1, 2020

The factors driving prices up are an increase in demand for housing, tight inventory, and record-low mortgage rates. The average price of a home in the Denver metro area was $508,951, a year-over-year increase of 2%. It has a low unemployment rate of 2.3% The home prices are rising. million people.

Marketing 137

Marketing Investor Sales Residential 137

Toronto Realty Blog

JANUARY 6, 2022

Then again, if you had predicted what would happen to the Toronto real estate market in March of 2020, with a worldwide pandemic staring at us, I’m sure you wouldn’t have said, “I predict a 30% increase in the average home price.” Today, most of us, especially myself, see a mortgage as a payment plan.

Fixed-rate mortgage 98

Fixed-rate mortgage Banks Mortgages As-is 98

Marco Santarelli

JULY 26, 2020

In this article, our focus will be on how to make money in real estate through different means. Turnkey properties were purchased by someone else who rehabilitated it before finding a tenant. Know the rules for evicting tenants and raising rental rates if you’ll be managing an apartment building. Are you excited?

Loans 144

Loans Equity Renovation Property Management 144

Marco Santarelli

FEBRUARY 24, 2023

However, the average sale price per square foot was $704, which increased by 7.6% Homes in Pasadena sell, on average, after 49 days on the market, one day longer than last year. According to Redfin, a residential real estate brokerage, the Pasadena housing market is somewhat competitive, with homes receiving an average of 5 offers.

Marketing 88

Marketing Investor Hard money loan Due diligence 88

Toronto Realty Blog

JUNE 21, 2021

Home ownership rates have increased. Case in point: home ownership rates in Canada are increasing. I’ll admit, I certainly wasn’t aware of this, and had I been asked to guess or weigh in on the subject, I’d have assumed that home ownership rates are decreasing. Perhaps it’s low interest rates.

Pre-approval 105

Pre-approval Construction MLS As-is 105

Marco Santarelli

AUGUST 27, 2020

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. percent rise from the previous record high in June. percent from June and 5.3 percent from July 2019. The new businesses are propping up at a much faster rate than the national average.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

JULY 30, 2020

The real estate appreciation rate in Los Angeles is predicted to remain a bit modest throughout this year. According to several real estate experts, the home values in Los Angeles will continue to rise in 2020, but at a significantly slower rate than the nationwide average. percent increase over the same time last year.

Marketing 139

Marketing Investor Sales As-is 139

Marco Santarelli

NOVEMBER 10, 2020

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. Typically 5-6 months is considered to be a balanced real estate market. Median days on market – 5 days (down 10 days). 30-year mortgage rates – 2.89% (down 0.72). A supply of 0.4

Marketing 138

Marketing Sales Construction Investor 138

Marco Santarelli

OCTOBER 2, 2020

This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. They could sell homes for 98.98% of the asking price — 1.02% below asking price on average in August 2020. On average, homes in Atlanta, GA sell after 60 days on the market. percent over the year. is no exception.

Marketing 138

Marketing Residential Sales Investor 138

Marco Santarelli

SEPTEMBER 8, 2020

percent increase in pending sales for the month. percent year over year. On average, they could sell homes for 96.25% of the listing price–just 3.75% below asking price. In the past ten years, the annual real estate appreciation rate has amounted to 6.45%, according to NeighborhoodScout.com. The report also showed a 22.5

Marketing 105

Marketing Purchase and sale agreement Investor Closing 105

Marco Santarelli

APRIL 29, 2021

Buyers need to earn $203K per year to afford a median-priced single-family home whereas the average income needed to buy a house nationally is $60,770. That means home ownership of a median-priced home is out of reach for nearly 80 percent of the city’s residents. The average sales price was up 2.2% compared to last year.

Marketing 126

Marketing Investor Residential Sales 126

Marco Santarelli

AUGUST 10, 2020

Austin has come up as another tech hub in the last 5 to 6 years. More homebuyers purchase condos and townhomes in an effort to live closer to the urban core or stay within their budget. The Austin real estate appreciation rate in the last quarter was around 0.83%, which amounts to an annual rate of 3.36%. to $290,628,094.

Marketing 141

Marketing Residential Investor Sales 141

Afford Anything

JULY 21, 2021

Should she mortgage against the condo to reduce the mortgage on her townhome? Are there any tax benefits to having a mortgage on a rental? Can she open and contribute to a Solo 401k even though she has a TSP account with her 9-to-5 employer? I also think our tax rate will be higher in retirement. Any advice?

Pre-approval 67

Pre-approval Mortgages As-is Loans 67

Marco Santarelli

JANUARY 3, 2021

In this article, we'll give you an overview of how rental property can easily be bought as a turnkey investment. The most common form of real estate investing, the “buy and hold strategy” involves purchasing a property and renting it out for an extended period of time. Should you invest in rental properties ?

Investor 105

Investor Property Management As-is Equity 105

Marco Santarelli

JULY 27, 2020

This article has been updated to reflect recent changes in the housing market of Sacramento due to the coronavirus pandemic. In the latest quarter, the real estate appreciation rate in Sacramento has been around 0.76%, which equates to an annual appreciation rate of 3.07%. Last 5 Years. from the 1,170 sales in March.

Marketing 124

Marketing Investor Land Sales 124

Marco Santarelli

OCTOBER 2, 2021

NeighborhoodScout's data show that during the latest twelve months, Milwaukee's appreciation rate, at 9.45%, has been at or slightly above the national average. In the latest quarter, Milwaukee's appreciation rate has been 1.97%, which annualizes to a rate of 8.11%. Homes in Milwaukee receive 3 offers on average.

Marketing 98

Marketing Investor As-is Sales 98

Marco Santarelli

SEPTEMBER 21, 2020

Inventory is low, prices are rising, and pent-up demand alongside low mortgage rates has the market flooded with homebuyers. However, nearly 29 percent of those surveyed said they believe San Diego home values will fall in 2020. In the past ten years, the average annual home appreciation rate has been around 5 to 6%.

Marketing 138

Marketing Construction Investor Sales 138

Marco Santarelli

JULY 9, 2021

This article has been updated to reflect recent changes in the Minneapolis real estate market due to the coronavirus pandemic. It increased by 16 percent to $342,500. With a strong economy and low mortgage rates, buyer activity has been very strong in 2021. percent from 2020, but dropped by 19.9 in home sales.

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85