Calculated Risk Real Estate

AUGUST 4, 2023

According to MortgageNewsDaily.com 30-year mortgage rates are at 7.11% today for top tier scenarios. The graph below from MortgageNewsDaily.com shows 30-year mortgage rates since 2010. Excluding the runup last year, the last time we saw rates this high was in 2001. And will inventory pickup with rates over 7%?

Mortgages 98

Mortgages Closing Sales As-is 98

Realty Biz

NOVEMBER 8, 2023

Home prices have surged to record highs, while interest rates have also increased. Prices Are Up, and So Are Mortgage Rates The news isn’t great for homebuyers right now. At the same time, the average interest rate on a 30-year fixed-rate mortgage has risen to 7.19%, according to Freddie Mac.

Fixed-rate mortgage 81

Fixed-rate mortgage Marketing Pre-approval Mortgages 81

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. That is not the case today.

Mortgages 120

Mortgages Fixed-rate mortgage Banks Lending 120

McKissock

DECEMBER 13, 2021

Could the end of historically low mortgage rates be near — and could it be a good thing for real estate? For more than a year, many homebuyers have enjoyed borrowing rates lower than 3%. How Did Mortgage Rates Drop So Low? Why Are Rising Mortgage Rates a Positive Sign?

Mortgages 76

Mortgages Staging Loans Banks 76

Toronto Realty Blog

JANUARY 17, 2022

If I can pat myself on the back for two predictions that I made (repeatedly…) last December, it’s that the market would be chaotic in January, and that the government would look to “tackle” some perceived problem in the mortgage and/or housing markets as an attempt to show they’re acting on housing. Fair enough?

Development 81

Development Banks Investor Finance 81

Norada Real Estate

MAY 25, 2022

According to the Mayor of Birmingham, the city is experiencing a unique surge in energy around enhancing the city’s innovative capacity, primarily centered on the “Innovate Birmingham” initiative. Why Should You Invest in Birmingham Investment Properties? The buying rate is at 47% while renting rate is at 53%.

Investor 98

Investor Development Marketing As-is 98

Realty Biz

NOVEMBER 2, 2020

I wonder why? This surge is happening as we enter the slower fall season. Further fueling the market is the expectation that interest rates will remain extremely low. His current data (August 2020) is at a new high for confidence that the markets are on the verge of a major crash. in September from August. About half of U.S.

Sales 61

Sales Investor Residential Finance 61

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 544

Mortgages Sales As-is Construction 544

Housing Wire

JANUARY 26, 2022

In reality, as we talked about many times on HousingWire, housing data was going to moderate, find a base and work from that COVID-19 surge in the data. months at the current sales rate. The new home sales market is doing its slow and steady dance upward, which is typically the case as long as mortgage rates stay low.

Sales 446

Sales Construction Mortgages As-is 446

Housing Wire

MAY 26, 2022

As the 10-year yield broke above 1.94% and mortgage rates rose, we saw the impact on housing data. Since the summer of 2020, this has been my main talking point on what can cool down housing ; it’s a 10-year yield above 1.94% , meaning rates above 4%. Currently, home sales are falling like when rates rise. housing market.

Construction 521

Construction Bankruptcy Sales House Flipping 521

Housing Wire

FEBRUARY 3, 2023

This article is part of our 2022 – 2023 Housing Market Update series. Mortgage Rates In January, rates were hovering in the 6% range. Inflation and CPI have been leading to lower overall interest rates — specifically mortgage rates. Our data shows that mortgage rates are going to be key this year.

Marketing 370

Marketing Mortgages Sales As-is 370

Point2Homes

JUNE 6, 2021

Plus, inventory is tighter than ever at a time when demand is higher than ever, which is why home seekers’ hopes and plans are slowly starting to crumble. ” “Despite every article at the beginning of the pandemic claiming the housing market would crash, it had surged unbelievably. ” – Survey respondent.

Agents 96

Agents As-is Marketing Inspection 96

Housing Wire

NOVEMBER 22, 2021

A big part of my work since the end of 2020 is explaining to people that housing data was going to moderate because the make-up demand from COVID created a surge in sales that is very abnormal. Mother demographics and low mortgage rates can crush a lot of American bear’s hearts as they did in 2020 and 2021. million and 6.2

Sales 538

Sales Days on market Investor Mortgages 538

Toronto Realty Blog

JULY 18, 2022

Well, it appeared that within this 15-20 minute window, the Bank of Canada announced that they would raise the benchmark lending rate by 100 basis points, or a full 1.00%. One from a client: David, we just heard about the interest rate hike! What was going on? A hundred points! Ah, now the first message was in context.

Banks 95

Banks Lending Land As-is 95

HomeLight

MARCH 30, 2023

If you’re thinking about selling, slowing home sales, lower prices, and higher mortgage rates could all be sparking doubts. In this article, we talk to real estate veterans and housing market experts who lay out six reasons the rest of this year’s housing market could be more seller-friendly than most realize.

Marketing 96

Marketing Equity Agents Mortgages 96

Toronto Realty Blog

JANUARY 1, 2022

But aside from the government basically telling people, “It’s okay to not pay your rent,” and scores of gainfully-employed individuals taking advantage of this, I’d say that the decline in rent rates in Toronto was truly a big “win” for renters. Is our market really the “same old, same old?”

Construction 100

Construction Investor Equity Land 100

Marco Santarelli

SEPTEMBER 11, 2021

Because of strong buyer demand, fueled by low mortgage rates, prices are rising steadily, making now an excellent time to be a seller or current homeowner. Historically low-interest rates, tight inventory, and strong demand are continuing to favor sellers in the Indianapolis housing market.

Marketing 98

Marketing Investor Construction Sales 98

Marco Santarelli

MARCH 10, 2023

Sioux Falls Housing Market for 2023: An Overview The Sioux Falls housing market has been on a roller coaster ride for the past year, with rising interest rates, limited inventory, and affordability challenges causing fluctuations in buyer and seller behavior. Housing Supply Overview Purchases of new single-family homes increased by 7.2%

Marketing 97

Marketing New Construction Investor Due diligence 97

Marco Santarelli

JUNE 12, 2021

The closed sales surged by 84.9% That's an incredible rate of appreciation in such a huge market with an estimated population of over three million. The low mortgage interest rates are helping first-time buyers as far as housing affordability is concerned. Petersburg Clearwater MSA. to $313,900 as of April 2021.

Marketing 145

Marketing Investor Residential Sales 145

Marco Santarelli

JULY 29, 2020

Things improved further in May when pending sales and new listings surged in the Portland housing market. In the latest quarter, the real estate appreciation rate in Portland has been around 1.20%, which equates to an annual appreciation rate of 4.87%. Starting in March, people began losing jobs at an alarming rate.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

JULY 24, 2020

This article has been updated to reflect recent changes in the housing market of San Francisco due to the coronavirus pandemic. This makes many wonders why or how anyone could live there. Others would think why you’d want to buy a property now in such an overvalued real estate market. Closed sales saw a decline of 8.9%

Marketing 144

Marketing Investor Sales As-is 144

Marco Santarelli

AUGUST 10, 2020

Let’s discuss a bit about Austin before discussing why you’d want to invest in its real estate market in 2020. The Austin real estate appreciation rate in the last quarter was around 0.83%, which amounts to an annual rate of 3.36%. However, pending sales slightly increased by 2% to 20,389 pending sales. over the past 10 years.

Marketing 141

Marketing Residential Investor Sales 141

Toronto Realty Blog

APRIL 16, 2021

They are likely buying in cash, but who knows, they might take a small mortgage because money is cheap. At 2.29% for a 25-year amortization, on a 5-year fixed-rate mortgage, they would carry this for $2,100.36 My colleague is literally laughing, the price is so outrageous. The buyers are overseas.

Pre-qualification 65

Pre-qualification Development As-is Fixed-rate mortgage 65

Marco Santarelli

AUGUST 26, 2020

Homebuyers are trying to take advantage of lower interest rates, and the local real estate agents are struggling to meet the demand. According to local realtors, as buyers seek to cash in on record-low interest rates the market is predicted to remain this way until at least April of next year. from a year ago). Typically 6.5

Marketing 141

Marketing Investor Sales As-is 141

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. With a strong economy and low mortgage rates, buyer activity has been very strong in 2021. We'll be discussing the housing market trends for the Twin Cities Metro Area in 2021. percent compared to 2019.

Marketing 85

Marketing Purchase and sale agreement Investor Construction 85

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%. In May, the median sales price decreased by 1.3%

Marketing 124

Marketing Investor Land Sales 124

Marco Santarelli

AUGUST 27, 2020

Houisng prices are at record levels, with historically low-interest rates, strong demand, and tight housing supply. The new businesses are propping up at a much faster rate than the national average. New businesses are being created at a much faster rate than the national average. However, it has managed to avoid total collapse.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

AUGUST 21, 2020

Let’s discuss a bit about Miami and the metro area before discussing why you’d want to invest in its real estate market. Their data show that during the latest twelve months, Miami's appreciation rate, at 5.34%, has been at or slightly above the national average. In the latest quarter, Miami's appreciation rate has been 0.30%.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

DECEMBER 25, 2020

Starting at just $100,000, the Atlanta investment properties have an annual appreciation rate of over 5%. Starting at just $100,000, the Atlanta investment properties have an annual appreciation rate of over 5%. In this article, we shall discuss some of the best neighborhoods in Atlanta where you can buy investment properties.

Investor 105

Investor Construction New Construction Development 105

Marco Santarelli

SEPTEMBER 22, 2020

In 2018, the Chicago real estate appreciation rate was running at about half the national rate; at a 3 percent range when the nation was at 6 percent. The real estate appreciation rate in Chicago in the latest quarter was around 0.04% which equates to an annual appreciation of 0.15%. in July 2019 to 4.3 in July 2020.

Marketing 140

Marketing Sales Investor As-is 140

Marco Santarelli

MARCH 15, 2021

Low-interest rates, tight supply, and high buyer-demand will keep the market hot and exert even more upward pull on house prices. With low inventory and low-interest rates for buyers, both Philadelphia and surrounding counties have seller’s markets right now. This was a significant acceleration from the previous quarter’s rate of 0.7%.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

SEPTEMBER 7, 2020

” The real estate appreciation rate in Orlando in the latest quarter was around 0.69% which equates to an annual appreciation forecast of 2.79%. Even small changes in the appreciation rate can change the long-term value of buying considerably. Much of it is dependent on factors you can’t control. lower than June of 2019.

Marketing 126

Marketing Investor Sales As-is 126

Redfin

MARCH 16, 2023

Rising costs of housing combined with high inflation rates have placed a large financial burden for many people. In 2020, 46% of all households had unaffordable rent or mortgage payments, meaning they spent more than 30% of their income on housing. Wait times vary throughout the country, but the average is about 28 months.

Property Management 62

Property Management Development As-is Closing 62

Marco Santarelli

JULY 30, 2020

The inventory still remains tight, and with the surge in the Covid-19 cases, sellers may back out again to further decrease the listings. The real estate appreciation rate in Los Angeles is predicted to remain a bit modest throughout this year. In LA county, the jump in the existing home sales was the highest from May, at 37.50%.

Marketing 139

Marketing Investor Sales As-is 139

Marco Santarelli

SEPTEMBER 14, 2020

We shall also discuss some important reasons why you may want to consider buying Dallas investment properties in 2020. With 2020 being, theoretically, in the middle of a boom, there are still 4 years for residential construction to surge. The market started cooling off in the last quarter of 2019 but it is beginning to heat up now.

Marketing 135

Marketing Investor Sales As-is 135

Marco Santarelli

SEPTEMBER 4, 2021

The surge in demand due to housing shortage combined and fewer new construction has led to a sharp increase in house values in recent years. Reno real estate appreciation rates are quite strong. Reno's 12-month appreciation rate of 7.86% is higher than 71.86 Reno's 12-month appreciation rate of 7.86% is higher than 71.86

Marketing 105

Marketing Investor Sales As-is 105

Marco Santarelli

AUGUST 4, 2020

A huge number of homes went under contract in May after COVID-19-related stay-at-home orders expired which led to a surge of closings in June. The real estate appreciation rate in Houston in the latest quarter was around -0.44% which equates to an annual appreciation rate of -1.74%—which indicates that the prices are not going to rise.

Marketing 141

Marketing Investor Sales As-is 141