Realty Biz

MARCH 21, 2023

Pending sales are an indicator of future sales, but it takes up to 40 days for pending transactions to close and not all pending sales end in deals. Home sales are sensitive to mortgage rate changes and homebuyers are taking advantage of any rate declines. from January to a seasonally adjusted annual rate of 4.58

Sales 101

Sales MLS Short sale Residential 101

Realty Biz

DECEMBER 26, 2022

While the Fed doesn’t set mortgage rates, it affects them through its conduct of monetary policy. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage averaged 6.31% as of December 15. billion of South Florida residential properties in 2022, up 34% from $5.1

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

JUNE 24, 2022

Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. Second-Best May Sales Month in History Miami’s total closed sales in May 2022 outperformed nearly every other May in history despite higher mortgage rates, lower supply, and higher sale prices.

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

SEPTEMBER 8, 2020

Total sales (closed) during July increased 35.4 Data released by Naples Area Board of REALTORS®, which tracks home listings and sales within Collier County (excluding Marco Island), showed that overall closed sales in March increased 15.8 percent to 1,148 closed sales compared to 991 closed sales in March 2019.

Marketing 105

Marketing Purchase and sale agreement Investor Closing 105

Marco Santarelli

SEPTEMBER 5, 2020

Particularly, previously-owned single-family houses compromise the majority of residential sales in the Arizona real estate market- approximately 80% of all sales. Annually, the number of previously-owned single-family homes are three to four times greater than new single-family home sales. months) but has only declined 3.5%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

SEPTEMBER 7, 2020

In July, the total closed sales amounted to 3,679, up 1.4% On the other hand, home prices continued to rise in May as closings and inventory fell. New contracts are up 8.2% year over year, and new listings are up 3.6%. The average interest rate paid by Orlando homebuyers in July was 2.97%, down from 3.04% the month prior.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

JULY 30, 2020

over the previous year, according to the latest available data from the closely watched S&P CoreLogic Case-Shiller index. Last week, the average rate on 30-year fixed-rate mortgages dipped below 3% for the first time on record and this week stood at 3.01%, down from 3.75% a year ago, according to Freddie Mac.

Marketing 139

Marketing Investor Sales As-is 139

Marco Santarelli

AUGUST 27, 2020

Closed sales increased by 34.9 of the closings for the month of July were on the market 30 days or less, in June this number was at 59.1% With 2020 being, theoretically, in the middle of a boom, there are still 4 years for residential construction to surge. You can also consider a 15-year fixed-rate mortgage.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

AUGUST 2, 2020

Residential sales in NYC were reported to be down by 25% as compared to last year. percent and closed sales were down 1.1 2020 began with increased sales activity in the New York housing market, with the year expected to be a strong one for the industry. New listings increased by 24% year-over-year. year-over-year.

Marketing 142

Marketing Sales Pre-approval Investor 142