Marco Santarelli

DECEMBER 6, 2023

The dip in mortgage rates is attributed to expectations that the Federal Reserve has concluded its interest rate hikes and may even consider cutting them early next year. After reaching a peak near 8% in October, the retreat in mortgage rates is anticipated to stimulate housing inventory and sales.

Mortgages 103

Mortgages Fixed-rate mortgage Loans Commercial 103

Housing Wire

APRIL 14, 2022

government bonds or GSE-related [government-sponsored enterprise] securities, then interest rates will rise even further. . The soaring federal deficit requires even more buyers of bonds, and some government bond sales may make it more difficult to issue MBS securities, unless with higher interest rates.”.

Marketing 378

Marketing Purchase and sale agreement Investor Banks 378

Realty Biz

DECEMBER 26, 2022

Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go, it is poised to end 2022 as its second-biggest sales year ever, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

APRIL 19, 2024

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. Redfin reported that in January 2024, the American median home sale price was approximately $402,000. The 30-year fixed-rate mortgage rate was at 6.6

Marketing 90

Marketing Fixed-rate mortgage Construction Residential 90

Realty Biz

JUNE 24, 2022

Miami-Dade County real estate posted its 10th-highest total existing home sales month in history and its second-best May sales month ever, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami’s existing condo sales decreased 7.9% Single-family home sales decreased 12.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. The closer, the better.

Mortgages 519

Mortgages Marketing Lending Loans 519

Marco Santarelli

NOVEMBER 4, 2023

This means that the supply of homes for sale is greater than the demand for homes. First, mortgage rates have increased significantly in 2023, making it more expensive to buy a home. Second, the supply of homes for sale has increased in Fort Worth. Decline in Closed Sales : Closed sales are down by 8.9

Marketing 97

Marketing Investor Fixed-rate mortgage Mortgages 97

McKissock

MAY 30, 2023

From the ongoing debt ceiling debate to employment trends, inflation concerns, fluctuating interest rates, and the state of the commercial real estate market, it is important to understand the implications of these factors on the overall economy. Existing home sales In April, existing home sales hit a three-month low, falling 3.4%

Banks 73

Banks Commercial Construction Fixed-rate mortgage 73

Housing Wire

AUGUST 25, 2022

Home prices have remained stubbornly high , and there’s tens of billions of dollars in homes for sale beyond the conventional loan limits set by Fannie Mae and Freddie Mac. in the second quarter from the first quarter to $135 billion, according to Inside Mortgage Finance estimates. .” Jumbo loan volume increased 3.1%

Mortgages 387

Mortgages Equity Loans Seller concession 387

The Residential Specialist

OCTOBER 19, 2021

The 2020/2021 market has been defined by “a lack of homes for sale relative to demand,” says Gay Cororaton, National Association of REALTORS ® senior economist, director of Housing and Commercial Research. Interest rates will rise, but not enough to dampen demand.

Marketing 105

Marketing Equity Fixed-rate mortgage Construction 105

Marco Santarelli

DECEMBER 22, 2020

On the courthouse steps, this property will be auctioned for sale. As long as you comply with the timing and the noticing, then that sale goes through. A mortgage is different from a Deed of Trust in that you have to go to court to get the court to foreclose on the property for you. Fixed-Rate Mortgage Loans.

Mortgages 122

Mortgages Purchase and sale agreement Fixed-rate mortgage Loans 122

Toronto Realty Blog

JANUARY 6, 2021

from February to November, despite the average TRREB sale price being up 5.0% There’s more for sale and fewer people are buying it, so prices, as a result, have to drop. I’ll save you the obvious math here; the ratio of leases-to-sales in downtown Toronto is 3.49 Just consider the sales below $600,000 again.

Fixed-rate mortgage 119

Fixed-rate mortgage Banks Lending Mortgages 119

Marco Santarelli

SEPTEMBER 5, 2020

It could only pause sales, which in turn created a huge pent up demand. In July & August, the Phoenix was a hot seller’s real estate market, which means there were roughly more buyers than there were active homes for sale. The annual real estate appreciation rate is in double digits. in a single month, and up 12.5%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

SEPTEMBER 7, 2020

After a big slump in real estate sales and activity during April, May, and June, home sales have bounced back in the Metro Orlando housing market. In July, the total closed sales amounted to 3,679, up 1.4% The median sales price in Orlando for all home types sold in July was $270,000, which marked a 9.2% from June 2020.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 27, 2020

According to the association of local realtors (LVR), July had the most amount of home sales since 2017 with more than 4,000 existing homes sold. In July, the median sales price of previously owned single-family homes, which comprises of the bulk of the Southern Nevada's housing market, increased to $330,000, a year-over-year increase of 8.9

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

JULY 30, 2020

Home sales dropped over the past couple of months but prices remain high. In June, we saw a rebound in home sales. Jump in sales was 48%. All the six counties of southern California saw an increase in sales as compared to May. 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

AUGUST 2, 2020

Our main focus would be on the last month's housing prices and sales statistics in NYC. The median sales price in the NYC hit $718,000 in June for the highest figure year-to-date. Residential sales in NYC were reported to be down by 25% as compared to last year. The median home sale price in Manhattan was $1M.

Marketing 142

Marketing Sales Pre-approval Investor 142

Toronto Realty Blog

SEPTEMBER 7, 2023

Even if mortgage delinquencies doubled , we’d still only be back to 2019 levels. One of my investors was on a fixed-rate mortgage and his mortgage rate is going to skyrocket as of October 1st, so he sold the unit in the summer to avoid being significantly cash flow negative on the property.

Marketing 80

Marketing Land Development Banks 80