Realty Biz

JUNE 24, 2022

The rapid rise in mortgage rates, from an average of 3% to 6% over the past six months, is tempering Miami real estate’s historic pace,” MIAMI Chairman of the Board Fernando Arencibia Jr. Although top sales marks are still being achieved, higher rates are starting to restore balance to the market.

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

SEPTEMBER 5, 2020

Even after suffering from the pandemic, the Phoenix housing market 2020 still comes out on top. As we saw Arizona real estate market thriving & becoming sizzling hot in the past couple of years, even the rise in mortgage rates was believed not to affect it. The average new list prices are up +15.7%

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

SEPTEMBER 7, 2020

The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%. The 15-year fixed-rate mortgage dropped to 2.44%.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 27, 2020

As more and more buyers enter the market the prices are going to increase due to tight supply. . For buyers, the inventory is relatively increasing and mortgage rates are lowest ever , so they should take advantage of scooping up their favorite deals which otherwise are taken away by seasoned investors in the bidding wars.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 8, 2020

Average days on market. The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88% in the first week of August. Single-family inventory.

Marketing 105

Marketing Purchase and sale agreement Investor Closing 105

Marco Santarelli

AUGUST 2, 2020

Home sales in the NYC housing market were down 46 percent from last year's June. Median Days on Market were 84 which was 6 days faster than last year. New listings increased by 24% year-over-year. With the phased opening of the economy, buyers have been quicker to return to the housing market. months to 5.4.

Marketing 142

Marketing Sales Pre-approval Investor 142