Sun.Aug 13, 2023

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Where are mortgage rates headed?

Housing Wire

Last week ended with a wild ride for mortgage rates. We anticipated the two inflation reports could help mortgage rates, however, we had a bad bond auction last Thursday, and the 10-year yield rose sharply. Weekly active inventory grew slowly again and purchase apps were down week to week again. Weekly active listings rose by only 4,270 Mortgage rates went from 7.03% to 7.19% Purchase apps were down 3% week to week Mortgage rates and bond yields Last week we started with lower bond yields as we

Mortgages 370
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Home Prices May Have Bottomed Says New “Investor Sentiment Survey”

Bigger Pockets

Home prices were supposed to crash…right? Not quite. If you were hoping to snag a steal of a deal on your first home, we’ve got some bad news.

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How long will interest rates stay high?

Seattle Times Real Estate

The economy is approaching a pivot point, one that has many consumers wondering when rates will come back down, how quickly and how much. Many Americans await what comes next for borrowing costs.

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Foreclosures Are Rising Across the Nation, But Who Should Buy Them?

Bigger Pockets

Foreclosure can be a sensitive topic. After the embarrassment of falling behind on payments, there’s the fear of losing your home and having no place to live.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Is it possible to buy a house in your 20s? Yes, but only with some help.

Seattle Times Real Estate

For some young people, a path to homeownership often involves a mix of diligent saving combined with assistance from family or government loans and programs.

Loans 73
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Is Home Insurance Tax Deductible?

Bigger Pockets

There are some situations where you can deduct home insurance for your investment properties. Here's when you can take advantage.

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Hope for Buyers

BubbleInfo

Market conditions in the off-season will be tepid but temporary – buyers will be lying in the weeds, and sellers should wait until the 2024 Spring Selling Season. I don’t know how this sale above happened, and it doesn’t matter.

Sales 52
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Trouble with Polybutylene Pipes

Hank Miller Team

It's not usually if, it's when trouble with polybutylene pipes occurs. Polybutylene pipe (AKA PB, Poly, gray pipe) is a type of plastic plumbing pipe that was commonly used in residential water supply systems from the late 1970s to the mid-1990s. Polybutylene pipe was popular due to its low cost and ease of installation. However, it eventually fell out of favor due to concerns about its long-term durability and potential for leaks and failures.

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Top 10 Brooklyn Real Estate Listings: A Bed Stuy Rental, a Bay Ridge Row House

Brownstoner

The most popular listings on Brownstoner this week include a Sunset Park co-op, a Clinton Hill condo, and a Fort Greene brownstone. Fort Greene, Bed Stuy, and Clinton Hill were popular this week. The least expensive on the list is a Bed Stuy Rental at $2,650 a month and the most… Read More > The post Top 10 Brooklyn Real Estate Listings: A Bed Stuy Rental, a Bay Ridge Row House appeared first on Brownstoner.