Realty Biz

MAY 21, 2023

Rates leveled off before recently rising again. Rates on March 1, 2022 were 3.90%. Home sales are sensitive to mortgage rate changes. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.35% as of May 11. Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 1.3%

Sales 92

Sales Short sale Fixed-rate mortgage MLS 92

Realty Biz

MARCH 21, 2023

Home sales are sensitive to mortgage rate changes and homebuyers are taking advantage of any rate declines. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage is 6.60% as of March 16. The tech industry offers some of the highest-paying jobs.

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. Miami Distressed Sales Remain Low, Reflecting Healthy Market Only 1.7%

Sales 92

Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

JUNE 24, 2022

On the same $300,000 mortgage, the monthly payment has risen from $1265 in December to $1800 today, according to NAR. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage was 5.23% in May, up from 4.98% in April. The mortgage rate is projected to land at 5.3%

Sales 78

Sales Short sale Mortgages Fixed-rate mortgage 78

Marco Santarelli

SEPTEMBER 7, 2020

After three months of year-over-year declines, sales in July have bounced back. The report for August is not available yet but sales are expected to do much better than July due to pent up demand. The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets.

Marketing 126

Marketing Investor Sales As-is 126

Marco Santarelli

AUGUST 27, 2020

With the reopening of its economy, the Las Vegas real estate industry is looking forward to how the business can be conducted in the wake of the new normal. The Las Vegas real estate market is entirely brimming with new businesses. It isn’t just about casinos, medicine is a growing industry as well. year-over-year.

Marketing 128

Marketing Purchase and sale agreement Investor Sales 128

Marco Santarelli

SEPTEMBER 5, 2020

At the same time, the industry is adapting to the current environment by conducting business using technologies such as virtual showings and e-signing to help buyers and sellers with their housing needs in the face of these challenges. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%.

Marketing 135

Marketing Purchase and sale agreement Investor Sales 135