Housing Wire

SEPTEMBER 22, 2022

“Now the Fed has signaled that it will hike rates several more times this year and next year, so mortgage rates have plenty of room to go up even more.”. We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. Existing home sales are down 19.9%

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Mortgages Loan Officer Pre-approval Fixed-rate mortgage 411

Realtor.com

NOVEMBER 7, 2022

. “You will find these incentives explained on websites, social media, signs, and other places a builder might advertise to the public,” explains Kimberly Mackey , founder of New Homes Solutions and a sales and marketing management consultant specializing in residential homebuilding.

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Housing Wire

OCTOBER 21, 2020

Fratantoni brought up this point, saying that short-term rates will stay at 0% at least until 2022 and said that we will see a very cautious Fed when it comes to raising rates from here. However, he forecasted that rates will steadily rise over the next year. Housing inventory and prices.

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Mortgages FHA loan Fixed-rate mortgage Loans 397

Marco Santarelli

APRIL 20, 2024

Soaring home prices fueled by historically low mortgage rates created a frenzy of buyer activity. Rising interest rates have cooled buyer enthusiasm, leading to slower sales and questions about the future. Regional Variations: Similar to home prices , the availability of homes for sale will likely vary by region.

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Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. This interview has been edited for length and clarity.

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Housing Wire

JANUARY 10, 2022

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. for 30-year fixed-rate loans. for 30-year fixed-rate loans.

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Marketing FHA loan Fixed-rate mortgage Loans 545

Realtor.com

MAY 3, 2021

This time around, the reason for the out-of-control prices is simply that there are many more buyers than there are properties for sale. Crazy, it seems, is the new normal. List prices are expected to continue rising to meet sale prices, but the annual increases won’t be nearly as brutal.

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Marketing Fixed-rate mortgage Mortgages Land 144

Marco Santarelli

AUGUST 5, 2020

Here are the updated national housing market trends— home prices, inventory, sales, and forecast. If you're wondering what the state of the housing market 2020 will be like over the next twelve months, especially if you're an investor, then here is some good news for you. month supply at the current sales pace. from a year ago.

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Marketing Fixed-rate mortgage Sales Mortgages 145

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.

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Marco Santarelli

SEPTEMBER 5, 2020

It could only pause sales, which in turn created a huge pent up demand. The Phoenix real estate market has not only recovered after a slump due to COVID-19 but the demand has reached new heights. The annual real estate appreciation rate is in double digits. In July, the median sales price — up 3.3% for the last 12 months.

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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

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Marco Santarelli

SEPTEMBER 8, 2020

percent increase in pending sales for the month. Total sales (closed) during July increased 35.4 Data by Realtor.com also corroborates that in July 2020, the Naples housing market was a seller’s market, which means there were roughly more buyers than there were active homes for sale. percent year over year. This was a 27.5

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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. to a new level of $553,000. Jump in sales was 48%. All the six counties of southern California saw an increase in sales as compared to May. In Los Angeles County, sales rose 40.8% year-to-year.

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