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. houisng markets for the foreseeable future.

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Broke Agent Media

MARCH 22, 2023

This market is not as frenzied as it was during the last two years, but home buyers might start to feel some déjà vu at the dearth of options. As it stands now, the 30-year fixed is hovering around 6.6% , which, while a welcome departure from 7% earlier this month, is still high enough to keep would-be sellers on the sidelines.

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Sales Fixed-rate mortgage Mortgages Short sale 98

Marco Santarelli

SEPTEMBER 7, 2020

We’ll be discussing the latest Orlando real estate market trends & statistics to find out how they can affect the investors and homebuyers in the next six to twelve months. 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.

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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. In July, the median sales price — up 3.3%

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Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

AUGUST 27, 2020

The Las Vegas housing market is literally on fire amid the pandemic. The booming Las Vegas real estate market was impacted by the ongoing pandemic but things are turning back to normal. The economic uncertainty and massive job losses directly affected its housing market as well. Closed sales increased by 34.9 It was a 1.5

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Marketing Purchase and sale agreement Investor Sales 128

Realty Biz

SEPTEMBER 23, 2021

1 market for foreign homebuyers. Miami existing condo sales are up in all price ranges in August 2021, with major transaction increases in properties selling at $300K and above. Lack of inventory in certain price points is impacting sales, particularly for single-family homes. months, which indicates a seller’s market.

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Sales Fixed-rate mortgage Short sale Equity 104

Broke Agent Media

MAY 23, 2023

months’ supply at the current monthly sales pace. The NAR report relies heavily on median sale prices, while KCM founder Steve Harney points out how misleading those numbers can be, especially in today’s market. Seventy-three percent of existing homes sold in April spend less than a month on the market. I did the math.

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Sales Fixed-rate mortgage Days on market Short sale 52

Realty Biz

MAY 21, 2023

Miami-Dade County $1 million+ luxury home sales continued outperforming pre-pandemic levels as total median sale prices rose once again as the market leads the nation in real estate appreciation, according to April 2023 statistics released by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.

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Sales Short sale Fixed-rate mortgage MLS 92

RIS Media

DECEMBER 22, 2020

Bill Banfield, Rocket Mortgage Executive Vice President of Capital Markets, offered the following insight on the report. The big story of 2020 in the housing market has been the fact that not even a pandemic could dampen Americans’ drive for a new space to call home. month supply at the current sales pace, down from 2.5

Sales 98

Sales Fixed-rate mortgage Short sale Mortgages 98

Realty Biz

MARCH 21, 2023

Unlike other parts of the country, the Miami market continues to see price appreciation and sales are on par or above pre-pandemic 2019 transactions. Property prices in Miami continue to rise, albeit at a more modest rate. Miami February 2023 Condo Sales Rise vs. February 2019 Miami's February 2023 total sales decreased 39.9%

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Realty Biz

FEBRUARY 21, 2021

Record-low interest rates; a robust S&P 500; the appeal of stable assets in a volatile economy; homebuyers leaving tax-burdened Northeastern states to purchase in Florida (no state income tax); and work-from-home and remote-learning policies have all combined to create a robust market for luxury single-family properties.

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Sales Short sale FHA loan Fixed-rate mortgage 91

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. nationally.

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Sales Short sale Mortgages Fixed-rate mortgage 92

Realty Biz

JUNE 24, 2022

“Although top sales marks are still being achieved, higher rates are starting to restore balance to the market. Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. Mid-market condo sales are increasing because that’s where the higher inventory is.

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Sales Short sale Mortgages Fixed-rate mortgage 78

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. It’s often presented as a percentage of the fair market value. Assignment.

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