Housing Wire
FEBRUARY 18, 2022
Homebuyers flocked to what little inventory existed in January, with existing-home sales rising 6.7% January sales fell 2.3% The supply of homes for sale fell to a record low, down 16.5% The supply of homes for sale fell to a record low, down 16.5% Sales of homes priced above $1 million were up 39%. .
Housing Wire
NOVEMBER 25, 2020
Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Those markets I’m able to put a little bit less money in but also make a comfortable amount of return,” said Bijan Green, a Denver-based real estate investor. “A
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Housing Wire
JULY 20, 2023
Mortgage rates dropped to 6.78% this week, the biggest weekly decline since mid-March, as investors digested a raft of mixed incoming economic data. Still, the ongoing shortage of previously owned homes for sale has been a detriment to homebuyers looking to take advantage of declining rates.
Housing Wire
JANUARY 18, 2024
However, as purchase demand continues to thaw, it will put more pressure on already depleted inventory for sale,” said Sam Khater, Freddie Mac’s chief economist. Housing starts declined 9% in 2023, an indication that homebuyers looking to purchase a new construction home may continue to struggle with the lack of inventory this year.
Housing Wire
JUNE 29, 2023
Mortgage rates little changed this week as investors assessed Federal Reserve Chairman Jerome Powell ’s latest comments on rate hikes. New home sales have rebounded more robustly than the resale market due to a marginally greater supply of new construction. by year-end.”
Norada Real Estate
JANUARY 27, 2023
When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.
Housing Wire
JULY 6, 2023
Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. Economic resilience is taking investors aback. Consumer spending keeps growing, as do auto sales, which were expected to soften. By contrast, the 30-year was at 5.30% a year ago at this time.
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