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Inflation, interest rates creating real estate ‘headwind’: Ross Perot Jr.

Inflation, interest rates creating real estate ‘headwind’: Ross Perot Jr.

by Third Party | May 28, 2022 | Uncategorized

Source: Fox Business —  Billionaire businessman and The Perot Group and Hillman Chairman Ross Perot Jr. predicted a real estate slowdown on “Mornings with Maria” Wednesday, noting that rising inflation and interest rates are creating a...
Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding

Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding

by Third Party | May 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Redfin —  Sun Belt metros are leading the way when it comes to building new homes–and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge. Austin, TX had 31.1 single-family...
These Are the Best Types of Wood for Furniture, Flooring, and Cabinets

These Are the Best Types of Wood for Furniture, Flooring, and Cabinets

by Third Party | May 28, 2022 | Real Estate Agent Tools, Uncategorized

Source: Apartment Therapy —  If you’ve ever set foot in a home improvement store, you’ve probably noticed a lot of one material: wood. And you’ve probably noticed it in your own home, too — or perhaps even installed it yourself.   Wood has many practical...
Housing Market Update: Nearly 1 in 5 Sellers is Dropping Their Price, the Highest Rate Since October 2019

Housing Market Update: Nearly 1 in 5 Sellers is Dropping Their Price, the Highest Rate Since October 2019

by Third Party | May 28, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  Measures of homebuying competition are plateauing as early-stage demand posts its biggest annual decline since April 2020. However, mortgage rates may have leveled off, which could prevent demand from dropping even further. The housing market...
Real estate industry ‘desperate’ for more inventory: Corcoran CEO

Real estate industry ‘desperate’ for more inventory: Corcoran CEO

by Third Party | May 28, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Fox Business —  Pamela Liebman, president and CEO of The Corcoran Group, argued on Wednesday that the real estate industry is “desperate” for more inventory and if more homes become available, it “will really help everybody.” She...
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