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U.S. Condo Prices Jump to New Record Highs in 2022

U.S. Condo Prices Jump to New Record Highs in 2022

by Third Party | Apr 3, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: World Property Journal —  National property broker Redfin is reporting this week the typical U.S. condo sold for a record $319,000 in February 2022. That’s up 14.6% from a year earlier and 22.7% from two years earlier, just before the pandemic...
Housing Market Update: Surging Mortgage Rates and Home Prices Sideline More Buyers

Housing Market Update: Surging Mortgage Rates and Home Prices Sideline More Buyers

by Third Party | Apr 3, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  Mortgage rates are shooting up at the fastest pace in history, sending the typical monthly mortgage payment for a homebuyer up more than $500 since the beginning of this year. As rates quickly approach 5%, we expect their impact on homebuyer...
The Best Week To List Your House Is Just Around the Corner

The Best Week To List Your House Is Just Around the Corner

by Third Party | Apr 3, 2022 | News/Current Events, Real Estate News

Source: Keeping Current Matters —  Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed...
A good jobs report, but also another recession red flag

A good jobs report, but also another recession red flag

by Third Party | Apr 2, 2022 | News/Current Events, Real Estate News

Source: Housing Wire —  Today, the Bureau of Labor Statistics reported that the United States Of America created 431,000 jobs in March. We also had 95,000 positive revisions, and although this was a slight miss of estimates, it continues the solid trend of good...
Mortgage delinquencies rose for the first time in 9 months. Here’s what that means for the housing market.

Mortgage delinquencies rose for the first time in 9 months. Here’s what that means for the housing market.

by Third Party | Apr 2, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Market Watch —  Mortgage delinquencies are on the rise. Indeed, in February, the national delinquency rate rose for the first time in 9 months, largely driven by a 97,000 rise in early-stage delinquencies — or those that were 30 – 60 days past due,...
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