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Redfin Reports Sale Prices Flatten, Demand for Mortgages Falls as Mortgage Rates Climb

Redfin Reports Sale Prices Flatten, Demand for Mortgages Falls as Mortgage Rates Climb

by Third Party | Feb 25, 2023 | Mortgage Information, News/Current Events

Source: Yahoo! —  As mortgage rates rise, serious homebuyers are scarce. But plenty of people are searching for homes online and touring them, waiting until rates decline to buy. SEATTLE, February 23, 2023–(BUSINESS WIRE)–(NASDAQ: RDFN) — The median...
The Fed’s own economists are ringing the recession alarm – and warning stocks and real estate prices could tumble

The Fed’s own economists are ringing the recession alarm – and warning stocks and real estate prices could tumble

by Third Party | Feb 25, 2023 | Industry Updates, Real Estate News

Source: Markets Insider —  The Federal Reserve’s own economists have just warned the US could suffer a recession this year. They’ve raised the alarm about stocks and real-estate prices  — which they say are aggressively valued and could plummet — and...
U.S. Housing Market Stalls as Mortgage Rates Edge Up Again

U.S. Housing Market Stalls as Mortgage Rates Edge Up Again

by Third Party | Feb 25, 2023 | Mortgage Information, News/Current Events

Source: World Property Journal —  National property broker Redfin is reporting this week that many U.S. homebuyers are retreating back to the sidelines as mortgage rates ascend toward 7 percent. Redfin’s Homebuyer Demand Index — a measure of requests...
Home Prices Just Hit the Skids: ‘The Balance Is Shifting’

Home Prices Just Hit the Skids: ‘The Balance Is Shifting’

by Third Party | Feb 25, 2023 | Real Estate News, U.S. Housing Market

Source: Realtor.com —  The housing market today remains in a hazy no man’s land, with neither buyer nor seller willing to surrender what little control they have. Buyers face the dual enemies of high home prices and mortgage rates, which have been bouncing...
How can a real estate agency become profitable quickly and effectively?

How can a real estate agency become profitable quickly and effectively?

by Third Party | Feb 24, 2023 | Real Estate Agent Tools, Real Estate News

Source: Estate Agent Today —  Let’s imagine that you are launching a real estate business. It appears like a brilliant notion to run a firm without using pricey tangible assets or special developments. But nothing is as easy as it seems. Entrepreneurs are...
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