Source: Mortgage News Daily — It was yet another tough week for the mortgage market with rates rising to their highest levels since 2009, but how high have they actually risen? There’s a correct answer and then there’s the answer that can be gleaned from...
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: [email protected] There are multiple methods for determining a property’s value, including market value and appraised value. There are also numerous definitions of value conclusions...
Source: RisMedia — A quick look at the U.S. housing market earlier this winter indicated some cooling from the early days of the pandemic. In February, the National Association of REALTORS® (NAR) reported that existing home sales were down 7.2%. This came on...
Source: Redfin — The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, up from 9% a year earlier. The 5.9% increase is the largest annual gain on record in Redfin’s weekly housing data back...
Source: Apartment Therapy — If you have a small living space, there’s not much you can do about longing for enough seating to accommodate all your guests or a space large enough to fit that extra-large couch you’ve been eyeing. However, you can make your living...
Source: CNBC — For the first time in years, Americans are in a period of rising interest rates. The Federal Reserve on Wednesday raised its benchmark rate a half-point, to cool down inflation that’s the highest consumers have seen in 40 years. In addition, Fed...