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Thinking of Buying a Home? Here’s Why You Should Offer Less Than Asking

Thinking of Buying a Home? Here’s Why You Should Offer Less Than Asking

by Third Party | Nov 22, 2022 | Real Estate Agent Tools, Real Estate News

Source: The Ascent —  2022 has been a bad year to be an aspiring homeowner (and until fairly recently, it was a pretty good year to be a home seller). And it’s not clear whether it will get easier in 2023, either. That said, the housing market tide may be...
The Best Day to Browse Discounted Real Estate Listings

The Best Day to Browse Discounted Real Estate Listings

by Third Party | Nov 22, 2022 | Real Estate Agent Tools, Real Estate News

Source: Life Hacker —  Though some are quick to assume that if a home has been on the market for more than a week or two, something has to be wrong with it—especially if its listing price drops—that’s not necessarily the case.   Sellers may opt to reduce the...
Institutions Increase Target Allocations To Real Estate

Institutions Increase Target Allocations To Real Estate

by Third Party | Nov 22, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Business Plus —  Institutions continue to increase target allocations to real estate, with the expectation that attractive buying opportunities will emerge over the next several years. That’s according to the 10th annual Institutional Real Estate...
One-Third of Recent Homebuyers Still Don’t ‘Shop Around’ for Mortgages

One-Third of Recent Homebuyers Still Don’t ‘Shop Around’ for Mortgages

by Third Party | Nov 21, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

Source: Fannie Mae —  For potential homebuyers, obtaining multiple mortgage quotes may not be as exciting as searching for the physical home itself, but research has shown that “shopping around” with different lenders for the best possible mortgage...
Despite Recent Dip in Mortgage Rates, Uncertainty Stalls the U.S. Real Estate Market

Despite Recent Dip in Mortgage Rates, Uncertainty Stalls the U.S. Real Estate Market

by Third Party | Nov 21, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Mansion Global —  Fluctuations in mortgage rates—combined with the ups and downs of the stock market—are creating uncertainty for both buyers and sellers, thus stalling home sales in the U.S., according to Realtor.com. Mortgage rates fell by nearly 50...
Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?

Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?

by Third Party | Nov 21, 2022 | Real Estate Agent Tools, Real Estate News

Source: Forbes —  Key Takeaways Rates for 30-year fixed rate mortgages dropped below 7% the first week of November. Rates have been moving higher for most of 2022, rising from around 3% to over 7%. More inflation and economic data needs to be released to know if...
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