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Hopes are High for a Spring Rebound in Mid-Atlantic Housing Market

Hopes are High for a Spring Rebound in Mid-Atlantic Housing Market

by Rick Grant | Feb 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market

Homeowners may be coming to terms with 6% mortgage interest rates, which could point to a better spring home buying season, at least in the Mid-Atlantic region. That’s according to the January Housing Market Report released by Bright MLS today.   “After record...
The Federal Reserve is likely to hike interest rates again. What that means for you

The Federal Reserve is likely to hike interest rates again. What that means for you

by Third Party | Feb 10, 2023 | Real Estate News, U.S. Housing Market

Source: CNBC —  The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting. This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace...
The Essential Guide to Home Inspections

The Essential Guide to Home Inspections

by Third Party | Feb 10, 2023 | Real Estate Agent Tools, Real Estate News

Source: Point2Homes —  The process of buying a new home can be long and challenging and, you’ll find that there are many steps to follow if you want to get it right. The home inspection is a key step, but it’s also one that people are often tempted to skip to...
The Battle of Housing Costs: Cities Where Renters & Owners Have it Better

The Battle of Housing Costs: Cities Where Renters & Owners Have it Better

by Third Party | Feb 9, 2023 | News/Current Events, Real Estate News

Source: Point2Homes —  Canadian homeowners spend 24% (or almost $300) more than renters on monthly shelter costs. Major Ontario cities boast the most expensive housing costs: Homeowners in 9 cities (including Toronto, Brampton and Markham) pay more than $2,000 a...
How Long Do Californians Stay in Their Homes Before Selling?

How Long Do Californians Stay in Their Homes Before Selling?

by Third Party | Feb 9, 2023 | Real Estate Agent Tools, Real Estate News

Source: Point2Homes —  Key Highlights: California’s 30 largest cities posted significant differences in homeowner tenure in 2022: Salinas residents spent 9.3 years in their home before selling it, while owners in Elk Grove who changed homes did so after just 2.3...
St. George’s growth and progress depends on water, mayor says at State of the City address

St. George’s growth and progress depends on water, mayor says at State of the City address

by Third Party | Feb 9, 2023 | News/Current Events, Real Estate News

Source: The Salt Lake Tribune —  St. George • As far as southern Utah’s largest city has come, its future growth and progress is largely dependent on water, St. George Mayor Michele Randall said Tuesday during her State of the City address. Speaking to an...
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