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‘A real estate bottom?’ More homebuyers jump back in as the year kicks off

‘A real estate bottom?’ More homebuyers jump back in as the year kicks off

by Third Party | Jan 25, 2023 | News/Current Events, Real Estate News

Source: Yahoo! News —  Real estate agents confirm what housing data is starting to show: More homebuyers are emerging from their self-imposed hibernation. The volume of mortgage applications for home purchases rose 25% week over week, the Mortgage Bankers...
HOW TO INCREASE YOUR LOCAL RANKINGS AS A REAL ESTATE AGENT

HOW TO INCREASE YOUR LOCAL RANKINGS AS A REAL ESTATE AGENT

by Third Party | Jan 25, 2023 | Real Estate Agent Tools, Real Estate News

Source: Realty Biz News —  It may surprise you to learn that homes cost an average of over $350,000 as of 2022. The increase in housing prices has generated a large amount of interest in working as a real estate agent. This is simply due to the higher...
Mortgage rate buydowns are on the rise as homebuyers cope with high interest rates

Mortgage rate buydowns are on the rise as homebuyers cope with high interest rates

by Third Party | Jan 24, 2023 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: USA Today —  Anna Raymond was ready to make the switch from renting to owning a home last spring. But after five failed offers, she and her husband decided to take a step back from house hunting.   Then, in December, their real estate agent presented an...
The 10 best cities to buy a home in 2023 are all in the South

The 10 best cities to buy a home in 2023 are all in the South

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

Source: CNBC —  Even with rising homeownership costs squeezing out buyers, some real estate markets will remain hot in 2023, mostly due to their relative affordability compared with the rest of the U.S., a new forecast finds. The top places have something else...
First-time homebuyers are ‘royally screwed’

First-time homebuyers are ‘royally screwed’

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

Source: Insider —  Lawrence Talej was ready to buy his first house.  It was late 2019, and Talej, then a 26-year-old software developer, had saved up for a down payment while living with his parents in a suburb near Richmond, Virginia. After looking at a few...
U.S. Existing-Home Sales Slid Last Year as Interest Rates Surged

U.S. Existing-Home Sales Slid Last Year as Interest Rates Surged

by Third Party | Jan 23, 2023 | Real Estate News, U.S. Housing Market

Source: Mansion Global —  U.S. existing-home sales fell last year to their lowest level since 2014, as surging mortgage rates made home purchases too expensive for many buyers. Sales of previously owned homes, which make up most of the housing market, slid 17.8%...
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