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...
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...
Source: CNBC — Cleveland Federal Reserve President Loretta Mester said Monday inflation will need to show more signs of progress before she’s ready to stop advocating for interest rate increases. While acknowledging that recent data has been encouraging, the...
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...
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...
Source: KREM 2 News — SPOKANE, Wash. — It can feel like the housing market is constantly changing. Taking a snapshot of the market in both eastern Washington and north Idaho Fall 2022, who do realtors say is on top? Buyers or sellers? Our local real estate...