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As rates rise and expectations shift, more sellers dropping asking prices

As rates rise and expectations shift, more sellers dropping asking prices

by Third Party | Jul 3, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Scotsman Guide —  With affordability hovering around all-time lows and buyer activity on the decline, more and more home sellers are recalibrating their expectations and adjusting their asking prices, according to a new report from Redfin. The median...
Real estate, rents continue to climb as housing crunch continues

Real estate, rents continue to climb as housing crunch continues

by Third Party | Jul 2, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: AZPM —  Housing of all types has gotten pricier in Tucson since the COVID-19 pandemic. On the real estate market, home prices have gone up 50 percent in the past two years, while rents have gone up by a third. “You’re seeing a lot of people...
Biggest Winners and Losers in a Housing Market Crash, According to Experts

Biggest Winners and Losers in a Housing Market Crash, According to Experts

by Third Party | Jul 2, 2022 | News/Current Events, Real Estate News

Source: Newsweek —  Soaring home prices, rising mortgage rates, a 40-year inflation high and other factors are fueling concerns that the U.S. housing market could crash. While some experts have doubts about whether such a crash would match the severity...
A 3% Mortgage? Leveraging Your Stocks to Buy a Home

A 3% Mortgage? Leveraging Your Stocks to Buy a Home

by Third Party | Jul 2, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Bloomberg —  There may be signs the overheated housing market is cooling, but many buyers still feel like it’s near-impossible to get a house without an all-cash offer, or something close to it. One way to get your hands on that amount of cash is to...
The Best Tips for Finding a Home Virtually

The Best Tips for Finding a Home Virtually

by Third Party | Jul 1, 2022 | Industry Updates, Real Estate News

Source: Realty Biz News —  Would you buy a home you’ve never seen in person? That’s exactly what more and more home buyers are doing, thanks to changes in the real estate industry brought on by COVID-19, and the rapid development of sophisticated technology that...
Homeownership Could Be in Reach with Down Payment Assistance Programs

Homeownership Could Be in Reach with Down Payment Assistance Programs

by Third Party | Jul 1, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a...
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