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New Home Sales Increase in May Before Fed June Rate Rise

New Home Sales Increase in May Before Fed June Rate Rise

by Third Party | Jun 26, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: NAHB —  After posting four consecutive monthly declines on rising mortgage rates and worsening affordability conditions, new home sales posted a solid gain in May as some buyers rushed into the market in advance of the Federal Reserve’s June interest...
What Is an Escalation Clause in Real Estate and When Should You Use One?

What Is an Escalation Clause in Real Estate and When Should You Use One?

by Third Party | Jun 25, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Realtor —  What is an escalation clause in real estate, and how does an escalation clause work? When you’re deciding on what price to offer on a home, the situation might call for a single price or, in some cases, numerous prices via an escalation...
How To Reinvent Yourself & Your Business Enterprise

How To Reinvent Yourself & Your Business Enterprise

by Dan Harkey | Jun 25, 2022 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315  | e: [email protected]  Most people follow a strategy they perceive as prudent and well thought out until they discover it no longer works. What should they do? The results they have...
Existing-home sales dip again as median prices reach historic heights

Existing-home sales dip again as median prices reach historic heights

by Third Party | Jun 25, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Scotsman Guide —  Existing-home sales fell for the fourth straight month in May, sliding to a two-year low as median prices topped $400,000 nationally for the first time ever, according to the National Association of Realtors (NAR). Total sales ended May...
Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

by Third Party | Jun 25, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Keeping Current Matters —  If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May...
Home Flips Are Up, But Raw Profits Hit 13-Year Low

Home Flips Are Up, But Raw Profits Hit 13-Year Low

by Third Party | Jun 24, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: National Mortgage Professional —  ATTOM released its first-quarter 2022 U.S. Home Flipping Report showing that home flips are up in the first quarter, while profits have sunk to a 13-year low.  The report shows 114,706 single-family houses and...
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