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Why Summer Is a Great Time To Buy a Vacation Home

Why Summer Is a Great Time To Buy a Vacation Home

by Third Party | May 29, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start...
Home Sellers in Migration Hotspots Increasingly Turn to Price Drops

Home Sellers in Migration Hotspots Increasingly Turn to Price Drops

by Third Party | May 29, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  The sudden surge in mortgage rates has reduced homebuyers’ budgets in many markets, forcing sellers to reset their price expectations. Price drops are becoming increasingly common, particularly in relatively affordable places that have seen...
How Buying or Selling a Home Benefits the Economy and Your Community

How Buying or Selling a Home Benefits the Economy and Your Community

by Third Party | May 29, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact,...
Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding

Austin, Raleigh and Other Popular Sun Belt Metros Lead the Nation in Homebuilding

by Third Party | May 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Redfin —  Sun Belt metros are leading the way when it comes to building new homes–and they need them, with scores of buyers moving in from other parts of the country, causing inventory to dwindle and prices to surge. Austin, TX had 31.1 single-family...
Housing Market Update: Nearly 1 in 5 Sellers is Dropping Their Price, the Highest Rate Since October 2019

Housing Market Update: Nearly 1 in 5 Sellers is Dropping Their Price, the Highest Rate Since October 2019

by Third Party | May 28, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  Measures of homebuying competition are plateauing as early-stage demand posts its biggest annual decline since April 2020. However, mortgage rates may have leveled off, which could prevent demand from dropping even further. The housing market...
Real estate industry ‘desperate’ for more inventory: Corcoran CEO

Real estate industry ‘desperate’ for more inventory: Corcoran CEO

by Third Party | May 28, 2022 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Fox Business —  Pamela Liebman, president and CEO of The Corcoran Group, argued on Wednesday that the real estate industry is “desperate” for more inventory and if more homes become available, it “will really help everybody.” She...
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