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Inflation soars in Phoenix, Atlanta, Tampa as homebuyers arrive

Inflation soars in Phoenix, Atlanta, Tampa as homebuyers arrive

by Third Party | May 10, 2022 | Industry Updates, Mortgage Information, Real Estate News, Uncategorized

Source: Fox Business —  Phoenix, Tampa and Atlanta are seeing some of the highest inflation rates in the country as the areas attract a surge of homebuyers, according to Redfin. Redfin deputy chief economist Taylor Marr said inflation, which surged 8.5% over the...
Wonder How High Home Prices Can Go? Here Are America’s Most Expensive ZIP Codes in 2022

Wonder How High Home Prices Can Go? Here Are America’s Most Expensive ZIP Codes in 2022

by Third Party | May 10, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Realtor.com —  With home prices setting record highs month after month—reaching a remarkable nationwide median of $405,000 in March—just about all homebuyers are grumbling these days that they can’t get a break. But if you’ve ever wondered just how high...
FHA gives investors cold shoulder on foreclosed properties

FHA gives investors cold shoulder on foreclosed properties

by Third Party | May 10, 2022 | Real Estate Agent Tools, Real Estate News

Source: Housing Wire —  The Federal Housing Administration said that nonprofit organizations and owner-occupant buyers will have first dibs on foreclosed properties that get auctioned off through its Claims Without Conveyance of Title (CWCOT) program,...
MILLENNIAL BUYERS VS. HOUSING MARKET: THE STRUGGLE TO FIND A HOME

MILLENNIAL BUYERS VS. HOUSING MARKET: THE STRUGGLE TO FIND A HOME

by Third Party | May 9, 2022 | Industry Updates, Real Estate News

Source: RisMedia —  The National Association of REALTORS® (NAR) has recently completed its long-running “Generational Trends” survey to provide intriguing information on the trends impacting home buyers and sellers by generation. Seeing how different generations...
Locked Means Locked

Locked Means Locked

by Debbie Bloyd | May 9, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or  [email protected] What does locking a rate do for clients?  It keeps these rates in check.  Some lenders that I use even let me lock and shop.  What does...
Appraised Value vs. Market Value: They Are Not the Same!

Appraised Value vs. Market Value: They Are Not the Same!

by Dan Harkey | May 9, 2022 | Industry Updates, 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] There are multiple methods for determining a property’s value, including market value and appraised value. There are also numerous definitions of value conclusions...
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