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Real estate ‘sweet spot’ puts sellers in drivers seat

Real estate ‘sweet spot’ puts sellers in drivers seat

by Third Party | Mar 18, 2023 | Real Estate News, U.S. Housing Market

Source: Fox Business —  Experts say it’s “nearly impossible” for sellers to time the real estate market just right. However, there is one week in particular that provides them with the most favorable conditions to list a home, according to a...
Median Home Prices Rose in February 2023, but Affordable Housing Inventory Remains a Challenge

Median Home Prices Rose in February 2023, but Affordable Housing Inventory Remains a Challenge

by Leora Ruzin | Mar 17, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Despite being down 24.4% year over year, February home sales increased 16.8% from January. That was the largest month-over-month increase in 11 months and ended a five-month streak of sales declines that began in September. This is according to the February 2023...
Selling your home? Don’t forget to update your curb appeal!

Selling your home? Don’t forget to update your curb appeal!

by Leora Ruzin | Mar 17, 2023 | Real Estate Agent Tools, U.S. Housing Market, WRE News Exclusive

Most Realtors (92%) suggest that sellers improve the curb appeal of their home before listing it for sale. Also, the most significant shares of Realtors recommended owners complete landscaping-related features before putting a home on the market. Those were among the...
Mortgage Rates Drop as a Result of Banking Turmoil, Demand Increases

Mortgage Rates Drop as a Result of Banking Turmoil, Demand Increases

by Leora Ruzin | Mar 17, 2023 | Mortgage Information, News/Current Events, U.S. Housing Market, WRE News Exclusive

According to a new report from Redfin, the technology-based real estate brokerage, some homebuyers are returning to the market as mortgage rates decline from the four-month high they reached last week.   Daily average mortgage rates dropped from 7% to about 6.5%...
Could The Silicon Valley Bank Collapse Contaminate The Real Estate Market?

Could The Silicon Valley Bank Collapse Contaminate The Real Estate Market?

by Third Party | Mar 17, 2023 | News/Current Events, U.S. Housing Market

Source: Candy’s Dirt —  Last Friday, the world gasped as one of the tech industry’s most prominent banking institutions, Silicon Valley Bank (SVB), collapsed under $175 billion in uninsured deposits. This monumental financial failure has only been...
Buying or selling a home in Indiana? Here’s what a $400K home looks like in 5 cities

Buying or selling a home in Indiana? Here’s what a $400K home looks like in 5 cities

by Third Party | Mar 17, 2023 | Real Estate News, U.S. Housing Market

Source: Indy Star —  As 2023 speeds along, here’s another look around the state at what buyers and sellers can expect in Indiana’s real estate market. Average 30-year fixed mortgage rates still sit over 6%, and mortgage application volumes were 44%...
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