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U.S. home prices see biggest monthly drop in 11 years. It’s weighing on homeowner wealth

U.S. home prices see biggest monthly drop in 11 years. It’s weighing on homeowner wealth

by Third Party | Sep 12, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Deseret News —  After two years of runaway price growth, the U.S. housing market has hit a tipping point. Home price growth has been decelerating for months now as the U.S. market cools from the pandemic frenzy. But in July, that shifted to an actual...
US housing market to remain ‘especially frigid’ as mortgage rates spike: Redfin

US housing market to remain ‘especially frigid’ as mortgage rates spike: Redfin

by Third Party | Sep 12, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: New York Post —  The housing market’s ongoing slowdown will continue through the end of the year as surging mortgage rates discourage prospective homebuyers, according to the latest analysis by real estate firm Redfin. Redfin noted a “nosedive” in...
5 things to consider if you’re choosing between a 15-year and a 30-year mortgage

5 things to consider if you’re choosing between a 15-year and a 30-year mortgage

by Third Party | Sep 11, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: CNBC —  One of the most important parts of taking on a mortgage to buy a house is making sure the terms of the loan best suit your financial needs. Not only does this involve securing the lowest interest rate possible, it also means choosing the right...
Real estate: ‘Coastal markets are going to start declining,’ Fundrise CEO says

Real estate: ‘Coastal markets are going to start declining,’ Fundrise CEO says

by Third Party | Sep 11, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Yahoo Finance —  SEANA SMITH: After a hot couple of years, the housing market finally cooling off, but that doesn’t mean that there aren’t opportunities to invest in this space. Ben Miller, the co-founder and CEO of Fundrise, joins us now....
Make an offer — something real estate agents haven’t said in a long time

Make an offer — something real estate agents haven’t said in a long time

by Third Party | Sep 11, 2022 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

Source: WTop News—  For the first time in nearly 18 months, the average home sold for less than list price in August, according to a market analysis by real estate company Redfin. Not a lot less, and not enough to raise a red flag for the “sell side” of the...
Liz Weston: Should you tap your home equity as real estate values rise?

Liz Weston: Should you tap your home equity as real estate values rise?

by Third Party | Sep 10, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Oregon Live —  Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42% since the start of the pandemic, and the average homeowner with a...
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