Source: Realtor.com — Today’s homebuyers are all too familiar with bidding wars. The low inventory and high demand we’ve seen over the past couple of years have forced many multiple-offer situations with buyers doing anything they can to stand out from the...
Source: IOL — Starting the hunt for that first property is a thrilling journey that leads to so many benefits for owners, but there are also many worries and possible hurdles. From knowing which properties to view and what to offer, to navigating the process...
Source: Daily Mail — The US housing market appears to be finally cooling off after seeing its least affordable days since the ’80s. The number of homes being built and sold is declining, more and more buyers are backing out of deals, and some parts of the...
Source: CNBC — Lisa Spillman can’t imagine life without her dog, an 8-year-old chihuahua mix named Rosebud. But she says her household expenses were getting tough to handle. “Everything – rent, groceries, dog food… it’s all going really high,” Spillman, 52,...
Source: Yahoo Finance — The current housing market means you’ll likely pay top dollar for a home that’s considered turnkey — immediately ready for you to move in. Plus, the competition is steep. Perhaps those two reasons are why 52% of American homebuyers are...
Source: Forbes — Today, the average rate on a 30-year fixed mortgage is 5.54%, according to Bankrate.com, while the average rate on a 15-year mortgage is 4.80%. On a 30-year jumbo mortgage, the average rate is 5.54%, and the average rate on a 5/1 ARM is 4.16%....
Hits and Misses for the Real Estate Week of June 22-26
