Real Estate Industry News & Insights
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85% of Homeowners with Mortgages Have a Rate Far Below Today’s Level, a Factor Prompting Many to Stay Put
Source: Business Wire --- Roughly six of every seven (85%) U.S. homeowners with mortgages have a mortgage interest rate far below today’s level of 6%, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. With rates now at...
Here Are Today’s Mortgage Rates, September 20, 2022 | Rates Remain Above 6.3% Ahead of Fed Meeting
Source: Next Advisor --- Nearly two years have gone by with record-low mortgage rates. Now, 2022 has started off with rates rising higher than pre-pandemic levels. Don’t cancel your home purchase plans just yet. Even though rates are higher than they were last year...
HOW THE COMMERCIAL REAL ESTATE MARKET IS ADAPTING TO POST-PANDEMIC NEEDS
Source: RIS Media --- From opening up restaurants for dine-in service to loosening restrictions on travel, the country is getting back to normal in a mostly post-pandemic world. However, some things may never go back to “normal”—like the way we work. Over the past...
An Overview of Private Money Lending & Trust Deed Investments
Most Investors understand the ownership process of diamonds, gold, silver, other precious metals, collectibles such as rare coins & artifacts, Faberge & Imperial Eggs, specialty & collectible automobiles, and paintings. Continue Reading An Overview of Private Money Lending & Trust Deed Investments
Housing Market Update: Homebuyers Face the Fastest, Priciest Market on Record
Source: Redfin --- Homes sold faster than ever during the four weeks ending February 13, as a record 57% of homes that went under contract did so within two weeks of being listed. People buying homes now are paying more than ever before, too—a median $1,997 per...
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