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Wild Swings in Interest Rates are Making Sellers Hesitate to List Their Homes
According to Zillow's latest market report, mortgage rates — both their high levels and wild swings are making life difficult for buyers and sellers. Relatively high rates have reduced new listings to record lows, leaving buyers with limited options. Any dips in...
US housing market gains momentum as loan applications jump amid first drop in mortgage rates in 5 weeks
Source: Yahoo! Finance --- The housing market is gaining steam as rates drop and mortgage applications surge. The 30-year mortgage rate fell for the first time in five weeks, and applications jumped 7% last week. But volatility in the market could still hinder...
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While inflation continues to drive Houston interest rates up, real estate agents say there may be a silver lining for buyers
Source: Click 2 Houston --- HOUSTON – Sikiru Ogunboyejo has been a real estate agent for eight years. He says he’s seen major fluctuations in interest rates during his time on the job. ”When COVID started interest rates were, I wouldn’t say at an all-time low, but...
Why Warren Buffett Doesn’t Buy Real Estate And Most Other Investors Shouldn’t Either
Source: Yahoo --- Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s made Buffett one of the most...
Why You Should (and Shouldn’t) Sell Your Home in 2022
Source: Real Estate --- In the final months of 2022, the housing market isn’t the same as when the year started. In an effort to battle inflation, the Federal Reserve has increased interest rates repeatedly throughout the year, contributing to the average 30-year,...
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