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How Real Estate Agents Are Using QR Code Technology To Simplify The Home-Buying Experience
Source: Forbes --- The popularity of QR codes have seen many ups and downs over the course of its almost 30-year existence, but with the need for contact-less menus and transactions during the pandemic, barcode technology is coming back in a big way. From...
Where home prices are headed in 2023—this map shows CoreLogic’s revised outlook for 392 housing markets
Source: Fortune --- When a buttoned-up Fed economist says the U.S. housing market has entered into a “difficult [housing correction”], it’d be wise to believe them. When it comes from the lips of Fed Chair Jerome Powell, it’s more of a warning. Powell is right: Not...
Thinking of Buying a Home? Here’s Why You Should Offer Less Than Asking
Source: The Ascent --- 2022 has been a bad year to be an aspiring homeowner (and until fairly recently, it was a pretty good year to be a home seller). And it's not clear whether it will get easier in 2023, either. That said, the housing market tide may be starting to...
The Best Day to Browse Discounted Real Estate Listings
Source: Life Hacker --- Though some are quick to assume that if a home has been on the market for more than a week or two, something has to be wrong with it—especially if its listing price drops—that’s not necessarily the case. Sellers may opt to reduce the cost of...
Institutions Increase Target Allocations To Real Estate
Source: Business Plus --- Institutions continue to increase target allocations to real estate, with the expectation that attractive buying opportunities will emerge over the next several years. That’s according to the 10th annual Institutional Real Estate Allocations...
Fed’s Mester wants more progress on inflation before ending interest rate hikes
Source: CNBC --- Cleveland Federal Reserve President Loretta Mester said Monday inflation will need to show more signs of progress before she’s ready to stop advocating for interest rate increases. While acknowledging that recent data has been encouraging, the central...
Despite Recent Dip in Mortgage Rates, Uncertainty Stalls the U.S. Real Estate Market
Source: Mansion Global --- Fluctuations in mortgage rates—combined with the ups and downs of the stock market—are creating uncertainty for both buyers and sellers, thus stalling home sales in the U.S., according to Realtor.com. Mortgage rates fell by nearly 50 basis...
Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?
Source: Forbes --- Key Takeaways Rates for 30-year fixed rate mortgages dropped below 7% the first week of November. Rates have been moving higher for most of 2022, rising from around 3% to over 7%. More inflation and economic data needs to be released to know if...
‘Who has the power in today’s housing market?’ Local real estate experts weigh in
Source: KREM 2 News --- SPOKANE, Wash. — It can feel like the housing market is constantly changing. Taking a snapshot of the market in both eastern Washington and north Idaho Fall 2022, who do realtors say is on top? Buyers or sellers? Our local real estate...
37% of real estate agents in the US couldn’t afford to pay their rent in October — another bad sign for the housing market. Here are 3 key takeaways for sellers right now
Source: Yahoo! --- As of September, the number of newly listed homes had dropped 20% from the year before and homes are lingering on the market for 32 days — 13 more days than the year before, according to analysis from Redfin. But if you need yet another sign the...
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