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Homebuyer Competition Falls for Second Consecutive Month

Homebuyer Competition Falls for Second Consecutive Month

Source: World Property Journal --- National property broker Redfin is reporting this week that 60.7% of home offers written by Redfin agents nationwide encountered competition on a seasonally adjusted basis in April, the lowest level since March 2021. That's down from...

10 first-time homebuyer tips

10 first-time homebuyer tips

Source: Bankrate --- These days, the real estate market can seem quite literally all over the map—still super-hot in some areas while cooling off in others. Regardless of where you live, first-time home ownership can be an attainable goal with the right research and...

What’s The Latest With UK Mortgage Rates?

What’s The Latest With UK Mortgage Rates?

Source: Forbes --- The ever-tightening cost of living crisis and continued soaring inflation – which stood at a staggering 9% in the 12 months to April – is fuelling the likelihood of more interest rate rises this year, putting further pressure on the monthly budgets...

The housing market has peaked, top economist says

The housing market has peaked, top economist says

Source: MPA --- The US has officially gone from a housing boom into a “housing correction”, according to Mark Zandi (pictured), chief economist at Moody’s Analytics. In an interview with Fortune magazine last week, the economist and co-founder of Economy.com said all...

Is the hot housing market showing signs of cooling down?

Is the hot housing market showing signs of cooling down?

Source: abc4 --- (NewsNation) — New home construction continues at a rapid pace, but new sales data shows the market may be cooling down, slightly. In April, sales dropped by 17%, the biggest dip in nearly a decade, according to data released last week by the Census...