Most Recent Articles About Real Estate Tools
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I Raised My Mortgage Payment by Refinancing. Here’s Why I Don’t Regret That
Source: The Ascent --- In August 2020, the average 30-year mortgage rate fell to under 3%. Since I had a higher interest rate than that on my existing mortgage loan, I decided to jump on the opportunity to refinance. And at first, my thinking was that doing so would...
Realtor.com February Housing Report: Housing Inventory Recovery Continues, Giving Buyers More Options
The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, signaling the housing market's continued rebalancing, according to the Realtor.co Monthly Housing Trends Report. Despite the significant...
Additional Reading: Realtor Tools & Insights
With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense?
Source: Albany Herald --- As rates on traditional mortgages have risen, a growing number of home buyers are turning to adjustable rate loans in order to save a few dollars. But do buyers risk getting hit with significant increases when that lock expires? Don't let...
Pivot to find profits during a recession: Focus on homebuyers
Source: firsttuesday Journal --- Working in a buyer’s market The past decade of real estate sales has given preferential treatment to the seller. During this time, sellers — and real estate agents — have gotten used to experiencing housing as a get-rich-quick scheme....
The 7 Habits of Highly Effective Homebuyers Today
Source: Realtor.com --- There was a point, not too long ago, when buying a house was fairly straightforward: You’d schedule some tours, make an offer, and boom, you’re in the house before you know it. Today, though, the housing market is a very different animal—fast,...
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