Most Recent Articles About Real Estate Tools
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Tips on avoiding mortgage layoffs
Source: MPA Mag --- The mortgage industry has seen better days. Volatile interest rates fueled by inflation have created a climate where the average loan officer is now closing less than one loan per month with refinance locks plummeting to a low not seen in more than...
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...
Additional Reading: Realtor Tools & Insights
What will 2023 bring to the housing market? Predictions include price drops, ‘terrible consolidation,’ but better buyer balance
Source: Deseret News --- If 2022 was a roller coaster year for the housing market, 2023 is expected to bring a painful but necessary real estate hangover. Nationally, a growing number of experts and firms are predicting U.S. home prices will fall, some expecting...
What is a seller’s market?
Source: Bankrate --- In real estate, a seller’s market is just what the name implies: an overall market that favors sellers over buyers. If you want to sell your house, doing so in a seller’s market means you can likely price it relatively high and sell it relatively...
Zillow, Redfin, and the real estate market: 5 trends to watch in 2023
Source: GeekWire --- The once high-flying real estate market sputtered in 2022, dragging many real estate tech companies down with it. The sudden swing pushed companies to cut costs, which included layoffs and shifts to their business models. Seattle giants Zillow...
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