Real Estate News & Insights
Mortgage Rates Are Falling Again
The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23. Continue Reading Mortgage Rates Are Falling Again
Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
The stadium will anchor the proposed mixed-use Walton & One development, formerly known as City Center. Continue Reading Florida City Gives Preliminary Approval to 6,000-Seat Soccer Stadium
Real Estate newsletter: Home prices are falling
Source: LA Times --- Welcome back to the Real Estate newsletter. A few newsletters ago, I posed an innocent question: Are home prices finally falling? I wasn’t expecting an answer so soon, but thanks to a fresh batch of data, I can confirm that, yes, Southern...
Housing market enters recession territory. Here’s what that means
Source: Deseret News --- If you’ve been paying attention to the U.S. housing market, you’ve likely seen words like “correction” and “recession” crop up more and more. Earlier this week, National Association of Home Builders CEO Jerry Howard warned on Fox Business’...
Colorado, Utah, Idaho metros had the biggest share of sellers dropping home prices in June
Source: Fox Business --- A significant number of sellers around the U.S. are cutting prices as high mortgage rates and fears of a potential recession keep many prospective buyers at bay. A recent report by Redfin indicated over 25% of home sellers in three-quarters of...
THE GOOD & BAD NEWS OF TODAY’S REAL ESTATE MARKET
Source: Front Porch News --- Unlike this Texas heat, things definitely cooled down in the real estate market! There’s been a big shift as interest rates continue to rise. It blows the mind to see it happen so quickly. More homes showed up on the market, as usual in...
Block by block: Blockchain technology is transforming the real estate market
Source: Cointelegraph --- Property is the world’s single largest store of wealth, and if the cryptocurrency and blockchain world is seeking an express route to mass adoption, it could do worse than partnering with the real estate industry. According to a September...
Did Home Sellers ‘Miss the Peak’? A Startling Sign the Panic Is Real
Source: Realtor --- Today’s housing market is changing so fast, it’s hard to keep up. To help, we’ve kicked off “How’s the Housing Market This Week?” In this new series, we highlight the latest facts and figures to know right now. From the number of listings to home...
Think Home Prices Are Going To Fall? Think Again
Source: Keeping Current Matters --- Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the...
When does refinancing into a 15-year mortgage make sense?
Source: Bankrate --- Many homeowners choose to refinance from a 30-year fixed-rate mortgage to a fresh 30-year equivalent. While this can lower your monthly payment, it adds extra years to the total period of time you’ll be financing your home. That means you’ll pay...
Stock market activity ‘indicator’ of what will happen in real estate market: Expert
Source: Fox Business --- Luxury real estate agent Katrina Campins argued Wednesday that "the stock market is going to be an indicator of what happens in the real estate market." The Campins Company founder stressed clients have been impacted by the stock market,...
Wary builders fear new home buyers are being priced out
Source: Realty Biz News --- Builders fear that demand for new homes could be on the wane. As a result, they’re taking their foot off the gas in terms of production, wary that too many prospective buyers have been priced out of the market by rising costs. In June,...
