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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...
One-Third of Recent Homebuyers Still Don’t ‘Shop Around’ for Mortgages
Source: Fannie Mae --- For potential homebuyers, obtaining multiple mortgage quotes may not be as exciting as searching for the physical home itself, but research has shown that "shopping around" with different lenders for the best possible mortgage terms can result...
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...
