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Inflation Pushes Mortgage Rates Up to 3.85%. Experts Warn Borrowers Not to Panic: ‘Historically, Rates Are Still Fairly Low.’
Source: Time --- Inflation continues to hit levels not seen in 40 years, and mortgage rates are rising with it. The 30-year fixed rate average increased to 3.85% – its highest since March 2020 – while the latest figures from the Bureau of Labor Statistics Thursday...
In addressing the housing shortage, we might need to rethink the way housing policy works
Source: Marketplace --- It’s not a secret that there’s a housing shortage in this country. On Thursday, the National Association of Realtors said in a report on metro housing that the lack of homes for sale made homeownership even less affordable in the final quarter...
Real estate market continues to rev its engine
Source: Oak Park --- Traditionally, Super Bowl Sunday is considered the kickoff for real estate sales after a winter break for the holidays. As the market comes alive after the big game, the question on a lot of buyers’ and sellers’ minds is what the 2022 will hold...
Here’s how inflation is hitting everything you buy for your home
Source: CNBC --- Demand for home remodeling jumped dramatically in the last two years, as Americans hunkered down in their homes and saw everything that needed an upgrade. Now inflation has raised the prices of many goods people want for a home revamp.
Why is our industry still transferring money with paper checks?
Source: Housing Wire --- While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” This is especially true on the...
‘Invisible’ Kitchens Are No Longer Cool in Hot Real Estate Market
Source: Bloomberg --- Covid has changed how we live and where we live, and it’s beginning to change how we design where we live. “So many people stuck at home used their kitchen and realized they actually like to cook,” says Joe Nahem, co-founder of the interior...


















