Mortgage rates tumble; time for buyers to ‘get serious’
The steady decline hasn't done much to increase demand to buy homes, a trend that's not uncommon, said Sam Khater, Freddie Mac's chief economist.
Foreign purchases of U.S. homes falls to the lowest level on record
"Historically low housing inventory and escalating prices remain significant factors in constraining home sales for American and international buyers alike," NAR chief economist Lawrence Yun said in the report.
Brokerage Beat: News from Lamacchia, Real, RE/MAX, C21, eXp, more
Patti White, president of Realty Quest, said the partnership was a good culture fit, stating that the "collaboration with the AllPoints Leadership team aligns perfectly with our core values and commitment to outstanding service."
Arizona Realtors unveils new forms that are ‘to the point’
The Arizona Association of Realtors, which represents more than 53,000 members in the state, has begun releasing drafts of new and revised forms, along with line-by-line descriptions and FAQs, in an effort to help agents comply with upcoming rule changes.
Property transactions taking longer to complete – how to speed-up your home sale or purchase
A property sale isn’t legally binding in England and Wales until it reaches exchange and the delays and uncertainty can cause buyer pull-outs and even gazumping if a better offer comes in, leading to an extended timeline.
Rate cuts are looking more likely — but not quite yet
The Federal Reserve's next meeting is scheduled for July 30-31, but analysts don't expect the Fed to cut rates until September, said Lisa Sturtevant, chief economist for Bright MLS.
RICS: UK election result and interest rate cuts will get property market moving
Coles says it stays a purchasers’ market if you intend to make a purchase currently yet cautions, “if the agents are right, you may require to capitalize on a fairly small window of chance. If optimism captures on, you’ll be taking on more buyers and enthusiastic sellers will certainly hold company on rates.” This marked...
Economists on 2024 so far: ‘The year of the head fake’
Hepp, Yun and Odeta Kushi, deputy chief economist with First American Financial Corporation, shared their perspective at the Economics Roundtable, a highlight of last month's conference of the National Association of Real Estate Editors.
A brokerage built to last with ‘passion, stamina, grit’
Now 81, Saunders has spent nearly five decades building that name into one of Florida's largest real estate brokerages, with 16 offices covering four southwest counties, a commercial division, developer services and nearly 600 agents who do approximately $3.7 billion in annual sales.
Number of low-deposit mortgages hits two-year high – what are your options?
Mortgage item accessibility dipped in the wake of Liz Truss’s dreadful mini-Budget in 2022. An incredible 1,700 home mortgages – 40% of the marketplace at the time – disappeared from sale in the space of a week. The celebration has promised to assist obtain 80,000 individuals onto the real estate ladder over the following five...
Association leaders ‘emphatically deny’ profiting from MLS sale
What Burks has to say: He will honor current REcolorado data and privacy policies, which are "essential to the functioning of the MLS and the third-party integrations needed for broker tools."
How to be mortgage-ready by the time interest rates start to drop
First, you’ll require to figure out how much of a mortgage you can manage and start pulling together the down payment. A fantastic location to begin is with a mortgage-affordability calculator like the one offered by the government-backedMoneyHelper website. Jacob is the creator and CEO of ValueWalk. What started as a leisure activity ten years...