Auto Added by WPeMatico
The rule of thumb for potential mortgage borrowers is to get three quotes. Unfortunately, few follow through and it could possibly cost them money. As a trusted advisor, you can help your client by recommending mortgage rate search engines as well as multiple lenders, but make sure that your clients are considering the total cost.… Continue Reading Sometimes, Shopping Will Save Your Clients Money!
The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index level in February reached a new high and is up 5.8 percent from a year earlier. But what does this mean for homeowners? Home prices affect the wealth of homeowners. As the price of housing increases,… Continue Reading Instant Reaction: February Owners’ Gains Forecast
In the monthly REALTORS® Confidence Index Survey, the National Association of REALTORS® asks members “How do you rate the past month’s buyer/seller traffic in the neighborhood(s) or area(s) where you make most of your sales?” REALTORS®reported strong home buying demand amid tight supply in March 2017, based on the March 2017 REALTORS® Confidence Index Survey Report.… Continue Reading REALTORS® Reported Strong Demand and Tight Supply in Many States in March 2017
NAR released a summary of existing-home sales data showing that housing market activity this March is the highest pace in ten years. Home sales this March are up 4.4 percent from last month and improved 5.9 percent from last year. March’s existing-home sales reached the 5.71 million seasonally adjusted annual rate. The national median existing-home… Continue Reading March 2017 Existing-Home Sales
By Justin M. Riordan, Spade and Archer Design Agency When selling a house, small rooms can lead to big problems. Staging can be the key to making a small room look functional and help entice buyers to put an offer on your property. Living Rooms – Proving your living room can fit a full size… Continue Reading Staging Tips for Small Rooms
WASHINGTON (April 21, 2017) — Existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors®. Only the West saw a decline in… Continue Reading Existing-Home Sales Jumped 4.4% in March
An abnormally warm winter, strong consumer confidence and robust underlying demand ended up being the perfect formula to push existing-home sales in March to their highest pace in over 10 years. More notably, despite the fact that supply is extremely tight and buying a home has gotten more expensive, home sales are up convincingly from a… Continue Reading Home Sales Spiked in March…and Sold Fast
Taxes, rideshares, technology, language, architecture, trends, shortcuts, potatoes, Did you get your taxes done in time? Here are some fun tax facts until next year. Access to easy transportation is driving the real estate market in some areas. We previously shared an article about how Chicago storms 50 years ago brought about advanced weather warning… Continue Reading What We’re Reading: April 17-21
CHICAGO (April 20, 2017) – The National Association of Realtors®’ strategic investment arm, Second Century Ventures, unveiled seven organizations chosen for the 2017 class of REach®, a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries. The program is focused on providing early-to mid-stage companies… Continue Reading Second Century Ventures Announces 2017 REach® Accelerator Class
After surging in the wake of the election, mortgage rate are back on the decline. The average rate for a 30-year fixed rate mortgage was 3.97 percent for three-day period ending April 19th according a release from Freddie Mac this morning. Lower rates should help consumers currently in the market, but rates are still expected… Continue Reading Rates Moderate, For Now