Fewer Buyers Are Waiving Contract Contingencies The fraction of buyers who are waiving appraisal and inspection contract contingencies has been trending downwards in recent months. By: Scholastica (Gay) Cororaton Appraisal & Valuation, Home Inspections Powered by WPeMatico
Retail Solid in Q4 2021, Positioned Well for 2022 In spite of the increased spread of the omicron variant in the closing weeks of 2021, retail property fundamentals continued to improve. By: Brandon Hardin Commercial & Investment Real Estate, Retail Properties Powered by WPeMatico
2021 Existing-Home Sales Reach Highest Level Since 2006 Housing market activity in December fell 4.6% month-over-month. However, 6.12 million existing homes were sold in 2021, the highest level since 2006. By: Michael Hyman Powered by WPeMatico
Metro Markets: Florida is the Hottest Commercial Market Florida is arguably the hottest commercial real estate market in 2021 Q4, boasting eight of the top 15 commercial real estate markets. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate Powered by WPeMatico
Instant Reaction: Mortgage Rates, January 20, 2022 Mortgage rates surged for the third straight week of the new year, with the 30-year fixed mortgage rate rising to 3.56%. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
More Consumers Optimistic About Their Income Outlook Take a look at the latest trends on the perception to obtain credit, income growth and moving expectations from the Federal Reserve Board of New York. By: Michael Hyman Powered by WPeMatico
Home Buyers Narrow Home Search With Technology Home buyers today have the ability to view homes online and quickly weed out what they want to see versus what can be discarded. By: Jessica Lautz Technology Powered by WPeMatico
Instant Reaction: Mortgage Rates, January 27, 2022 Mortgage rates fell to 3.55% from 3.56% the previous week, after moving upwards for the last 5 straight weeks. By: Nadia Evangelou Mortgage Financing Powered by WPeMatico
Reminder to get the closing attorneys working on all lease and financed equipment issues (e.g., solar panels, security systems, tenants, vacationers, documents, liens, payoffs, deposits, access, gas tanks, spa, pool, disclosure, assumption, assignment, removal, equipment) A.S.A.P. This applies to listing agents and buyer agents. Immediately upon learning any of these issues may be potentially involved… Continue Reading Leased and Financed Issues – Parties Get Attorneys Working ASAP
Instant Reaction: Economy Expands at 6.9% in Q4 2021 The GDP expanded at a stronger annualized pace of 6.9% in Q4 2021, indicating that the economy is on a path towards full employment. By: Scholastica (Gay) Cororaton Powered by WPeMatico