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Residential Real Estate

Mortgage Rates are Rapidly Approaching 5 Percent

April 9, 2022 0

The average rate on the 30-year fixed mortgage increased to 4.72% from 4.67% last week, according to Freddie Mac. The average 30-year mortgage rate was just […]

Survey: More Listings are About to Hit the Market

April 1, 2022 0

More than two in five (44%) of Gen Zer homeowners (age 18-25) and over a third (35%) of Millennial homeowners (age 26-41) saying they plan […]

Inflection Point: Is the Hot Housing Market About to Cool Down?

April 1, 2022 0

Years of historically low interest rates, economic growth and government stimulus policies have contributed to an epic recovery in real estate values since seeming to […]

Typical Home Flipping Profit Drops to $68,847

December 20, 2021 0

The gross profit on typical home-flipping transaction (the difference between the median sales price and the median paid by investors) stood at $68,847 in the […]

Five Million More Homes Needed to Accommodate New Household Growth

September 17, 2021 0

According to new research from Realtor.com, the U.S. is short 5.24 million homes, an increase of 1.4 million from the 2019 gap of 3.84 million.  […]

Mortgage Volatility Amid Inflation Uncertainty

June 19, 2021 0

There’s an ongoing debate among investors and policy makers regarding the direction of future inflation rates. This uncertainty is creating volatility in the mortgage lending […]

Turkey Leads in Global Annual Housing Prices Says Knight Frank

March 31, 2021 0

Turkey has the highest annual house price growth according to Knight Frank’s Q4 Global House Price Index. The European nation registered an annual house price […]

Will Rising Interest Rates Hurt the Housing Market?

March 23, 2021 0

Despite efforts by the Federal Reserve Bank to assure investors and the general public that it will work to maintain low interest rates over the […]

Unsold Inventory At All-Time Low as the Housing Market Continues to Sizzle

February 3, 2021 0

Total housing inventory at the end of December totaled 1.07 million units, down 16.4% from November and down 23% from one year ago (1.39 million), […]

The Number of U.S. Cities with a Typical Home Value of $1 Million Surges

January 21, 2021 0

While the typical value of a home in the United States is about $263,000, the number of “million-dollar cities” rose sharply in 2020, according to […]

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