Buyers are walking away from new homes due to rising interest rates

Interest rates have been rising so fast that many buyers who signed contracts to purchase new homes in the last year have been caught off-guard. Mortgage rates were at record lows of 3% or even less in some cases last year. Yet, a series of sudden increases have sent mortgage rates to 5.3% as of

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The post Buyers are walking away from new homes due to rising interest rates appeared first on RealtyBizNews: Real Estate Marketing & Beyond.
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Equity in U.S. Homes Rises in the First Quarter of 2022

A new study reports that nearly half of the homes in the United States were considered “equity-rich” in early 2022.
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Do You Need a Real Estate Podcasting Channel?

Real estate podcasting is a very underutilized marketing channel with little chance of becoming mainstream in the future. Do you need it? Maybe.
The post Do You Need a Real Estate Podcasting Channel? appeared first on RealtyBizNews: Real Estate Marketing & Beyond.
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How relocating Americans created new inflation hot spots

The relationship between migration and inflation has strengthened as more people relocate from expensive cities to more affordable areas, according to Redfin.
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The One Thing Every Homeowner Needs To Know About a Recession

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: […]
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