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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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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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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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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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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Myra Spano's Blog - The Real Estate Savvy 