Time
Report: 2024’s Best Time to Buy Fast Approaches
For agents still looking for a boom in their business in 2024, fear not! This year’s best time to buy looks to be the first week of October, according to a new report from Realtor.com®. Realtor.com’s 6th annual Best Time to Buy report predicts that Sept. 29 – Oct. 5 is going to be 2024’s… […]
One Day at a Time: Four Ways to Support Frustrated Buyers
It’s hard not to sympathize with the current plight of homebuyers—particularly the younger generation attempting to break into the market. Along with broader systemic pressures like stagnating wages and crippling student loan debt, young people trying to enter the housing market are facing stiff competition, dwindling affordability and a lack of inventory (in most regions).… […]
Women in Real Estate: It’s Time to Be Fearless
It’s been pointed out for decades that, “Ginger Rogers did everything Fred Astaire did, except backwards in high heels.” Yet despite the wry, if credible, suggestion that females have at least as much talent, flexibility and gumption as their male counterparts, women still lag far behind men in top-tier leadership roles. Now, in a time… […]
Webinar: Growing Your Business Through M&A – Why the Time Is Now
Recognizing the immense potential of M&A in propelling business growth, it becomes crucial for real estate professionals to grasp the pivotal role that this strategy can play in expanding their enterprises. By understanding the dynamics of M&A and embracing it within the real estate realm, you can unlock new avenues for business development to help… […]
Mortgage Rates Exceed 6% for the First Time Since 2008
On the rise since the beginning of the year, mortgage rates continued their upward trajectory this week, rising above 6% for the first time since 2008. The 30-year fixed-rate mortgage (FRM) averaged 6.02% this week, up from 5.89% last week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac. Key findings: 30-year… […]
National Delinquency Drops Below March 2020 Level for the First Time Since Onset of the Pandemic
Another good indicator of a strong economy, was revealed in CoreLogic’s monthly Loan Performance Insights Report for November 2021. In November, 3.6% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3-percentage point decrease compared to November 2020, when it was 5.9%. […]
Is Now a Good Time to Become a Landlord?
TNS—Q: We are getting older and ready to move to a smaller home. Our plan has always been to rent our existing house to make extra money toward our retirement. After the eviction moratorium, we are nervous. Is it a good time to be a landlord? — Jerri A: Not collecting rent is a scary […]
Existing Home Sales Rise Slightly for the First Time in Four Months
Existing home sales snapped a four-month losing streak in June. Sales of pre-owned single-family houses, townhouses, condominiums, and cooperative apartments, rose 1.4 percent on a seasonally adjusted annual basis to 5.86 million units, 22.9 percent higher than the 4.77 million rate in June 2020. Activity was higher month-over-month in three of the four major regions […]
February Easily The Worst Month For Rates in Long Time
Posted To: Mortgage Rate Watch There are still 4 business days left in the month of February and thus still 4 days for the bond market to undergo an epic recovery that helps mortgage rates come back down. But traders and market-watchers alike have pined for–if not outright expected–such a recovery several times in the […]
Restaurant industry loses jobs for the first time since April as new restrictions hit employment
The restaurant industry lost jobs for the first time since April as new restrictions to fight the coronavirus pandemic weighed on sales….(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web