November 22, 2019 Mortgage rates declined this week, with the 30-year fixed-rate mortgage averaging 3.66%, Freddie Mac reports. After several weeks of increases, the drop in mortgage rates is a welcome sign for home buyers. “The housing market continues to steadily gain momentum with rising homebuyer demand and increased construction due to the strong job
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7 Reasons to List Your House This Holiday Season
Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be
Strong Economy Boosts Home Sales; Upward Trend to Hold
November 21, 2019 Low mortgage rates and a strengthening economy propelled home sales in October, the National Association of REALTORS® reported Thursday. Total existing-home sales, which include completed transactions of single-family homes, townhomes, condos, and co-ops, rose 1.9% month over month to a seasonally adjusted annual rate of 5.46 million, NAR’s latest existing-home sales report
Mortgage Rates Rise Again as Recession Fears Recede
November 15, 2019 © REALTOR® Magazine Mortgage rates climbed again this week, and economists say the trend may well continue as the economy sees some improvement. The 30-year fixed-rate mortgage averaged 3.75% this week, Freddie Mac reports. “The modest uptick in mortgage rates over the last two months reflects declining recession fears and a
Economists at NAR Say a 2020 Recession Is Unlikely
Kanok Sulaiman / Getty Images November 11, 2019 From Florida Realtors Some people think the U.S. is “due for a recession,” yet NAR’s Yun says conditions are better than ones preceding any earlier recession. But there’s still some risk. SAN FRANCISCO – Consumer confidence, the employment market and housing innovation were heavily discussed topics at
The #1 Reason to List Your House in the Winter
Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition. So, what’s the #1 reason to list your house
3 Ways to Get Instant Curb Appeal
3 Ways to Get Instant Curb Appeal November 4, 2019 From landscaping to exterior finishes, there are plenty of ways to make your listing a standout in curb appeal. Houzz, a home remodeling website, recently showed off a few high-impact ways to boost a home’s exterior aesthetic. Paint the front door. Put a fresh coat
Taking the Fear Out of the Mortgage Process
A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll need a down
4 Reasons to Buy a Home This Fall
Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will continue to increase at a rate of 5.8% over the next year. The
1 in 5 Americans Say They’ve Lived in a Haunted House
ImageegamI / Getty Images October 25, 2019 In a survey, 23% of Americans said they’ve lived in a haunted house and an additional 20% may have. SANTA CLARA, Calif. – Nearly 60% of people who have lived in a haunted house didn’t know it was haunted before they moved in, according to realtor.com’s, fourth