Frozen or burst pipes during the cold weather months can be one of the most costly maintenance issues you’ll face as a property owner. A burst pipe suddenly flooding your kitchen can quickly become an out-of-hand emergency that could cost you thousands of dollars in damage. A quick and accurate response is key to resolving […]
Real Estate Trends Have Changed Due to COVID The coronavirus pandemic changed many things, buying and selling trends among them. The National Association of REALTORS® (NAR) recently released its annual Profile of Home Buyers and Sellers report, which found that the pandemic incentivized buyers to search out multi-generational homes, while pushing sellers to sell their properties faster. […]
By RISMedia Staff Persistent buyer demand continues to push the frenzied housing market further into fall and winter months and way past the typical summer peak, according to a new Zillow® report. In September, 22.4 percent of homes purchased in the U.S. sold over list price, an increase from 20.2 percent in August and above the […]
From Housing Wire This week’s dip marks 13 consecutive weeks of rates below 3% October 22, 2020, 10:01 am By Alex Roha The average U.S. mortgage rate for a 30-year fixed loan fell to 2.8% this week, another record low, Freddie Mac said in a report on Thursday. The rate fell one basis points from the week prior and is now […]
Single-family starts displayed continued growth in September, according to the latest report from the Commerce Department. Overall housing production increased 1.9 percent to a seasonally adjusted annual rate of 1.42 million units. The September reading of 1.42 million starts is the number of housing units builders would begin if they kept this pace for the […]
September 23, 2020, 2:08 pm By David Stevens Published in Housingwire Let me be contrarian: Get ready, because mortgage rates are going to rise in 2021. Now before you respond, just read the rest as to why. The Mortgage Bankers Association in its most recent forecast sees two things that stand out. First, 2020 will prove itself to be the second […]
The rate is 2.9% this week, up from last week’s 2.87%, Freddie Mac says September 24, 2020, 10:00 am By Kathleen Howley The average U.S. mortgage rate for a 30-year fixed loan is 2.9% this week, up from 2.87% last week, Freddie Mac said in a report on Thursday. It’s the ninth consecutive week the rate has been below 3%. The […]
Is the market frenzy coming to an end? According to Zillow’s Weekly Market Report for the week ending Sept. 26, “tapering pending sales and minimal recent growth in list prices point to an overdue seasonal market slowdown.” According to the report, pending listings were up 22.2 percent year-over-year for the week, but have fallen 4.6 percent month-over0month […]
By RISMedia Staff It’s more of the same, according to realtor.com®’s Weekly Housing Report for the week ending Sept. 19. Home prices continue rising and inventory continues to pose a challenge in today’s markets. Some areas are, however, on the rebound after wildfires and hurricanes impacted the real estate markets. The latest on home prices? They’ve […]
When considering what to upgrade before you sell your home, it’s just as important to think through your home’s mechanical systems as it is your home’s aesthetic elements. After all, aesthetic elements are often easier and less expensive to change than mechanical systems. One of your home’s most important mechanical systems is your HVAC system. […]