Real Estate Professionals
Its no secret that ultra-low mortgage rates fueled the home buying frenzy. For nearly 5 years we witnessed a stedy increase in home prices, well above the normalized rate of ~4%. But what was really behind the steep climb…? Factors Affecting Rapid Home Price Increases 2018-2022: Historically Low Fixed Interest Rates – hovering under 4% […]
Tax Deductions for Homeowners: 8 Breaks You Get for Owning Your Own Home By Yaёl Bizouati-Kennedy, Realtor.com January 2025 Tax season: Everyone’s favorite time of year has just begun. This year, the Internal Revenue Service opened the tax filing season on Jan. 27. The deadline for filing (without an extension) is April 15. For homeowners, there is an […]
National Association of Realtors economists weigh in on home sales and mortgage rates—and how the election results, the economy and changing buyer demographics could impact your real estate business in the year ahead. The last two years have been tough for many people who work in home sales or who were in the market to […]
Most of the country’s real estate market is strong as the demand outpaces supply. The resale market has been affected because selling a home to move sideways or downsize may cost more than staying put due to high interest rates. This dynamic may change with a shift in fiscal policy so if you are thinking of […]
Most of the country’s real estate market is strong as the demand outpaces supply. The resale market has been affected because selling a home to move sideways or downsize may cost more than staying put due to high interest rates. This dynamic may change with a shift in fiscal policy so if you are thinking of […]
Low mortgage rates fueled housing price increases, and now home affordability remains a challenge with with the higher priced homes at our increased interest rates. Demand still remains high, and defaults remain low. Here are some data points for your review from CoreLogic. Key notes to consider: Mortgage payments are on time with delinquencies & […]
There has been a lot of confussion around the real estate class action legal rulings regarding agency commission. The reasons the charges were brought to bare, the background of agency representation and how the listing contract affects everyone involved. How Real Estate Agency Works It is helpful to understand the basis for the foundations of […]
The VA Home Loan is the most powerful home buying tool on the market. It—and the GI Bill—literally reshaped post-War America, and it’s a big reason why the historic VA Loan Guaranty Program has surged since the housing crash. Despite generations of historic success, though, several myths and misconceptions deter millions of Veterans and Servicemembers […]
Phoenix Valley is a hot commodity (no pun intended!) Buyers are relocating and retiring here from just about everywhere. Corporate HQ relocation, high job growth, dry climate and amazing resources make this America’s go to destination today and in the future. When People Have to Move… Our home inventory continues to be low making good […]
Unusual Housing Market Dynamics Contributing to Stall in Consumer Sentiment HPSI’s Low-Level Plateau Continues as Consumers Remain Frustrated by Lack of Affordability The Fannie Mae Home Purchase Sentiment Index® (HPSI) remained effectively unchanged in August, as consumer confidence toward housing continued along the low-level plateau set earlier this year. Three of the HPSI’s six components increased month over […]