Blog NAR PROPOSED SETTLEMENT I am sure you have seen what’s going on in the news when it comes to Real Estate! The headlines have got it all wrong! Here’s what is actually happening! NAR proposed a $418 million dollar settlement as a result of the recent lawsuits which addressed buyer’s agent commission It’s PROPOSED, not final yet It […]
Blog What’s going on in the Market? Q1 2024 WHAT’S GOING ON IN THE MARKET?!?! Everyone is asking that very question. Here is the quick version! Inventory still low overall More homes are slowly becoming available, but not a flood of homes.. no indication of a crash As of 03/2024 with an applicant who has an 800 credit score, minimal debt and adequate income, […]
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Blog Mortgage Rates Today Hello to All! It’s no secret that today’s mortgage rates are at a 23 year high. We are around 8% right now and it is putting people back on the sidelines who could have purchased last year but chose to wait. Unfortunately these rates coupled with home prices make it difficult for some to get […]
Blog What’s UP with Real Estate? 3/3/23 We got very encouraging (inflectious!) January data for new home sales and pending home sales. The demand is still very clearly there. The only issues are supply (inventories remain low) and affordability (30-yr mortgage rates back near 7%). But the housing market is more balanced between sellers and buyers, and negotiating is BACK! Click the […]
Blog Interest Rates in Today’s Market Keeping Current Matters just put out a great blog about interest rates! Good News! THEY WILL COME DOWN!! This year has been a wild ride in the mortgage industry… starting off the year around 3% and now being upwards of 7%, such a hike in such a short period of time. This has altered a […]
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