There are no easy solutions to the sluggish real estate market, team leader Carl Medford writes, and he does not believe slashing interest rates will…
Posts published in “low interest rates”
Frenetic markets often lead to frenetic decisions. In today’s frenzied markets, agents have to be on top of every aspect of the transaction. Here’s what…
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000. Source: Inman…
This situation isn’t just pandemic-related — we started 2020 with record-low inventory, and it’s only dropped from there. In fact, the inventory crisis has been…
Home price growth was widespread during the fourth quarter of 2020 as mortgage rates and inventory levels both hit record lows, according to the National…
Homes priced over $1 million made up 10.8 percent of all saved searches on Redfin.com in January, up from 8.5 percent the previous year. Source:…
Home prices rose 11 percent year over year in November, breaking the Federal Housing Finance Authority’s previous 15-year high in October. Source: Inman News
During the third quarter of 2020, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years. Source:…
Back in October, the company launched its Home Sales Predictor, and has now released U.S. home sales forecasts for November and December. Source: Inman News
The National Association of Realtors’ Pending Home Sales Index dropped 2.2 percent, to 130, in September after four consecutive months of contract activity growth. Source: Inman…