Suburban Space Gains Popularity as Housing Recovery Begins The pandemic has caused more Americans to rethink where they want to call home. In many regions, suburban and rural areas are seeing stronger recoveries from the pandemic than their nearby urban areas, according to a new report from realtor.com®. In May, online listing views at realtor.com® …
Tag: News
Jun 17
Landlords Are Suing Retailers for Unpaid Rent
Landlords Are Suing Retailers for Unpaid Rent Landlords are taking retail tenants to court for missed rental payments. Some property owners who didn’t receive payments in April and May are filing lawsuits to try to collect on them now that they’re past their 30-day grace period, The Wall Street Journal reports. Tenants are arguing “force …
Jun 16
Mortgage Rates Remain Low for Buyers Who Can Qualify
Mortgage Rates Remain Low for Buyers Who Can Qualify The 30-year fixed-rate mortgage continued to hover near its all-time low this week, averaging 3.21%, Freddie Mac reports. “The rebound in home buyer demand continued this week, driven by mortgage rates,” says Sam Khater, Freddie Mac’s chief economist. “This turnaround in demand, particularly by those who …
Jun 15
Third of Employees Want to Work From Home Permanently
Third of Employees Want to Work From Home Permanently As states begin to reopen, many workers are hesitating as their workplaces unlock their doors. About one-third of employees—35% recently surveyed—say they prefer to continue working from home permanently, according to a new survey conducted in late May by CreditCards.com. Workers showed a preference for working …
Jun 12
Record Low Mortgage Rates
Record Low Mortgage Rates The Federal Reserve announced Wednesday that it would keep its benchmark interest rate near zero through 2022—a move that could set the course for record low mortgage rates for the next three years. The Fed’s key rate doesn’t directly affect mortgage rates, but it often influences them. The federal funds rate …
Jun 11
Now is the time to purchase or refinance a home!
It’s time to tell a friend… Now is the time to purchase or refinance a home! Read the graphic below then call me. Tell a friend! While rates are still low, now is the time to purchase or refinance a home! If you or anyone you know may benefit from refinancing, contact me …
Jun 10
Mortgage Rates Tick Up Slightly
Mortgage Rates Tick Up Slightly The 30-year fixed-rate mortgage inched up after reaching an all-time low last week. However, mortgage rates continue to hover near the lowest averages ever recorded by mortgage financing giant Freddie Mac. The 30-year fixed-rate mortgage averaged 3.18% this week, up slightly from last week’s all-time low of 3.15%. “While the …
Jun 09
Consumers May Rely on Agents Even More
Consumers May Rely on Agents Even More The COVID-19 pandemic has changed the ways people have conducted business, and some housing experts predict it will forever change real estate’s processes. Consumers likely will depend more on their real estate agent than ever before, Jennifer Anderson, a real estate pro in the San Diego area and …
Jun 08
Could the Rise of Remote Work Spark More Home Sales?
Could the Rise of Remote Work Spark More Home Sales? The growing trend of working remotely could untether Americans from office spaces in pricey areas and prompt them to buy homes elsewhere. Home sales in the suburbs as well as smaller, less expensive cities could see a boost that continues beyond pre-pandemic levels, The Wall …
Jun 04
Home Design That Promotes a Healthy Lifestyle
Home Design That Promotes a Healthy Lifestyle Hospital design and the food industry could teach the residential real estate community a lot when it comes to creating healthier space, says Bea Spolidoro, principal at FisherARCHitecture in Pittsburgh. A person’s home can have a physical and psychological health impact, Spolidoro told Forbes.com. Spolidoro says homes can …
Jun 03
Buying a fixer Upper? Purchase and Renovate in one loan!
Buying a fixer Upper? Purchase and Renovate in one loan! Read the graphic below for more info then give me a call! Buying a fixer upper? Call me orJohn Coneys of Freedom Mortgage, to find out how you can purchase AND renovate all in one loan! #RealEstate #Realtor #HomePurchase #RenovationLoan #FreedomFast #PreApp #LetFreedomHelp
Jun 02
Contract Signings Likely Won’t Go Any Lower
Contract Signings Likely Won’t Go Any Lower The COVID-19 pandemic hampered home sales contracts in April, but that will likely mark the low point in pending home sales for the year, according to the National Association of REALTORS®’ latest housing report released on Thursday. April was the second consecutive month of declining pending home sales, as …
