Selling Your House? Make Sure You Price It Right. There’s no denying we’re in a sellers’ market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR): Homes typically sell within 17 days (compared ...
Continue ReadingThe Truths Young Homebuyers Need To Hear For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: ✅“1 in 4 underestimated their buying ...
Continue ReadingBy Jacob Passy Mortgage rates are still low by historical standards GETTY IMAGES/ISTOCKPHOTO Mortgage rates jumped higher in response to hints that the Federal Reserve may soon alter its approach to the economy in light of high inflation. The 30-year fixed-rate mortgage averaged 3% for the week ending May 20, ...
Continue ReadingLast month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings. In an article on the current real estate market, Gallup reports: “Gallup usually finds that Americans regard real estate ...
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