CNBC reports “Mortgage rates are around the lowest in three years, but buyers are suddenly much more cautious about purchasing a home. Competition is cooling, and consequently, sellers can no longer command any price.” Kelley McMahon a Dallas-area agent with Compass said: “I think people are a little more cautious to pull the trigger, and […]
Hot Off The Press
“To help REALTORS® and other housing market analysts get the most out of the plethora of data that is available, NAR Research produces a series of Local Market Reports (LMRs) which provide insights into the fundamentals and direction of the nation’s largest metropolitan housing markets.” From Alabama to Wyoming, head over to the NAR website […]
Condo Moves
Housingwire reported this week the FHA to make financing easier for condo owners. “The Federal Housing Administration has finally issued a long-awaited update to its condominium rules, announcing Wednesday that it will now allow individual unit approval and is taking other steps to loosen requirements that make these properties eligible for FHA financing. Under the […]
Big-Time Buyer Interest
The photo above is a clue… Realtor.com just posted America’s 10 Hottest Neighborhoods, 2019 Edition. “As it turns out, this year’s most sought-after neighborhoods are not those nestled in the nation’s biggest, most famous cities where home prices are just about as high as the skyscrapers.” Some of the winners may shock you. The Realtor.com […]
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