Marco Santarelli

NOVEMBER 4, 2023

Decline in Closed Sales : Closed sales are down by 8.9 Mortgage Rate Challenges : Mortgage rates have been a significant roadblock for many prospective homebuyers. Mortgage rates rose for the fifth consecutive week, with a 30-year fixed-rate mortgage averaging 7.57

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Marketing Investor Fixed-rate mortgage Mortgages 98

Realty Biz

APRIL 19, 2024

Only they have access to real estate comps, MLS listings, and local market trends that can help you buy, rent, sell, or invest in residential, commercial, or industrial real estate. The 30-year fixed-rate mortgage rate was at 6.6 How did US home prices change in the last couple of years?

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Marketing Fixed-rate mortgage Construction Residential 89

Realty Biz

MAY 21, 2023

Rates leveled off before recently rising again. Rates on March 1, 2022 were 3.90%. Home sales are sensitive to mortgage rate changes. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.35% as of May 11. from March to a seasonally adjusted annual rate of 4.28 million in April.

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Sales Short sale Fixed-rate mortgage Banks 92

Realty Biz

MARCH 21, 2023

Pending sales are an indicator of future sales, but it takes up to 40 days for pending transactions to close and not all pending sales end in deals. Home sales are sensitive to mortgage rate changes and homebuyers are taking advantage of any rate declines. from January to a seasonally adjusted annual rate of 4.58

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Realty Biz

DECEMBER 26, 2022

While the Fed doesn’t set mortgage rates, it affects them through its conduct of monetary policy. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage averaged 6.31% as of December 15. from October to a seasonally adjusted annual rate of 4.09

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Sales Short sale Residential Mortgages 92

Marco Santarelli

SEPTEMBER 5, 2020

July 2020 was a very active month for closings, up almost 13% compared with July 2019. The biggest mistake buyers make is sitting around waiting for sale prices to decline while their potential mortgage payment plummets. The average interest rate on a 30-year fixed-rate mortgage fell to a record low of 2.88%.

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Marketing Purchase and sale agreement Investor Sales 135

Marco Santarelli

JULY 30, 2020

over the previous year, according to the latest available data from the closely watched S&P CoreLogic Case-Shiller index. Last week, the average rate on 30-year fixed-rate mortgages dipped below 3% for the first time on record and this week stood at 3.01%, down from 3.75% a year ago, according to Freddie Mac.

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Toronto Realty Blog

SEPTEMBER 7, 2023

My goal of completing both posts by the start of the long weekend was never even close, but at least it came in handy as an excuse when I really, really needed to get out of the house on Monday. Even if mortgage delinquencies doubled , we’d still only be back to 2019 levels. Parents, you know what I mean. million square feet.

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Marketing Land Development Banks 105

Marco Santarelli

AUGUST 2, 2020

percent and closed sales were down 1.1 The third week of June closed with a median sale price of $700,000 for a 3% week-over-week gain. Closed sales dropped by 46.4% It seems they want to cash in on the opportunity to purchase their favorite properties amid a historically low-interest rate of 3.3 percent to end the year.

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Marketing Sales Pre-approval As-is 142

Marco Santarelli

AUGUST 27, 2020

Closed sales increased by 34.9 of the closings for the month of July were on the market 30 days or less, in June this number was at 59.1% The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. You can also consider a 15-year fixed-rate mortgage.

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Marketing Purchase and sale agreement Investor Sales 128

McKissock

MAY 30, 2023

From the ongoing debt ceiling debate to employment trends, inflation concerns, fluctuating interest rates, and the state of the commercial real estate market, it is important to understand the implications of these factors on the overall economy. Commercial real estate Mounting concerns about the U.S. trillion deficit.

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Banks Commercial Construction Fixed-rate mortgage 73

Marco Santarelli

SEPTEMBER 7, 2020

In July, the total closed sales amounted to 3,679, up 1.4% On the other hand, home prices continued to rise in May as closings and inventory fell. The average interest rate paid by Orlando homebuyers in July was 2.97%, down from 3.04% the month prior. The 15-year fixed-rate mortgage dropped to 2.44%.

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Marketing Investor Sales As-is 126

Realty Biz

SEPTEMBER 23, 2021

According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage was 2.84% in August, down from 2.87% in July. The average commitment rate across all of 2020 was 3.11%. NAR Chief Economist Lawrence Yun expects the 30-year fixed-rate mortgage to remain below 3.5%

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Sales Fixed-rate mortgage Short sale Equity 104

Realty Biz

JUNE 24, 2022

Look for fewer bidding wars, more days on market, and a cooling of the growth rate of pricing in the months ahead.”. Second-Best May Sales Month in History Miami’s total closed sales in May 2022 outperformed nearly every other May in history despite higher mortgage rates, lower supply, and higher sale prices.

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Sales Short sale Mortgages Fixed-rate mortgage 78

RIS Media

MAY 23, 2021

To ensure fair housing for all, NAR is committed to the enforcement of fair housing laws and policies that remove barriers to homeownership, including policies that help close racial wealth gaps and provide increased resources for fair housing enforcement. Homeownership is not just an American Dream.

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