Marco Santarelli

JANUARY 4, 2025

If you're dreaming of owning a home in 2025, you're in luck! The National Association of Realtors (NAR) has just released its list of 10 housing market hotspots poised to outshine the rest of the country in sales next year. These aren't just random locations; they've been carefully selected based on strong economic, demographic, and housing factors that signal future market strength.

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Real Estate News

JANUARY 4, 2025

NYC luxury agent joins Compass after 20 years with Corcoran; Results Realty ERA Powered acquires Chicago-based Mark Allen Realty.

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Marco Santarelli

JANUARY 4, 2025

As we dive into Housing Market Predictions for 2025 and 2026 , experts are projecting a notable increase in home sales, with estimates showing a 9% increase for 2025 and an impressive 13% increase for 2026. This optimistic forecast is largely attributed to stabilizing mortgage rates, which are expected to hover around 6%. According to NAR Chief Economist Lawrence Yun , we might finally be turning a corner after a challenging period marked by high borrowing costs and low inventory.

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Brownstoner

JANUARY 4, 2025

Affordable Housing Lottery Opens in Gowanus With $784 Studios The latest affordable housing lottery to open for a new development made possible by the Gowanus rezoning is for the still under-construction 499 President Street Apartments. The nine-story development, which wraps around the Royal Palms Shuffleboard building between Nevins and Union streets,… Read More > The post Top 5 Stories on Brownstoner This Week: A Housing Lottery Launches in Gowanus appeared first on Brownstoner.

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BAM Media

JANUARY 4, 2025

BAM Key Details: Redfin’s analysis of U.S. Census Bureau data reveals that 33.6% of renters have stayed in the same home for at least five yearsup from 28.4% a decade ago. Baby boomers lead the trend, with 56% staying put for five years or more, while over half of Gen Z renters moved within a year. Renter behavior is shifting, and the numbers prove it: According to Redfin, one-third of U.S. renters have stayed in the same home for five years or longera 5% increase from a decade ago.

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Marco Santarelli

JANUARY 4, 2025

When you're navigating the complex world of home financing, mortgage rates can significantly influence your financial plans. As of January 04, 2025, the national average interest rate for a 30-year fixed mortgage is approximately 6.95% , reflecting a slight decrease of 4 basis points from the previous week. For those considering refinancing, the average rate for a 30-year fixed refinance is currently 6.99% , which is down 2 basis points from last week.

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Mortgages Loans VA loan FHA loan 52

Bigger Pockets

JANUARY 4, 2025

Its officially 2025, and many investors may be waiting on the sidelines for prices to drop.

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Housing Wire

JANUARY 4, 2025

Has the spring home-buying season already begun? Our weekly pending contract data has shown year-over-year growth for some time now, even with elevated mortgage rates. I believe that spring demand actually started in November this year a trend that has been evident in the rising sales data weve observed during the winter months in recent years. However, we need to be mindful that existing home sales data is working from record low levels of sales, so it doesnt take much to move the needle as I

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Bigger Pockets

JANUARY 4, 2025

For investors, the road to financial freedom isnt just about making more moneyits about clarity: about your values, your vision for the future, and the strategies youll use to get […]

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Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial