Aggressive rate increases have hurt the housing market, says NAR’s chief economist. “Inflation will not reignite (and will be) closer to 3% by the year’s end,” he says.
A real estate influencer has lots of followers and can steer industry conversations. By joining in, you gain respect and can attract more potential leads.
FHA Commissioner Gordon told Realtors that a recent 30-basis point insurance reduction makes FHA loans cheaper, including its 203(k) rehab option and ADUs.
Buyers would be hurt financially if the U.S. defaults on its debt June 1 – and institutional investors are a “tremendous threat” to the American dream.
For today’s homebuyers, 1 out of 3 potential listings is new construction. Historically, new homes only make up 1 out of 10 for-sale listings.
Many small businesses will likely find it harder to make capital purchases or even make payroll as smaller regional banks cut back on lending.
Even under new loan-fee rules, borrowers with low credits scores pay higher fees (1.625% if a 660 score) than those with stronger credit scores (0.625% for 740).
Start by picking the right real estate school, then learn as you go and study for exams. Once licensed, pick a brokerage with a culture that fits your personality.
Even economists stumble when it comes to mortgage-rate predictions, but little should change. Lenders expected Wed.’s increase and already baked it into current rates.
An example of AI technology is already on the market: Buyers tell the tech what their ideal home should have, and it generates a roster of those currently for sale.
