Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At the end of 2022, the […]
Category Archives: Real Estate World
Real Estate World
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If you are feeling overwhelmed by the mortgage process, let Anita John clarify your confusion! Anita is a top-performing Mortgage Loan Originator (MLO) who has been a part of the mortgage industry since 1999. With an extensive background in real estate loans and financial management, she understands that a mortgage isn’t just another purchase for […]
Inflation has left its mark He summarized the impact last year had on business as inflation took hold, forcing the Fed to tinker with rates in attempts to tamp it down. “As the year progressed, we saw the starting of some pretty severe hikes in interest rates,” he said. “Today we’re at 4.5% on Fed […]
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HECM vs. HELOC: What are the advantages? By DDA Mortgage • 18 Jan, 2023 • Adrian Prieto : When it comes to leveraging the value of a home, a home equity line of credit (HELOC) is probably the most well-known option. However, it’s not necessarily the most appropriate option for older homeowners, ages 62+. Unlike […]
#housingmarket #housingcrash #realestate This video analyzes the Florida housing market and explains why it’s very likely it will face a major home price correction in the near future. We dive into the PE ratio of individual counties in Florida, and we highlight which counties and metros will be some of the first to fall in […]
Said three-year fix fell 15 basis points to 5.39%, with the 10-year fix not far behind – its average rate dropped 12 basis points to 5.35%. Meanwhile, the average rate for a five-year fix lost 7 basis points, moving to 5.23% and the average two-year fix fell 6 basis points, to 5.47%. Two-year fixes T. […]
It’s been a tough start to 2023 for mortgage holders with inflation rising to 7.8% in the 12 months to December. This is the fourth consecutive quarter CPI has increased and indicates the Reserve Bank of Australia will most likely increase the official cash rate when it meets for the first time in 2023 on […]
Big news coming out this week, Zillow just ranked Charlotte as hottest real estate market for 2023, re.rcing what local experts have been saying about the economics driving our home prices. When it comes to home values and appreciation, every market will be different, but it’s important to understand what drives home values. It’s basic […]