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Distinctive Properties
8022 W. Grandridge Blvd.
Kennewick, WA 99336Local: (509) 783-1431
Tag Archives: market
Time on Market Hits New Low in April
Daily Real Estate News | Wednesday, May 24, 2017 Low inventory pushed existing-home sales down in April and sped up the median number of days a home sat on the market to a new low of 29 days, the National … Continue reading
Posted in Real Estate News
Tagged AGO, buyers, closing, data, days, existing home, family, fast, for sale, foreclosure, home buyer, home sale, home sales, homes, homes for sale, housing, increase, look, market, metro area, NAR, national association of realtors, News, offer, price, prices, real estate, realtor, Sale, Sales, seasonal, selling, short sale, Sold, time, value
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Owners, Appraisers Aren’t Seeing Eye-to-Eye
Daily Real Estate News | Thursday, May 11, 2017 Appraisals in April were, on average, 1.9 percent lower than what homeowners expected. That means on an average home price of $236,400, homeowners misjudged their price by about $4,500. The gap … Continue reading
Posted in Mortage/ Finance News, Real Estate News
Tagged appraisers, closing, data, equity, family, home, home prices, home value, homeowners, loan, market, money, Mortgage, national association of realtors, News, perception, price, real estate, realtor, Sale, Sales, size, values
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Lower Mortgage Rates Boost Loan Demand
Daily Real Estate News | Wednesday, April 26, 2017 Total mortgage activity—which includes applications for refinancings and home purchases—rose 2.7 percent on a seasonally adjusted basis as homeowners rushed to take advantage of lower mortgage rates. The refinance market was … Continue reading
Posted in Mortage/ Finance News
Tagged 30-year, AGO, data, financing, for sale, home, home purchases, homeowners, homes, homes for sale, loan, market, Mortgage, mortgage rates, national association of realtors, News, real estate, refinancing, Sale, Sales, seasonal
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Closing Timelines Get Even Shorter
Daily Real Estate News | Monday, April 24, 2017 The average time to close on all home loan types dropped to 43 days in March—the quickest pace since February 2015, according to Ellie Mae’s Origination Insight Report. A year ago, … Continue reading
Mortgage Rates Set a New 2017 Low This Week
Daily Real Estate News | Friday, April 14, 2017 The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that … Continue reading
Posted in Mortage/ Finance News
Tagged 15-year, 30-year, AGO, ARM, data, Fall, freddie mac, home, jobs, market, Mortgage, mortgage rates, mortgages, national association of realtors, News, real estate, Sale, Sales
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Mortgage Rates Surprise By Nearing 2017 Low
Daily Real Estate News | Friday, April 07, 2017 The 30-year fixed-rate mortgage dropped lower for the third consecutive week and neared its low for 2017, Freddie Mac reports in its weekly mortgage market survey. “The 10-year Treasury yield was … Continue reading
Posted in Mortage/ Finance News
Tagged 15-year, 30-year, AGO, ARM, data, Fall, freddie mac, home, market, Mortgage, mortgage rates, mortgages, national association of realtors, News, real estate, realtor, time
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Mortgage Rates Got Cheaper This Week
Daily Real Estate News | Friday, March 31, 2017 For the second consecutive week, average mortgage rates fell, lowering the borrowing costs of buyers. “The 10-year Treasury yield remained relatively flat this week,” says Sean Becketti, Freddie Mac’s chief economist. … Continue reading
Posted in Mortage/ Finance News
Tagged 15-year, 30-year, AGO, ARM, buyers, data, Fall, home, market, Mortgage, mortgage rates, mortgages, national association of realtors, News, real estate, realtor, Sale, Sales
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