Tag Archives: Sale

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

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Home Sales Zoom to Highest Pace in Decade

Daily Real Estate News | Friday, April 21, 2017 This spring’s housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a … Continue reading

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Fewer New Homes in Pipeline Pushes Up Prices

Daily Real Estate News | Wednesday, April 19, 2017 Nationwide housing starts dropped in March, despite continued high buyer demand, which is adding pressure to overall home prices. Housing starts for single-family and multifamily homes dropped 6.8 percent in March … Continue reading

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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

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Watch for These Open House Red Flags

Daily Real Estate News | Wednesday, April 12, 2017 How fast can you pick out signs of deferred maintenance in a listing? Realtor.com® recently spotlighted several red flags to watch for at an open house. Intense scents. The stronger the … Continue reading

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Millennials Want Home Equity Access

Daily Real Estate News | Tuesday, April 04, 2017 Homeowners are tapping into equity at the fastest rate in eight years, thanks to rising home prices. And millennials are leading the pack of those who are cashing in. In 2016, … Continue reading

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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

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Pending Home Sales Leap 5.5% in February

WASHINGTON (March 29, 2017) — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®. All major regions saw a notable … Continue reading

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Borrowers Face Higher Mortgage Rates

Daily Real Estate News | Friday, March 17, 2017 For the second consecutive week, mortgage rates were on the rise. “As expected, the [Federal Reserve’s Federal Open Market Committee] announced its first rate hike of 2017 and hinted at additional increases … Continue reading

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