From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation.

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Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy.

Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well [...]

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.

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Having seen a price reduction of eight million dollars, the Chateau-esque Los Angeles mansion of actor and former funky bunch ringleader Mark Wahlberg is now tagged at $79.5 million.

Chateau Wahlberg has a big footprint to match its limestone pretentions; with 30,500 sq. ft. of interiors and 6.14 acres’ worth of grounds, its size is impressive even for its Beverly Park location. The property was initially listed in April of this year. Wahlberg had it custom built by Los Angeles trophy home expert Richard Landry; it was completed in 2014.

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There is a new villa and marina ready to be purchased in Panama. It is an area of pristine water and endless beaches surrounded by villas and small villages. It has ocean frontage with ocean, mountain & island views with development potential for Waterfront Lots & Estate [...]

A splendid midcentury Modern in the Los Angeles area appeared on the open market this fall tagged at $3 million. It is being offered for sale by musician KT Tunstall, whose ‘soul, body and mind’ trilogy concluded with this September’s release of Nut. The Scottish singer is otherwise known for hits “Black Horse and the Cherry Tree” and “Suddenly I See.”

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Rare Opportunity - This single-family home located in Newton Center is move-in ready. Spacious private yard. Easy green line access to Boston. Ample off street parking plus detached garage. Kitchen with double farmers sink and pantry. Hardwood floors throughout. Large front to back living room. Plenty of storage. Pets negotiable.

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Under Armour founder Kevin Plank has listed his Utah lodge-in-the-sky for sale on the open market recently, and a quick $21.5 million closing could mean a charmingly rustic year-end celebration at the top of the Silver Mine resort complex in Park City.

The 6,858 sq. ft. condo is entirely clad in timber. The reclaimed wood of the walls and ceilings, battered and weathered by decades of seasonal change, gives the interiors an intoxicating rusticity and a historical depth that belies the complex’s decade-long lifespan.

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A beautiful home with a farm, swimming pool, and tennis court is available in Valenca, Portugal. It has a magnificent farm with 14.698m2, consisting of a main house with 4 suites, swimming pool and support building, tennis court and lawn area, fruit trees, olive trees, branch of Alvarinho wine and pine forest [...]

Check out the latest episode of The Exponential Files out now on Youtube. This week we speak with Marketing Pioneer Bill Kerbox who l in the forefront of what the markets are looking for now. 

Check out the link here: https://www.youtube.com/watch?v=rFt0FjEzvhQ

Some Highlights

• If you’re planning to make a move but aren’t sure if now’s the right time, here are a few reasons why you shouldn’t wait to sell your house.
• The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right now, and many are hoping to avoid falling into the rental trap for another
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King of Staten Island co-writer and principal Pete Davidson has listed the Staten Island condo he purchased in the spring of 2021. The splendidly compact and view-rich upper-level mid-rise (actually, it’s on Staten Island, so it could be classified as a high rise) property returned to the open market this month with an asking price of $1.299 million.

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There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains:

“The desire for homeownership is strong. Many prospective buyers are waiting for the volatility in mortgage rates to subside, as well as for a clearer picture of the economic

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Prime location for this neat & tidy Quincy four family! Ideally situated for commuters with close proximity to public transit & all major roadways. Just around the corner from the Bishop park with playground, ball field & tennis courts & the Montclair Elementary school. Schedule an afternoon T-time at the Presidents Golf Course! Glorious hard wood floors throughout. Separate meters in the full walk out basement. Spacious yard with ample off street parking. The property is currently being utilized as a four one bedroom units, but the public record has it listed as eight bedrooms! Bring your vision, imagination & checkbook. You won't want to miss this tremendous investment opportunity.

Click here to view the full listing!