If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure …
Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared…
One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, …
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in [...]
The home of singer and actress Jennifer Lopez has gone ON SALE for a market price of $42.5 million. This countryside-inspired 1940 8-acre home has everything you are looking for.
Click here to see the full listing:
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press …
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in-depth, let’s lean on the experts and what history tells us to see what could lie …
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features...
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to [...]
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:
“. . . some of the more prominent pandemic trends have
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Have you missed the recent episodes of 'The Exponential Files', our weekly real estate show discussing the real estate industry and the massive changes in the way people buy and sell houses and the professionals who serve their needs? We have you covered. Each Friday hosts Jim Lowenstern and Larry Lawfer are joined by a top real estate agent [...]
Click here to watch the podcast
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.
Click here to view the full listing!
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