real estate trends

Pending Homes Picking up Steam

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In October, pending home sales have picked up steam, showing a 3.5 percent increase in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI), which posted 109.3 in October, an improvement from 105.6 in September, based on contract [...]

Inventory Relief is Forecasted for 2018

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It’s no secret to brokers that the housing market has seen some short supply. The National Association of REALTORS® (NAR) recently reported a down of 10.4% from last year in the national inventory for pre-owned properties, but according to® 2018 National Housing Forecast, groundbreaking is projected to increase to up to 3 [...]

Mortgage Rates Starting to Lower

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This week has seen a decrease in mortgage rates with the 30-year, fixed rate averaging 3.0%, down .02% from last week, according to the Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac. The 15-year, fixed rate is down from 3.32% to 3.30% as [...]

High Demand for Luxury Homes

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According to CNBC, there has been a supply shortage of luxury homes in the US for the past two years. There was a 4.9 percent increase in values of the top 5 percent of homes sold in the third quarter of the year, according to Redfin, that stated the average of these homes was $1.71 million.

Cryptocurrency Transactions Rising in Popularity in Real Estate Market

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The real estate market is not immune to the increasing popularity of cryptocurrency transactions. As popular cryptocurrencies like Bitcoin grow in value and the benefits of a secure, coded block-chain transaction gain prevalence, the real estate market is becoming slowly intertwined with the possibility of cryptocurrency-based sales and [...]

Home Prices on a Steep and Steady Rise

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Home prices across the country have risen by a total of 6.9% as of April of last year, and an additional 1.2% when compared to last month, according to CoreLogic’s Home Price Index ...

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