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Rising rates and real estate, global edition – Marketplace

BrokerOwner.net November 25, 2022

Customers love sale prices — but they can pose real risks for retailers and manufacturers. Markdowns often hurt the profit margins of retailers.

Eight local real estate professionals earn sales awards – The Crescent-News

BrokerOwner.net November 25, 2022

Realtor Tim Turnbull of Hicksville earned the Award of Excellence for having in excess of $5 million in sales between July 1, 2021 and June 30, 2022.

Homes for Sale in Queens and Manhattan – The New York Times

BrokerOwner.net November 25, 2022

The State of Real Estate. Whether you’re renting, buying or selling, here’s a look at real estate trends. Rising mortgage rates. Faltering …

Real Estate Transactions 11-24-2022 – St. Charles Herald Guide

BrokerOwner.net November 25, 2022

Real Estate Transactions 11-24-2022. … 1154 Luling Estates in Luling sold for $195,000 by Brandon Smith to Sheila Pierre.

Tickets On Sale For Rush Tribute Project | Arts & Entertainment | capenews.net

BrokerOwner.net November 25, 2022

Tickets are on sale to see The Rush Tribute Project next spring at Memorial Hall in Plymouth. Paying homage to Canadian rockers Rush, the Rush …

Here’s why new home sales are up along with prices

BrokerOwner.net November 23, 2022

Today new home sales beat estimates, and new home median sales prices hit an all-time high. What is going on here? My job is always to be the detective, not the troll so let’s take a look at today’s data, as there is a constant theme here that I have

Buydowns become key for buyers to beat the market

BrokerOwner.net November 23, 2022

It’s a terrible time for homebuyers. Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power. What helped Erica Davis, a loan originator at Guild Mortgage, in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. By taking

Mortgage rates dropped again, so why are some borrowers on the sidelines?

BrokerOwner.net November 23, 2022

Recent declines in mortgage rates, which are due to a slowdown in inflation growth, have been enough to convince some borrowers to apply for new home loans, according to recent data on mortgage applications. However, there are still forces pushing many borrowers — mainly lower-income buyers — to stay on

Nonbank lender job cuts could shorten the market downturn

BrokerOwner.net November 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. “While it is true that many nonbanks entered this downturn with a large war chest of cash and capital, this is more than offset

New home sales continued to yo-yo in October

BrokerOwner.net November 23, 2022

Homebuilders must be feeling some whiplash, as new single-family home sales continued to yo-yo in October. After rebounding in August from a drop in July only to fall again in September, new home sales were back up in October, according to data released Wednesday by the U.S. Department of Housing and

Area home sale prices rise to $255K; one sold for $1M in August – Oakridger

BrokerOwner.net November 23, 2022

A year earlier, the median home mortgage would have cost $703. Real estate sales can take weeks or months to be recorded and collected. This is the …

How much did the 8 most expensive homes sell for in Morro Bay the week of Nov. 13?

BrokerOwner.net November 23, 2022

In total, 8 real estate sales were recorded in the area during the past … The sale of the condominium in the 600 block of Morro Avenue in Morro …

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