Homebuyers Income Jumped Last Year For Realtors, the 2024 housing market outlook is a little brighter. More listings, more sales, and homebuyers’ incomes have risen. Really, isn’t that all the good news Realtors need? Lawrence Yun, chief economist of the National Association of Realtors® himself predicts home sales likely will climb 14% this year. There’s…
Housing Supply – New Listings NAR reports a dip in new home listings this week, however in many cities, new listings were rising. See NAR’s latest report below on those cities with the most new listings. New listings were up substantially this year vs last. In Florida in June, new listings rose 21% and in…
Mortgage Refinancing Boom? Government’s are lowering interest rates to ride out the pandemic period and homeowners are very eager to refinance their mortgages, and buy homes or real estate during the record low period. Mortgage brokers and banks are competing by dropping mortgage rates to capture new clients and new refinance generated customers. Home buyers…
Is Canadian Real Estate in for a Big Price Drop? Even in the wake of the deadliest health epidemic of the last century, the Toronto housing market and Vancouver housing market did not crash. And if China had not released its deadly disease, the housing markets would have been roaring right now. It’s like science…
Searching for a Home This spring of 2020, some investors and home buyers are eagerly anticipating bargain real estate prices. The housing market is very vulnerable, and some homeowners may have to sell their property. Buyers must go online right now to conduct their home search. Few home sellers are showing their homes in person…