by Liz Ruggiero | Dec 19, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
The irony of the currently sluggish market is that REALTORSⓡ will likely spend more time getting to know new clients than back in the spring and early summer when historically low mortgage rates and inventory issues resulted in bidding wars for many houses and...
by Liz Ruggiero | Dec 19, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) continued to trend downward this past week, averaging 6.31%, down slightly from the previous week’s 6.33%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac that was released this past Thursday. The...
by Liz Ruggiero | Dec 19, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability conditions have dragged builder sentiment down every month in 2022. Builder confidence in the market for newly built...
by Liz Ruggiero | Dec 19, 2022 | Agents, Brokers, Latest News, National, News, Teams |
Berkshire Hathaway HomeServices Florida Network Realty has announced it is supporting Family Support Services’ annual Be an Angel holiday drive. This charity campaign tries to make Christmas special for local children in out-of-home care. Angels buy gifts from a...
by Liz Ruggiero | Dec 19, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
There is no doubt that real estate, after a hectic few years, has dramatically changed. Mortgage rates have doubled in response to rising inflation. Transactions have decreased, partly due to those mortgage rates and partly because inventory is still so tight. In...