Month: February 2021

Mortgage Interests Rose Sharply This Week to 2.97%

Realtor.com reports that mortgage rates rose sharply this week to 2.97% as the 10-year Treasury yield hit its highest level in the past year. Layoffs have plummeted significantly last week and consumers are now more confident about the …

Realtor.com’s Housing Market Update

According to Realtor.com’s report, home buyers are starting to emerge for the spring season. However, they are finding a tough market. The buyer demand component remains high while housing inventory remains low. Watch the video for complete details …

9 Reasons Why Some Homes Sell Faster

Some homes get sold as quickly as they get on the market. Some stay on the market for a longer period of time compared to others. Beyond the obvious elements such as location and size, here are nine …

Reasons Why You Need A Realtor When Selling or Buying

Buying or selling a home is probably one of the biggest financial and emotional transactions you’ll do in your life. You may think that you can manage it on your own, but the reality is, there’s so much …

Existing-Home Sales Ticked Up by 0.6% in January

Existing-home sales ticked up slightly in January and increased 23.7% from a year ago, according to the latest data from the National Association of REALTORS® (NAR). January reported a seasonally adjusted annual rate of 6.69 million existing-home sales. …

The best time to sell is NOW!

Did you know? • Existing-home sales totaled 5.64 million in 2020, up 5.6% from 2019 and the most since before the Great Recession. • The median existing home sales price was $309,800, up 12.9% from one year ago. …