Home buyers warned to expect “fierce competition” this summer

Low numbers of homes listed for sale will combine with record low interest rates to create a competitive home shopping summer, realtor.com said in its Weekly Recovery Report ending July 11. The housing market is getting closer to pre-pandemic levels, Realtor.com’s index revealed. It reached 98.5 this week, which is just 1.5 points below its

Read More »

Realtor.com economist Jonathon Smoke expects solid spring sales

Jonathan Smoke, chief economist at Realtor.com, has predicted that we’ll see “solid spring home sales” this year, based on a variety of housing and economic reports.

Housing Market Showing Signs of Recovery

Good news folks! Prime buying time has always been from late April to late July, and the latest statistics are showing that this particular spring season is looking like it will be the strongest in the six years since the market crash.

What Do Low Interest Rates Mean for the Market?

Unless you’ve been hiding under a rock for the past 4 years chances are that you’ve heard a lot in the news about our country’s floundering real estate market. First there was the bubble, then an all out crash in some markets, and now we’re slowly but surely trying to measure a come-back with home inventories falling by almost 20% in April

Will Interest Rates Always Be This Low?

Rates on 15 year mortgages are hovering in the 3.65% range, and the rate for a 5/1 ARM is below 3%. We have reached a historic low with mortgage rates. But can they stay this way forever? I’m a boomer approaching my mid 50’s, and I can vividly remember the double digit interest rates that

Read More »

RealtyBizNews: Real Estate Marketing & Beyond