Great Resignation Leads to Real Estate Rush
Google searches: From Jan. 2021 to Jan. 2022, the top trending career search entry was “how to become a real estate agent.” The profession draws job seekers.
Why Home Buyers Face Higher Mortgage Rates
The Fed’s 0.5% increase in a key interest rate this week is an aggressive move to slow inflation. But borrowing money to buy or fix up a home will cost more.
NAR Housing Forecast: Expect Market Uncertainty
Chief Economist Yun told Realtors at Legislative Meetings this week that 2022 has thrown curveballs like “record-low inventory and unyielding inflation.”
Build Your Business with Video Marketing
Video helps Realtors form connections via social media, which has about 4.62B active users globally. Studies show listings with videos get 403% more inquiries.
Commercial RE to Grow Despite Interest Rates’ Rise
NAR Chief Economist: Except for the office market, sectors like industrial, apartments, hotels and retail are up and should do well, especially short-term.
How Higher Fed Rates May Affect Finances
Record-low mortgages below 3% are gone; credit card rates will likely rise along with the cost of an auto loan. Savings accounts might earn a little more.
Rising Interest Rates to Slow Fla. Housing Market?
Experts offer mixed views. Some say moderately priced-home sales won’t slow yet due to low inventory; others expect impacts from stocks to the housing market.
The 30-year Mortgage Rate Rises to 5.27%
Freddie Mac: Up from 5.1% last week, it’s the highest since 2009. The average 15-year mortgage rate is now 4.52%, up from 4.4%.
U.S. Annual Home Price Growth Up 20.9% in March
CoreLogic: A record high, the annual growth was the largest in the 45-year history of the home price index. Fla. had the highest state home price gain, 31.4%.
Why Most Americans Say They Don’t Like Neighbors
Lending Tree survey: 75% say they dislike at least one of their neighbors, either due to noise, rudeness, problem pets, messy yards or ‘weird vibes.’