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Will deal to end shutdown kick-start real estate sales?
President Trump announced the government will reopen for at least 3 weeks, but is that enough time to close stalled transactions? BYPATRICK KEARNS Staff Writer JAN 25 EMAIL SHARING:SHARE ON SOCIAL: After 35 days of the longest government shutdown in U.S. history, which held up certain real estate estate transactions around the country, a temporary […]
Buyer Demand Still Outpacing the Supply of Homes for Sale
Buyer Demand Still Outpacing the Supply of Homes for Sale The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light […]
Should I Wait Until Next Year to Buy? Or Buy Now?
Should I Wait Until Next Year to Buy? Or Buy Now? Some Highlights: The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by 2019. CoreLogic […]