by Editor | Jun 24, 2022 | Real Estate News
As escalating mortgage rates and home prices shrink the pool of buyers, help your sellers understand why they’ll likely need to readjust their expectations. June 21, 2022 by Melissa Dittmann Tracey Key takeaways: Today’s sellers are seeing the market cool considerably...
by Editor | Mar 15, 2022 | Finance News, General News, Real Estate News
March is here and that means: • March Madness! The “Big Dance” (NCAA basketball tournament) is upon us! This year, six of the ten Big Twelve teams were selected to be in the NCAA Men’s Basketball Tournament including Texas, Texas Tech, Baylor, Kansas, TCU, and Iowa...
by Editor | Mar 11, 2022 | Finance News, Real Estate News
View original article here. Following two weeks of declines, mortgage rates edged up, and economists say that consumers should expect further increases over the coming weeks. The Federal Reserve will likely raise its short-term interest rates at its meeting next week....
by Editor | Mar 11, 2022 | Finance News, General News, Real Estate News
Mortgage rates fell again this week amid Russia’s invasion of Ukraine, sparking uncertainty across the globe including in U.S. markets. The 30-year fixed-rate mortgage dropped to a 3.76% average this week, Freddie Mac reports. “Geopolitical tensions caused U.S....
by Editor | Mar 10, 2022 | Finance News, Real Estate News
While the Russian invasion of Ukraine is already raising inflationary pressures due to rising prices for a broad range of commodities including oil and wheat, long-term rates have counterintuitively fallen since the war began. This is because of a massive investor...
by Editor | Feb 23, 2022 | Area News, General News, Real Estate News
In mid-February, 2022, the number of listings available in the Austin MLS was less than 2,000. I spoke with the Austin Board of Realtors (ABOR) then, and I asked the number of agents at ABOR. There are over 16,000 licensees. That means there were eight licensees...
