Monthly Archives: April 2023
MORTGAGE RATES FLUCTUATE, BUT MARKET IS STABILIZING
Though mortgage rates inched up this week, they remain below 6.5%, Freddie Mac reported Thursday. The 30-year fixed-rate mortgage averaged 6.43%, up from 6.39% last week. But “with the rate of inflation decelerating, rates should gently decline over the course of 2023,” says Sam Khater, Freddie Mac’s chief economist. “Incoming data suggest the housing market... Read More
THE 20 BEST RESTAURANTS ON FLORIDA’S 30A
30A was once Florida’s best-kept secret, but now that the secret is undeniably out, families and friends come from all over to enjoy the white-sand beaches, bright blue waters, and idyllic walkable communities located along the scenic road. Perched on the northwest Gulf Coast of Florida, 30A (which refers to an actual local two-lane highway in... Read More
FALLING MORTGAGE RATES SET TO BOOST HOME SALES BY MORE THAN 200,000
The decline in mortgage rates over the last month likely will boost U.S. home sales by more than 200,000 as cheaper financing results in more people qualifying for loans, according to Lawerence Yun, chief economist of the National Association of Realtors. “Each half a percentage point drop in mortgage rates results is an additional 200,000... Read More
NEW HOMES NOW ONE-THIRD OF HOUSING INVENTORY
Builder optimism rose again in April thanks largely to a tight inventory of existing homes, and the index components that gauge future expectations rose the most. WASHINGTON – Builders remained cautiously optimistic in April as limited resale inventory helped increase demand for new homes. April builder confidence in the market for newly built, single-family homes... Read More
3 ESSENTIAL ELEMENTS TO MARKET YOUR HOME
Are you searching for ways to sell your home or condo in Santa Rosa Beach, Florida? Read More
7 TIPS TO MAXIMIZE YOUR HOME’S SALE PRICE
Selling a luxury property can be a daunting task, especially in a competitive market like Destin, Santa Rosa Beach, and Inlet Beach, Florida. But with the right approach and a few tips, you can maximize your home’s sale price and get the best deal possible. Here are seven tips to help you achieve that goal:... Read More
THE SIGNS OF A GREAT NEIGHBORHOOD: HOW TO FIND THE PERFECT PLACE TO LIVE
In conclusion, these are the signs of a great neighborhood. When looking for a place to live, consider these factors and prioritize what is most important to you and your family. Living in a great neighborhood can have a significant impact on your overall quality of life, so take the time to find the right one for you. Read More
HOW AI IS POISED TO TRANSFORM LUXURY REAL ESTATE
In conclusion, the property value of 345 Madison Street, Sag Harbor, NY 11963, has increased over the past year and is expected to continue to rise due to high demand. Recent sales in the area have ranged from $800,000 to over $10 million, with an average of $2.2 million. Sag Harbor’s status as a desirable location may help mitigate rising interest rates’ effects. The property’s location in a desirable neighborhood close to many of the town’s amenities makes it highly desirable to buyers. Read More
SOME HOME FEATURES HELP SELL HOMES FASTER
“When showing homes, we find that buyers always make a comment when a home has additional security features like cameras and ask if they come with the home. Another feature is outdoor living space, such as a covered patio or outdoor kitchen/built-in BBQ,” Platt said. “Buyers like envisioning how they can live in the home, and in Florida, comfortable outdoor space is important.” Read More
MORTGAGE RATES DOWN 5TH WEEK IN A ROW
The recent decline in mortgage rates is good news for prospective homebuyers, many of whom were pushed to the sidelines during the past year as the Federal Reserve raised its main lending rate nine straight times in a bid to beat back stubborn, four-decade high inflation. Read More
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