The 30-year fixed-rate mortgage posted a big drop this week, falling to a 3.05% average, Freddie Mac reports. “The market volatility resulting from the COVID-19 omicron variant is causing mortgage rates to decrease,” says Sam Khater, Freddie Mac’s chief economist. “As the year comes to a close, the housing market is proceeding steadily. However, rates … Read More “Holiday Gift for Home Buyers: Big Drop in Mortgage Rates” »
Category: Real Estate News & Tips
THE ART OF IDENTIFYING WILD PLANTS Nature—with its greenery, fresh air, and symbiotic ecosystem—has the incredible power to help you heal. The mental clarity and sense of belonging you can find in the woods is said to be a boon for your health, from lowering blood pressure to improving pain thresholds. And who couldn’t use … Read More “Flora Familiar” »
Is the housing market finally losing steam? Home improvement retail giant Lowe’s (LOW) issued a disappointing sales outlook Wednesday morning. Meanwhile, homebuilder Lennar (LEN) reported results Wednesday afternoon that missed forecasts. The company cited supply chain issues and higher lumber costs. Lennar shares fell 4% Thursday. But before you start shouting from the rooftops of the arguably overpriced home you live in … Read More “The housing market isn’t slowing down anytime soon” »
As we approach the 2022 spring homebuying season experts predict a busy one. But not as heated as 2021. SPRING 2022 HOMEBUYING SEASON PREVIEW Main Takeaways for Buyers Low housing inventory and high demand will create a strong seller’s market, but not as intense as the peak of 2021. Home prices are expected to continue … Read More “4 Experts Say You Can Prepare Now for a Busy Housing Market This Spring” »
MAKE YOUR HOUSE A HAVEN WITH ESSENTIAL OILS Whether you’re returning to your childhood home for the weekend or unlocking your apartment at the end of a long day, there’s nothing like going home. It’s not just about opening the front door with its familiar creak or spotting beloved decorations dotting every room. It’s about … Read More “Smells Like Home” »
Zucchini Boats Serves 6 Stuffing ½ pound ground pork ½ pound mushrooms, finely chopped 2 teaspoons finely chopped rosemary, additional for garnish 2 cloves garlic, minced ⅓ cup plain bread crumbs ¼ cup fine chopped walnuts, additional for garnish 1 teaspoon salt ½ teaspoon pepper ½ cup fine shredded Havarti or provolone cheese, additional for … Read More “Zucchini Boats and Steak-wrapped Asparagus & Mini Potatoes” »
Yearly gain smaller than the previous month, suggesting growth is flattening U.S. home prices remain significantly higher than a year ago, but the growth is easing and perhaps even ending, according to new figures. U.S. home prices increased 19.5 percent year-over-year in September, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index released Tuesday. The … Read More “Home prices up 20%, but buyers, take heart” »
Will the housing market improve in 2022? The 2021 housing market was a tough one for home shoppers. Low rates and increased flexibility from working remotely put many first-time homebuyers on the map. But limited inventory, skyrocketing prices, and fierce bidding wars made housing harder to come by. But things may soon level out to … Read More “Housing market predictions for 2022: Rates, prices, and inventory” »
Like most industries, residential real estate has seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the … Read More “Home Sales About To Surge? We May See a Winter Like Never Before.” »
CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) Releases its 2022 California Housing Market Forecast Existing, single-family home sales are forecast to total 416,800 units in 2022, a decline of 5.2 percent from 2021’s projected pace of 439,800. California’s median home price is forecast to rise 5.2 percent to $834,400 in 2022, following a projected 20.3 percent increase … Read More “California Housing Market to Remain Solid if Pandemic is Kept Under Control” »