Archives for November 2019

  Some Highlights: With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low! According to Freddie Mac, rates are projected to increase to 3.9% by this time next year. The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 Continue Reading

  November 22, 2019 Mortgage rates declined this week, with the 30-year fixed-rate mortgage averaging 3.66%, Freddie Mac reports. After several weeks of increases, the drop in mortgage rates is a welcome sign for home buyers. “The housing market continues to steadily gain momentum with rising homebuyer demand and increased construction due to the Continue Reading

  Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the best choice you can make. Here are seven great reasons not to Continue Reading

November 21, 2019 Low mortgage rates and a strengthening economy propelled home sales in October, the National Association of REALTORS® reported Thursday. Total existing-home sales, which include completed transactions of single-family homes, townhomes, condos, and co-ops, rose 1.9% month over month to a seasonally adjusted annual rate of 5.46 million, NAR’s latest existing-home Continue Reading

  November 15, 2019 © REALTOR® Magazine Mortgage rates climbed again this week, and economists say the trend may well continue as the economy sees some improvement. The 30-year fixed-rate mortgage averaged 3.75% this week, Freddie Mac reports. “The modest uptick in mortgage rates over the last two months reflects declining recession fears and a more Continue Reading

Kanok Sulaiman / Getty Images November 11, 2019 From Florida Realtors Some people think the U.S. is “due for a recession,” yet NAR’s Yun says conditions are better than ones preceding any earlier recession. But there’s still some risk. SAN FRANCISCO – Consumer confidence, the employment market and housing innovation were heavily discussed topics at the National Association Continue Reading

  Many sellers believe spring is the best time to put their homes on the market because buyer demand traditionally increases at that time of year. What they don’t realize is if every homeowner believes the same thing, then that’s when they’ll have the most competition. So, what’s the #1 reason to list your house in the winter? Less competition. Housing supply traditionally shrinks at Continue Reading

3 Ways to Get Instant Curb Appeal November 4, 2019 From landscaping to exterior finishes, there are plenty of ways to make your listing a standout in curb appeal. Houzz, a home remodeling website, recently showed off a few high-impact ways to boost a home’s exterior aesthetic. Paint the front door. Put a fresh coat of paint on the front door, which is what potential buyers will Continue Reading