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50% of sellers still on the sidelines say they will wait out rates while 29% say they need to sell soon.(FOX Business / Getty Images) "We've got the most favorable balance of all of these factors for sellers. It suggests they will be able to sell quickly at a good price and be h...
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While full recovery of the industry is expected to be influenced by global geopolitical stability and interest rates over the coming 12 to 18 months, our survey respondents have indicated that there has been a positive change in sentiment on the prospects of real estate broadly. An increase in ...
The generation gap in homeownership is a topic of interest to many people. Many factors can contribute to the difference in homeownership rates between younger and older millennials. For example, the age group of younger millennials is between 23-31 years old for a generation born between 1990-...
rates start to fall, returning confidence to potential buyers. Whatever the details of exactly when and how we reach that point, the sudden market movements we’ve seen over the last 12 to 18 months have shifted the playing field. Investors are reassessing their real-estate allocations and ...
Then the Fed went onan unprecedented pace of raising interest rates. The rate increases helped make real estate less affordable and many home sellers lowered their asking prices. In early 2023, the average 30-year mortgage rate sat just under 7 percent, the highest level in over a decade. Si...
As used in real estate practices, the land of a riparian owner borders on: A. A river; B. A stream; C. A watercourse; D. Any of the above. Correct Answer D. Any of the above. Explanation In real estate practices, the land of a riparian owner can border on a river, a stream,...
by Rich Vetstein on March 9, 2023 in Massachusetts Real Estate Law, Rent Control, Rental Housing Wu Administration Misled Public On Details Of Plan: Corrupt Local Rent Control Boards Can Override Rent Increases, Lifetime Leases Allowed, Small Housing Providers Unfairly Targeted The Boston City Counc...
So how does this play out for real estate prices?Lower mortgage ratesdon't necessarily have a direct relationship to home prices, even though we'd like to think they do. But they may have an indirect effect on them. When rates are low, consumers are more willing and can afford to take...