How to Ensure a Faster Sale for Your Hollywood Home Lifes challenges can come at you in a flash. A sudden, drastic change in your life circumstances might force you to pull up roots and move to another city, state, or country. An unanticipated financial crisis might leave you...
Category: Dan
AUGUST HOME STARTS SURGE 12.2%. MULTIFAMILY MAIN CONTRUBUTOR
With residential single family sales cooling in the second half of 2022, there is an uptick in new construction multifamily units being built with the purpose of being rental units. Less and less buyers will be able to afford a new home with interest rates on the rise which mean...
Zillow and Opendoor team up for new iBuyer program.
With Zillow's inability to comp houses and Opendoors deceptive practices this should quite the tandem... Source:floridarealtor.org Credit: Kerry Smith
OPENDOOR DECIEVES HOME SELLERS. PAYS $62 MILLION FINE TO FTC
Ibuyer Opendoor Labs gets hit with fine from the FTC due to the company deceiving home sellers. https://www.ftc.gov/news-events/news/press-releases/2022/08/ftc-takes-action-stop-online-home-buying-firm-opendoor-labs-inc-cheating-potential-sellers Source:ftc.gov
SELLING YOUR HOUSE IN SUNRISE
Why Selling Your Sunrise Home for Cash Might be Your Best Option Life can come at you fast, and you’re not always ready. But as a homeowner, you have options. If you must sell a home quickly in Sunrise or the greater Broward County area to free up cash, relocate,...
BETTING ON A HOUSING MARKET CRASH? NOT SO FAST
Key take away. If everyone thinks something will happen, it often doesn't. Housing prices have historically been unaffected during these recessions. Nothing is a guarantee but its something to consider. Source: Youtube Credit: Logically Answered
HOMEBUYER SENTIMENT CONTIUES TO DROP
With rates rising the real estate market is slowly shifting from a sellers market to a buyers market. Sellers market means that there is less than a 6 month supply of homes for sale and a buyers market means there is more than a 6 months supply of homes for...
18% MORTGAGE RATES IN 1980
18% MORTGAGE RATES IN 1980 Very interesting video from when home mortgages were around 18%. Found it very interesting that there was still demand to purchase homes even though the rates were so high. People will always need homes to buy even if things get more expensive. Just a reminder...
Rocket Mortgages Prediction
Rocket CEO Jay Farner joins 'The Exchange' to discuss how higher mortgage rates will affect the overall lending and homebuilder market. "We're looking at $2 trillion of mortgages this year, says Rocket CEO" Credit: CNBC Real Estate News
