Posts Tagged ‘housingmarket’
RERL-1781 – Market Update Q2 – Real Estate and Lending
Q2 is fast approaching, but just one month ago a sudden spike in interest rates froze consumers just as they were getting pumped up to start the season. Of course, the market wasn’t going to stay stagnant for long. Inventory is trickling in and while it is still a sellers’ market, only specific areas are…
Read MoreRERL-1780 – Reverse Mortgages & Alternative Financing
Years ago, people got in trouble for taking advantage of the elderly by abusing reverse mortgages. Today the reverse mortgage still carries around a lot of that stigma, but that ends now! With interest rates still solidly in the 7% range, a reverse mortgage can be a tremendous benefit to any homeowner aged 62 or…
Read MoreRERL-1779 – When will rates improve enough to make a difference?
How low do rates need to go to make a difference in the marketplace? Just a couple years ago consumers could get 30-year fixed loans with interest as low as 3%. This spurred a huge boom in refinances and home purchases. To no one’s surprise, interest rates jumped up to 8%. The sudden spike paralyzed…
Read MoreRERL-1771 – Housing Market – Will We Repeat 2008 & 2009?
While California and New York have always been expensive places to live, the middle US has historically been a reliable area to purchase affordable housing. Unfortunately, that is no longer the case today and the housing market is essentially broken. One of the reasons why housing prices continue to skyrocket across the country is the…
Read MoreRERL-1770- The Housing Market Just Took A Turn!
Not too long ago the silicon valley lifestyle of the constant hustle was something to be glorified. Who didn’t come to California dreaming about being the startup CEO who bikes to work at 4 am and spends 12+ hours building a successful business? Well, it seems the luster of a luxurious workplace has finally started…
Read MoreRERL-1753-Housing Market – Major Changes On The Way!
Is the housing market ever going to stop rallying? Most likely. The market is all over the place and you could even say it’s carrying the same crazy vibe as the 2005 and 2006 markets. Homes are being fought over and prices are being run up by over 30% of the asking price. No one…
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