Mortgage rates haven’t been this stable since the fall of 2016. Rates did inch up this week, but only slightly and are still offering prospective buyers a window of opportunity, says Sam Khater, Freddie Mac’s chief economist.“The 30-year fixed-rate mortgage barely inched up this week, continuing the summer trend of essentially being flat,” says Khater. “While sales and price growth have softened these last few months, this leveling of r
About AlexWith over twenty years in the industry, along with his extensive local knowledge and global connections, Alex draws upon his expertise in the fields of real estate, international relocation, referral management, along with his integrity and discretion, attention to detail, marketing savvy, creative negotiating strategies and exceptional service to achieve impressive success for buyers and sellers alike. Keeping a close eye on the trends
Police continue to investigate the disappearance of a 28-year-old real estate professional in Killeen, Texas, who has been missing since Sunday. Christopher Alley Lee is a sales associate with Gold Medal Realty and was last heard from with a text at around 5:13 a.m. Sunday, according to reports. He was last seen by his roommate when he left in a silver SUV on Sunday.Christopher Alley LeeHis keys, glasses, wallet, and cellphone were found later in
Home sales may be slowing overall, but not among first-time home buyers, according to a new report. Genworth Mortgage Insurance culled all publicly available government and proprietary mortgage industry data to see how this segment of buyers is faring in the housing market. In the first half of the year, first-time buyers purchased 985,000 single-family homes, the most during the first six months of a year since 2005, according to Genworth’s F
She waded through toxic floodwaters to rescue people from their collapsed homes after Hurricane Maria devastated the island of Puerto Rico last September. He built nine dams for poor villagers in India, giving them access to clean water and stemming the uptick of dysentery deaths among infants. They have helped hundreds of developmentally disabled adults find housing, employment, and the dignity of living independently.These and other acts of her
Realtor.com® is expanding its lead generation offerings for real estate professionals by bringing a new tech platform under its umbrella. News Corp, which owns Move Inc. and realtor.com®, announced it will be acquiring Opcity, a tech program that matches qualified home buyers and sellers with real estate professionals in real time.Opcity culls proprietary data sets to capture online leads and instantly connects clients who are ready to act with
Contract signings to purchase a home fell in July, marking the seventh consecutive month that pending home sales have dropped on an annual basis, the National Association of REALTORS® reported Wednesday.NAR’s Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 0.7 percent to a reading of 106.2 in July. Contract signings are down 2.3 percent year over year. Declines in the South and West weighed down overall a
The risk of wildfires isn’t deterring some home buyers from purchasing in an area, even if the area has been struck by blazes in recent years. Real estate prices in wildfire-prone areas are in line with homes in low-risk areas, even immediately after fires, according to a new study.Americans may watch media coverage of out-of-control blazes, mass evacuations, and even deaths from recent wildfires out west, but that isn’t deterring them from m
Home buyers want the mortgage process to be less onerous and faster. But they also want more personal interaction as they navigate a transaction and very big decision in their life, according to Fannie Mae’s National Housing Survey, a survey of about 3,000 recent home buyers.“As the Amazons and Ubers of the world continue to raise the bar for ‘consumer-grade’ experiences, home buyers have made it clear that it’s also time for the home p
The average consumer receives around 121 emails per day, according to technology market research firm Radicati. Inevitably, some emails are going to get overlooked, but you don’t want yours to be one of them.Email marketing is likely a piece of your consumer outreach, but unsuccessful subject lines may be turning off clients and keeping them from opening your communications. “The subject line is what entices a subscriber to open, read, and c
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