Real Estate - Real Estate, Updates, News & Tips

Inflation Keeps the Housing Market Afloat

At the end of last year, I made some guesses about the housing market in 2023. Well, here we are, six months into the new year and how did those predictions turn out? I spoke with economist Kathryn Rooney Vera, Chief Market Strategist, StoneX and we had a freewheeling conversation about the housing market and I’ll combine her observations with an evaluation of mine from last year.Rooney Vera recently joined StoneX as its chief ma

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Home Maintenance Checklist to Avoid Costly Repairs

Many homeowners have anxiety when it comes to maintaining their home, a survey shows. Here’s a breakdown of the top projects. Seventy-eight percent of homeowners say they have buyer’s remorse over purchasing their home within the last 12 months, mostly because of unexpected repair costs, according to a survey from Hippo, a home insurance group. Proactive home maintenance, however, can help ward off many repair nightmares.After all, two-thirds

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Contract Signings Slow, but Buyer Demand is Still High

Pending home sales may be down significantly from a year ago, but housing activity is quite lively in many parts of the country. Read more from NAR’s latest housing report. Although pending home sales fell 2.7% month over month in May, according to new data from the National Association of REALTORS®, that’s not necessarily an indication of a slowing housing market.Low inventory is the primary reason contract signings are down a whopping 22%

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Mortgage Demand Grows, Driven by Sales of New Homes

Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes.Total mortgage application volume rose 3% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. An additional adjustment was made for the Juneteenth holiday.Applications for a mortgage to purchase a home rose 3% for the week but were 21% lower year over year. Th

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Homebuyer Mortgage Demand Hits Highest Level Since May

Jumbo loan rates higher than conforming mortgages for 3rd week in a row as spread widens to 16 basis points, latest MBA lender survey reveals Homebuyer demand for purchase loans picked up last week to the highest level since May even as rates on jumbo mortgages surged, according to a weekly survey of lenders by the Mortgage Bankers Association (MBA).The MBA’s Weekly Mortgage Applications Survey shows applications for purchase mortgage

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Welcome to the Team Kinzley Moorcroft Dealing Central FL

iPro was founded on the idea of building a better living with champion real estate services. We focus on incorporating and mastering the latest technologies and perform all types of real estate transactions. Our team of professionals set a stronger standard of business and give superior results.Click here for information on becoming a salesperson.

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Home Prices Rise in April, Signaling a Recovery in the Sector

‘The ongoing recovery in home prices is broadly based,’ Case-Shiller says The numbers: U.S. home prices rose in April as the housing market continues to contend with a scarcity of for-sale listings. Homeowners’ unwillingness to sell is pushing up home prices, despite elevated mortgage rates. The S&P CoreLogic Case-Shiller 20-city house-price index rose 0.9% in April, as compared with the previous month. Home prices were s

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California Home Prices Down 18% then Up 14%, All in One Year

Homebuying tumbles to a 28-year low in May.“Numerology” tries to find reality within various measurements of economic and real estate trends.Buzz: Deep discounts on California homes shrank this spring – especially to the south – as the purchasing pace is almost historically sluggish.Source: My trusty spreadsheet reviewed May’s homebuying report from the California Association of Realtors.Fuzzy math: Is the springtime pri

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Rental Prices are Finally Starting to Drop from Pandemic Highs

There’s good news coming for millions of renters. But there is still a long way to go to cool housing costs in the economy.After years of eye-popping price increases, renters may finally be getting some relief.Rent prices fell 0.5 percent in May compared with the year before, according to data from Realtor.com released Monday. The firm’s tracking showedthat to be the first year-over-year drop since early inthe pandemic, when strong

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How to Reduce your Income Taxes Legally Using Real Estate Investing

Tax strategist David A. Perez helps real estate investors plan ahead to minimize their tax burden. Find out how his strategies can work for both active and passive investors Would you like to minimize your IRS tax burden and perhaps even reduce it to zero? If so, you need more than your typical tax preparer or CPA. You need a tax strategist who helps you plan your tax strategy long before you ever consider filing your taxes. I rece

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