Hank Miller Team

JULY 12, 2023

Working at home became "a thing" and people spent a lot more time in and around their homes. Many leveraged those low rates and refinanced, taking money out and completing home improvements. Combine that with rent and daily expenses, it's no wonder the buyers on the edge fell off when rates jumped.

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Housing Wire

MARCH 6, 2024

Should mortgage rates fall, demand for residential real estate would increase, encouraging buyers who had been waiting on the sideline to move forward with home purchases,” according to the Beige Book. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased.

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Appraisal Today

OCTOBER 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36

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Will Springer Realtor

MAY 9, 2023

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.

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Will Springer Realtor

APRIL 11, 2022

What does it mean to buyers? The impact is greatest on first-time buyers and lower-income households, which recently prompted housing advocates to urge the White House for further help on the issue of affordability. “The higher rates could also discourage investor activity, which accounts for a large portion of home sales today.”

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Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. It’s very likely that these reductions are temporary, but since they’re happening as the spring home-buying season is kicking off, they provide a bit of a financial cushion for buyers – especially first-time buyers.”.

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Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. THE ROI OF HOME RENOVATION. I am often asked by sellers what home projects should they address to get the highest return on investment. They are often surprised by my answer.

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